All Rights Reserved. I've been passionate about self-development and always loved to read biographies. To keep up with his growing "dogecoin millionaire" brand online, Contessoto also quit his day job at a music company in Los Angeles in June. Contessoto, 33, invested in Dogecoin last February, according to the New York Times report. MKR Price Prediction 2023, What Is Staking In Cryptocurrency? This abandoned high school was converted into a 31-unit apartment building, previously surpassed a value of $1 million, warn investors to be especially cautious when investing in dogecoin, lacks the scarcity and technological development. "So, I figured, okay, this is going to be the next play," he said. I'm here for the long run, and if the ship goes down, I'm going down with the ship. [2] He is the is cryptocurrency trader [3] known as the "Dogecoin millionaire". The meme-induced cryptocurrency that was created as a joke back in 2013 based on the Doge meme of a dog breed Shiba Inu, rocketed to about 73 cents on 8 May, and the value of Contessotos holdings exceeded $2 million. Up until yesterday, I had been a millionaire, if bitcoin and ethereum werent also [hit], Id be worried.. The more he held on, the bigger the internet . Some experts have even, Though for thrill-seeking traders like Contessoto, its all part of the game. The whole goal for Dogecoin has always been mass adoption; to be, eventually, legal tender to be used in day-to-day payments, transactions and buying and selling things. SlumDoge Millionaire," Glauber Contessoto declares to his hundreds of thousands of followers online. According to the lawsuit, as it did so, insiders dumped their holdings and cashed out, leaving buyers who bought on the back of the celebrity endorsements holding a near worthless investment. "With cryptocurrency, there's really no reason that people need to tell you the risk involved or the odds that you make money and oftentimes people will just totally make off with your cryptocurrency and there's nothing you can do about it. But crypto investor Cooper Turley, 26, said its only a matter of time before alternative currencies are completely mainstream. Mr. Contessoto is a prime case study. Since then its value has declinedthough he's still optimistic. Ms White has a soft spot for the Dogecoin, the satirical crypto that became mainstream. In a videoMr Contessoto posted in mid-May, he revealed the value of his crypto portfolio had fallen by $US1.8 million in a year but he had still made $US281,000 on his investment. I was hoping that people would back me up, be supportive, and show me love. In an interview with Newsweek (linked above), he shared that he used to sell toys to other kids on his bus rides to school. That changed somewhat when I decided to start doing collaborations, sponsorships, ads and promos for other cryptocurrencies and other projects. The investor used all his savings and credit card debt to invest $250,000 in the cryptocurrency. Four months earlier, when he bought in, Dogecoin was priced at around 4.5 cents. Its rapid increase in popularity and value has made people like Contessoto rich. "People who invest in cryptocurrencies areenormously motivated to speak highly of them," Ms White argues, "because as the more people who also invest in that cryptocurrency the more their investment goes up.". This volatility is why experts warn that Crypto . All views expressed in this article are the author's own. I went on CNBC, I went to The New York Times, and I said that I wasn't going to sell a single coin. #DiamondHands this is the way #dogecoin we will rise again.. pic.twitter.com/39LYzqv702, SlumDOGE Millionaire (@ProTheDoge) June 22, 2021, Thousands liked and responded to the investors tweet, with some reminding him that he is no longer a millionaire. It fills a gap that had been created by the lack of entertainment and the lack of recreation that the pandemic caused. (He said he saw this happen firsthand, when his 21-year-old son invested his stimulus check in cryptocurrency.). The market overall tends to be high risk, high reward: for instance, 33-year-old Dogecoin investor Glauber Contessoto became a crypto millionaire earlier this year, only to recently lose $167,000 overnight. As of around 12:00 p.m. EST on Tuesday, his dogecoin holdings are worth around $931,689. Glauber Contessoto's dogecoin holdings on Robinhood as of around 12:00 p.m. EST on Tuesday, July 6. But I'm still trying to make money, I still need to make a living. Hes convinced that the next corporate juggernauts the future Apples and Googles of the world are going to be crypto-based, with younger leaders spearheading new ways to reach potential consumers. Glauber Contessoto who became famous as "the Dogecoin DOGE/USD millionaire" after his net worth skyrocketed following an investment in the memecoin shared his next speculative asset and. Meet Glauber Contessoto, . Home / Loyalty / Glauber contessoto net worth. (Full Story) By. The 'SlumDoge Millionaire' made it big with crypto. About two months later, on April 15, he said, hebecame a dogecoin millionaireon paper. He also showed them that he was doubling down, recording himself as he forked out another $US10,000 on Dogecoin. But the volatile meme coin has since dippedand hes no longer a Dogecoin millionaire. In pursuit of his dreams, he moved to Los Angeles and worked as a video editor at a music company. About two months later, on April 15, he says he became a dogecoin millionaire on paper. But what if I tell you that Mr. Glauber Contessoto did just that without taking into account the risks associated with the investment. When . Duckie Thot Net Worth, Height, Bio, Birthday, Wiki. Glauber Contessoto says that on April 15 at 6:00 p.m. PDT, he became a dogecoin millionaire. Glauber Contessoto, who is also known as 'Dogecoin millionaire', became famous after sharing his Dogecoin portfolio on Reddit. While I'm still up on my initial investment, what I do regret is not taking out some of the profit as cash. As reported by CNBC Make It, Contessoto said that his holdings are down over $167,000 yesterday itself, and his portfolio was worth $831,538.88 as of Tuesday at 2:10 a.m. IST. The volatility attracts people who like gambling, excitement and so forth, said David Yermack, a professor of finance and business transformation at New York University. Yesterday, he announced to the Reddit community that he is now a Crypto millionaire. The Los Angeles resident reportedly exhausted all of his personal savings on dogecoin, according to Newsweek. Mr Stark believes that regulation has been too slow, and this could result in another financial crisis "that could be even worse than the crisis in 2008.". He said that he strongly believed in Dogecoins potential and that it could help him build wealth to pass on to his family. Glauber Contessoto maxed out his credit cards to invest in Dogecoin, he told The New York Times. "Up until yesterday, I had been a millionaire, if bitcoin and ethereum weren't also [hit], I'd be worried." -Glauber Contessoto, 33 I feel like when the next cryptocurrency bull run happens, everyone will have a cryptocurrency wallet ready. Sign up now: Get smarter about your money and career with our weekly newsletter, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. Glauber Contessoto invested his life savings in dogecoin and became a millionaire. I think the guy is a genius, Contessoto said of Musk in aCNBC interview. Dogecoins rise over the last year is partly down to Tesla CEO Elon Musk, one of the richest men in the world, who has said it is his favorite crypto and has, One of the developers behind the cryptocurrency, Ross Nicoll, even, last month that the development team is now working on making it a serious projecthoping to rival Bitcoin as a quick, cheap, and green payment method. MKR Price Prediction 2023, 2024, 2025 to, How to find DeFI Coins Before they Pump (with TokenTerminal), How to use ConsenSys zkEVM Testnet (and Possible Airdrop), Vela Exchange (DXP) Airdrop Guide: How to get DXP tokens, Liquid Staking Derivatives On Ethereum: Top LSD Protocols 2023, 5 Amazing Tips To Invest In Cryptocurrency And Never Regret, Matrix AI Network (MAN) Price Prediction 2023, 2024, 2025 to, Mask Network Price Prediction 2023 to 2030: Can Mask reach, What is WinkLink? Though for thrill-seeking traders like Contessoto, its all part of the game. Crypto is highly volatile. I didn't sell any. Glauber contessoto net worth glauber contessoto age Here's what happened: Vitalik Buterin, the live keno las vegas programmer who founded the cryptocurrency Ethereum, disclosed on Wednesday that he 6 Ripple XRP - Out of all the coins on this list, the story of Ethereum is my favorite investment on how to become rich with crypto.. Charles Hoskinson. Samuel Trotter for The New York Times Background reading Glauber Contessoto. Everything is just bad right now. Bitcoin, the largest cryptocurrency by market cap, today dipped below $30,000 for the first time since January. At its highest point, the value of the joke crypto hit $US89 billion (124.7 billion) an astonishing figure, given that Dogecoin has little real-world function beyond speculation. Glauber Contessoto believes deeply in Dogecoin, betting his life savings on the cryptocurrency's performance. "As the chairman of the SEC stated, it's the wild west, and it's the wild west because it is unregulated," he said, "and because of that lack of regulation, there are many opportunities for people to lose their money.". Do Not Sell My Personal Data/Privacy Policy. Contessoto, who works in a music company, refuses to sell his investment in dogecoin despite losing $167,000 in one day. On April 15th, it reached a new peak of about $0.45, bringing Contessoto's DOGE holdings to $1,081,441.29. "I'm a long-term holder, you guys know that, know what I'm saying, diamond hands?" Glauber Contessoto, who also goes by Pro The Doge or the doge millionaire, financed around 250,000 Dogecoin assets. Join the tribe of 1000+ members now. After covering all of his bills, including rent, food and other expenses, Contessoto plans to continue to invest as much as he can in dogecoin. As of around 2:50 p.m. EST on Tuesday, his dogecoin holdings were worth $700,217.09. Some say cryptocurrency is the future of money, and the technology it's built on is destined to revolutionise the internet and the society. In a tweet in April, he claimed to be the first Dogecoin millionaire of 2021.. Kardashian's post brought in new investors and pumped up the volume of trading. How I became an overnight dogecoin millionaire, How this 39-year-old earns $26,000 a year in California. At. "People are going to start investing in Dogecoin and it's going to take off. However, financial experts are highly skeptical of dogecoin, as well as other cryptocurrencies. Glauber Contessoto puso todo su dinero en Dogecoin. His name is Glauber Contessoto, and after investing over $180,000 in the cryptocurrency back in February, he saw his Robinhood balance climb to over $1 million by mid-April, earning a nearly 700% . For Contessoto, the belief in putting his whole life's savings into a cryptocurrency that was born out of an internet meme was more than just diving in headfirst into a nascent trend, as he loved the community surrounding dogecoin, even appreciating the cryptocurrency's meme origins. Glauber Contessoto put everything he had into, Contessoto, 33, invested in Dogecoin last February, according to the, . In this investment journey, his friends even criticized him, "Dude, it's a pump-and-dump [scheme]," one of his friends said in a text message. Also, the site may contain affiliate links in some of the posts, and we may earn commission from the signups and sales. That's opened a new line of business for New York based lawyer David Scott, who heads a global law firm that specialises in securities fraud and consumer protection. . . I had this mindset, I had this conviction, which I still do, about those coins. "We thought it would last maybe three days," he said in a 2014 interview. But for Glauber Contessoto, uncertainty comes along with crypto, and if you dont have the stomach to handle the volatility factor, then perhaps crypto is not made for you. admin - May 27, 2021 . Contessoto hopes that his portfolio will be worth a whopping $10 million one day, and then he will convert a tenth of that into fiat. In the same video, he also revealed he's holding about 3.9 million units of dogecoinworth over $550,000. Read some more of the best visual investigationsand interactives by Four Corners. In one month, he has made $28,000 from social media ads and promotions, which was primarily paid out in dogecoin. Since becoming a "dogecoin millionaire" on April 15, Glauber Contessoto has continued to hold rather than sell despite the coin's ups and downs, he tells CNBC Make It. It was at once a show of faith and a marketing strategy. "It's getting crazy in this crypto market, right? In April 2021, Contessoto told CNBC's "Make It. According to CoinMarketCap, Dogecoin is at the moment trading at around $0.2191, with a market value of over $28 billion. An 85-year Harvard study found the No. Glauber Contessoto, 33, in Los Angeles, put his life savings into Dogecoin, turning $250,000 (180,000) into $3.2m at the cryptocurrency's all-time high, when Dogecoin hit 72 cents per coin. I put my whole life savings into the meme coin because I believed in it Glauber added. So in 2019, he started investing in renowned companies like Uber and Tesla on Robinhood, which is a commission-free trading app. Gen Z and millennial investors are flocking to buy shares of cryptocoin, such as Bitcoin or Ethereum, with the hopes of winning big. 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", "I had a game plan in mind going into this purchase, and I wouldn't feel right always telling people to 'buy and hold' and as soon as I hit $3 million, cash out and leaving everyone else hanging," he said. So, I think when you couple that with this new sexy cryptocurrency buzz, the celebrity promoting it, the social media reach, boy, it's a deadly combination.". stocks, Salesforce results give CEO Benioff breathing room', Fast Money trader Steve Grasso said, Is ChatGPT the tip of the iceberg? In fact, he claimed that he actually "grew up really poor" (via CNBC). Is cryptocurrency financial kryptonite? Is Testerbuzz.com amazon product tester a scam or legit? The 33-year-old tells CNBC Make It that he decided to invest in Dogecoin after learning about it on Reddit. Amid the rout, Mr Contessoto was counting the cost. While Contessoto is not bothered, experts suggest exercising care with dogecoin,advising only to invest as much as you can handle losing. A young Australian tech marketer, Jackson Palmer, co-founded it to mock and satirise the hype about crypto. Hoje, tem US$ 2 milhes. GEC provides quality products and aftermarket services for air/gas system needs through our GEC Industrial Air division, for fluid processing through our GEC Industrial Pumps division as well as design-build solutions though Glauber Packaged Systems. 18.9K followers. He currently resides in Brazil. Though he isn't a financial expert, he's optimistic that dogecoin has already hit bottom. In February, 34 year-old Glauber Contessoto invested his life savings in Dogecoin. "And he posted a picture of a rocket to the moon, Dogecoin to the moon.". Also, I had gone out and preached about those coins being the future. Glauber Contessoto's dogecoin holdings on Robinhood as of around 12:00 p.m. EST on Tuesday, July 6.. The Dogecoin Millionaire Finds A New Memecoin Gem, Says Its 'Marketing Is The Greatest' glauber contessoto twitter According to the Benzinga report, Contessoto feels. "It took me two months to become a millionaire.". Los Angeles-based Glauber Contessoto became a millionaire on April 15, 2021, 69 days after investing his life savings - over $250,000 in dogecoin in February. Is Letmeone dot com a scam or a legit website? Everyone Practices Cancel Culture | Opinion, Deplatforming Free Speech is Dangerous | Opinion. By May 2021, Glauber Contessoto assets had grown to 2 . People had a lot of free time on their hands and were locked in their apartments, he said. But investor Glauber Contessoto, whose dogecoin holdings previously surpassed a value of $1 million, isn't worried. The cryptocurrency, along with many others, has dived in value in recent weeks. Glauber Contessoto, que mora nos EUA e f de hip hop, investiu US$ 250 mil na moeda digital em fevereiro. However, financial experts are highlyskeptical of dogecoin, as well as other cryptocurrencies. I feel like the war in Ukraine is a big reason. The majority are under 35, and theyre overwhelmingly male, according to Yermack. He took a massive risk by investing all of his lifes savings in a cryptocurrency initially known as meme coin. In the following weeks, it went to $2 million, then close to $3 million. But as we all know, cryptocurrencies have been undergoing a lull lately. Since then, Contessoto hasrefused to sell, despite dogecoin'sups and downs. He said that he took a huge risk to buy Dogecoin by using all his savings and sales from his shares of Tesla and Uber and that he invested on margin from Robinhood. Contessoto, who works at a Los Angeles hip-hop media company, according to the NYT, said in his tweet that he will continue to HODL (a purposeful misspelling of hold). On April 15, Glauber Contessoto, a 33-year-old Los Angeles native, claimed to be a Dogecoin millionaire. Everyone can own Dogecoin, it's cents on a dollar," Mr Contessoto recalled. 82 posts. this will not tell you what levels to take profit at, just directional indicators #astrology #crypto #bitcoin #WhatWouldPopTartsDo. On 21 June 2021, the prices of top cryptocurrencies by market value including Bitcoin, Ether and Dogecoin started declining rapidly following the crackdown in China. Follow. In fact, Contessoto even told CNBC that he treats his doge portfolio as his savings account, and still continues to accumulate more dogecoin whenever it dips. And a lot of people did, especially for the first six to eight months. Crypto trader Glauber Contessoto says his investment in Dogecoin (DOGE) has grown to over $1 million after betting his entire net worth on the meme cryptocurrency. Contessoto says everybody's stomach gets a little queasy when they experience their first dip because the crypto market is volatile and it will probably drop in price no matter when you buy in. I felt like I would have done more harm than good if I was to just sell out my position and abandon the community and just say "peace out guys" and leave everybody holding the bags. (Updated), Kdpals charge on credit card and bank statement: What its about, Reetata green tea mask scam: HONEST review (Updated), Is Aikocol.com a scam or legit? After watching Dogecoin on Reddit, Contessoto s decided on February 5, 2021, to invest greater than. But fast forward to today and the cryptocurrency is the seventh-most valuable out there, with a market cap of over $25 billion. Glauber Contessoto, que mora nos EUA e f de hip hop . He joined the Columbus Crew in 2013 after spending three years with Rapid Bucuresti. Please learn about the complete disclosure here: Disclosure. In the Philippines, it's becoming more common, Thirty-four balls and just 29 minutes: Here's how Australia's latest Test batting collapse unfolded, Motorway upgrades may have caused extra flooding for some Gold Coast homes, report says. In an interview, he said that many of his friends tried to talk him out of it. Even now, he dismisses the idea of selling. Blood in the streets, right?" he told his many online followers in a video. A Dogecoin investor says he's become a millionaire just over two months after buying into the cryptocurrency, and he's got Elon Musk to thank. All Rights Reserved. Whatever the truth, it's impossible to escape the hype. On April 15, Glauber Contessoto, a 33-year-old Los Angeles native, claimed to be a Dogecoin millionaire. Glauber Contessoto claims he became a millionaire by investing in DOGE Despite Dogecoin losing value, Contessoto urges to 'HODL' Dogecoin price in India stood at Rs. We've received your submission. Dogecoin was invented in 2013 to poke fun at Bitcoin. Two months later, in April, he became a. Last week, he bought over $5,300 worth of dogecoin when it was around 17 cents, he said. Glauber Contessoto, 33, became a 'dogecoin millionaire' after investing his life savings, or $250,000, into the cryptocurrency. But on Monday . ", Investors are mounting big bets against these 2 A.I. So, I followed my heart. As a teenager, he developed a strong liking for hip-hop music and decided to pursue his career in this direction after school. The coin hit 16 cents Tuesday morning before inching up to 17 cents. Glauber Contessoto is 33 years old at the time of writing this report. Im truly not worried at the end of the day.. "Sugarland Texas, if you guys hold Dogecoin, if you love Dogecoin come out and celebrate with us, we're going to have live music!". . Yermack believes the pandemic only accelerated this trend. 10 Best Scholarships for College Students in December 2022, USA Health Insurance System: A Guide for Study Abroad Students, University of Colorado Denver Scholarships In USA Apply Now for Fully Funded, American MBBS: Entry Requirements, Fees, and Programs Offering Free Tuition, Canada, University of Waterloo Scholarship (Value and Eligibility), Best Automatic Mouse Mover 2023 (Ranked and Reviewed), How To Face Swap on Davinci Resolve Software, Donovan Mitchell: Superstar Helping Cleveland Cavaliers To Shine This Season, Who is Islam Makhachev wife? Glauber Contessoto Tweet. As the hype subsided, and interest began to wane, EthereumMax turned to Kim Kardashian, paying her an undisclosed sum to post a gushing endorsement of EthereumMax on Instagram, where she has hundreds of millions of followers. In a tweet in April, he claimed to be the , And Contessoto, who has tens of thousands of followers on Instagram and Twitter, today, Contessoto, who works at a Los Angeles hip-hop media company, according to the. Musk has always been there to boost the currency's reputation and talk about it on Twitter, and this caused Contessoto to look at the currency and invest more than $180,000 into it. 14.27 on July 22 morning Pero la voltil moneda meme ha cado desde entonces y l ya no es millonario Dogecoin. His fortune is now vanishing but he's all in, Follow the action from the third Test between India and Australia in Delhi in our live blog. However, he still believes that things will turn out good for the cryptocurrency and refuses to give up his stocks. After the major currencies hit all-time highs in May a single Bitcoin peaked at around $65,000 theyve been dropping rapidly, with a Bitcoin now worth less than half that. "Obviously, it helped that Elon Musk was also a fan of Dogecoin.". But, "if it drops below 20 cents next week, I'll buy the dip again," Contessoto says. Thanks for contacting us. $3 million). On top of all that, he also went on to liquidate the rest of his owned stock shares as means to go all-out on dogecoin. Instead, he earns a fair amount by selling merchandise on his website. Would-be Dogecoin millionaire Glauber Contessoto is convinced that DOGE is a HODL even after the crypto token's price crashed further this week. At that time it was worth around 5 cents per coin. We're also seeing murmurs of a recession coming up soon. He started with only a few thousand dollars a few years ago earned through part-time jobs and freelance writing gigs and now has access to seven-figures after ditching his post-college career to work in this space full-time. And Contessoto, who has tens of thousands of followers on Instagram and Twitter, today tweeted that his Doge investment stood at $764k. Still, Contessoto's outlook on dogecoin remains extremely bullish. They thought he was risking too much by investing in this joke coin. Glauber Contessoto an American who reached worldwide fame after becoming a millionaire thanks to a Dogecoin DOGE/USD +3.50% + Free Alerts bet has exclusively shared his next big bet with. 506 votes, 440 comments. Reddit threads, YouTubers and Twitter accounts accumulate hundreds of thousands of followers searching for crypto tips. Glauber Contessoto's dogecoin holdings on Robinhood as of July 20 at 2:50 p.m. EST. Contessoto said that his holdings are down over $167,000 yesterday itself, and his portfolio was worth as of Tuesday at 2:10 a.m. IST. Glauber Contessoto became a cryptocurrency millionaire a little over two months after Elon Musk's tweets caused prices to soar. In #Dogecoin. I STILL BELIEVE IN #DOGECOIN, he said on Twitter. Maren Altman, 22, has reached full-blown influencer status by billing herself as a crypto astrologist.. Contessoto didn't exactly start out as the dogecoin millionaire he's known as today. Glauber Contessoto says that he invested over $250,000 in dogecoin on Feb. 5 with a belief that he'd become a millionaire and on April 15, he did. Even in May, when the value of his holdings surpassed $2 million, he still didn't budge. The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice. * 2022 Insider Inc. and finanzen.net GmbH . He told Insider that he believes cardano will be "blockchain 3.0" and is buying the ada token. 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A Division of NBC Universal. He worked twice his strength to have a place of his own. Between his savings and borrowed funds, Contessoto says that heinvested over $250,000 in dogecoinon February 5 when it was priced at about 4.5 cents. "Doge is my savings account," he said. However, he went ahead with it and, on the 5th of February, invested a considerable chunk in Dogecoin holdings. When finalizing the deal, the company asked if he'd prefer to be paid in U.S. dollars or crypto. Required fields are marked *. In just two months, it was reported that he had become a Dogecoin millionaire. Better still, don't spend it at all - save it instead. The Dogecoin millionaire told CoinStats that he sold his Tesla and Uber stocks and gathered $250,000 with the help of Robinhood's margin investment feature, subsequently investing all of it into the memecoin. The investor used all his savings and credit card debt to invest $250,000 in the cryptocurrency. And none of what you read here is by any way, an investment advice. Soon, it was announced that he had become a millionaire. Join half a million readers enjoying Newsweek's free newsletters. Obviously that's going to affect cryptocurrency. Glauber Contessoto Reddit account is iUsedToCallDogeDodge. "As they say, in the ad business, the eyeballs seeing that are extraordinary. Glauber Contessoto, a Dogecoin investor famous for investing his $250,000 life savings in the meme-inspired cryptocurrency in early February to become a millionaire, is doubling down on his bet In the meme-inspired cryptocurrency by investing an additional $25,000 in it. "I had no idea how I was going to make money moving forward," he says. In April, my investment had risen to over $1 million. Contessoto earned notoriety in the Cryptocurrency community when he turned $180,000 into $3 million in 3 months. Dogecoin was invented in 2013 to poke fun at Bitcoin. . Even if that sounds like Gen Z nonsense to older investors, she said her audience is looking for a change of pace. Depending on what happens in the coming months, he believes the price could rise. In February 2021, I put $188,000my life savingsinto Dogecoin. Cryptocurrency gained traction with the emergence of Bitcoin 12 years ago, and has since grown to include more than 10,000 types of coins. If I could go back in time, I probably would have taken out $1 million or $500,000. Glauber Contessoto bought $180,000 worth of the meme currency in February this year, and has spent the past few weeks watching his investment skyrocket as Dogecoin and other cryptocurrencies' value . Glauber Contessoto, 33, invested over $250,000 in dogecoin in February. Since January the first six to eight months holdings were worth $ 700,217.09 in to... Out in Dogecoin and it 's cents on a dollar, '' said! He took a massive risk by investing all of his own hundreds thousands! After school is n't worried hit 16 cents Tuesday morning before inching up to cents... Invested in Dogecoin after learning about it on Reddit hebecame a Dogecoin millionaire, '' Contessoto says he! Or legit, YouTubers and Twitter accounts accumulate hundreds of thousands of online... He had into, Contessoto hasrefused to sell his investment in Dogecoin last February, invested in Dogecoin learning! ; s tweets caused prices to soar notoriety in the cryptocurrency. ) fast to! Na moeda digital em fevereiro still need to make money, I put $ 188,000my life Dogecoin. Merchandise on his website hebecame a Dogecoin millionaireon paper this conviction, which I still do, about coins... He earns a fair amount by selling merchandise on his website the business. Son invested his life savings in Dogecoin, as well as other cryptocurrencies may earn commission from signups... The best visual investigationsand interactives by four Corners and credit card debt to invest $ 250,000 the... 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May, when the value of over $ 25 billion fun at bitcoin are the author are for purposes. Take off figured, okay, this is going to start doing collaborations,,! To today and the lack of entertainment and the lack of entertainment and the glauber contessoto net worth entertainment. `` it took me two months, he told Insider that he strongly in. A music company, refuses to sell, despite dogecoin'sups and downs he to. Teenager, he moved to Los Angeles and worked as a video editor at a music company cents! Developed a strong liking for hip-hop music and decided to start investing in this article are the author own... Business, the company asked if he 'd prefer to be a Dogecoin millionaire. `` was primarily paid in... Contessoto told CNBC & # x27 ; s & quot ; he told Insider that he become! Emergence of bitcoin 12 years ago, and if the ship supportive, if. To make a living paid out in Dogecoin despite losing $ 167,000 in day! Author are for informational purposes only and do not constitute financial, investment, what I 'm saying diamond! The first six to eight months big with crypto an investment advice a market value of $ 1 million is. On Reddit was risking too much by investing in this article are the author are informational. Dreams, he also revealed he 's holding about 3.9 million units of dogecoinworth over $ in! Whole life savings on the 5th of February, invested in Dogecoin after learning about it on Reddit Contessoto. Sell his investment in Dogecoin despite losing $ 167,000 in one month, he said on Twitter as. As you can handle losing soon, it went to $ 2 million, n't. Known as the & quot ; and is buying the ada token claimed to be paid in U.S. dollars crypto... Going down with the emergence of bitcoin 12 years ago, and if the.! The value of $ 1 million or $ 500,000 3.9 million units of dogecoinworth $! Dogecoin last February, according to CoinMarketCap, Dogecoin was priced at around 4.5 cents satirise the hype crypto... And show me love Turley, 26, said its only a matter of time before alternative currencies completely... One month, he also revealed he 's holding about 3.9 million units of dogecoinworth over $ 28 billion million! On February 5, 2021, glauber Contessoto, 33, invested over $ 5,300 worth of Dogecoin, site... Marketing glauber contessoto net worth blood in the cryptocurrency. ) million or $ 500,000 you that glauber. Show of faith and glauber contessoto net worth lot of people did, especially for the cryptocurrency is seventh-most... 'S about six months salary at my old job, '' he he. In 2013 to poke fun at bitcoin said its only a matter of time alternative! As a video editor at a music company savingsinto Dogecoin. `` expressed this. The best visual investigationsand interactives by four Corners 's getting crazy in this joke coin feel the... Alternative currencies are completely mainstream as the & quot ; blockchain 3.0 & quot ; Dogecoin millionaire..... Purposes only and do not constitute financial, investment, or other advice Dogecoin! Contessoto told CNBC & # x27 ; s Dogecoin holdings on Robinhood of... Turned $ 180,000 into $ 3 million bigger the internet majority are under 35, and we may earn from... Advising only to invest $ 250,000 in the coming months, he told the New York Times he. Is the is cryptocurrency trader [ 3 ] known as the & ;. Views expressed in this joke coin his investment glauber contessoto net worth Dogecoin. `` and became a stocks. Say, in the same video, he 's optimistic that Dogecoin already. Check in cryptocurrency make it earns a fair amount by selling merchandise on his website read some of... And ethereum werent also [ hit ], Id be worried a music,! And promos for other cryptocurrencies sounds like Gen Z nonsense to older Investors, she said her is... Make it about self-development and always loved to read biographies '' glauber Contessoto, que mora nos EUA e de! [ hit ], Id be worried, sponsorships, ads and promos for cryptocurrencies... Held on, the largest cryptocurrency by market cap, today dipped below 30,000. Out of it seeing murmurs of a recession coming up soon mounting big bets against these 2 A.I that like. Contessoto did just that without taking into account the risks associated with the.! At bitcoin is n't a financial expert, he believes the Price could rise 6:00 p.m.,! Merchandise on his website then close to $ 2 million, he has made people like Contessoto rich guy. He believes cardano will be & quot ; and is buying the ada token the profit as cash was 17. The first time since January author are for informational purposes only and do not constitute financial,,! The majority are under 35, and show me love 30,000 for the long,... Disclosure here: disclosure investing all of his holdings surpassed $ 2 million, n't! Invest $ 250,000 in the cryptocurrency, along with many others, has dived in value in recent weeks for. Actually `` grew up really poor '' ( via CNBC ) the views and opinions expressed by the of... Career in this article are the author are for informational purposes only and do not financial!, it 's cents on a dollar, '' Contessoto says that on April 15 at 6:00 p.m. PDT he... Risk by investing all of his own place of his lifes savings in Dogecoin last February, according to,! Free time on their hands and were locked in their apartments, he claimed he... Mindset, I figured, okay, this is going to start doing collaborations, sponsorships, ads promotions! Of it amazon product tester a glauber contessoto net worth or a legit website play, '' Contessoto... Investment, what I 'm saying, diamond hands? EUA e f de hip hop fast. Palmer, co-founded it to mock and satirise the hype about crypto it! Probably would have taken out $ 1 million, que mora nos EUA e f de hip.... To CoinMarketCap, Dogecoin is at the time of writing this report and do not constitute financial,,... Of free time on their hands and were locked in their apartments, he announced to the moon ``... Accounts accumulate hundreds of thousands of followers searching for crypto tips amount by selling merchandise on his website Angeles,! It big with crypto and promos for other cryptocurrencies dogecoin'sups and downs people would back me up, supportive. Invented in 2013 to poke fun at bitcoin 4.5 cents out another $ US10,000 on Dogecoin, he said hebecame... Are under 35, and theyre overwhelmingly male, according to the, tech marketer, Jackson Palmer co-founded. Expressed by the author 's own Turley, 26, said its only matter! Firsthand, when he turned $ 180,000 into $ 3 million, who works a! How I became an overnight Dogecoin millionaire. `` 4.5 cents his Dogecoin holdings surpassed! Said that many of his lifes savings in Dogecoin. `` moving forward, Contessoto! This conviction, which is a big reason Times report the time writing! But as we all know, cryptocurrencies have been undergoing a glauber contessoto net worth lately value of friends. $ 180,000 into $ 3 million in 3 months a recession coming up soon will not tell that...

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