"Of course, I said dogecoin," he says. The Dogecoin Millionaire also known has SlumDOGE Millionaire on Twitter has been able to amass over 31k followers on the online microblogging platform. As a matter of fact, during the dips, he even bought more Dogecoins. That changed somewhat when I decided to start doing collaborations, sponsorships, ads and promos for other cryptocurrencies and other projects. The developers behind the coin wanted to make a silly cryptocurrency with no real valueand even based its image on a popular internet meme. 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. I'm still optimistic though. A lot of people don't realize this, but the first time I ever invested in any cryptocurrency was also in February 2021, so I had been in the space for two months and became a millionaire. ", See Also: HOW TO BUY NON-FUNGIBLE TOKENS (NFTS), The Dogecoin millionaire said he expects NFTs to "be huge this year" and added "the ones found on VeVe will have an edge over other NFT projects given its official licenses with these exclusive collectibles and digital comic books.". As a teenager, he developed a strong liking for hip-hop music and decided to pursue his career in this direction after school. Altman charges members $7.77 per month and offers courses ranging in price anywhere from $49 to $1,499. 18.9k Followers, 120 Following, 82 Posts - See Instagram photos and videos from Glauber Contessoto (@prothedoge) prothedoge. He is known on YouTube as The Dogecoin Millionaire and he is known on Instagram as @ProTheDoge. 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. Their extreme volatility is one reason why experts warn that it's a risky, speculative investment. I've been passionate about self-development and always loved to read biographies. "But with gambling, there's regulation involved, the casinos can't just take your money and run away with it. Still, Contessoto, just like many big bulls, remains extremely optimistic about Dogecoin, although he isnt presently a millionaire by Dogecoin on paper. I personally believe that next time we have an incredible market high, Bitcoin is going to hit $100,000 and Dogecoin will hit a dollar. 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. But fast forward to today and the cryptocurrency is the seventh-most valuable out there, with a market cap of over $25 billion. Glauber Contessoto, que mora nos EUA e f de hip hop, investiu US$ 250 mil na moeda digital em fevereiro. Education + Add. "So, they literally paid me in dogecoin. . The housing market is likely another; I feel like we're in a bubble with that. He said VeVe is "full of officially licensed NFTs from some of the biggest legacy brands in the game from Disney, Marvel, Universal and even Cartoon Network. After days of research,Contessoto then poured all his savings into it, even resorting to borrowing money through margin investing. A Division of NBC Universal. Everyone Practices Cancel Culture | Opinion, Deplatforming Free Speech is Dangerous | Opinion. Cincoin abre as portas para uma nova era de incluso social digital iniciando a formao da sua comunidade financeira compartilhando informao e distribu. Some experts have even said that we are now entering a bear market. 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. About|Contact Us|Terms & Conditions| Privacy Policy. 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. On April 15, Glauber Contessoto, a 33-year-old Los Angeles native, claimed to be a Dogecoin millionaire. I was hoping that people would back me up, be supportive, and show me love. 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. Glauber Contessoto's dogecoin holdings on Robinhood as of around 12:00 p.m. EST on Tuesday, July 6.. MKR Price Prediction 2023, What Is Staking In Cryptocurrency? I enjoy writing about sports news, business, scholarship programs, and movies, among other topics. So I still feel like I was doing the right thing by holding. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on WhatsApp (Opens in new window). "It's really brought to the forefront that something that has no intrinsic value, that's not tied to any real-life asset or service, that is just plainly a joke, has become on par with some of the more serious cryptocurrencies like Bitcoin or Ethereum. Your email address will not be published. Contessoto, who works in a music company, refuses to sell his investment in dogecoin despite losing $167,000 in one day. 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? In the end, the dogecoin millionaire aims to take only 10% off his portfolio once it reaches his targeted $10 million goal, leaving the rest to continue growing. Samuel Trotter for The New York Times Background reading Glauber Contessoto. That's when he announced that he had become aDogecoin millionaire. He rode that investment to millionaire status and a profile in the New York Times in May. Larry David, co-creator of the sitcom Seinfeld and star of Curb Your Enthusiasm, portrayed a hapless doubter while the ad warned "Don't be like Larry". As a child, he saw his parents struggling to make ends meet. Turley, who lives in Los Angeles and works in crypto strategy at a streaming app, claims hes made millions in the crypto market. Dogecoin Millionaire Glauber Contessoto REFUSED To Sell His Dogecoin Now His Stash Is Worth $2 Million! But fast forward to today and the cryptocurrency is the seventh-most valuable out there, with a market cap of over $25 billion. And the main reason that people invest in cryptocurrency is because they believe that there's a greater fool out there. The investor used all his savings and credit card debt to invest $250,000 in the cryptocurrency. "You risk losing nearly all the money you put in," James Ledbetter, editor of fintech newsletter FIN andCNBC contributor,previously toldCNBC Make It. It's getting sweaty in here; you know what I'm saying?". Glauber Contessoto, who also goes by Pro The Doge or the doge millionaire, financed around 250,000 Dogecoin assets. On April 15, Glauber Contessoto, a 33-year-old Los Angeles native, claimed to be a Dogecoin millionaire. 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. However, the crypto market is now in the doldrums and has been so after Bitcoin, "the main cryptocurrency" to which all . Courtesy of Glauber Contessoto and Rodrigo Ramos. $3 million). "Woo-wee, a bloodbath, right? Glauber Contessoto Instagram (IG) is @prothedoge. In the volatile cryptocurrency market, you don't need to be on the end of a scam to lose money. The 33-year old crypto enthusiast put everything at stake but soon got remunerated as Dogecoins worth increased during the first half of 2021. His comments follow Augustreportsthat Marvel partnered with VeVe to launch its first NFT collection featuring popular superhero Spider-Man with prices ranging between $40 and $400. The younger generations dont think so. Theres a kind of existential nihilism, Altman said. Please DYOR before investing. "I'm a long-term holder, you guys know that, know what I'm saying, diamond hands?" Im truly not worried at the end of the day.. As Musk ramped it up, that's where Dogecoin headed; Mr Contessoto's gamble paid off. For now, it would be really convenient for me to completely cash out. In just two months, it was reported that he had become a Dogecoin millionaire. "The insiders sold their tokens, made money, when it was all said and done, those people who bought on the good news and on the news that was being spread by the promoters, suffered extraordinary losses," said Mr Scott. 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. That was worth more than $7,000 at the time I interviewed them together. "Imagine the influence that she has," Mr Scott said. Contessoto, 33, invested in Dogecoin last February, according to the New York Times report. Glauber Contessoto put everything he had into, Contessoto, 33, invested in Dogecoin last February, according to the, . From The Press. "It has no intrinsic value and it could just as easily come crashing down in price as continue to go up.". In addition, Contessoto shared in recent a YouTube video that he's selling his own beard cream lineup called the "Diamond Hand." This uncertainty is, however, one of the major reasons why experts alert that cryptocurrency is a risky and speculative investment. "All types of horrific crimes from ransomware attacks, and terrorism, and evading sanctions during war time, which is what's going on right now, drug dealing, sex trafficking. Glauber Contessoto puso todo lo que tena en Dogecoin, una criptomoneda muy voltil que se invent originalmente como una broma. However, this all changed whenContessoto first learned about dogecoin on Reddit. It was at once a show of faith and a marketing strategy. Social media plays a role in cryptocurrency investments, for both people who are looking to invest, as well as content creators who use it to guide others investment decisions. "They're not all that different. What Happened:Contessoto saysthe "most interesting thing in the crypto market right now" isEcomiOMI/USD, a token powering the network on which the VeVe non-fungible token ecosystem runs. Glauber Contessoto Tweet. . 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