glauber contessoto net worth
Whatever happens in the short-term doesnt matter to me because Im looking to hodl dogecoin for years to come. . "You risk losing nearly all the money you put in," James Ledbetter, editor of fintech newsletter FIN andCNBC contributor,previously toldCNBC Make It. With major cryptocurrencies persisting to be in the red as of the next day, Contessotos portfolio was hit, which only consists of Dogecoin. 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. Dogecoin is trading at around 23 cents as of 4:00 p.m. EST on Tuesday, according to CoinMarketCap. , said in his tweet that he will continue to HODL (a purposeful misspelling of hold). Ms White has a soft spot for the Dogecoin, the satirical crypto that became mainstream. I feel like when the next cryptocurrency bull run happens, everyone will have a cryptocurrency wallet ready. 5.8M subscribers in the CryptoCurrency community. 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. He invested not only his savings, but also the stocks he owned which includes shares of Tesla and Uber. I started doing the math and running all the numbers, and if I had just held my entire original investment in Tesla, I would have had $3 million. 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). "Up until yesterday, I had been a millionaire, if bitcoin and ethereum weren't also [hit], I'd be worried." -Glauber Contessoto, 33 He now has more than $800,000 in Doge. "We thought it would last maybe three days," he said in a 2014 interview. However, he was familiar with cryptocurrency but was highly fascinated with its marketing strategy. Maren Altman, 22, has reached full-blown influencer status by billing herself as a crypto astrologist.. "Doge is my savings account.". 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. I can't sit here saying "I'm gonna hold forever" and then bail as soon as it gets a little tight. When finalizing the deal, the company asked if he'd prefer to be paid in U.S. dollars or crypto. Glauber Contessoto twitter is @ProTheDoge. In his YouTube video, he stated that Elon Musk held nearly a third of all Dogecoins in circulation. From The Press. On February 5, Glauber stated he put about $180,000 into Dogecoin at a price of roughly $0.045 cents. How I became an overnight dogecoin millionaire, How this 39-year-old earns $26,000 a year in California. Glauber Contessoto while speaking to CNBC explained how the Reddit community and Elon Musk inspired his bold decision and how that has paid off. 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 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. Contessoto, who works in a music company, refuses to sell his investment in dogecoin despite losing $167,000 in one day. Is Testerbuzz.com amazon product tester a scam or legit? Save my name, email, and website in this browser for the next time I comment. Dogecoin was invented in 2013 to poke fun at Bitcoin. But despite the surge in value of the coin, rising more than 12,000% from January to its peak in May, Contessoto didnt cash out. Glauber Contessoto, 33, invested all of his funds into dogecoin, a meme-inspired cryptocurrency that has seen a significant increase in value this year. Nonetheless, Contessoto's plan remains the same: "Once I hit $10 million, then I'll take out 10%. Although he remained well ahead on his investment, he was no longer a Dogecoin millionaire. Glauber Contessoto, 33 years old [1], is a first-generation immigrant whose parents came to the United States from Brazil when he was 6. What is the Producer Michael Woods Net Worth? In fact, even as Bitcoins hype remains to grow and people keep investing, many personalities think its a bubble, and not something to invest in. An 85-year Harvard study found the No. Still, Contessoto's outlook on dogecoin remains extremely bullish. [2] He is the is cryptocurrency trader [3] known as the "Dogecoin millionaire". While casually browsing Reddit, a post about Dogecoin attracted his attention. As a matter of fact, during the dips, he even bought more Dogecoins. Though he isn't a financial expert, he's optimistic that dogecoin has already hit bottom. admin - May 27, 2021 . Two months later, in April, he became a. Meet Bob Alley, Kirstie Alleys ex-husband (Updated), Funny Marco interviews, age, birthday, and net worth, CREED III Final Trailer: The fight between former friends, Ant-Man and The Wasp: Quantumania (Trailer). (Full Story) By. Whats really exciting about crypto is that for the first time in history, we can place a financial value on social capital.. Dogecoin has built a strong community over the years, and its lightheartedness made it the perfect fit for the meme . 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. 14.27 on July 22 morning (2023 Updated), Meet LFL Adrian Purnell, Instagram, and Bio, Meet black Japanese goalkeeper Zion Suzuki (2022 Updated), Lindy and Jlo Net Worth, Age, Real Name, and Story, Erika Kullberg Husband, Net Worth, Age, Wedding & Ethnicity, Cinnamon finds scam or legit? 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. In a tweet in April, he claimed to be the "first Dogecoin millionaire of 2021." Cincoin abre as portas para uma nova era de incluso social digital iniciando a formao da sua comunidade financeira compartilhando informao e distribu. It's getting sweaty in here; you know what I'm saying?". . 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.). Cryptobullsclub is a trusted Indian crypto community followed by crypto traders and investors all over the world. . And a lot of people did, especially for the first six to eight months. Gotta love the conviction. 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Better still, don't spend it at all - save it instead. "Day afterday after day, it was like, one scam, one day, two hacks the next day.". "I believe it's one big Ponzi scheme," he told Four Corners. 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. "You risk losing nearly all the money you put in," James Ledbetter, editor of fintech newsletter FIN andCNBC contributor, previously told CNBC Make It. 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 sold $100,000 worth of bitcoin at age 15, founded the teaching platform Botangle (motivated by his poor educational . Follow. The Los Angeles resident reportedly exhausted all of his personal savings on dogecoin, according to Newsweek. However, he is looking forward to growing his brand online. In a tweet in April, he claimed to be the first Dogecoin millionaire of 2021.. The irony of all this is that Dogecoin was meant to be a joke. Home / Loyalty / Glauber contessoto net worth. Brazilian defender who played a season for Manchester City in the English Premier League. Its an act of rebellion against traditional methods of investment and business. But as we all know, cryptocurrencies have been undergoing a lull lately. "I don't typically refer to cryptocurrencies as investments because I see them a lot more like gambling," she told Four Corners. "They're not all that different. He took a massive risk by investing all of his lifes savings in a cryptocurrency initially known as meme coin. "I see Dogecoin as more honest about what it actually is," she said. Dogecoin Millionaire Glauber Contessoto REFUSED To Sell His Dogecoin Now His Stash Is Worth $2 Million! 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. Yet now, his holdings are down over $167,000 and the portfolio was worth $831,538.88. Turley, who lives in Los Angeles and works in crypto strategy at a streaming app, claims hes made millions in the crypto market. On April 15th, it reached a new peak of about $0.45, bringing Contessoto's DOGE holdings to $1,081,441.29. He worked twice his strength to have a place of his own. Net Worth: Relationship: Single Kids: Edit this Information. Blood in the streets, right?" he told his many online followers in a video. But Altman said her clients are along for a wild ride. That's when he announced that he had become aDogecoin millionaire. "You just gotta zoom out and chill," Contessoto, 33, told CNBC Make It. Glauber's personal network of family, friends, associates & neighbors include Mun Chong, Gail George, . The Dogecoin Millionaire Youtube channel is @thedogecoinmillionaire and he has 66.9K subscribers. One of them is just more plainly based in the shared belief that a silly dog token will go up in value.". The 33-year-old tells CNBC Make It that he decided to invest in Dogecoin after learning about it on Reddit. (Updated). He currently resides in Brazil. 18.9k Followers, 120 Following, 82 Posts - See Instagram photos and videos from Glauber Contessoto (@prothedoge) prothedoge. 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BuyBlockchain.net . A fight between Mayweather and US social media celebrity Logan Paul became a vehicle to lure in investors, who were offered rewards, including ringside seats and signed boxing gloves, for buying significant amounts of the cryptocurrency. Whatever the truth, it's impossible to escape the hype. Glauber Contessoto, 33, became a 'dogecoin millionaire' after investing his life savings, or $250,000, into the cryptocurrency. Crypto is highly volatile. Blower Repair Pump Repair Engineering Services Replacement Parts. It's like Jay-Z said: "First they love me, then they hate me, then they love me again.". All Rights Reserved. Glauber Contessoto an American who reached worldwide fame after becoming a millionaire thanks to aDogecoinDOGE/USD bet has exclusively shared his next big bet with Benzinga. This financial instability became his driving force to become wealthy and successful. Thanks for contacting us. We're also seeing murmurs of a recession coming up soon. "I call it the language of the millennials, memes. All views expressed in this article are the author's own. 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? Glauber Contessoto works at a music company in Los Angeles and belongs to a middle class family. Analysts reveal potential A.I. In just two months, it was reported that he had become a Dogecoin millionaire. Investorscould get burned, and in turn, should only invest what they can afford to lose. 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. People are just on the side lines asking: "When do we jump in?". I feel like honesty is the best policy, and I show my portfolio at the end of every single one of my videos, so people know exactly where I'm at. Glauber Contessoto's dogecoin holdings on Robinhood as of around 12:00 p.m. EST on Tuesday, July 6. #DiamondHands this is the way #dogecoin we will rise again, the tweet read. Glauber Contessoto who became famous as "the Dogecoin (CRYPTO: DOGE) millionaire" after his net worth skyrocketed following an investment in the memecoin shared his next speculative asset and this time his investment decision was not dictated by the tweets of Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk. This volatility is why experts warn that Crypto . 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. According to a tweet Contessoto published, the move comes in . In reality, crypto prices dropped. 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. He became a prominent figure in the cryptocurrency community in 2021 after he became a millionaire by investing his life savings in Dogecoin. In the face of inflation and asset prices rising for people, this is not a feasible, sustainable, realistic way to build wealth anymore.. In the volatile cryptocurrency market, you don't need to be on the end of a scam to lose money. The top cryptocurrencies by market value, including bitcoin and ether, are plunging on Tuesday amid a sell-off. 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