He's hopeful it will hit $1 by the end of the year. The housing market is likely another; I feel like we're in a bubble with that. However, he is looking forward to growing his brand online. Cryptocurrency gained traction with the emergence of Bitcoin 12 years ago, and has since grown to include more than 10,000 types of coins. Glauber Contessoto twitter is @ProTheDoge. The leading community for cryptocurrency news, discussion, and analysis. Still, Contessoto's outlook on dogecoin remains extremely bullish. 2023 Benzinga.com. Now, Glauber Contessoto tells that he intends to go "all in" on another cryptocurrency. As for what he's planning to do once he cashes out, he shared he's hoping to start his own record label, with the ultimate goal of ensuring that his mom never has to work again (via Newsweek). 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? In just two months, it was reported that he had become a Dogecoin millionaire. Crypto is highly volatile. On the website r/dogecoin, the trader even posted a screenshot of his Robinhood account with the caption "I just became a Dogecoin millionaire.". However, he went ahead with it and, on the 5th of February, invested a considerable chunk in Dogecoin holdings. "It's something at the SEC we used to call the Greater Fool Theory that you believe there's a greater fool out there who will pay more, whatever the cryptocurrency might be.". And none of what you read here is by any way, an investment advice. 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. But 33-year-old Los Angeles resident Jaysn Prolifiqlegally known as Glauber Contessototold Newsweek he does not regret hanging on to his . 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 . "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. , said in his tweet that he will continue to HODL (a purposeful misspelling of hold). MKR Price Prediction 2023, What Is Staking In Cryptocurrency? Since then its value has declinedthough he's still optimistic. "Doge is my savings account.". 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. Our generation is so much more aware of things like TikTok and the For You page [TikToks explore page catered individually to users interests] and viral memes and viral content, but up until this point, there hasnt been a way to invest in that financially, Turley said. Investorscould get burned, so they should invest only what they can afford to lose. "That's about six months salary at my old job," Contessoto says. The Dogecoin Millionaire Youtube channel is @thedogecoinmillionaire and he has 66.9K subscribers. I'm still optimistic though. 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. Meet Glauber Contessoto, . Dogecoin was invented in 2013 to poke fun at Bitcoin. When . That kind of advertising disturbs John Reed Stark, a lawyer in Washington DC who has spent most of his career at the intersection of law and technology. At the time, he considered himself a "technology evangelist" but he now proselytises against cryptocurrency. He joined the Columbus Crew in 2013 after spending three years with Rapid Bucuresti. I started SuccessTitan to allow everyone to easily learn from the ultra-successful and achieve more in every area of their life. Is Testerbuzz.com amazon product tester a scam or legit? Glauber Contessoto, 33, invested all of his funds into dogecoin, a meme-inspired cryptocurrency that has seen a significant increase in value this year. Duckie Thot Net Worth, Height, Bio, Birthday, Wiki. BuyBlockchain.net . 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. He rode that investment to millionaire status and a profile in the New York Times in May. I was hoping that people would back me up, be supportive, and show me love. Glauber Contessoto, 34, lives in Las Vegas, Nevada. 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. One of them is just more plainly based in the shared belief that a silly dog token will go up in value.". Yermack believes the pandemic only accelerated this trend. All information mentioned in our website is for informational and educational purposes only. Join half a million readers enjoying Newsweek's free newsletters. Now, the price of the meme coin has dropped dramaticallyalong with the rest of the market. We at cryptobullsclub.com use cookies to personalise ads and to analyse our traffic. Even now, he dismisses the idea of selling. Altcoins, which typically follow Bitcoin sell-offs, have followed. Better still, don't spend it at all - save it instead. 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. They gave me half upfront, and the other half when I deliver the video.". I'd be sitting at a profit, and I would be able to just see where the market goes before investing again. Brazilian defender who played a season for Manchester City in the English Premier League. The value of his holdings climbed to $2 million. "What's going on guys? In an interview, he said that many of his friends tried to talk him out of it. Up until yesterday, I had been a millionaire, if bitcoin and ethereum werent also [hit], Id be worried.. In a tweet in April, he claimed to be the "first Dogecoin millionaire of 2021." When Four Corners caught up with him, he was making a video promoting "Doge-apalooza", a festival dedicated to Dogecoin. "It's getting crazy in this crypto market, right? According to the complaint, a business called EthereumMax paid celebrities to whip up hype about their "Emax" token. "You risk losing nearly all the money you put in," James Ledbetter, editor of fintech newsletter FIN andCNBC contributor, previously told CNBC Make It. Glauber Contessoto puso todo su dinero en Dogecoin. Do Not Sell My Personal Data/Privacy Policy. All Rights Reserved. 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 the New York Times magazine reports, Glauber Contessoto, 33 years old, made his initial investment in the blockchain technology in February 2020. 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. No matter who you are, if you bought cryptocurrency in 2021, the chances are you're down right now. Though he isn't a financial expert, he's optimistic that dogecoin has already hit bottom. Contessoto investeerde naar eigen . The younger generations dont think so. Contessoto invested over 250,000 in Dogecoin holdings on February 5, and two months later, he later claimed that he became a Dogecoin millionaire. Top Solana NFT Projects to Buy in 2023 (and from, What is Maker? 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. But I still get a lot of hate from people. Net Worth: Relationship: Single Kids: Edit this Information. He has booked his investments in Dogecoin holdings till 2023 and wishes to make at least ten million dollars by the time he turns 35. 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. Their extreme volatility is one reason experts say that crypto is a risky, speculative investment. Contessoto will earn a total of $25,000 for an upcoming partnership between his YouTube channel and blockchain project Acria Network, he tells CNBC Make It. In #Dogecoin. Contessoto, 33, invested in Dogecoin last February, according to the New York Times report. Last month his holdings touched $2 million. Blood in the streets, right?" he told his many online followers in a video. 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. 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). "I'm a long-term holder, you guys know that, know what I'm saying, diamond hands?" By May 2021, Glauber Contessoto assets had grown to 2 . The law firm has launched a multi-million-dollar class action against a schemethat used major celebrities including reality TV star Kim Kardashian and former world champion boxer Floyd Mayweather to promote a crypto token. "Fortune favours the brave," actor Matt Damon opined. Contessoto was intrigued by dogecoin for a few reasons. ", 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. 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