glauber contessoto net worth
He said that he strongly believed in Dogecoins potential and that it could help him build wealth to pass on to his family. He has 11k followers at the time of writing this report. The majority are under 35, and theyre overwhelmingly male, according to Yermack. On February 5, Glauber stated he put about $180,000 into Dogecoin at a price of roughly $0.045 cents. A rash . His portfolio was worth about $831k as of Tuesday 4.40pm EST. However, he still believes that things will turn out good for the cryptocurrency and refuses to give up his stocks. Analysts reveal potential A.I. Top Solana NFT Projects to Buy in 2023 (and from, What is Maker? Gen Z and millennial investors make up nearly 94% of the crypto market, with older generations sticking with more traditional investments, such as bonds and index funds. Whats really exciting about crypto is that for the first time in history, we can place a financial value on social capital.. Your email address will not be published. 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. In July, Contessoto said he bought more Dogecoins worth $5,300 (roughly Rs 3.94 lakhs). Contessoto believes in dogecoin so much that he now requests to be paid in it whenever he works with crypto brands on social media promotions. She accurately predicted Januarys market correction, but then wrongly foresaw a bull market in May. * 2022 Insider Inc. and finanzen.net GmbH . I also calculated what I would have done in the stock market if I had just kept all my money in Tesla. It's getting sweaty in here; you know what I'm saying?". I feel like when the next cryptocurrency bull run happens, everyone will have a cryptocurrency wallet ready. Some might argue - time will tell. I didn't sell any. We know that Glauber is single at this point. "People are going to start investing in Dogecoin and it's going to take off. So, I followed my heart. 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. Cryptocurrency gained traction with the emergence of Bitcoin 12 years ago, and has since grown to include more than 10,000 types of coins. Other people are telling me to stay strong, others sharing their stories. Still, Contessoto's outlook on dogecoin remains extremely bullish. Know this before dealing, No Aiden People are reacting to a viral TikTok video featuring a toddler, This is awful, Its In My Legs Guys Try Period Pain Simulator, We Loving Kandi And Tiny If I Get Caught Cover. Since then, Contessoto hasrefused to sell, despite dogecoin'sups and downs. In February, when Glauber Contessoto decided to invest his life savings in Dogecoin, his friends had concerns. Dogecoin was invented in 2013 to poke fun at Bitcoin. Tank Davis Net Worth 2023: How Much Does Tank Davis Make? Even now, he dismisses the idea of selling. 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. After it's surge, Dogecoin continued to fluctuate, but Contessoto remained confident in holding for the long term he even bought more Dogecoin during the dips. People are just on the side lines asking: "When do we jump in?". Glauber Contessoto, a music company employee plunged his entire $180,000 savings into Dogecoin in February. Last month his holdings touched $2 million. marenaltman/Instagram, Courtesy of Cooper Turley, 2023 NYP Holdings, Inc. All Rights Reserved, FTXs NishadSingh pleads guilty to fraud, conspiracy charges, Alexis Ohanian used $50M crypto windfall to buy Serena Williams 17-carat engagement ring, SBFssprawling alleged campaign finance scheme detailed in new indictment, Sam Bankman-Fried reportedly caught napping during flight to NYC court hearing, Oh No, Oh No, Oh No No No Song Tiktok Remix Tik tok. The investor used all his savings and credit card debt to invest $250,000 in the cryptocurrency. Yesterday, he announced to the Reddit community that he is now a Crypto millionaire. In his YouTube video, he stated that Elon Musk held nearly a third of all Dogecoins in circulation. "You risk losing nearly all the money you put in," James Ledbetter, editor of fintech newsletter FIN andCNBC contributor,previously toldCNBC Make It. 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. The 33-year-old tells CNBC Make It that he decided to invest in Dogecoin after learning about it on Reddit. Contessoto 202140.72Contessoto18200 ""dogecoin millionaireContessoto16 Contessoto Contessoto"" The value of his holdings climbed to $2 million. But 33-year-old Los Angeles resident Jaysn Prolifiqlegally known as Glauber Contessototold Newsweek he does not regret hanging on to his . 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). 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. If I could go back in time, I probably would have taken out $1 million or $500,000. Sus participaciones subieron de valor y alcanzaron los $2 millones de dlares. Now she believes she's being penalised, Marie is accused of terrible crimes against her own kids. Glass Onion: Whats the Pisceshite Island? His net worth continued escalating as Dogecoin grew, eventually hitting a 300% rise in its value in April. All of those things are now a lot easier to do because of cryptocurrency.". But the big thing was being a part of the Dogecoin community. As the New York Times magazine reports, Glauber Contessoto, 33 years old, made his initial investment in the blockchain technology in February 2020. In April of 2021, when the value of dogecoin reached an all-time high of $0.72, Contessoto claimed that his initial $180,000 dogecoin portfolio had reached a worth of about $2 million. Glauber Contessoto works at a music company in Los Angeles and belongs to a middle class family. According to the complaint, a business called EthereumMax paid celebrities to whip up hype about their "Emax" token. "It has no intrinsic value and it could just as easily come crashing down in price as continue to go up.". They gave me half upfront, and the other half when I deliver the video.". Recently, the dogecoin millionaire said in an interview "I should have sold some." Damn right, mate. By the time he was working, he recalled having to ride a bicycle to work every day when his car broke down. ", See Also: HOW TO BUY NON-FUNGIBLE TOKENS (NFTS), The Dogecoin millionaire said he expects NFTs to "be huge this year" and added "the ones found on VeVe will have an edge over other NFT projects given its official licenses with these exclusive collectibles and digital comic books.". "Woo-wee, a bloodbath, right? Investorscould get burned, and in turn, should only invest what they can afford to lose. Brazilian defender who played a season for Manchester City in the English Premier League. . Glauber Contessoto, que mora nos EUA e f de hip hop, investiu US$ 250 mil na moeda digital em fevereiro. On April 15, Glauber Contessoto, a 33-year-old Los Angeles native, claimed to be a Dogecoin millionaire. ", Despite the dogecoin price today being nowhere near its previous all-time high, the "dogecoin millionaire" still refuses to sell his meme-inspired cryptocurrency. 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. Life in Loa Angeles was not easy for the Dogecoin millionaire. . At the moment, there are ,00 Bitcoin owners . Dogecoin was invented in 2013 to poke fun at Bitcoin. He invested not only his savings, but also the stocks he owned which includes shares of Tesla and Uber. As of around 12:00 p.m. EST on Tuesday, his dogecoin holdings are worth around $931,689. "I call it the language of the millennials, memes. Courtesy of Glauber Contessoto and Rodrigo Ramos. "And he posted a picture of a rocket to the moon, Dogecoin to the moon.". He is known on YouTube as The Dogecoin Millionaire and he is known on Instagram as @ProTheDoge. A Division of NBC Universal. Dogecoin has built a strong community over the years, and its lightheartedness made it the perfect fit for the meme . After hitting a record high on May 8 of around 73 cents, the digital coin fell to around 47 cents on May 9, and Contessoto invested another $17,500, he previously said. OMI Price Action:As of press time, Ecomi is trading at $0.003657 after seeing its price fall by nearly 20% after Russia launched an attack on Ukraine resulting in markets tumbling, traditional and crypto alike. "It took me two months to become a millionaire.". He joined the Columbus Crew in 2013 after spending three years with Rapid Bucuresti. 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. Even if that sounds like Gen Z nonsense to older investors, she said her audience is looking for a change of pace. Now, Glauber Contessoto tells that he intends to go "all in" on another cryptocurrency. He flew to the United States at the age of 6 with his family and resided in Suburban, Maryland. This makes it more volatile than the stock market, which experts say is part of the appeal for up-and-coming investors who dont have to worry about, say, saving for retirement any time soon. However, the crypto market is now in the doldrums and has been so after Bitcoin, "the main cryptocurrency" to which all . Glauber Contessoto, 33, invested over $250,000 in dogecoin in February. 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"But with gambling, there's regulation involved, the casinos can't just take your money and run away with it. "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. All his savings and glauber contessoto net worth card debt to invest $ 250,000 in the cryptocurrency refuses! Cryptocurrency and refuses to give up his stocks of the millennials, memes traction with emergence... His Net worth continued escalating as Dogecoin grew, eventually hitting a 300 % rise in its value in.. Entire crypto market is suffering at the moment, there 's regulation involved, the Dogecoin millionaire glauber contessoto net worth.... Have done in the cryptocurrency and refuses to give up his stocks Contessoto, 33 invested! 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