HOW A DOGECOIN MILLIONAIRE LOST IT ALL
INTRODUCTION
if You thought losing $1,000 in the stock market was your biggest mistake then wait and see
Imagine waking up in the middle of the night to your surprise,
Your 180,000 dollars crypto investment has turn You into millionaire. what will you do?
will You sell or hold unto it, since cypto market is extremely volitily
let rewind to the beginning of the Year.
In febraury 5th 2021, A guy name Glauber Contessoto from california state investment $230,000 into Dogecoin when doge coin was at 45 cents.
In which $180,000 came from his life saving Account. He even took this risk to selling his tesla, apple and other stocks to rise $180,000 to buy Dogecoin.
That wasn`t all he took a big risk to use "call option" Meaning borrowing money from his [ broker] which amount to $50,000 from Robinhood to buy 4,000,000 Dogecoin but the problem was that he had already lost $25k from Gamestop pump and dump trend, would you have taken such huge risk for success,
However things did not turn out the way he expect his investment to grow. Within the span of 69 days his intial investment of 230,000 dollars has grow into $1.1M .
At this point, we know he has won the Jackpot.
Within 12 hours of the same day
His $1.1M has Double to $2M. Wow {wait a minute meme}, this is like playing the Black Jack and You keep winning the hand, does that makes you a good investor?
comment down below and if you like this video like the video
i definetively know what you are thinking, sell and cash out big time. However that wasnt his sole aim but his aim was to turn 230,000 dollars into $10M.
Your man was getting greed at this time,
this is where things got crazier.
Anderi Jikh ask him to sell the coin but a Rich man doesn`t take an advice from a Poor man, i guess you have tried giving advice to your rich Friend before and you know what happened
The brand New Millionaire in town refuse to take the advice, But Nooo
why would he take an advice when he is betting hope on Elon Musk. And secondly he didn`t want to pay huge tax on this investment, he decided to hold on till a year to reduce his tax bracket. Everybody dont like the word tax,
He had a strong conviction about the internet community behind the dogecoin,
The problem was that he had forgotten that this internet guys were pumping the coin for their own good, this was like a revolution to them, it as viewed as an opportunity take their revenge by stealing from the rich who had sold several billions of dollars from them.
why would it be his fault if you have Elon Musk with his usual twitter jokes and memes keeps saying `dogecoin to the moon` [ meme of the dogecoin going to the moon]. Your man has forgoten he is YOLOing his life savings into a crypto memes.
The two million dollars wasnt all, the account had grown into its all time high of $3M but his dogecoin wast 4,000,000 coins anymore.
The boss Robinhood had come for their loan which at that time he paid $70,000 instand of the $50,000 for the initail investment.
Now the mistake of the millionare had kickoff, the CNBC and other publication outlet were intrigue by his story, immediately most of them started interviewing him and other top youtubers also had hop unto the trend to cover the story.
Which gave him the chance for Andrei Jikh to introduce him to Graphan stephan, Your man has meet his saviour Graham stephan gave him an advice to sell [ video] due to his strong believe and conviction on the coin he held on to his dogecoin baby,
that wasn`t all,
Graham staphan even went a step further to call MEET KEVIN to convince him to sell his dogecoin which he explain the consequences of he holding unto it, [a video}.
Only for us to realise in fives months the same account has crash to $530,000 today. sorry bro dont worry it will come back diamond hands baby.
credit
[ Ссылка ]
[ Ссылка ]
[ Ссылка ]
#Dogecoin #dogecoin #dogecoinmillionaire #bitcoin #crypto #cryptocurrency #doggcoin #shibainu #dogcoin #grahamstephan #gemini #millennialmillionaire #millennialmoney #coinbase #Howobuydogecoin #charlesschwab #webull #andreijikh #beststocktrading app #dividend #dividendstocks #investing #investingforbeginners #passiveincome
