The 3 youngest Dogecoin Millionaires With Crazy Lives
Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer,
who decided to create a payment system as a joke, making fun of the wild speculation
in cryptocurrencies at the time. But in that fun, they created such successful cryptocurrency
that has turned people into millionaires luckily. Dogecoin is one of the older coins in the
market but it was not as famous as Bitcoin or ethereum until it's a recent success. There
are many people who have been holding dogecoin for a really long time and these are really
smart investors out there. Some of these people are certainly millionaires by now and some
of them are quite young for the success they have achieved.
In today's video, we will be taking a look at the top Dogecoin millionaires.
Without further ado let's begin with the video.
On number 1 we have our successful Dogecoin enthusiast. Well, he is known by many names
one of them is The Dogecoin millionaire. He posted a screenshot of his millionaire portfolio
on Reddit which went viral quickly gaining over 70000 upvotes. He has a YouTube channel
as well by the name of "The Dogecoin millionaire". The first video he posted there was on February
5th, 2021. There he explained his investment strategy of purchasing over 5 million Dogecoin
to the world. He did not sell them for an entire year. He bought those 5 million dogecoins
at four cents per coin which means his initial investment was around $2000. He emptied his
banks and sold all his stocks to buy Dogecoin. He was serious about it. A popular finance
YouTuber Andre Geek took an interview with the Dogecoin millionaires. Andre went to his
house to see how the new age Dogecoin millionaires really live. He lives in a humble apartment
which is completely packed with really interesting things. He has a bicycle strapped to the walls,
hidden pokemon collectibles and even Funko pops above his doors. He showed Andre that
every piece of furniture in his house is handmade by him and some of it he found on the side
of the road. He even found his mattress on the side of a road his expenses are the bare
minimum and he lives this way to maximize how much money he saves from his job. He put
everything he had into supporting his doge dream and yet he changed his life forever
with this decision and nothing else. You just have to respect the raw courage it takes to
put your entire life savings in the hands of Dogecoin. A coin like Bitcoin and Ethereum
has all the advantages of taking them seriously but none of them have a mass-market appeal-like
Dogecoin this is exactly why these Dogecoin millionaires made this crazy investment.
He says he will not touch his investments until it's worth $10 million. That shows how
much he believes in the power of Dogecoin.
Number 2 Living with Luci Meet Luci, a cryptocurrency and stock YouTuber.
She has been documenting her journey of investments on her YouTube. Back then her content was
mainly about nutrition and fitness but this changed quickly when she found a golden opportunity
to invest in Dogecoin. On the 3rd of February 2021, she posted a
video showing her investment portfolio. And can you believe she had 2 million Dogecoin!
That is totally crazy! She bought them for an average of $0.024 each! And that's not
it, she also has 700,000 coins in her cold wallet which brings her total stock of 2.7
million Dogecoin. If you do not know about a cold wallet it is a cryptocurrency wallet
that is not connected to the internet. Unlike other online wallets, a cold wallet can not
be hacked. Access to a wallet simply does not exist on the internet. Also called a "hardware
wallet" and "offline wallet," the cold wallet stores the user's address and private key
and works in conjunction with compatible software in the computer. With cold storage, the digital
wallet is stored on a platform that is not connected to the internet, thereby protecting
the wallet from unauthorized access, cyber hacks, and other vulnerabilities to which
a system that is connected to the internet is susceptible.
These are usually considered when investors want to hold their coins for a long period
of time. This way they can save their coins safely and never have to worry about anything.
There are many records of entire exchanges being hacked resulting in a real loss of people.
Investors had to face the loss of millions of dollars. If we use the average price per
coin that she showed in her video the initial investment was around $65000. It is not a
small investment by any means but surely one of the best investments she ever made. Would
you invest your money in something like that? Do let us know in the comments down below.
In April 2021 Living with Luci posted a video telling people that she is now a millionaire
Thanks to Dogecoin! Her stash of 2.7 million Dogecoin was now valued at $1.2 million.
Number 3 The Jewish Lad
Finally, we have the infamous Dogecoin millionaire. There are so many social media users who are
posting insane profits and some of them have even become millionaires. One Reddit user
name The Jewish Lad posted a picture of his Dogecoin stash just 2 months ago he had an
incredible 23 million Dogecoin which he bought for $0.002 each. He bought it at a much cheaper
price than the other two investors bought it. These are some of the rare events when
someone is incredibly lucky. He bought this investment in January 2020. He waited for
one full year before everything exploded upwards. His initial investment was just $45000 and
if he sold this today it would be $8.7 million. He actually sold his investments on seven
cents for a coin that would have been worth over $1.6 million. And let us tell you that
he is only 19 years old. He most likely worth over $2 million by now which is an incredible
success for such a young age.
With that said it brings us to the end of today's video. Don't forget to subscribe to
the channel for more amazing content! We will catch you in our next one.