The Dogecoin millionaire, who invested all of his savings in meme cryptocurrency earlier this year, says he is now going “all-in” on Cardano and calling it the “next best bet”. He is optimistic about both cryptocurrencies.
Dogecoin millionaire considers Cardano to be the “next best bet”
Glauber Contessoto, the 33-year-old Dogecoin millionaire, told CNBC in an interview published Thursday that he was planning to go “all-in” with Cardano (ADA).
Contessoto invested all of his savings in the meme cryptocurrency Dogecoin in February. After the price skyrocketed, he became a DOGE millionaire in April.
He stated that he now plans to invest in another cryptocurrency and that his choice is Cardano. Realizing that he has no plans to sell his Dogecoin, he said:
From now on, with every bit of money I make, I’ll buy up as much Cardano as possible.
He tweeted Thursday that the top five cryptocurrencies will be Dogecoin, Ethereum, Bitcoin, Cardano and XRP for the next five years.
He stated that he sees Cardano as the “next best bet” since he didn’t buy Ethereum early.
The Dogecoin millionaire plans to wait for ADA’s price to drop to start buying. He is bullish on both Dogecoin and Cardano. He emphasized that “it’s still early” for ADA and said:
I will be the biggest Cardano supporter. I’m just waiting for a massive dip before buying it.
What do you think of the Dogecoin millionaire going “all in” on Cardano? Let us know in the comment section below.
Photo credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement for any product, service, or company. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.