Remember the Dogecoin millionaire?
The man who maxed out all his credit cards and everything he had to buy dogecoin.
At one point his bet was worth up to $3m, now it's worth $50,000.
His tweet: https://twitter.com/ProTheDoge/status/1694171880855593378
Glauber Contessoto, aka Prothedoge or the dogecoin millionaire is a prime example of why taking profits is important.
He went all in on February 2021, and it only took him 69 days to become a millionaire.
His early purchase of $40 of Doge at a price of $0.01 grew to $300 pretty quick, and he got hooked.
"I'm like I don't know what the hell this is, but the next time this jump happens, I'll be all the way in."
From there he spent 24/7 on doge trying to find bottoms.
On February 5th, doge dropped back to 4 cents and he sold everything he had to get in. $250,000.
At the peak of the bull run it was worth $3 million, he recently tweeted now it's worth $50,000.
Moral of the story, never marry a coin. No one went broke taking profits.