Recent posts here have mocked outright the guy who took a risk and made a million dollars on dogecoin.
So what if he is down from that million? Could it hurt anyone to congratulate the guy instead of poking fun at his misfortune? I mean he is still up 250k and never sold. I don’t know about you, but that is more money than I have ever made in crypto and the guy has genuine balls to risk 250k early on Dogecoin.
And incase you didn’t notice, the whole damn market is down at the moment not just memecoins.
Yes he took a risk and yes i wouldn’t recommend anyone invest that much money on a memecoin, but it paid off for him and isn’t the whole damn point of investing in crypto to MAKE money?
We should be uniting people in the crypto community not dividing them by making fun at them. I for one am happy for him. If he becomes a future multi millionare doge holder I hope he sets and example by being humble back to those smug people who relentlessly poked fun at his misfortune.
33 thoughts on “Why is everyone mocking the Dogecoin millionare? Shouldn’t we as a community band together instead of mocking other people’s success?”
He got a youtube channel where he shill shitcoin so, i would say the hate he got is justified
I just thought it was kinda funny how there are videos about him treating him as if he’s some sort of visionary.
Like, the guy’s story is pretty much the definition of “bought something right before a massive pump and got lucky” but he’s got these inspirational videos where he starts talking about “yeah so I just dropped everything and started doing all this research about Dogecoin! What is it?! How long’s it been around!” – the kind of thing you’d hear a teenager say after getting into crypto a week ago. Meanwhile on-screen the video is showing this bogus chart where he’s showing a price history chart on mobile and he’s circled a dip and written “new floor” after it’s already recovered haha. I couldn’t help but laugh when I saw it, you can’t make this shit up.
In some of the videos where he’s talking to others who are trying to point out that he could sell his holdings and pretty much retire and be set for life, you can almost see the smug condescension on his face like secretly he thinks he knows better than them. The whole thing was pretty interesting to watch unfold.
Because he ain’t millionaire anymore.
He’s part of the 5% who won the gamble and congrats to him but there is also the 95% who lost the gamble and got burned.
Being a newcomer and investing in memecoins ain’t gonna always go in your favour and lots of newcomers coming in could get burned as a result of trying to mimic his success.
Cause he’s a perfect example of what not to do.
People tried to reason with him but he knew better and had the bright idea to start a youtube channel to promote more useless coins
He did not make a million dollars because he never sold. What he did was the equivalent of finding over $3 million in a bag on the street, but passed over it because he thought there would be a bigger bag in the future.
He can no longer say he is the dogecoin millionaire. That’s why he is mocked. Gambled on a shitcoin, got lucky and should have cashed out and be set for life. Instead he hodled onto a memecoin and is no longer a millionaire.
Hodling is for good projects not memecoins
Yes but he literally was a multi millionaire crypto investor, and decided that he just NEEDED to hold doge and try to make even more from it.
So many people told him to just cash out. Even if he believed in the project, just take the profits and reinvest if it drops in price, if it doesn’t drop then fuck it you’re a millionaire who cares
It’s funny because he is a dumb ass gambling junky…. duh
This dude did exactly what almost everybody in this sub did. I bet almost nobody here sold at the top or even at a decent profit and are now seeing the value of their shitcoins go down the drain. And yes, probably 90% of the portfolio’s are shitcoins. It’s not because your coin doesnt end with ‘inu’ or doesn’t have a dog in its name that it isn’t a shitcoin.
People are not mocking him. But this is classic survival bias.
We are telling people to be CAREFUL because not everyone will have a storybook ending. Most people lost money on investing all in on altcoins / memecoins.
We are a community but we are not a cult like the meme coin subs.
I don’t like meme coins as much as everyone else.
I’m also jealous that he is still in profit.
I’m not mocking him. He made a fortune but didn’t cash out. If I had that kind of money, I would take it and be set for life.
Profit is profit guys!
Have some respect for dogecoin
He got lucky, I get that. But then he tried to bottle that luck and sell it, that’s the bad part.
I think people should respect him for Diamond Handing till 70 cents, even if he held after. I would’ve probably cashed out at 20 cents, or lower
The worst thing about dips is that everyone who knows im invested in crypto keeps asking me every fecken day “So hows crypto? Ive heard its down hard” with wide smile on their faces. I got bored by constantly reminding them that im sitting, staking and enjoying these sweet apys, so just say yes to everything and keep walking
The first rule of pump club is to take out your initial investment. And in his case, pay back his parents for the money he borrowed.
Isn’t hindsight 20-20? Many people regretted, that they sold their Bitcoins at a certain value, just to have it increased exponentially, and regret the fact that they sold. How was Dogecoin any different from this? How could he had known.
If you’ve got the nerve it takes to win big, you’ve actually got the nerve to lose big.
There was a user who posted about talking to a blackjack dealer and they asked them what’s the most someone has ever won at their table.
It ended up being just some average guy in his early 50s. He showed up with $2k and after a few hours, he walked away with +$250k.
He lost it all the next weekend.
The Dogecoin Millionaire rode his holdings up to the peak and wouldn’t sell because he had been told to a million times by people during the whole run up. So he employed the exact same strategy all the way back down (so far).
He’s not doing anything different than he’s ever done. He is a true believer in HODL, regardless of what happens
Although he shills, people tend to not really sympathize until they are in the same situation. Anybody can say what could have been the best decision, but maybe few would have had the guts to take it. Period.
Why? Because internet. When you hodl through all time highs and watch your airfolio slowly become a fraction of what it once was, you got some harsh criticism coming your way. The cost of being “famous” I guess.
It’s not a success story, should’ve cashed out
He deserves some mockery for being delusionally optimistic and greedy and not selling when he got into the millions.
Because he deserves it
How many times do we have to see stupid posts like this? No, we don’t need to support degen gambling on meme garbage. If some idiot wants to gamble his life savings on shitcoins, he’s free to. But I will call him an idiot and laugh at his failures.
Millionaire? Dude he’s not a Dogecoin millionaire anymore.
Honestly, it’s mostly likely jealousy. People get really butthurt when someone succeeds with something that they themselves missed and perceived to be stupid.
Its more fun to get on the train and mock someone then defending. But TBH, this guy still made 250k out of his investment. Probably more then 95% of people in this sub here, including me.
That kinda jealousy is more of flattery. They’re praising him by calling him stupid.
I never mock Dogecoin millionaire because Doge is the reason why I’m in crypto.
I don’t mock but I do roll my eyes when I hear or read comments of people who really believe in a bright future for meme coins