SlumDOGE Millionaire on How to Invest to Earn Big, Finding Winning Meme Coins, NEIRO, and Turning $180K into $3M in DOGE | Ep. 366

SlumDOGE got his first “big boy salary corporate job” in 2018 in the hip-hop industry. Being able to save up, he googled ‘how to become a millionaire’ and decided that investing was the next step.

SlumDOGE Millionaire, the face of the NEIRO meme coin and the man who became a millionaire thanks to DOGE, has shared his story and tips on how to find the next big meme coin in an interview on the Cryptonews Podcast.

SlumDOGE told host Matt Zahab how he earned millions through meme coins and why he decided not to sell all that DOGE. He also discussed what to keep an eye on to earn money on meme coins ourselves, and which coins could be a good opportunity.

How SlumDOGE Became a Millionaire

SlumDOGE got his first “big boy salary corporate job” in 2018 in the hip-hop industry. Being able to save up, he googled ‘how to become a millionaire’ and decided that investing was the next step.

After researching and discovering Robinhood, his first investment was in Tesla in 2019. It was also his “first big win.” He turned $30,000 into $200,000.

Importantly, he was investing responsibly. He’d make sure all his monthly expenses were covered, investing only the additional money he’d otherwise spend on leisure.

He went on to invest in GameStop and other meme stocks – but he lost money there.

It was January 2021 when SlumDOGE discovered crypto. However, the prices of Bitcoin and Ethereum were daunting, and there was too much to learn before making an investment there.

But the only other coin available on Robinhood at the time was Dogecoin. It was ridiculously cheap, and SlumDOGE turned $40 into $300 overnight.

This led him to further research, aiming not to miss the next big jump. In preparation for it, he sold all of his stocks, including Tesla, Facebook, and Apple.

“I just sell out of everything completely and go all in on Dogecoin,” he added.

He said as much in his YouTube video, stating that he felt he could become a millionaire with DOGE.

Sixty-nine days later, his whopping $180,000 investment turned into $3 million.

“And it’s funny. Looking back at it, I was so naive to a lot of things, learning everything for the first time, I was wrong about a lot of things, but I had this gut feeling that […] the frustration from meme stocks was going to transfer into meme coins, and Dogecoin was going to be the next one up.”

Why He Didn’t Sell

At this point, the trader had officially become a millionaire – and yet, he did not sell. Undoubtedly, many people in his position would.

“I’ve learned about transparency, bro,” SlumDOGE told Matt. “I’ve learned that it could be your greatest asset and your greatest downfall at the same time.”

In the entire rags-to-riches story, he said he didn’t calculate in one major factor: popularity.

He kept people updated about the turbulent journey, and then his post about becoming a millionaire went viral.

Major news agencies began reaching out for an interview. “CNN, CNBC, MSNBC, Business Insider, Newsweek, you name it.”

But he was anonymous and was worried he’d get doxed. Instead, he doxed himself. He revealed his identity in what would become a viral CNN interview that would land the trader on the New York Times cover.

At that point, he had a hundred thousand YouTube subscribers who were waiting to see what he’d do next.

“I’m taking into account all these people that now I’m influencing in a way,” said the trader. “And if I tell [DOGE] is where the money is going to transfer to – how can I tell you I believe in this [and] then turn around and sell everything I have?”

“Morally, I had an issue with that,” he continued. “And obviously, in retrospect, I should have sold. But at the time I felt like I had a moral obligation and a responsibility to not sell everything I had in Dogecoin while I’m sitting here telling people that it’s the future.”

Dogecoin and Neiro: The Same Family

SlumDOGE corrected a misconception: he found NEIRO, not created it.

He discovered it as his next project to get involved in, becoming the face of the novel coin, but had nothing to do with its launch.

At the time he discovered it, three Neiros were engaged in a battle, and Neiro on Ethereum seemed to him like “the clear winner.”

After reaching out to the team and having several conversations, SlumDOGE became

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