In 2017, a legend emerged in the cryptocurrency circle. It was that a man named Didi Taihuttu from the Netherlands, along with his wife and three children, liquidated all his family property and exchanged it all for Bitcoin.
Spending all their money to buy Bitcoin, the crazy Bitcoin family
They sold their profitable company, a large house of more than 200 square meters, cars, clothes, and even their children's toys, leaving only a few "survival supplies" for the family according to the minimum needs, and then exchanged all their properties for Bitcoin. Didi Taihuttu's family was called the "Bitcoin Family" by the media at the time.
He then took his family on a global "backpacking tour". In three years, they traveled to 40 countries and regions, and continued to preach their support and belief in Bitcoin during the trip.
At that time, Didi Taihuttu's family was ridiculed as crazy and mentally ill. After a long bear market, Didi Taihuttu's family's choice was even more absurd and incomprehensible to people at that time. However, recently, the situation has changed. Bitcoin has continued to rise, breaking new highs, and even approaching the $20,000 level. Didi Taihuttu's family has used facts to confirm their three-year "belief".
Three years ago, when he was the focus of the world's attention for investing all his money in Bitcoin, he said: "This experiment will continue until 2020. I believe that in these three years, our assets will at least triple."
Didi Taihuttu did it.
Bitcoin did it.
This family's story is more like a common comfort for people who are struggling to persevere in the bear market.
The cost was as low as $900. He bought when the price plummeted, but he did not sell when the price of Bitcoin rose.
In an interview with CNBC, Didi, who is already 42 years old
“We got involved in Bitcoin because we wanted to change our lives,” Taihuttu said.
When the price of bitcoin plummeted in 2018, Taihuttu sucked more bitcoin into his portfolio. He said he remains convinced that the cryptocurrency is ready for a big rally. “I think in this bull cycle we’ll see a minimum peak of $100,000. I wouldn’t be surprised if it hits $200,000 by 2022.”
In early 2017, Taihuttu bought most of the bitcoins he currently holds for $900. Not long after, the bull market hit in mid-December 2017, and bitcoin once soared to $20,000. But Taihuttu did not give up his belief in bitcoin, and he continued to buy bitcoin at high points. However, after only a month, the price of bitcoin fell by half, followed by the huge bear market in 2018. People in the cryptocurrency circle today still remember the horror of being dominated by the bear market, and the Taihuttu family, who bet all their belongings on the bet, had a hard time.
But the Taihuttu family is indeed a staunch evangelist of Bitcoin investment. In an interview, he said: "When Bitcoin fell, we started buying more."