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Topic: The Bitcoin Family - page 2. (Read 390 times)

full member
Activity: 1834
Merit: 166
March 04, 2022, 01:12:44 AM
#22
A risky decision which turned out to best decision for them as they went all in for bitcoin in 2016 only and now after 6 years they might be thinking they have done the best thing.There is lot of price appreciation in Bitcoin till then and they have managed to gain so much profits.This is risk-reward return means in actual sense.It was best they have decided bitcoin for investment as if any other coin was choice then it might have proved wrong for them.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
March 04, 2022, 12:37:51 AM
#21

Most of the users here could've known about this person Didi Taihuttu, father and husband of the bitcoin family. Didi Taihuttu went all-in on Bitcoin in 2016 when there is not much of attention towards cryptocurrency. He sold his and his family’s possessions, and camped in the Netherlands refugees campaign. In an interview he mentioned


so this is the famous Bitcoin family ? i have been reading this since my first day here in crypto , they even earned more than hundreds of percent from their initial investment(in which all their possessions lol.

things that really risky but at least they have been successfully taken into account.

I have a strong belief in bitcoin, but this decision is too risky as nothing is 100% sure.
Congratulations to the bitcoin family when the whole world doubted the existence of bitcoin, they put their absolute faith in BTC and they fully deserved the achievement today. But today's market is very different from the past, this is not a model that encourages widespread adoption. I hope everyone will invest wisely.
if we will not risk then we will not gain in this Volatile market so best to try (But not 100%) investing small amount then add each time .
hero member
Activity: 3010
Merit: 629
March 03, 2022, 09:46:30 PM
#20
I admire his guts and belief towards Bitcoin because not everyone can do this. He go all in year 2016, at that time Bitcoin is not getting much attention but that changed when 2017 bullrun occur. However we know the ride is not often smooth since bearish market is also inevitable after the bullrun and it takes years to recover. Hence, thinking how they managed to overcome the bloody market is really admirable.

In my case I dont think I can do or follow their steps of selling all my assets and go all in. Although we know the history and potential of Bitcoin, its risky to do such thing. I believe in Bitcoin but I cant go all in.
full member
Activity: 686
Merit: 107
March 03, 2022, 05:32:38 PM
#19
here I see a commitment and belief that is firm and supported by the wisdom of a wife so that it bears sweet fruit so that the happiness that is felt is not from wealth but from the harmony of opinion for bitcoin now and for the future that other families may not be able to do at this time. now because of them
Quote
“I don’t have any cars, motorbikes, nothing. And I’m happier than ever. And she [Taihuttu's wife] agrees! At that moment, we decide to break that chain and lead by example for the kids.”

hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
March 03, 2022, 05:04:07 PM
#18
This guy is a legend and upon knowing his story before the ATH on 2017 and while we're dealing with the bear market on 2018. I've thought on how he's able to surpass that. Well, we've surpassed and overcame it so he did.
Now, he's got a lot of opportunity with him and his family's decision of going all in for bitcoin. It's a worth it experience for them and although risky, they've taken full responsibility for that decision and they did it right.
That is faith. Even if you know you did a very risky decision that will make your family suffer in the future, but you stand on what you believe will happen and now, you are already living a life which is everyone's dream. But in my honest opinion, not everyone could be fortunate like Didi. Even if the faith is there, the passion lives on, but the fact that you are in a very unpredictable investment, investing all in could be a very wrong move. However, if you are in a very promising investment, who knows, risking your time and money could be all worth its huge returns.
Yes, his faith and view for bitcoin on its early days was amazing and incomparable. The family agreed upon it and they're now reaping the risk that they've agreed to take upon. The journey of this family was such lovely to see on how people amazed and raised eyebrows upon knowing it.
Now, they're like a crypto celebrity that's being followed by those who have witnessed their journey.

This guy is a legend and upon knowing his story before the ATH on 2017 and while we're dealing with the bear market on 2018. I've thought on how he's able to surpass that. Well, we've surpassed and overcame it so he did.
Now, he's got a lot of opportunity with him and his family's decision of going all in for bitcoin. It's a worth it experience for them and although risky, they've taken full responsibility for that decision and they did it right.
Is this the family that sold all for btc including their house and starts to live in a cave, right? It was a long time since I first heard their story but they became quite few years later. We surpassed the bear because we don't hold big amounts like the amount of btc they hold and it's not really a big deal for us if we lose but for them, deciding during that time can be crucial.

The saying was true that with great power comes with great responsibility, in which the btc that they hold acted as their power and they need to take a full responsibility with it because their whole life or their future depends on it. I hope what they did can inspire people, only to buy and hodl btc but not by doing the same exact step of selling everything.
Yes, it was them. That's why I'm admiring them, the bear market on 2018 was totally a big hit and discouraging but they've overcome it and the same as us.
They actually did inspired a lot of people but most of us doesn't have the balls to do the same thing that they did. We're good holding and buying bitcoin and accumulate some more.
hero member
Activity: 2730
Merit: 632
March 03, 2022, 04:59:39 PM
#17
This guy is a legend and upon knowing his story before the ATH on 2017 and while we're dealing with the bear market on 2018. I've thought on how he's able to surpass that. Well, we've surpassed and overcame it so he did.
Now, he's got a lot of opportunity with him and his family's decision of going all in for bitcoin. It's a worth it experience for them and although risky, they've taken full responsibility for that decision and they did it right.
Is this the family that sold all for btc including their house and starts to live in a cave, right? It was a long time since I first heard their story but they became quite few years later. We surpassed the bear because we don't hold big amounts like the amount of btc they hold and it's not really a big deal for us if we lose but for them, deciding during that time can be crucial.

The saying was true that with great power comes with great responsibility, in which the btc that they hold acted as their power and they need to take a full responsibility with it because their whole life or their future depends on it. I hope what they did can inspire people, only to buy and hodl btc but not by doing the same exact step of selling everything.
Remembering that lots had made out some criticisms on the decisions that they had made that it was too risky but turns out to be good since bitcoins price had reached out new ATH's which means they had really
made out some significant profits in frankly speaking and this is the main thing that you could really get or benefit from bitcoin if you had believed on it on earlier phase and that was a good call.
Even myself do call them a fool on going all in but it turns out that im the one who do missed out that opportunity.
legendary
Activity: 2436
Merit: 1362
March 03, 2022, 02:50:31 PM
#16
I have been following them on Instagram for a few years, The Bitcoin Family are
fairly legendary around here. Didi is a great ambassador for Bitcoin as his family
are also. They made the decision to go all in and have stayed active in the scene.

They have been travelling the world and educating people about Bitcoin and have
been using it as much as possible.
sr. member
Activity: 1694
Merit: 299
March 03, 2022, 12:55:54 PM
#15
This guy is a legend and upon knowing his story before the ATH on 2017 and while we're dealing with the bear market on 2018. I've thought on how he's able to surpass that. Well, we've surpassed and overcame it so he did.
Now, he's got a lot of opportunity with him and his family's decision of going all in for bitcoin. It's a worth it experience for them and although risky, they've taken full responsibility for that decision and they did it right.
Is this the family that sold all for btc including their house and starts to live in a cave, right? It was a long time since I first heard their story but they became quite few years later. We surpassed the bear because we don't hold big amounts like the amount of btc they hold and it's not really a big deal for us if we lose but for them, deciding during that time can be crucial.

The saying was true that with great power comes with great responsibility, in which the btc that they hold acted as their power and they need to take a full responsibility with it because their whole life or their future depends on it. I hope what they did can inspire people, only to buy and hodl btc but not by doing the same exact step of selling everything.
hero member
Activity: 2814
Merit: 576
March 03, 2022, 09:20:42 AM
#14
This guy is a legend and upon knowing his story before the ATH on 2017 and while we're dealing with the bear market on 2018. I've thought on how he's able to surpass that. Well, we've surpassed and overcame it so he did.
Now, he's got a lot of opportunity with him and his family's decision of going all in for bitcoin. It's a worth it experience for them and although risky, they've taken full responsibility for that decision and they did it right.
That is faith. Even if you know you did a very risky decision that will make your family suffer in the future, but you stand on what you believe will happen and now, you are already living a life which is everyone's dream. But in my honest opinion, not everyone could be fortunate like Didi. Even if the faith is there, the passion lives on, but the fact that you are in a very unpredictable investment, investing all in could be a very wrong move. However, if you are in a very promising investment, who knows, risking your time and money could be all worth its huge returns.
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
March 03, 2022, 05:03:48 AM
#13
I see this not as a family that roams the face of the earth living off past bitcoin daring investments, but rather as a family lead by an entrepreneur, who obviously risked a lot back in the day, but who’s got the wits and skills to build-up on the story, making The Bitcoin Family essentially into a brand name, and leading a bunch of crypto-related activities which likely make-up for large part of his success (meaning that they are not simple nomads living on past investments).

If we take a look at Didi Taihuttu LinkedIn profile we’ll get a better grasp of what I mean (Advisor, KeyNote Speaker, brand ambassador for multiple corporations, book author, real state with a crypto ring to it] etc.):

LinkedIn profile: https://nl.linkedin.com/in/diditaihuttu
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
March 03, 2022, 05:01:27 AM
#12
Most of the users here could've known about this person Didi Taihuttu, father and husband of the bitcoin family. Didi Taihuttu went all-in on Bitcoin in 2016 when there is not much of attention towards cryptocurrency. He sold his and his family’s possessions, and camped in the Netherlands refugees campaign.

Well, this is one of the most famous stories about a man and his family who sold everything they had and invested in Bitcoin, and that is why many declared them insane at the time. However, it turned out that these people had a great vision and were brave to put it into practice, which brought them great income and the opportunity to travel the world and enjoy life.

Unlike that family living their dream, many (including myself) did not believe that Bitcoin would grow in value so much, so today we have a few stories every week regretting how someone missed their chance to be a millionaire. Crying for spilled milk is nothing but a waste of time.

By the way, a lot of threads have been opened on this topic over the years.

The Bitcoin Family
**family survives 40 countries living only on Bitcoins**
Four Years of Living on Bitcoin Alone. Can You Beat That? Is that even possible?
Man sells house. Earns $20,000,000 from Bitcoins
This Man Sold It All For This One Thing and Made Hundreds of Dollars Overnight
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
March 03, 2022, 04:38:09 AM
#11
This guy is a legend and upon knowing his story before the ATH on 2017 and while we're dealing with the bear market on 2018. I've thought on how he's able to surpass that. Well, we've surpassed and overcame it so he did.
Now, he's got a lot of opportunity with him and his family's decision of going all in for bitcoin. It's a worth it experience for them and although risky, they've taken full responsibility for that decision and they did it right.
hero member
Activity: 2940
Merit: 613
Winding down.
March 03, 2022, 02:51:24 AM
#10
It is suitable for a YouTube channel or a story in a magazine or other, but we cannot consider it a model for everyone to invest 100% in Bitcoin.
The couple seems to want to change the traditional lifestyle and start a new life, and Bitcoin may represent a tool for freedom, especially if you are interested in such technology.

Don't forget the 0% tax on cryptocurrencies and that the family has travelled to more than 40 countries which will be good if you have bitcoin
The journey that they took was definitely life changing. But even if i put myself into Didi's shoe, i would not take the risk especially that i am a family man and i have to be responsible in all my decision making. There are a lot of ways on how to accumulate bitcoin and earn wealth in it, but the idea to make a short cut and go all in bitcoin is very impractical. They may be lucky enough and become fortunate in bitcoin, but this kind of story is very rare to happen. Most of those who take the risk have only end up in failure.
legendary
Activity: 2702
Merit: 4002
March 03, 2022, 02:27:37 AM
#9
It is suitable for a YouTube channel or a story in a magazine or other, but we cannot consider it a model for everyone to invest 100% in Bitcoin.
The couple seems to want to change the traditional lifestyle and start a new life, and Bitcoin may represent a tool for freedom, especially if you are interested in such technology.

Don't forget the 0% tax on cryptocurrencies and that the family has travelled to more than 40 countries which will be good if you have bitcoin
legendary
Activity: 1372
Merit: 2017
March 03, 2022, 01:50:41 AM
#8
As an investor, that's wrong decision to go ALL in but he was passionate about bitcoin.

I do not agree with that. What it is is a risky decision but not a worng one. We have to think of diversification as a hedge against risk (and partly against ignorance). What would have been better 20 years ago? Buying google shares alone or buying the same amount of shares spread across gogle and the companies that fell by the wayside?

The problem is getting it right.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
March 02, 2022, 11:38:28 PM
#7
I do not know how they could be sure with bitcoin at that time, while most people are underestimated bitcoin can surpass this stage.
But I salute his family that supports his decision to go all-in in bitcoin because that is not easy to have one word on the family, especially to leave everything they had and only focus on bitcoin.
It is a brave step for a small family like him and it needs big courage to convince all family members, in this matter, his wife and his kids but he deserves that as he now sees that his dreams become a reality.
I am happy to see them now live better using bitcoin and yes, they prove to us that bitcoin really works for them.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
March 02, 2022, 11:01:12 PM
#6
Heavily appreciate the confidence and the skin in the game. But think about how disastrous this would be for the entire family if bitcoin went the other way. This is pretty reckless despite me being really bullish on bitcoin.
member
Activity: 1218
Merit: 49
Binance #Smart World Global Token
March 02, 2022, 11:00:15 PM
#5


I can still remember reading something about this family who made an all-out decision to go for Bitcoin back years ago...and then we know that eventually Bitcoin got into crypto winter stage but they never waivered...such an adamant and solid position in favor of Bitcoin made them the unofficial Bitcoin family. And now that Bitcoin never go back to the $3K level even during chaotic period, am sure they are now getting the attractive fruits of their decision. Of course, we are now recommending what they did but this is one meaning of making the risk.
hero member
Activity: 2268
Merit: 588
You own the pen
March 02, 2022, 10:01:23 PM
#4
I wonder if there will be another person who will gonna do that today when the price is over $40k+, I'm pretty sure that they are not the only one who does that since I remember someone has also sold their house to buy bitcoins and choose to live in the tent waiting for the price to drastically increase, I think it was 2018.

These guys were true after all and they deserve what they've got from their unusual investments.

legendary
Activity: 2576
Merit: 1860
March 02, 2022, 09:54:33 PM
#3
Props to them. I'm happy for them. But I don't recommend such path for other families. That kind of life is not for everybody. For one, it is definitely impossible for the majority of the world's population to live with Bitcoin only.

If one has a lot of money, whether it is in fiat or in Bitcoin, he/she could do the same. But to an ordinary Juan who has to work in order to eat, that's something he/she could only dream of.
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