Sold House for Bitcoin in 2017, Now He Can Buy the Whole Neighborhood

This week, as the price of bitcoin surged to a record high of $108,364, Didi Taihuttu, the famous Dutchman who sold his house and almost all his assets to buy bitcoin (BTC) in 2017, shared a post on social media to reflect on this decision. From $300,000 to $10 million: How a family's "risky" decision changed everything The world first became aware of Taihuttu's bold move in October 2017, when Bitcoin.com News reported on his story. At that time, Taihuttu admitted that many people called him 'crazy', but he quickly defended his choice. 'We are an adventurous family and we will take a gamble to live a minimalist life. If you never take risks, life will be very boring,' Taihuttu explained at the time. On December 17, 2024, Taihuttu jumped onto X to share his wild story, reflecting on the bold move he made years ago and how it has paid off handsomely. "We sold our $300,000 house in 2017 for 100 bitcoins," he said. "We could buy back that house today for $400,000 with 4 bitcoins." If we keep 300,000 dollars in the bank account since 2017, we will not be able to buy back the house. That is the difference of BTC . With the price of bitcoin at 100,000 dollars, 100 BTC today is valued at up to 10 million dollars. To give you an idea, if Taihuttu kept every satoshi, he could buy 25 houses priced at 400,000 dollars each. However, the journey of holding the entire Taihuttu family's assets in cryptocurrency has not been smooth. After surpassing the 60,000 dollar mark in 2021, BTC then dropped to 17,000 dollars after the collapse of FTX at the end of 2022. During that chaotic period, Taihuttu revealed his plan to transfer $1 million worth of cryptocurrencies to decentralized exchanges (dex). A year before FTX collapsed in 2022, he told the press that he was allocating his family's cryptocurrency holdings across multiple countries using cold storage. Taihuttu's story is a testament to the power of belief and the ability to adapt to financial instability. His willingness to take risks and pivot during challenging times highlights a long-term vision rather than short-term failures. Please provide the text to be translated. For Taihuttu and his family, bitcoin is not just an investment; it has become a way of life formed from a belief in the future of decentralized assets. As bitcoin continues to make headlines, Taihuttu's journey serves as a unique case study in making bold decisions and financial vision. DYOR! #Write2Win #Write&Earn $BTC {spot}(BTCUSDT)

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Coinanalysisvip
· 2024-12-22 20:08
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