Ever since Bitcoin made its way into the financial market, many people have shown unwavering belief in its potential and what it stands for. While most of its earlier proponents and investors are millionaires now, the ones that missed the opportunity are currently counting their losses.
Showing their unwavering support for Bitcoin, a family that has been investing in Bitcoin since 2017 has told reporters and journalists that they are still buying the digital assets. The Taihuttus burst into the limelight and made several news pages after they announced that they sold all their assets to purchase Bitcoin in 2017.
The family sold off all their possessions to buy Bitcoin in 2017
Three years down the line, the family has said that they are still active in buying Bitcoin. According to the recent statement by the family, they are now looking for dips and buy the leading digital assets during those periods. Furthermore, they noted that anytime there is a buying opportunity, they always make sure that they buy in massive quantities to maximize their returns.
Even though most of the crypto community has voiced out their support for Bitcoin hodling over a long period, not many of them have led by example the way the Taihuttus family has been doing for the past three years. Leading by example, the family that hails from the Netherlands were said to have sold off everything they had to buy Bitcoin then and has been doing so three years down the line.
According to the father of the house, Didi Taihttu, the family sold everything they had, including a business that was supposed to fetch them massive amounts of money and a 2,500 square foot lake house that belonged to them. In his statement, Didi Taihuttu said that their main reason for selling their assets and getting into Bitcoin was to reap massive profits that would turn their lives around from the digital asset.
Taihuttu holds a positive view of Bitcoin
Over the last three years, Bitcoin has had to enjoy some topsy turvy performance but going by its price across those years, and the digital asset has seen a massive price increase. The Taihuttus has been traveling the world and living a nomadic lifestyle, which has seen them visit nothing less than 40 countries across all continents in the world.
This backs up their claim of not having so much possession in terms of properties and other valuables. While many might see this as a very drastic move for the family, the father had noted that he does not have any issue hodling the digital asset because he bought most of the bitcoin in his possession in 2017 when the leading digital assets were trading around the $900 region.
Even though Bitcoin had seen some degree of volatility across the years, especially when it dropped by $3,000 towards the end of 2017, Taihuttu mentioned that he is still investing. With Taihuttu now well versed in crypto trading, he notes that he foresees a bullish run for Bitcoin in the crypto market. Also, he sees a supply crisis in the offing due to PayPal’s entrance into the crypto space.
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