‘Bitcoin Family’ opens a bitcoin beach bar in Lagos, Portugal
Didi Taihuttu
The “Bitcoin Family” is down more than $1 million on their bitcoin investment since the world’s most popular digital coin peaked at around $69,000 in Nov. 2021 — but patriarch Didi Taihuttu is as bullish as ever.
“I’m buying bitcoin daily,” Taihuttu told CNBC by phone from a beach in Lagos, Portugal. “For me, the lesson I learned the last two cycles is — when the whole world is freaking out and when everybody is thinking that bitcoin will crash, I am slowly zooming out, and I’m buying bitcoin.”
In 2017, Taihuttu, his wife, and three daughters liquidated all they owned, trading a 2,500-square-foot house and virtually all their earthly possessions for bitcoin and a life on the road. This was back when the price of bitcoin was around $900. Bitcoin is currently trading around $19,200.
Along the way, Taihuttu has exited his bitcoin position and subsequently bought back in, trading his coins at opportune moments....
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