Wednesday, 25 October 2017

The Story of Didi Taihuttu - One Man’s Complete Belief in Cryptocurrency


 Sure, cryptocurrency is on the rise and there are many out there licking their lips at the prospect of seeing it bloom into widespread adoption. Hey, it’s what Money Trade Coin is preparing you, the reader, for!

But there are some who are willing to put their money where their mouth is and make some serious decisions about digital currency. Take Didi Taihuttu, for instance.

Imagine selling all of your belongings - your house, your possessions, your car, and your children’s toys - with the belief that a worldwide switch to digital currency is right around the corner. That’s precisely what did Taihuttu did. A 39 year old Dutch IT specialist, Didi has some expertise in the matter already. His story is an interesting one.

While on a holiday trip in Australia and Asia, Didi, his wife and their three children learned from friends about cryptocurrency trading and the rapid effects it’s having on governments and industries. Way back in 2013, he ran his own Bitcoin mining business which mined coins with only a set of computers and graphics cards. And this was before Bitcoin’s value skyrocketed to what it is today! Back then, it was $266 for a BTC. Today, it is $5670.

He sold his bitcoin collection when it was worth just a few hundred euros. After a few stints with lesser-known cryptocurrencies, like Dogecoin, he found himself in a bad position, with his overall portfolio only worth a few hundred euros. Things turned around when his friends told him to check the value of his forgotten Dogecoins, which he had put off of his mind for some time. Sure enough, the value had jumped to 20 times its previous figure. That was the nudge that Didi needed. That was the sign he needed to see that cryptocurrency was only going one way - up.

He regrets not seeing the possibilities of profit in his early fling with bitcoin and refuses to make the same mistake again. This time, he means business.

He has a lot to say on the matter. He says that most people think him crazy for taking such a drastic step. But who in the 80s predicted that the internet would be what it is today? He says that if he knew that cryptocurrency value and use would increase exponentially over just a few years, then he’d have never had second thoughts in the first place.  In his own words, “That Dogecoin made me realize again: There is something going on in the world.

There’s one undeniable quality about Bitcoins and cryptocurrency in general. Once you get a whiff of it, it gives you the sense that it is going to stick around and make a big impact. One thing we can all learned from his strong opinion on the matter, which is that early investment, patience and perseverance are necessary to see big gains. It’s just the same as traditional investment - you’ve just got to overcome the fear of the fact that it is a new system.






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