A family stakes everything they own into Bitcoin. They were some beggars who have now become very rich.
This story began in 2017 when Didi Taihuttu, his wife and three children liquidated a number of their assets, such as businesses, houses, and shoes. The Dutch family exchanged everything for cryptocurrency and started living on the streets, quoted by CNBC International, Friday (3/12/2020).
The Taihuttu family did not explain how much Bitcoin it owned. But they bought up Bitcoin when it cost US $ 900 per coin. Currently the Bitcoin price is up to US $ 19,000. This means that the investment has increased 2,000% more than the initial investment. Awesome!
During his travels, the Taihuttu family’s investments were not always smooth. For example, if the Bitcoin price fell in 2018, they added more portfolio to their investment.
Didi said that he always believed cryptocurrencies were ready for a big rebound.
“I think a big cycle, we will see a peak of at least US $ 100 thousand (Rp1.4 billion). I would not be surprised if it touched US $ 200 thousand (Rp2.8 billion) in 2022,” he said.
But good fortune also goes to Bitcoin investors, including that family. Earlier this week, the price hit a high of US $ 20 thousand.
Bitcoin Price Prediction Could Be Higher
According to some analysts, this price still has room for even higher. One of them is the CEO of investment company Galaxy Digital, Mike Novogratz, who stated that Bitcoin could rise to US $ 60 thousand or Rp.849 million next year.
Meanwhile, Global Head of CitiFXTechnicals, Tom Fitzpatrick predicts that in December 2021 the price of Bitcoin can reach US $ 318 thousand.
For nearly four years, investment has remained the main focus of the Taihuttu family. They still do not have bank accounts, homes and personal assets.
All savings are still in cryptocurrency. In addition, they also spend their time traveling the world, spreading knowledge about the decentralization of digital money.
The family also did not forget to do charity, that is, they had donated half of their income.
Read now: Cashless Society: This Family Travels to 40 Countries Using Bitcoin
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