In 2017 one of those particular stories became known, dismissed by many as madness: a man named Didi Taihuttu, originally from the Netherlands, sold everything to buy bitcoins (BTC).
In At that time, the price of BTC was around USD 2000, but Didi’s hope was that, by 2020, he would be a millionaire when BTC was around between 60 thousand and 100 thousand dollars, which did not happen … until a year later. But now, how and where do you keep your fortune?
According to Taihuttu himself, in an interview collected by CNBC on August 11, it all began in 2017 when, together with his family, decided to put everything up for sale and embark on the adventure of traveling the world, at the expense of bitcoin , and waiting for their next rally bullish.
Didi had been working with cryptocurrencies since 2010, as reported by CriptoNoticias in 2017, when this peculiar investor became known. His decision was based on the fact that, in 2013, he sold all the bitcoins he owned to realize in 2017 that BTC had increased 10 times its value.
As can be seen in some of his social networks such as Instagram or YouTube, Didi is now dedicated, in addition to carrying the message of Bitcoin around the world, to giving investment advice, not only about bitcoin, but also on other cryptocurrencies with investment potential at their discretion.
How do you save a fortune in BTC if not do you trust banks?
After getting a fortune in BTC, which is what can be assumed, given that he did not reveal the actual amount he owns, Didi shared that he has his cryptocurrencies sectioned into 2 parts : 26% he keeps it in hot wallets, which he uses for daily or emergency expenses. The other 74% hold it in cold storage wallets ( hardware wallet and paper wallets). The portfolios are distributed in 4 continents and Didi assures that “they are not buried somewhere”. He gives them to friends, relatives or even deposits them in custody services.
The intention of « decentralize» thus his capital is based on that, although it is very easy to deposit in a cold wallet, since only the public address is needed, spending the money deposited in these is “another story.” Being spread all over the world, according to Didi, this allows you to continue traveling and access the funds when you need them.
Trust in hardware wallets
Leaving wallets scattered all over the world does not seem like a very good privacy practice, but that is one of the advantages offered by hardware wallets you use by Didi, like Trezor and Ledger.
The hardware wallets, although they store the private key of the cryptocurrencies, they do not allow access to them if they do not have the access key. Because of this, if someone takes hold of such a portfolio, they will not be able to access the funds.
It has been 3 years since Didi decided to start his adventure by risking everything for bitcoin, and he was right. Although the family did not want to reveal how much capital he has in cryptocurrencies, Didi put his house up for sale for a price of 30 BTC , meaning a change, for 2017, of about 300 thousand US dollars, with the BTC around USD 10,000 at that time.
This means, based on the BTC that Didi obtained only for his house, that his fortune exceeds USD 1,345,000 as can be seen in our Price Calculator. Didi was right, Bitcoin made him a millionaire.
