Didi Taihuttu and his family in the Netherlands have sold nearly all of their possessions including their businesses, properties, and assets to invest in Bitcoin.
For decades, Taihuttu has dedicated the majority of his career in Information Technology (IT) development, providing solutions and applications for enterprises and corporations. Up until last week, Taihuttu operated a company of 16 employees, which he recently sold to invest his life savings in Bitcoin.
The property saga….
Earlier this month, Bitcoin and security expert Andreas Antonopoulos, one of the most highly regarded analysts in the cryptocurrency sector, revealed that most of this small savings have also been invested in Bitcoin. But, Antonopoulos cautioned investors to only invest a portion of their wealth which is equivalent to the percentage of their understanding of Bitcoin.
He emphasized that he has invested his savings in Bitcoin because he has dedicated most of his career and intellectual capacity in studying and offering services around Bitcoin. For many years, Antonopoulos has served Blockchain, the second largest Bitcoin wallet platform in the global market as an executive, and has provided presentations, lectures, and talks in regards to Bitcoin and the cryptocurrency market at various conferences, events, and meetups.
Hence, Antonopoulos emphasized that it is reasonable for him to invest most of his savings in Bitcoin, as he has invested a larger part of his life into Bitcoin and cryptocurrencies.
As an IT expert, Taihuttulikely has a solid fundamental understanding of Bitcoin and the structure of cryptocurrencies. But, his investment method should not be recommended to everyone in the market, as Antonopoulos emphasized. Investors should only invest an amount that is proportional to their knowledge, understanding and expertise in Bitcoin, and create a balanced portfolio using such indicator as the basis.
In the upcoming months, Taihuttu and his family intend to invest all of the money they obtain from the sale of their properties, including their current house.