Bitcoin Forum

A very positive article on how you can change your life. It's a good thing they didn't buy Bitcoin for $ 20,000 ;D

The Bitcoin Family: Still on the Road—After Three Years!
https://decrypt.co/43215/the-bitcoin-family-still-on-the-road-after-three-years

"Taihuttu trades every day. He’s not devoted to Bitcoin alone, but it still makes up around 65% of his holdings. He also consistently holds Ethereum and Litecoin, and recently invested in DOT, the cryptocurrency of the Polkadot blockchain. Others include COTI, CTSI, EGLD, BEAM, LEND, COV, and KAI. "

This has been a very well-known story for several years now, and I still remember that many reacted very skeptically when this news appeared in the media. Although everyone's desire for life decisions should be respected, it also seemed a bit risky to me personally that the family sold literally everything they had and bought BTC. However, the risk paid off because the family traveled to as many as 40 countries around the world, and since they invested in BTC at a price between $4000- $6000, even at today's prices, they made about 100% profit.

In this case, we can definitely say that Bitcoin has really changed someone's life - but what I don't like is the mention of all those altcoins that I personally have never heard of, and we all know how such projects end.

Here are some comments from 3 years ago -> https://bitcointalk.org/index.php?topic=2270002.0

I have seen a documentary about them long ago. I think it was shown in a television channel so the family was successfully got the attention of the crypto space. When I saw the documentary for the first time, it seemed to me a very risky decision but deep down I know the risk will pay off. Glad to see that they are still thriving.

I just did not know that they have invested in other crytocurrencies as well besides bitcoin.

It's nice to have bitcoin as family, Bitcoin is been popular since the year 2015, many people in society has tasted the transaction Bitcoin does and it's okay to them and they have to adopt it as a source of living.

From my view a family that accepts Bitcoin and turn it into a family business has made a proper research of crypto currency especially Bitcoin as one of the business that can brings finance as Fiat brings into family.

Actually the family, they has studies the advantages and disadvantages of bitcoin before adventuring into it without minding the lost involved.

I use these as illustration, many people in Bitcointalk community come from different countries but keep on discussing cryptocurrency especially Bitcoin in order to know the benefits of it which many people has scale through because of bitcoin, right now we discussed about Bitcoin in forum as a family.
Today Bitcoin has brought changes in human life.

Unfortunately though, this is only one of the pretty short list of successful stories of daily trading and making sacrifices for a potentially successful future. Most stories end quite bad as not all of us take the best decisions..

But of course, props to the family for having the guts to sell everything and get into BTC. I would personally not be able to do this, as it could've gone wrong very easily. Wouldn't want to turn a hope for millions into an unfortunate situation of homelessness and poverty - especially when my family is at stake.

No one will go in such a way taking big risk from the comfort living zone. The prediction and the reality of the present market differs, however his reach for bitcoin and other cryptocurrencies never fades away. In his journey for Bitcoin on the roads have made him visible to the world. Moreover he has succeeded in life making his own brand, "The Bitcoin Family". Surely the increasing adoption level of cryptocurrency will help him benefit through his brand.

i learned bitcoin in 2018 until now ,i experienced struggle,losing hope, self unconditional ,stressed depression and anxiuos but i did not giving up and i continuing bitcoin until i overcome negative thoughts and still focus on what am doing to earn and hopefully until now i used bitcoin and this is my bitcoin family and work  

Having 5 people traveling around the world isn't cheap at all, they don't survive only from his holding, they used to promote bitcoin to each place the go, and with some meetings, they get extra revenue. They go sharing their knowledge about cryptos and that is a heroic labor.

The sad part is they cant come to Latin America, that will be like putting their lives in risk, here if people know you are holding a nice amount of money then you become a target, so, better for them to stay away from countries like Mexico, Colombia, Venezuela, etc.

Clearly the multimillionaire thing did not work out, but since they had quite a lot of money and doubled it (not to mention the stuff they get due to their promotion work and lifestyle), it worked out for them. I do not approve of their initial decision to sell everything for BTC, though, given that they have three children (they're responsible for the well-being of the kids and it was too risky in this respect). I'm also not sure if the kids are fine with travelling for three years straight. How are they getting their education? Are they socializing with their peers? Can they even have friends and build relationships living like this? So even this story is not necessarily a success story to me. If they were just two adults, I'd be totally fine with that, but they have kids, and it should be taken into account.

Selling it all to invest in the crypto market was a risky decision, fortunately they didn't buy bitcoin for $ 20,000.
If I were to be in their shoes, I wouldn't be taking that risk. Just one wrong decision, they won't have a chance to fix it.

Ive seen this one too which I can say that this is really a very risky move for a family to consider out on going all in with bitcoin by converting all of their possession or belongings on it but well it did really paid of and I do consider it lucky even though we know that Bitcoin does have the potential but everything isn't really assured yet to happen.

For them to consider other coins as well then they might have considerations when they do look that they can also potentially earn if  they do decide with alts too which is indeed possible
but only applicable into few projects.

For sure they are still on their journey now and cherishing all of the profits that they had made.

Skeptical at first indeed coz the risk they took was very unusual. Imagine investing everything for bitcoin just because you think it will boom someday and it did! now they are the very historic Family related to bitcoin and other cryptocurrency. Amazing story to tell everyone.

Not just 100% profit, it's way way more! Millions!

Yup, also a disclaimer, it does not mean that it worked to them and things will work the same to you. Not encouraging anyone to risk it all to bitcoin, the time they risked everything was the perfect time.

Well he knows the risk and he take it together with his family. That's why people is very different as far as their risk aversion, there is no difference but us gamblers, traders and investors. But you can't say that he did make a wrong decision. Just look at the past history of this community, you can see pages of regrets specially those early bag holders because they didn't know the future of bitcoin. What if the price goes to $20k or even higher in the next coming years?

I remember this guy, way back a few years ago. This guy featured on a video of a news company. I saw it on youtube before as I remember.
A lot of people think that this guy already broke after the dump last year and this year when we fall below $5,000.
This guy is a literally a risk taker, I'm very glad he really devoted to it and the family also supporting him. I hope he will not get rekt for holding some random altcoins.

No one can be sure of the future of bitcoin, chances are it will go to the moon or it will become a pile of trash.
If he only invested a portion of his family money in bitcoin then that is absolutely correct, but investing all in bitcoin is too risky.

Congrats for their courage, but it isn't Bitcoin alone that sustained their lifestyle isn't it? They have a whole marketing suite set up - blog, youtube channel, social media - and digital products to sell.
We should thank them for doing their part and spreading the word about Bitcoin.  8)

It seems their beliefs are too great. A family meeting went on for many days and it was decided to go all out for Bitcoin. They went all out early and reaped results, but what about their children. They are more mature and come of school age. Their parents need to work and raise them as normal families rather than roaming the streets.

It's good to know that they created their own brand, the bitcoin family. I like their logo.
they are the real bitcoin adaptor. they live all-in with bitcoin.
they hodl AND spend bitcoin regularly, they show us what we should do with bitcoin. not just hodl only.

Is this the family that sells everything and live on a cave ? The news was old so I forget thier faces but I think they aren't known as a bitcoin family . I also check the article and never see a write up that they have lived on the cave . The family on the news that ive read could be different but both families are incredible because they trusted bitcoin for thier future . I have searched the first family that I mention  before but I havent see any updates from them , I hope they are still okay and still hodling

Knowing that his investments were doing good means that anyone who have also invested at the time he has invested is also doing good today. He got the balls to do it and this story has made a noise but after witnessing the success of the decision he/they made, a lot of opportunities came in to him. This isn't just the opportunity that he took profit from investing earlier and going fully crypto but his affiliation has increased and gave him reputation that he deserves. IIRC, there were projects that hired him as advisor or consultant.

Not that i wanted to bash them. But I don't like how they sell off all their properties just to buy bitcoin. As we know, volatility is always there and to know that they are only relying on his bitcoin alone without other source of income.

Why not use some profit from it to build a home and a business for passive income aside from bitcoin only? Travelling around the world is so tiring, even if he is successful and surviving, we cant really say what will be future  for both bitcoin and for  their family.

This is just too risky.

I would create a business around crypto, instead of investing it.
It would be safer to get monthly dividend from it on binance.

Hoping to buy and hodl is not a good strategy right now, that dump from 9200 to 3500 around Apr can happen again.

People have to realised crypto is just like forex!

also for me bitcoin is my family weather to being success or to be failed and it will teach me to learned and to be part of it, will it teach me to how to invest ,to trade, and to be positive thinking

Didi Taihuttu's story really inspired me, because rarely did people dare to do what Didi Taihuttu had done. Everyone is free to do
whatever they think is right as long as they don't violate the law, and what the Taihuttu family has done is truly extraordinary.
Taihuttu family is indeed a believer cryptocurrency, because it's not just investing in Bitcoin, but investing in several altcoins.
Indeed for some people the actions of the Taihuttu family are considered very risky by risking everything for cryptocurrency.
Hopefully the Bitcoin family will end well, because I am always happy to see people who are successful because of investing in crypto.

The merit (no pun intended) is not only in being bold to do that he (/they) did, but to manage to capitalize around the event, to the point that he’s got a who’s set of business lines associated to the Bitcoin Family brand.

Of course, the above is not just down to boldness or luck, but to the knowledge that Didi Taihuttu had on cryptocurrencies. Apparently, he started mining BTC in 2010 (probably sold most early) and has a strong technological background, which probably goes a long way, and is a personal fundamental asset to his achievement.

Its so nice to have a bitcoin and use it with your family, I want it that too but I don't know if my kids use it too. But I teach them what is bitcoin and its purpose. And then let see if they hold it.
I think I watch this documentary with my kids, right?
I search it.

they dont use bitcoin but they hold it . if they only wana use btc then they should only bought small portions  but if you want is to buy and use btc with your fam then go on and id say that its more better than just plain holding it because theres only few people that use thier btc actively . 

you can teach your fam about btc and its also a good idea if you share this story with them for them to get inspired . goodluck buddy

It was a great surprise to me that bitcoin is a such a great family where people can impact how to make a right choice in the areas of investment. Sometimes holding some coins long for market to change hand, can also make someone to loose some profit for such long coin holding.
Bitcoin family is a good family where rules and regulations are abide in the forum. I love this family because all my coins I have been holding over a year now, just put a smile on my face with a good profit I just received now.

What a very inspirational family despite of them buying BTC on mid-ranged price. Putting their entire trust to Bitcoin when they sold everything must felt living in hell for BTC price going up and down. I cant imagine that to my family putting everything into Bitcoin. They must be really bless to be able to travel, trade and enjoy despite the pandemic on-going right now. They also put a good image on Bitcoin as they share this around the world. I wonder if he used referral links to whomever Mr. Taihuttu invites. He must have not only earned from trading but from referrals if he did. Imagine if he manage to referrer a trader before and have not started with crypto-trading yet. His referral rewards should already cover their daily needs.

I agree with you, if they want to invest in Bitcoin they shouldn't sell all their property to buy Bitcoin, because I think this is a very big risk to do, moreover they only rely on Bitcoin as their main source of income, I think this is an idea which is very crazy and doesn't inspire everyone.
Yes, they also have to think about setting up another business because that way they can go around the world and buy other necessities, without having to use the Bitcoin they invested because if they only rely on Bitcoin as the main source, then their investment with Bitcoin will be completely exhausted.

What if they sold all their properties for bitcoin at $20,000 the all time high in 2017, do you think we would have read or heard of this bitcoin family? No body talked about this.
Can they patiently wait for 3 years (I.e 2020) for market recovery? How can they survive if it happened to be so because nothing is left to sustain them, just an instance though.
 
I will never advice any body neither family nor individual to take this kind of risk,  because we don't know what the future holds for us, we only accepting the fact that bitcoin had gained a high stability in volume and volatility so selling it won't take us second in doing, but that shouldn't let us become fool to the extent of selling properties for bitcoin, congratulations to them because they are such a  lucky family.

I have read it before and honestly I would have done the same thing if I also have something like that good thing that his family supports his idea.
Not everyone is blessed to have such family there are others who would disagree to such idea and convince you to continue on what you are doing (working) without even knowing how much you really want to have freedom and earn on your own.

Some time having relationship with other cryptocurrencies does not mean you are not part of Bitcoin family, it is good to try others to know bitcoin is a profitable family. I guess to be more devoted to bitcoin is more important than Ethereum and litecoin which they can delay your profit and energy in the areas of investment.

If you read a post from DdmrDdmr (https://bitcointalk.org/index.php?topic=5278948.msg55294157#msg55294157) then it will be clearer to you that this is not about someone who is an inexperienced beginner, but about someone experienced who obviously knew how to assess the moment and do what he did. I believe he would never do that at $20 000 per 1 BTC, but that's why he invested everything in BTC at a price between $4000- $6000, which still gives him an advantage today, and will probably be like that in the long run.

After all, the idea was not to spend the purchased BTC (at least not most), but to try to promote Bitcoin and make a living from it.

Nice. Their example proves that Bitcoin is the key to financial freedom and independence.
P.s. I thought Bitcoin family bought Bitcoin at $20k. Luckily, this is the story with good ending.

Bitcoin family did a very exciting life with bitcoin. Their story is very interesting and encouraging but too risky. They sold everything they have to exchange in bitcoin with out fear and hesitation. They are so lucky because bitcoin attracted a lot of people to invest and believe  that's why the demand increasing which makes it valuable and Bitcoin family benefited from it. I hope I can have also such kind of courage to invest in crypto with out fear despite of risk.