Do you remember the Dutch guy who sold his house for Bitcoin?

[satosibtc1000]

It was a desperate and risky move but it will come as the purchase was made at a good price, the main thing that the investor did not panic on a bearish trend.

[xvids]

He bought it around $5,000 so even if he decides to sell it now he still earned a lot of money from his risky investment.
And he is looking for a long term investment and I think he is going to make a huge profit from it.

[damberg]

Story was posted here
Apparently bought a lot of Bitcoins at a price that could be around $5000. Wondering how he feels now.
You have to be incredibly solid inside and emotionally to deal with the constant price moves. Not that the decision is wise, it is a stupid decision, but stupid decisions can make you rich sometimes. Just the fact that he is a family man makes it incredibly unreasonable to do such a thing, but still wish him (and us) the best of luck  

Perfect example of wrong risk management  Anyways, he certainly had some kind of exit strategy and enough money to spend on regular expenses. He announced holding his Bitcoin possession till 2020 so I think he will be in profit then.

[eipeng]

He bought it around $5,000 so even if he decides to sell it now he still earned a lot of money from his risky investment.
And he is looking for a long term investment and I think he is going to make a huge profit from it.

Yeah even if he sold now he will still in a win win situation but who will sell in this bear market? we don't even in the last month of Q4 so maybe there's a big chance that btc will soar again. I hope that man will not regret his decision and i hope that the next news about this man is he become a billionaire.

[Febo]

Story was posted here
Apparently bought a lot of Bitcoins at a price that could be around $5000. Wondering how he feels now.
You have to be incredibly solid inside and emotionally to deal with the constant price moves. Not that the decision is wise, it is a stupid decision, but stupid decisions can make you rich sometimes. Just the fact that he is a family man makes it incredibly unreasonable to do such a thing, but still wish him (and us) the best of luck  

I remember one guy that sell his house to buy Litecoin. There is a post n this forum. And I remember he made videos Price of Litecon was for long $4. So I bet when he sold house, got them at that price.  Right now he can buy 15 houses back and many expect we are close to bottom. P


EDIT: found him https://www.youtube.com/watch?v=5v5y3icu6YY

[hannahboy]

It was a desperate and risky move but it will come as the purchase was made at a good price, the main thing that the investor did not panic on a bearish trend.

Now this is a perfect example of irrational person making irrational decision. The theories of investment endorse investment but define investment as the use of the income that is left after consumption. Selling ones house to invest is the most irrational move one could play in the game.

This incurs additional cost in the shape of rent if start living in rented house. However, if the number of coins he owns is high and he is holding them, he is going to be a millionaire in future upon the recovery of the market.

[coinporch]

He bought it around $5,000 so even if he decides to sell it now he still earned a lot of money from his risky investment.
And he is looking for a long term investment and I think he is going to make a huge profit from it.

and i think he already sold few of his bitcoin when he got good profit at that time,,
so, nothing to worry about him, because he made a speculations with all the risk ,,
i believe he will get what he want in the next couple of years mate

[mirawantirinjana]

I just heard this news, are they very sure if bitcoin is profitable for them so they dare to sell their house to buy bitcoin?

[Rhaizan]

He bought it around $5,000 so even if he decides to sell it now he still earned a lot of money from his risky investment.
And he is looking for a long term investment and I think he is going to make a huge profit from it.

and i think he already sold few of his bitcoin when he got good profit at that time,,
so, nothing to worry about him, because he made a speculations with all the risk ,,
i believe he will get what he want in the next couple of years mate

I don't think he will sold the few of bitcoin, but I guess he totally doubt if he needs to hold or sell. He bought bitcoin worth 5000$ and obviously he had a profits I think he's thinking about whether he'll wait for the bullrun.

[carlisle1]

Story was posted here
Apparently bought a lot of Bitcoins at a price that could be around $5000. Wondering how he feels now.
You have to be incredibly solid inside and emotionally to deal with the constant price moves. Not that the decision is wise, it is a stupid decision, but stupid decisions can make you rich sometimes. Just the fact that he is a family man makes it incredibly unreasonable to do such a thing, but still wish him (and us) the best of luck  

Shit what a God damn story,this is the best cryptocurrency story i ever read .this gives me idea on how i can bring my crypto journey to the fullest.
I have been thinking this stupidity for long and even asked my wife and children's about selling our house to invest all in to bitcoin,but my wife just laughing at me and say's stop joking.
But tonight before sleeping we will talk about this seriously

[HellDiverUK]

why his name didi taihuttu? from the name and face i think this man parents are from east indonesia or maybe timorleste..keep hodl like that man guys

[ssuchy]

why his name didi taihuttu? from the name and face i think this man parents are from east indonesia or maybe timorleste..keep hodl like that man guys

The fact is that the pr-campaign of cryptocurrency business was born in 2016 very strongly. Many people in anticipation of large incomes did inadequate actions, namely, they sold their houses and cars, and also took loans only to invest their money in cryptocurrency. Today, most of these people are left without anything.

[minairia3]

Story was posted here
Apparently bought a lot of Bitcoins at a price that could be around $5000. Wondering how he feels now.
You have to be incredibly solid inside and emotionally to deal with the constant price moves. Not that the decision is wise, it is a stupid decision, but stupid decisions can make you rich sometimes. Just the fact that he is a family man makes it incredibly unreasonable to do such a thing, but still wish him (and us) the best of luck  

I remember one guy that sell his house to buy Litecoin. There is a post n this forum. And I remember he made videos Price of Litecon was for long $4. So I bet when he sold house, got them at that price.  Right now he can buy 15 houses back and many expect we are close to bottom. P


EDIT: found him https://www.youtube.com/watch?v=5v5y3icu6YY

This the better than the btc story as he bought with a coin that has a bigger potential that btc though he predicted it to be like 100k so why not. Well this is like buying a penny stocks and during that time either btc and eth were the only blue chips so great move.

[batang_bitcoin]

It was a desperate and risky move but it will come as the purchase was made at a good price, the main thing that the investor did not panic on a bearish trend.

Its not a desperate move if he's fully knowledgeable with it and understands the risk that he's going to accept for doing that decision. He's still in profit though the market is shaky as of the moment. These type of people bet all of their lives and richest to crypto because they can see that its too early for them to get in although its never too late. They just have the nerves and guts to do this thing, personally I wouldn't even do this even my lifesavings just to be balance.

[Iyeman]

Story was posted here
Apparently bought a lot of Bitcoins at a price that could be around $5000. Wondering how he feels now.
You have to be incredibly solid inside and emotionally to deal with the constant price moves. Not that the decision is wise, it is a stupid decision, but stupid decisions can make you rich sometimes. Just the fact that he is a family man makes it incredibly unreasonable to do such a thing, but still wish him (and us) the best of luck  

I remember one guy that sell his house to buy Litecoin. There is a post n this forum. And I remember he made videos Price of Litecon was for long $4. So I bet when he sold house, got them at that price.  Right now he can buy 15 houses back and many expect we are close to bottom. P


EDIT: found him https://www.youtube.com/watch?v=5v5y3icu6YY

I was finding this video too and it's almost one year ago and i guess if this family has sold their house for bitcoin and then they can buy a lot of house again right onw even when the price of bitcoin gets plunged
https://www.youtube.com/watch?v=232cslwQs-E
It looks interesting to see how these famility take the best decision.

[senaslopre]

nowadays it's cool to go for such actions, every second person has a fear that he will lose everything, and the guy is good, and now he is not upset because it is long-term and waits for Bitcoin to cost $ 50,000. everyone will be shocked that he will be cool in 5-10 years.I'm sure that bitcoin will not go to zero. life without risk is not life.

[Febo]

Story was posted here
Apparently bought a lot of Bitcoins at a price that could be around $5000. Wondering how he feels now.
You have to be incredibly solid inside and emotionally to deal with the constant price moves. Not that the decision is wise, it is a stupid decision, but stupid decisions can make you rich sometimes. Just the fact that he is a family man makes it incredibly unreasonable to do such a thing, but still wish him (and us) the best of luck  

I remember one guy that sell his house to buy Litecoin. There is a post n this forum. And I remember he made videos Price of Litecon was for long $4. So I bet when he sold house, got them at that price.  Right now he can buy 15 houses back and many expect we are close to bottom. P


EDIT: found him https://www.youtube.com/watch?v=5v5y3icu6YY

I was finding this video too and it's almost one year ago and i guess if this family has sold their house for bitcoin and then they can buy a lot of house again right onw even when the price of bitcoin gets plunged
https://www.youtube.com/watch?v=232cslwQs-E
It looks interesting to see how these famility take the best decision.

I went look at his youtube Chanel and checked recent videos. He is holding. But. He is holding all on coinbase.  He is holding from wrong reason. I guess there are also people like him. Yes. It is normal. Crypto is money and money is for everyone to use.

[unusualfacts30]

Story was posted here
Apparently bought a lot of Bitcoins at a price that could be around $5000. Wondering how he feels now.
You have to be incredibly solid inside and emotionally to deal with the constant price moves. Not that the decision is wise, it is a stupid decision, but stupid decisions can make you rich sometimes. Just the fact that he is a family man makes it incredibly unreasonable to do such a thing, but still wish him (and us) the best of luck  

Yes, I remember reading about him back in the day and I think it was still the best decision he could make given that bitcoin is still above his buying price and if he chooses to sell it today, he would still be in profit. If I'm not wrong he said he was going to wait till 2020 hoping it would get to 100,000. He is lucky to have a family who supported him on this.

[Bittalk12]

Selling your properties to be invested to bitcoin sounds a stupid decision but building wealth is a marathon. If you choose to invest in cryptocurrency and place all your bets to bitcoin, you should prepare yourself mentally and emotionally. I salute this guy for choosing such an adventurous decision but I hope that he will not be targeted by those bad guys when Bitcoin reaches above $50,000. He better hide himself and his family to a rural or provincial place