This is how this guy keeps his crypto holdings after he sold everything for Bitcoin!
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Answer This is how this guy keeps his crypto holdings after he sold everything for Bitcoin!
In 2017, before the cryptocurrency craze started, Didi Taihutu made a life-changing decision.
He sold everything he owned and bought bitcoin at $900 a unit.
He may have become very happy a few months later when he achieved a 20x ROI, but now, with each bitcoin trading at more than $44,000, Taihutu has to think carefully about how to protect his growing fortune.
Taking into account that he is the one who runs his own bank.
Tell “Taihuttu” channel CNBC On how he protects his cryptocurrency.
He stated the following:
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I’ve hidden hardware wallets in so many countries that it’s even harder for myself to sell them and get out of the market as it requires me to travel far to do so, and protect them on the other.
The world is your bank when you don’t have a bank:
Taihutu does not want to reveal how much money he has, but it was known at the time that he had put his house up for sale for 85 Bitcoin.
He also sold his car, motorcycle, his daughters toys, and even some household items for bitcoin.
Now, Taihutu spends his time traveling the world, taking pictures of himself and his family dressed in Bitcoin, and providing consulting services about it.
Taihutu does not have large bank accounts, as he stores his money in at least 6 wallets spread across Europe, Asia, South America and Australia.
The idea of Taihutu is to have at least one wallet on every continent.
The only way to access this money is to travel specifically to the hard wallet site, so this decision, although eccentric, is also practical given his needs.
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As he told CNBC, he doesn’t even rely on banking solutions to keep his hard wallets, which he hides in random places like rented apartments or friends’ homes.
These wallets account for 74% of his funds.
As for the other 26%, Taihutu has hot wallets that he uses to enjoy life, exchanging bitcoin when he needs the cash.
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Taihutu loves bitcoin but is not extreme about it:
In addition to Bitcoin, Taihutu owns Litecoin and Ethereum.
It is also clear that he has quite a bit of BCH given that he bought BTC before the BCH split.
Taihutu has no plans to change his lifestyle or investment strategy.
Just like Tom Lee, he also expects bitcoin to reach at least $100,000 soon, at least according to an interview from 2020, although he’s not afraid of big drops.
So far, things seem to be going well for him.
Investing in Bitcoin was undoubtedly the best financial decision he made in his life which became all about it.
Taihutu also does not hesitate to assure the media that Bitcoin is the gold of the 21st century.
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