The Taihuttu family resides in the beautiful coastal town of Lagos, Portugal. Didi Taihuttu, the patriarch of the family, starts his day on the rooftop of their villa, overlooking the Atlantic Ocean. As he sips his black coffee, Taihuttu analyzes cryptocurrency price charts on his MacBook Pro, making trades to support their monthly expenses.
While Taihuttu’s lifestyle may appear simple and unpretentious, he has achieved considerable success. In 2017, he made the bold decision to liquidate most of their assets, including their spacious house, and invest in bitcoin. At that time, the price of bitcoin was only $900, but it has since skyrocketed to over $30,000. Taihuttu’s strategic trading and market indicator, the Didi BAM BAM, have played a significant role in their crypto investments.
Taihuttu’s indicator combines various inputs, including trading data and moon cycles, to guide his investment decisions. He developed this indicator before the Covid-19 pandemic and has been successfully using it since then. According to Taihuttu, the bear market was officially over in January 2023, and he believes it was a great opportunity to buy bitcoin. He also disclosed that their crypto investments have seen a 50% increase since the bottom of the recent bear market.
Living in Portugal has also been beneficial for the Taihuttu family, as it is a crypto tax haven. They don’t have to pay capital gains tax on their cryptocurrency investments, as long as they don’t earn cryptocurrency by providing services in Portugal.
To create his indicator, Taihuttu initially explored traditional predictive metrics but found them time-consuming. Instead, he developed a proprietary blend of the best indicators in the market, incorporating astrology and technical indicators such as Bollinger Bands, MACD, and RSI. The indicator provides real-time insights into potential price swings, enabling Taihuttu to make informed trading decisions.
The Taihuttu family values their privacy and did not disclose the exact amount of their crypto investments. However, Taihuttu mentioned that they fully bought back into bitcoin when it surpassed $19,000, indicating their financial success.
Though Taihuttu used to sell his indicator to traders, he plans to give it away to selected bitcoin evangelists to promote adoption. However, he acknowledges that his business model is changing due to the accessibility of generative artificial intelligence programs like ChatGPT, which can create custom indicators based on individual preferences.
In conclusion, the Taihuttu family’s story is a unique and inspiring one. Through careful trading and the development of their market indicator, they have been able to navigate the volatile world of cryptocurrency successfully. Their decision to invest in bitcoin has proven to be a fruitful one, as they embrace a nomadic lifestyle while living off their crypto investments in beautiful Portugal.
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