The 'Bitcoin Family' has a special algorithm that tracks moon cycles — and it's helped them gain 50% since the bear market bottom

  • 📰 CNBC
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Didi Taihuttu's custom-built indicator considers a mix of inputs, including directional trading data and moon cycles.

Bitcoin Family patriarch Didi Taihuttu is living in Europe's top crypto tax haven with his family in Lagos, Portugal.

"We just need a few thousand per month to live on so our performance is not really important to us," Taihuttu tells CNBC from his deck overlooking an expansive stretch of cobalt-colored water, cliff-backed beaches and bougainvillea.Taihuttu's self-effacement and modest surroundings belie the 45-year-old's success.

The father of five says his bitcoin investment is up about 50% since the bottom of the most recent bear market. "You don't pay any capital gains tax or anything else in Portugal on cryptocurrency," said Taihuttu. "As long as you don't earn cryptocurrency for providing services in Portugal, you're in the clear.

So beginning in 2019, Taihuttu started to incubate and perfect a custom-built predictive trading tool that would weigh multiple technical indicators — plus a bit of astrology — and then spit out real-time insights into potential price swings.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin, Ethereum Technical Analysis: ETH Over $1,900 as Greenback Weakens on Tuesday – Market Updates Bitcoin NewsEthereum moved briefly above the $1,900 level on Tuesday, as the U.S. dollar weakened versus several G7 currencies.
Source: BTCTN - 🏆 531. / 51 Read more »