Dutch Bitcoin family trades crypto according to 2023 moon cycle
Last Updated on 6 November 2023 by CryptoTips.eu
The Dutch ‘Bitcoin family’ of Didi Taihuttu has been living in Lagos, the small coastal town in the southern Portuguese Algarve, for some time now. Didi wakes up in the morning, turns on his laptop, looks at the crypto charts of the past 24 hours and then starts trading according to a system he developed himself.
He even keeps an eye on the position of the moon and claims his gains since last year’s Bitcoin bottom are about 50%. Lastly, he also thinks that ChatGPT will make it more difficult to profit from crypto trading in the future.
Didi BAM BAM
Back in 2017, the Dutch family of five made world headlines for the first time around. Didi Taihuttu, his wife and their three children all agreed to sell all of their worldly possessions and invest everything in Bitcoin, which was trading at $900 at the time.
By now, they own a villa in Portugal and run a beach bar. Didi trades crypto daily according to his own system, he even studies the moon phases. If he thinks Bitcoin is spiking, he will move his investments to stablecoins like USDT and Tether. When Bitcoin is low according to his system, which he calls the Didi BAM BIM indicator (the full model is explained by CNBC), he buys.
“From mid-November to the start of December 2022, we saw the first signs the bear market was completely over,” explained Didi. “It was confirmed in January 2023 when the long flag appeared in the model.”
“People should have been buying bitcoin already, because every bitcoin you bought at $16k, it’s at $30k now, so that’s almost 90% upside.”
He also looks at moon phases as a price influencer.
“I’m not saying it always affects the price of bitcoin, but the moon influences a lot.”
According to his model, when there is a full moon or a half moon, people tend to trade more.
“They tend to buy more, they tend to sell more. Maybe it’s a coincidence, but if you look at the chart, you can see that mostly at the full moon, depending on where we are in the cycle, there’s a dump or a pump.”
Taihuttu added that the lunar phases also typically sync with the opening and closing of bitcoin’s monthly puts and options.
“So, if we are in the top of the Bollinger Band in combination with a full moon, then you know that we are going to run,” said, meaning that a sell-off in Bitcoin would soon start
ChatGPT
Lastly Didi believes that ChatGPT will make it more difficult for him to win from trading in the future.
“Anyone in the world can now go into ChatGPT and tell them, ’Write me an indicator based on the moving averages and this cycle or that cycle. And write me a script that I can implement into TradingView and then they can make their own indicators,″” said Didi.
“I’m losing business there.”