Bitcoin Forum

I am a member of a poor family. My parents work hard to sustain our household, But the family was not able to live properly with their income. Even my studies were canceled due to lack of money. Depending on my previous  academic results my college teacher convinced my parents to enroll me in college.  Later my teacher gifted me a smart phone. Then, my teacher explains to me about Bitcoin and how one can earn money from it. He tried to give me an idea about Bitcoin and assured me that if I know about Bitcoin and invest in it, I can earn good amount of money in the future which will remove my poverty. Since then, I make efforts to learn about Bitcoin. Besides, my teacher advice me about the Bitcointalk Forum where I can find extensive information about Bitcoin. He also mentions several other advantages. Intrigued by his words, I create an account on the Bitcointalk Forum website and try to gain knowledge about various important Bitcoin-related topics. Observing the discussions on the Bitcoin Forum, I become truly fascinated.

I have learned to understand that any type of investment is risky but want to risk something that has the potential to change my financial situation. With this aspects bitcoin is much worthy to invest.

I am trying to collect money to invest in Bitcoin for this I have decided to do agricultural work on other people's land and dreaming of investing some of the hard earned money in Bitcoin regularly. My money is small so I am trying to hold bitcoin for long term so that I can fulfill my dream.

I firmly believe that there is a possibility of achieving a large amount of money in the future. My teacher advises me to hold my investments on bitcoin for longer period ‍so that i can achieve the greatest success in my life.

Welcome to the forum mate, your story is quite touching just like many others have similar story.

Bitcoin has many benefits and one of them is the fact that it grows in profit if invested in for a long time. But to be frank with you, bitcoin is not the solution to your predicament right now. The first things you are to do is to look for an income generating business. Then if you have some substantial amount you can decide to save some to invest in bitcoin that is if the other part of the income can help cater for your basic needs.

Looking towards bitcoin for poverty alleviation is bad because even if you invest the little money you have in bitcoin you wouldn’t be able hold for long because your condition won’t warrant it and one of the top tips to invest in bitcoin is to invest an amount you can afford to lose; so ask yourself this question the income you get from your agricultural earnings can you afford to lose them.

Also Bitcointalk forum actually has some benefits aside learning about bitcoin freely which is to earn some bitcoin or other coins through signature campaign. Aside that it needs you to rank up your account, it is still not guaranteed to be used as the main source of income.

One thing I was trying to understand is how the poor that basically operate a system of from hand to mouth for a means of survival would have a good enough amount to invest in bitcoin and hodl for a long term. Good enough you’ve devised a means and seems willing to go through the stress of not having yo enjoy your immediate earnings in hopes of better tomorrow. I do hope that works for you, still

I feel you’re putting a whole lot of expectations on the innovation and I hope you understand that it takes a lot of time for this sort of expectation to come through.

Welcome to the forum and hope you do well here.

I'll play the devil here and say to you upfront that you shouldn't put all your hopes and dreams on bitcoin. There are people that over sells BTC as if it's the key to financial success or the solution to everything - IT'S NOT. There are many avenues where you could put your money into and become successful as well. I suggest that you expand your skills and boost your financial literacy.

A real teacher. Not only teachers but also the first person to open their eyes and direct you starting from introducing BTC and participating in this BTT forum. Yes. surely your teacher has been deep into this crypto world for a long time. especially BTC. That's right, what you wrote about the crypto world is very volatile, the market often changes faces. However, with basic knowledge and TA analysis it will be easy to read where the market is going. and it's true like you said Bitcoin is the road to Prosperity for Dreamers who are Determined and have a mentality.

According to your story, it means you are equally not financially stable since is your teacher that gifted you the smartphone you are using to connect to this forum,  so with all these financial limitations you mentioned in this thread.


How do you intend to put up the money to invest in Bitcoin,  because you stated you feed from your parents meaning you are dependent and you did not mention that you were either employed or operate a business?

This is the second story on this forum that reminds me of Swiss cheese in a short time.

Well, the point is that the thread is going to be full of people congratulating the OP and he might even get some merit, but I'll stick to my thing:


The way to make money with Bitcoin is by capital appreciation, and to earn a significant amount, you either have to invest a significant amount as lump sum or you have to spend many years investing small amounts and not touching the investment. Depending on how small they are it could be more than a decade. Holding on without selling for so long when you see that you have profits (or sudden losses) for someone who has a delicate situation is not easy, and I would say that few, if any, manage to do it.

As I am in the habit of not believing everything I read in the forums, I will tell you that assuming your story is true and not just another one of the invented stories of this style that appear in this section every now and then, you should focus on improving your economic situation in a global way, in which the Bitcoin is only a part, although an important part of the plan.

Don't bet everything on one card.


I think you are playing the saint here. I agree.

At first I will welcome you to bitcointalk platform as I see you are a newbie. You are absolutely on the right track and there is no cause for alarm.

All you have heard from your teacher is not different from the truth. You can learn about bitcoin here as that is the major aim of this platform. Not only that, you would come in contact with people vast and wide with bitcoin experience who would enlighten you through their posts and replies. What you just have to do as a newbie is to take out time to read and learn how things works here.

Knowing the forum policies too would help you scale through onboard this platform. It would guide you through to getting to know what to do and how to do it. You can as well ask questions as a newbie  here (https://bitcointalk.org/index.php?board=39.0) so you could get answers to anything you want to know.

I would advise you to properly Understand how bitcoin works well before investing so as not to be taken unawares of the market situation or better still you take out time to grow up here through ranks so you could be able to work and earn bitcoin as payment for your services rendered.

I have read that you are from a poor background, that you barely feed well. So, I doubt you will be able to raise a good money to dump in bitcoin for some years before having a good reward. At some point in time you will be needing such money to solve some immediate problems.
If there is anything you do to earn, such as the agricultural thing you are talking about, just double your efforts there and earn real money. It will be far better than having a high expectation of bitcoin whose price is not stable.


We have heard much of this your teacher. Don't you think it is time you make independent decisions in order not to blame your teacher much incase of investment failure.
Research about bitcoin and make your decisions. But my advice is that those who made good fortunes from bitcoin were the early adopters who didn't look the altcoin ways. For bitcoin to be able to make you super rich now, you must be rich already and willing to invest substantial amount into bitcoin.

Then be a determined dreamer and keep your dream alive.

Your teacher may be right about it but this is also if you know when to sell the BTC you hold at the right time. Since you want to hold your coins for a long time, it would just be easy as you only need patience for it. This also needs to be learned. If you wanted to be equipped with knowledge, learning to trade currencies like BTC is the way. There are many people who already provide insights on how to do it.

I am shocked to read that your teacher gifted you smartphone and advised you to invest in BTC and even helped you to start an account here on BTT. Because in my school, college and university life. I never encountered any teacher who could sacrifice that much instead my teachers always blamed smartphone and used to said, these devices are the main reason that you students are not giving any importance to studies.

And still your teacher bought you one and guide you I am really happy and jealous too because you have got a gold heart teacher there. I hope we could have the same teacher here too.

I also have strong belief that BTC will change ones fortune by helping them to fulfill their dreams. In my time here on BTT, i read many good stories about how people have meet their daily expenses using BTC and also facing the expenses of their families and studies. Even i am also meeting my and families expenses on my own from the earning that i made here.

I am curious about your teacher, is he an expert in Bitcoin or just a newbie member who is like you and is in this forum?
As motivation, this would be great, and this is your first post.

If what you said in the story is true, then you should really learn how to do financial management to achieve what you want.

Investing in Bitcoin looks easy, but for those who are afraid, this would be the last place to invest.
Bitcoin is good for the long term and not good for those who panic too much.

You may be able to implement DCA, and every certain time you buy Bitcoin regularly, it will help you get a better-accumulated price.

A person's life will change depending on how they strive to change things for the better.

While holding Bitcoin can indeed be life changing if bought and sold at the right time, I think better than that would be building a business that utilizes Bitcoin in a new way to solve problems and bring value to your customers. The potential to build successfully in this new economy might be the real way to prosperity for generations.

Op indicated that he will be working in some agricultural lands maybe as a labourer to earn some money he will use to invest in Bitcoin.

We have heard many such stories in this forum but I believe you. Believing or disbelieving you will cause me no harm. But I want to encourage you to be strong and keep believing that you can come out of poverty through hard work and dedication. There is no assurance that Bitcoin will make you rich because the price is unpredictable and your investment might be too small to give your much profit. Focus on your academics and graduate with good grades. This will enable you to get a job that can help you raise more money to invest not only in bitcoin but in other profitable investments available to you. Welcome to the forum Assiduous.

I want to be more realistic about the story of bitcoin in particular and the crypto market or other investment market, because everything that happens in our lives is very fair and you work hard to learn and invest in both knowledge, health, money, ... then you will get the results you deserve. I am not a dreamer with profit as well as distant goals, but seeing the participants talk about huge profits, that's why I think they are going down the wrong path lose. Knowledge in this field is a lot, and sometimes just a few skills of economic analysis, project evaluation can also help you get good profit opportunities with this market.

Bitcoin was made for more than just that, if you are a determined goal getter you don't necessarily need to be into Bitcoin in other to achieve wealth, I think this is a newbie thought and can actually lead to crushed dream rather than a brighter dream.

The first principle I have is that I always want to see Bitcoin as a financial system ungrade to that of the normal traditional system, and any other benefits you can get from Bitcoin is secondary, I think the more successful Bitcoin investor were rich even before the got into Bitcoin

That's one of the issues we have with people always trying to hide the negative side of Bitcoin. It's true that Bitcoin can earn you good money, but one thing your teacher didn't tell you is that, Bitcoin can also ruin your future. Investing in Bitcoin doesn't make you rich but makes you a holder of Bitcoin. If it's value appreciate, your luck. But if it doesn't or even depreciate then you end up loosing your investment and run at a loss.


For someone from a poor background who's family struggles to sustain a household. Now you intend on investing in Bitcoin, when you should be planning on how to help your parents reduce the stress at home. In life there's a time for everything. I do think that your parents are trying but they too would need a little assistance.
 

A determined dreamer should know that taking risks with any little funds they have, to chase bigger cash returns, by investment in BTC or cryptocurrency, may soon get derailed in their focus when market volatilities that are unprecedented set in.
If you have already gained the knowledge of how to get profits from buying crypto or BTC in particular, and you have the device to gain internet connectivity, then this could help you realize small profits from trading.
The risks of losing more is greater though, I must warn. That is why the best advice you would often get here is to buy and HoDL.

The pain of being patient for the HODLings to mature is what seems too unrealistic to many, especially those who don't know how to save or have too little to live on, let alone buy cryptocurrency.

I wouldn't discourage you from trying out your idea. You will learn in the process of doing so.

While it is true that many have changed their lives through investing in Bitcoin. I think it's a good determination but think of it that it's not an easy journey for you. Your teacher has given you the idea and that's a good one that has been shared with you. And as you work in the land of other people, you'll see your struggle as your inspiration for a better life. You're grabbing every opportunity that you can but do not forget that you should only invest what you afford to lose.

At the end of the day @OP, it is your hard work and smart moves that will make you prosper, Bitcoin is just a tool for you to use and get profit depending on what kind of action you did in every situation.  I agree that since Bitcoin is still in its early phase, it can be an opportunity to make our dream come true but I would like to state that Bitcoin is not only the one option to prosper, there are lots of ways.  But the one deciding factor whether we will be successful to achieve our dream is our own actions and dedication.

First and foremost, welcome to the Bitcointalk community. I am delighted your teacher was able to connect you to this amazing forum because he understands the impact it has on Bitcoin awareness across the world.

Bitcoin is absolutely worth investing in because of its potential. However, make sure you understand the risks associated in the investment because the Bitcoin market has ups and downs, and your teacher can just educate you about the positive aspects of Bitcoin investment. As a result, I encourage that you do further research about Bitcoin and ask questions here for clarification.

I understand how desperate you are to invest in Bitcoin, but I will advise you to use the little amount of money you have to support yourself and your family, then keep learning about Bitcoin and await any opportunity to place your investment.

Making money as your primary goal will not solve your problem right now; instead, be patient and look for a way to place your Bitcoin investment, which will take some time because it is not a get-rich-quick scheme.

and such conversations of getting huge profits is the reason why some newcomers have such notion of getting rich quick on this market. they thought, it is easy to earn money where in fact, it would take better strategies to even get the profits from this market. but there's nothing wrong of dreaming such nice profits one day. but one should be realistic with goals so you won't get disappointed.

I guess no one can stop the OP from achieving his dream. And most likely is just like the OP, we are not that blessed with financial stability and yet we are here because we all know that bitcoin can really help us, it could give us potential profit in the future if we will just stick to our plans to just buy as much as we can and hold on it. And there's nothing wrong with having a dream and pursuing it. So the advise that I can give to the OP is just be strong because you will be tested when the price goes down and thinking of selling it right away. So no easy path for us, but just look at the long term, specially that the bitcoin halving is less than a year from now.

It is crucial to maintain a long-term perspective and not be swayed by short-term price fluctuations.  Adopting a "buy and hold" strategy may be a wise choice for those who believe in the growth potential of Bitcoin.

You're fortunate that your teacher introduced you to Bitcoin and this forum, as well as assisting you in acquiring a smartphone, which is essential to participate in the Bitcoin community. However, it's important to manage your expectations. Bitcoin is unlikely to make you wealthy quickly, nor can it solve your financial crisis unless you earn it through some means. Investing in Bitcoin always carries risks, and no one can guarantee high returns. Given your current financial situation, it's crucial to invest with caution. Only invest an amount that you can afford to lose, as we cannot predict how long it will take for the price to recover in the event of a market downturn.

Glad to hear that your teacher must be very kind.
There are some of us who may also have the same fate, trying to get up from adversity and get a better income after getting to know Bitcoin and crypto in general. It's true that having a strong determination in something, in this case Bitcoin, is able to encourage and provide strong motivation for us to achieve something.
Strong determination alone is actually not enough, because it requires unanimous determination and its application. But at least, if you have a strong and unanimous determination and really want to realize that determination, then there will be more efforts. Starting from studying it seriously, observing, understanding, and finally starting to apply it. Either by trading, investing, looking for income from various programs that provide payments in the form of crypto and Bitcoin in particular, or other things. And this really happened to me too.

For me you are right, you do not play the role of the devil, you play the role of that person who makes you put your feet on the ground... I have already said it on other occasions here in the forum "Generating money and making it grow is a task that actually has much more implications than people think." Although Bitcoin has great potential, you cannot be waiting for it to solve your life... People must first have, as you say, a "financial education" It is essential to develop a life that will have good benefits in the future.

For the OP, my best advice is that you invest in yourself first... and not by saying the word "investment" I am referring to Bitcoin or any other type of money... but rather that you invest in time to enrich your knowledge, this forum It could be a start for you to gradually cultivate financial wisdom with solid foundations of this world, because if you are going to invest in BItcoin right now without having a clear idea of what bitcoin really is, it would be a loss for you. Maybe your teacher He told you that it is a virtual currency and that's it... but I didn't tell you all the background that this ship has... Knowledge is power and it can change people's lives.

Going through your post, I see how desperate you are to invest in Bitcoin with the aim of becoming rich,but I will let you know that Bitcoin is not the only way you can make it in your life,because there are many businesses you can start and you can make rich also. In fact,  the aim of Bitcoin is not to make people wealthy but to serve as an alternative to fiat currency in order to help against inflation and many more. But if you view Bitcoin as something that can change your life, nothing bad, because I have also seen many people say that Bitcoin has changed their lives, but I will say that they were early investors.
 
Now my advice for you is to learn more about Bitcoin and the cryptocurrency industry before you invest your money, especially in terms of wallets, for proper security purposes of your investments. And again, never invest more than you can afford to lose because the crypto industry involves a lot of risk.

Welcome on BTCtalk! It looks like you have a very good teacher, not only because he told you about bitcoin and his pros but also, and especially, because he suggested you to hold instead of doing trading or buying some shitcoins. Keep learning and remember, never invest more than what you can afford to lose. Here we all believe in BTC but try not to take too many risks.

For a person who have been dreaming of making his life better can surely consider bitcoin as the pathway. Better understanding and the time required to hold is always an important thing and not everyone follows. There were more stories in which people have prioritised bitcoin and the same have helped them move to the next level of living. Most importantly people have a job that pays them good and additional to that people continue to offer services and earn bitcoin through trading and other ways of investing. This makes them achieve their dreams earlier than achieving it through their day job.

I believe that regardless of origin or culture, there is an imminent possibility of making a profit with bitcoin, from any angle, as an investor, trader, entrepreneur or just trying, but having the vision that "that something" will lift you out of poverty does not have to necessarily be bitcoin, that can be a "mistake" because the years can go by, you can even see your youth go by and the answer with bitcoin does not come, even bitcoin could have much more success and / or adoption but that does not have to affect its price instantly.

When you are poor, the best investment of your time and effort is yourself. If you focus on education, developing your skills, getting good at something that can create an income, then you will have a lot of possibilities to reliably build your wealth.

Working hard to earn little money and then invest those money into something that will make your rich will most likely not work. Investments either grow slowly but reliably, or have a tiny chance of growing very fast. And betting your future on this tiny chance is a bad idea.

Bitcoin is unlikely to show a level of growth that can propel a poor person to the status of the rich. Tenfold growth already seems highly ambitious for Bitcoin, and tenfold growth is not enough to create wealth from almost nothing.

Your college teacher must have noticed how intelligent you are for him to persuade your parents to send you to college even though they are not financially able to train and further your studies because of a lack of money. Not only that, your teacher still went ahead to get you a smartphone and still introduce you to bitcoin investment and bitcointalk forum.

All these actions were just taken by a teacher on behalf of his student. That's admirable because not all teachers can help their students out financially in this way.

If you and your teacher believe that bitcoin can change one's financial capacity, keep in mind that it can disappoint because its future is not promised. If you start dreaming about bitcoin when you're young, I have no idea when you'll stop, even though you're in college now.

With the small amount you have already invested, I wonder how long you plan to hold onto your bitcoin investment. Anyway, you are still a very young boy who, in my opinion, can safely hold onto his Bitcoin investments for close to 20 years.

Before that time comes, Just be sure to write down your bitcoin wallet's private keys and store them somewhere you won't be able to lose track of them. I'm confident that bitcoin will increase in value beyond our wildest dreams, making your modest investment worthwhile.

It is admirable that you have made the personal trip you have, which demonstrates your tenacity. Both opportunities and threats exist in the realm of bitcoin. Comparable to playing high-stakes poker, investing in bitcoin. You need to be ready for volatility, which necessitates not only financial resources but also a thorough knowledge of underlying technological developments and market patterns.

The fact that you have a long-term perspective is encouraging, as historically, holding Bitcoin for protracted periods of time has resulted in profitable investments. Just keep in mind that past outcomes do not guarantee future ones. You should be prepared for potential losses and only invest money that you can afford to lose because the value of bitcoin might fluctuate greatly.

Your carefully saved money ought to be invested wisely, maybe in a diverse portfolio rather than just Bitcoin to help mitigate the risk associated with cryptocurrencies. I hope your Bitcoin investment turns out just how you envisioned it and wish you the best.

It is strange that you just registered yesterday, but you are already fascinated by the forum. OP, if you are an adult, then you do not need the motivation to invest in yourself; you should not sit still and wait for a miracle but should look for any way to earn money. But you write that only after you learned about Bitcoin did you move forward and decide to go to work. It's hard to imagine what you did before. I do not advise you to flatter yourself too much, because in our time, to get a good return on investment, you have a long way to go and a decent amount that you do not have.
Do not forget the rule that you should invest the amount that you do not need for some period of your life. But everything in your post screams that every penny is important to you.

That's one rare of a teacher, even if they know they won't teach because money was never meant to be taught in the school, he cares about you and you should thank him with all your might, every failed Bitcoin investors starts from source of income, even those that have a job still find it very tasking to keep investing into something they don't know what awaits it in future, but there is something that I am very sure about in this world, a risk taker will never fight in vain, they are the winners in this world.

If you are not scared of taking risks you are ahead of everything in your life, that fear mentally is what is holding many souls back today, and I also want to correct you that Bitcoin is not the only way to prosperity, there are so many ways you just need to figure out the one you will enjoy spending your time with.

Nowadays butcoin holding itself will take you nowhere. If you have $100 and btc jumped to 300k it will be $1000 so it's no longer getting rich scheme. But there are other ways to try earning it like joining solo mining groups, contests, offering services. It became a life style. Just the same shit you face everyday to earn a dollar buy the currency changed to bitcoin.

If your teacher can suggest you to join in this forum, it's mean he must have an account and already have experience in this forum, can you show us the account of your teacher?

So your teacher give you a cellphone in order to make you can learn more about Bitcoin. Based on your story, you're live in a poor family which mean the money of your parents make only enough to feed your family, sometime it's still not enough too and they will borrow money to buy daily needs. How you can make money through Bitcoin when you don't have any money?

I'm sorry that the op is struggling with poverty. It's truly unfair that some people have to go through that, and that you had to stop your studies because of it.
It's a good forum, and Bitcoin is pretty cool, but if you don't have much to invest (and I assume from your story that you don't), it will be hard for you to enjoy the benefits of Bitcoin growth. But this forum also has signature campaigns, which can be a way (after you get more activity and merits on the forum) to earn some money directly in Bitcoin for the posts you write. This can help accumulate some BTC without actually buying it. Good luck!

Quite an inspiring story you have mate,  great of you to join us here!
Btw Is the teacher that inspired you to join the Bitcointalk forum here as well..and are you in touch with
him/her ??? Are you still in college or maybe you have changed course with the issues at hand? Whatever the case, like you have said, be a determined dreamer you never know those some investments will one day pay you handsomely.

I highly doubt it if he will give us this information as one thing might lead to another...same old story ::)

Yes, I agree with you, but I understand that we need to experience to see what is happening in investing, and in the investment market too, there are many things that attract us that make us easily led. Leading and controlling from behavior to perception, dreaming and trying in a positive direction is really a great medicine in life. It is clear in this market that we who have been exposed to it for a while and also recognize the wrong lessons always want to warn newcomers to take a realistic look at this environment.

I also invited my friend to join the forum, I also mentioned the benefits, the knowledge he can find on the forum, and even how to make money through signature campaign. But I never let him know my account, so your request is hard for OP.


His family probably won't be able to provide money for him to invest in bitcoin, but if he tries to find a job and save himself, investing in bitcoin is not impossible. It sounds like you are questioning the OP's story because he just told a story without giving any proof. But we also do not need to be too strict with a newcomer to the forum.

Your teacher has the same responsibility as your parents. Where your parents should have bought you a smartphone, your teacher handed you a smartphone and not only handed you a smartphone, he also guided you in another direction, the idea of Bitcoin. And it is from that idea that you are interested in investing. You may have been a favorite student of your teacher, which is why your teacher did such a great job for you. As your family is not so financially well then you should have supported your family by doing agriculture work now you are planning to do agriculture work but that is for you to invest in bitcoins. Apart from investing in bitcoins you will always try to support your family well be it farming or any other work.

Well, I love what you said about a determined dreamer, but I still wish to inform you that a determined dreamer has the vision to do a lot of things that can take him out of poverty, not just one thing. I'm not saying it's a bad idea to invest in Bitcoin, but it should not be where all your hope lies. You can look for a job if you are done with school; you could even become a commercial farmer if you really know how to do farming jobs. There is a lot of money in agriculture because people definitely need food to survive, and by the time you start cultivating on a small scale and expanding it gradually, depending on how well you are exploring, you can get business grants to acquire more lands and other things to help you explore. While doing this, you can still invest in Bitcoin.
Secondly, you can still learn a skill; there are a lot of computer and website-related skills to learn, and most of those skills are even needed in some organisations. Mate, there is nothing bad in having more than four sources of income, so that if one has your hope sucking, you will have your hope on another. just my opinion.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

You're on the right path, investment is meant to be done with spare money and you using some money from your business is good because if the market was to crash, you won't be too concerned about your investment unlike those that use all the money they have on them to invest and any small corrections they start panicking and losing their minds because they invested more money than they'll be willing to lose, which is wrong investment strategy.

Bitcoin can give us large amount of money if we invest now and hold for longer period and not be like majority of individuals investing into Bitcoin and hoping to sell immediately Bitcoin can give them a good profits without thinking about the future profit the market will give.

According to the OP, he intends to invest in bitcoin through the agricultural work he will doing on people's land. That's to say, with the money paid to him for the agricultural work done, he will use it to invest in bitcoin regularly despite how the money comes in and how little the money is.

What am all confused about in the OP story, is how the teacher was able to introduce bitcoin to OP, knowing fully well that he can't invest in bitcoin as a student and he is also dependent on his parent for survival.

If the teacher truly wanted to assist the OP, he would have discussed bitcoin with the OP's parents rather than with the OP himself. In this way, we can say that the parents of the OP can request some sort of business plan that will enable them to make a small investment in bitcoin.

Nevertheless, it's still cool that the OP has a plan to invest in bitcoin through agricultural work and that he is willing to hold onto his bitcoin to achieve a long-term objective.

Believing that Bitcoin will end all the financial struggles of an individual without having adequate corresponding support that can push that into reality or make it hard to achieve that success or financial freedom that the ops will be dreaming of,  and if care is not taken the ops could lose motivation due to inability to make up to their expectations.


Since the ops stated his financial position and being a dependant it makes things really hard and long for the ops to arrive at the financial stability spoken about,  and this could have a long-term impact on his Bitcoin journey because, for the ops stead of keeping accumulating Bitcoin along the way up, he will be constantly cashing out to support his personal needs.

Why did I read this as.. "is he an expert in Bitcoin or just a newbie member who like you and is in this forum?"  ;D  It is seldom for a teacher to spend and gift something to a student unless he has an ulterior motive.  I don't want to sound negative but it is often that case.


I hope you can hit your goal but let me remind you about your schooling.  It must be your priority because the knowledge you get from it and the possible opportunities that will open to you when you finish your study is way more than the possible earnings you get from Bitcoin investment.  Bitcoin investment mostly give you profit only once, that is when you decide to sell and the possible next profit won't be the same as your first harvest.  So while your parents are supporting you or you have fund for your schooling, make the best out of it and it would be great if you do both things at the same time without sacrificing your time for studying.

Besides the 1000x, 10000x profit on Bitcoin had been long passed. So @OP if you are thinking that you will be able to pull another 1000x profit on Bitcoin in just a short span of time, I think you have to wake up from your dream.

From your title and your story, I can see you have a lot of faith in bitcoin as your savior that will lead to wealth, this is common with newbies who were led to believing bitcoin is a get rich quick scheme by those who introduced them. It takes money to make more money, what you need right now is a good job so you can take care of your needs. I sincerely hope you can hodl your bitcoins for a long period as you say because hodling bitcoin is not easy when you have a lot of expectations.

If I could give you advice, I would say that you should get yourself a part-time job that you can do anytime you don't have lectures. It will help you a lot to pay for school and keep you from being overly dependent on your parent or guardian.
 
Investment in Bitcoin does not pull one out of poverty just like that; Bitcoin does not perform magic. If it were that easy, everyone who has little funds could have used it to take themselves and their families out of poverty. To me, it's only advisable for one to invest in Bitcoin when the person has a stable cash flow. What I mean by that is that you could be able to foot your bills without being dependent on or making your budget based on the expected profit that you think Bitcoin can give you.
 
Unless you have some left over funds when you are done footing your school bills, which you won't need anytime soon to do anything with, you can invest those in Bitcoin, but don't expect a quick profit breakout.

Though this is quite pessimistic to say, but everything you said is true. Bitcoin will always be risky and won’t never guarantee sure success in the future. The reason why OP has to be open minded to other life’s investment and possibilities, and never put all his dreams and hopes only to bitcoin. Although bitcoin has created a lot of successful life’s stories, but know that not all who engage with bitcoin have turned profitable and rich, but some have also endure life-changing losses and find it hard to recover his finances again.

First of all, if it's all true and not a made-up story, I would like to appreciate the efforts of your teacher because I really get admire such teachers who go above and beyond only so that the students who are sharp and has the spark in them don't get deprived of education which is essential for everyone. Your teacher really did everything he could to make you reach where you are today or where you might be in the future, just remember, don't forget the people who were there when you were in need when you become successful.

Your teacher has guided you to something very unique and great, both Bitcoin and this forum are going to help you greatly in your venture of becoming financially stable in the future if you stay determined and focused and keep your target under you radar and keep working to achieve it.

this is what I experienced, I am a dreamer and have the determination and do not have more capital to open a business. and of course bitcoin fluctuations become a means to achieve that. as long as we have knowledge about bitcoin and can distinguish when to sell and when to buy, we will be at maximum profit. on the other hand with knowledge especially if we can analyze new projects that will boom later, then the goals will be achieved more quickly, which is the part that everyone finds difficult

Such a great story of determination to get out of poverty and be financially free. However, I hope your teacher or even you have just made a good decision in putting all your efforts into bitcoin. I mean, with just a small amount of money you put into bitcoin for like what every month? that won't do much in the long run though considering that the price may be higher in the next coming months. I'm not discouraging you or something like that, but merely giving you an idea of how much potentially will you gain as a profit in the coming years, because I was thinking that it should be wiser to just save those money you have worked for or use it to sustain your studies and finish them first in order for you to get a good paying job and from there you will start your investment journey since for sure you already have enough money to generate good profit by that time.
Frankly speaking, you shouldn't be focusing on bitcoin for now, use that money to finish your studies first. Trust me, when you get a high paying job everything will come easier.

When it comes to investment, risk always been involved, and what matters about investment is to know what your doing, and also invest at the right time, when it comes to cryptocurrency market, buying Bitcoin the entry point matter's a lot, because it determine the profits return you make after long or short period of time.

It's going to take a very long term investment for someone who earns a very small amount of money to invest in Bitcoin, you can keep investing 50$ per month on Bitcoin for years to become a successful Bitcoin investor, because let's face reality, Bitcoin is not going to give you ten to twenty times your money, to ease your mind it's better target Bitcoin with good number of income if truly Bitcoin is your goal to financial freedom.

It's better to plan your retirement with Bitcoin because someone in your level will find it easier to do instead of someone who want to make life changing money through Bitcoin investment in 2025, it's not going to happen unless you have the money, like 40,000$, I am a realistic Bitcoin investor, I don't like receiving myself like many people, Bitcoin can only triple your money to maybe four times your money and that's it.

My advice is, target the long term if you are making too less money or simply start doing more jobs to invest a specific amount of money in Bitcoin per month, do not be deceived.

Your story is quite touching but right now I don't think bitcoin is the answer or solution to your current situation because Bitcoin investment is risky and anything can happen. Bitcoin is not a get rich quick scheme, it's a long term investment that takes time and requires patience. What you need right now is a job or skill that can be putting food on your table on daily basis. If after sometime you begin to receive a bigger salary from your job or earn good money from your skill, then you can now invest some part of it in Bitcoin.

All forms of activity carried out must be conscious and reasonable.
Confidence or optimism in carrying out activities is the fuel that can lead us to the target we want to achieve.

Investments in Bitcoin must be made consciously with clear targets. Holding Bitcoin as an investment for a long time without a set target is also not an option.
Set a target of investing in Bitcoin.
So far there has been a lot of positive recognition for Bitcoin except for people who do not fully understand Bitcoin about its benefits to them.

Before the latest ATH is reached by Bitcoin, then as long as it is expected to continue to hold and that's what I'm trying to understand from what your teacher meant to you.

Bitcoin is now one of the most popular currencies in the whole world. Many people have become self-reliant by investing in Bitcoin. Your education was good so your teacher gifted you a mobile and he gave you an idea to invest in Bitcoin. You are interested in investing in Bitcoin because of this. I think you are right You have decided. But you must be aware of the volatile Bitcoin market. You have decided to invest in Bitcoin by doing farming. I think you have chosen the right way. You will spend some of the money you earn from farming for your family and the rest.  You don't have to bear the associated hassles when you invest in Bitcoin. You don't get immediate profit by investing in Bitcoin. You must have patience for it. Hope you can earn a lot of money and success in your future.

You can reduced the risk involved in investment by not chasing after high yield investment. Investment in Bitcoin has minimum risk because it has a history of been profitable to investors, when you decide to invest in Bitcoin you have reduced your risk as you know you won't be scammed and although there's price volatility you can always be guaranteed of making some decent amount of profits if you have patience and allow your investment to grow.

Bitcoin is an investment that there's no right time to invest whenever you buy Bitcoin is okay then your profits comes depending on how long you're capable of holding. Bitcoin investors should be long term investors as it helps them to have less anxiety of the market.

Market manipulation makes Bitcoin more risky either it's a great choice for investment. Another risk is about losing your Bitcoin if you aren't aware about how to keep it secured. Historically Bitcoin pumps hard in Bull Market and it hit new ATH after every Halving and the perfect time to invest in it is at bear market. So you have choosed a good decision to hold it for long term. But you should not invest all your assets in Bitcoin as many bad things can happen or Bear market can go more longer. So Bitcoin has higher risks and higher returns. Who have much knowledge about proper crypto investment can gain more profits with less risks. So try to be one of them.

Why you aren't looking for more potential works to gain assets to invest? There are many easier options to do beside agriculture. You can earn from Bounty Campaigns in this forum. You have to promote them in social accounts and you will receive their own token or stable token. Then you can easily convert to Bitcoin. Another effective way is to join Crypto Airdrops and you have to know that every project will not pay you so you have to find out most potential projects to work and leave the shit projects. Because they will not pay or maybe not worthy.

You say Bitcoin is a sluggish race for low-income people. Isnt Bitcoin's magic that? Its a long-term investment that can help low-earners build wealth. Bitcoin may not make you a fortune overnight, but remember the turtle and the hare. Its endurance, not speed. Bitcoin has survived many storms since its creation. This is worth gold - or Bitcoins - in investing! Bitcoin isnt everything. The real revolution is blockchain technology. Its like dismissing the mine that produced one gold piece. Finance, healthcare, and voting systems use blockchain technology. Isnt life exciting?

It's pretty obvious that HODLING BTC and other popular cryptocurrencies for the long-term is a long shot, but it is possible. However, you shouldn't put all your eggs in a single basket op.

Instead, you should have a reliable income source on the side to help support you and your loved ones for a long time. Think carefully and plan accordingly!

Bitcoin is the way to prosperity for someone who can embark on the journey of long term investment, if you want to make life changing money through Bitcoin in the next two years you need to have invested like 10,000$ or more, even I won't call 50,000$ a life changing money but would do a lot for someone who is dead broke.

If you are determined then your goal should be an accumulation of Bitcoin for many years to come, not the next bull market, you need a lot of thousand dollars invested first before you can get better ROI in a year or two.

If you are earning low income in your business or job, play the 10years accumulation with what you can afford to lose every month after getting paid in your job, you will be happy you take the step.

First of all, I would like to welcome you to the Bitcointalk forum.

Of course, the first thing you should know is don't think Bitcoin can make you rich instantly because there are many mindsets like this and in the end they will be disappointed, especially if you don't have your teacher accompany you. I also want to say to you, that you are lucky to get such a good teacher after teaching you about Bitcoin he also gave you a smartphone and it is very rare for us to find a teacher who sincerely helps you so that one day you can stabilize your finances and that of your family.

Bitcoin investment is the best investment for now. Your choice to invest in Bitcoin is a profitable step to take advantage of Bitcoin because it will be very profitable from time to time. I believe you will achieve your dream one day if you keep doing DCA and keep holding bitcoins.

Your teacher must be part of the bitcointalk forum to have refer you to this place to gain more knowledge about btc. I hope you find the right knowledge here and utilize it as much as possible.
Judging by your financial status, it will be very hard for you to buy enough btc that will fetch you a lot of money in the future. this is not trying to discourage you but just stating the obvious because btc is already expensive and before your little investment can make a reason sum, btc needs to be very high in price like 100k and above.
Nonetheless, keep the dream alive coz it is a good one.

This is just the reality, mate. As much as we appreciate what Bitcoin can do for us, we can't guarantee that it can always deliver on us. Just don't depend everything to Bitcoin just like on how a usual corporate worker shouldn't rely too much to his 9-5 work considering that layoffs are happening quite frequently especially with tech companies.

Surely people cannot just admit that they have the same thoughts as yours since that's the reality anyway and reality sucks. :D

@OP, as much as I can say "kudos" to your story (assuming it's legit), you should have at least a reliable income. You even mentioned that you have a small amount of money. That's not really going to be great for you in the long-term. Find job for now and invest later on.

Best of luck!

There has been a lot of people who've already experienced changing their life with Bitcoin. You could actually see the difference on the people who's love to get spoon fed once someone introduced to them Bitcoin, as they always rely on the person's decision who told them about Bitcoin. Once someone told you an opportunity to change your life, you would put some effort to do your own research and study it. It might take a long time to reach it but starting with nothing but knowledge is already a good investment for yourself. I suggest to take some part time job so you would have money sources for investment to Bitcoin. You should thank you teacher for introducing you Bitcoin. Good luck in your journey in this industry!

It's good that I saw your post because I will also play as the devil as well because as much as I want to see people investing into Bitcoin, I don't also want them to go all in into Bitcoin, investing all of their money, selling their belongings just to have money to invest into it, and just hoping that they'll get profit into it.

I mean there is nothing wrong with investing into Bitcoin, but at least learn it. Learn the risks. Learn how it's price moves because sometimes, newbie investors are getting overwhelmed once they see their crypto portfolio down double digit percentage in just a span of 1-2 days. People see Bitcoin as like the solution for their financial problems. People see Bitcoin as like the solution to their poverty where in fact it isn't because it wasn't created for that reason.

Bitcoin is the way? It might be, but it isn't the "only" way to prosperity. There are many assets that can give you profits as well. It would be better if you just diversify instead of just putting your money into one asset class. Always invest in long term if you want to make profits with Bitcoin.

That is a good plan @ O.P and I wish you the best as you strive to achieving your dream to financial freedom with Bitcoin investment, but I will love to add a little piece of advice to what your teacher just told you, as to invest only an amount of money you know you will not be in need over a long period of time, and to invest like 1-10% of whatever money you may be earning, so that it doesn't affect you as a student, because being a student really requires money for food, textbooks and...e.t.c

Secondly, if you think the fees of transferring  your Bitcoin from one wallets to the other is little bit expensive for a small investment within the range of $5 to $10 weekly or monthly, you can try using Binance, as you can buy using p2p and still hold your Btc on it.

I understand that it is not going to be easy for a lot of people to invest into bitcoin with all they have, it would be risky and dangerous and not everyone has the same level of stress for it. I got used to it over time and I can do it without blinking an eye and it is not really a big deal for me, but this is me and I am not everyone so it is not going to be that easy and we are not going to see everyone reacting the way I do.

This isn't because I am some sort of great trader or investor, that's mainly because I have been around for far longer than most other people and investing wasn't easy at the start for me as well, then it became easier over time, given enough time to those people they would have the same result as well but they would need time.

This speaks of volume and as you have said, our success depends solely on our actions and efforts to achieving our goal and purpose. Bitcoin is still in it's early phase because I believe not upto 0.01 percentage of the world population have adopted bitcoin (correct me if I am mistaken with respect to the world population percentage)
Although the earliest adopters have benefited hugely from it but still then, there are still Huge benefits from bitcoin as it is gradually growing in price value. OP would need to focus on it if he or she wants to get something out of it with commitment, drive and passion for it, definitely the outcome or result would be worth it.

investing in bitcoin is of course very risky, but indeed in any business there is always a risk as well as investing in btc which will definitely be risky. but indeed if our want to be successful we have to take risks, and I think what you are doing is a good thing because you are planning to hold btc for the long term so at least you have hope for a better future. I hope that you will benefit from your investment.

Learn everything your teacher says, he has paved the way for you to make money from technological progress. Bitcoin can bring profit if you understand how to use it, the biggest advantage you have is having a mentor who is very friendly and understands your family's condition. All types of investments have risks, so basic knowledge is needed in investing to avoid risks that can come to you at any time.
The best way you can invest slowly depending on your financial condition, the money you collect little by little can be stored in the form of Bitcoins in the long term. Try to do as your teacher said, you will feel great benefits when Bitcoin has reached a new ATH.

You have a good teacher giving you a cell phone so that you can make good use of your cell phone.

I think your teacher is a BTC investor I think you can add knowledge about BTC to him, by investing in BTC of course you can potentially get profits in the future, provided you also have to be prepared for the risk, because we won't know the price of BTC in the future front. By using half of the money you have from your hard work to invest in btc, of course that is a good thing because investing in btc will be very good if you use idle money.

It's good to see that your teacher has advised you about investing in Bitcoin, I would like to know more about how they learnt about Bitcoin in the first place. Now you should also be careful whether you are getting a steady source of money to buy Bitcoin and if not you should get a job to stabilise the daily or monthly income first. Then start investing on Bitcoin.

Also don't be stubborn to always buy but also buy back and sell to make sure you are taking advantage of the profits.

Well that's one hell of a rare teacher, there are millions of teachers who still reason by the old ways, go to school, become a lawyer or a doctor, I am thinking that this teacher is a smart one, his way of reasoning is surely not like the others.

I expect someone like him to tell OP to face his or her studies and stay away from anything that's not government-approved, he is lucky he have a good teacher, if not, he would have been discouraged.

Let's hope his plan goes perfectly executed and his dream comes true, I have all my hopes on Bitcoin too, and can't wait for 2025 to bring me amazing gains.

I can see your burning desire to escape poverty is high going by the way you've expressed yourself through your post. Your hopes are high and it's not bad to have high hopes on something especially for bitcoin which is legit but did your teacher also schooled you on the challenges that accompanies bitcoin investors. Did he said anything about volatility to you?

More so, bitcoin investment is not only about putting in money it also task  patience from you, and when I say  patience I mean a long time with your investment portfolio and some people in the mean time claim to have the patience to hold but later deviate because they lost patience after volatility might have made a mess of their target years with a long bearish market.  If you can give 5-10 years time with a good investment portfolio in bitcoin your dreams could come true.

There is no denying that the potential of bitcoin is huge and the price increase is almost certain, but after all, we have no proof for that and it is all hope. So putting all hope in bitcoin is not a wise decision. I mean, if it doesn't go as we expected, we'll be very disappointed. So always prepare yourself with a plan B so you don't have to be too confused if things don't go as planned. All predictions and expectations point to 2025, but what if bitcoin doesn't rise by that time? Would you still believe in bitcoin and keep holding it? We need a plan for that.

Don't just hope that other people will be able to benefit from long-term investments in Bitcoin, but if you already have the financial ability and knowledge to understand the risks of investing, try investing yourself and then hope for profits because it will be much better than you pray for people others for profit. Apart from that, the person you are praying for will also not give you anything after he makes a profit, so move and pray for yourself in any case including Bitcoin investment.

Risk is something that must be faced in several ways, and as long as investors understand this very well, I think any investor will continue to invest without listening to unfavorable words from other people. Now this is still a pretty good opportunity for everyone to continue buying Bitcoin as seed capital for investment in the next year, because talking with evidence is something very extraordinary than just talking without doing anything.

It is true that we should focus on our investments rather than worrying about others because this is the financial market, it is no different from the battlefield, there will be winners and losers.  but not everyone is our enemy, and it's not always a bad thing for us to share or comfort someone, so you don't have to be so harsh about it.

If we want to succeed, we need to accept challenges and risks.  I have yet to see anyone succeed without trade-offs, so while investing in bitcoin is risky, the rewards are well worth it.

Investing for 2025 is short term planing and if Bitcoin didn't pump in 2024, as a determined dreamer you have to continue holding. Investing in Bitcoin should be for future profits and that future doesn't have a date but until you become profitability to your target then it's the future.

You don't have to do too much to be profitable in your bitcoin investment, all you have to do is invest and hold and to achieve that you need to have other sources of income. Depending on just bitcoin for suitability is wrong because the market is very unpredictable  and volatile.

All those that hold bitcoin and don't get easier scared by the market volatility will make profits in the future if you want to be among those set of people you have to invest in Bitcoin and keep holding until the market gives you profits you expected when you invested into Bitcoin.

OP's story is probably fake as there were no responses in this thread. It's just a story meant to earn merit, a post and forget kind of thread.
One one hand the guy has no money for basic needs, on the other he has money to invest in bitcoin. That's a very rare case.

Another question I'd like to ask OP is:
If you had to cancel studies due to lack of money and came to own some in the coming months, would you invest it in bitcoin or go back to school?
Unfortunately, he won't come to answer as he hasn't posted anything for weeks.

I really appreciate your decision to choose Bitcoin as a profitable investment place. Your understanding of the potential and risks that can arise from investment will make you stronger when you face pressure that you never expected before. The movement of Bitcoin which is always fluctuating makes Investors need to be patient and not easily panic when the market is in the red, trust in Bitcoin will provide peace when a value dump occurs. Continue to fight for your financial situation, your trust in Bitcoin will lead you to a better financial increase when the price reaches the point you want.

I can see your persistency to change your current financial situation. And it’s a good thing that you discover bitcoin  and decide to make it as your side hustle. However, my only advice is that do not just earn money to invest in bitcoin. Bitcoin investment cannot guarantee when you’ll be in profits so don’t take it too serious but instead, focus on earning so you can continue your schooling. If ever you succeed in your education and you got a stable job, maybe that could be the best time to invest some of your spare cash and make bitcoin as an additional source of income.

While you pitch your tent in a growing world order, it’s important to note that, bitcoin and other cryptocurrencies within the crypto space doesn’t have or serve any guarantee of wealth within a definite period for a people. It doesn’t even provide continual and periodic income not except your best at what your doing in the form of trading but, we all know no one could be much of an expert in that. It’s always a make some wins and some loses for most.

It remains a welcomed idea to take up bitcoin investment but, it would be a best idea to diversify into other forms of making and supporting a livelihood to sustain you through a wait time on the target value or plans for your hodlings.
This involves you having other businesses, developing a skill in which you can monetize and more of those to support yourself and family.

Absolutely right. Bitcoin will never be the only solution to your problem, but your positive mindset and dedication to bitcoin will lead you to your future success. So just grab every opportunity that comes especially if it concerns bitcoin. One day, you will be amazed that all your hardwork and efforts have finally paid off.

However, do not just limit your dream into bitcoin. While you are still young, continue to chase your dream with all the opportunities coming your way. If it’s not bitcoin, then it’s okay, after all it’s not only bitcoin that will determine your fate, but your own passion and persistence will definitely make it happen.

so meaning you displace your studies ? and start investing instead? and one thing , Why not do that Agricultural works before you learn Bitcoin ?> meaning if you did not come to understand the importance of bitcoin you will never try to find ways to earn money to sustain your poverty ? sorry but this comes to me after reading your whole post.
at first I was amazed by your dedication but eventually when you mentioned about just when you wanted to invest in bitcoin you start farming others land , that made me think of your Laziness before bitcoin comes to your life.
things that I have second thought  if what you are saying here is legit and truth , sorry but thats the way i find it mate.
That is completely my POint , because he said that he can earn money in farming so why not he did that sooner so maybe he is still studying now instead of waiting for the smart phone given by his teacher to start learning bitcoin.

we cannot live in Bitcoin alone , we need to do our move in real life and Bitcoin will be our reserve investment for the future .

When I read carefully what OP wrote and I also see a point that doesn't make sense. If his family is so poor that he has to drop out of school, where is the money to invest and use that little money to invest while his family can't even eat? Is that a good thing? Although, bitcoin investment is a solution to help us improve our economy, we should only consider investing when we have provided enough daily needs, do not force parents and families to starve, and use that money for investment.

I also agree with you, bitcoin is just a reserve investment, it is not a tool to help us get rich without labor, a main job that provides a stable income needed rather than a bitcoin investment.

Congratulations when you start to realize how important it is to invest and in my opinion investing is not only in Bitcoin which can provide future benefits to you but many other forms of investment that can also provide benefits, even when you want to use the money from your work in agriculture to take courses so having skills that will make it easier for you to get better-paid workers is also an investment, even in my opinion this is much more profitable than just focusing on Bitcoin because you want future profits, because with the current economic status you are experiencing there will be opportunities for you to sell Bitcoin is when something is very important even though the price is dropping so it intends to make a profit but on the contrary, but this is not because I don't trust Bitcoin but apart from investing you also have to understand the characteristics of the crypto market which is always full of manipulation and those who have big money often become the winner, but whatever your decision is congrats because you are better now and in the futures by starting to invest.

My advice to you is to check microwebsite(s) like fiverr or better ebay since, you are into agriculture.

Perhsps, you could target a specific group of people on ebay who are facing agricultural challenges. Come up with plan to sell/supply agricultural item's to them after proper RESEARCH. Then, you can use incoming income from this avenue to invest into btc.

But, pls donot use your hard earn money from the agricultural project which is might to take care of your your family for this **experiment**.

As you can see. Nobody can guarantee what is going to happen within the next  6 - 10  months. They are mere speculation(s).

Regards
Bitcseo

There's nothing wrong with sharing knowledge and entertaining others, besides, it's also not a problem to think about because it's only for entertainment. But in this case I only suggest that while entertaining other people we ourselves must also be entertained and motivated to invest if we want our future to be brighter. And I don't think it's too hard even though the tone of my suggestion was a bit louder, but on purpose I didn't try to make it sound louder.

For this matter I also very much agree because the compromise you mean is the interaction of mutual learning from various groups with the aim of increasing knowledge before carrying out execution on work in order to increase income. Because most successful people are people who dare to accept challenges and also dare to take risks in a job, so I also agree with the point you are saying.

Upskilling classes can be a good investment, especially in tough economic times.

However, Bitcoin, the first cryptocurrency, has grown and has great potential. Bitcoin's decentralized structure offers an escape from our frequently shaky banking institutions and inflation, but large holders can influence the crypto market.

Understanding crypto market nuances is essential. Though major players have influence, a well-informed investor can identify possibilities. In the end, diversifying investments in Bitcoin, other assets, or oneself is crucial to financial success.

That's what I'm talking about, many people are putting all their faith and hope in 2024 and they think bitcoin will hit a new ATH to bring them financial prosperity. But the future is unpredictable, so be prepared even if bitcoin doesn't rise and doesn't hit ATH in 2024. We should also continue to be consistent about holding bitcoins for much longer, and to do that we need a job, or other source of income other than bitcoin. Don't just focus on bitcoin and depend on it only in the short term.

what we can see here completely? is a Merit farming post that only created with story telling and nothing truth ,
because like what i have mentioned is that He only learn or find a way to earn money because of His interest in Bitcoin but before that ,
he cares about everything ?
this is a complete nonsense , It must be better if he told us that he is farming the land but since it is a small earning and wasn't enough
to sustain their needs in living , he decided to stop schooling for a while to focus in investing.
and when he finally earn the good amount then  he can continue studying with interference .

it remain me about my effort to understand about what is bitcoin. first time I know about bitcoin is when I am so busy with my job and other plan, I tried to read an article about what is bitcoin but I only have very little of spare time, at that time I only can read that article in a room that feels a bit hot and I only have few minutes, I remember that I was so exhausted at that time but now I am so grateful that I didn't give up and keep learning about bitcoin. now bitcoin already change my life and safe me from poverty.

in this case op is very lucky because he has a good teacher because he has given cellphones and insight about btc, yes, indeed in this case long term investment in btc is a good thing and if op continues to buy btc in installments of course btc op there will be more and more so op has the potential to benefit in the future, but of course op have to buy when the btc price is dropping and have to use the dca system.

Your narrative is really moving, but to put it another way, you're not financially secure, even if you depend on your hard work in your agricultural business. That piqued my interest, but I'd like to caution you against taking a chance because investing in bitcoin has a higher risk than you may realise. Given your circumstances, you should invest in your income rather than bitcoin.
 Because it's risky and because of your issues and uncertainty, you could have to wait a long time to earn some money using bitcoin in order to meet some necessities. So, my dear buddy, before you invest, aim to make yourself and the people you love stable. 

In my opinion, in various types of investment, there is certainly a risk of loss and profit that an investor will get, but what makes this happen is of course the investor's understanding and knowledge in the field of investment they are making, if they are able to understand the type of investment they are making, of course they will can minimize the possibility of losses that they will incur because they understand it well, so it is very important for novice investors to be able to understand it well if they do not want losses from the investments they make.

While thinking about investing in bitcoin is a wonderful idea, keep in mind that it is not a "do or die" decision. If you lack the financial stability to meet your demands, you shouldn't invest in bitcoin while going hungry because the cryptocurrency is here to stay and you can always buy it later. The only issue is that, in comparison to investing now, you would have to pay more for bitcoin at that point because its price may have increase. This would limit your potential profit. You too can start little and keep accumulating, and you'll be shocked at how much bitcoin you've gathered over time. The majority of bitcoin holders started small and added bitcoin bit by bit according to what they could afford slowly expanding over time.

Your advice "before you invest, aim to make yourself and the people you love stable." really got me.

Prior to making any kind of investment, including bitcoin, it is crucial to establish your financial stability, but most individuals are obsessed with making investments even when they are not. I'm not suggesting you have to be wealthy to invest, but you should know that even while bitcoin is the safest and most profitable alternative for those in less fortunate circumstances, it still carries some risk, so you should only invest money you can afford to lose. The only time to start thinking about investing is when you can manage your income to meet your needs. Using the DCA strategy, we can gradually accumulate bitcoin with small amounts by setting aside a certain percentage of our income on a regular basis (weekly or monthly), depending on how we earn.

Op plans to hold bitcoin for a long time, so the risks associated will lessen. This is a smart idea since after a few years, he would have gained a respectable return for himself, so it is worth the risk. Bitcoin is beneficial making investing in it incredibly worthwhile. I would advise him to properly handle the money he receives from agriculture, allocating a portion to bitcoin and utilising the remainder for personal expenses. Financial requirements will always arise, regardless of how you choose to address them, thus it is also worthwhile to take the chance and invest in bitcoin.

Bitcoin offers more than that you mentioned,you really have a lot to unravel learning about bitcoin.In as much as you're interested and excited and you have the opportunity to get to know bitcoin.Its going to be an interesting  learning process for you to start,just in case,make sure you seek advice from bitcoin expertise so you don't go off track.

 I believe it truly it is as long as you work hard on it until you reach your certain desires and goals in life. Bitcoin will eventually help you prosper in life but know that the process is not easy but tough, and the only way you’ll succeed on it is by learning to overcome all the risks and not show signs of quitting.

However, knowledge and persistency to move forward is at its utmost important. Otherwise, if you are weak and you’ll be easily ruined by your losses and failures in your bitcoin investment, you will never end up successful and will not prosper in life.

Well, salute to your teacher first of all, because he is the one who influenced you in bitcoin, and it's a good thing there is someone that is willing to guide you or teach you about bitcoin. It's rare that there is someone as your teacher, ready to help those in need and using bitcoin for that. Your teacher is right, you can earn a lot of money in bitcoin if only you have time and effort to spend on learning first rather than executing right away.

I salute you for your dedication to learning about bitcoin, as you have a weight you are carrying and your concern for your future and your family. Keep at it. I know you can earn a lot if you keep on improving yourself. As you said, you know the risk, and that is enough for you to be strong and witty in bitcoin at all times. Anyway, good luck on your journey. The forum and its members are always here to give more information and opinions.