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Author Topic: Farmer's Bitcoin Investment  (Read 741 times)
stomachgrowls
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July 19, 2023, 08:25:47 PM
 #41

In real life I am a farmer.  Working all day in the farm. My uncle was also a farmer. He came to know about Bitcoin from his friend around 2019. His friend told him that Bitcoin can earn money.  So he expressed interest to know more about bitcoin, his friend told him details about bitcoin. His friend also told that there can be profit or loss in bitcoin investment. After knowing all the content, he kept some money from his savings and invested the rest in bitcoin.Then around 2021 he earned a good amount of money from Bitcoin. With the earned money he bought land in his area. His success made all the farmers in our area interested in Bitcoin investment. With the help of my college teacher, all the farmers in the area formed a cooperative society. And  Slowly save money. Then invest that money in Bitcoin. I am one of them.

 Bitcoin may be worth 100k$ around 2025. Then maybe we can earn from Bitcoin.  And we can go further in agricultural development.
As long those fellow farmers do know about the risks involved then it is really just that fine because in any investment theres always that risks and come to mind that there's no assurance into it when it comes to profitability

and this is why those people should really be expecting something into those unexpected things that might happen ahead. Assuming about $100k in 2025 is plausible and could really be able to achieve, we are all hoping for the same thing with the kind of price.How much more if it would be able to reach out $200k or more? No one really knows though on what would be the price it would really be able to hit up but at least
you and your fellow farmers did really take up such risks on accumulating Bitcoin for the sake of investment and having that savings but of course better be wary about the risks.

It is really that good to see that there would be having new people would really believing about the relevance of Bitcoins existence but usually this would really be focusing that much on earning money
on which i couldn't really be blamed out with those kind of approach.

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July 19, 2023, 08:51:43 PM
 #42

Props to that friend of his then, coming in just in the nick of time to prepare his friend for the biggest boom in cryptocurrency history. I hope (just as much as the people around here) that Farmers see how important investing is more than quick profit. Money may come and go but if you make it work for you it's never getting away provided that you gauge your risk tolerance and all that. I wouldn't be very certain about certain stuff however like bitcoin reaching 100k in 2025 although I hope it does, cause if things go south and bitcoin falls short even just by a couple thousand dollars it would mean bad business to you especially if you made all these people hold on to that hope. Anyway, I do hope we all succeed. Few more months til 2024 comes in and the halving arrives, let's brace ourselves and hope for the best.

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July 19, 2023, 09:10:11 PM
 #43

In real life I am a farmer.  Working all day in the farm. My uncle was also a farmer. He came to know about Bitcoin from his friend around 2019. His friend told him that Bitcoin can earn money.
It’s nice that your uncle adopted bitcoin when he was introduced to it and he made use of it well, am sure if bitcoin is being introduced to a farmer in my society, they will reject it, most of them will be scared to lose their money, but your uncle has the mind to trust bitcoin and he invested in it, then he really tried and the risk he took really paid him.

His success made all the farmers in our area interested in Bitcoin investment. With the help of my college teacher, all the farmers in the area formed a cooperative society. And  Slowly save money. Then invest that money in Bitcoin. I am one of them.
From what you just said the farmers picked interest in bitcoin investment just because of your brother that was successful and bought land with the money he made from bitcoin, so from your story those people that investing in bitcoin are doing just because they also want to make money, am sure most of them don’t really know about the risk that’s associated with it, and if you can tell them about the risk, they won’t still believe the person, but I just hope some of them won’t end up being disappointed at the end.

Bitcoin may be worth 100k$ around 2025. Then maybe we can earn from Bitcoin.  And we can go further in agricultural development.
Nobody knows what bitcoin will worth by 2025, we are just in 2023 and you are already talking about 2025, it’s better you don’t tell people about the price you think bitcoin will worth by 2025, or you shouldn’t  put hope on bitcoin to worry $100$ by 2025 because you might end up being disappointed if bitcoin those not get to the price. We all know bitcoin will get to the price and it will even go above but nobody knows when that will be so our expectation shouldn’t be too high.

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July 19, 2023, 09:29:19 PM
 #44

I am glad to see a farmer turning into a Bitcoin investor but I believe you need to learn some fundamental aspects of BTC and the beauty of its technology which I believe is what you need to fall in love with not the chance of earning money through BTC.
Having said that, the best profit in BTC is made if hold for the long-term, not the type of investment you accumulate when dip and sell everything when it's ATH price.

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July 19, 2023, 09:47:23 PM
 #45

Your uncle was lucky that he invested in Bitcoin at that time and he decided to take profits in 2021. He invested in a proper way that he use the money from his savings, not the money for the basic necessities. As long as you understand about the potential and the risks of Bitcoin investment, no problem to follow your uncle in BTC investment. However, if it is the first time you invest in Bitcoin, you need to learn more and more. And don't hurry to use big funds, don't be too obsessed about the success of your uncle.

Bitcoin may be worth 100k$ around 2025. Then maybe we can earn from Bitcoin.
Sure, you should have a chance to earn money from Bitcoin. However, you mustn't expect too much about BTC to hit $100k, no guarantee for it. The next ATH will be unpredictable, you need to have a preventive plan if BTC can't achieve $100k. Personally, I will start to take profits gradually when the last ATH is reached.

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July 19, 2023, 10:06:03 PM
 #46

I am glad to see a farmer turning into a Bitcoin investor but I believe you need to learn some fundamental aspects of BTC and the beauty of its technology which I believe is what you need to fall in love with not the chance of earning money through BTC.
Having said that, the best profit in BTC is made if hold for the long-term, not the type of investment you accumulate when dip and sell everything when it's ATH price.
For sure there is no limit to who can use or invest in Bitcoin, indeed Bitcoin is for all, and farmers are not excluded.

In real life, I am a farmer.  Working all day on the farm. My uncle was also a farmer. He came to know about Bitcoin from his friend around 2019. His friend told him that Bitcoin can earn money.  So he expressed interest to know more about Bitcoin, and his friend told him details about Bitcoin.
 Bitcoin may be worth 100k$ around 2025. Then maybe we can earn from Bitcoin.  And we can go further in agricultural development.
There Op,  ensure you undergo the proper learning process so you get to understand Bitcoin better and invest wisely because you are dealing with a volatile market, which means you may buy today, and tomorrow the market is down.
Lastly, patience is the key to achieving success with your investment in Bitcoin,  don't invest and expect to get rich tomorrow, therefore buy and Hodl.

R


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July 19, 2023, 10:25:38 PM
 #47

In real life I am a farmer.  Working all day in the farm. My uncle was also a farmer. He came to know about Bitcoin from his friend around 2019. His friend told him that Bitcoin can earn money.  So he expressed interest to know more about bitcoin, his friend told him details about bitcoin. His friend also told that there can be profit or loss in bitcoin investment. After knowing all the content, he kept some money from his savings and invested the rest in bitcoin.Then around 2021 he earned a good amount of money from Bitcoin. With the earned money he bought land in his area. His success made all the farmers in our area interested in Bitcoin investment. With the help of my college teacher, all the farmers in the area formed a cooperative society. And  Slowly save money. Then invest that money in Bitcoin. I am one of them.

 Bitcoin may be worth 100k$ around 2025. Then maybe we can earn from Bitcoin.  And we can go further in agricultural development.
Great, not only rarmer all people can invest on bitcoin. It is open for all. But farmers are investing on Bitcoin it is great news for us. I think it is good sign foe bitcoin. Because  it proved that all kinds of people are coming and investing on crypto currency. Bitcoin is boss of all cryptocurrency. So i think bitcoin is best for investment. Day by day many people are coming on this market. I thin a day is coming when most of the people of the world will involve in crypto specially Bitcoin.

And congratulations Thats brother who bought land from Bitcoin profit. I think thats land will very helpful for him because he is a farmer.

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July 19, 2023, 10:58:13 PM
 #48


 Bitcoin may be worth 100k$ around 2025. Then maybe we can earn from Bitcoin.  And we can go further in agricultural development.

It is highly possible since $2025  should be the time for Bitcoin to break its ATH in reference to its former cycles.  If Bitcoin reach that amount then it is not a maybe anymore but a certainty.  I hope that you will be successful with your investment venture through Bitcoin.  Don't forget to DCA in order to maximize your possible profit.  And if you can, try to learn trading because trading is where the maximum profit happen.  It maybe risky but the it is worth the risk if we happen to understand how trading works and find the price pattern of BTC market.

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July 19, 2023, 11:38:21 PM
 #49

Bitcoin is known to it's price volatility.its value can fluctuate significantly for short period of time,which can result to it substance gains or loses.farmers,like any other investors should be prepared for this volatility and assess their risk tolerance before investing.
Farmers should diversify their investment profiolio to reduce risk.relying solely on Bitcoin or any single investment is risky.its advisable for a farmer to consider a well rounded investment strategies that includes various assets classes such as stock, bonds, commodities ,or real estate to spread out their risky.
Farmers should be informed of the potential risk associates with storing and securing Bitcoin, using good cryptocurrency exchange and digital wallet with strong security features to enable them protect their investment.
Farmers should stay updated on the legal regulatory aspect of Bitcoin investment in the various country or region.
Stop using ChatGPT AI to create posts. You are still a new member and I have seen your post history. Your intentions here don't seem genuine. I also know the trick you are trying to use in order to mask the AI usage, so don't think you will not be exposed.



This is a warning, next time I will just report your account if you continue posting like this.

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July 19, 2023, 11:44:58 PM
 #50

With the help of my college teacher, all the farmers in the area formed a cooperative society. And  Slowly save money. Then invest that money in Bitcoin. I am one of them.

 Bitcoin may be worth 100k$ around 2025. Then maybe we can earn from Bitcoin.  And we can go further in agricultural development.
glad to hear that because actually i rarely see some farmers so enthusiastic about Bitcoin investment because usually they believe more and are more interested in investing in gold and land and some also invest in stocks.
i really support various ways to increase development in agriculture and welfare for farmers, i hope that the cooperative that is formed is managed by competent and trustworthy people so that it really goes according to the original plan and purpose and not to deceive the farmers.
keep in mind that this is about investing in Bitcoin which is very volatile so i hope the members of the cooperative have been explained about the risks and given basic knowledge about Bitcoin too so as to avoid unwanted misunderstandings in the future if the value of Bitcoin does not meet expectations.

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July 22, 2023, 05:18:31 PM
 #51

Investing in Bitcoin is a wise decision because those who once set their sights on Bitcoin want to stay in Bitcoin forever. @OP You must be convinced that the price of Bitcoin in 2025 will double from 2021 if you invest in the present. So invest enough amount in Bitcoin according to our decision. Because if you want to invest for a long time, you can definitely get benefits and the risk will be least.
Everyone should learn from your decisions because there are definitely benefits to investing in Bitcoin. Because it is better to invest in Bitcoin than to accumulate money for a long time because from here you will get double benefit.
It's as good as saving money but a little better because it counters the inflation and allows us to multiply our money even without putting more money in it. Therefore yes, it is a wise move. Not all are fortunate in Bitcoin so some of them leave and never look back again but for those who gain a benefit, they are still there and wants to stay on here as long as Bitcoin is still profitable.

I still think that long-term investing has more risk than the shorter-terms because you don't know what's coming up ahead but despite of it, many people are still going for the long term as they think this was the only way for them to see those higher price levels.

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July 22, 2023, 07:22:58 PM
 #52

I am glad to see a farmer turning into a Bitcoin investor but I believe you need to learn some fundamental aspects of BTC and the beauty of its technology which I believe is what you need to fall in love with not the chance of earning money through BTC.
Having said that, the best profit in BTC is made if hold for the long-term, not the type of investment you accumulate when dip and sell everything when it's ATH price.
I guess must have known all this before he actually invested because before he would have made the choice he must be aware that Bitcoin is a volatile currency and there are risk that is involved when you are make an investment in btc. Making plans to secure your btc investment for a long term is what every investor must do because without proper plans the whole investment would go sideways because he will gradually temper with his investment.

R


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July 22, 2023, 08:11:36 PM
Merited by fillippone (1)
 #53

when money in the right hands it can give benefits to the world. farmer is an important job in this world I hope farmers have more capital to develop agriculture industry, I am glad to see that Bitcoin give benefits to farmers. I am not sure if bitcoin will reach $100k in 2025, I think the bullish market will be happen around 2024. one thing that technically and directly influence bitcoin price is halving and this is estimated will be happen in 2024. this is the reference https://www.investopedia.com/bitcoin-halving-4843769 . maybe the bullish market will happen before the halving.

Sepertinya sudah waktunya, kalau menurut saya lebih baik lump sum sekarang. 30/01/2024.
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July 22, 2023, 08:35:08 PM
 #54

In real life I am a farmer.  Working all day in the farm. My uncle was also a farmer. He came to know about Bitcoin from his friend around 2019. His friend told him that Bitcoin can earn money.  So he expressed interest to know more about bitcoin, his friend told him details about bitcoin. His friend also told that there can be profit or loss in bitcoin investment. After knowing all the content, he kept some money from his savings and invested the rest in bitcoin.Then around 2021 he earned a good amount of money from Bitcoin. With the earned money he bought land in his area. His success made all the farmers in our area interested in Bitcoin investment. With the help of my college teacher, all the farmers in the area formed a cooperative society. And  Slowly save money. Then invest that money in Bitcoin. I am one of them.

 Bitcoin may be worth 100k$ around 2025. Then maybe we can earn from Bitcoin.  And we can go further in agricultural development.
Great, not only rarmer all people can invest on bitcoin. It is open for all. But farmers are investing on Bitcoin it is great news for us. I think it is good sign foe bitcoin. Because  it proved that all kinds of people are coming and investing on crypto currency. Bitcoin is boss of all cryptocurrency. So i think bitcoin is best for investment. Day by day many people are coming on this market. I thin a day is coming when most of the people of the world will involve in crypto specially Bitcoin.

And congratulations Thats brother who bought land from Bitcoin profit. I think thats land will very helpful for him because he is a farmer.
Everybody can invest in Bitcoin but not everyone can wait for the price of Bitcoin to increase so that they can earn from it. There are people that don't have the patience to wait  for the market to move in the upward direction do that from there, they can earn from there holdings but in real time, some persons CA not wait that long because the money may have a budge that is meant to be used for. This is why we need to think very smartly and know why we are investing and for how long we can wait for the market so in case something went wrong taking longer time for the market to balance up.

.
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cryptomaniac_xxx
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July 22, 2023, 09:33:07 PM
 #55

In real life I am a farmer.  Working all day in the farm. My uncle was also a farmer. He came to know about Bitcoin from his friend around 2019. His friend told him that Bitcoin can earn money.  So he expressed interest to know more about bitcoin, his friend told him details about bitcoin. His friend also told that there can be profit or loss in bitcoin investment. After knowing all the content, he kept some money from his savings and invested the rest in bitcoin.Then around 2021 he earned a good amount of money from Bitcoin. With the earned money he bought land in his area. His success made all the farmers in our area interested in Bitcoin investment. With the help of my college teacher, all the farmers in the area formed a cooperative society. And  Slowly save money. Then invest that money in Bitcoin. I am one of them.

 Bitcoin may be worth 100k$ around 2025. Then maybe we can earn from Bitcoin.  And we can go further in agricultural development.

Here in our country, farmers have what we call a "cooperative", so it's a group wherein they can borrow money with interest of course so that they can continue year in, year out farming.

But it's good to hear that if they are going to form a cooperative but this time, the aim is not to borrow money, but to save and re-invest it to bitcoin. And hopefully the people behind have true intentions to invest it and not to scam other farmers, just saying. So kudos to you and your uncle as this is another use case on how bitcoin can help or alleviate people's life.
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July 22, 2023, 09:37:12 PM
 #56

You were taught about Bitcoin by your teacher who gifted you a smartphone and now by your uncle who is a farmer.

I buy benefit of the doubt to believe your stories are real and don't say you are a liar or fiction story teller. Hopefully I won't read more stories about some other guys who work at other professions to teach you about Bitcoin because it will come to a point hardly to believe in your stories.

So far you tried to created 5 topics and you only have 9 posts which show that you intentionally to create topics and most of them are stories. Rather than doing so, you should read more, create less topics, and focus on learning. If you see someone needs help and you can help, help them out of their problems. It's better than creating non sense topics.

You can recognize OP in his fiction. I'm not sure why he would purposefully lie to us about something he never did.

What I can deduce from the OP story is that it is a made-up story. How is it possible that a college student from a few weeks ago, whose parents were unable to pay his tuition and who had assistance from his teacher, is now a farmer in real life? It seems like the OP has forgotten so quickly what he informed us in his post a few weeks ago.

There are a lot of questions we should ask OP, but let's wait to do so until after he attempts to write another piece of fiction.


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July 22, 2023, 09:44:10 PM
 #57

In real life I am a farmer.  Working all day in the farm. My uncle was also a farmer. He came to know about Bitcoin from his friend around 2019. His friend told him that Bitcoin can earn money.  So he expressed interest to know more about bitcoin, his friend told him details about bitcoin. His friend also told that there can be profit or loss in bitcoin investment. After knowing all the content, he kept some money from his savings and invested the rest in bitcoin.Then around 2021 he earned a good amount of money from Bitcoin. With the earned money he bought land in his area. His success made all the farmers in our area interested in Bitcoin investment. With the help of my college teacher, all the farmers in the area formed a cooperative society. And  Slowly save money. Then invest that money in Bitcoin. I am one of them.

 Bitcoin may be worth 100k$ around 2025. Then maybe we can earn from Bitcoin.  And we can go further in agricultural development.
As long those fellow farmers do know about the risks involved then it is really just that fine because in any investment theres always that risks and come to mind that there's no assurance into it when it comes to profitability

and this is why those people should really be expecting something into those unexpected things that might happen ahead. Assuming about $100k in 2025 is plausible and could really be able to achieve, we are all hoping for the same thing with the kind of price.How much more if it would be able to reach out $200k or more? No one really knows though on what would be the price it would really be able to hit up but at least
you and your fellow farmers did really take up such risks on accumulating Bitcoin for the sake of investment and having that savings but of course better be wary about the risks.

It is really that good to see that there would be having new people would really believing about the relevance of Bitcoins existence but usually this would really be focusing that much on earning money
on which i couldn't really be blamed out with those kind of approach.
Bitcoin leads this volatile cryptocurrency sea. Bitcoin farming is risky, but no risk, no gain, right? Its good they get it!

What about a $100k or $200k valuation in 2025? Its a crypto nerd's intellectual feast. Lets take a step back. Bitcoin went from cents to thousands.

We can hope and constructively criticize but not forecast the future. Possible profit? Absolutely. Amazing, right? Non-farmers may be envious.

Its not only about making money. New farmers see Bitcoin's relevance in our ever-changing financial world.

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July 22, 2023, 09:44:14 PM
 #58

As long as they know the consequences and are willing to take the risks, there are no problems with that. In fact, this is an additional investment for you that you can rely on and earn huge profits during bullrun. It is like opening another box of opportunity and it was not regretting because we believe that Bitcoin will continue to grow. Many people had changed because of this kind of investment and if it becomes successful, then this could also change your life OP and everyone who is involved in the cooperative. Risk takers gain more, that was the reality.
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July 22, 2023, 10:36:35 PM
 #59

As long as they know the consequences and are willing to take the risks, there are no problems with that. In fact, this is an additional investment for you that you can rely on and earn huge profits during bullrun. It is like opening another box of opportunity and it was not regretting because we believe that Bitcoin will continue to grow. Many people had changed because of this kind of investment and if it becomes successful, then this could also change your life OP and everyone who is involved in the cooperative. Risk takers gain more, that was the reality.
Farmers are the backbone in each and every country's economy. The hard working group getting into bitcoin and investing the profit into agriculture is really an appreciable thing. Apart from the profit and other things, the farmers coming forward to invest into bitcoin is really great. Even the technically knowledged persons doesn't have good knowledge about bitcoin, here the farmers into bitcoin is big thing. Also from the OP's statment it is clear that the farmers were well aware about the risks associated with it.

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July 22, 2023, 11:02:40 PM
 #60

In real life I am a farmer.  Working all day in the farm. My uncle was also a farmer. He came to know about Bitcoin from his friend around 2019. His friend told him that Bitcoin can earn money.  So he expressed interest to know more about bitcoin, his friend told him details about bitcoin. His friend also told that there can be profit or loss in bitcoin investment. After knowing all the content, he kept some money from his savings and invested the rest in bitcoin.Then around 2021 he earned a good amount of money from Bitcoin. With the earned money he bought land in his area. His success made all the farmers in our area interested in Bitcoin investment. With the help of my college teacher, all the farmers in the area formed a cooperative society. And  Slowly save money. Then invest that money in Bitcoin. I am one of them.
That sounds great, seems his friend did him solid by creating a firm base for you uncle to strive and now, you all have the right mindset towards the innovation although, its important you understand that bitcoin isn't all about making money from it, nope, it's a currency to be used in p2p exchange of values.

Quote
Bitcoin may be worth 100k$ around 2025. Then maybe we can earn from Bitcoin.  And we can go further in agricultural development.
Of course this is possible and over the course of the last bullrun, it was speculated but, price had yo settle around $60k for an ATH but, we look forward to a $100k mark during the next bullrun but, this too would be far from its peak and as such, yiu just might have to hold on to your holdings except otherwise.

One good thing in all this is that, you guys still got to stick to your trade and even seek expansion. Its the way to go, the world needs more food!

.
SPIN

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