Farmer's Bitcoin Investment

[serjent05]

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.

The beauty of Bitcoin is really extraordinary but it will not feed any hungry mouth.  Besides, I do not think people who invest in Bitcoin don't think about profit.  They are invested for the sole reason of profit.  I believe it is too naive to think people invest in Bitcoin because of its beautiful technology.  If they are into Bitcoin because of its beautiful technology, investors should be users then and not holders waiting for the price to increase to take profit.

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.

Well, we can take advantage of the fluctuation in order to accumulate more and I believe it would be a waste if we don't take advantage of it.

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[suzanne5223]

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.

You have a point and according to the OP statement the farmer learns about Bitcoin through his friend since the year 2019. I am sure if he doesn't have good knowledge about Bitcoin before investing in it he won't have the privilege to earn a good amount of money as stated by the OP not to talk about teaching the OP about Bitcoin.

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.

The beauty of Bitcoin is really extraordinary but it will not feed any hungry mouth.  Besides, I do not think people who invest in Bitcoin don't think about profit.  They are invested for the sole reason of profit.  I believe it is too naive to think people invest in Bitcoin because of its beautiful technology.  If they are into Bitcoin because of its beautiful technology, investors should be users then and not holders waiting for the price to increase to take profit.

Then you understand the whole because when people fall in love with something because of money they will always chase the money aspect of it. Yes, making a profit is the reason why everyone makes an investment but when you love the project you invested in through its technology you'll have the privilege to see beyond the profit aspect and that's when the real profit will come in.

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.

Well, we can take advantage of the fluctuation in order to accumulate more and I believe it would be a waste if we don't take advantage of it.

It will also be a waste of opportunity and it may not be seen again in the crypto market.

[TheGhostMan]

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.

I agree with you that it is not necessary to know everything beforehand, as mistakes also teach us valuable lessons and you can always try again until you succeed. However, I think it is advisable to review the world of cryptocurrencies, especially in the case of Bitcoin, to have a solid foundation before investing or participating in this market.

Of course, if you enter without any knowledge, there is no problem, on the contrary, everything must be seen in a positive way, since although errors are learning opportunities, a review of, at least:

*how the cryptocurrency market works
*The volatility
*when to invest or sell
*Consider your level of risk and the amount to invest, among other aspects.

I think this would help you make more informed decisions and increase your chances of success in the exciting world of cryptocurrencies, believe me that this world opens the doors to a world of possibilities... Good post friend

[Wend]

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.

The beauty of Bitcoin is really extraordinary but it will not feed any hungry mouth.  Besides, I do not think people who invest in Bitcoin don't think about profit.  They are invested for the sole reason of profit.  I believe it is too naive to think people invest in Bitcoin because of its beautiful technology.  If they are into Bitcoin because of its beautiful technology, investors should be users then and not holders waiting for the price to increase to take profit.

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.

Well, we can take advantage of the fluctuation in order to accumulate more and I believe it would be a waste if we don't take advantage of it.

But what you say is hard to hear, but it is the truth, and the truth is always harsh. People who always think they invest in bitcoin because of technology, they support the bitcoin revolution because of its superiority...These are all blatant lies because I believe that if bitcoin is not profitable, it is a digital, decentralized currency...There won't be too many people using it.

Everyone who invests in bitcoin is greedy because they want to get rich quickly with small capital, including me. We don't have too much money to invest in real estate or gold...This is a fact that very few people dare to admit, and they always say that they prefer bitcoin to any other asset class by their own reasons.

[mvdheuvel1983]

I have the OP's story unbelievable. If it works like that then alot of people would have made good profits from Bitcoin. Sorry.
Hardly have I ever seen anyone invest in Bitcoin and made profit and then goes on to invite others. The only place where this happens is with airdrops, memecoins and other shitcoin projects. And I do not think any cooperative or union would convince their members to invest in a highly speculative and volatile asset. Farmers would rather take a loan from a bank than invest in Bitcoin for profit. They kids, they have a business to take care off and they know one silly financial mistake can make them go bankrupt. It is game they are willing to play. I'll believe the story if it is about tech people not farmers.

[Stella Mese]

Of course, anyone can invest in BTC, including a farmer, of course, he can invest in BTC as long as he knows the risks of investing in BTC. I think the activities carried out by farmers in your area are of course very good, because that way the farmer's economy will be more advanced because they get benefits not only from agricultural products, but also from investment in BTC.

this is a good topic op, hopefully btc in 2025 is more than $100k.

[yazher]

This is exactly what I have been doing to my other friends of mine and for me is different because I let them decide what they want after I explained everything they need to know and all of them didn't really care to invest until that historical bull run happens and they saw the result of my investment so they are now putting some of their money in bitcoins in case the huge increase of the price will happen again after bitcoin halving next year. There are lots of doubts and confused people due to the Ponzi Schemes that used bitcoins as their props but now, that's not the case anymore since it was all been cleared out. They are now brave enough to trust their instinct and patiently wait for the right time to sell their bitcoins.

[Bitcoin_people]

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Congratulations OP' as you are interested in investing thousands of hard earned bitcoins. Although your uncle decided to invest later after discussing Bitcoin in detail it is a good idea. But I want to tell you that even if the step you took with your hard-earned money is good, you have to accept that there are risks involved. Since you spend a lot of effort all day in farming and then making money, you need to take better steps before investing in Bitcoin. You need to educate yourself about Bitcoin first and be well-versed in Bitcoin volatility and the market. And you won't get that much profit easily by investing in Bitcoin, you must be patient to get profit. Since you have already invested in Bitcoin, I suggest you to hold it for a long time so that you can earn good money from it in future.

[Z_MBFM]

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.

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.

Your stories indicate to me that they are fake stories made up only to gain merit.  Making your story was worthwhile because you got 3 merits from these two stories.

Point 1- You are a farmer but you know about bitcoin from your college teacher. these words are not without logic

Point 2 - Your college teacher came to know about bitcoin in 2020 but your uncle being a farmer came to know about bitcoin in 2019.  Wow, now even farmers know about Bitcoin before educated people.  Meanwhile, your uncle didn't teach you about Bitcoin despite being a relative.  But your college teacher gifted you a phone and taught you about Bitcoin  

These things are going over my head I think I should study with that teacher of yours too  

[tabas]

Seems like a good story if it's real. But let's say that this story is for real and these farmers and teacher helped them to form to a cooperative and the one main goal is to invest into Bitcoin. That's a crazy idea honestly and I'd say that these farmers could do it on their own and even if they don't know that thing, forming a cooperative to invest into a highly volatile asset shouldn't be a main goal for forming it. We know that farmers aren't really compensated well and some of them are probably just renting those equipment and land and that's why, the tip that we used to say about investing only what they can afford to lose should always be remembered and told.

[Asuspawer09]

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.

I mean Bitcoin really is a great investment and he gets lucky in believing in Bitcoin when he bought it, As a farmer its difficult to get in information on the internet and his friend was really kind in teaching him about it, and he really got it since he believed on his friend advice to invest on it. I mean if you think about it your uncle probably wasn't really into new technology at that time so he's really lucky to even bought Bitcoin at that time.

For sure bitcoin will be big on the next Bitcoin halving event and I really think that the 100k$ is realistic for the next bull run, especially after the Bitcoin halving event, I just after bitcoin halving a lot of institution, banks etc is going to invest on bitcoin as well and that is what is going to boost bitcoin momentum pushing its limit and surpassing the all-time high. As long your uncle already going to earn a fair profit on this bitcoin he could already sell it at any time, but he should wait for the next bull run to see and test what is the best price to sell his bitcoin. Also, other farmers should not be greedy thinking that they might be lucky as well when they bought bitcoin, cryptocurrency is still a risky investment.

[taufik123]

Seems like a good story if it's real. But let's say that this story is for real and these farmers and teacher helped them to form to a cooperative and the one main goal is to invest into Bitcoin. That's a crazy idea honestly and I'd say that these farmers could do it on their own and even if they don't know that thing, forming a cooperative to invest into a highly volatile asset shouldn't be a main goal for forming it. We know that farmers aren't really compensated well and some of them are probably just renting those equipment and land and that's why, the tip that we used to say about investing only what they can afford to lose should always be remembered and told.

And the fact is that farmers in the field do not know anything about crypto and Bitcoin and how risky it is.
This is a very sensitive sector and is related to the main income of farmers.
We may be able to explain what the purpose of bitcoin or crypto investment is, but of course, they will not accept the risks that will be caused.

Only farmers who understand and understand crypto technology are able to implement it, but for most small farmers it is just an investment that can be detrimental.
There are even many crypto projects that want to enter the agricultural sector, but eventually have to stop due to lack of interest from farmers.
Crypto is a fairly risky investment, so anyone who wants to enter must know what the risks are and how to get profits.

[MFahad]

There is no doubt that bitcoin is a successful asset and if one make investment there is no guarantee that he will surely be a profitable. Copying others is not a good idea because if you blindly follow the path of others without knowing the fact then sometime it will become full of danger for you.

Farmer earn money because of their hard work which a normal person cannot so they should take the decision of investment wisely as if they don't success in such field then all of their efforts will become useless.

Prior to the investment one should realize the reality, basics should be learned and saved some amount for it that will not be utilize for daily expenses.

[Blitzboy]

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.

I mean Bitcoin really is a great investment and he gets lucky in believing in Bitcoin when he bought it, As a farmer its difficult to get in information on the internet and his friend was really kind in teaching him about it, and he really got it since he believed on his friend advice to invest on it. I mean if you think about it your uncle probably wasn't really into new technology at that time so he's really lucky to even bought Bitcoin at that time.

For sure bitcoin will be big on the next Bitcoin halving event and I really think that the 100k$ is realistic for the next bull run, especially after the Bitcoin halving event, I just after bitcoin halving a lot of institution, banks etc is going to invest on bitcoin as well and that is what is going to boost bitcoin momentum pushing its limit and surpassing the all-time high. As long your uncle already going to earn a fair profit on this bitcoin he could already sell it at any time, but he should wait for the next bull run to see and test what is the best price to sell his bitcoin. Also, other farmers should not be greedy thinking that they might be lucky as well when they bought bitcoin, cryptocurrency is still a risky investment.

Rising tides lift all boats. Bitcoin is the tide, farmers the boats. The Bitcoin revolution allows anybody to join and benefit. When an investment pays off, the joy is undeniable. Be joyful, but don't forget certain important considerations. In 2019, Bitcoin was new tech and difficult to grasp and enter. The friend who introduced Bitcoin sparked it. Farmers bought Bitcoin based on this friend's advice. Belief should be emphasised.

However, a warning. As this story spreads, more people may jump in without realising the hazards. Losses can be terrible. Being "lucky" isn't enough. Constructively, I would urge these farmers and anyone investing in Bitcoin to study the market, recognise the risks, and only invest what they can afford to lose.

[Awaklara]

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.

maybe the understanding of Bitcoin as a digital currency should also be conveyed to you. and maybe from the farming community in your area, you can develop how to pay for your agricultural products using Bitcoin. you should also know that knowledge.
however, it may be against the regulation in your country. and besides, there are more people around us who know Bitcoin is an investment asset. so they come to invest in Bitcoin not to use Bitcoin.

[macson]

snip
Of course, if you enter without any knowledge, there is no problem, on the contrary, everything must be seen in a positive way, since although errors are learning opportunities, a review of, at least:

*how the cryptocurrency market works
*The volatility
*when to invest or sell
*Consider your level of risk and the amount to invest, among other aspects.

I think this would help you make more informed decisions and increase your chances of success in the exciting world of cryptocurrencies, believe me that this world opens the doors to a world of possibilities... Good post friend

'you learn swimming theory first until you master it in detail or immediately practice swimming, the two look different but the goal is still the same'.

often the good things that happen to us come from accidental or also ignorance, this is the reason why each person's sustenance is different and will always be a mystery,

^{(a litte oot)} i still remember very well that there was a young man who accidentally collected dogecoin from faucets and others up to several million coins and when the price of dogecoin rose almost to touch $ 1, he became very rich in a short time.  

bitcoin will always make unexpected things, so it's very important for everyone to start investing in bitcoin from now on slowly, surely your life will change 180 degrees in the future.

[GeorgeJohn]

What I want you to understand is that, its very obvious that bitcoin investment is all amount risk purpose and you most be a decision taker before you can invest in bitcoin and propagate, the risk the first farmer took and became propagated for investment doesn't mean that bitcoin doesn't have a disadvantages, so the disadvantages this year might be higher than next year and that is applicable to the advantages, so I believe that bitcoin whosoever investing in bitcoin should learn and know the doctrine of bitcoin before investment,  because if you follow another person way of success in cryptocurrency and invest without understanding the procedures it's obvious the person might end up in losing its bitcoin investment.

[suzanne5223]

But what you say is hard to hear, but it is the truth, and the truth is always harsh. People who always think they invest in bitcoin because of technology, they support the bitcoin revolution because of its superiority...These are all blatant lies because I believe that if bitcoin is not profitable, it is a digital, decentralized currency...There won't be too many people using it.

In this aspect you because most of the people that use Bitcoin use it because it bridges the gap between border to border payments with little transfer fee but if you're talking about investment in Bitcoin I would have agreed with you that most people invest in it because of profit and the major reason why we invest is for the chance of making a profit.

Everyone who invests in bitcoin is greedy because they want to get rich quickly with small capital, including me. We don't have too much money to invest in real estate or gold...This is a fact that very few people dare to admit, and they always say that they prefer bitcoin to any other asset class by their own reasons.

No, it's not everybody who invests in Bitcoin does it out of greed since they didn't invest the amount they can't afford to lose. There's a difference between seizing the opportunity crypto presented instead of going against it as some naive people do.

[Wend]

Everyone who invests in bitcoin is greedy because they want to get rich quickly with small capital, including me. We don't have too much money to invest in real estate or gold...This is a fact that very few people dare to admit, and they always say that they prefer bitcoin to any other asset class by their own reasons.

No, it's not everybody who invests in Bitcoin does it out of greed since they didn't invest the amount they can't afford to lose. There's a difference between seizing the opportunity crypto presented instead of going against it as some naive people do.

As a human, everyone has greed and when investing, no one wants to lose money. Many people say they are investing with money they could lose, including you and me. But are you afraid of losing that investment? Definitely yes and you always want to get more out of it. Bitcoin is riskier than many other investments but because its return is very high and all want to risk to get big return to become rich. Isn't that greed?

[ChiBitCTy]

Thanks for sharing your story, this is very interesting. I am curious why you formed a “co-op” with your small society of farmers (and perhaps your teacher as well) instead of just investing on your own? I’m just curious as I’m not sure it’s really needed is it?

I would just make sure you’ve asked yourself what are the advantages and disadvantages of forming such a “co-op”.