Farmer's Bitcoin Investment

[Negotiation]

As a farmer, one must understand the risks before investing in bitcoin it has both positive and negative aspects. If you invest without knowing well about bitcoin, you will lose money. One of the benefits of investing in bitcoin is that the investor can profit when the price of bitcoin is high. Bitcoin should be considered an uncertain investment and its value can go up and down. Also, there are risks of bitcoin hacking and crashes and should be fully clear before investing. That's why you have to take the right decision by gaining knowledge about the market.

[HajiBagi]

Some farmers find it challenging to comprehend bitcoin. Knowing about bitcoin is advantageous for farmers because doing so will enhance your farmland or your agricultural output. One thing I don't understand, though, is whether farmers who are interested in investing in bitcoin also grasped the risks in the same manner as your uncle did. Although a farmer can do whatever it takes to become successful in the future, it would be best if you and your uncle gave them more information about bitcoin before they invested so that you and your uncle won't be held responsible if something goes wrong. Investing in bitcoin is not difficult, but the challenge lies in having the mentality to accept whatever results from it, whether good or bad, because that is the both part of bitcoin.

I didn't mean to imply that your farmer colleagues couldn't invest in bitcoin, but rather that you should be aware that people are notoriously difficult to understand. They may initially be interested, but if something goes wrong, they may decide not to do so again and may even start blaming your uncle for having introduced them to it. Therefore, in my opinion, you two should have a very good understanding and agreements to ensure that nothing will interfere with your relationships.

[Findingnemo]

I hope every former is investing their money after understanding the risks as well cause bitcoin prices are highly volatile so there will be unexpected price fluctuations so they should be should be prepared for potential losses or sudden declines in the value of their Bitcoin holdings.

Also, it is important to teach them there is nothing guaranteed when it comes to investments so their risk appetite is enough if they face loss or it will be a burden for them so anyone who is organizing this co operative investment plan should be aware of this not just blatantly invest on bitcoin because someone made money earlier.

There are risks in almost any investment. These farmers could have also lost money investing in Meta and Netflix stock. It is important to try and diversify your portfolio in order to hedge against volatility. Bitcoin is an investment with a promising future. $100k in 2025 is not unrealistic, but our investment strategy shouldn't just be based on what we wish to happen. We must be prepared for all possibilities and make responsible financial decisions.

I am trying to insult anyone just being rational by assuming the farmers OP is talking about may not have any idea about investing, volatility, potential, etc they tend to agree for this because someone in the community succeeded with this strategy so they are going for it but I am saying that at least they should be informed about the risks involved so it won't be a disaster to face if the results are not as expected.

[Sexylizzy2813]

I am trying to insult anyone just being rational by assuming the farmers OP is talking about may not have any idea about investing, volatility, potential, etc they tend to agree for this because someone in the community succeeded with this strategy so they are going for it but I am saying that at least they should be informed about the risks involved so it won't be a disaster to face if the results are not as expected.

Your opinion isn't suppose to be seen as an insult but from all you said is true because the other farmers are only concern about the profit that comes out from it but they're not really educated, like given full details about how Bitcoin really works.
I feel all they're interested in is getting the profits just like their colleague not minding the time and patience he invested before yielding profit.

[BALIK]

As a farmer, one must understand the risks before investing in bitcoin it has both positive and negative aspects. If you invest without knowing well about bitcoin, you will lose money. One of the benefits of investing in bitcoin is that the investor can profit when the price of bitcoin is high. Bitcoin should be considered an uncertain investment and its value can go up and down. Also, there are risks of bitcoin hacking and crashes and should be fully clear before investing. That's why you have to take the right decision by gaining knowledge about the market.

It doesn't matter if they are farmers or office workers or anyone but once we introduce bitcoin to them we should provide full pros and cons of investing in bitcoin. Don't just try to emphasize huge returns and ignore the risks of bitcoin because there is no investment without risk, the higher the return the higher the risk.

I hope OP knows what he's doing because giving investment advice to others is really not easy because if an investment loses, they will most likely blame the OP.

[risingtide]

Since your relatives are farmers, it might help to introduce them to BTC through its own metaphor of farming. Just as you own farming machines that thresh / plow the fields, someone interested in accumulating BTC would own a mining farm where they employ mining machines to harvest Bitcoin. If it's somewhat out of reach, there are services like https://digimint.finance that provide fractional ownership of BTC mining farms.

[cryptodude]

Village is the heart of the region where farmers cultivate crops on fertile soil. Generally farmers know little about earth technology I think it is. Yet some brave farmers overcome all the hurdles by investing in crypto currencies like Bitcoin with the bold decision to invest their hard earned money in the future. Markets rise and fall as the seasons change and their savings at one time will surely enrich future generations.

[RockBell]

As a farmer, one must understand the risks before investing in bitcoin it has both positive and negative aspects. If you invest without knowing well about bitcoin, you will lose money. One of the benefits of investing in bitcoin is that the investor can profit when the price of bitcoin is high. Bitcoin should be considered an uncertain investment and its value can go up and down. Also, there are risks of bitcoin hacking and crashes and should be fully clear before investing. That's why you have to take the right decision by gaining knowledge about the market.

Am even surprised that someone who's a farmer still has time to invest in Bitcoin, and if that is the case the dos and don't need to be understood before investing all the money gotten from farming and losing it to Bitcoin, the person that advised that farmer should better advise well, the farmer should understand that even during is farming there are years that it is abundant and there are years that the farm might not yield plenty so is bitcoin there periods the investor and their times that the person expectation will not be met so this are examples that will make everything more clear for the farmer since bitcoin does not select. CRASH is one of the risky things about bitcoin and that is just the nature of bitcoin.

[JollyGood]

Your post was in a thread that had no activity for around 7 months. What is necessary to make the post and then to get yourself noticed when you already had one neutral tag for AI posting? Now after looking at your post history I have added a neutral tag to your account. If you want to build up ranks on accounts in your farm you should be more careful.

~snip~

[Assface16678]

Well, if this story is true, then it is a good thing. It's a good start that your uncle won a good amount of profit from bitcoin, and that's when the effect or chain reaction comes in, as they will be influenced to also engage in something that is complex to them. Luckily, they have someone that guides them and teaches them the necessary things they should know when investing in bitcoin. Bitcoin may be tricky and dangerous, but it can be a good investment. With the right execution and guidance, you can earn as much as you want, and it might change your life. And your uncle showed more good potential in investing as he bought a land or invested in a land so that his income would not only come from bitcoin but also from the agricultural side. Bitcoin is also long-term, and with more investment, you can secure your future with a good living.

[Tipeform$]

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.

You have taken a very good initiative but of course anyone with bitcoin deposits should be very careful. He should be so aware that Bitcoins are very safe. There may be many people here who are not very experienced about bitcoins but from here his acquaintances have made money and bought land by investing in bitcoins because of which he must be assured in the investment. Educate people who are investing in bitcoin gradually about bitcoin investment by educating them about all the rules and regulations of bitcoin investment and volatility of bitcoin market Hope your investment will be successful soon.