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Topic: Farmer's Bitcoin Investment - page 3. (Read 676 times)

sr. member
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July 23, 2023, 10:34:56 AM
#71
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.
hero member
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July 23, 2023, 10:09:45 AM
#70
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.
sr. member
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July 23, 2023, 09:59:04 AM
#69
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  Huh

These things are going over my head I think I should study with that teacher of yours too  Smiley
sr. member
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July 23, 2023, 09:41:58 AM
#68
~~

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.
hero member
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July 23, 2023, 06:51:18 AM
#67
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.
member
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July 23, 2023, 04:35:57 AM
#66
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.
sr. member
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July 23, 2023, 04:21:46 AM
#65
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.
sr. member
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July 22, 2023, 07:47:14 PM
#64
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.
member
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July 22, 2023, 07:42:34 PM
#63
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
hero member
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July 22, 2023, 07:25:48 PM
#62
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.
legendary
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July 22, 2023, 07:18:31 PM
#61
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.
hero member
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July 22, 2023, 07:02:40 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!
legendary
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July 22, 2023, 06:36:35 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, 05:44:14 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, 05:44:10 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.
sr. member
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July 22, 2023, 05:37:12 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.
hero member
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July 22, 2023, 05:33:07 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, 04:35:08 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.
full member
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July 22, 2023, 04:11:36 PM
#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.
sr. member
Activity: 490
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July 22, 2023, 03:22:58 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.
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