Topic: Farmer's Bitcoin Investment - page 4. (Read 676 times)

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.

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.

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.

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.

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.

For sure there is no limit to who can use or invest in Bitcoin, indeed Bitcoin is for all, and farmers are not excluded.

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.

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.

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.

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.

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.

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.

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.

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.

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.

The collective part looks to be just a little useless. If you have 100 dollars and put 10 of those together, that's 1000 dollars all together, if you guys make %10 profit ,the one with 100 dollars will get 10 dollars profit, they can do that all by themselves without getting together as well. I would understand buying something, that way they could make some money, not bitcoin but like land or something, in order to have enough money, otherwise there is no point of that at all. I believe that we need to make sure that we can make some profit one way or another, and this is not the way. However, rest of the story sounds lovely, of course buying bitcoin will make your life better if you can wait.

farmers might wanna sell their crops for BTC which will help the adoption of BTC as well. if I were a farmer that's what I would do too. going to the farmer's market and displaying just the BTC QRcode for the payment right in front of the pumpkin stand.  

money in the banana stand was so yesterday. we can by then say Bitcoin in the Farmer's market.

the story you tell is really inspiring, even though you are a farmer but your belief in bitcoin will have a value of $ 100k in the future is very large. in this world trust is very important, but not everyone can be successful in bitcoin, there are various influencing factors such as impatience - FUD - and loss of assets (due to hacked or lost phrase key). I hope the education you get about bitcoin keeps your belief in it consistent, and stay passionate about spreading the inspiring story of bitcoin.

It is good to see that people are sourcing these information and making positive investments, hopefully everyone is aware of the risk and the proposed tax that would be payable depending on the country of origin with your investment and $100k is the predicted valuation after the next halving if everything goes well including the global financial market, one thing is certain that you will not end up in a loss if your entry level is good even if it does not touch the expected valuation.

Well, this is a good idea which is to engage with other field of investment. But what makes this wrong is the impression that "Bitcoin can earn money". Indeed it is a profitable asset to have but always be mindful of the risk. We all do have positive assumptions on its market value but those are just mere speculations. No one knows what could happen in the future and no one will, unless it happen on the actual. Based on this story, there could be people to go all out with their savings which should not be tolerated. Larger investment yields to bigger profit but will also expose you to higher risk; keep this in mind.

It is quite interesting and a superb move for the farmers cooperative in your area to adopt bitcoin as a means of investment. You people should also see bitcoin as a store of value where you can invest most of your profits from your farms. I am happy that you farmers have someone to guide you through your investment. Don't forget that bitcoin is a very risky investment due to its volatile nature. A long term investment is the right way to invest in bitcoin so that you wouldn't worry about the price fluctuation. I hope that you people are also using the right wallet which is a noncustodial wallet to keep your bitcoin.

Sounds like Bitcoin is friendly to everyone and it is how Mr Satoshi might have imagined in the first place. You know all that comes down to one thing and that decentralization of the currency. This is how it is supposed to be and there should be no boundaries to who uses the Bitcoin and how they use it in the first place.

Just look at the small incident and the advice that changed your uncle's life. He even became the center point of motivation for all his other farmer friends and they also followed the Bitcoin investment. Obviously they should also be taught about the pros and cons of the Bitcoin and how much volatile is the Bitcoin investment. Since they have already got the sweet spot, they might have seen those ups and downs already. Lets rejoice the Bitcoiner like your farmer uncle and hope it grows further.

I am glad that your uncle made that much profit out of BTC investment that he was able to buy his own land because life is not same for everyone. I said it because i have seen so many TA and FA expert who know the market ups and down but still some of them are unable to make the same profit. But your uncle as a farmer was smart one because he learnt the basic content First but i have also seen many newbies directly investing in BTC.

Without getting any knowledge, but your uncle was smart. I am happy for you too because you guys have made a progressive group who really knows when to adopt something even if you guys are looking at the profits. But still your interest toward BTC will increase its demand. So i must say this is the streamlining of BTC adoption. I hope BTC would reach that target because i am also waiting for it. But still, market is so unpredictable, that's why my suggestion is do not rely only on BTC and always invest with that money which on loss will not impact your daily life.

Farmers in my country are the most selfless people. Some of them are into agriculture because of their desire to feed the people not always for profit making. They sacrifice to stay in rural areas where there is lack of basic amenities because of farming. @Helena Yu, you are speaking based on your experience in your country but that might not be the case in other countries. I have so much respect for farmers because without them, we will all be hungry.

The story also inspired me. These farmers decided to put their resources together to invest in Bitcoin. This is quite encouraging because they will benefit from bitcoin if the price goes up. As much as they are aware of the risk and are investing what they can afford then it's a good initiative. I hope everyone will get an equitable profit share when the investment becomes profitable.