Quote from: Mr.suevie on Today at 07:22:58 PM

Quote from: suzanne5223 on July 19, 2023, 09:29:19 PM

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.

Quote from: serjent05 on Today at 11:18:31 PM

Quote from: suzanne5223 on July 19, 2023, 09:29:19 PM

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.

Quote from: serjent05 on Today at 11:18:31 PM

Quote from: suzanne5223 on July 19, 2023, 09:29:19 PM

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.