Quote from: Asuspawer09 on Today at 02:34:56 PM

Quote from: Assiduous on July 19, 2023, 06:49:58 AM

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.