Wow such a good story also your uncle friend seems to give detail about profits or losses that can happen in the crypto space I will give him huge applause   In my opinion this is so cool.

Diversify is the key so if I were you I would never left my the main job but keep investing more on bitcoin  . But I think in the future there is one or more people that also dont believe in crypto.

And maybe bitcoin could grow more than 100K in future I mean I hope soo to hehhehe. and yes you can further in agricultural development when keep investing and sell at the peak

I don't know if this is a problem or not. I don't know if this is wrong or not.

People are telling to people that Bitcoin can earn them money instead of the fact that Bitcoin is just like any other digital currencies out there where you can transact using it. People are sharing the asset-side of Bitcoin rather than the currency-side, and that's why people see Bitcoin more of an asset, and not a currency. Though there's nothing wrong because I look Bitcoin both as an asset, and a currency, but I guess let's teach them the currency-side of it as well, and not only the asset-side shall we?

Well, good for you, and for your community that you have been introduced into Bitcoin, and invested into it.
I just hope that it doesn't end there. I just hope that you, and your fellow farmers will continue to learn Bitcoin, and cryptocurrency in general, so that you can make more money, and learn more from it. I also hope that y'all know the risks that you are facing right now that you invested your money into an asset that's very volatile.

Maybe, maybe not.
What's more important is you know what you will do if the best days come (bull market = selling), and what to do if the worst days come (bear market = buying). Good luck with your investment, and I have a huge respect towards the farmers TBH because I live in a community where most of the people's jobs are farmers. Respect to you all.

This is such a very good initiative and a selfless step towards success, especially for the people who are not tech savvy or doesn't even know how to operate a computer or mobile phone. The only thing that I'm concerned with in this kind of investment setup is that, all of these farmers should understand first the risk involved and they should also know the basics of bitcoin, and of course they should also have an access to the bitcoin price. One important thing about having a cooperative is to be transparent all the time to avoid conflicts. Bitcoin and cryptocurrency is a bit complex to understand for the people who do not have background in digital aspects. So, transparency is really a must.

Congratulations to your uncle, your uncle is a farmer and became successful investing in Bitcoin. You have also invested in Bitcoin at the right time, many experts have opined that the price of Bitcoin will go up a lot in the next 1-2 years. Bitcoin halving day in 2024, after every halving the price of Bitcoin has been seen to increase. Thank you to all the farmers in your area, all of you farmers have formed a cooperative society, slowly saved money and invested in Bitcoin. Keep your investment for a long time, hope to get a lot of profit. Hold bitcoins in a good wallet, not on an exchange.

Well, but from these levels it would be an X4 or X5, not like changing anyone's life, and even less if you don't want to sell everything.

Stories of this style don't usually stand up to simple mathematical analysis, but the OP's could be real, as between 2019 and 2021 the price went up considerably. His uncle could have made X15 if he bought near the bottom and sold near the top. He could have even sold part of the Bitcoin making a good profit without selling 100% of what he bought.

We will see the future, as I doubt we will have X15 returns in a single cycle. From the current level it would be almost half a million in one cycle. I hope so, but I don't think so.

He must be tired for sure because farming is not easy and he wanted a life with passive income, which for sure he is planning to migrate to other businesses, but it is really true that farming is really important, but we do have our own dreams like quitting our job now and having a business, but the point really of the OP is investing in Bitcoin because they want profit, which is passive and can add up to their capital, but the problem is that they are more focused on profit and not thinking about the risk.

Although that's most likely the situation that many of them probably haven't heard of what Bitcoin is and whether it is an investment or something they'll benefit in the future. I'm giving that idea that there could be a very few of them that's aware of its existence since I'm also going into places like remote areas and farms and there's connectivity to those areas that I've been. But you are right about that it's unlikely that many of them will dive into this investment especially if that's all that they've got during the harvest time.

I don't know how likely it is that your story on this topic isn't far-fetched - but I can put that aside and get to the positives only.

Everyone can invest in bitcoin if they have learned what bitcoins are. It is clear that bitcoin can enable investors to earn long-term returns regardless of your educational or work background. But I really find it hard to believe that most of the crop is invested in bitcoin while you need to eat and budget for other needs. Bitcoin investment comes with risks - you shouldn't ignore them so in the end you should only invest what you can afford to lose.

Traditional farmers are still sticking to the traditional economic axis and are still not interested in investments such as Bitcoin or some crypto projects that are specifically for farmers.
We as active crypto users are certainly aware of this, it is not easy for them to accept new investments because there is no guarantee, and high risks that will arise.

But if you look at modern farmers who already understand the latest technology and how to manage their finances, they might be interested.
This can be done gradually following how crypto develops in each country, because of the constraints of regulations that will be different.

This is a problem that holds everything back, but if there is no clear understanding of how the risk occurs.
Then they will only assume that the risk is very large and there is no profit to be gained.

Behind the risk, of course, there are advantages that can make the farmer's investment grow.
It is necessary to do some research so that crypto investment is suitable for farmers or other business people.