Buying Bitcoin is like planting trees

[nurilham]

If it is like planting trees, it is always good any time. So, now can be the best time to buy Bitcoin, but just buy and hold it for the short term. We are in a bullish trend, the bullish will end and the bearish to come. For a short-term asset, Bitcoin is good to buy now. While for the long-term asset, we are better to buy in the bearish season. Buy at the bottom price, not at the top price.

[AndySt]

If it is like planting trees, it is always good any time. So, now can be the best time to buy Bitcoin, but just buy and hold it for the short term. We are in a bullish trend, the bullish will end and the bearish to come. For a short-term asset, Bitcoin is good to buy now. While for the long-term asset, we are better to buy in the bearish season. Buy at the bottom price, not at the top price.

The whole question is when this bullish trend will end and be replaced by a bearish trend... In general, the trees grow after planting, only up and wide, but bitcoin is not always You just need to clearly understand for yourself how long the investment is made and outline the entry and exit points, as well as clearly understand the level of volatility that the bitcoin market implies, when a multiple of growth can be replaced by the same multiple and fall, and it is not entirely clear how long the bear market period can last. I think that right now is not the best period for a long-term purchase of bitcoin and yet it is worth waiting for a correction at least in the area of 45 thousand dollars.

[Vaskiy]

The statement has a big meaning in it. In both the ways this is applicable. Whenever a bitcoin is mined if we've planted a tree, now it could've reduced the carbon footprints drastically. Same as that if we've started investing on bitcoin, now we could've got the fruits from the tree.

Do plant trees as much possible. Recently one actor died in our country due to covid-19. His dream was to plant one million trees. He started and it reached around 50k, and as a respect all his followers made it happen within a week planting as many trees possible.

We the Bitcoiners should also do something good to the environment, because we have big responsibility being a cryptocurrency user.

[xSkylarx]

Good analogy there OP. Most of us buy bitcoin as a long term investment, we are not planning to spend it until we retire or until the value we want is achieved. We just keep accumulating bitcoin because we know that it will benefit us a lot in the future. It's like bitcoin is the tree, and we are the earth. Once those trees are fully grown it can protect well the earth like our future if we accumulated enough amount of bitcoin..