Buying Bitcoin is like planting trees

[Kocret02]

Buying Bitcoin is like planting trees. The best time to do it is 10 years ago. The second best time is today.

bitcoin is growing every year, and the price of bitcoin in the long run will definitely increase significantly. So I think that in the current month this can be used as an option for investing in bitcoin until the future. Many speculations say that bitcoin can go up to 100% from its current price, but for the time being it hasn't been confirmed when. So I thought this could be a good reason to buy bitcoin and keep it

[gurunanakji777]

If we see the history of Bitcoin how it moves in the last 10 years. Especially last 4 years is noticeable when we witness a huge bear market as well a huge bull movement in recent time So considering this we can't imagine the value of BTC after 10 years from now. We know bitcoin has huge potential. I believe whenever you buy bitcoin is always the best time to buy in my opinion.

[jrrsparkles]

we only got 11 years of data for bitcoin's growth so we can't actually prove that 10 years is going to be enough for the investors to make their life time profitsor its just too long for bitcoin holders. Until now one who HODL longer made the most profits.

Keep HODL until you can actually spend the bitcoin not the fiat.

[fauzan123]

Buying Bitcoin is like planting trees. The best time to do it is 10 years ago. The second best time is today.

the tree-like rise of bitcoin is real and visible today. we look back 1 year ago in 2019-2020 the price of bitcoin even touched $ 7000 but now it can go up 4 times. This growth can be utilized to have bitcoin as a deposit in the future in the next few years

Indeed, the potential potential of bitcoin itself could be even higher, many are expecting that by 2021 bitcoin could touch $ 100k, who knows. It could happen, of course this becomes more potential if you start investing from now on.

[Question123]

They have same but the bad this if the people did not care about it the price dump. Last 10 years ago who are invested to the bitcoin on that year like the bitcoin is only a seed and the years goes by it become bigger and bigger and became plant and now a bigger trees I hope it will grow the price so we can earn more money by investing to the bitcoin.

[bonjouros]

Buying Bitcoin is like planting trees. The best time to do it is 10 years ago. The second best time is today.

I really like your opinion, it only means that it is not too late to buy bitcoin because there is still roam to profit even if we are going to buy bitcoin today.

It's never too late to buy bitcoin as long as you can hit also the right time to sell because it is also very important that you will know when to sell bitcoin especially if you can notice that we are very near at the peak of the market or we are already at the peak of the market. I am not so sure if there are comparisons to planting trees aside from buying 10 years ago but what is important, everyday is an opportunity to buy bitcoin as long as we are not yet at the peak of the market.

[Yatsan]

Indeed. Buying Bitcoin is like planting trees. Once you have it, you must take care of it and make sure that you can be able to sustain on holding it for a while and patiently wait until it grows as time passes by. Just like a tree, it grows on process that sometimes it go withered like leaves on a sunny day because there are times that the price will get into dump but upon reaching the rainy days, it will continue to grow and regain its position coming from dump experiencing a pump again. The cycle will just continue to repeat itself until what you have planted grows into a tree most specially talking about those who have hold into their Bitcoins ever since it was started, those that have purchased during the cheap times and have patiently waited until time comes that their waiting have all been worth it.

[Momoamzad]

You are right. I also think so, little bitcoin  become a big amount in future. People who bought bitcoin in some years ago they are now having a lot of assets as like a small tree  become a big one few years later. But in the mean time have to take care both bitcoin n tree. Than the final result will come out as a big achievement

[cheezcarls]

Buying Bitcoin is like planting trees. The best time to do it is 10 years ago. The second best time is today.

Yeah it is. However, I'm putting most of my bags on Ethereum since I sold Bitcoin too early. Either way, it's all about getting the right seeds to plant and bear fruit later on. Most of the shitcoins that I have in my bag are not bearing fruit, but rather remained shit seeds. As of this time, I don't think Bitcoin is going to pullback anymore in my preferred price of $12k due to the interest of institutions. Although there might be some pullbacks, but it will go up again.

[rokon1234]

Many people are now really happy because day by day  bitcoin price is grow up like a tree plant.if anyone invest on bitcoin in 2010 then i'm sure he became a rich man.

[kentrolla]

Agree, the majority of the people are unable to buy BTC now because of higher price. So it's better to buy slowly from our savings if the drops then it's giving us an opportunity and yes every penny counts in BTC and gives more profit than we expect but it's a risky asset as well.

Most of the newbies are buying in huge prices and FOMO plays an important role nowadays this is happening only because of lacking in knowledge this should be avoided BTC is not a getting rich scheme.

[Fesatmas]

Unless you are the author of the same post on Reddit... Don't hesitate to specify the source from which you have taken the phrase. Such rational behavior will always protect you from being accused of blatant plagiarism.

https://www.reddit.com/r/Bitcoin/comments/kx98iy/buying_bitcoin_is_like_planting_trees_the_best/

Thank you again for noticing his posting. In fact, the OP does not have a single post written by hand. Malicious plagiarist.

I hope it will be banned soon

let me add, if the fact is there is something that falls within the realm of plagiarism, then there are things that need to be considered. according to your screenshot, that some threads get merit. whether the one who gives it will be responsible for the thread that turns out to be in the realm of plagiarism?

[dupee419]

I mean, you ain't wrong there bud, although what differs from trees to cryptocurrency is that trees grow on continuously, while cryptocurrency doesn't, Bitcoin-wise, yes, but because of it's volatility, it definitely is a risk, though for a long-term hodling, I guess we'll see and I'll come back to this thread and see if it really does go higher than the ATH that we have right now with Bitcoin.

[bekti3]

I think Bitcoin can be termed anything, while it has big benefits in the future, planting trees? yes it makes sense, let alone planting trees that bear sweet fruit.
and this is just an analogy for us and a sign that bitcoin is very useful in everyday life.

[Wysi]

Let's be reasonable I am sure most of us will agree with me that today is not the best time to buy Bitcoin, we have already missed the best timing to buy Bitcoin when it went down as low as $5,000 in the beginning of 2019. it's extremely risky to invest in Bitcoin now at this point of time because we get to see lot of fluctuations, why are chances that the market will either reach new ATH or go through bearish market due to negative publicity.

[carlfebz2]

Buying Bitcoin is like planting trees. The best time to do it is 10 years ago. The second best time is today.

Best time?

No doubt that 10 years ago is the most sweetest spot but we know that no one do know on what will happen in the future which means uncertainty and doubts would be there incase
you had met up Bitcoin when it was still starting.

Buying bitcoin is indeed like planting trees but doesnt mean that any price would be the ideal spot for you to plant of. When you had accumulated while its cheap specially
after that 2017 crash then youre definitely making some cash or profits as of now.

If you do go for long term then it doesnt matter though which price you had entered but it would be ideal if its lower.

[Twentyonepaylots]

Buying Bitcoin is like planting trees. The best time to do it is 10 years ago. The second best time is today.

Best time?

No doubt that 10 years ago is the most sweetest spot but we know that no one do know on what will happen in the future which means uncertainty and doubts would be there incase
you had met up Bitcoin when it was still starting.

The analogy is correct and this was actually derived from an old stock investment strategy guide. Investing on a very good coin is pretty much like planting a fruit tree wherein the earlier you plant the seed, the sooner you can farm the fruits. Although of course, it's still fine if you got a bit later because as long as you take good care of the seed, you are almost always guaranteed to benefit from it. So when people ask me "when is the best time to buy bitcoin", I always say Now is the best time.

Buying bitcoin is indeed like planting trees but doesnt mean that any price would be the ideal spot for you to plant of. When you had accumulated while its cheap specially
after that 2017 crash then youre definitely making some cash or profits as of now.

With such coin that has a high potential I don't think there will be an ideal price given that it is highly volatile perhaps you're ready to spend your time just watching it to go down to your ideal price before buying.

[ChrisPop]

I wonder what is the amount of pollution caused by the mining operations of gold and other precious metals. I mean all those refineries and utility vehicles all consume fossil fuel. Most of the gold is used for storing wealth and not in industry AFAIK. Climate change is very important and the Bitcoin network is taking its toll on it, but I'm sure many of the miners use regenerable/green energy as well.

If you're looking at it from other perspective, the purpose of this energy consumption is for an important purpose - the securization of a global financial network that empowers people around the world. We use electricity for many other useless things.

[ImHash]

We'll soon be forced to plant a thousand trees for every bitcoin to offset the carbon footprint...

I like what you did there and then, however, renewable energy could be used to mine Bitcoin, so there is no need to offset anything.

[chikading2016]

Buying Bitcoin is like planting trees. The best time to do it is 10 years ago. The second best time is today.

If it is like planting tree then the best time would be anytime but we have to make it as soon as possible,
Because it would take time before we see a good result and for it to grow so we should wait patiently for it patiently and support it as much as we could in order for it to success.

I agree on that we really need patience on investing into bitcoin, it is almost like planting trees we also need patience on it because planting tress really needs time to harvest or to be useful we need to wait for it to become bigger and then cut. So i believe that investing into bitcoin is almost the same on planting a trees the only difference is in bitcoin we need to buy it while in trees we can get seedlings anywhere.