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Author Topic: Buying Bitcoin is like planting trees  (Read 1086 times)
kulboi123
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January 15, 2021, 01:28:22 AM
Merited by Hydrogen (1), realquang (1)
 #1

Buying Bitcoin is like planting trees. The best time to do it is 10 years ago. The second best time is today.
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January 15, 2021, 02:08:09 AM
 #2

The best time is when we high lower lows in 2018 and 2019, which is around $3000'ish.

But if we go on your argument that we are going to hold in the next 10 years then yeah, possible, as you as you have a tough mentality to hold in that span of time. Anyhow, I'm basing on my experience, I have stocks that I hold for more than 10 years so it's doable. The only thing that might sway people though is that crypto is very unstable and risky because of it's volatility.

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January 15, 2021, 02:11:53 AM
 #3

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


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January 15, 2021, 02:45:16 AM
 #4

100%

Bitcoin's scarcity acts like a built-in dividend.

Forget DeFi, Bitcoin is designed to increased in purchasing power forever.

Eventually you won't be able to buy it, you'll have to earn.

Accumulating now - at any price - is the smartest thing you'll ever do for your future.

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January 15, 2021, 05:15:33 AM
Merited by hatshepsut93 (1), lovesmayfamilis (1)
 #5

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/




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January 15, 2021, 05:32:46 AM
 #6

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



Maybe thats true, but as for concerned the carbon emission or the pollution out of the bitcoin network is very small compared to the outcome from factories, and other sectors. As technology advance, we're getting more and more eco-friendly and low consumption mining equipments. To the thread title we can have two meanings. It is a beginning to plant more trees, another way is Bitcoin is a long term profiting asset same as the tree. We plant now and to taste the fruit it takes years.

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January 15, 2021, 06:52:11 AM
 #7

Yes buying bitcoin like planting trees but dont push yourself to buy if you can afford it

Buy with dollar cost averaging strategy just like me  Grin and if you want try to hold there's guide in another post on Bitcoin discussion

Good luck  Cool

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January 15, 2021, 07:22:39 AM
 #8

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






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January 15, 2021, 07:30:03 AM
 #9

I do not agree with your opinion that buying bitcoin is like planting trees, planting trees can fail to harvest and buying bitcoin will not occur harvest failure ....

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January 15, 2021, 08:21:16 AM
 #10

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

Maybe thats true, but as for concerned the carbon emission or the pollution out of the bitcoin network is very small compared to the outcome from factories, and other sectors. As technology advance, we're getting more and more eco-friendly and low consumption mining equipments. To the thread title we can have two meanings. It is a beginning to plant more trees, another way is Bitcoin is a long term profiting asset same as the tree. We plant now and to taste the fruit it takes years.

I think the perception of climate impact is the biggest danger to Bitcoin long term.

That is why there needs to be some sort of concerted community effort to change this somehow.

If a small part of Bitcoin's capitalisation could be ploughed back into this, then it would set it apart from other coins such as Litecoin (which is probably bitcoins biggest threat as a store of value - and apart from supply, which is divisible anyhow, there isn't much difference between the 2).

Then again, many miners probably mine altcoins too, so perhaps this is a problem for the whole market and the more coins that join in, the more intractable the problem becomes.
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January 15, 2021, 08:33:00 AM
 #11

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


I agree to it, because our investments can be benefited by the next generation like our son or grandson.

There's a lot of things that might happen on bitcoin after 10 or 20 years and we all know that our bitcoins can be passed to our other family.

It is like planting trees that we are preserving our money, our assets, so that our next generation can have something to grow more and become successful with it. Bitcoin can do a lot of things in our life and this investment is really something else and I want my son to know how economy and life really works.

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January 15, 2021, 08:37:49 AM
 #12

We'll soon be forced to plant a thousand trees for every bitcoin to offset the carbon footprint...
50 to 80 percent of the world's oxygen comes from phytoplankton in the ocean, comparing that to trees I do not think we are putting our feet in the right direction when it comes to carbon footprint reduction. I have to agree with the analogy though, if you were to wait for another time then that time where you harvest the benefits will not come, invest even if there is risk, in the long run those same risks will the things that you will be thankful.

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January 15, 2021, 11:01:54 AM
 #13

We'll soon be forced to plant a thousand trees for every bitcoin to offset the carbon footprint...
50 to 80 percent of the world's oxygen comes from phytoplankton in the ocean, comparing that to trees I do not think we are putting our feet in the right direction when it comes to carbon footprint reduction. I have to agree with the analogy though, if you were to wait for another time then that time where you harvest the benefits will not come, invest even if there is risk, in the long run those same risks will the things that you will be thankful.

Taking risk today will be fruitful someday. Because if you will not take risk, you will not get anything in the future. So you can plant today, whatever it is, big or small, at least you have something to harvest. Who would have thought that bitcoin will be this valuable today? And another 10 years, though we don't know what the future brings, still, I believe, bitcoin is still worth taking risk with.

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January 15, 2021, 11:56:44 AM
 #14

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


Lol this is a pretty controversial statement.
I can be 100% sure that you couldn’t have said this particular statement 10 years back.
Now as you have seen the consequences of Bitcoins, you easily claiming that BTC has been rising in the near future.
But will you invest now again op and wait for more 10 years?
Future is always hard to predict, so it’s better to earn quick profits from the holy coin BITCOIN.
Yeah this is my own thinking, other people’s may vary.

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acener
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January 15, 2021, 11:59:47 AM
 #15

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.

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January 15, 2021, 12:07:04 PM
 #16

Yeah, they say: "The day you plant the tree is not the day you get the fruit". This does not only apply to bitcoin-only but to most of the Altcoins out there except for the pump and dumps coins which we need to be careful. The problem with that coins is too many to indicate here because there are seemingly too many of them to start with, if you listen to those who promote it, you will think that they are telling the truth that's why it is best to avoid them also. We better stick to the bitcoins and apply the said rules.

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January 15, 2021, 12:20:55 PM
 #17

I would like some bonzais please.
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January 15, 2021, 01:46:47 PM
 #18

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

You plant today(buy bitcoin) and you will reap tomorrow or by the time when you've reached the price of bitcoin that you're about to sell. Think of those investors and people that were too early to plant(buy) before.

They're now reaping the profits today.

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January 15, 2021, 01:56:34 PM
 #19

I like the enthusiasm.

I believe on the future of bitcoin but I could not compare it like a tree as a tree has slow but consistent growth, bitcoin does not have that characteristics, it's very volatile and a risky investment. However if you treat your investment like that, I would say you are very positive with the future and you are planning to continuedly buying bitcoin to fill your wallet.




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January 15, 2021, 02:12:23 PM
 #20

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

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