Buying Bitcoin is like planting trees

[Amon1231]

you put the hard work learning about Bitcoin is just like planting the trees, today is the harvest time of your plants. just like  plants, you will take care of it for a long time until it grows.

[mezzaluna]

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.

Having a tough mentality is really needed but most HODL'ers just forget about it then suffer the consequences of forgetting their own passwords to access their own Cryptocurrencies. Its also good to see someone stay on the field of Cryptocurrencies for 10 years because for my case, even though I know that I can earn money within this Industry, there are just moments that I think about getting myself a capital then investing it since earning within this industry can be really slow without any leads.

That is why I really believe that as long as you see the opportunity to buy, I will grab it.

[Hamphser]

Yap, True.

Back to 2017, when the price of bitcoin drop i already lost my faith and sold all of my btc.

And that mistake is very make me stressful and i don't want to make same mistake twice.

After statement from elon musk, thats make me more confidence about bitcoin and 2021 gonna be wild.

Shit and mistakes do really happen on someones life but doesnt mean that we wont really be learning from that.Lots of people do really make out some regret on selling after that 2017 bull run.

Aside on crashing on 2018 where it results to panic sell then for those who had done such mistake then theres no need for you to self pity but rather be having that optimism towards the market

It do really gives out that kind of hope and excitement once again.If you dont trust up then better leave but its hard to resist because of what we are currently seeing which is it is really reaching on the roof top.

[Pomogator]

I think this is not a very good comparison. The bitcoin rate isnt going up in full, which means that the confirmation isnt 100% accurate. For example, if we compare the course in 2017, then after the fall it can be called planting a new tree. Now it is controversial, I think now you can also buy it, after falling from $ 40k. Buying for 4k was the right decision.

[Bitcoinislife09]

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

I agree that 10 years ago was a really good investment in bitcoin but for now, it is not just bitcoin we could also see a lot of great projects in altcoins that could potentially be like bitcoin in the coming years of investment. The prices of the token are cheap just like bitcoin in the past 10 years so we don't know if the will be price of these altcoins after 10 years of investment it could be like bitcoin increasing up to a 10k$ or even up to 40k$ like what it is today. But still, bitcoin is a top currency the thing here is the market price could go down also like today the price is still low so we could buy at this moment for profit in the future.

[saffira]

Really? 10years ago, How I wished I knew bitcoin at that early time. Well, I guess you're right but at some point you can compare then and now. Everything is unpredictable. You cant be sure that when you buy now, after ten years the value will rise like now. Unlike planting trees that you are sure that it will go strong and bear fruits, bitcoin is volatile and that is the risk. It still depends on the stability of the market.

[spriguh]

Yes, although bitcoin prices have skyrocketed, there is still time to start. Optimistic and patient, in the future we will reap the results of what we start today.

[*1Bishop1*]

A very interesting comparison. Of course, buying bitcoins is profitable in the long term, but now investing in cryptocurrency looks a little different than 10 years ago, for example.

[milani]

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

Good comparison by the way - yeah, it is like planting trees. The only difference is that  there is no need to pore Bitcoin, to treat for illness and insects and so on. In case you hold Bitcoin you have to forget about it for some period of time and only check the situation on the market, and the key moment not to forget seeds or password to your wallet. And of course in case it is for holding. May be sometimes it is not bad to multiple your assets and play on trading. But it is for own choice.

[Casdinyard]

Difference is the assumption towards the 'product'. Planting trees will just make a tree out of the seed, as its assumed outcome. For sure this comparison refers to profit from investing to Bitcoin. A misconception for years already. the market value is not guaranteed to always increase, in a consistent manner, as years are passing by. We are not also assure until when will its market value increase. Unlikely with planting a tree because there is a higher tendency for its height to be taller because that's how it is supposed to be, in the first place. So, is Bitcoin's market price meant to be more expensive?

A very interesting comparison. Of course, buying bitcoins is profitable in the long term, but now investing in cryptocurrency looks a little different than 10 years ago, for example.

Exactly. Unlike before, its market price is still low since it has just been introduced to people. But at this moment, more people are now using it, so maybe its progress won't be as big as before.

[akar87]

The same when buying bitcoin is like plating trees because you need waiting few year to harvest and get much after your trees grow up and have any time to harvest, but now many trader and investor not be patient when plating trees they wanna take harvest very fast, do not think what will get at the future than have take harvest very soon, maybe we need to be patient when investing on bitcoin or altcoin.

[Serious475]

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

Buying bitcoin is really keeping a seed to grow and you have to make sure that your seed is growing healthy but other investors are the one who can give a fertilizer and vitamins to it and not you. The only thing you can do is to make sure that you can convince anyone that can also invest in bitcoin because when someone invested on bitcoin, your tree will be more healthy and might grow bigger. When your tree grown enough, you can gain fruits that you can sell for high price. You can also sell the whole tree in a large price but you have to start over again or you can buy a grown up tree already. Of you think that your tree is not growing anymore then it is the time that you need to sell your tree because it might only get rotten if stocked.

[finaleshot2016]

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

I'll commend those people who have managed to hodl their bitcoin for 10 years. Yes, we should've done it earlier, but we should never forget the reality that we always learn from our mistakes by facing the outcomes. No one can't even be determined that bitcoin will manage to become like this, the price value that almost 2m PHP here in my country. If we have the ability to forecast and can predict what can possibly happen in the future, then maybe we are definitely rich people right now. If you want to harvest something, we should've planted more for our future but the difference between those two is, we don't have any info about cryptocurrency investment but in tress, we knew that we need it until we exist in this world.

[Questat]

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

I'll commend those people who have managed to hodl their bitcoin for 10 years. Yes, we should've done it earlier, but we should never forget the reality that we always learn from our mistakes by facing the outcomes. No one can't even be determined that bitcoin will manage to become like this, the price value that almost 2m PHP here in my country. If we have the ability to forecast and can predict what can possibly happen in the future, then maybe we are definitely rich people right now. If you want to harvest something, we should've planted more for our future but the difference between those two is, we don't have any info about cryptocurrency investment but in tress, we knew that we need it until we exist in this world.

Most of us have no done it 10 years ago so we go at the 2nd best which is today. Bitcoin has no ceiling in price, it could be so high for the eyes of some people now but it's not the limit yet because of a limited supply and demand will continue, price has not direction but to rise. Maybe we can wait a bit, buy when the price corrects so we can get some discount on our holding, more bitcoin to hold, better opportunity for us.

[Ridwan Fauzi]

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

Indeed, the best investment in this world that I have seen so far. I can compete with the other investment placd out there that there is no place which can be able to raise like bitcoin. Most of them just increase several percent per years, but bitcoin need one year to increase more than 100%.

Also I just think that the decreasing price that has happened when bitcoin touch the first all time high $20.000 and fall to $3500 never happen again. The increasing price right now is really different, as you can see when bitcoin price fall and touch $28.000-$30.000 then we will see there will be many investor who will put entry buy and make the price bounce again. So, I agree when you say buying bitcoin like planting trees and we can buy right now.

[Campbvrry]

The best time to buy bitcoin should be in 2018. If you bought bitcoin and put it in your wallet at that time, you have already gained a lot of benefits.

[McMahllu]

You should find the best time to buy bitcoin. Don't rush to increase the price after purchase. You should be as patient as planting trees and put it in your wallet to appreciate slowly.

[lienfaye]

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

The best time is 10 years ago but at that time we dont see the worth of bitcoin because its just the beginning and we are not certain if it has a good future.

But currently its now grown and ready to harvest, this is for investors who plant even the future is unknown.

Good things really happen to those who wait but its not too late, there's more room for development and to look forward for the future of btc. It might reach another high value that we couldnt expect.

[josgandosbro]

Buying bitcoin is good ideas. But bitcoin is any time changing the price. Frist know the Bitcoin price up and down. Then buy the bitcoins and hold it and wait for the bitcoin price increase. If you want buy wait for the price down that time buy the bitcoins. So time to act.

[maculeth]

because bitcoin investment is best long-term, so I agree that investing in bitcoin is tantamount to planting trees. If it was 10 years ago, it was true but for now I think I should think twice. because the current price is very expensive, will it be possible for the next 10 years to increase many times the current price? therefore it is better to wait until the price drops.