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Author Topic: Buying Bitcoin is like planting trees  (Read 1122 times)
virasisog
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February 05, 2021, 04:32:18 AM
 #101

Bitcoin is scarce and in a few years, there will be lesser Bitcoin that can be mined, not to mention the demand for it increases as more and more people become aware of it. We are still in the early phase of mass adaptation, institutions are starting to accumulate bitcoin and as time goes by more and more institutions and companies will hope-in. It could be the best long-term investment one can make.
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February 05, 2021, 07:04:35 AM
 #102

I think the best time to buy bitcoin was twelve years ago, and now it has increased several times.
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February 05, 2021, 07:12:22 AM
 #103

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.

Yes it was the time when the bubble pops up to 3k! Really feed my bags with load of $BTC that time
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February 05, 2021, 09:31:24 AM
 #104

I think the best time to buy bitcoin was twelve years ago, and now it has increased several times.
Nothing to do now. We already missed that. I think bitcoin will pump more. I want to investor in bitcoin for long term. I expect minimum 2x profit in 3-4 years.   Roll Eyes
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February 05, 2021, 09:45:03 AM
 #105

~
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.
You have to be careful though, you have to know your tree, will the fruits bore every three years or once in a lifetime. What I mean by that is that we should know when to reap our benefits from investing because just watching the tree grow without tasting the fruit is kind of a worthless effort.

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February 05, 2021, 10:08:48 AM
 #106

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

reminding of what does the early adopters did? those who Planted from the beginning Harvested their great Gains last December 2017 , so what more if they still Let the crops live till This january ? then they gather more than double from that harvest?

great example here mate and this must be the idea we need to input in our mind , because the more we wait is the more we will profit.

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February 05, 2021, 03:03:37 PM
 #107

It makes a certain sense. Buy Bitcoin now and your children will earn on it in the future.
This is the perfect example, we should learn to plant everything now since it is the right time to plant it is sunny, not stormy our seed will grow during this season like in our market now we should learn to buy when it's the dip buy when it is the perfect season/entry and hold it until it glooms in the future, corrections will be in our way towards harvest so we should endure that as long as we have a goal, it will be soon a good investment for ourselves and for our family.

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February 05, 2021, 03:18:49 PM
Last edit: February 05, 2021, 03:30:09 PM by MWesterweele
 #108

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.

10 years ago bitcoin was given for free like you could have your own even a small amount of BTC which was given for free from faucets. Now, before you can have your own kind of bitcoin you need to have a lot of money so you can buy it on your own or if not, it may take time for you to trade good alts so you can generate a good profit and can buy a bitcoin. It is somewhat planting trees, you buy seeds and you'll wait for how many years before you can harvest the fruit.

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February 05, 2021, 04:20:07 PM
 #109

10 years ago bitcoin was given for free like you could have your own even a small amount of BTC which was given for free from faucets. Now, before you can have your own kind of bitcoin you need to have a lot of money so you can buy it on your own or if not, it may take time for you to trade good alts so you can generate a good profit and can buy a bitcoin. It is somewhat planting trees, you buy seeds and you'll wait for how many years before you can harvest the fruit.
Trading can be the way to earn bitcoin, and the best part is we can start with a small amount to trade. Trading is like planting trees because if you can profit from trading, you can save some amount in other wallets, and every time you profit, you can send that amount to that wallet, so your bitcoin amount will increase. But it is not easy as trading bitcoin needs many things to make a profit, so you must learn many lessons before making a profit.



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February 05, 2021, 04:59:26 PM
 #110

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

I'm with your speech logic. Planting trees can make our environment good and produce more oxygen for us to live in this earth. Buying Bitcoin something like that. By buying Bitcoin anyone can get huge profit, it gives us financial support, it helps us to lead Happy life. 10 years ago Bitcoin price was damn low. No one can think that its price will hit 40k $. But it happens. I think Bitcoin price will hit 50k as soon as possible.
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February 06, 2021, 06:12:23 PM
 #111

Planting trees for longer time will get bigger reward and the same like bitcoin, if you long bitcoin during 2018 and now you have earn much profit. When bitcoin down lower $4000 on 2018 you have big chance like plating trees, waiting three years later you get big reward with bitcoin above $40,000. This why investing on bitcoin the same like planting trees because there are not instant how to get much profit and you need be patient waiting correct time to harvest.


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February 06, 2021, 06:55:07 PM
 #112

     Gotta say, I really do agree with the thought. The thing is though, is that most of the small investors cannot trust that easily last time or the previous years which is why mostly have invested just a few and gained just a few profit. And also the idea of holding for that long is only for rich people since profits won't be that easy to gain and panic selling would be very tempting if you do not have that much extra bucks to begin with. Only those who are brave enough to risk a lot have the right to get big returns. And out of all the crypto enthusiasts in this industry, there are only very few.

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February 06, 2021, 07:02:11 PM
 #113

For me personally, I don’t mind buying Bitcoin at high price as long my goal is longterm. We already witnessed its significant moves in the past ten years, in next five or ten years it could definitely break a six figure value good for an early retirement.
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February 06, 2021, 11:33:55 PM
 #114

The best time is when we high lower lows in 2018 and 2019, which is around $3000'ish.
This also implies pra-2017 where the price was 3 digits and at the end of 2017 the price was surge up to $20k.
I have also heard a person trying to invest $1 everyday into Bitcoin for 5 years and he got really big profit today from his daily routine. So, what OP said is actually true.

People said " Many a little makes a mickle " and it is actually true on this case.

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.
Stocks are always a great source of income and I'm also planning to learn stocks as well.

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Nunoluck
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February 07, 2021, 01:09:39 AM
 #115

I am type of a person who prefer like to consider bitcoin as long term investment. My investment in bitcoin grow about 300% only in 2 years, I don't do day trading or anything else. I just buy bitcoin and leave it in local exchange site, just as simple as that and I become richer now. Saving Bitcoin in exchange site is not recommended. I think buying bitcoin is even easier than planting trees, we need to take care the trees everyday while we can leave bitcoin in our wallet and it still growing.

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February 07, 2021, 05:11:54 PM
 #116

Buying Bitcoin is like planting trees. The best time to do it is 10 years ago. The second best time is today.
I don’t know about this ten years ago you have mentioned, for me I think that the opportunity can come at anytime, so you better be looking out for it. It’s just like last year, there was the opportunity for a lot of people to start investing in Bitcoin when the pandemic caused the asset market to drop to a very low prices, but most people never did because they were scared asf and they missed out from an opportunity that would have earned them a huge profit. So, it’s good to look for opportunities, they can happen at anytime, the thing is that you never know the least it will go, we might not be seeing anything below $10,000 anytime soon.
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February 07, 2021, 05:28:25 PM
 #117

Hope you are right I cant imagine what will be the value of btc in after 10 years from now I was thinking of holding small amount of btc like 20 usd to 50 usd and will open after 10 years and lets see it it will turn to thousands in a long period of time or will turn into dust. 
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February 09, 2021, 03:19:38 PM
 #118

Hope you are right I cant imagine what will be the value of btc in after 10 years from now I was thinking of holding small amount of btc like 20 usd to 50 usd and will open after 10 years and lets see it it will turn to thousands in a long period of time or will turn into dust. 
I think with amount $50 better hold and save with potential coin but have lower price like ethereum or BNB coin, bitcoin is absolutely raise to higher price but with little fund for investing like nothing and our profit just tiny. Better with BNB still $100 and how come next three years later become $1000 and how much profit can you get.


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February 09, 2021, 03:23:16 PM
 #119

I think the best time to enter is 2018 and 2019. Currently bitcoin is above ath and do not know until when bitcoin can continue to rise. It would be nice if today we've been saving bitcoin, lately there's good news about projects tesla and elon musk and bitcoin is not easy to drop.

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February 09, 2021, 09:23:20 PM
 #120

I also believe that another meaning that can be deduced from this topic is that just as it will take a lot of patience for a seed planted to mature into a tree, so also one has to be patient when he invest in btc so he can really make some good profit of it.

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