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Author Topic: Buying Bitcoin is like planting trees  (Read 1122 times)
kawetsriyanto
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February 09, 2021, 11:45:07 PM
 #121

I agree with you, it may be like planting a tree. But planting a tree should have less risk than investing in Bitcoin, right? 😄 Well, I am not sure to say when the best time to invest in Bitcoin. Although 10 years ago the price of Bitcoin was the cheapest ever, but who knows it will improve like today. Many negative issues also happenend in previous years. While today, everything looks more friendly and more secure to invest in Bitcoin. So, we also can say if today is the best time to invest in Bitcoin, not the second best time. Yep, depends on your perspective for sure.

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February 10, 2021, 11:26:37 AM
 #122

Planting trees need more patient at the beginning until when harvest time coming, maybe need one until three year at the first time planting trees until we can harvest and many people not waiting for harvest and only take profit just awhile, this the same when investor hold bitcoin but no have more patient waiting with much profit, just getting little profit they try to sell bitcoin and the meaning investor not waiting when trees could be harvest fully.


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February 10, 2021, 04:20:32 PM
 #123

Exactly saving some BTC and result can be seen in some years later . As like trees . Buy some BTC , save them safely . And get profit when market will up.

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February 10, 2021, 05:03:39 PM
 #124

And no amount is too little to plant... You still reap what you sow in proportion to your investment, or in proportion to how many trees you can afford to plant. The more the trees , the more the fruits .

It's never too late to plant yours.
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February 10, 2021, 05:22:19 PM
 #125

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


Bitcoin has gone too far and lucky are those who planted it 10 years ago. There are people who have doubted its capability before and chose not to water it with patience so they're now regretting it. Buying Bitcoin shouldn't end in investing because it needs guts, patience, and being brave to face the possible threats that you could encounter along the way.
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February 10, 2021, 05:31:22 PM
 #126

yes it is true that investing in bitcoin is like planting trees but the best time to invest in BTC was when its price was lowest in 2018 and 2019 but in 2020 it hits the highest and still standing and day by day grwoing. But i do not think this is the highest, it is going to hit 100k in the 2021 year because of the online globalization of everything and the market will be at its peak then not now  Wink
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February 10, 2021, 07:40:52 PM
 #127

I agree, buying in a sustainable way is a great option. You can spend a few percent of the salary you receive every month and by continuing to buy every month, of course, you will slowly continue to increase the value of bitcoins in your wallet. But still, even so we should at least be aware of the current trend, although it is for long-term purposes but it would be better to buy when the price dips. Indeed, it doesn't really matter this way, but at least we care about the money we spend to get more bitcoins when buying.

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May 01, 2021, 12:39:41 PM
 #128

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


I agree with you,  investment in BTC is like planting a tree and waiting for it to grow into a big one and you'll earn a fortune if you know when to the right time to harvest the fruit of your long-term holding. It's better to invest in BTC than saving money in a bank simply because of massive growth potential and of course, big loss should also consider when investing in BTC or other cryptocurrency coins.

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May 02, 2021, 03:19:28 PM
 #129

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.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.
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May 02, 2021, 03:41:34 PM
 #130

That's true, buying bitcoin is somehow similar to planting trees as you have bought bitcoin and hold it for so many years then that is a huge income for you just like planting trees, when you plant trees you will also get benefits from it when it grows but just be careful, just buy bitcoin according on what you can afford to lose, there is still no assurance for it.

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May 02, 2021, 05:56:01 PM
 #131

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

It can really be compared with planting trees not just because of the work you need to exert to make it grow but also the seasonal change of how fruitful bitcoin can be. Let us say you started investing in bitcoin during a drought season, you should not expect too much earnings for it, instead you just keep on working on your investment and wait till the bearish season come then you can already start to reap what you've sown. Do not make the mistake of hoping much from a dry season or letting off a fruitful season just because you are hoping for more fruits. Be wise and smart in observing the price change so you may know when's the best time to collect the fruit of your hardwork.
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May 02, 2021, 09:25:58 PM
 #132

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May 02, 2021, 09:46:21 PM
 #133

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.

if in the future Bitcoin can increase its price by 3 times you will say the same thing if today is the best time to buy it. actually if we believe in the future growth of bitcoin, the best time we have to buy it could be any time when there is an opportunity when the price moves lower before reaching a sharper rise.
I don't share your opinion. Because Bitcoin is a highly volatile asset. That means Bitcoin can go high but it can also go very low. So even if one day Bitcoin reaches a x3 ROI from now, nobody can predict when it will happen, and before reaching this price Bitcoin can go down during several months or even years. So what people will do if they need their money placed on Bitcoin during this bear market? 

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May 02, 2021, 09:59:25 PM
 #134

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

Well, that is a very simple analogy but yet that is true.
If I have been invested in bitcoin year back 2018 when bitcoin dropped too much, perhaps I am able to get my profit now and harvested at the right time. I 100% agree with that matter, it just like you saved funds for a better future and bitcoin is the right answer on that investment.
Imagine, if I am invested from $3k price at that time when bitcoin dumped too much and I was able to keep it until today and bitcoin price hit $60k. It folded how many times and I think that is enough and considerable like a tree.









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May 02, 2021, 10:02:34 PM
 #135

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

Yes mate you are absolutely right because when bitcoin price lower than $10000 then I invested 1 bitcoin now it's worth of six times like below trees planting.

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May 02, 2021, 10:31:41 PM
 #136

You never know what the best time is. If you say that now is the best time, you are a very good investor. You need to be able to read the movements of the market very well. In this market, the train never runs off. Considering today, the best time was perhaps 4 months ago. or for those who have a lot of money, there is no such thing as the best time for him, since even the slightest movement of bitcoin will have a huge impact. but I agree that planting bitcoins is like a tree. something that will always grow.

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May 02, 2021, 10:41:38 PM
 #137

From the little experience am having people that invested 10 years ago where the best set of people that invested in bitcoin because it was very low and currently people think Bitcoin price is currently high but from the little experience am having and from the research have don I believe bitcoin price is still very low this is the best time to enter for the people that have been regretting why they didn't enter 10years ago this is the best time to enter again to avoid regretting in the future why you did not invest currently in the next few months I believe we won't see bitcoin in the current price so pls buy and hold and you won't regret buying.

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May 03, 2021, 12:26:03 AM
 #138

Yes! you are saying right. Buying bitcoins at cheap prices and then hold it until it reaches to moon. It is just like planting trees, After sometime it grows like plants. But don't harvest your profit so fast just hold it for 5,10 years you will see massive results from Bitcoin. So, just buy and hold.

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May 03, 2021, 12:37:08 AM
 #139

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

Well, that is a very simple analogy but yet that is true.
If I have been invested in bitcoin year back 2018 when bitcoin dropped too much, perhaps I am able to get my profit now and harvested at the right time. I 100% agree with that matter, it just like you saved funds for a better future and bitcoin is the right answer on that investment.
Imagine, if I am invested from $3k price at that time when bitcoin dumped too much and I was able to keep it until today and bitcoin price hit $60k. It folded how many times and I think that is enough and considerable like a tree.
I also agree with the OP thought about Bitcoin but this is still applicable to investors that have knowledge about the market and not selling their holding because it, not all the people that invested in the year 2018 still have their Bitcoin as we speak.
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May 03, 2021, 02:01:49 AM
 #140

and also trees don't always grow well and it's same with bitcoin~ You know approximately how long it takes for the tree to grow but  not for bitcoin though..
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