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Topic: Planting a tree and investing in bitcoins should wait a certain period of time. (Read 280 times)

Ucy
sr. member
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Not complete without mentioning the importance of planting at the right season, which is basically the season of abundant water and nourishment. That will help the plant grow quickly and turn into a tree.

A wise farmer would keep constant watch on the plant and help it grow faster and continuously by watering and nourishing even in times of scarcity. A plant needs constant attention and care until it matures or becomes a tree and begins to produce good and many fruits for the farmer.

Same with your Bitcoin investment. Make sure you watch and care for it at its young age. Its food and water is Word of Wisdom, developing it according to its principles, and other important contributions that help it grow... It's not just more financial contributions that aid its growth.
hero member
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Not only with planting of trees, For each and everything this is the fact and everything have got certain process. Just sowing the seed or planting a sapling and we can't expect the fruit out of it the next day. Even the hybrid variants need specific time to flower and then gets to a fruit. Same time there is a saying in Bible, “The gardener said, ‘Let’s give it another year. I’ll dig around it and fertilize, and maybe it will produce next year; if it doesn’t, then chop it down.’”. With bitcoin we need to dig around and fertilize, which is being done by very few spreading the good about bitcoin.
Like any other investment or effort, bitcoin needs care and education. The impatience that many display, expecting quick results or widespread adoption, is comparable to the expectation of a gardener for fruit a day after planting. Building a strong framework that supports Bitcoin's expansion and general acceptance is an important part of the ecosystem surrounding it; it goes beyond simple buying and selling

For decades, dishonest institutions have been manipulating our economies, resulting in inflation rates that deprive the average person of his hard-earned wealth. It's time to "dig around and fertilize" the Bitcoin narrative rather than being silent and letting this system continue. It's time to focus on decentralized alternatives like Bitcoin that give greater independence and financial freedom rather than the outdated, traditional banking institutions
member
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An example isn't bad by the way. The summary is we should have Patience when dealing with Bitcoin. Bitcoin isn't something that makes quick money. We have seen always holders become gainers but for that need patience. Someone it takes a couple of years to recover the price or hit the ATH. So yea, it's something like tree plantation. Can't expect quick results always. Sometimes a few lucky people can earn a decent amount within a short time. But everyone isn't lucky enough. So we must need to educate ourselves about Bitcoin holding.

yes, I really like your opinion, and indeed investing in btc requires a lot of patience, because investing in btc always has many obstacles and obstacles. so in investing in btc we have to be strong in the long term and have to be patient.and indeed it has been proven that many people invest in btc for the long term and are successful, I hope all of our investments in btc are successful.
sr. member
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Bitcoin has shown promising results in the past and has the potential to grow even bigger in the future. So, investing in Bitcoin can be a good choice for those who are willing to wait and have a long-term investment plan. Because Bitcoin is a long term investment based asset. If you have the will to wait a long time, then you can make a great deal of profit from bitcoin investment.
On the other hand, you can consider Bitcoin as a multi functional investment plan. Not to wait for long, because there are other trees that can grow fast and give you the fruits too. So in the end, it all comes to learn when is the right time to harvest.
legendary
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Not only with planting of trees, For each and everything this is the fact and everything have got certain process. Just sowing the seed or planting a sapling and we can't expect the fruit out of it the next day. Even the hybrid variants need specific time to flower and then gets to a fruit. Same time there is a saying in Bible, “The gardener said, ‘Let’s give it another year. I’ll dig around it and fertilize, and maybe it will produce next year; if it doesn’t, then chop it down.’”. With bitcoin we need to dig around and fertilize, which is being done by very few spreading the good about bitcoin.
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Giving a reference of a tree planting and investing in Bitcoin as a comparison I think that it it is not March because bitcoin on its own does not have any time for it to rise and fall 844 Y3 have a specific here for it to grow and also be afraid so bitcoin you invested today can rise tomorrow and when it rice that you make your profit except that I want to keep it for so long so that you will make a very big profits when it continue to rise
legendary
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I get the idea and it does make sense. But on investment, there's this thing called short term and long term investment which varies depending on what type of an investor you are. Some would engage to short term investment especially those who are seeking for faster profit, downside of this is the risk since you'd more likely react with every changes in the market price. In long term investment, it is indeed like planting a tree. Has risks as well but not as high with short term. Risk is lack of assurance that in a long run, the market price will continuously increase and also, it will require you to be patient enough in order to endure partial losses as you wait.
You can actually get the seeds for free from the other trees and keep planting regardless...
How? Doing some bounties or any tasks/jobs or airdrops that will give you Bitcoin? I think yes this is possible before but now, it seems more difficult because you start to give your most of time before you get seeds for free. You need to work hard for that. And always don't rely on free seeds in this world, everything now already have a cost or you need to work for it before you can get it.
What's bad on getting seeds from hard work? Nit all people has the capital in the first place to invest. And finding another way to engage with the same motive, is more amazing, than to wait for things to be in favor on your end.
hero member
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Planting a tree and investing in bitcoins should wait a certain period of time.

To plant a tree, first buy it from the market.  Then you have to plant.  Then the tree slowly grew and its branches grew.  Nothing can come from that tree without waiting for a long time.  After planting a tree, one has to wait for 5-7 years to get any yield from the tree. And if patience is lost before that, if the tree is cut down, then nothing much can come from the tree.

So we should wait a long time like planting a tree.  Similarly we have to wait by investing Bitcoin.

But we know what Bitcoin used to be and what it is now.  It will be bigger in the future.  So don't we think about the future?  Of course I will.  Invest in Bitcoin with the future in mind.

For example, a tree bears fruit after a long period of time.  Bitcoin will also fulfill our hopes.  So those who are or will be investing in Bitcoin will have to wait a little longer.  And the result of waiting will be beautiful.  Good luck to you.  thank you

Great analogy, you must give it time to grow to bear much fruit! Especially during a bear market ;P I think an actual bitcoin garden and bitcoin tree like a Japanese bonzai custom made to be bitcoin themed would be epic. You just gave me a fun idea there
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For example, a tree bears fruit after a long period of time.  Bitcoin will also fulfill our hopes.  So those who are or will be investing in Bitcoin will have to wait a little longer.  And the result of waiting will be beautiful.  Good luck to you.  thank you
Yes, I totally agree with you that time is a major factor to play when it comes to investment (I.e both agricultural, self-development, and finance), which Bitcoin happens to fall under the financial category, and not only that, but for ones offer individuals the privilege to have control over their finance without external influence by central banks or government. Because just like you earlier said, only if had anybody invested in Bitcoin 5 to 7 years ago (I.e 2016 - 2018), by now I'm sure such an individual would have been on a massive profit of over 2000% due to the current price of Bitcoin today at $27k/BTC.
And at this moment, I will like to encourage all Newbies that it's never late to still invest in Bitcoin, as it still has the potential to pump massively in the next 5 to 7 years today
legendary
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~snip
You sounded undoubtedly a good analogy with a tree. It is impossible to get results instantly and you can't do without waiting in investments. Bitcoin has to "sprout" in your wallet in order to bear the "fruits" of the investment, and this will take time. 5-7 months is not enough here, and "growth" will take more than one year. Bitcoin chart (easy to look at CMC) for the entire period of existence of btc shows well the past "harvest" years.


~snip
~snip
This picture doesn't ambiguously hint at what btc expects in the future.
full member
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The two involved patience before you can earn something good in it, which is very important for traders to learn how to be patience whenever there is bear market. The more the tree spend more years the more you have hope of harvesting a lot of fruits from that tree when it is time to produce in the land. In BTC investment, there are long term investment and short term investment which the two is for profits making but it's advisable to involve in long term investment which require many years to hold before you can sell to smile. But short term investment also require patience to get it right when the price increase higher within one or six months before you can sell.
sr. member
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Your assertion is brilliant, investment takes a long time for it to yield tangible result. Bitcoin investment has a lot to do with patients, patient they say is a virtue, it propels the drive for excellence, because whatever that is good doesn't come easy.
For any tree 🌲🌴  to bear fruit,  time has to take it cause, these has one one of the principles of life that I've followed religiously, and it has shaped me to a large extent.
hero member
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Perfectly they can work to get salary and buy Bitcoin from their savings. A little bit good but not perfect, join bounties, do boring low quality works and wait for luck to get rewards and can sell them on market with good prices then use it to buy Bitcoin.

Work hard or work lazily, a common requirement is they must work to get Bitcoin.

They should never borrow money to buy Bitcoin or sell their precious assets to buy Bitcoin. They must to have home and necessary money to live and survive before they can invest.
And I also adhere to this opinion, before you start investing you need to ensure a comfortable standard of living, and only after that start investing.

Because the creation of capital requires discipline, because for this you need to be able to save. But this should be done with pleasure, when you have everything you need for a comfortable life, then it will not be difficult to save money when you do not have to deny yourself something.

Before all this can be provided, a lot of time may pass, but it will be right, than if you denied yourself something necessary, lived in poor housing, and walked in old clothes, all this would eventually bother you and you might quit it's about saving and investing. Try to find balance in everything.
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How? Doing some bounties or any tasks/jobs or airdrops that will give you Bitcoin? I think yes this is possible before but now, it seems more difficult because you start to give your most of time before you get seeds for free. You need to work hard for that. And always don't rely on free seeds in this world, everything now already have a cost or you need to work for it before you can get it.
Perfectly they can work to get salary and buy Bitcoin from their savings. A little bit good but not perfect, join bounties, do boring low quality works and wait for luck to get rewards and can sell them on market with good prices then use it to buy Bitcoin.

Work hard or work lazily, a common requirement is they must work to get Bitcoin.

They should never borrow money to buy Bitcoin or sell their precious assets to buy Bitcoin. They must to have home and necessary money to live and survive before they can invest.
hero member
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Planting a tree and investing in bitcoins should wait a certain period of time.

To plant a tree, first buy it from the market.  Then you have to plant.  Then the tree slowly grew and its branches grew.  Nothing can come from that tree without waiting for a long time.  After planting a tree, one has to wait for 5-7 years to get any yield from the tree. And if patience is lost before that, if the tree is cut down, then nothing much can come from the tree.

So we should wait a long time like planting a tree.  Similarly we have to wait by investing Bitcoin.

But we know what Bitcoin used to be and what it is now.  It will be bigger in the future.  So don't we think about the future?  Of course I will.  Invest in Bitcoin with the future in mind.

For example, a tree bears fruit after a long period of time.  Bitcoin will also fulfill our hopes.  So those who are or will be investing in Bitcoin will have to wait a little longer.  And the result of waiting will be beautiful.  Good luck to you.  thank you

Patience always pays offs and nature reward to those who can wait with patience. Even ever mother ha to wait 9 months before the baby is born and come in to the world.

The more you can wait, the best returns you may get from bitcoin investments. Yes, you can make money by taking small trades and making small profits but the best returns are for those who buy bitcoin in spot and can wait for few years.
legendary
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You can actually get the seeds for free from the other trees and keep planting regardless...
How? Doing some bounties or any tasks/jobs or airdrops that will give you Bitcoin? I think yes this is possible before but now, it seems more difficult because you start to give your most of time before you get seeds for free. You need to work hard for that. And always don't rely on free seeds in this world, everything now already have a cost or you need to work for it before you can get it.
sr. member
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investing in bitcoin is shorter than trees which require a long process, from planting to yielding results, even if trees can produce results otherwise waiting will be useless for years, different from btc in my opinion it cannot even be equated, whenever we want to enter and release btc At any time, if you are profitable, you can say that you are making a profit by just monitoring market conditions and it doesn't take long if we are weekly sellers
jr. member
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yes, maybe it can be categorized like that in terms of investment in bitcoin,
and this explanation is very easy to understand, especially as I am a beginner,

but I don't think this explanation applies to people investing in bitcoins short term.
sr. member
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Tree differs. There are trees you plant, and within a short period, it has grown more than expected. That depends on when you plant the seed(rainy or dry season).

Having said that, each cryptocurrency investor has a window of time during which they will buy and sell their bitcoin. It is not necessary for an investor to hodl bitcoin for such a lengthy time before deciding to sell. After hodling for a year or two, he can sell(the choices are for the investor to make). However, that will rely on the current state of the market and the earnings generated so far in a bull run or bear market
hero member
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I think it's comparable, both are appreciating assets if taking good care and will yield results as time goes by. But there are investors that can't wait that long though, 5-7? nah? Maybe just one bitcoin full cycle, or maybe if they see that they have profited enough, then they will sell their BTC.

As compare to a tree, others will take very long just to developed one shade, or at least bear a fruit, so it's a long process.
legendary
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An example isn't bad by the way. The summary is we should have Patience when dealing with Bitcoin. Bitcoin isn't something that makes quick money. We have seen always holders become gainers but for that need patience. Someone it takes a couple of years to recover the price or hit the ATH. So yea, it's something like tree plantation. Can't expect quick results always. Sometimes a few lucky people can earn a decent amount within a short time. But everyone isn't lucky enough. So we must need to educate ourselves about Bitcoin holding.
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You can actually get the seeds for free from the other trees and keep planting regardless...
legendary
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You are right about patience being needed for Bitcoin investments to avoid rushing to sell of your coins when the market takes a downturn, but you don't need to wait to get the benefits of Bitcoin. As soon as you make a purchase,
• You can send transactions without a third-party,
• You can hold your funds with full custody,
• You can maintain pseudo anonymity,
• You can make immutable transactions that cannot be reversed or cancelled.

I think to wait 5 or 7 years is a very long time.
5-7 years does not equate a long term investment. In other words, it's not really that long.
We look back to how cheap Bitcoin was in 2010 and how high it got in 2017, which is a timespan of about 7 years.
legendary
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If you're in just for the profit, you're NGMI. I prefer a future wherein I won't have to convert my bitcoin to fiat, with little inflation, than live rich in a world with crap money.

The adoption of Bitcoin in comparisons with Internet users, world population show that how fast Bitcoin adoption is.
I advice you to be very careful when reading about the adoption and the total users. Nobody can know such thing with certainty, it's like asking how many people possess gold. I doubt you can even approach that number.
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Planting a tree is commonly used to describe what investing is. That's what the people that I've talked to for a lot of years have explained and even my mother when she's teaching me how to invest. I'm glad that there were those people that have opened my eyes to investing and fortunately, I fell in love with investing and that's through bitcoin. It requires a lot of patience and you don't have to rush anything upon investing in it. There's a certain time that we need to do nothing and sometimes that we need to take actions like taking some profits or selling in losses to cut more potential losses that are about to come. As we plant(buy) right now, it's known to many that holding it is worth it and it's not just me and you that have experienced how effective it was but many, the majority of bitcoin holders knew it.
legendary
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I am more apt to monitor the bitcoin investment market and the good news is that the time is right for bitcoin investment.
The time was right yesterday for bitcoin investment, not today. The people that will enjoy the returns on their investment the most are not those that will invest today but those that invested yesterday.

why do you have to equate planting trees with bitcoin investment? I think to wait 5 or 7 years is a very long time.
They always say HODL for as long as you can, but nobody tells you how long you are expected to HODL, you decide that yourself, that is how long you intend to HODL and your target. For some people 5-7years is just fine and okay to HODL, but maybe not to everyone.

If you can actually plant a tree to mark the duration of HODLing from planting to maturation of the tree, that can work and help you in your discipline. Just pick the tree you want if you have a space for it, some trees take a year, some two, others three and so on to maturation, Pick your tree and do some planting, planting trees are even advised.
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why do you have to equate planting trees with bitcoin investment? I think to wait 5 or 7 years is a very long time.
I am more apt to monitor the bitcoin investment market and the good news is that the time is right for bitcoin investment.
hero member
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Planting a tree and investing in bitcoins should wait a certain period of time.

To plant a tree, first buy it from the market.  Then you have to plant.  Then the tree slowly grew and its branches grew.
You don't have to seed Bitcoin and grow its tree up. Satoshi Nakamoto initiated it and early adopters did hardest jobs for us including you. The adoption of Bitcoin in comparisons with Internet users, world population show that how fast Bitcoin adoption is.


Your task now is only hop on the boat, join the trend and wait to harvest.

Quote
Nothing can come from that tree without waiting for a long time.  After planting a tree, one has to wait for 5-7 years to get any yield from the tree. And if patience is lost before that, if the tree is cut down, then nothing much can come from the tree.
With Bitcoin, you won't have to wait 5 or 7 years. It has a halving cycle that appears every four year. The last halving happened in 2020 and now we are in 2023, one more year till its next halving. I don't think you have to wait more than 2 more years to harvest sweet profit if you buy Bitcoin today and are able to hold it for a while (about 2 years).
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Planting a tree and investing in bitcoins should wait a certain period of time.

To plant a tree, first buy it from the market.  Then you have to plant.  Then the tree slowly grew and its branches grew.  Nothing can come from that tree without waiting for a long time.  After planting a tree, one has to wait for 5-7 years to get any yield from the tree. And if patience is lost before that, if the tree is cut down, then nothing much can come from the tree.

So we should wait a long time like planting a tree.  Similarly we have to wait by investing Bitcoin.

But we know what Bitcoin used to be and what it is now.  It will be bigger in the future.  So don't we think about the future?  Of course I will.  Invest in Bitcoin with the future in mind.

For example, a tree bears fruit after a long period of time.  Bitcoin will also fulfill our hopes.  So those who are or will be investing in Bitcoin will have to wait a little longer.  And the result of waiting will be beautiful.  Good luck to you.  thank you
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