Ninjastic
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Board Bitcoin Discussion
Merits 2 from 2 users
Re: Planting a tree and investing in bitcoins should wait a certain period of time.
by
tbct_mt2
on 14/03/2023, 10:50:27 UTC
⭐ Merited by GreatArkansas (1) ,m2017 (1)
Quote from: tisnaislam111 on Today at 09:31:38 AM
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).