Turn off power to a moisture sensor except when reading values
If your sensor draws less than 40mA to operate, then you can safely "power" it from an GPIO pin.

The related question also asks how long the sensor must be powered in order to get a stable reading. For a sensor such as this one, it appears to be a simple resistive voltage divider, with the moisture sensor itself providing one leg of the divider circuit. The active component appears to be a comparator to provide a digital HIGH/LOW output as an alternative to the analog output.

Most schematics show a capacitor between ground and the voltage divider output, presumably to reduce noise. You need to allow for this capacitor to charge up and become stable before you take a reading. The time for this depends somewhat on the value of that capacitor and the supply voltage you are using.

Safe to assume, however, that a wait time of 1 second is more than enough.