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Author Topic: Why I have bought Bitcoin ?  (Read 1079 times)
Rufsilf
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August 24, 2022, 09:34:28 AM
 #61

It is a big question for myself as well as for the Chancellor, why I have bought Bitcoin ?  The truth is actually I am living on Bitcoin for the last six month on Bitcoin. Some one donated some Bitcoin to me and as I have no income because I am a Monk, so I have spent about $5000 dollars worth of Bitcoin to buy foods and pay for the bills.

This is a real story in my life. Now I have learn about how the Bitcoin can be useful for daily living. I am really thanking to the unknown man who donated a tiny amount of Bitcoin that really helped me over the last 6 months. I have now decided to become a member of this forum and contribute my experience to encourage others to invest in Bitcoin.

I am glad to know the benefits of Bitcoin, I wish, I could have join this forum much earlier.

I run a Charity. I am a Monk. I need some help from the Bitcoin community. I am thankful to all those peoples who thought me about Bitcoin for the last few days.
I have story to tell, how I have come to know the Bitcoin and finally join this community ?


Your intention is great and helpful to the community but it looks like far from your situation as a monk. But you have the right to choose what life you want, it is something that new generations are more focused on the new things like this. Well, if that is not against your group, then welcome to the crypto community as everyone is free to join either.
All you need now is to spend time roaming around, gather some ideas - keep searching/reading in general. And of course, this forum will help you.

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Chato1977
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August 24, 2022, 10:24:30 AM
 #62

I'm glad and happy a Monk is using bitcoin and he's quite positive and have the mind to spread about bitcoin. Nowadays more charities have started to accept donations in the form of cryptocurrencies. This doesn't mean they accept bitcoin alone, altcoins were also accepted. Already with the help of forum members there were more charity programs being run by individual members who have dedicated themselves for the social service.
well it is not their interest but instead the availability of donations,  so whether it is in Bitcoin/altcoin or money but it is how they are needing the funds for sustainable organization .
but this is one good thing to promote bitcoin.
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August 24, 2022, 09:51:41 PM
 #63

I'm glad and happy a Monk is using bitcoin and he's quite positive and have the mind to spread about bitcoin. Nowadays more charities have started to accept donations in the form of cryptocurrencies. This doesn't mean they accept bitcoin alone, altcoins were also accepted. Already with the help of forum members there were more charity programs being run by individual members who have dedicated themselves for the social service.
well it is not their interest but instead the availability of donations,  so whether it is in Bitcoin/altcoin or money but it is how they are needing the funds for sustainable organization .
but this is one good thing to promote bitcoin.
Yes, some charity donations may help promote Bitcoin which I believe Ukraine and other private donations are already doing. However, we should not forget that the charity operated by the members of this forum as mentioned by n0ne is operated in a way community involvement was not the type of donation with no tangible information.
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August 24, 2022, 09:59:38 PM
 #64

bitcoin and friends are very useful and have many benefits, one of which is in charity work. not everyone believes in intuition and charity organizers because most cases are not targeted and misused, and some want their names not to be known as heroes without merit, while bitcoin provides a solution for all of that

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August 24, 2022, 11:41:40 PM
 #65

Only those who are lucky and those who are smart invest in Bitcoin.Bitcoin investment is the best investment from unique investment.However, those who have analyzed well and invested long-term or short-term in Bitcoin are the ones who today own huge amounts of money.The Bitcoin market is always dynamic so if your investment is in your head then surely you can own a huge amount of money by looking at Bitcoin investment.Currently the Bitcoin market is very low so those who like to invest can start investing right now without delay.And hire long term and hope for happy days. May you meet happiness soon.
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August 25, 2022, 01:04:42 AM
 #66

bitcoin and friends are very useful and have many benefits, one of which is in charity work. not everyone believes in intuition and charity organizers because most cases are not targeted and misused, and some want their names not to be known as heroes without merit, while bitcoin provides a solution for all of that
Yes you are right, now we believe more in something that we manage ourselves because there are so many cases of abuse committed by a handful of people. As a result, trust in them has decreased considerably.
How is it possible that people will believe if there are many cases with a bad image of what is labeled them, even though they are one of the institutions that are managed by the state. The key is the trust in them is decreasing.

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Jatiluhung
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August 25, 2022, 01:38:02 AM
 #67

Only those who are lucky and those who are smart invest in Bitcoin.Bitcoin investment is the best investment from unique investment.However, those who have analyzed well and invested long-term or short-term in Bitcoin are the ones who today own huge amounts of money.The Bitcoin market is always dynamic so if your investment is in your head then surely you can own a huge amount of money by looking at Bitcoin investment.Currently the Bitcoin market is very low so those who like to invest can start investing right now without delay.And hire long term and hope for happy days. May you meet happiness soon.
Bitcoin does have very good potential for the future. so choosing to invest in it is the right choice. but on condition that we must be good at analyzing the market. so we have to know when to enter and when to exit. because although the potential is very good, but also contains a high risk as well.
but if for the long term then bitcoin is the best for now.

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August 25, 2022, 02:07:11 AM
 #68

indeed very many people are helped by bitcoin, especially when the world economy is sluggish, bitcoin helps them a lot, such as people who are expelled from companies and become unemployed, but with bitcoin finally many of them are interested in investing in bitcoin and finally they are successful, it is proven bitcoin can help people's economy.

and simple examples like your experience helped by bitcoin.
Indeed, very many people are helped by bitcoin, my goal in buying bitcoin is because I believe bitcoin can be a very promising business opportunity for now, at a time when the economy is sluggish and unemployment is increasing and job vacancies are very difficult for us to find, because if want to apply for a job in my country, we must have a high education because it is different from bitcoin investment does not require a high education, we just need to learn and understand the risks we will face, that is one of my goals to enter the world of bitcoin.

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August 25, 2022, 02:13:52 AM
 #69

It is not surprising to see so many people improving their lives thanks to bitcoin, young people today are seeing that the opportunities they have are limited compared to other generations and a such they are looking for alternatives in which they can invest their small savings.

And fortunately for them bitcoin is here to help them out, however I would argue that even if we can improve our lives during the short term, it is also important to think about the long term, as the longer we hold our bitcoin the more benefits we can get, so if someone can keep their coins instead of using them right now the benefits they will get will be even higher in the future.

Bitcoin can help you achieve your goals if you use it the right way. If you buy it too late, or sell it too early, it will only lead to loss of your money, or the earnings will be so small that it will not help you realize your dreams. Bitcoin is just a tool that you need to know how to use correctly, otherwise it will not bring the expected results.
The habit of people releasing bitcoins too early because that person panics when the price drops and people who delay investing in bitcoin that person will regret it later, for example in 2018 they didn't buy bitcoin of course in 2021 that person will regret that is my personal experience.

Forget about these bitcoin pumps or dumps and also forget about bitcoin bull and bear market.

If you want to have  a secure future and financial freedom than you must invest in bitcoins.
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August 25, 2022, 03:21:18 AM
 #70

Only those who are lucky and those who are smart invest in Bitcoin.Bitcoin investment is the best investment from unique investment.However, those who have analyzed well and invested long-term or short-term in Bitcoin are the ones who today own huge amounts of money.The Bitcoin market is always dynamic so if your investment is in your head then surely you can own a huge amount of money by looking at Bitcoin investment.Currently the Bitcoin market is very low so those who like to invest can start investing right now without delay.And hire long term and hope for happy days. May you meet happiness soon.
Bitcoin does have very good potential for the future. so choosing to invest in it is the right choice. but on condition that we must be good at analyzing the market. so we have to know when to enter and when to exit. because although the potential is very good, but also contains a high risk as well.
but if for the long term then bitcoin is the best for now.

If you define yourself as a long-term holder then you don't need to be a good analyst to invest in bitcoin. A bitcoin investment can also be made if you have basic knowledge and your belief in bitcoin is strong enough for you to hold it for the long term.

The key to success in holding bitcoin is our own patience and determination, no matter how bad the market is, as long as we stick to our original goal of not selling no matter how it crashes. Always keep moving forward, you will definitely succeed



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August 25, 2022, 04:10:48 AM
 #71

Bitcoin does have very good potential for the future. so choosing to invest in it is the right choice. but on condition that we must be good at analyzing the market. so we have to know when to enter and when to exit. because although the potential is very good, but also contains a high risk as well.
but if for the long term then bitcoin is the best for now.
That's right. We can only find the time to enter the market and make a purchase or a sale by analyzing the market well. For the risk, I think we can reduce it based on the analysis we did so that the risk is not too big. For the long term, bitcoin is indeed the best but unfortunately, there are still many people who are hesitant to store bitcoin for the long term because the price is always changing. They need to learn more about why bitcoin is still the best investment.

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Sebas.tian
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August 25, 2022, 05:33:15 AM
 #72

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bitcoin and friends are very useful and have many benefits, one of which is in charity work. not everyone believes in intuition and charity organizers because most cases are not targeted and misused, and some want their names not to be known as heroes without merit, while bitcoin provides a solution for all of that

Bitcoin has helped many people to solved their problems in the community, that made many investors to invest on Bitcoin than any other cryptocurrencies in the market.  It hard for Bitcoin users to regret why they are part of Bitcoin in the community than to celebrate the people that introduced them to Bitcoin and how to use Bitcoin in a positive way to achieve a suitable reward at the end of the investment. I think, many people in the societies has improved higher in their businesses through the help of Bitcoin, because they made a good choice some years ago to invested on Bitcoin when the price was low in the market.

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August 25, 2022, 06:01:42 AM
 #73

Bitcoin does have very good potential for the future. so choosing to invest in it is the right choice. but on condition that we must be good at analyzing the market. so we have to know when to enter and when to exit. because although the potential is very good, but also contains a high risk as well.
but if for the long term then bitcoin is the best for now.
That's right. We can only find the time to enter the market and make a purchase or a sale by analyzing the market well. For the risk, I think we can reduce it based on the analysis we did so that the risk is not too big. For the long term, bitcoin is indeed the best but unfortunately, there are still many people who are hesitant to store bitcoin for the long term because the price is always changing. They need to learn more about why bitcoin is still the best investment.
What you said is the best way and also common for most users or investors especially those who have been in this industry for a long time.
bitcoin is the best investment of all investments because it can provide a very good return especially for those who have a strong patience, bitcoin has a small risk if you do it for the long term and can also help meet urgent needs or needs if you need it, but it doesn't mean spending it. Doing it in the long run doesn't mean we don't use it at all.
do it if you really need it and only make a portion of the profit and buy back when it goes down, continue like that until you reach a more profitable future. And bitcoin is very useful for now and also for the future.

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August 25, 2022, 06:08:15 AM
 #74

It's really a real story?

My friend is a Buddhism and we have talking about his religion, AFAIK monk doesn't have access about money, good cellphone etc but their live are based on people who want to donate food, medicine and cloak. They're no longer think about his family, his friends, or his appearance, what they do is only focus about their rules to achieve more higher rank. I don't believe about your story since my friend isn't lying, I hope someone who also a Buddhism could confirm this.

Interesting. This could be true as monks usually focus on solitude and prayer. However, I read about monks and nuns using the latest technology and social media platform. I've read that every monastery has different set of rules, some were allowed to use the internet to communicate with the world but of course it comes with a limit.
Therefore, we should at least consider more of his story. Because I have also thought, is there really a digital monk? Because latest technology might ruin the balance of the monk's way of living.
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August 25, 2022, 09:57:21 PM
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It's really a real story?

My friend is a Buddhism and we have talking about his religion, AFAIK monk doesn't have access about money, good cellphone etc but their live are based on people who want to donate food, medicine and cloak. They're no longer think about his family, his friends, or his appearance, what they do is only focus about their rules to achieve more higher rank. I don't believe about your story since my friend isn't lying, I hope someone who also a Buddhism could confirm this.

Interesting. This could be true as monks usually focus on solitude and prayer. However, I read about monks and nuns using the latest technology and social media platform. I've read that every monastery has different set of rules, some were allowed to use the internet to communicate with the world but of course it comes with a limit.
Therefore, we should at least consider more of his story. Because I have also thought, is there really a digital monk? Because latest technology might ruin the balance of the monk's way of living.
as you said, there must be a limit to that, and a monk entering the digital world is a must in my personal opinion ... because of course they must also advance in all aspects in order to meet the needs of society in the future because of the challenges of religious leaders in the future different from the old one, so it's not just sitting and praying, for the sake of spreading a virtue and goodness

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August 26, 2022, 03:13:08 AM
 #76

This is an era where everyone should know about blockchain technology and Bitcoin, it is not wrong for a Monk to accept Bitcoin from someone's donation, and use it to survive and help other Monks,
and it's only natural that a monk now knows what Bitcoin is and how to trade it,
and bitcoin should be accepted by many people not only for modern people who already understand about Bitcoin,

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August 26, 2022, 03:40:28 AM
 #77

Most of the people of the people think life of a Monk is so easy, Monk do not work, just beg money or lives on charity. That is not the case. There is many different region and many different religious orders.

Christian monks are different from  Buddhist monks. Hindu Monk life littlest similar like the Buddhist Monk. Every Monk has to follow so many restrictions.

I live a very much pious life. I have learn how to live life with out harming any human or animal or insect. I follow the best principles which is respect every one and  not to get zealous.

I think every body in the forum must follow the principles what Satoshi Nakamoto has shown here in the forum by his examples.

Satoshi is a Master of Computation and digital economics. He is a living model of an Avatar, or a Godly man. Most of the religious Prophets or God like roller came in the past and conducted many wars and fights. Some Christian believe that Jesus is coming Bank again and will kill all wicked men with a flaming sword. Muslims people also believe their Mahdi will kill all the Jews and Christian. Hindu Avatar Kalki also will come annihilate greedy and immoral men. In Buddhism, what we learn is peace, and spiritual development.

Buddha never conducted any war or causing to any one suffer.

Jewish messiah will be a figure like, an absolute God like man who will make surrender all the nation to him.

In the case of Satoshi Nakamoto, he is the God of Money, who has come to make the poor rich and help the needy. He has  not declared any war against any one but the bankers and the financial Elites think that he is a threat to their monopoly on the financial service industry.

Now, he has said like the Robin Hood, rob the rich and give it to the poor. Satoshi Nakamoto is actually the real messiah or Avatara or Mahdi who has full the real purpose of the King, or God like heavenly man or angel who should come and help the poor and needy.

Those who you were poor 12 years ago. Think about your life, how hard life you were living then. It is Satoshi Nakamoto has set you free from your suffering. He has made you rich. Why then you are so much ungrateful to Satoshi.

When an unknown follower of me donated about $200 dollars worth of Bitcoin to me, I felt good. So is the case of Satoshi. Who said, care and share. That was the Moto of Satoshi Nakamoto. I have read over the months so many articles and watch video about Satoshi and his dedicated work. I feel that Satoshi is  self less helper who has come to help us.

We must learn from Satoshi. We must not harm a benevolent man like Satoshi. It was the duty of the Bitcoin community to find satoshi and help him every possible way we can. I am sure there are people here in the community who openly announce many things against Satoshi. Also there is few groups trying to hack and ruine his work, these people are definitely sponsored by our enemy.

My humble request is, satoshi has done nothing against you so leave him alone and let him live a peacefully.

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August 26, 2022, 12:08:29 PM
 #78

In 2015 many people threw away Bitcoin just to buy a few things they needed or something else using Bitcoin, without them realizing the price of Bitcoin from year to year is always growing and continues to grow until now. Therefore, how important it is to store Bitcoin from the past until now because in the development of technology that is increasing, surely one day everyone will hold Bitcoin for investment that is really very useful in the future.
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August 26, 2022, 02:16:16 PM
 #79

In 2015 many people threw away Bitcoin just to buy a few things they needed or something else using Bitcoin, without them realizing the price of Bitcoin from year to year is always growing and continues to grow until now. Therefore, how important it is to store Bitcoin from the past until now because in the development of technology that is increasing, surely one day everyone will hold Bitcoin for investment that is really very useful in the future.
That was because nobody is able to travel ahead of time and tells that this gonna happen. People had thought before that Bitcoin can't have a higher value and did not expect this will gain wide attention and they spend thousands of Bitcoin on Pizza. Just imagine how Bitcoin is able to grow fast and gain attention from whales, businessmen, and big companies. And it was now to say that being an early adopter is not regretable but consider this an opportunity that once been ignored by many individuals.
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August 26, 2022, 05:16:07 PM
 #80

It is not surprising to see so many people improving their lives thanks to bitcoin, young people today are seeing that the opportunities they have are limited compared to other generations and a such they are looking for alternatives in which they can invest their small savings.

And fortunately for them bitcoin is here to help them out, however I would argue that even if we can improve our lives during the short term, it is also important to think about the long term, as the longer we hold our bitcoin the more benefits we can get, so if someone can keep their coins instead of using them right now the benefits they will get will be even higher in the future.

Bitcoin can help you achieve your goals if you use it the right way. If you buy it too late, or sell it too early, it will only lead to loss of your money, or the earnings will be so small that it will not help you realize your dreams. Bitcoin is just a tool that you need to know how to use correctly, otherwise it will not bring the expected results.
Everyone has hopes or dreams in life which most of the times are not possible to realize due to lack of money. Because everyone is in  limitation financially. At present, Bitcoin is capable enough to fill those opportunities that cannot be thought of in any other platform. So those who are ambitious should collect bitcoin coins. Everyone should think of it as the digital gold of the future which will play a real impact in fulfillment your desire.
Yes it is true that only man is full of hopes and aspirations in his life. He is always scrambling to fulfill his life dreams.But some means are needed to fulfill people's dreams and if those means are through Bitcoin then we will certainly invest in Bitcoin.How people are currently investing in Bitcoin to become established. But I really like Bitcoin investing.Yes of course people value bitcoin more than gold.
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