Topic: Is it wrong for a pastor to Trade Bitcoin or altcoins? - page 2. (Read 537 times)

The answer dey your hand na, you suppose ask yourself say you Don see where dey write am for Bibble or any holy book say bitcoin or Alcoins, or let me say trading na bad thing? As far say E no be bad thing then pastor can learn it and can trade na, pastor dey do him work for church no mean say E no go find another way to bring food for him table, these day's E dey very difficult to see some people to bring out offrin money for church, and again church money no be pastor money unless na pastor wey wan chop church money.

But the one wey you talk say he is interested in sporty betting na that one dey very risky, trading na normal thing wey be say person go do still get gain and no matter how you no fit lose your money finish unless you no Sabi trading, but for sporty, that one i no put mouth and that pastor no suppose put mind for sporty because even them too dey prich say make person no dey play bet.

If it's trading he wants to venture into, then I see nothing wrong. A paster represents God
S presence here on earth. So long he doesn't steal from his members to trade or any thing. I guess I get the view you have on this, trading isn't the same a gambling. I see gambling as something that a true Christian shouldn't be doing. Not even talk of a pastor. He should lead by example. If he wants to trade then he can learn as there's nothing wrong. But him asking about gambling is a default. He should live up to the work of God. Except he isn't really a man of God.

It is not wrong for pastor to look for a means of earning a living, but how he goes about it is what matters a lot. Since you said that the pastor is having some financial challenges, gambling and trading is not the way out from financial challenges because they will worsen your condition the more. The reason why I said this is because, gambling is done for fun and losing is more often in gambling than winning. Which means that, he would lose out the little that he has to the casino. Trading is a not a way out, it is very complex and not a get rich quick scheme, but a place to throw your money and time into before you can be a professional trader, if possible. The pastor chose the wrong ways to work for a living. Advice him and tell him more about the consequences of his decisions.

The reason why people believe spiritual leaders should not engage in activities like trading and gambling is because it may raise concern among the members of the church and as well might distract the pastor from their heavenly duties. We all know the attention/commitment that trading and gambling need to be successful. A pastor cannot give the same attention he gives the church in terms of support, guidance, and spiritual satisfaction to gambling/trading.

There is nothing wrong with doing something else aside from being a spiritual leader. There are businesses, investments, and other activities they can engage in that won't distract them from their Godly duties. 

OP, I see nothing wrong if a pastor decides or wants to invest in bitcoin. Bitcoin investment can run for a long term if he chooses to do so depending on the market situation and also there is nothing bad if the pastor says he wants to learn trading. The only thing there is that if he could be able to endure the process because it involves time and commitment likewise him focusing to learn the trading techniques. As it is that pastors are much engaged with  their pastoral work, I doubt if he could be able to meetup the trading class or to talk of learning it very fast but if it comes to investment, that would be very easy as it does not cost much but just how to use the wallet and secure his asset safely.

I have read through so many comments here but to be frank the Pastoral calling is not what you think is a Sunday Sunday things. A full time pastor would barely have time to trade not to talk of going or having a trading class to sit for. They are always scheduled with engagements, counselling, evangelism, programs and lots of other kingdom engagements and in some case, part time pastors too faces the heat that way. Being a pastor is not what you think they are always free but rather most of their free time, they study the bible to prepare themselves when it happens that they are yet to breakthrough in their ministries. Pastors who have time for such are those who have already breakthrough and are well established with many sons under them as they are a bit free but even at then, they still get engagements that takes their time.

Based on wetin dey on ground, e be like say your pastor join this pastoring job becos of money and  e come be like say the money wey dey enta the church no dey enough for am becos I no see any good reason why a spiritual leader go dey use church money dey Play gamble,e no make sense at all. Many Clergymen now see church as a business ground and thereby milking their congregation dry. I for like make you change that church or maybe since you dey close to the pastor I for like make you advice am to stop gambling.

immediately I saw the title of this thread, I bursted into laughter because I've witnessed a lot of questions regarding how most pastors fits into this digital age and how they can also benefit from the way Money is being made in this generation. Here's my take.

Do pastors own businesses and engage in physical trading? The answer is an emphatic YES. Do they speculate the price of goods in the coming months and stock thier shops with the hope that the price will rise so they can make good profit? The answer is still YES. Are there times when thier speculation doesn't go as planned and they buy high only to sell at a lower price? The answer is yet again an emphatic YES. So what's then the difference between what they are used to in the conventional trading of goods and services and trading in the context of crypto? Is it now a sin because we're dealing with a digital asset that's not tangeable?

As a pastor most expecially in this part of the world where  churches and mosque are everywhere, what's the maximum amount of time you spend in the Church or mosque per week? It's usually less than 30% of your time and what then happens to the remaining time? will you sit back and wait for church members to bring food to your table when you could also sit back in your office and do some analysis and get a good amount of money? It's totally understandable if trading is not your thing but regardless, staying idle should be out of the equation because even the Bible you believe in warn against idleness and any thing of it kind.

The only thing I feel it's inappropriate that a pastor should be found doing is engaging in gambling. The reason why I'm against it and feel it's not appropriate is that it's clearly spelt out that gambling is not a thing for Christians and considering how addictive it can be, it's only best that it never be seen among them.

I think he's an honest man to try hustling out of the box instead of manipulating his members and extorting unreasonably from them in form of seed sowing or going the extra mile to obtain powers from other sources so he can perform steady miracles and fix his finances from there. I still have my reservations for gambling and trading for a pastor since those are emotionally manipulating and can affect his deposition towards his religious duties.

For me it's not a good idea at all, and I'll dissect it with respect to each of them.

Trading: firstly trading needs some quality portfolio and experience to get going. He cannot get that experience by just coming around and asking some free questions, it's built over time with consistent guidance from an experienced trader. Trading without much experience would see him lose his limited funds and increase his frustration. Also this might mean distraction for him in his religious duties and he may end up giving more time to the trading than his pastor works.

 Finally, trading has lots of emotional attachment to it since losing your funds is very much possible. I don't think he would be in the right mindset to spread the religious gospel properly when traumatized by the negative effect of trading

Gambling first and foremost his mindset towards gambling is totally wrong as he's viewing it as a source of income instead of a fun activity and it should be discouraged before addiction takes his mind away.
Secondly,  the country we're from views gamblers as sinners and irresponsible people and the man of God would least appreciate such notion about him

I think the two areas he's venturing into is a time bomb waiting to explode on him. Maybe he has a get rich quick mindset and he's choosing the wrong approach to expanding his finances. He should be encouraged to learn another less emotion consuming skill instead of these two above. I have pastor friends who are Lawyers, realtors, plumbers and even carpenters. One is even a web developer, works remotely and makes good money.

The gambling and trading career he's going for might rather destroy his vocation and I would boldly say that it's the devil that is tempting him. He better resists it now before it's too late.

There's nothing wrong with a pastor trading bitcoins or alt coins as a matter of fact it's very reasonable for them to do all of these instead of depending on the church for financial freedom. There are some pastors that don't have anything doing and instead of learning things about the financial market or trying to learn a skill that pays they rely on the church members for money which isn't an ideal thing to do if you ask me. Being a pastor doesn't stop you from trying your best to build a career and try to be successful.

Pastors and spiritual leaders as you said should actually get a job and do the church thing in the side because even idealness and lack of funds can push them to gamble too, which is far from what they are expected to be preaching.

Trading bitcoin or even investing in bitcoin is something that they can do that will not distract them from their religious activities.

They are humans not Angels as most people perceive them to be, they shouldn't be lazy but get more engaged in activities that can make them a living.

Gambling should be out of it but proper investment should be encouraged.

If we get to flow this in our 9ja way based on blackman mentality, by religious dedicated and strongly believer no supposed dey gamble. We already know the addictive potentials about way dey inside way be say na just Got trace to make person no lost inside as a course of chasing on profits abi u want tell me say na fun the pastor go dey find for casino? How em want take advice em congregation about an self if em dey do am?
We still all know say bitcoin na lucrative financial technology way people dey take earn legally so I no see anything bad for such religious believers as the pastor to invest on bitcoin.
Being aware, we only need to invest wisely because crypto markets na were we looses and profits dey come only when u invest in good coins like bitcoin and holds for long time. This one no be gamble and also, no be devilish development to say na ungodly technology.
So make sure he pastor carry on with the vision of investing for bitcoin.

well it is very wrong for a man of God to get involved in anything call gambling because is a sin but if it is crypto trading I see nothing wrong with it ,moreso it will be good for pastors to involve in crypto investment since majority of them don't have other sources of income aside the monthly salary they are being paid. Lastly  crypto investment is good for everybody but pastors ,bishop and even pope.

So disheartening to see say it still gets some religious organizations wey dey demonize crypto trading in this modern era of pervasive enlightenment. More worse na when the members chose not to self study and do research on their own, just as the holy book (Bible) talk am saying "search the scriptures".  Many of them wey the talk say nah because say na online things but the still use internet for their religious programmes, no be mediocre be that?

On a serious note, nah even Forex or crypto trading go well for these clerics as them no get the time to the go for daily  office work, them go just sit at home at their convenience and do their trading. Which invariably will help them not to depend solely on church purse (offerings and tithe, seed sowing) for survival. But then, them go need give in to learning and embedding themselves in the skills and craft of trading.

When we dey grow up for our denomination, e get plenty things way we dey look as bad thing but today many of those doctrines don change. Those churches way been say tv na sin don dey watch tv now even for church. The ones way no dey allow women wear trousers, make up and artificial hair don change their doctrines. Times don change, I no like the idea say my pastor go dey go bet shop go bet game cause people don tag gamblers as people way no dey contribute anything to society.

Every religion de against gambling, so for a man of God to be involved in gambling is really bad. OP you sef wey de ask this question know say all religions are against gambling, even tho we know say our economy don push plenty people de go into any way to atlest earn a living, just imagine say you de see your pastor for bet shop how he go look. I'm not sure about that of bitcoin investment Sha if it is allowed religion wise, because to me bitcoin investment be like business and all business are Established to maximize profits so is bitcoin investment too.

Mehn if you check the rate at which people de run into betting and other ways to make quick money for this country ehn e no suppose shock you say pastor sef Wan de play bet, the economy is too bad and alot of people de go tru hardship, some people sef know say watin dem de do de bad but man need to survive. Make God just help us for this country but e no easy.

exactly the same way I felt when he came to me.

We know how hard the economy is but a pastor should not delve into secular means of earning a living

Nor be my first time to see this type of thing. E nor dey shake me because I know man of God na still man he be not be God. The way una dey talk this gambling like say na one kian abomination dey shock me and at the same time una still dey promote gambling casinos. If you know say gambling na sin why you come dey introduce people to the sin? Some of these small churches pastors na full time ministry them dey do, no source of income except offering and tithe so nor surprise when you see them dey hustle the one them fit do legitimately to feed their family.

I'm actually short of words because this is the first time I'm hearing about such thing about a pastor wanting to come into gambling because of financial problem, however what makes him feel that gambling will set him free from financial constraints, actually a true man of God is always very okay with the little money they have so long as they can feed very well to do the work of God but those who choose the work based on what they want to achieve will certainly go for other things if they are not seeing the money, though if the pastor decides to invest on Bitcoin is fine but moving further to also gamble is the one I don't understand because it implies so many things and it doesn't make any sense for a man of God to leave doing the work of God to chase gambling most of them preach against.

Like this now if I dey understand wetin you talk mean say bitcoin, altcoin or gambling na sin? Wetin do gambling or bitcoin trading wey pastor no fit join. If religion should deprive pastors from gambling or trading then you’re also involved meaning you no go gamble or trade.

Gambling and trade na normal activity everybody fit partake, pastors are also normal humans and if you view gambling as a bad activity no need to join, If na fraud I understand but trade?? secular pursuit but we have so many pastors engaging in different business and money related activities also this discrimination no real sound right.

I doubt if you really now about trading or even have a knowledge about trading. Because if you do that you would have know that answer of this question your self, but is you say you just what to hear other people opinion on it then it is a different issue, but you didn’t say any according to your perspective, that it what made curious to know, if you really know about crypto trading or you just create a friction story for discussion?

Furthermore there are differences in this two similar aspect. Crypto trading and gambling are not the same even it the are somehow similar, firstly, let me clarify crypto trading, crypto trading is a scheme that you will have an analysis and investigation on a coin and then invest in it, which will only be done if you have potential in it, or someone else gave you a signals to use, and you will be allowed to put your stop loss, that will not let you lose all your money even if you slept in the process, and when learning about crypto trading the first time you will know about is risk management, so you will know how to go in a tread that will not affect you even if you encounter a lost.

Secondly, Gambling. This is different from crypto trading because you will stake your mom base on a prediction of a game, and there is no future like stop loss that will help you to secure your funds even if you are not active online, the only similar future is call cashout, which you get when the game is still ongoing and that future is mostly not helping the gamblers. Because in some cases they will end up cashing out and win the game at the end which is so sad. Furthermore in gambling you won’t learn anything about risk management, you will just do this base on your wish, experience and also expectations.

Moreover if we are the consider the act that a man of god is not supposed to be doing then it should be gambling, but a gambler is not a person that need to be trusted again, due to it addiction. When he is addicted he might do what ever it takes or use the fellowship money to play his bet, but is crypto trading nothing like addiction.