Topic: Why I have bought Bitcoin ? (Read 1121 times)
The needs of every person in this world are different. Some have less demand and some have more. Some are satisfied with little and some are not with much. Anyway, there is nothing new to say about Bitcoin. I believe that the future will be my bitcoin. I have been able to hold very little but I am optimistic that Bitcoin will be able to give me maximum leverage. That's why I'm so interested in collecting bitcoins.
Yes, needs vary between people. Through this thread I understood bitcoin usage have gone beyond what we expect. A Monk using bitcoin is something I never expected, and the same have helped him survive is its core help beyond the purpose for which this is being innovated. Different users have set different values to have them satisfied. In that stand majority prefer to have atleast one bitcoin which in today's market is really a tough task.
In the future, more and more people will want to own bitcoin, it is clear that due to its limited amount it will be difficult for everyone to own bitcoin, but a lot of people will strive to get some part. Of course, I can be wrong, but at the moment I believe in it, it has always been like this and this trend will be observed in the future, and this will inevitably lead to the fact that the price of bitcoin will grow.
For the past years bitcoin has been getting value day by day than I decided to buy bitcoin. I never had any believe for it until I see so many people progressing with it, I then sat down and think over it, can you take this risk I decided it on my own, there is a saying that if you can no take any risk than you are making the biggest mistake of your life. I believe in bitcoin now and also the landlord of my own through bitcoin.
The needs of every person in this world are different. Some have less demand and some have more. Some are satisfied with little and some are not with much. Anyway, there is nothing new to say about Bitcoin. I believe that the future will be my bitcoin. I have been able to hold very little but I am optimistic that Bitcoin will be able to give me maximum leverage. That's why I'm so interested in collecting bitcoins.
Yes, needs vary between people. Through this thread I understood bitcoin usage have gone beyond what we expect. A Monk using bitcoin is something I never expected, and the same have helped him survive is its core help beyond the purpose for which this is being innovated. Different users have set different values to have them satisfied. In that stand majority prefer to have atleast one bitcoin which in today's market is really a tough task. 
I bought Bitcoin because my money is completely safe in it and I only have access to it and it is not controlled by a third party.In Bitcoin I can easily send my money to anyone anywhere.There is no problem for me to hold Bitcoin because it has no physical value, no matter how many Bitcoins I collect.Its transaction is secure and very fast.In the coming times, Bitcoin will be held by countries as a central reserve and if that happens, So anyone who bought bitcoins will have their value in billions.It will be a global reserve in coming times.Bitcoin is leading the entire crypto industry and in a bear market as it is right now, buying Bitcoin can be a very smart decision for the future because if the price of Bitcoin breaks its all-time high in bull season,So I have got huge profit.Bitcoin is a digital currency or digital gold in which big capitalists, big industries and many countries are investing their capital.That's why I also bought Bitcoin
Thank you for your comments and DM.
I do respect all the religions. I have no problem with the agnostics or atheist either. I am actually is not here in this forum to ask for donation. I am not a begger. I am a Digital Monk. Before I became Digital Monk, I used to trade stocks and bonds, I was a banker, central banker. Now I like the decentralised banking system established Satoshi Nakamoto.
I want say, why I have bought Bitcoin ? That is my story. One day I might publish it in a article. I know if I ask for donation then may be some people will donate few bits but I have never asked any one ever to give any donation. I do charity work from my own investment. I sold some amounts of btc which was donated by one of my follower, probably in 2015 or 2016. I sold those coins to raise about $5000 dollars to do some charity work.
I am glad to see there are many bitcoiners who donating few coins to charity. This is good. May the Lord God of Money will bless them.
I do respect all the religions. I have no problem with the agnostics or atheist either. I am actually is not here in this forum to ask for donation. I am not a begger. I am a Digital Monk. Before I became Digital Monk, I used to trade stocks and bonds, I was a banker, central banker. Now I like the decentralised banking system established Satoshi Nakamoto.
I want say, why I have bought Bitcoin ? That is my story. One day I might publish it in a article. I know if I ask for donation then may be some people will donate few bits but I have never asked any one ever to give any donation. I do charity work from my own investment. I sold some amounts of btc which was donated by one of my follower, probably in 2015 or 2016. I sold those coins to raise about $5000 dollars to do some charity work.
I am glad to see there are many bitcoiners who donating few coins to charity. This is good. May the Lord God of Money will bless them.
A digital monk, what a beautiful name you chose, you combine the present and the past, we always imagine a monk from ancient times, and we do not imagine a monk living in the digital age, it is nice to see Bitcoin invading all areas of daily life that we live in every detail, obtaining donations to the church through Bitcoin will be much easier but there must be trust first so that some bad people don't take advantage of it and get donations fraudulently.
It is so easy to get donations if your charity or foundation is legit. Still, the channel to receive them are always difficult, especially the centralized ones that will make you go through a process just to collect a gift or some changes, using banks for example can be frustrating. You know what they can't be trusted, your account could be flagged anytime at any moment but bitcoin has helped us facilitate these obstacles. Your Bitcoin is yours and will remain in your wallet provided that you own the private key, don't live your bitcoins on exchanges.
The amount of bitcoin that is stored on centralized exchanges is constantly decreasing, and this suggests that there are fewer and fewer people who want to risk their investments that are stored with someone else. Experienced users repeat this on the forum many times and at least once everyone has read it, and since he read it, then he should think about it. Keep your bitcoins in cold wallets and sleep well. 
I was thinking about this too. I have never really come in contact with a real monk but I have read and seen their way of life on Documentaries and with this narration, I am having another feeling about monks like monks can really more than be spiritual and @DigitalMonk seems to understand a lot about Bitcoin and cryptocurrency and why do you have to keep stressing that you are a monk like you are trying to convince people you are a monk: https://bitcointalksearch.org/topic/m.60780090
All the proof of donation and usage will go a long way for other support too.
I have to say I never faced with what we call "monk" neither, but I have seen people who put themselves to 100% spiritual life and those type of people always felt a bit phony to me. All those "I do not need wealth" Siddartha type of people always felt like if offered 10 million dollars they would stop their life and start a new rich one. Of course not "all" of them are like that, but majority like 90%+ feels like that.All the proof of donation and usage will go a long way for other support too.
Even monks could desire stuff and digitalmonk probably wants to become like an influencer, he wants to build some sort of follower base, and that way he could be on twitter and instagram all day sharing easy stuff like a few sentences and make a living out of it.
It is so easy to get donations if your charity or foundation is legit. Still, the channel to receive them are always difficult, especially the centralized ones that will make you go through a process just to collect a gift or some changes, using banks for example can be frustrating. You know what they can't be trusted, your account could be flagged anytime at any moment but bitcoin has helped us facilitate these obstacles. Your Bitcoin is yours and will remain in your wallet provided that you own the private key, don't live your bitcoins on exchanges.
We all have what we believe in, we have Muslims, Christians, atheist and other traditional who are in bitcoin that belongs to one or two of the aforementioned, they will support your charity if they so wish with bitcoin without any middle person, this is part of the freedom bitcoin gives you.
We all have what we believe in, we have Muslims, Christians, atheist and other traditional who are in bitcoin that belongs to one or two of the aforementioned, they will support your charity if they so wish with bitcoin without any middle person, this is part of the freedom bitcoin gives you.
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.
People during 2015 really underestimated Bitcoins. I mean definitely, when they see a coin is just increasing little in it's price, and also not legalised at many places , so why would they hold it or store it?
For that reason they traded their Bitcoins for whatever possible items or money they can get.
OP’s story is really very annoying to hear and that’s just my personal opinion. The reason for which I bought Bitcoins is just due to the freedom that I will get by holding it in form of my money.
The price of bitcoin in 2015 was around $200-$300 of course for them they wouldn't know how much higher bitcoins rose so many were selling because they thought maybe bitcoin wouldn't be as high as now so they can't hold it while there is profit and the price goes up for sure they will sell for buy something you want.
But according to them now they know that bitcoin investment is important for our future has improved much better year by year so that's why it's important bitcoin as a better investment.
It is so nice to hear that important occupations can understand importance of Bitcoin. Some people believe Bitcoin is dirty, but noone thinks that its dirty only if you use it for dirty businesses. You can donate Bitcoin to monks, churches, charities or even hospitals if possible/available. It obviously can touch people's life in a good way. Please consider Bitcoin as alternative to fiat money, but nothing illegal or not sin.
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.
People during 2015 really underestimated Bitcoins. I mean definitely, when they see a coin is just increasing little in it's price, and also not legalised at many places , so why would they hold it or store it?
For that reason they traded their Bitcoins for whatever possible items or money they can get.
OP’s story is really very annoying to hear and that’s just my personal opinion. The reason for which I bought Bitcoins is just due to the freedom that I will get by holding it in form of my money.
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.
It is impossible to know everything in advance, not only bitcoin was able to grow in price just as well, there are other examples of good investments. But the bottom line here is that there are always opportunities, you don’t need to focus only on what has already passed and what can’t be returned, you need to look to the future and look for opportunities where you can make a good profit.
When I hear the word "Monk" .... I immediately think of a wise old man on top of a high hill... far away from all the influences of modern technology. 
It is refreshing to see that even Monks are adapting to society and modern world now. 
Just a warning... DO NOT use this forum to ask for donations... because it is against the rules. You can post some pictures of your charity work to add some credibility to your post. (remember... anyone can come to a forum like this and post anything.... there are a lot of scammers out there)
If you post something believable .... people might reach out to you.... like that person that gave you the $5000.
I was thinking about this too. I have never really come in contact with a real monk but I have read and seen their way of life on Documentaries and with this narration, I am having another feeling about monks like monks can really more than be spiritual and @DigitalMonk seems to understand a lot about Bitcoin and cryptocurrency and why do you have to keep stressing that you are a monk like you are trying to convince people you are a monk: https://bitcointalksearch.org/topic/m.60780090 It is refreshing to see that even Monks are adapting to society and modern world now. Just a warning... DO NOT use this forum to ask for donations... because it is against the rules. You can post some pictures of your charity work to add some credibility to your post. (remember... anyone can come to a forum like this and post anything.... there are a lot of scammers out there)
If you post something believable .... people might reach out to you.... like that person that gave you the $5000.
All the proof of donation and usage will go a long way for other support too.
There are many reasons to buy bitcoin here if we buy bitcoin now at a low price it will definitely increase in the future but here we have to be careful while buying like how down the market is,
lol , as if you can truly find when is the down market or up, because this market shows nothing but speculative then best to understand that or be a loser all your life here in crypto market.Quote
of course, buy bitcoin when the market calls or buy other currencies many of us have money in the bank but if we invest bitcoins without keeping money in the bank then we have the possibility of getting a lot of profit in the future,
that is diversification mate , you must buy several coins aside from bitcoin because the coins you must invest will be for future preference .Quote
so investing is a very profitable thing, but you have to understand and time it when the market will be down.
never come to keep expecting , instead make your self ready for everything that may come your way.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.
Speaking of buying Bitcoin, I've just bought right now before the upcoming Ethereum merge which is just a few hours away from now as of this time of writing. I have been doing DCA with Bitcoin since May 2022 and I don't mind about my losses though.
All of them are actually losses because I usually bought it when it was $30k, $20k, $21k and $23.5k respectively. Now I have bought it above $19k, but I don't really expect about recovery anytime soon despite that the Ethereum merge is just hours away. I fully acknowledge the risks anyway, but the beauty of it is the long term result where it may go up to its ATHs again after the next halving or so.
I'm looking forward to it!
All of them are actually losses because I usually bought it when it was $30k, $20k, $21k and $23.5k respectively. Now I have bought it above $19k, but I don't really expect about recovery anytime soon despite that the Ethereum merge is just hours away. I fully acknowledge the risks anyway, but the beauty of it is the long term result where it may go up to its ATHs again after the next halving or so.
I'm looking forward to it!
There are many reasons to buy bitcoin here if we buy bitcoin now at a low price it will definitely increase in the future but here we have to be careful while buying like how down the market is, of course, buy bitcoin when the market calls or buy other currencies many of us have money in the bank but if we invest bitcoins without keeping money in the bank then we have the possibility of getting a lot of profit in the future, so investing is a very profitable thing, but you have to understand and time it when the market will be down.
In 2015 many people threw away Bitcoin just to buy a few things they needed or something else using Bitcoin,
And if this is discussed more superficially, it can be concluded that this is a very fatal mistake, by thinking of selling Bitcoin at that time was not recommended.
without them realizing the price of Bitcoin from year to year is always growing and continues to grow until now.
And this is one of the factors that causes many people to be interested in Bitcoin, with the development of Bitcoin, many people who used to have Bitcoin digital assets are very disappointed with the mistakes they made when they wanted to sell them, and lucky for those who at that time they held back and did not choose to sell it.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.
People who understand Bitcoin and have experience with Bitcoin will of course really think this is very important, because Bitcoin is a very valuable investment asset both now and in the future. Jump to: