If you had 50k and it was life or death situation to triple that money to pay... - page 2.

robelneo

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Quote from: trueherobtc on June 05, 2022, 01:45:20 AM

To pay for your fathers surgery who he is really really ill I am willing to risk this 50k and invest it to triple to be able to save him. What would you save on this next bull run ?

Much help would be highly highly appreciated !

(I will updated you guys as how it goes)

The Cryptocurrency market is highly volatile if it's a life or death I would not even think of investing the money for surgery if you lose, you will regret it for the rest of your life, you know the saying only invest money that you can afford to lose, can you afford to lose money for your surgery, so don't do it, there's another way than risking your father's life, the life of your love ones is not something you gamble in the market.

Ulven

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Quote from: trueherobtc on June 05, 2022, 01:45:20 AM

To pay for your fathers surgery who he is really really ill I am willing to risk this 50k and invest it to triple to be able to save him. What would you save on this next bull run ?

Much help would be highly highly appreciated !

(I will updated you guys as how it goes)

There's no assurance that the bull run will approach soon. And I'm sure you wouldn't risk the funds allocated for your father's surgery if I were in your situation. There are other ways for you to earn or save for crypto investment!!It's between life and death and no profit could replace your father's life. They say that you must only invest what you could afford to lose so you better think of the possible consequence if you'll invest that fund.

Coin_trader

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Quote from: maydna on June 05, 2022, 06:22:10 AM

I do not need to think about it too long if the money is to pay for my father's surgery, and I am willing to use it for him. I think we can make money some other time, and we have that opportunity. Instead of investing $50k in bitcoin, which we don't know when the price will increase, I will give that money to my father for his surgery. I can still try to invest in bitcoin next time, and I believe I can still do it.

The dilemma here was he needs to triple the money in able to pay for the surgery cost and not choose whether to pay 50K or invest. If I where the one on this fck up situation, I will not risk anymore the 50K since life is at stake here while investing in crypto is very dangerous. It's very hard to trade the money that badly needed by someone because your decision will always influence by pressure which prone to mistakes however you can invest the money on lending/staking that will provide passive income to help cut the bills while the remaining balance from the surgery will be coming from a loan in the bank.

Adbitco

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Life is far more better than investment after your father's life have been saved, and if he recovers fully maybe he would helped you to get some money to start back your investment journey than to hold it on and loose your father. Common come to take a look at this, if you were the one down or at point of death would you allow your Son to go make an investment and lost your life while you know very well your Son has the money?
Please whatever it takes you please to and attend to his Surgery before thinking of an investments.
Good Luck And I Wish Him Quickly Recovery, Successful Surgery And Sound Health.

dwminer1

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Do you, my friend, seriously think that someone will answer you "invest in this and that, and you will certainly save your father's life"? This can only be done by a person without affection who wants to deceive you. You can find a lot of posts about the proposed investments on this forum, but you have to answer the question if you really cannot get the missing amount in another way. By risking this way, you are putting at stake not only money, but also the life of person important to you.

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Quote from: trueherobtc on June 05, 2022, 01:45:20 AM

To pay for your fathers surgery who he is really really ill I am willing to risk this 50k and invest it to triple to be able to save him. What would you save on this next bull run ? ..

You cannot guarantee to enhance 50 thousand dollars 3 times, but having such an idea of the cryptocurrency market, you are 100% likely to lose the money you need so much. It is impossible to treat the crypto currency market as a casino, there is no guaranteed profit here.

maydna

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Quote from: Marvell1 on June 05, 2022, 11:37:59 AM

Quote from: maydna on June 05, 2022, 06:22:10 AM

~snip~

This is a lame comparison, there's no reason why we shouldn't save our father for whatever reason. Without dad we wouldn't be where we are today and without bitcoin we would look for other things. Dad has only one and bitcoins are many, bitcoin is very good to invest, the opportunity gives us a lot of money but it cannot compare with fatherhood.

That's why I prefer to save my father by giving our money to him so that my father can perform surgery in the hospital. I would feel very sad if I didn't help him because my father was very close to me. I am sure that my father will pray for me so that I can find it easy to earn money. Dad's health is more important to me than using the money for investment.

goaldigger

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Investing will always take time so technically, you can’t triple that money in just a month, so you might get into big trouble if you invest it. I’d rather use that, look for other source of income especially with your Insurance and use that to save your Father. Investing is quite not an option for me, same thing with gambling what I can suggest is that, have a fund raising and for sure many people are willing to help.

cryptomaniac_xxx

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Quote from: trueherobtc on June 05, 2022, 01:45:20 AM

To pay for your fathers surgery who he is really really ill I am willing to risk this 50k and invest it to triple to be able to save him. What would you save on this next bull run ?

Much help would be highly highly appreciated !

(I will updated you guys as how it goes)

In the first place, this is risky, are you willing to take the risk of $50k or used it to pay for your father's surgery right away?

If I'm in your shoes, I will pick the latter, as I will not gamble that money. You don't know what the future holds, it might be bitcoin that can give you x3 in the future, or altcoins such as BNB and ETH. But as I have said, this is crypto, yes we expect a bull run in the next couple of years but in a emergency situation like what you have laid down, the choice is easy, I will not invest that money in crypto.

milewilda

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Quote from: trueherobtc on June 05, 2022, 01:45:20 AM

To pay for your fathers surgery who he is really really ill I am willing to risk this 50k and invest it to triple to be able to save him. What would you save on this next bull run ?

Much help would be highly highly appreciated !

(I will updated you guys as how it goes)

Dont gamble out because basing on what you had said which you do only need $150k and currently having 50k then it would be smart if you dont risk up that amount on hoping that crypto market investment will save up the situation considering on how risky it is then it wont really guarantee out on making that kind of target because instead of earning then you can potentially lost up that 50k
or make yourself been holding in the market just because the price had plummet on the time you had bought some coins so its a tough decision if you do tend to proceed on.
Find another way and that 50k of yours should really be given or prior into your dads partial payment for the surgery.

Xal0lex

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Quote from: trueherobtc on June 05, 2022, 01:45:20 AM

To pay for your fathers surgery who he is really really ill I am willing to risk this 50k and invest it to triple to be able to save him. What would you save on this next bull run ?

There are two huge investment mistakes here:

- Investing not free money, but money that is set aside for some need.
- Increased financial expectations, resulting in higher risk and likely ill-considered decisions when investing or withdrawing.

This behavior sounds more like a roulette game than investing. I do not advise anyone to do so, the outcome of such a scheme, with a probability of 95%, will be sad, partial or complete loss of the deposit.

Slow death

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Haven't you seen what happened to Luna recently? Why don't people learn from that accident? if you put your money in this cryptocurrency market then you must think that all your money can reach zero, so you should never put money in this market that you cannot afford to lose, especially when it is money that is to be saved life of some of your relatives, don't be fooled by this market, having a 3X increase can be something that would take years, maybe 5 years, and your relative's health may not last those 5 years, you would risk putting money in this market of uncertainty? who guarantees you that every market could not go to zero? or who guarantees you that years from now you could have 3X profits? no one can give you that guarantee, so don't trust this market too much

ampere

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Quote from: trueherobtc on June 05, 2022, 01:45:20 AM

To pay for your fathers surgery who he is really really ill I am willing to risk this 50k and invest it to triple to be able to save him. What would you save on this next bull run ?

Much help would be highly highly appreciated !

(I will updated you guys as how it goes)

Irrespective of the amount of money and the type of tokens that you have. Humanity should thrive first. Crypto currency is not a ponzi scheme, it is not a money doubling firm. Why would you compare a life to an investment? it is a bad example to start with, and believe me, i would like if you take down this post

jrrsparkles

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Quote from: trueherobtc on June 05, 2022, 01:45:20 AM

To pay for your fathers surgery who he is really really ill I am willing to risk this 50k and invest it to triple to be able to save him. What would you save on this next bull run ?

Much help would be highly highly appreciated !

(I will updated you guys as how it goes)

Never, anyone should avoid such kind of investment I would rather go for fund raising or any other way if possible.

Remember you should never invest the money which you need to spend for something in near future, the only money should go to investment even after the liquid cash needed for the next 6 months or a year.

serjent05

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Let me show this one quote:

Quote

Emotional investment
Investing based on emotion (greed or fear) is the main reason why so many people are buying at market tops and selling at market bottoms. Underestimating risks associated with investments is one reason why investors sometimes make suboptimal decisions based on emotion.

You can read more here

In short, forget about investing if you are clouded with emotion. It will not do you any good. Spend the money where it should be and do an investment when you cleared your mind of any problems or worries.

virasisog

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Quote from: trueherobtc on June 05, 2022, 01:45:20 AM

To pay for your fathers surgery who he is really really ill I am willing to risk this 50k and invest it to triple to be able to save him. What would you save on this next bull run ?

Much help would be highly highly appreciated !

(I will updated you guys as how it goes)

I wouldn't risk the funds allocated for my father's surgery if I were in your situation. There are other ways for you to earn or save for crypto investment. It's between life and death and no profit could replace your father's life. They say that you must only invest what you could afford to lose so you better think of the possible consequence if you'll invest that fund. There's no assurance that the bull run will approach soon.

Marvell1

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Quote from: maydna on June 05, 2022, 06:22:10 AM

I do not need to think about it too long if the money is to pay for my father's surgery, and I am willing to use it for him. I think we can make money some other time, and we have that opportunity. Instead of investing $50k in bitcoin, which we don't know when the price will increase, I will give that money to my father for his surgery. I can still try to invest in bitcoin next time, and I believe I can still do it.

This is a lame comparison, there's no reason why we shouldn't save our father for whatever reason. Without dad we wouldn't be where we are today and without bitcoin we would look for other things. Dad has only one and bitcoins are many, bitcoin is very good to invest, the opportunity gives us a lot of money but it cannot compare with fatherhood.

Jackl87

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Quote from: trueherobtc on June 05, 2022, 01:45:20 AM

To pay for your fathers surgery who he is really really ill I am willing to risk this 50k and invest it to triple to be able to save him. What would you save on this next bull run ?
Much help would be highly highly appreciated !
(I will updated you guys as how it goes)

Hello OP. First off all i am sorry to hear that your father is in such a situation and i hope he is ok given the circumstances. To your question about tripling your money fast in order to pay for your fathers needed surgery think that you should not risk a crypto investment here. The risk of losing all those 50k usd is just way too high in my opinion. Also i think that you need to be really lucky at the moment to make a x3 of your investment because the whole crypto market is in bear mode.

fenican

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Need more details. What country do you live in, what procedure, and what insurance options are available? In the USA health care insurance is guaranteed issue during enrollment periods regardless of how sick you are. If he is 65+ in the USA, should be able to apply for Medicare immediately. If he is destitute, with minimal income, he should be able to apply for Medicaid. In life or death situations in the USA, too, the hospital cannot deny you the care for financial reasons. They are required to stabilized the patient and bill them later.

I also can't imagine any provider in the USA who wouldn't take $50k as a cash down payment and do the rest on a payment plan. Outside of the USA, I can't imagine a procedure costing more than $50k.

hyudien

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Do you know when the bull run came? while this is about the life of a human being who must be saved. Then you convince yourself to invest where no one really knows when a bull run will happen. What if you have lost money and the market is still bearish while your dad needs treatment?
Did you pull the trigger to shoot yourself? and delaying the withdrawal because it is still a big loss?
Risk-taking sounds ridiculous if you think about it. Think like an investor if you want to invest. But you are like a gambler who bets on human life.

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