Topic: Planning to invest in Bitcoin to perform Hajj. (Read 852 times)

I have an investment plan for my mother by collecting $3 every day from the results of my mother's business and that $3 is a small portion of my mother's business profits. My mother owned a grocery store and after my father died, I built a grocery store for my mother with the goal of giving my mother something to do at home.
And my mother already knows that I have been involved with Bitcoin for a long time and I have discussed this, and my mother agrees because she knows the benefits and changes that I get from Bitcoin in the long run. And my mother has great hopes that Bitcoin can provide good profits in the long term, she wants to use these profits to perform the Hajj or can be used as extra money which my mother has long planned.

And I would like to know your opinion whether this plan will be successful in the long term and aims to provide additional funds to carry out the long-desired Hajj. My mother is currently 60 years old and wants to perform the Hajj at the age of 70, and my mother also has savings that she has been working on for a long time and also has the same goal and is sometimes used for emergency funds.
And with this I took the initiative to plan this which I will do in stages and my plan is, using $3 a day from my mother's grocery store in 30 days = $90 that I will spend in Bitcoin every month. And I will also increase my purchases when my mother has excess money or unexpected money because that often happens.

And I ask for prayers from the BTT Forum which I respect so that my mother's dream of performing the Hajj can come true.

And I would like to know your opinion whether this plan will be successful in the long term and aims to provide additional funds to carry out the long-desired Hajj. My mother is currently 60 years old and wants to perform the Hajj at the age of 70, and my mother also has savings that she has been working on for a long time and also has the same goal and is sometimes used for emergency funds.
And with this I took the initiative to plan this which I will do in stages and my plan is, using $3 a day from my mother's grocery store in 30 days = $90 that I will spend in Bitcoin every month. And I will also increase my purchases when my mother has excess money or unexpected money because that often happens.

Can I know what is Haji?

Bitcoin is an asset. If you invest in anything, its price will fall and rise, there will be a possibility of profit loss. Business Halal business has profit and loss. Different products are used in business but digital currency is used here.  So how is it forbidden?  But since I don't know hadith well, I also can't say with guarantee whether it is halal or haram. But for Hajj I think it would be better to save FIAT money.  In this he will be able to perform Hajj within a certain period.  Because in this case they will know how long they have to save money to manage their entire money

Performing the Hajj has become the dream of every Muslim and they have to prepare money that can take them to the holy land with money that comes from their hard work so that they can carry out their pilgrimage well and perfectly, as you said there are indeed some people who sell some their wealth to be able to perform the Hajj, but for those who do not have any inheritance, of course they must try as much as possible to be able to complete the Hajj by collecting money in a halal way.

If you are still confused about whether Bitcoin is halal or haram then it would be better for you to follow someone you can trust and who will not make you doubt what you are following.

Hajj is a holy thing and every Muslim wishes to perform Hajj at least once in his life. However, Muslims believe that the cost of performing Hajj should be paid only with holy money, so people sell their material possessions and perform Hajj with their hard earned Halal money. Many Islamic scholars say that bitcoin money is not completely halal, while others say that it is halal. But I myself am confused about this.  So I'd say at least it's not a very good idea to save money in bitcoins for Hajj. You invest in Bitcoin and use that money for other purposes but use other money for Hajj

Its incredibly delightful to support one and other here as forum members,we all share similar opinions and thoughts for our growth and
Development.

Its a good thing to hear that you and your mom have worked so hard all these years to fulfill this and its gradually turning into completion and perfection..

Its definitely a good idea to support your religion and your mother's dreams of achieving it is just by the corner.I pray her dreams come true to achieve this season's hajj,and may she continue to be enriched with the blessings of performing the hajj with longevity and sound health.

I don't like this type of questions because it shows how weak you are, what makes you think that hearing peoples opinion will make any difference? I would have jump right into this if I believed that it would work out in the end.

It will make more sense feeding us the news after you've completely done it, not before even starting, some people can even discourage you and the truth about humans is they always feel like they know what's best for you.

They don't even know where they stand, they have doubts and fear, do not let their effects get the best of you, the fact is you don't need anyone's opinion, do it if you believe it will work out for you, people only know how to distract and stop plans, don't let people be the one to push you into anything you don't want to do.

I have an investment plan for my mother by collecting $3 every day from the results of my mother's business and that $3 is a small portion of my mother's business profits. My mother owned a grocery store and after my father died, I built a grocery store for my mother with the goal of giving my mother something to do at home.
And my mother already knows that I have been involved with Bitcoin for a long time and I have discussed this, and my mother agrees because she knows the benefits and changes that I get from Bitcoin in the long run. And my mother has great hopes that Bitcoin can provide good profits in the long term, she wants to use these profits to perform the Hajj or can be used as extra money which my mother has long planned.

And I would like to know your opinion whether this plan will be successful in the long term and aims to provide additional funds to carry out the long-desired Hajj. My mother is currently 60 years old and wants to perform the Hajj at the age of 70, and my mother also has savings that she has been working on for a long time and also has the same goal and is sometimes used for emergency funds.
And with this I took the initiative to plan this which I will do in stages and my plan is, using $3 a day from my mother's grocery store in 30 days = $90 that I will spend in Bitcoin every month. And I will also increase my purchases when my mother has excess money or unexpected money because that often happens.

And I ask for prayers from the BTT Forum which I respect so that my mother's dream of performing the Hajj can come true.

Thank you all, and actually this goal is not only to fulfill my mother's wish to perform the Hajj, but to ensure my mother's old age too.
Everything has been thought through carefully, and the figure of $3 per day has been considered after prioritizing essential needs, and what's more my mother still has extra monthly money from her other children which I think will be fine.
Once again, thank you for your input and prayers, and also pray that what you all hope for can come true.

I have an investment plan for my mother by collecting $3 every day from the results of my mother's business and that $3 is a small portion of my mother's business profits. My mother owned a grocery store and after my father died, I built a grocery store for my mother with the goal of giving my mother something to do at home.
And my mother already knows that I have been involved with Bitcoin for a long time and I have discussed this, and my mother agrees because she knows the benefits and changes that I get from Bitcoin in the long run. And my mother has great hopes that Bitcoin can provide good profits in the long term, she wants to use these profits to perform the Hajj or can be used as extra money which my mother has long planned.

And I would like to know your opinion whether this plan will be successful in the long term and aims to provide additional funds to carry out the long-desired Hajj. My mother is currently 60 years old and wants to perform the Hajj at the age of 70, and my mother also has savings that she has been working on for a long time and also has the same goal and is sometimes used for emergency funds.
And with this I took the initiative to plan this which I will do in stages and my plan is, using $3 a day from my mother's grocery store in 30 days = $90 that I will spend in Bitcoin every month. And I will also increase my purchases when my mother has excess money or unexpected money because that often happens.

And I ask for prayers from the BTT Forum which I respect so that my mother's dream of performing the Hajj can come true.

And I ask for prayers from the BTT Forum which I respect so that my mother's dream of performing the Hajj can come true.

I have an investment plan for my mother by collecting $3 every day from the results of my mother's business and that $3 is a small portion of my mother's business profits. My mother owned a grocery store and after my father died, I built a grocery store for my mother with the goal of giving my mother something to do at home.
And my mother already knows that I have been involved with Bitcoin for a long time and I have discussed this, and my mother agrees because she knows the benefits and changes that I get from Bitcoin in the long run. And my mother has great hopes that Bitcoin can provide good profits in the long term, she wants to use these profits to perform the Hajj or can be used as extra money which my mother has long planned.

And I would like to know your opinion whether this plan will be successful in the long term and aims to provide additional funds to carry out the long-desired Hajj. My mother is currently 60 years old and wants to perform the Hajj at the age of 70, and my mother also has savings that she has been working on for a long time and also has the same goal and is sometimes used for emergency funds.
And with this I took the initiative to plan this which I will do in stages and my plan is, using $3 a day from my mother's grocery store in 30 days = $90 that I will spend in Bitcoin every month. And I will also increase my purchases when my mother has excess money or unexpected money because that often happens.

And I ask for prayers from the BTT Forum which I respect so that my mother's dream of performing the Hajj can come true.

From the information I got online, the Hajj of this year will be from 14th June to 19th June 2024, am I correct? I am asking because I am not a Muslim.

Since you have mapped out a strategy of saving up $3 every day from your mom's grocery shop to invest in bitcoin, I hope you haven't had a change of plans to continue to do that because sticking up with a particular habit for a long term is not an easy one when it comes to money.

This about a month you started collecting $3 daily from your mom's shop. From the look of things, the $3 per day($90 a month) you have invested in bitcoin so far has gained some profits for you in plans of achieving an aim of taking your mom to Hajj.

Sincerely, nobody knows whether the 2 months remaining to the Hajj, the($90×2) $180 to invest more in bitcoin will give you the desirable profits to match up with your expenses on Hajj ground

Having said that, I just hope bitcoin will skyrocket more so that your mom's plan of going to Hajj comes to fulfillment. Happy Hajj in advance to your mom and to all Muslim brethren