Topic: Planning to invest in Bitcoin to perform Hajj. (Read 933 times)

This is a very noble intention, all Muslims have dreams like you, wanting to make their parents happy. In the Islamic religion, making your parents happy is making it possible for your parents to perform the Hajj pilgrimage, continued my brother, this is a very good intention, our prayers are with you, may all your plans come true, amen.

If Bitcoin is haram according to Islamic Shari'ah then performing Hajj with Bitcoin money will not be halal.  Many have compared Bitcoin to a legitimate business because Bitcoin is considered a legitimate income.  If Bitcoin is a halal income then performing Hajj from the money invested in Bitcoin will not be considered haram.

Planning ahead for a journey like Hajj is very important but the problem here is the volatility of Bitcoin. Bitcoin price has not always been stable despite that it has been increasing over the time. The possibility of being more valuable in the next ten years as you plan is somehow high but it is also possible that it might suffer setback during that period of ten years later. I understand the importance of Hajj in Islam but it's not mandatory for the less privilege. You can not just save to embark on the journey and after the journey you become a liability to your relatives. There are other several ways to earn rewards and pleasing the lord without attending Hajj. I wish you accomplish your dream even faster than expected but the reason I am saying this is for you and your mother not to feel too bad in case things don't go as planned. A trip to Hajj is a predestined and I pray your mother is among those destine to perform it in their lifetime.


And your account name is MusaMohamed? Is there anything I'm not understanding here? Well, Hajj is one of the five pillars of Islam which mean a trip to Mecca to perform religious activities.

Someone who invests will of course be able to make profits and losses depending on how they run their investment or business and in my opinion both in business as you mentioned and digital currency both need money to be able to run their investments so where is the difference you mentioned?
Yes, you don't really understand it well, of course you should avoid things that are detrimental to yourself and never collect Bitcoins for Hajj and you must manage your money well so you can make Hajj.

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.

We share , we earn together and we also lose together lol, but that is market we don't know what awaits us in the next day.

that is something they should be proud doing together as mother and son , congrats on that.

the world is not against us, we can do anything to what we wanted as long as there is no taking advantage from others.

It's not being weak, but more like building more confidence in his plans to invest his mother's money. Even if he has experience and knowledge about Bitcoin, the fact that the money to be invested in Bitcoin is coming from the profit earned in his mother's grocery store is not his money. Maybe he is having a mix of emotions about whether his plan will be good for his mother or not.

Though most of the previous posts say that it is good, and he knows that this plan will not be wasted, it is still a good idea to ask for other people's opinions who can also understand this kind of investment. It does not show weakness, it only means that you are open to receiving advice from other people that can help to increase your knowledge and know to yourself that you're not the only one who has this kind of mindset.

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.

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.

Collecting $3 every day regularly to invest in Bitcoin then all the proceeds from that investment will be used to perform the Hajj, that's not a bad idea in my opinion. Performing the Hajj pilgrimage is the desire of most Muslims, but not all of them can fulfill one of the fifth pillars of Islam due to financial limitations. There are several factors to consider before buying Bitcoin every month with an accumulated amount of around $90, now may not be the right time to buy as Bitcoin has just broken a new ATH.

Waiting until the price of Bitcoin falls again might be the best choice to achieve multiple profits in the future, in the meantime, you can continue to collect this money regularly every month to buy Bitcoin at the desired price. May your mother live a long life and her health will always be in the best condition so she can carry out the worship she desires most.

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

Relying on Bitcoin to go to the moon is not enough. Maybe it has one or two more bull runs in that time frame and that's it.

You're going to have to find a way to acquire more money for Hajj. My suggestion: Do not try to increase the investment ROI. As the ROI increases so does the risk of the investment, and I am talking about things like Nexo, Celcius, etc.

I am not sure how much it's going to cost as there are different packages but I think that if you save at least $1000 in total (so $1000/$3 = for 333 days or almost a year), you will have enough money to go.

gather $3 per day with the aim of buying bitcoin and if you have made a profit from investing in bitcoin then it will be used for the costs of the Hajj pilgrimage I think that is a good thing and of course you have good intentions and in essence you will use the money for positive things .

as you said, gather $3 per day and if you add it up per month it becomes $90, of course this is quite a large amount for additional costs for the Hajj and you will buy bitcoin once a month with that money, of course this is a good thing and the system you use is the DCA system.

considering that your mother is currently 60 years old and plans to go on the Hajj when your mother is 70 years old, of course there is still time to invest and of course by investing in BTC you have the potential to make a profit so I think the strategy you are using is a good strategy. .

But of course you also have to be prepared for the risks posed by BTC because of course investing in BTC is very risky.

Yes, I hope your mother's dream comes true to perform the Hajj and may God give you a long life and health and safety.

I admire such good plans and the medium already identified to fulfil it. It's very clearly how your DCA strategy of investment is intended to be used and am sure after withdrawal to sponsor the Hajj, you would make some profit that can be diversified to help other projects or needs, also you might have just been able to learn how to be disciplined in keeping to the DCA plan and would even go as far as continuing the process to sponsor other dreams that may be achieved I'm the next few years.

a very noble dream, because as far as I know, Hajj is an obligation in the final religion of Islam and not everyone can go on Hajj because it is very expensive (for people with an average income). Your good intentions should be hastened because your mother is no longer young. If you need advice, maybe leaving as soon as possible before the age of 65 is better because the physical condition of older people weakens very easily. And you need to know that the Hajj is very difficult, therefore you need to be in prime physical condition so that the Hajj can be carried out smoothly.

If bitcoin is successful in helping you to uphold your religious values, make sure it comes from a halal funding source too. Don't mix money from gambling (if you often gamble at the casino) with anything related to religion. I know it can be done, but I feel like it's not very good. Spiritually, I slightly reject the interference of bad assets for good purposes.

The point is, $90 every month will obviously find its finish line, maybe in 3 years (if you're starting from zero now)... and if your mother's savings are big enough, maybe it can be sooner... Im sure...what you dreamed for your mother is true -really came true ASAP..

Yes this is really good idea to me if you can continue with that step, of course thousand of steps start from a mile, you investing $90 monthly is not a bad idea, but make sure it doesn’t affect your mother grocery  because of other expenses at the store and other personal expenses by your mother, I’m really in support of your decision but make sure it doesn’t affect your mother grocery store,And also don’t be greedy to look for more and investing more than what you have budgeted. By the end of the duration which you have calculated it will be a nice decision that you have made to you and your mother,I’m not a Muslim but it a good thing, Must people do the same but in a different reason. So it not a bad decision but try let it not effect your mother grocery store.

That is something noble my friend because if you look at the calculations that occur for $3 every day means that for 1 month it becomes approximately $90 if indeed the total 1 month is 30 days and 1 year where we have 365 days x $3 = $1095 if we are consistent in doing so.

I don't know what country you are from but the cost of Hajj in my country for regular Hajj is around $6000 for the trip and that means if you look at the total average income of $1095 in a year that means it takes 6 years for the cost in my country.

I think for a period of 10 years it can still be done if you are really consistent with it because I am sure with your noble intentions then I think it can still be done and cheers to you friend because this requires a strong determination to be able to complete your mission to make your mother able to go to Hajj. I wish you and your mom good health and no problems until your goal is achieved.

Props to you for still looking out for your parents/mom even though you're already your own person. One of the great things Islam teach people.

In any case, I have high hopes that the three bucks you put to bitcoin everyday is going to be good enough to cover for the Hajj you guys are planning. Hell, even if it wasn't bitcoin and it was just plain old saving, that's 90 dollars at most per month that you're putting towards a noble cause, and in three years time that's more than 3000 bucks which, depending on where you live, could be just enough or more than plenty to set up that once in a lifetime trip. But you had to just make it even more awesome and show your skills in prudence by putting your money onto work with one of the safest and most reliable cryptocurrency assets on the market right now.

I believe that you'd get to it no matter what. The only thing that's really stopping you from getting this dream be realized is discipline, which is something that I know you would be able to continuously build provided that you keep at investing bitcoin on the daily. Just keep on doing what you're doing right now and I promise you, in no time, you're going to receive the reward that you and your mom so deserve. Pretty sure your dad's proud as well at you for being so good at looking after your mom. Remember that.

I guess OP is not actually thinking to make it realized this year since it was just a month ago since he started the plan. It could be that he is planning to invest about  a year or two, and through DCA, surely it will turn into reality as long as bitcoin price continues to rise. Patience and consistency in doing DCA is the key. And he should be more open that bitcoin is not all about reaching an all time high everytime, but there’s also major correction in the market that any time will happen and will head for a heavy price decline for bitcoin.

For now, even though the price is high, but I guess as long as bull run is not happening yet, then everyday will be a good buy. But the best will only happen when bearish market comes, as there is big opportunity to enter the market and purchase maximum amount of bitcoin at a cheap price.

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

If your mother still have some young ones with her, I will not advise you to invest in BTC to your mother at the age of 60 years which will be difficult for she to keep the seeds phrase always from your siblings and you know that once someone discover the seeds phrase, anything can happen to her BTC.

You can download electrum wallet to store the BTC for your mother and, when time come to sell the BTC, you can sell to cash out the money and send the money to your mother to do the Hajj because, if you invest in BTC to you mother it will not be safe for her.

I am confused a bit, your mother owns a grocery store and after your father died you open a grocery store for her, again? In another location? Or the death of your father caused her to lose the first store?

Anyway, sorry for your loss, may his soul rest in peace, back to Bitcoin investment, we all see where Bitcoin is sitting at today, are you still not confused that Bitcoin can go much higher after the halving in April?

I think it's a good plan, and one that can become a reality if done right, but remember that it's all about your buying point, the timing needs to the right, I don't recommend buying Bitcoin right now, unless a correction happens, buying now is buying the tops, it's safer to wait for a correction before buying.

I very much welcome your plan for your mother. This daily accumulated amount is not too large and will certainly not have any impact on your family, but with the 10-year plan you set, the accumulated principal amount you can reach will be up to 10k USD. And Bitcoin will go through 2 more cycles, the amount of money you will gain at that time can be very large in terms of Bitcoin value, and I believe that your mother's dream will definitely come true if you and your mother have can maintain this cumulative investment. However, I think $90 a month for buying Bitcoin is quite small. You should accumulate money many months and buy once to optimize transaction fees and deposit and withdrawal fees.

MassahaAllah You are doing really well i am also a Muslim and I can understand your intentions for your mother and for your religious activities. Hajj is the most important thing we all Muslims have to perform in our whole life once only if we can afford to perform it. Other than that those who can not afford to perform hajj due to their financial instability so there will be no problem for them but we should focus on making ourselves financially stable.

As we all know that we can not Perform Hajj or Umrah if we are not financially stable so it is very important to focus on making ourselves financially stable so it is very important to focus on our financial profile first so that we can perform our religious activity easily.   

Your mother's purpose of Hajj will definitely be successful by investing Bitcoin. Because if you invest some money in Bitcoin now and keep it in a solid wallet for just one to two years then your wealth will definitely increase. Since our 2024 Bitcoin halving will take place in April, the year following the halving, 2025, will see Bitcoin price boom in a major bull market. Just leave your bitcoins and make tickets for your mother's hajj. It is sure that all investors will invest for a long time because the price of Bitcoin will definitely increase after the halving.

Hajj is a pilgrimage made by Muslims to cleanse their souls from the worldly sins, and for sure the expenses to go there is quite high so it’s a smart idea to prepare for it for long term, and bitcoin investment would be perfect for that. However, don’t just put all your hopes into bitcoin since bitcoin itself remains to be highly unpredictable and we are not sure yet what holds in the future for bitcoin. Invest but only on the amount you can afford to lose. And I think you are already doing that.

I really appreciate your thoughts regarding your investment in performing Hajj by his mother.
 
Hmmm, it is quite a good amount if you invested 3$ per day. Simple Match: 90*12=1080*4=4320. After four years, the Bitcoin price will be better than the current price, and I think at this time the price of Bitcion can give a 2x return according to the current price, so if your mother wants to perform Hajj, she can meet her expenses with enough money. 
 


The amount of Hajj costs depends on the country, how far you are from Saudi Arabia, If it is a long distance, then obviously your expenses may be higher. Generally, if a woman is to go, she must be accompanied by a man, according to the policy, otherwise, the Saudi Arabian government will not allow her to go to Hajj. So if OP registers his mother for Hajj, then he will register himself or his father too, and the per person cost will be divided. Generally, from Asia, it can cost 5k to 6k, and from European countries, it can cost up to 7k to 8. For accommodation, food, etc.

I hope that any answer that you get here, you sit down and reminisce over it before you come into conclusion.

Do you know that investing in Bitcoin isn't nothing to be guaranteed about? You can sure have profits tomorrow but when exactly so you intend to sell your Bitcoin? When your mum decided to make a walk for hajj, will your Bitcoin be at realize profit or be at realize lost where you can sell some portion and let's her go to the hajj because with this calculation, you don't need investment to send your mum there, $90 a month for the next 3 years will get your mum into since you said she already has some savings waiting so she can joined with these one she's anticipating.

If I am in your position, I will not invest everything into Bitcoin, I will half the monthly money which is going to be like $45 and buy Bitcoin and keep the remaining $45 as savings, if when she is ready and you see that Bitcoin has given you the profit you want, then you can sell and if later you don't see much profit, you can use the savings for the hajj and leave the Bitcoin to recover, that's how you can safely do it without risking your mum hajj for Bitcoin only.

The idea of investing in bitcoin for performing hajj is a good idea and I wish the dream of your mother come true very soon. I will suggest that whenever you find an opportunity that the price of bitcoin increases then sell your bitcoin for getting profit because every time the price is not elevated and the timing of performing hajj is fixed so once you miss the opportunity you will wait for another year.

You are using little sum and are adding little by little to your investment so its a good idea because a person cannot invest while amount at once. Your idea and your thoughts are appreciable so very soon your mother will earn huge sum to perform hajj.

Bitcoin investment has long been generally known as a type of investment that can gain profits more quickly than investments such as gold. The risk is also higher than the risk of this type of gold investment.
If you plan to invest in Bitcoin to be able to send your mother to perform the Hajj as one of the pillars of the Islamic religion, that's a good plan.

People invest in Bitcoin for different purposes but basically they want profits through high price returns some time in the long term. So you are not wrong if you invest in Bitcoin for the purpose of your mother's pilgrimage.
Instead of expecting returns from gold, expect price returns on Bitcoin in the long term to be bigger and faster because the price fluctuates even though the risk is not as big as investing in gold.

We may not have the same belief and I don't have idea what hajj is but I also pray for your mother's success and as well as you.

10 years of planning that can do a lot of things. And that means that it is very likely that she can go there and be successful with that plan of hers.

You just guide her and keep her educated about Bitcoin like giving her some special education about what she is investing.

One of the pillars of Islam is going for holy pilgrimage (Hajj) I urge you to try your possible best to fulfill the dream of your mother going to Mecca, though it's a capital intensive project, however with proper planning via your investment in Bitcoin possibly before she clock 70 years the needed funds and travel expenses would be realized and hopefully if the price of Bitcoin pump massively to a new ATH all your invested asset would have yielded and earned you a reasonable profit which should be enough to cover all her pilgrimage expenses, I believe your aim and aspiration is very achievable with commitment and perseverance.

I agree with your mention of buying bitcoins to profit but look at his investment plan but he decided to invest in DCA method. If he had bought bitcoins at the time you mentioned and since then had invested in the DCA method he would not have had much bitcoins.But if he could have bought more bitcoins at that time he would have owned more bitcoins today. The purpose of investing in DCA method is to hold Bitcoin for a long period of time as investing in this method for a short period of time cannot expect the desired results.

We wish your mother complete Hajj.We applaud your mother's intention to perform Hajj. The initiative or planning you have taken to perform your mother's Hajj is definitely commendable. We who are Muslims must perform Hajj at least once in our life. The investment method adopted by your mother for performing Hajj is DCA method. You mentioned using this method to deposit 90 dollars in bitcoins per month. If you deposit 90 dollars of bitcoins every month then your deposited or invested bitcoins in one year will be 1080 dollars. Maybe this amount of money for one year is not enough to perform Hajj. If you deposit $90 in bitcoin every month like this, you will have to wait at least three or four years before your mother's dream or desire to perform Hajj will come true.

I think investment in Bitcoin is a long-term goal that will be a great benefit and success to your mother's dream of performing Hajj. By collection 3$ daily is enough and 90$ every month will help you to perform your mother's wish to perform Hajj. As Muslim hajj is a very important pillar in Islam and if you have money then it will be mandatory for every Muslim to perform a Hajj. According to my research the average cost price of performing hajj is 5k$ in your Ban country. You have to collect 3$ daily for the next 5 years to collect money for your mother's dream. Investment in Bitcoin is more beneficial if the bitcoin price increases in the coming years then there will be a good Chances for you to perform hajj in the next 2 to 3 years depending on the price of bitcoin.

I wish that the almighty give your mother and you a long life so that you guys can perform the holy ritual in the year you have planned for it.

It feels good when children take care of their parents when they age because these days, you can barely find children who care that much for their parents and make this much effort to make their dreams come true.

I would say it should be enough if the price of Bitcoin keeps going up but you should have strategy that would save you from major dumps and corrections and also cycle changes which means that when you see that the bear market is approaching, you should sell your Bitcoin that you have accumulated so far and then buy again when the price goes down.

Your dream will surely come true, and your mother will be able to perform Hajj in Mecca. If you had made this plan at the beginning of 2023 then surely your Hajj would have been completed in this year by now. Because when the price of Bitcoin is 15.5K was the best time to invest, and now is the best time to reap the maximum benefits. There is still time to invest in Bitcoin, as there is a Bitcoin halving in 2024. If you start investing from 2024 then there is definitely a big bull run of 2025 where Bitcoin price is likely to increase to the maximum extent. So I think if you continue to invest from now and invest till 2025 then surely your mother will have complete Hajj money.  It is guaranteed that everyone succeeds in investing in Bitcoin.

The person you respect is your mother. We hope your mother's dream of performing Hajj will come true. Every Muslim man and woman dreams of performing Hajj one day in her life.

I heartily support the initiative you have taken to fulfill your mother's desire to perform Hajj. Because depositing $90 in bitcoins every month is a good amount of depositing bitcoins. But I have a problem that depositing bitcoins for 3 dollars per day is here but there are high fees. So if you deposited $90 at the end of the month instead of $3 per day, your fee might be lower.

Performing Hajj is a sacred act of worship in the life of our Muslim Ummah. However, many countries do not consider Bitcoin as valid or halal in many countries where you wish to fulfill your mother's Hajj wish with Bitcoin. I don't know if bitcoin is considered halal in your country. If bitcoin is not considered halal in your country then your mother should not perform Hajj with bitcoin money as I think.

I pray that your mother's intention to perform Hajj is successful. You mentioned that your mother is now 60 years old and she will perform Hajj in 70 years, I wish your mother long life. If you invest $90 per month in DCA method for 10 years, your investment amount will grow a lot. You continue to invest in DCA method every month and hopefully you will be successful. Best wishes for your mother.

Every Muslim has a desire to perform Hajj. I support your mother's decision to perform Hajj. But I would be more supportive of sending your mother to Hajj with your mother's hard-earned money or your own hard-earned savings rather than Bitcoin investment money. Because Hajj purifies a person's life completely and his mind becomes pure like an innocent child, it is in Islam's view to perform Hajj with pure and pure money. When you invest your daily savings in Bitcoin and grow from there, your money may turn into a compound interest. Bitcoin may not be halal in the eyes of Islam so I can't give you proper advice here. One can suggest Imam sahib for nice answer if imam sahib can give you right advice then you can proceed with your decision for your mother. May your dreams come true and we always hope that we can send our parents to Hajj.

Maybe he thinks it's better to make monthly purchases to save on purchase transaction fees and transaction fees to his personal wallet, I think that's a pretty logical reason considering transaction fees are quite expensive these days.
 And to invest, he is or will be investing, not saving, it's just that what is his goal is to go on Hajj to carry out worship, and I think it doesn't matter whatever the goal is why they collect (invest) bitcoin it is their right. And from the amount collected, we have not seen that the capital gain that will be obtained by OP, because the price of bitcoin continues to increase, especially in a matter of one year, of course, it will be a very bullish momentum in the four-year bitcoin cycle.

OP, I respect the initiative that your mother and yourself have taken. You plan to invest $90 per month in Bitcoin and after ten years mother and son want to go to Hajj together from the money received from Bitcoin. Hope you will be successful in long term DCA method investment. Man will not live forever, no one but the Creator knows when he will depart from the earth. I would like to say that whatever you venture into Bitcoin, keep it up, be patient in your long investment journey. May God keep your mother and you healthy, may your dreams of Hajj come true.

op First of all thank you very much for taking this initiative. Every Muslim wishes to perform Tawaf once in the house of Allah, may Allah help you to fulfill your mother's noble wish. But there are risks in Bitcoin still you must have a long term plan in Bitcoin investment check the market and invest patiently you will surely succeed. Of course you have to be a little more cautious in investing as you are saving some money from your mother's business and the money you are investing in Bitcoin itself is definitely going to be used for many noble causes so definitely wish you all the best to make your mission successful. Your mother is very  Wishes for your mother and you to be able to perform Tawaf in the House of Almighty Allah.

It is such a thoughtful thing to do. Doing the maths, it means that in a year, you’d have $1,095 and in a decade (when she’ll be doing her Hajj), that will be $10,950. But the good thing about this is that it is Bitcoin; So not only are you saving, you’re investing too. Bitcoin in the next 10 years will have better value than what it does right now so it is a good plan. Best of luck! Also, can’t you invest it weekly instead of monthly? I just think a month is too much time.

You have my support and my prayers are with you as you move to achieve this goal set by yourself for your mother. I see it as you are honoring your mother. As someone with Muslim friends I understand how important goal is to you and your mother. I want you to consistently review the amount not too fast but if there are anything you can do within this period of the goal setting to its accomplishment that would help you achieve it faster, then do it. If you have a big financial break during this time, take a portion of it and invest there. While you are on this do not ignore the most important aspect of security. If you do not secure your funds and store them well in a good open-source wallet, you will lose them to scammers and hackers.

Do it, brother.

Your plans seems plausible and doable than of those that are just desiring to invest but they don't do any initiative at all. If that's the most convenient amount for you and your mom, do it.

As long as it's not going to affect anything on her life, that's so much better. We will never know how much that $90 per month will be in the upcoming bull run up to a decade.

Really, you can do it and do it consistently. The realization of the profits you hope to get really depends on how long you are able to hold your mother's investment. You may want to consider buying heavily while prices are low and selling during the next bull cycle. If you just accumulate for the next 10 years without selling, you may end up with less bitcoin than if you sold and re-invested at a low price.

Regardless of your investment goals, you just need to know that bitcoin is the most potential asset that can give investors returns. $90 a month is definitely better than nothing, but have you told your mom the consequences including wallet security and private key backup?

It is a good idea to invest in Bitcoin for 10 years at least. If you can invest $90 monthly, it means you can invest $1,080 each year. In 10 years, you already invest $10,800. It is only the capital, the amount of money should be higher because of the price of Bitcoin is always growing. If you invest the Bitcoin more than 10 years, I'm sure there will be a huge profits with the capital more than $10,000.

However, the challenge is to keep the commitment to always invest every month. 10 years isn't a short of time, there should be many challenges. Moreover, our economic won't be always stable, sometimes we have a little problem with the financial stability.

We've always been motivated to work hard because we want someone to fulfill their dream and become happy. But without a good plan, it seems to be impossible. There is no stopping to a person who has the motivation and desires as we surely find ways how to make it possible.
Saving $3/day is big enough for some people as when accumulated, that is $90 in a month. Maybe you can increase the amount to $5 once your business has become established.

Good luck with your journey buddy. It will take a little bit longer but doing this consistently, little by little, it become big soon.

Your plan is great OP. If you can do it more consistently, I believe your goal will definitely be realized in time. Just continue to buy and hold bitcoin regardless of its price. And take time to sell if you see available profits, but I mostly suggest to only sell when a new all time high will achieve, and bull run takes place in the market.

For now, focus on doing DCA with bitcoin. If you can add your personal extra funds, then the more massive your profits will be in the future. Perform DCA with patience, that way you won’t be attracted to sell your bitcoin when sudden price correction appears in the market.

When you make plans with a goal, you become very determined and disciplined along the line to make sure that you meet the goal. When plans are made without any solid goal to meet, along the way you could get distracted and then fall into the pressure of failing to follow through the plan that you made.

Because you have a goal for the Bitcoin that you're investing in currently, I am positive that you will be able to meet your goal and target and even stay disciplined.

 As a bonus point for this target that you set for yourself, after you have successfully been able to send your mom to hajj, the character and discipline of investing with a goal would have already been developed, and that's an extra plus to carrying on through life.

I am not discouraging OP from saving for his mother's pilgrimage, nor did I say it is not worth engaging in. I only spoke my view on going on pilgrimage. If what thrills you in going for the Hajj is becoming an Alhaji or fixing a golden tooth, then you have failed to understand the significance of going to Mecca. The Hajj has more important significance than the title, sightseeing, or the things you will buy there. My position that the funds used to sponsor pilgrimage should be channeled to other development projects is because my country has more priorities. A country that cannot provide basic amenities for its citizens shouldn't cannot provide basic amenities shouldn't be spending money on pilgrimages.  Another reason is because there has been no true change in the behavior of some people who go to these special events. Most of the most corrupt politicians in my country visit these Holy Lands consistently but they are still more wicked. Like I said,  it's just my personal view.

I think it is a relatively good plan.I live in a Muslim country for quite some years now and although it is one of those countries where the majority of population is Muslim most of them do not really care about religion here,anyway I want to point out that the price of Hajj has increased dramatically from what I hear here,now they ask for 4000 EUR for a single person,for an agency to do everything for you.

Maybe you should do the same for your mother,after you collect money after a couple of years with that plan you should be able to achieve what you want and as such you buy your mother the full package needed to do that holy ritual.

I think this is a good decision to start with, it is like investing in the future for a long time to ultimately benefit when the funds are well established. It takes a lot of courage for you to be able to set aside some cash every blessed day out of the business. For me, that would be one of the strongest decisions to make because being able to calculate from now to the next 10 years, which you guys are looking at for your mom, and standing to contribute $3 every blessed day for ten years is a huge task ahead. While I would continue to encourage you to keep up with that arrangement and planning, I would also advise that if you can raise it to $5, it would make a lot of things easier, pending on how you are managing your profit and loss in the business. If the business is in good standing, you can raise it to at least five dollars so that you can have more saved up in a shorter period of time.

I think the above-mentioned would be my own option; it is what I would adopt because I feel like contributing from now to the next 10 years is not going to be easy, rather contributing for the next 5 years would be more feasible. Maybe before then, you would have even gotten some good money to add to whatever you have to make the trip happen sooner. Life is not guaranteed for anyone, and you can’t be sure if a 60-year-old woman would last the next 10 years, even though everyone prays to live long. But using the years of savings will help to get her there as soon as possible.

I think it is better to reduce the years for Hajj and add more resources to the savings as long as it doesn’t affect the business or your profit. After every day, you do calculations to see what your return on investment is, and then you do the plus and minus to see what is left as a surplus. So, every profit you make, if it is $10, you can take out $5 for the savings while leaving the rest in the business. By the end of the month, you would have $150 to buy your USDT and invest in a DCA approach. Another quick advice would be to let the money you are saving be solely for investment and not for trading. Do not trade the money, even if you think you can make more profits. It’s better to continue with the savings and investment according to your calculations rather than using it for trading, which could lead to losses in the end.


Yes, it is one of the Pillars of Islam, and it is one aspect of faith along with prayer because there you also perform prayers. So, I think it is a vision for every Muslim out there across the globe to visit Mecca. It is also his mom’s dream, I believe, like every other elderly person eagerly awaiting the opportunity to travel to Mecca as well.

A huge respect and amazement for the way that idea was developed by you and your mother.
That being said, you are free to invest that much, and who knows? Maybe one day you and your mother will be able to perform the Hajj.
In the meantime, don't worry about the price of bitcoin; perhaps you believe it is time to withdraw your investment, and perhaps at some point in the future, when its value rises, you'll regret cashing it out too soon. If you maintain a sufficient level of consistency, I believe it will eventually have an impact.

$90 a month isn't bad at all - but if the OP could save more, then maybe he could save more than $150 a month. The OP wants the budget to be invested in bitcoin every month with the DCA method - this is a good option, but he also needs to consider many things before making it a reality.

Price volatility is something the OP needs to consider before proceeding with his plan - apart from that, he could also consider other options such as paying in installments to a special department that handles the Haj pilgrimage every month. However, investment certainly allows you to get a return - but paying in installments every month while waiting for the queue number is a wise choice ^{[if that option exists].}

This is a nice plan that will make you fulfil your mother’s dream, and when you do that for her, Allah will never let you suffer in this world. That is just a fact, and if you are going with the plan that you have already started, which is saving $3 per day, you can save enough money to take her here to Hajj in not more than 2 years, so if she is presently at the age of 60 now, she will be 62 or even 63 to perform her Hajj, which she will also enjoy. Because she will still be strong enough to perform all prayers and du’a that she wants to do without a lot of stress. 

Although you said she also has her own savings, the money that you will be investing in bitcoin will not have any traits that they will think the money can be spent on or have been tempered with, so you came up with a good plan that needs to be encouraged because not all children work tirelessly to see that they try and fulfil the dreams of their parents, but you have put it in your mind that you want to do so, which is a very nice step you made, so may Allah help you and see you true as you are trying your best to fulfil her dreams.

An initiative that I welcome. As a religious person, I support your plan, friend. Making Bitcoin a long-term investment asset with the hope that the goal of high price returns will be used for religious purposes.
Just increase it to $100 every month which will be used to buy Bitcoin regularly. If it is $100 every month, then in a year you will collect $1,200. If the exchange rate is in local currency like my country's currency, then in 2 years the costs for one congregation will be met.
Not to mention if the Bitcoin price gets a high return from the purchase price.

It's always good to hear somebody who's been supported by their parents when it comes to investing in cryptocurrency. Unfortunately, my parent's never got involved in investing hence, they don't know anything about Bitcoin. My sister knows about it that's why she's the one I'm teaching currently.

$90 a month isn't a bad idea already, and you already said that it will not be a huge loss for your family to keep $3 a day just to have some funds you can use to invest. Long-term, it will be a successful one just based on the history, and this opinion is coming from a person who's very optimistic with the future of Bitcoin. Bitcoin moves in cycles, so in that span of 10 years, you might experience 2 bull markets. It's the perfect time for you to take profits and keep those to fulfill the goal of your mother. Of course, you need to keep some for it to be re-invested once the bear market happens.

As a family-oriented person, I will pray for your mother, and I'm already claiming that your mother's dream will come true. Just continue investing, continue working, and don't stop doing it for your mother. Take care always OP.

Your mother trust you because you have successfully opened a shop for her and then she sees you as a very responsible young man that she has raised up. I believe that this your plan to save some little amount of profit from her grocery store to invest in the hope to make profits for her to be able to achieve her lifelong desire will work if you are disciplined and then ensure that the bitcoins do not get stolen or lost along the way. Imagine at the end of your journey and when she has finally seen the profit from the investment in Bitcoin, her testimony will be large and never ending because she will tell her friends and anyone she comes across that Bitcoin helped her to be able to achieve her lifelong desire of going for Hajj. I believe that because of her age a lot of people will be interested both people from her age grade, and people who look up to her as someone reliable that cannot tell lies.

As a Muslim doing something with the intention of going to Hajj is a good intention but still you should know if Bitcoin is actually valid in Islam and you can send your mother to Hajj with your investment money for that you should listen to a good scholar that Bitcoin is actually valid in Islam.  Is it halal in sight?

First of all I want to say, Alhamdulillah.  Because you are thinking about the Hereafter, we all have to accept death, if we don't do good now, we will have to suffer eternal punishment in the Hereafter. For this reason every person wants to perform Hajj before death. You have been saving for a long time, the purpose of Hajj. I think planning to perform Hajj is the best thought in the world. In this our Creator Almighty Allah will be pleased with us. I pray that your mother can perform Hajj. And at the same time, may Almighty Allah Ta'ala grant every member of this forum the opportunity to perform Hajj, Ameen.

Best wishes for you and your mother. This is a good plan But,,,,,,,
If you have to ask for others' opinions about the investment and the plan, you are not ready for it buddy. What you can do is, strict with what you say and you may share it with others as an announcement. If she is planning to do the Hajj after 10 years, this is a long-time buddy. I don't know where are you from. But, if you save $90 a month, it will be almost $11K which is a big amount. I don't think she have to spend that much money. I believe her $11K will be $30K after ten years. I would love to suggest you not to invest too much. Ask her to save whatever she want. Moreover, you should always be ready cash profits from the bull run and buy back again when it's dip market.

I hope everything goes smoothly according to the predetermined targets and that your parents are always given a long life. If you invest in Bitcoin until 2030 it could be more than you expect even if you take into account the increasingly massive adoption it doesn't rule out the possibility that there will be additional tickets for you so you can go there together.

what is clear is that not all of us can afford DCA/day. always have a structured plan especially when purchasing. maybe for example, at this year's Halving you can TP first and start DCA again afterwards.

Infact the DCA method that you mentioned is the best strategy especially for average income earners to be accumulating Bitcoin, to keep hodling until the time when it's needed for any perticular project, plus Bitcoin is one of the best investment that anybody can engage in because if held for a long term, it'll keep increasing in value thereby adding returns on the investment capital. I'm glad that the OP has crypto knowledge and imparted it to his mum, so that they can have a long term sayings plan for the mum's Hajj. Saving in Bitcoin, is by far better than keeping money in the bank, because Bitcoin guarantees the holder many times over ROI in the future, while money in the bank can only give a minimum interest. Good luck to the OP and his mum as they plan for her hajj.

Starting to save money 10 years in advance sounds like a decent plan. $3 per day means $90 per month, which is a good monthly amount to do DCA with Bitcoin (regularly invest the same amount). Considering the fees and convenience, collecting $90 and investing them monthly into Bitcoin makes sense to me. Of course, nobody knows how Bitcoin will perform in the long run, but if the last decade in any indication, a decent profit can be expected. Even without the profit, 10 years of saving up $90 per month would bring the total of $10k, which seems to be more than enough for Hajj, from what I read online.
But you have to keep in mind that Bitcoin investment is risky, so maybe putting the money for something as important into it can be a mistake. Perhaps doing 50/50 fiat and Bitcoin is more wise in this case, considering that $5k should be also enough for Hajj, and that this way, you're investing in Bitcoin what you can afford to lose, which is the golden rule of investment.

Yes, it's an annual pilgrimage and probably the most important pilgrimage of all for Muslims because Mecca is the holy land for Muslims and a lot of Muslims will have this on their list as a thing that they should do once in their life, it's a big deal and I am rooting for OP to be able to get that dream because it's such a profound goal and even I a non-Muslim do want to go and do that but I believe that I'm not allowed to do. Totally agree on adjusting the investment depending on the location.
This could work too but think about the fact that he's probably going to give this trip as a gift from her mother, it's something that would definitely be appreciated by OP's mother and I get your plight that if OP can hodl, he can probably grow the investment to the point that it's nothing for him to fund or sponsor the trip or maybe even bring a trip for the whole family.

To be honest with you, I believe you are taking this too far than it is. First, you've already known Bitcoin and are a gainer in it as well, am I correct? You can singlehanded sponsor her on any trip by then  (10 years time) even without stressing yourself or her with any plans like this. But if she must do it this way, the hajj is still 10 years from now since your mum is 60 years old and you guys plan it for her 70th age. This means that the time is far with the daily $3 you planned to be saving from her grocery store. If successful, she would have even had the money to sponsor other people and feed them for the hajj and not herself alone...

This consideration is still a plan outside Bitcoin and other investments, not to think of adding the multiple income that would be added through the involvement of Bitcoin. I am certain that it is already a success if you can be committed to it.

If you have been into Bitcoin for a long time, like you said, then you will know that Bitcoin has two seasons, which are the bear and the bull market. Like you said, your mom is still 60 years old, and your intention is to continue DCAing for 10 years, which means you will encounter two bull and bear markets along the way, and definitely you will sell at a high price if you sell on the last bull market before your Mum turns 70 years old. If you invested $90 per month for 10 years, you would have about $10 to $11k, and if the bull market experienced a very huge price pump, you would definitely have more profit that could give you more than $2k. 

I think this is a good idea, but your Mum is the one managing the business; she should be the one to determine the amount that can be pulled off from the business every day. She has to analyze her daily profit to know if removing $3 per day is normal for the business or not. She will also determine if she can even remove more than $3 every day and it would not affect his business. 

Good luck with your plans, bro, and I wish your mom a long life. Do share your success story with us if we are still here in 10 years. 

I will prefer that you don't wait for Bitcoin returns to perform Hajj. If you can afford it, send your mother to Hajj as soon as you can manage everything. Whatever you are investing in, keep going, and once in a while, this will help you in your life. I am saying that because you have good intentions, we don't know if your mother will live more than ten years. But I prefer to achieve her dream of performing Hajj. $90 invested per month is a good amount. Yearly will be a bigger amount. So keep it up. When you have funds to send your mother to Hajj, just do it. Don't wait for Bitcoin ROI. 

So the Hajj is supposed to take place around or before 2030, that gives you 4-5 years to save up for the trip. $90 a month x 12months x 4years or 5 years = $4,320 or $5,400. That’s the amount you would have if were buying usdt but since it’s bitcoin, we can assume that the price of bitcoin would have increased during this four year period and the worth of coins would have added value.

PS: You’re yet to tell us how much the Hajj costs, I believe you have made inquiries and have an amount you’re working with.

That means you have 10 years to perform the pilgrimage and I think your plan is good by investing some money into bitcoin because we know bitcoin as long as it goes through the cycle it increases so with 10 years there are 2 cycles that will be passed so the possibility of your savings being profitable.

In my country if you want to go on Hajj it's waiting for decades and the news is now the cost of going there is going up again because of government policy, but I know every country is different with the rules that exist so I'm glad you want to fulfill your mother's wish to perform the Hajj.

I support your initiative by allocating what you can afford every day $3 to bitcoin and it will be spent every month, maybe this way you can have hope where when it's time to go to Hajj the value of bitcoin is even higher.

90$ every month you will spend to buy bitcoin not bad at all, what you think is good, and I rarely see such strategies in terms of dca for Bitcoin. Actually, the 3$ daily is not a small amount, it's actually a big amount, it's just for me.

You are lucky op and you have the ability to save that much in bitcoin in a regular day with your mother's grocery profit. Your mother won't feel that, in fact, if I look at her, it's equivalent to your royalty income from your mom's grocery. Congratulations on your plan.

What the amazing with your decision helped your mother by investing in Bitcoin to perform Hajj, actually based on your amount investment in daily day around $3 and worth $90 every month depend with your country how much cost to perform hajj. In my country after revision with new regulation cost around $4,000 and if you can comparison with my country cost to perform hajj need around four years. I think its good ideas and seems possibility for your mother to perform hajj but depend with your country regulation how many years for waiting list?
If your mother have been older better use to perform Umrah and spending around three years seems enough by spending $3 every day, its not count with increasing values of bitcoin when price up drastically but you have prepare fi bitcoin get lower price.

Wish your planning come true and can help your mother perform to hajj.

I'm not sure how much the Hajj will cost, but there might be a more specific figure for that, and I can cite a few travel experiences of being prepared for around $10000 to spend. And with simple math $3 x 365 day x 10 year = $10950, quite logical but the problem is are you really sure that it will not fluctuate and cause you to not be able to accumulate as planned, because the accumulated amount It is possible to completely meet the needs without any investment.

But anyway, knowing this field is part of what gives you more opportunities to make your mother's wishes come true faster. I believe it is not difficult to make a profit and I also wish you success achieve that goal.

I'm not sure why your mother needs to wait until 70 years old, if she have enough money before hitting 70 years old, why not? we don't know what will happen in the future, I recall back how the situation when Covid-19 happens, it's really hard to fly to other country, some country even forbid accepting tourists.

Seems like he only need around $3K per person, so it depends on how many person(s) will go to Hajj, 4 years is enough if the money isn't used for emergency needs.

As long as you are a muslim, it is always their dream to go to Mecca to see the holy land, and I am on support of it, as long as that is their tradition. I have a lot of people down here that goes to Haji, and when they come back, they will become and Alhaji, or Alhaja, with golden tooth. I have always wonder how that place will be during such event. One man food is another man poison, and this is why sacrificing for a religious trip is something I admire a lot. I just hope that OP, will be able to use the planned amount to accumulate bitcoin consistently, so that in ten years time, his mom can accomplish her heart desire.

Isn't Hajj a yearly celebration for Muslims? I believe it's where you do a pilgrimage to Mecca right? If so then I'll have to say to you that depending on where you live, you either be able to afford the trip for the Hajj or not. I think that if you're far from Mecca, it would be a good decision for you if you increase your DCA to $10 because you're going to have a hard time buying the tickets for a flight if it's only $3 a day, and bitcoin price is still uncertain as to whether it will go up or down so it might be a good idea to increase your investments or find another way to fund your trip so in the case that you're not going to profit from your bitcoin investment, you would still be able to do the pilgrimage.

For anyone who does not know what the Hajj is : It is the annual Islamic pilgrimage to Mecca.

To the question of whether it is wise to invest in Bitcoin so that your mother can afford the Hajj in 10 years in the future, I would say yes. But I think this will be possible in the much sooner in the next 1-2 years. It is very likely that we may even see 100k Bitcoin this year.

But Bitcoin should not be considered a get-rich quick scheme. In the short-term, it might go up or down by a considerable amount or it might do nothing. If a person absolutely needs the money for the Hajj right now, asap, then they should not invest it in Bitcoin if they can also otherwise save up fiat money.

Thank you, in my religion Islam, performing the Hajj is an obligation and whatever the reasons and goals of the government, this is the 5th pillar of Islam which must be done with conditions, if able.
And I appreciate that you prioritize alms rather than the obligation to perform the Hajj, and your goal is in the 3rd pillar of Islam which most likely everyone can do.
And the investment I make is not only for the Hajj, but as I have said many times above, apart from the Hajj, for my mother's future or old age.

Its such a good idea and initiative, you can be making a weekly or monthly collection from the daily saving in USD to be converted to bitcoin and then you can have more opportunity to see the money building itself overtime, additional upon the daily contribution your mother is making from her earnings in her business, you can make a decision on helping as well by closing it for her to be $5 with your addition of $2 to it, this will also make it more faster and easier to see the dream come to pass in the plan for the holy pilgrimage with bitcoin money.

I am religious but I don't see visiting the so-called Holy Land as something paramount to me. When the government of my country allocate millions of dollars to sponsor these pilgrimages, I see it as a waste of funds. The money could be used to engage in development programmes in the country. For me, I don't think I will ever save because I want to engage in religious obligations like pilgrimage. I would prefer to give the money to charity than to go for such an adventure.

Please forgive my bluntness, who am I to dictate what you or your mother want to do with Bitcoin investment? Everybody has priorities and will have to achieve the needs at the top of the scale of preference. Since performing the Hajj is your mother's desire, I wish you all the best of luck. It is good you are using the DCA strategy and your plan is long-term (10 years). If you continue hodling, hopefully, the money to finance her pilgrimage will be available in eight years. I pray your mother gets all the spiritual benefits that the Hajj brings.  

How much does Hajj cost from your country? $90 per month is about $1,000 annually, or $4,000 every 4 years, or $12,000 every four years, considering that the price of Bitcoin will double in 4 years.
According to Google, a Hajj trip costs an average of $7,000. If we say that your country will cost $9,000, and calculating that she may buy gifts when return, then 4 years of savings is sufficient.

Yes and thanks for this. But I already know and have studied everything, because the Hajj pilgrimage is obligatory for Muslims, even though I can afford it. And my mother really wanted to go there to fulfill her obligations, and my mother also performed the Umrah with my father when my father was still alive.
And I use this investment method not only to perform the Hajj, but for everything including old age security. And my mother has also registered for Hajj, which is most likely if there are no obstacles around 2030 or before that, depending.

Whether the ultimate goal of this long-term investment is Haji or assets to secure your mother's old age, it makes perfect sense and I fully support your plan . I don't know what your family's average income is, but as long as you calculate carefully and come up with numbers appropriate to your family's economic conditions, you can implement your plan without worrying too much .

By the way, your plan reminds me of a friend of mine, he had a similar plan as you. He spends $50 a week buying bitcoin and he has been doing it for the past 2 years. But his plan is shorter than yours, he plans to make it until the next bull season comes.

I suggest it's better to just use Umrah, after all Hajj and Umrah are still the same. The reason is Umrah can be done at any time, while Hajj requires a very long waiting time. You also need to consider how much it will cost once to leave, including costs for necessities there. Each country has different rates depending on your government policy. In my country the cost of going on the Hajj is around $6500-$7000 including expenses while there. And don't forget that to be able to go to Hajj the queue can reach 4-10 years.

We need to compare this with a consistent net investment of $3x 1800 days (5 years) = $5400 (of course because investing in Bitcoin will experience fluctuations, rising and falling prices in bull & bear markets).

In my opinion, in that way, your mother's dream can definitely come true. There is only one thing that needs to be adhered to, namely being ready to uphold the initial principles and goals. Because it is not easy to survive in investment, there are urgent needs and other obstacles. Hopefully your struggle will be achieved

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 never knew what "Hajj" means, not until I visited Google, and was told Hajj is simply an annual Muslim pilgrimage to Mecca, which is said to be mandatory through out a person's life time. So in regards to this case, so saving $3 daily just to enable your mum accomplish her mandatory life task is literally a smart idea, but only if deducting $3 daily won't affect her business in a long run, because if I was to be in your shoe, I think saving $1 daily for the next 10years would have rather been a better idea, since she is already 60yrs now and has probably 10yrs more to embark on this journey of her's. Hence, I was thinking saving $1 daily in BTC is still not a bad idea, as in a 1yr you should be having $365, so multiplying this by 10yrs will give us $3650, plus how much the price of BTC likely to skyrocket in next 10yrs, which is the best investment plan, while trying to help her embark on a life changing journey.

From what I understand after searching on the internet, Hajj is an annual prigrimmage journey to Mecca. I don't know you country of residence but if you can be saving $3 a day in fiat, that will give you $90 in 30 days and $1080 in a year. So in 10 years, you should have about $10,800. This amount may or may not cover the trip to Mecca but saving in Bitcoin will no doubt make your mother's dream a reality because the value must have appreciated over the years and I wish you all the best.

I would also like to mentally support you with your dreams. Investing $90 a month seems like a very good price to me, so good that in ten years you will be able to go on Hajj with your mother. I am also not a Muslim, but I respect such traditions because I know how important they are for believers. Do not pay attention to the price of Bitcoin so that it does not tempt you to do one thing or another. If you have the opportunity to invest such an amount, boldly stick to your goal.

So good that you and your mother already thought of money for emergency and actually have it.

It is impossible to DCA with $3 daily and even with altcoins, you will lose a lot of the fund percent to trading fee and withdrawal fee. If I am right, exchanges have limit on minimum value you can trade and likely $3 is not enough too.

It is possible to DCA with $90 monthly and I hope it is your plan. Estimate your DCA investment with $90 in next 12 months.
https://dcabtc.com/

Can I know what is Haji?

It is not a bad amount. But do you have some sales report on the average sales or profit of your mother's grocery store? If it's more than $3 then that's fine but you have to consider everything like expenses, daily operations cost and those stuff that will be lessened to the profit that the store generates on a daily basis. Try to make some report and compare it with at least a week or two or even a month and see if it's showing good numbers. Because if $90 in total for a whole month is already big for that store, I'd advise to prioritize first the expenses and daily costs.

I am not Muslim and I might not be able to hold performing Hajj as a priority but I do have an idea regarding how significant it is for Muslims to perform Hajj.

What you just said is what we call the DCA method or dollar cost average which is the process of acquiring Bitcoin through regular intervals instead of buying Bitcoin one time big time. Usually DCA method is preferred because it can mitigate risks investment brings. I think it is a good idea that you have shared to your mom about bitcoin and she is also willing to participate. I do not know how much you need to perform Hajj but I believe that you can earn profits through this method.

I hope that your mother's wish come true. Sending all the best for you and your mother.

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.