Bitcoin Forum

Till now my parents are bearing the cost of my education, I have recently completed my college education and my parents wish me to complete my graduation by studying in a private university. We have a small cow farm and we have some cows in this farm out of which some months ago my father sold one cow and deposited about one and a half thousand dollars (I said the value in dollars for everyone's understanding) in the bank for my education. It will take about four to five months to get admission in the university. I didn't plan to do anything with the money I saved for my education but recently the price of bitcoin has increased by about 10 thousand dollars and seeing this increase I think that I should invest in bitcoin now instead of leaving the money in the bank for these four to five months. Although I think it's a bit late for me to invest. Maybe I should have invested when Bitcoin was 26 thousand dollars then maybe I could have made a good profit at this point but there is no point in regretting what I didn't do Of course I will think about the present now. I think the price of bitcoin can cross 40 thousand dollars so investing in bitcoin now will not be a wrong decision for me at all.

I can't predict what the future is going to be; I can't tell you that the market would go up or down, but one of this is going to happen and we don't know which.

But I am going to say you have to be very careful, since the money you're talking about here is a money that your parents have raised for your education, and God knows how hard it was for them to raise that money and keep for your education, so don't ruin their plans of getting you to school by investing that money in a risky market. If the market happens to go down after all these things, you would regret it badly.

The best thing you should do is to try and raise money through other means. The five months that you have to wait for admission, you can use the time to look for something doing, look for work and stay busy, then raise money from there and you can invest in Bitcoin. Don't touch the money your parents have kept for your education.

This is just my own opinion, you still know what's best for you. You can as well discuss it with your parents.
Good luck.

Don’t blame yourself since no one can predict that Bitcoin price will pump since the whole market is under the influence of manipulation. Your money has different purpose and you have only 5 months before you use that while Bitcoin can be volatile downward that might lose value to your college funds.

You are just saying this because Bitcoin price is already pumped now. Don’t invest money that you can’t afford to lose. On your case, this money is precious to you so just focus on your goal and invest only the money that you don’t use.

Friendly advice: Don't blame yourself and don't speculate. Read this book: https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861

When you read it, you will have a solid understanding of what bitcoin really is. Once you have this understanding, you can (if you want) buy Bitcoin and save it in cold storage. If you understand Bitcoin properly, you will realise the price doesn't really matter.

There is no reason to regret your failure to buy Bitcoin because you never knew that the price would get to this level at this time of the year.

1. Having a four-month investment plan is not ideal for a Bitcoin investor. It is too short to make a profit.

2. The money was for your school fees and shouldn't be risked because the Bitcoin market is unpredictable. You and your parent's priority now is your education. You have to focus on your studies and come out with good skills and grades.

3. Hopefully after your education you will secure a job and start earning. Bitcoin will still be around, with your earnings you can buy as much as you want.

Note: Never use a fund that is not your own or budgeted for essential needs to invest in any sector because you might not be able to foresee the outcome.

I have seen several topics like this recently and I can say they are all people expressing regrets for not buying Bitcoin below $30k. Many that are still holding back their tears will still let it out when Bitcoin hits $40k, $50k and so on.
Without the sudden rise in Bitcoin price, I doubt we would have seen topics like these.

I will advice you to be cautious so that you are not caught in FOMO. Bitcoin can reverse and go down a little before continuing the rise, when this happens won't you sell at a loss? There are many factors that will come into play when you buy Bitcoin with money kept for something else... you will not be able to manage the investment properly because you will be dealing with greed and fear at the same time.

The best would have been buying small amount and accumulated over a long period of time since when Bitcoin was in consolidation. 

You won't think about it when bitcoin price moves the other way. See there's no one to blame or something to regret with what happened because we cannot really predict the future. I think the lesson you need to learn from this is to take the risk, without risks you cannot gain from something. I know we all did regret on how big we missed investing on bitcoin back then, this is the same feeling you had when it crossed $34K, imagine there are people who sold their bitcoin for less than $100, $500, and $1000. Investing now might be a bad idea, I'm speculating that it won't reach $40K by the end of this year, and you badly need the money for your education. Learn to time your risk taking.

Education is king.

A good education can open your doors nothing else can.
With investments it's the same as with life, you never know what's coming.
All of crypto might crash in a second or it might go to the moon, who knows. A good education and degree is forever.

So don't have any regrets. It's never too late

Do not risk money you cannot afford to lose.

Bitcoin is a reliable investment, but expecting returns in four to five months is highly risky due to the volatility of the market. Investments are best done with spare money and a long term target, so you will not anxiously check the charts every few hours and be forced to sell at a loss.

It's not too late to invest, the price can go well beyond $40k but do not rush into an investment cause of movement in the market.

Do your research and take your time.

Depends on the situation because if you arent still needing those funds for a while or lets say for a year or 6-9 months then its not bad to take up such option but it would be always that wise that you should really assume that the thing that you do have in mind couldnt really be an assurance that it would happen knowing that market cant really be just having that 1 way to move or path to take on which means that dumping and correction could also happen to on which means that you cant really be able to assure that you would really be able to make yourself profit on a specific period of time knowing that prices do moves unpredictably. There's no way on telling on where it would be moving. What if the price on the time that you do need the money is on bear mode or bearish sentiment and make that capital of yourse become that
negative? For sure you would really be hindering on the decision you would be making.

This is why always consider out first for the risks involved and if you are that someone who could really accept those risks then this is the time that you would really be putting up such investment
but if you are really that minding about those money to be that intact or complete in preparation of something then taking up risks would really be not your option
to take.

Another purpose of investment is to hope for future profits. Cattle are also included in investment because they sell when the price is in line with the target.
Cows are bought when they are still small at a low price, and over the next few years as they get older they are sold at a higher price.
Cattle farming is not included in this type of investment because people consider investments related to real estate, gold, etc. including Bitcoin, which is widely used as an investment asset.

In my opinion, not investing in Bitcoin doesn't need to be regretted for now because you still have the opportunity to do so after you start to understand the importance of Bitcoin.
The message that I mean is to immediately take the opportunity to do so because the price of Bitcoin is approximately half of its previous high.

It's not too late as they say. That's right. In my opinion, you are ahead of people who don't know about the benefits of investing in Bitcoin.

After completing your education you have to work to earn money to meet your expenses. What if you can start earning during your studies so when your educatIon will complete you will become financially stable. So EducatIon is necessary but along with bitcoin as we seen many people make their life easy with bitcoin. So No regrets on what happened in past. Buy now and wait for the price to reach its all time high again.

1)Hindsight is twenty twenty.

2) Do not invest what you can not afford to lose.

You have fallen for 1)

Do not fall for 2)

I would rather suggest not to invest that money into bitcoin. Because for short term investors, it is a gambling. You never know which direction the market is going to take. So if that money your father has saved for your college education, don't invest that money into bitcoin.

If you really want to invest in bitcoin, start small and use DCA method. If you have any source of income, use that money to invest in bitcoin in small amounts over a longer period of time.  Don't rush in the crypto market.

Fear of missing out  ;D, that's what is affecting you right now OP, weeks ago many people are bearish and suddenly because of this pump everyone turned bullish, you should have start buying Bitcoin since last year but many are so confused that Bitcoin will go down lower.

It's not too late and I won't advice you to chase this pump, very soon we can turn bearish again before the real bull market starts, hold your horses for now and wait for some retracement before you invest a penny.

This is my advice and you don't have to go for it, but I just believe that a correction after every pump is unavoidable in this market, the rest decision is on you.

From what you have just said, it is clear that the money in question isn't your money, though it was deposited into your account. The money was given to you for educational purposes and if anything happens to it, questions will be asked and answers demanded. So I suggest you shouldn't use this money to buy BTC, save your personal money and then you could use it for investment in BTC.

This is the problem with newcomers these days. They will see the potential of a thing only after it has already made it s impact. The market looks juicy when it's all green and because of this most of the people joins the race at this point. Little did they know, what goes up comes down as well. The market is green now but how long will it stay? Truth is, no one knows.

Bitcoin is not something that you should not know about. It is not a new thing and it has proven itself many times in the past that it already possess the potential. All we need to do is accumulate it. So those people who don't see this potential when the market is red, they will never be able to see the potential when it's green. There will never understand the market.

Bitcoin was $15,000 in this year. Not many people mention it because they did not invest when it was red. They only invested again when they see the market returns to Green. Right now, you are doing the same thing saying that Bitcoin was 26,000 and you should have invested back then.

As I see the chart, Bitcoin is moving around $32,000 right now. It could go to $40,000 or $50,000 in the future. And why stop there when it could grow more. Even surpassing all the previous records.

There are no perfect times for Bitcoin investment. The moment you put your money into Bitcoin investment, your times start from there. Bitcoin is a long-term investment asset and for that reason just invest whatever you can and hodl. That's it.

Education is important you need to rethink the money is it right to invest in bitcoin?

You expect a return for the next 4-5 months we cannot predict whether the price of bitcoin can go to $40K or $50K what if bitcoin is stuck at the current price or drops in price lower than now that no one will ever know, but if you invest with no specific time target then it is good but if it is pursued in a short time it will be difficult.

Well there's nothing wrong with starting investing now, are you ready? Everything is possible if the expectations don't match the expectations? If you hold bitcoin until the end of 2024 then it will be more profitable than expecting after halving bitcoin to rise, I don't think that's sure.

Please don't compromise what your father did to sell the cows. If it is intended for you to pay for your study or graduate program then use it for what it is assigned for. I know that time is important for both, investing in Bitcoin and as well as for your studies. But don't let your father down at this time because what they expected you to do for that money should be followed. We all understand that taking risks is also what's going to prevent you from gaining profit but the disappointment of parents is more painful from the losses that you'll incur if the market doesn't grow much this time. No one anticipated that the movement of Bitcoin from this time will be this quick although it has always been volatile and moves like this can come at any moment. Do not blame yourself, do not blame your parents and it's better to finish what you have to finish and if you have some spare money then use that for DCAing instead of spending on nonsense things. Because you can always invest in Bitcoin at any time while you can also say that for what program you're going through with your studies but, once you are done with that and become employed, the money you earn there can be invested without any regret on your end.

It's a good thing that at an early age, you develop the love for bitcoin investing. It just proves that you have a great plan for your future to achieve financial freedom. However, know that bitcoin investment has its own risk, so it will never guarantee that you will always make profits in the end. This is why only invest what you can afford to lose. And in your case, I don't think investing at the moment with your money that will be usable after a couple of months is a good decision. Prioritize your education first not because it's the right thing to do, but also because your parents are working hard just to provide that huge amount of funds. And they are expecting you to graduate from a prestigious university so you need to make it happen.

For now, the best thing you can do is to continue studying about bitcoin. When you have your own source of income and you have spare money, that's the best time to invest so you can invest for long term without worrying if you lose your funds in the process.

I also woke up to the price at 34k dollars and saw that the total amount on my wallet has increased, I never planned for an increased if I did I would have brought more stash.

Back to your post Op, first rule of investment is “investing what you can afford to lose”, and in this case the money you’re talking about is not something you can afford to lose since it is designated for your education fee so investing such more and putting it at risk does not look at a good decision to me. Yeah, we just had a pump recently but what would you have done if having purchasing bitcoin the price dropped? And during that 4-5 months of your admission process the price remained constant… what would you have done?

When you missed an opportunity, don’t over work yourself because of it just continue doing your thing because if you should make a decision beaded kn what just happened thinking same thing will happen again might lead to you losing your money.

If you are only investing for a short term period, it maybe risky for you since Bitcoin price movement is so volatile that in just a short span of time, the possible uptrend movement of the market may suddenly reverse.  So I would like to suggest that you should only invest what you can afford to lose and is not allocated to something important as education.  Don't be greedy and think that Bitcoin market is that simple, we have seen lots of people who tried to game the Bitcoin price movement in a short span of time getting rekt. 

If you are in for years then I would encourage you to invest but if your aim is to take advantage of the current uptrend by investing for only 4-5 months I would say think twice or thrice . Study the price history of Bitcoin and if you are able to bear the possible losses without affecting your educational funds then go with your plan.

No one holds the future of bitcoin so I believe that you are not alone in your present state right now. So don't blame yourself for not investing in bitcoin earlier because in reality, there are still a lot of opportunities coming to perfectly invest in the market. Just wait for another price drop so you can enter at a very good position. However,, with your current life's status, even if you know already about the basics of bitcoin, that is not the only basis for you to decide to invest in bitcoin. Yes, you have your money, but you cannot afford it to lose because that is very important to continue your education.

Learn to focus more on your studies at the moment. Bitcoin investment can definitely wait because there's no late or early when it comes to bitcoin investment. And you will only be successful with bitcoin investment if you use your own hard-earned money to invest. And that will only happen if you have your own sustainable source of income. Learn to be patient and wait for the right time to invest.

Invest only that you can afford to lose is straight-forward. I am not discouraging you to invest; I am just warning you to invest with caution. Because it seems you have serious funds related to your career. If you lose it for some reason, then you will face a lot of trouble in the near future. Bitcoin seems highly volatile right now, and there are Bitcoin ETF rumours. If rumours become true, then we will see a pump. If it becomes false like before, then we will see a dump for sure. I will advise you to invest from your savings, not from your only capital. So even in a market dump, you will not encounter any issues and can hold for a long time.

Is never late to make investment, especially when it concerns bitcoin, everybody would have invested in bitcoin when the price was low if we had known or maybe had the money to invest as at that time, so don't give yourself too much of regret because it's normal human nature.
But if the money is meant for your education, I would advise you make do with it for the purpose it was kept for. You can still make little savings one your own and be investing in bitcoin over time.

A bitcoin is a currency that is unpredictable and in which the price or the value fluctuates and you can not depend on the value to be sure that your school fees is saved, I think the option for you to do is that , since the money is for your school fees and is not a spare money, the best option is to remain the money the place your parents kept the money for your school fees.
Because investing it in bitcoin may have a disadvantages in you, because bitcoin is something that deals with a risk measure and you are not sure of making profit in it because we are not in bullish season, right now the price of bitcoin is fluctuating and nobody know what tomorrow market will result out, so bitcoin is unpredictable currency which you are not supposed to depend on it.

He swore that there is a very similar story, well it is almost always like that, but there are several thoughts that coincide, whatever...

If you had been born at the beginning of the last century perhaps you would have ignored many good investments, Coca-Cola for example.
Well, more contemporary, it happened with Apple, a Mexican became a billionaire, yeah, when he trusted that company when no one else did.

In short, the risk is always there, latent and the options are many, you only know when you invest and the years pass, even today despite the fact that bitcoin went through its best exponential growth it still has, "perhaps" a long journey of profits.

Just look at the past as a statistic for decision making, please, crying doesn't help, and!, consequently consider that the money you invest is money at risk, that is, losing money is a very real option.

Having yo make a mistake isn’t always the problem, the problem is always in what you’ve got yo learn from that mistake after you’ve made them.

While not having to have invested in Bitcoin when the price was somewhere around $26k and having to invest now than holding back would be a much better thing to do,
I’ll also like to recount that the rule to investing has always been,

Not having to invest more than you can afford to loose.

You’ve already stated out the fact that, this fund is needed for your education in 3-4months, the price of bitcoin has got no guarantee to it and as such, it could turn at any side and at anytime. I’ll say you should think your decision through properly.

Bitcoin is unpredictable which you never can tell what will happen in this next 4-5 month, bitcoin is good for longterm investment and it is better to use fund which won't be needed for emergency or fund that is meant for something else . It is better to invest with extra fund that won't be needed for anything,  I know the price of bitcoin is increasing now but no one can tell if it will still be increasing or fall down In the next 4 months . I don't think it will be a good idea for you to invest money that us next for your studies for you to invest in it on bitcoin because you can really tell how the market will be when you will need it.

No one can predict the price of Bitcoin correctly but people are free to give or share their own prediction of Bitcoin's price. If you decided to invest in Bitcoin because the price increased then do what you want to do after all, it's not our money that we can decide what to do. In short, it's entirely up to you mate since it's not ours to begin with. It's never too late to invest in Bitcoin. There are some of us who knows amd learn about Bitcoin 9 or 10 years later but still able to earn profit.

Apparently, a lot of people have the same story as yours, they blame themselves for neglecting to invest in Bitcoin earlier while seeing what happened to its price today. But we have nothing to correct those days, it was done already. What you're gonna do is to think about buying and make a decision whether to buy or not while the price of Bitcoin is still low price. If you think the positivity may happen to Bitcoin, then never waste your time either but rather have to take action now.

It's hard to really follow or time the market because it's hard to know what's going to happen. Knowing that it's always moving with the 24/7 and global market. It's easy to feel FOMO because of the increase in price I hope you continue to invest (if you can and are willing to do it to decide on it) then you wouldn't really feel this way anymore.

Just continue to achieve your goal and you can be more active on it.

 You can't invest the money that you can't afford to lose. No matter how the market looks promising to invest, as long as what you have is you're not comfortable to lose it, then just forget investing at the moment but prioritize studying first over investing. Because if you stick on thinking the opportunities you missed in the market, you will never move on with that. Just think of this, everything has it's perfect timing. And investing at the moment is not perfect for you not because you're less capable but because you don't have what it takes to lose your money and yet you're still okay with it. But eventually in the future, when you obtain your own job and you're free to do anything with your own money, then you are very free to invest as long as you don't blame others if ever you lose on your investment.

If you want to invest in bitcoin due to the recent uptrend in the market, I’m sorry you won’t be able stand the market volatility. Yes the market is going on an upward movement and everyone is if the believe that it might rise more, while few people will think it won’t last long. Consider what the lesser people say because there won’t be a say like that if there’s no possibility of it happening. You can’t just invest in bitcoin for four to five months and hope that you’ll make it very big from there and exit the market. The market has a direction and a guide, if you can’t unlock those factors, you might end up losing your money when you try to invest and neglecting them. There is a better assurance to invest in a long time in the market to get good profits rather than just trying to enter because of FOMO.

Regret is always at the end @OP but lucky for you, Bitcoin is still in the beginning of its long journey.  So you can just do some DCA and spend your extra money so that it won't get a toll on your fund for your education.  Education should be prioritized here and it is not wise to spend the money that is already allocated to something, let alone it is for your education.  If this trend is a bull trap then you will likely regret your decision to invest your educational fund in Bitcoin in a short-term period.

Just like everyone stated, the Bitcoin market is too volatile you might end up at a loss when the time comes that you need the money for your tuition so I think it is better to play it safe and accumulate slowly with your extra money.

If I were in your situation, I would think the same thing that you are thinking if I understood and saw the potential of Bitcoin in the future. Rather than putting it in the bank, at least in a few months, it will have a price change.

But if you do this, don't forget that Bitcoin is a volatile asset. Consider the risk you can face with it. And above all, don't do what you think if you know for yourself that it will affect your studies, as long as you always study first. I know you take risk takes but you should prioritize what your important priorities are.

It will be the worst decision of your life. The way you talk shows that you don't have too much experience in the market. What makes you so sure that bitcoin will surpass $40k in the coming months, are you an expert or someone from the future? One more thing: it's the money your parents gave you for your education, it's your future, you can't invest in bitcoin with money you can't lose.

I bet you want to invest because you see the market skyrocketing and you regret it, but you don't have any knowledge or experience about it. We'll call it Fomo and you'll soon pay a heavy price for investing that way.

First, it can be said that you are a lucky child because you have parents who are responsible for their children. Please don't ignore their appreciation of you for the effort they make just to support your studies. And I also see that you are a responsible child to your parents because of what you think of such things.

It's rare for me to see young people like you who immediately think about the future for themselves. So as far as I can see, you will go far for sure, especially since you saw Bitcoin as a good opportunity and you were not wrong in this matter, to be honest.

So what would be your reaction if the price of bitcoin moved in the opposite, let's say from $27K to $17K in this period then you will be here complaining that bitcoin is risky and now my money is gone.

You should never invest any money in bitcoin that you have to use in the near future like in a month or two so what you did is the right thing.

Since your father's money is in the bank, you can withdraw that money and reinvest it in Bitcoin if you want. If you can afford your own education then you can invest your father's money in Bitcoin. There is no need for your father to invest money if you fail to pay for your education. Also another thing is that you should not invest in Bitcoin in this pumping market rather you wait for some time when the market is dumping then you can invest in Bitcoin.
Moreover you don't invest all your father's money in Bitcoin but you can invest some right now and later you can invest the rest depending on the market condition.

You know, it's rather peculiar how many people experience regret when Bitcoin experiences sudden surges, even if they didn't incur any losses or part with a single cent. I'm aware that Bitcoin sometimes offers unforeseen opportunities for anyone holding it to turn a profit, and it seems to be a trait possessed by those who maintain their faith in Bitcoin even during price dips.

Are you interested in owning Bitcoin and reaping the benefits? You can do so now and relish the rewards when the market turns bullish. There has indeed been a recent price increase that's caught the attention of many. However, I'd venture to say that we haven't quite entered a true bullish market just yet. When it comes to ETFs, the real bullish market will only be confirmed when the SEC announces the full acceptance of Bitcoin ETFs.

                                          You have already invested so there is no turning back unless you will get it now
 because anytime soon the price will go 2 ways, it can grow to 40k like what you are believing , of it will go\
sideways and that is dropping below 30k again or the sad part if drowned below 20k as we knew what Halving
can bring before the Bull thing comes.

                                          There is already a price in your mind so who are we to counter that? but never
forget as there is no certain in the market when each halving year coming, and also you have forgot the term
used here commonly and that is only invest the amount you can afford to lose, but what you did is for 5 months?
expecting to give you 40k and above?
The Miners halving i in April meaning the effect may come in 3rd or 4th quarter , do you think that is enough time
for you to continue your University dream?

Your story is a typical story of a newbie who thinks bitcoin is a get rich quick scheme but never comes around to make an investment because they feel they’ve missed their chance. I want to debunk some misconceptions you may have about bitcoin; You do not invest in bitcoin and expect to have profit in 3-4 months. You’d have to own a significant amount of bitcoin to be able to profit from small price movement in such a short span. I doubt the money you had saved for your education was enough to get you that. With this in mind, next time if you want to invest, I suggest you think long term and set a realistic target for your investment.

You need to be extremely careful because right now everybody is in FOMO mode and, reading your post,I understand that you are actually going to need that money in a few months, so if you buy now you'd be buying at the highest price we've seen in the last year and there is absolutely no way to know whether the price will keep going up or if soon it'll start dumping, so you would take a huge bet. If the price starts going down what are going to do? You're losing the money your father gave you for your school? In my opinion right now is already too late to buy bitcoin in your situation simply because the first rule is to invest only what you can afford to lose, and you can't lose that money.

The current money you have is for your education, the money you will use in a few months. No one can confirm whether the price of Bitcoin will go up or down. If ever you invested money in Bitcoin, the risk is high, if it goes down, it will take a lot of time before it can recover. How will you cover your education if that happens?

Don't regret something you didn't lose, instead, use it as your starting point to gain knowledge of when is the right time to buy Bitcoin. What is happening to you right now, thinking it might cross above $40k, you're getting fomo mate. Be wise, try to learn first then invest when that happens. There are a lot of opportunities to buy, don't regret it for now as it is still early for that.

Yes, it is very risky for OP because Bitcoin price is not easy to predict and anything can happen due to several factors that we never know before. And another reason is because you only want a few months to make a profit from Bitcoin and it's very difficult, and if you did as you said when the price of Bitcoin was still 26K, you would have made a profit by now.
You should invest in Bitcoin using money you can afford to lose. And don't use important money like OP for university entrance fees in a few months and this is very risky because if forced you have to be prepared if you experience losses and that will thwart your plans.
So, you have to think carefully because the price of Bitcoin is not easy to predict, even though it is currently slowly starting to rise, no one knows in the near future whether it will continue to rise or vice versa.

It's not new to think like that. Everyone feels like they should have invested earlier when prices rise. Although, history data suggests Bitcoin is sure to rise further, do you have means to take care of your education in case it doesn't rise in the expected timeframe? What about the exchange you hold your BTC on gets hacked? If you hold it into a wallet, it can get hacked too as atomic wallet case has shown us?

I think there are many what if's that I wouldn't suggest you doing so. Also, it's your father's money, not yours albeit for your education.

I'd rather suggest to participate in Bitvest signature campaign which has open slot for your rank. You can accumulate BTC doing it, without having to risk your educational funds.

[1] 👉[OPEN] ▄■▀■▄🌟Bitvest.io🌟 - Plinko Signature Campaign, Member+ {Funds Escrow] (https://bitcointalk.org/index.php?topic=5470622.0)

It's not going to be a wrong decision as long as you will put the amount of money which you can afford to lose. Bitcoin still bears a risk regardless if it has proven us many times how much price it is capable of reaching. Nobody knows when will bitcoin is going to pump again or when will it hit your target, so for the time being you don't want to have unwanted sudden withdrawals, otherwise you'll either lose some or lose an opportunity to maximize your profit. This is just one of the major thing you will consider before putting your money to bitcoin. Set it up for long term investment.

I just think that if your parents has saved some amount for your education in bank then leave it for the completion of your education because your parents can understand better than you. Once you get education then if you don't have any investment then you can easily get a job and then utilise your salary in investment but once you loss the chance of getting education then you will not be able to attain it as a person who taste wealth loss interest in getting education.
Don't make any decision in which the will of your parents are not present because they do each and everything for your happiness and if you use that money which they kept for you education and unfortunately failed to get profit then you will make your parents upset as well as you will miss the chance of getting education on time so be careful about your each step.

Well, buddy, think before you invest in bitcoin. Maybe you discovered bitcoin because of its sudden surge in price recently, and I think you only got hyped because of that and decided to invest in bitcoin using the money you've saved. I think before you invest, you should study first how bitcoin works and if you are really sure that your prediction is correct. because what if bitcoin decreases after you buy? Your capital could be gone if the percentage of downtrade is too low and your equity can't keep up. So do further research and study while you are also studying for your college, and if you are ready, then you can engage in investing, but of course with caution. Try a small amount of capital first, and if it is earned, then keep it. and invest the money you've earned in such a way that even if you lose it, it will not be hurtful for you.

Study first what we will do so that we don't make mistakes if we start investing. If we don't understand it well then we need to look for people who have experience in this field because if we start without knowledge and without being accompanied by people who have experience in this field, I think it is very likely that the money we use for investment will not last long. You are right, trying with a little capital will certainly make us understand it gradually and if we understand it well then we can use the savings we have.

Investing your money in bitcoin is risky since we are aware that the value of BTC is unpredictable and unstable, you should carefully review your risk tolerance before you invest. Before you consider Bitcoin as an investment, you should consider carefully your own goals and determine what you want to accomplish. It's better to finish your study first and if you have extra money for BTC then invest it, don't let yourself run out of money. it's better to have savings and investments at the same time, and learn how to diversify.

Perhaps this is why they are delaying the approval of the ETF, since the bull market should begin a little later, in a few months, in 2024, and until then this news will be manipulated as best they can to get the maximum benefit from it. Even if the bull market has not arrived, buying Bitcoin now at 34k does not seem as good an idea as when the price was at the level of 15-20k. This is, of course, everyone’s choice, because even from the current level you will most likely be able to get x2, maybe even x3.

He's just a student, doesn't have a job and is receiving an allowance from his parents, where can he get the money he can afford to lose? Moreover, he only felt emotional when he saw the price of bitcoin rising, he did not have any knowledge. Because a person with knowledge and experience would never be able to make such a judgment. No one can predict what bitcoin will be like in the future, and that's why we consider it a long-term investment. In my opinion, it's best for him not to invest in bitcoin because it's not his money and he doesn't know anything about it.

I agree with you that buying at a lower price is better, but bitcoin hasn't dropped to $15k or $20k anymore, and if they don't buy now how can they enter the market? Not everyone has the opportunity to buy bitcoin cheaply, how could newbies to the market buy bitcoin for 15k$ last year? If you think $34k is not a good price to buy, what is a good price to buy? Are you sure the price will drop to $20k or $15k? Or will you regret it even more when the bitcoin price hits $50k or $60k in the near future? Buy and invest in bitcoin as soon as you can and hold on to it for a long time, it will never let you down.

You are brave enough to invest that amount , maybe because in your mind even if you did not meet the target income before you need that money for University, there are still some cow in your farm that parents can sell to cover that amount.
also you are confident because a graduate person , you can already find a decent Job even without that university  diploma?

But I love your trust in bitcoin , the people like you are the one that is best for the crypto market because you know how to risk but you trust the system that will generate you income in time.

Have you ever asked the question, if OP really believed in bitcoin then why didn't he invest when it was priced at $26k? He still suspects bitcoin will fall even more and doesn't invest at that time. And now he sees the price of bitcoin going up and is afraid he's going to miss the roller coaster, and wants to invest because he thinks it will keep going up? I don't think he really has faith in bitcoin, I think he fell into the market Fomo trap.

Furthermore, if it was his hard-earned money, do you think he would have the courage to invest it? Or does he rely on his parents and thinks that if he loses, they will give him another amount of money?

I see you like investing in bitcoin, but since you don't have money to invest in bitcoin, is your education money that your parents work hard to get so that you will be educated, my advice to you is that don't use the since it is for education and is very important in society, education is one of the things that make many people succeed in this life, bitcoin is something that is unpredictable the price change anytime he can increase and decrease so if you mistakenly invest the money in bitcoin now and in the next 5 months and the market goes bad, how can you recover the money since you are a student not a worker and you will put your parents in a very difficult condition because they will not expect you to do that, because they will think you have the interest of going to school too and you later make them feel bad, so it is better you look for another place to get money so that you can invest in bitcoin and get profit if you leave it for long term and remember invest what you can afford to lose.

If you ask me this is the wrong way of investing in crypto!!

Many new  & old crypto investors wait for the markets to first show their intention then they will want to jump on board and when markets pull back because of exhaustion we now change the narrative that we have lost money ...the rules of the game haven't changed, buy low sell high and never the other way round.

If you are investing a small amount you can never know the real profits you are making unless you invest big as profits are proportional to the size of capital injected.

Investment is uncertain. As you said you will get admission in any private university after four to five months but what if your investment for these three to four months is loss instead of gain. Education should be your first priority, if you can invest outside of education you can do it. You can discuss this openly with your family if they can manage your university admission money from somewhere else instead of the money invested after four to five months then you can invest right now. And never rush in recruitment, investing a day earlier or a day later will not give you much profit or loss so take your time and take the right decision.

When your parents give you money for tuition, it's crucial to use it for its intended purpose. Although investing in cryptocurrency can be tempting, education should be a top priority. Not using the money for tuition could lead to future financial struggles and missed opportunities. Additionally, investing in cryptocurrency comes with inherent risk, and using money meant for education could result in a significant loss that could have been avoided.

Your parents may be disappointed if they discover that the money allocated for your tuition was lost in cryptocurrency, and their trust in you may never recover.

You are predicting and speculating, but you do not know what is going to happen, so do not take any risk you can't afford to bear, in other words, don't invest more than you can afford to lose. You want to invest with money for your education because you think BTC should pump in the next few months, take note that you cannot tell what will happen with the price of BTC and if you don't know what you are doing, you may even lose your coins, and that's the money for you schooling.

I think we are in the period of fomo, i have seen some topics that show people want to start buying now out of fomo, people like these are never interested in BTC when the price is stable or low, but they are only interested when they see the kind of pump in price that has happened in the last few days.

That's right, it's important to allocate money according to what your parents told you to do or for what you intended. Education will always be a top priority especially in the eyes of both parents, and although maybe investing in cryptocurrency is quite tempting in terms of profit but we have to look from various sides first that there will be no big profit opportunities if there is no big risk behind it, so maybe the point is that now is not the time for you to get into that field especially by relying solely on dependents from both parents, it will only be able to cause some problems and of course your parents will definitely be disappointed with the actions you take without their knowledge.

So for now you better focus first on your education, achieve as many achievements as possible there because with that you will be able to have a pretty good chance when you graduate from school to find a more decent and promising job.

If I were you I would not regret what happened because it was your parents' money that was set aside for your education costs. That is a form of your parents' responsibility for your education and you should be grateful for it because not everyone can get what you feel.
Honestly, I'm a little jealous of you because in the past I didn't have the opportunity to go to college because of my family's financial problems. So be grateful for what you have now and don't even think about investing your college money because investing in bitcoin is quite risky. If you want to invest, you should invest your own pocket money or savings.

When it comes to how to invest and use the funds from your education? Well, I don't know, maybe the degree of education is very important in every sense, but you have to consider whether at this time it's worth the investment, right? Knowing that bitcoin is taking a good bullish turn, it is said that by the end of 2024 it will have a very high price, of course what is being made is pure predictions, the best analysts are affirming that with their technical analyses, but I would take the risk I would choose to work that money, it is better than having it in a bank, if those 10 thousand usd become up to $30k it would be worth it, depending on how much bitcoin rises, I would take the risk, or I would simply wait until the btcoin rose in price, in the meantime I would work or something like that.

As far as I know the basic rule of trading or investment is that invest as much as you can afford to lose. Here I see your father sold cows and gave this money for your education.  So from this money you have to pay the semester fee to your university periodically.
You just see that Bitcoin has pumped, and then you made and easy prediction that Bitcoin could touch over 40k. Bro Bitcoin is a highly volatile coin, it is not so easy to speculate what will be the price of Bitcoin. Moreover, there is still a lot of time left for Bitcoin halving and there is no guarantee that Bitcoin will be pumped as soon as it is halved.  The market is slightly higher now but could go lower again at any time. So my advice for you that don't put your education feea on risk.  If you want, if you have a separate small income, you can take a long term strategy for investment.  Invest from your lazy fund my friend.

You should not take the risk earlier if that fund is for your education. Historical data shows bitcoin's massive growth but that doesn't mean this time it will be the same. Also in the past every time bitcoin made a rally it went through a lot of manipulation, crash and many other horrible things which can break even hard people. You are new to bitcoin so don't gamble with your life. But you can invest any funds that you can afford to lose.

Well you cant simply risk your money in the bank that has been allocated fot something important. Yes it van increase but you dont know that since it happened already. But before it gone to its price now, of course everyone is hesitant about investing on its price when its still 26k cause nobody knows if its gonna pump or maybe it will crash hard isnt it?

Bitcoin is a good investment, but I will say it for those who can hold it for long periods of time. It is not that if someone buys and holds for a short period of time, they can't make profits, but the truth is that such people have to understand much about how the Bitcoin market moves, especially the right time to buy and the right time to sell. Without knowledge, I will just advise anyone to hold it for a long period of time if they want to make reasonable profits from their Bitcoin investment.
 
It is never too late to invest in Bitcoin, but I will not advise you to use the money you like to use in the near future to invest in Bitcoin because nobody can predict the movement of the Bitcoin price in a few months before halving or even after halving. People are just hoping that what always happens after any halving in a pass will still happen, which is a bull run, but still, nobody can actually say when the bull run will start. That means there is no assurance of what will happen to the Bitcoin price in the future, but people are just predicting using the history of what has happened in the past. So if you want to invest in Bitcoin, use an amount you can afford to lose, and I think that will make you hold it for a long time.

i can advise the same. even if we say the probability of increasing the btc price is high in the next coming months, what you are staking here is your funds for your education. and once things go sideways, how can you recover those funds? so it is still best to invest on this market what you think you can afford to lose. i know it is already an old piece of advice but you will thank yourself if things don't go as planned.

Honestly, don't beat yourself up for it. You're a college undergrad, there's very little if any expectations for you financially. You're probably going to subject yourself to student loans too, and that's a bigger problem than not being able to invest your money or something in my opinion. I say, just go for it when you already have a structured income stream so you don't experience discrepancies in investing or whatnot, cause at the end of the day in the world of investing, it's still much better to actually consistently put money towards your investment rather than pushing for the lump sum. I feel like I'm going off a tangent here, but my main thing is that you shouldn't feel so sorry that you're not able to invest money right now, you still have a lot of time, you're a kid for god's sake.

Save yourself from any regrets. In the first place, there's nothing to regret because investing at a money that you can't afford to lose is never advisable. Although you have a good amount of money at your own account, but you're aware that its for your own education and not your spare money that you can decide to invest. And lastly, its not actually your own money, but your parent's money to help you complete your studies.

I can see your passion with bitcoin, and its actually great because you have developed a goal for your future investment. But knowing the right timing to invest is important as well. And you can only do that when you are already earning from your stable job so you can start to invest at your own risk.

Invest on what you can afford to lose and never ever think that on what the situation or opportunity that you had missed would really be happening once again on the time that you would be making investment considering that this market isnt really that predictable and it would be always going with that unpredictable side of things. Dont make yourself that too hopeful because there's no way that it could easily happen again on which it would really be that better that you should really be that knowing about the risks involved as always. Its never been that a simple thing on dealing with unpredictable and volatile space.
Never ever invest on the money which are really that intended for investment but rather it is already that allocated on something important. Yes, you might have missed on earning with the recent increase
but come to think that you had just missed out that opportunity because of doubts which i couldnt blame you either because hesitance and confidence on investing on crypto is never
been that something that could be seen on most people.

They would really be always be that skeptical on making up such move and on the time that results is really that they are anticipating then this is where regret do kicks in.
Not really that something new in this regard on which its a hit or miss kind of situation.

Exactly. The OP needs to understand that this money was saved by his father to sponsor his education, not for bitcoin investment, and the price of bitcoin cannot be predicted. So the investment has a high risk; however, if he takes this money and invests it, then the father will now come back and ask him for the money that they have for admission to school, and the price has already gone lower than it was before the OP invested. Definitely, there will be a problem due to the fact that I know even if he is going to invest the money, it will be without his father's consent, so OP, I’ll advise you to leave that money there until you are able to get your own money and invest so that you can be able to leave it there for a long period of time.

What I always pay attention to when I want to invest in Bitcoin is: Use free money to invest, not money that will be used for anything else. Even though Bitcoin is always valuable and promising, even though there will be another increase, we don't know whether in the next 4 or 5 months the price will be higher than now or not. Because Bitcoin price fluctuations cannot be predicted as long as it is still in a bearish era. So, this is too risky in my opinion. Unless you are really ready to take all the risks, then that will be your choice. But be alert to whatever conditions may occur, and don't hurt your parents.

This isn't a new story that we see in the community. Someone who's got some things to do and has to spend his money for that important matter but then regrets when he/she sees the price fluctuates positively for Bitcoin.

They think that it's risk free just because they see it going up. That's not the case because what if all of these fluctuations are negatively happening and you are not yet invested on Bitcoin, what would you feel? You still want to invest or you'll say thank goodness that you are not yet invested and the market seems to be bloody?

When you think of wanting to invest, you'll do something about it and that money you'll use shall be like a marked money to your mind that you're willing to lose. That's how investments are and you'll never know if they'll be good to you or not.

Based on your story, your parents are going through a lot. You see you achieve knowledge and also a degree certificate because they struggle to get money in order to send you to school to acquire knowledge, but you are trying to risk all their efforts. Are you been honest with them to think of such an idea? Based on the story, you are not the real owner of the money. Even though the money has been reserved for your studies, that doesn’t mean the money is yours, so thinking about risking it is not a good idea. Yes, we know the bitcoin price is rising every day, but I will like to remind you that bitcoin can’t be predicted; it can drop down within a certain period of time. I always emphasise this bitcoin proverb that says, “Invest what you can afford to lose,” and in this situation, you can’t afford to lose your education, so I don’t think this is a good idea.

For sure, I know that it is not that encouraging to keep money in the bank without interest for a long time, but in this situation, it is the best solution. This money is purposely generated for a purpose for which your education is important. I am repeating this sentence just because I have witnessed such a scenario from a friend, and he ended up dropping out of school. When his father learned about the reason his son was back home, he had a heart attack and died at a spot, so I will not encourage you not to use this money to invest but rather wait for the right time.

No one can predict what the future will be like and actually your choice even though it is not wrong but on the other hand only seeing the price conditions of bitcoin alone is also a mistake because however when only fixated on the benefits that we can see in the last few increases it will only give great expectations and make you unprepared when a decline occurs.
So inthis case if in the end you want to take the risk to be in bitcoin right now i don't think there is a problem with that, it's just that you also have to be prepared with the consequences because there will definitely be a decline after the increase and this must be observed that the increase and decrease must always occur so that when you are going to take risks and your expectations do not match the existing reality then don't feel you are deceived by that because this is a choice.
Regardless of what is certain and will happen bitcoin will certainly continue to be one of the assets that is still valuable in the future and we just need to think calmly what to do so that when you already feel that bitcoin is one of the right options for your investment then do not regret it later.

Why shouldn't you invest when bitcoin costs $15k? You ignored the price of 26k$ just to invest in bitcoin at 34k$, this proves you are Fomo because of the recent movements of the market. Are you confident that bitcoin will reach $40k in the next few months, do you have proof or any analysis or do you just think it will happen?

In short, you only regret not having enough faith in bitcoin by not buying it for $26k. Buying now isn't so bad, but if you're using other people's money and expect to make a profit in the short term. I advise you to abandon that bad idea.

This is the same reasons, the same phrase you can hear to all those who are in doubt. Price might go higher until december as history repeats itself in every last quarter of the year.

But you are not late, remember price go $60k last time so buying on $34k is quite good but you need more time to wait.

Let me just say, there's no late time of investing Bitcoin. You can invest at this stage that the price has increased to $35k and still make profits when the price increase but this doesn't mean you should be using money that'll be needed in the nearest future for investment in Bitcoin as the market is too volatile that the price can drop and put your investment in losses but this doesn't mean it'll stay that way forever. You're only regretting not investing because Bitcoin has increased, the feelings would had been different if things didn't turn out this way. Don't use your education money to invest in Bitcoin instead while you wait to further your education, you can look for a part-time job that you'll be doing and start saving up to Invest in Bitcoin in anticipation of the bull market that'll be happening in the nearest future.

There's no limitations to the price that 1 Bitcoin can trade at but don't put pressure on yourself by using money that you won't be comfortable if it gets lost to the market. $40k can be reached before the year ends or it mightn't happen and that's why you have to only Invest money that will make it easier for you to keep on Hodling if things don't go as you expected. Investing your school funds mean if Bitcoin was to decline in price, you'll be force to sell so you don't lose more but if that was spare fund you can keep on Hodling knowing sooner or later, the price of Bitcoin is going to increase.

But how can you guarantee the OP that the price will continue to increase until $40k in December since he said he could only invest for 4 or 5 months before school starts?  not to mention, is it correct to invest bitcoin with money for daily needs, and what will happen to him if bitcoin does not increase to 40k$ but falls to 20k$?  the current price is still worth buying, and it is never too late to invest, but other factors such as idle cash and investment time should also be considered as there is no guarantee in the short term that bitcoin will continue to increase.

As you said, Bitcoin's beauty lies in its long-term promise. But this is really about having patience, knowing what you're doing, and having a plan. Even though gains may come and go, it is very important to know how the Bitcoin market works. You're dancing in a minefield if you play the short game without knowing.

The halving, the bull runs, and the speculation are all parts of a world that is always changing. People feel positive, think about the past, and make predictions. That being said, making forecasts is not easy. They're based on weak facts from the past, and the future isn't written down yet. What's the main point? If you can't lose something, don't risk it. That's smart for life in general, not just Bitcoin. Investing should be planned, not just a random roll of the dice.

If that was your money, I wouldn't disagree with your hindsight that you should've invested in bitcoin but given that it's not yours and it's for your education. I don't think that you did anything wrong and I don't think it's for the best of you to risk it now with the possibility that this pump is short-lived and followed by a big dump in the prices. You're still young and bitcoin will still be here and even if the price floor goes up in the future, the price ceiling will continue to be broken so you still have time to invest in it.

On the contrary, I don't agree with people who invest in Bitcoin using money that will be used elsewhere, it's quite risky, it's better to invest using unused money, it's safer.
Moreover, within 4 or 5 months the money that will be invested will be used, remember that the price of Bitcoin is very volatile and there is no guarantee that in the next 4 or 5 months the price will increase, that is excessive risk taking.
Learn first about Bitcoin then decide to invest, I'm sure people who want to invest and make profits quickly don't learn about it first, they just hear the news and are interested in getting the profits they see.

It cannot be confirmed that this pump will end soon, but there is also no certainty that it will continue to pump to $40k in the coming days. And investing with money that can't be lost, isn't even OP's money, so deciding to use it to invest in bitcoin is a really bad idea. I don't want to make OP sad but that's my investment principle, don't invest with money you can't lose, don't take other people's money to invest, don't invest in bitcoin with the mind of wanting to make money quickly. So I don't think you should invest, OP.

Now is still a good time to buy bitcoin even though the price of bitcoin has risen to $34k. But seeing today's correction, he may use the time to buy bitcoin again. But be careful because the price can reverse before he starts buying.
It seems that there has begun to be a reversal in the direction of the bitcoin price because there is a small increase occurring in the market.
And hopefully, that will get him past $35k but the important thing is he has to decide before it's too late.

The OP might just simply speculate due to the movement of the price without considering the fact that it could also be decreasing in the upcoming months because Bitcoin halving is not yet done. the real bull run will start after it and only a small movement of the price increases when the time like this because there are a lot of good news that currently going on and many other investors are waiting for the right time to enter the market before and they seem to enter right now because they are witnessing the price is increasing right now and it might be the last time we see it at this rate this year as well.

That's why I was not on his side when OP said that he plans to invest that college fund into bitcoin because it's a headache for OP's parents and him if the price tanked somewhere between the time that they need that college fund expended. If OP did do it, OP would've followed your advice about learning about bitcoin but the hard way but it didn't happen which is a good thing and hopefully can think clearly now with what to do with all the people that's replying on this thread giving different opinions.

There's no guarantee of always getting profit in investments, people should know that. People talking about future price is just a pure speculation, but what i said is based on what had happens in the past more particularly price usually increased last and first quarter of the year. Of course, it might be the opposite, that's there's no guarantee of it. Investors must decide what is good and bad for him/her. And the rule of thumb in investment should be at least 20% of your budget from 70/30/20. Spending more of it will be s hug risk of losing large sum of your money. In case of OP's thoughts of price pumping to $40k has a big chance. What OP should learn is to avoid lossing his investment so having stop-loss order in trading is very helpful, and should always do it when making a sell order.

Definitely it will be the persons money except if the person wants to go for loan which is not advisable except if you have another means of earning knowing the nature of bitcoin been that its a long time investment how do the borrower intend to pay  back the loan he collected for the investment. Normally life is all about risk investing your money might be risky but what if you risk it and eventually you made back your capital and your profit is it not worth it. Just one piece of advice: it's best for the investor to understand that this will be a long-term investment, so they shouldn't expect money or a profit right away.You will be successful when investing in bitcoin if you have this mindset.

Even as bitcoin surpasses $35k and touches $40k, it's still a good time to buy bitcoin to prepare for the next bull season. But that is only suitable for people with spare money, and a job with income, not suitable for OP. As many others have pointed out, OP is looking to use his college funds to invest in bitcoin and he expects to make a profit within 4 months. In your opinion, was what he did right or wrong? As for me, I wouldn't take his side because he's just trying to gamble rather than seriously invest in bitcoin.

It is not too late mate, it is still early to get some fractions of Bitcoin. Though price is quiet high nowadays but still not too late for you to invest in Bitcoin. Just don't put a blame on yourself, it is too risky to take the risk of investing that money on Bitcoin because it is a volatile one. It is intended for your education purposes and a lot of things might happen that time so keep calm and buy Bitcoin on your extra money.

Bitcoin has increased significantly this month and my prediction is that bitcoin will fall below $30k in November instead of rising to $40k. My friend, investing in bitcoin requires knowledge and time to research and make a long-term investment plan. You can't invest just because you think it will go to $40k, and it will, and you decide to invest because you think your thinking is right.

Bitcoin is unpredictable and what are you prepared for if bitcoin falls below 30k$ like I predict?

If you estimate that Bitcoin can fall again below $30K next month, maybe there will be a lot of people who will want to enter the market to buy Bitcoin and this will again cause another increase in Bitcoin. Because before the halving, a decline like that will continue to be exploited by many people for greater profits. Because the goal of long-term investment is to target more significant profits than just trading in the short term.

I think only new capital needs to be prepared if there is another decline in Bitcoin because ignoring the decline or just watching the decline as it occurs will not change anything and will not gain anything. So I think it's just the new capital and also the same enthusiasm in buying when we see the decline coming back in Bitcoin.

Still there's no guarantee that it would reach either $30k or $40k since it's still volatile, even if you said that you have done your research if there's suddenly a news or update that could impact Bitcoin's value in the market, then it could be decrease or increase. There's no assurance in a volatile market, still people could get profits from it as they take advantage of the volatility. Well, long term investment could get you safe or doing DCA method would help you to avoid stressing over the market. But personally, I think if Bitcoin reached $35k, some people might take profit and reinvest, since for the last months it was at $20k-$30k range. So if you invested at that period that's good. Just have a plan incase Bitcoin's falls/rise, just take advantage wisely.

Lemme drag your attention on something very essential as a matter of necessity that if any money that has been set aside for your education should only be for your education do not use the rate at which you want to make profits to temper the money in the name of making profit or increasing your values. I have red a post where someone uses his tuition fee to buy bitcoin or I think gamble to double his money along the line the money went against his initial plans were his gambling went against him and he lost all money. The thing is do not be tempted by what you see since the money has been set aside for something very important so I suggest you should be on your stands to hold back the money in bank than you uttering the money for something else rather than school runs. Have you also thought about the volatility of what you want to venture into?
The risk associated with the kind of investment you are making, why not go source for another funds or possibly go seek for job and invest your salary instead of the money your father has set aside for your education. Please don't you ever take that decision as it the wrong you are about taking.

If we continue to be holding Bitcoin, we might be surprised that we are going to earn a lot from the market since there is high probability that the market is going to be more bullish from the ending of this year. It will be an opportunity for us to accumulate enough Bitcoin in the market for the bull market coming soon.Those that understand how the market works will know that buying and holding pays than just complete not investing in the market.

 Those that had been in the crypto market for a long timw before now can always attest to how the market had been moving from less than dollar to when it finally get to a dollar and from there, the market had been moving in a higher high and higher low direction since birth. The price of Bitcoin might move again from the price it is now to a good price that would surprised Bitcoin enthusiasts and those that are in the market to watch trend without any form of investment..

The money you want to invest in Bitcoin is for your university admission. Because bitcoin is risky so it is better not to invest in bitcoin as the money is involved in your education. As the money is for your university admission. So I think it is better not to invest in bitcoin. Because if for some reason you get hurt or lose money from bitcoin, then you will eventually stop studying. If there is another way you can earn little by little money that money you can invest in bitcoins it will be good for you.

This is where you are completely wrong. It is never too late to plant a tree. Making an investment is very similar to planting a tree. It doesn't mean anything now maybe but 5 years from now, you will be glad that you planted that little tree.

You don't even have to go all in and it is not even a good practice. You should do monthly or weekly investments (planting) instead. That's called "dollar cost averaging"

Also mind yourself, bitcoin is not the only game in town. You can invest in almost anything out there. Real estate, stocks, alts, commodities... To decide on an asset, you need to have some financial knowledge though and that's where knowledge becomes important. Educate yourself about bitcoin or whatever asset you have in mind and only then make investments.

It's amazing that so many people wake up right now, when bitcoin finally crossed 30k and so many were silent when it was going below 20k.
People are always late for the party and you can tell them all day how bitcoin is undervalued below 20k, but they won't listen all that matters to them is that there's more red on the charts, which must mean more red is coming. Now there's a lot of green, so a lot of green must be coming :D

If you had money in the bank and no bitcoin, the right thing to do was to get at least some exposure and you could do that by allocating 10-20% of your money to bitcoin.
Do what you feel is right, but I'll always tell this to people who ask me if they should buy:
Do you own bitcoin? If not, get some ASAP. If you do, decide if you want more or not, but if you don't have any, get some. It's a must, even if all you can do is 1% of your net worth.

There is never any time late to invest in Bitcoin my friend, and as such, that you were able to allow Bitcoin rise by $10k while you were procrastinating, please don't allow yourself to make such mistake again that you will be watching and allow Bitcoin climb another extra $10k while you are yet to make a wise and profound brilliant financial decision for yourself and your studies. (i.e $43k per BTC). So on the nutshell, I will advice that since the money is meant to be used to finance your education, for I will advise that investing in in Bitcoin is far more better than leaving it in bank where it's value likely to depreciate in time, unlike in Bitcoin whereby the value invested likely to appreciate in time.

Don't be sad because you couldn't profit this time. You will have many chances in the future. We all knew bitcoin would rise at this time. But nobody knew this would happen so fast. Even a month ago, it was around 25–26k, but it pumped so quickly to 34k. You can expect more pumping as the upcoming halving will soon occur. But before investing, you should acknowledge the risk you are taking. By your description, you seem very young. You haven't started university yet. A private university costs a lot if you don't have a scholarship. So in this peak moment, if you mess up financially, you'll also mess up your education. So don't invest in something you don't fully understand. You are living your golden age now. I'm sure you'll get many more opportunities.

As you have said, I understand that you are so dem serious about getting the money you will use to complete your education, but not the other way round. Bitcoin is not a place for you to save the money that you are planning to use for your college in just a few months ahead.
I do prefer you keep the money you want to pay for school fees in the bank, even if your money will not add any interest or profits to it, it is still safer than investing the money you want to use for college.
Your father sold 1 cow just to raise money for you. Now have you thought about it, just in case you lose the money in Bitcoin investment? No, I don't think you did, because I wish you had given thought about that. You would have known that if you lose the school fees your father will have to sell more cows just to provide another money for you.
Bitcoin investment is not a thing you should use borrowed money or money that can be used in a short period, just like how you want to use it to pay for school fees, there is a possibility for you to lose your school fees in Bitcoin investment.

Judging from the story, he just graduated from the university and the money he stored at the bank was the result of the sale of his father's cow last month, so it can be said that the money stored in the intu is a family money, in my opinion rather than being stored in the bank and only will be depreciated by inflation and also pay interest interest to the bank I think it will be the loss of its baiga.

If you see that we will approach Halving and also the acceptance of ETF Bitcoin, what is now happening is not a pump but the adoption of the Bitcoiners to prepare for the big event, most likely the price will continue until the halving arrives, I think it is better for him to take the risk today for In investing in Bitcoin, if you feel afraid that the dump will occur then use a DCA strategy to anticipate it, you will have the opportunity to purchase at a low price when the decline occurs again.
It is not good to delay big things in life, maybe with this he can get a proper return from Bitcoin in the next five months and can make an increase with the money generated from Bitcoin investment

What you should think of is how long you are going to leave the fund there, and when your admission will be ready, will that money still be worth the same in bitcoin? We can't be very certain as bitcon price is not always predictable and you can't tell what the price will be as of the time you will want to sell.

In order not to run into regrets in your time of need, it will be advisable for you to just hold onto that money in fact. If your country's currency is losing value like mine (Naira), it will be best if you convert the money to USDT for crypto or USD if you have a foreign account.


This will be a good idea if the OP is thinking of how to get some BTC that he can hold for a long period of time and not as a means of doubling the money that he has to support his educational journey.

The link you provided for the pay for his rank appears to be very low, although I don't know how much that will be worth on the OP's side. Such a campaign for his rank should just be for the user to accumulate, as the weekly pay sometimes might not be up to what's worth withdrawing.

With this current pump in the price of Bitcoin, many people will be skeptical to see if the price will fall back or continue going higher because there is no certainty to knowing whether the price will continue pumping or not because the much expected time for the bull run has not reached due to past history that shows the bull run always happen immediately after the halving period and the halving is supposed to occur every four years after the bull run of which is supposed to occur sometime next year.

So there is still lots of opportunity to actually buy some coins and hold it because the price of Bitcoin has not fully reached it prime but still yet the need to be skeptical about the price is still there because of the market volatility.

There is nothing to regret about investing in bitcoin, whatever the current value of bitcoin, what you buy is a good move, believe me bitcoin will reach a new ATH. It's true that no one knows when it will happen but it will happen. Of course, to get bigger profits, you have to keep it for a long time, you can't make a profit in just a few months.

So you don't need to get carried away with FOMO, what you have to do now is buy as much bitcoin as possible and store it in a cold storage wallet. Better late, than never. And it's never too late to start investing in Bitcoin. Buy, save and learn Bitcoin now.

Putting the money your father saved for you in to any kind of investment other than some basic high earning savings account would have been the wrong move and completely disrespectful of your fathers hard work.  What would you have done had you lost the money, or it dwindled in half?

Here in the United States we have what's called 529 college savings plans.  This is something perhaps your father/family should look in to.  Depending on what country you live in, you might have something similar.

OP, I think you're going to make the wrong decision. Anyone with knowledge of Bitcoin will not let you make this decision for you. Because your father has collected money by selling a cow for your studies. Now if you invest in bitcoins you may face losses. How will you enroll then?  Where will your father get money again? Invest money in Bitcoin that you can afford to lose. You need to find a source of income first. You can invest when you save money regardless of your job or business. You will have plenty of time in the future to invest in Bitcoin. At this point you should focus on your studies. It seems better to keep your money in the bank at this point. Moreover, after a few days only 5 months you have to get admission in the college, it is not good to keep the money at home but you can keep it at home. And especially let me say one more thing, you are a Bangladeshi citizen. You should note that cryptocurrency is illegal in Bangladesh. Now do what you think is best.

There's no such thing about being late but we know that it would really be just that right that we would be thinking about getting some those entries on buying when it is really that on the bottom price.
So how we would be able to determine the bottom? Well, this had been the main question on which most people on this market would really be having in mind, and since this market is unpredictable
then there's no way that we could really be able to tell on where it would be going. Therefore, missing out opportunities is really that likely to happen, this is why when it comes to decision making then it would really be that important that you should really be doing or making such move first or else you would really be seeing yourself getting left behind.

Its really that hard to make yourself that be able to make out such move due to unpredictability of this market. It is normal that you would really be hesitating on the actions that you would
be making on having that kind of fear which your investment would really be going into the ground. This is why its a matter of risks taking and dedication on making investment here on
crypto space. IF you had missed out then better luck next time and since this market is always that moving then chances and opportunities is really always there.

If I should tell you the truth, investing in bitcoin now is a wrong decision to take if I should tell you.

Have you thought of this on your own, what if the opposite happens towards my bitcoin investment? How will I manage the situation, if bitcoin didn't increase in price as I have expected it to be in 4 - 5 months? Landing you at a loss side, like when your admission to the university is out.

The question will now be, are you going to leave it pending or sell your bitcoin at a loss price? Yes or no?

I am asking you these kinds of questions for you to have a proper view of what might come up in 4 - 5 months towards having bitcoin as an investment tool. As we all know about bitcoin investment, nobody can predict its future price.

Risks won't be called risks if we can determine already what exactly will happen in the future.

Rather than keep yourself confused, in doubt, and regrets, why not turn your experience into a recipe to plan what's the best thing to do from now on? Analyze all the considered loopholes you weren't able to cover and make a good plan out of it.

Ask yourself, what made you believe that Bitcoin will reach your dream price? Support your future analysis then start your progress.

Since matket is unpredictable I wouldn't advice anyone to use money meant for important purpose to invest in bitcoin.  Bitcoin investment is always with an extra fund that won't be needed to solve emergency problems. The problem many do have in bitcoin,  they think they can invest in bitcoin and make profit in  their own predicted time. It is too risky to invest with money that will be needed in a short time to invest in bitcoin because the volatility of bitcoin price can't be predicted.

I feel your regret for not seeing the potentiality of Bitcoin and many individuals have that kind of feelings. However, it is not a thing we should think about and blame ourselves as we can't turn back the time instead, make it a reason to pursue it by now. Don't mind that we are late but rather think that we still have the opportunity.

Never think OP that those who came earlier had also had a great time in crypto, some of them had also struggled hard and suffered losses. If you had been in crypto earlier, it was also uncertain that you become successful or become like those who quit.

Whatever Op is planning is timely, as far as I can see, because the Bitcoin halving and bull run are coming. So, if I were in his situation, I would continue what he had in mind. Because this is a good opportunity to experience earning in Bitcoin. Because Bitcoin is more than an opportunity, it can not only provide us with a source of income in the future but can also provide us with savings every day of our lives.

They will only happen when we learn the things related to Bitcoin; even if we only know the basics first, they can be our guide in getting started here.

This has become a recurring habit, people will be afraid to invest in Bitcoin when the BTC price is below $20k, they even say it is a very dangerous scam. And finally, they want to enter and invest when they know Bitcoin is starting to rise again and reaches that high price point. And finally they are willing to take the risk. Why not just do it from the start if both are at risk, right? Then, unfortunately, not many people understand about investing in Bitcoin. They may think that if they buy Bitcoin when the price rises, then the price will immediately rise again and again. even though the market scheme is not like that, it is not always like that. It could be that after this increase there will be a market correction where the price of Bitcoin will first fall to a certain point. And this is what makes some people who have just entered are shocked again and end up selling their Bitcoin because they panic. Yes, this is what might happen if you invest but don't yet understand it.

but for the OP who has the desire to buy it, go ahead. And actually this is still quite better than buying during the bullish era later. But make sure you don't panic sell when the price suddenly drops for a moment.

Yea it's low pay but he can switch to better paying campaigns once they become available or as he ranks up. To rank up he'll need to be active anyway, might as well participate in signature campaign while doing so.

Even if the halving occurs, there is no guarantee that a bull season will follow.  although history has shown us that, we have no guarantee that it will repeat exactly that.  all we can do is hope it happens again, but there's no guarantee of that.  furthermore, what I'm trying to emphasize is that OP is investing with money he can't afford to lose, which is money his parents gave him for school, not some money to invest.  so I think giving him advice or encouraging him to invest is not the right thing to do.

Can you stop thinking and get to reality that you’re trying to chase after profits forgetting that nothing is guaranteed in the cryptocurrency or bitcoin industry and no one can surely predict the price of coins and I also want to let you know that you’re not yet late but rather still early in the game and you should always try as much as possible to keep buying and accumulating as the joy of a bitcoiner and a holder is in long term holding and I also want to advice that you shouldn’t work on assumptions that you’ll always make profit and you should only invest what you can afford to loss as nothing is guaranteed in the industry.
Good luck with your plans

I would not recommend you either investing or not investing the money for your education in Bitcoin because the market is highly unpredictable and no one can actually know the exact future. All we can do is tell you the positive and negative consequences if you decide to invest your money in Bitcoin.

Just because Bitcoin managed to go up by $10k in a few days, it doesn't really indicate that it will keep going up. So, if you invest your money in it, and it starts dropping after that and doesn't manage to go above the point where you've bought within 4 months, you will have your money stuck because your assets will be worth less than what you have invested if you sell them and if you don't do that, you will miss the admissions, obviously.

(Basically bitcoin is TOO GOOD for long term investing because one full cycle of bitcoin is 4 years long. So for short term, do not plan anything with your committed funds).

I don't think so that is a good decision. You should not invest that amount which your parents have given to you for you education purpose. Whenever I saw any suggestions about investing in Bitcoin or in Crypto they always mention that never invest that money which you can't afford later. The market is volatile and if Bitcoin can go up significantly so it can come down significantly too.
Always invest that amount which you can easily afford so be careful my dear friend.

I think it would be foolish to invest your private university tuition money in Bitcoin.Let's say you invest in bitcoin because of a sudden rise in price. Good thing you don't get your money back when the price of bitcoin goes down.So then getting admission in your college may hamper your admission in private university.If you are so motivated to invest Bitcoin then you can invest with money other than your university tuition money.

You don't have to be worried or even blame yourself because there is no late comer in Bitcoin investment, you can invest in Bitcoin at any time, the price of Bitcoin is very sensitive, it is almost very difficult to predict when it will rise or fall, so I think you don't have to angry because I so much know that if you had invested the money in bitcoin during the period of its declination in price, you would have withdrawn your investment because of the fair of uncertainty, but the thing is if you are sure that the risk is worth taking, then go for it but I can't advise you on this, just do what is right for you, but before that, make wide research so that you can be guided on the next step to take.

The problem OP is you do not own the money in the bank. You have no right to touch it except for the purpose of your education. Indeed you need to have a proper education in order to learn and understand the proper ways of managing finances. In your situation, you are thinking about gambling and not investing. You're still young, finish your studies since the world has a lot of opportunities for you once you are done with your schooling.

Sooner or later you will understand the world of investing. Bitcoin is a high-risk reward investment which is why you need to invest only what you can afford to lose. You don't borrow money in order to invest in bitcoin. And you don't borrow money if you have no work or business, otherwise, you cannot pay it back.

In the gambling discussion section quite often it is possible to see statements, risk what you can afford to loss. This suits well to OP, what is in the bank is the fund kept aside for your education. We can't be sure of the bitcoin market. Just think of a situation where the price have gone down soon after you've invested. This will surely make you worried and look for other ways to compensate what had been lost.

Even now the price predictions were positive as well as there is some price predictions of price testing the range of $31000. If you've got excess fund, investing into bitcoin is good. Risking the money for education is not the right choice. If not, you should have the time period to hold. 3 to 4 months of holding is highly riskier, if you're lucky you may get to enjoy even in the short time duration.

Bitcoin may cross $40,000 in value, but it is also possible that Bitcoin will fall back down to a low of $32,000.Bitcoin is still a good investment opportunity, but one thing to always keep in mind is that the crypto currency market is a volatile market. Here, good news can send the market well up, but bad news can cause the market to crash. Thus, people who want to invest for a certain period of time can suffer losses.

By the time you have to enroll in university, the value of bitcoin would decrease. So the risk can be taken ,but in my opinion it is not a wise decision to invest in the crypto market with the demand for funds. Sometimes bitcoin will revise before halving its price. In my opinion, if you want to invest in bitcoin for four or five months, it’s not worth it, if you can wait until next year, it’s definitely a better decision.

True, there is absolutely no compulsion for them or anyone to rush in terms of bitcoin accumulation, there is no compulsion and it will return to themselves in terms of ability. As you said, they can come anytime when they are ready, and yes maybe you come when others can already enjoy the bulish phase, but that doesn't matter because bitcoin is always unpredictable, don't get too hung up on price movements that are high enough, but you can start from now, look for lots of references related to the potential of the next bitcoin, if only you find something interesting as an opportunity that you will be able to take advantage of then you can immediately enter to start your bitcoin investment.

It's useless for you to come in a hurry if you don't bring any fishing rod to make a profit, and I mean that is good planning and management, it's always about that, because only those two things will be able to make you make profits consistently and minimize your losses, although yes, it cannot be denied that the potential for losses or even you are very likely to experience losses while you are there. Buying during the bearish phase and selling during the bullish phase is always our goal, even though it looks simple but not infrequently many of them fail and experience a lot of losses, so really you have to bring good management and planning there, also with a fairly accurate analysis in order to take advantage of every moment that comes.

After reading your post OP, I think it's actually fine to not risk your educational money which your father gave to you by selling one of the cows. That's actually true that there's no late comer to Bitcoin as it has a good potential especially for long term investment. Still Bitcoin is too volatile, it might fall once again next month or the end of the year, so it's really risky. For me, I wouldn't like to invest the money that I couldn't afford, cause that money is already settled and just waiting for the right time, using it can only lead to 50/50 chance of profit and losing. Which I prefer to play safe, I rather stake the spare money I have than using the money that provided by your father. Still it's up to you, it would be better if you ask your parents for permission for them to be aware than invest in secret.

Actually, it's not stupid, but it's just not appropriate to use money whose purpose is for studying, not for any investment, including Bitcoin. Investing in Bitcoin is actually not that difficult as long as we have money and knowledge about it as initial capital, but we also have to know how to allocate money into whatever investment it is. Because any money that you want to use for investment is money that is very free from other things, meaning it is money that is not for other uses in life, so the money that is put into investment is money that is really appropriate to be there.

Investing in bitcoin is truly a life changing than saving your fiat in the bank.

However, Bitcoin don't always give you a $10,000 increase in price in a very short period of time, that's why you have to study on how to read price charts to have your own technical analysis based on those candle sticks and news about cryptocurrency. It's not just about investing and hoping to get some decent profits like after some months of waiting.

Let's say you bought now at $34,000, it could dump to $30,000 and stays like that for months. My point is, investing in bitcoin doesn't have to be your tuition fee or anything that's already been for something important, the fund that you should invest are your extra savings, because it could take some time before you could have a decent profit.

Yes, it's true that invest only that money which you can afford to lose but the situation with the Op is different. He is in the university and he is still dependent on his parents. His father has a cow farm which is good because it also creates a good profit but dependent on the father's income when you reach the university level is not good, it's my opinion and every person has their mind which may be not agree with me. Keep his situation in mind I am supporting his decision to invest that money in Bitcoin. There is a probability of Losing funds but what if he made a profit from it, he will pay his university fee and invest the rest of the money. But this is very risky but I always  suggest that risk gives you the best opportunity to take it and succeed.

There is no regretting chances here and still not so late to invest the the Bitcoin.
There are thousands ways ones can get rich or make profits and not only Bitcoin investment rather investing on Bitcoin would pave you the chances to engage on other personal activities with you be a custodian of your trading as long Bitcoin remains decentralized with its potentials to increment in values proffers to profit it's investors without a muscle and could stay anonymous and can set a reliable Short and a long term investment.
This is the uniqueness of Bitcoin investment otherwise there are other sectors to make profits but since you have tested and testified the goals and the potentiality of the coin, I advice you make out however little Capita to keep investing while on the set to the whistle blowing of a bull run in the Bitcoin crypto markets.

Further emphasis of your regrets in failure to earlier Bitcoin investment should be an experience and that a further delay would cause you more regrets because the increase rate of Bitcoin is at its unlimited range.

Besides... $26K wasn't the least or best value rated time to invest in Bitcoin but at the lower costs comparing to date.
I can also say to you that Bitcoin has not bad time to invest on and long you posseses the ability to exercise patient while the crypto markets is programed to inflations and deinflations.

My advice is to you is... If you still want to explore in the Bitcoin industry, since you have made a profit from the money supposed to be deposited in the bank for your studies, if you think your parents can afford your academic requirements with your subordinate, you can abstract the profit made then and reinvest it same in the Bitcoin while you make a withdrawal of the capital to atleast take caution level to protect your studies as planned with parents.

you are still dependent on your parents so try to avoid investing in bitcoin with the education money they entrusted to you, it's better for you to work part-time to get some side money that can give you cold cash to invest in bitcoin. finish your education first, after that you can plan other things for you to do, education is not empty talk, be sure when you finish your education, then look for a good job so you can afford to buy bitcoin, don't be reckless with money.

And now the price of bitcoin jumped again. Though I don't think that you did a wrong decision. You shouldn't regret it given that if anything goes wrong, your family trust and probably your assured chance of getting admission in the university you are planning will vanish. There's always another chance in profiting out in bitcoin, maybe it's not your chance now. Believe me, majority of us here had experience somewhat like this, missing out on a time to invest and regretting it later but that what makes us want to invest in bitcoin more. We are still not on a bull market, the fear isn't that high but investing your spare money wouldn't hurt you in the future.

Try finding a part time job and use it to spend on investment, don't use other people money or money that has allotted on a specific purpose like your tuition fee. Don't regret, it's a good decision to make it sit on the bank if you would ask me. We wouldn't know what bitcoin next move is, just like your future if you invest it into bitcoin.

Of course, if a person has already determined how the risk can be managed, then there is no difficulty for him in investing, as said in the thread title discussed by the OP. According to him, maybe I should have taken this risk earlier. So, by elaborating on this further, I believe that if you know the way of risk management and start your investment this way with full preparation, keeping in mind all the risk aspects, whether it was an investment earlier or it is a current one, definitely both can provide profit because it is up to you whether you can amortize all these principals of investment or not.

Besides that, there is no other investment like Bitcoin. Which can give you so much profit in such a short time? So there is no other business that can give you as much profit in a 4-year cycle as Bitcoin. Although you have to keep all your effort or monitoring on it But in bitcoin investment, you can keep your investment safe in your hands by taking a few steps and taking out profit easily.

Because of these few rare qualities, the world likes investment in Bitcoin compared to business, even though they know that Bitcoin investment is based on risk. But this risk fails those who do not manage it. For these people, it doesn't matter how much the risk is or how much damage it can cause. Only they postpone their risk with confidence and under their proper strategic planning and make their investment by keeping profit in front and gaining a good profit for their investment.

The truth is it’s never too late for you to invest in cryptocurrency. There are lots of opportunities that will bring you  profit, just do your research and make sure you don’t allow greed to set in. There are other opportunities you can explore just like the Bitget Shark fin product.

Looking at it from risk management, I think you probably did the right thing. Yes, there's been an increase of $10k in a short time but that doesn't mean it's always like that. I strongly advise that whenever you choose to invest, invest with an amount that you won't be needing in a while. This is because most times the reason why people don't make the most out of the price opportunity is impatience (probably the purpose of the money suffices). Another common practice is slowly investing, it could be any amount as far as it goes into Bitcoin and not the bank, but also make sure that it's not too much to trouble your pocket.

As long as you are aware of what bitcoin is, I believe it is never too late to purchase it. We can study it and learn it together if you still don't comprehend it. Therefore, understanding Bitcoin's depth is crucial. Then, one of the best investments to make is in Bitcoin, especially over the long run.

So the answer is straightforward: if you are one of those who thinks a bitcoin will eventually be worth $150,000, purchase it today if you have something to buy. Don't hold off till Bitcoin's price rises. It's only an illustration.

It is never too late to start investing in Bitcoin because we can start when we feel ready to invest and also we have to use the money we have and not use it for other purposes so that we can hold it for a long period of time to be able to make a profit. from the investments we make. You are right, if we believe that the price of Bitcoin can increase in the next few years then we can start collecting it now to be able to profit from Bitcoin.

You are in a very tight position OP, you planning to invest in Bitcoin is going to be very hard for you, because you are not making any money one way or the others it's better to learn skills right now, find ways you can make money first before thinking about investment,  at your present age I believe you have the time to learn a lot of things, I did the same when I wasn't making any money, I was living with my parents and I found Bitcoin back in 2016, I took my time to learn everything about Bitcoin and crypto, it's because I was still young and I have no responsibilities at all.

That's why I said you have all the time right now, you can look for some skills to learn around crypto world, trading is a good one and coding too, just take your time to do some research you can find a niche in crypto space that's interesting to you and start from there.

Many people who don't have anything that's bringing them money forced their way into Bitcoin investment, two guys from my city also did the same thing, today they aren't holding any Bitcoin because they are tired, they are jobless and they decide to take my advice less seriously, I told them to look for job first but they make me seem like I don't want to teach them and I did, now they know why I was hesitant in the first place, investment is not going to be fun if you are not earning money monthly.

There is no best time to invest in Bitcoins. If you have money to invest, then just invest right now irrespective of the price. This is the golden rule all investors needs to follow. I can understand OP’s concern, but you need to also understand that, along with the risk, the chance of getting losses also increases. Instead of growing 10k usd, what if it fell in price? Then what you will do about your college fees ? So always invest that amount that you can afford to lose or don’t need in emergency. Hope this helps you OP to understand things better.

Regrets wont change anything but we can do something now. It's true that dwelling on past decisions won't change the present but if you believe in Bitcoin's potential, it's essential to focus on your current investment strategy and make informed decisions based on your research and risk tolerance. Remember, the cryptocurrency market can be volatile, so it's crucial to be aware of the risks involved although you think you started late. Everyone has to start somewhere, right?

That's the life that most people dream of, having parents who are able to send us to college is a hope that some children want to get because there are many parents out there who are unable to provide education up to the final level to their children. You don't need to force your parents to invest money because investing in bitcoin is not an option for their generation, even though we know that bitcoin is one of the best investments today. Regarding the education money that you save, you don't need to use it for investment because it will be quite a hassle when the money is needed but the price of bitcoin goes down.

You can use the method that most people often use and use your pocket money to invest regularly. DCA is one method that you can use because it can help you collect bitcoins. When you are still a student, there must be guarantees for educational costs and daily pocket money and it is impossible to sacrifice these completely for investment because it can disrupt the education you are currently undertaking.

But I'm pretty sure that if bitcoin drops below 30k$, OP won't dare to buy bitcoin because he also didn't dare to buy bitcoin when bitcoin price dropped to 26k$ before. I don't know what will happen in November, what I said is just to point out to OP, don't think bitcoin will go to 40k$ and it will definitely happen as we expected. I don't think he invested in bitcoin because he realized his mistake but because he is Fomo because of the recent price increase.

I would also agree with you that Bitcoin may drop below 30k again, though by the end of 2023. Although nothing can be said with 100% certainty in advance about the cryptocurrency market. It's true that Bitcoin's halving is very close and people are suffering from such FOMO as a result. If the market gives a little pump today, people think that it seems that the bull run has started. To avoid this kind of FOMO, I suggest those who are new to Bitcoin to invest long term with idle money.

  Very well said, the market is not going anywhere you can invest at any time. You don’t need to make irrational decisions about your future. Investing in Bitcoin should not be done with money meant for emergency or other purposes, rather it should be either your savings or income from other sources of income because even after investing in let say Bitcoin you still need to be patient to see it rise to the level you see your gain. Bitcoin is not a one night investment and the market can’t be promised at this time. Remember we still in the bear market. We may see a downturn in bitcoin before it finally goes up.  Don’t let FOMO (fear of missing out) make you make impulsive decisions.
  I will suggest the OP should keep his money meant for his school, if you really want to invest get your own capital there are no late comers in the space. You can still see other potential project you can invest in. There are lot of potential projects in the crypto space this is why is good to be well informed about crypto before engaging in it. Never use a borrowed money or emergency money to trade that’s an irrational investment in most cases such investments tends not to be productive because you will be trading with desperation. 

For me, you can invest if you really want but only for your own hard-earned money that you can afford to lose. But since you are going to take risk the money that your parents have provided for your admission, I would suggest to never ever do that, otherwise you will be left regretting your decision. Bitcoin may be currently at a good position but the fact that its highly volatile and any time of the day it's price will drop, that means you will only compromise your money that will be usable in the next four to five months.

 I can see your passion to invest in bitcoin but never forget that investing also needs the perfect entry to the market so you can also make a positive exit. And right now, bitcoin price might be slightly high for you to enter the market. Wait for another price drop and by that time comes, use an amount that you are comfortable losing.

What will happen if you lose your wallet's private key or if your wallet is compromised and you lose all the funds? Your study will be heavily affected and can be stopped? If that is the case then you should have never taken that risk. Bitcoins historical statistics don't guarantee that it will have the similar growth as before. Bitcoin is important to get rid of the inflation but it is not as important as your study. You can earn more than you would have earned with your investment in bitcoin if you can get yourself educated. At the finish your education bitcoin can be purchased later on with your future earning.

If you keep doing this, your family may have to sell all your cows. When you invest (no matter where), you should always do it with amounts you can afford to lose. If you want to invest in Bitcoin with money earmarked for your education, you're not making the right move. Because Bitcoin and the cryptocurrency market are highly volatile and we can't predict where the price will stand in the future. Investing in Bitcoin can of course lead to riches in the future but it's hard to predict.

The amount you invest should definitely be at a level where you won't be upset if you lose. The price of Bitcoin may not always keep going up and you could lose the money you've invested in education. Do you have a plan B for that? If things don't work out the way you want, you will be deprived of your education and you will have no money. When you make your decision, you should calculate all the possibilities and take action. I think you should save your education money for education.

Investing in Bitcoin is very good but only for long term. Bitcoin investment will not be good for you because you will use your money for education. If you invest this money in Bitcoin and after investing your investment goes down a lot then you will be very disappointed. And then if you need money for your studies then you have to raise money by selling that investment at a low price. So my advice for you will always be that you never invest this money in Bitcoin. Because you don't know any investment rules. At any moment in any way you will lose investment. Bitcoin investment is mainly for those who invest and look back until the investment is successful.

Yeah true, you shouldn't expect to get rich overnight, but you could get rich faster than what a bank would give you, or any other legal and legit would make you rich. I mean people want to invest just a small amount and get a lot of money in return, that may not happen in crypto, surely we have heard stories like that during bull runs where someone invested something small and became super rich thanks to being lucky but that is not common and doesn't happen all the time.

Whereas, when we are talking about a situation that is a little riskier, we are talking about a period where things would be slow compared to that, but still faster than saving it in a bank, you are going to get enough money over span of 10-20 years that you would be considered rich. The hardest part is that crypto is not something people want to hold for decades, if people can overcome that fear then they are going to end up with something that could be profitable on the long run.

Keep one thing in mind, don't invest money that you can't afford to lose. In this case, your father sold his cow to generate money for your education and for them, it is a big amount. Bitcoin is a risky investment and not good for short-term profit at this time when there are uncertainties about the price action. What if the price dropped instead of pumping, what would you do? Do you have a backup plan?
Always invest your extra money into Bitcoin so that if the price drops, it won't affect your day-to-day life. Bitcoin is a good long-term investment. 

That reminds me, OP is investing money that isn't his and can't lose it because it's money his parents gave him for school, not his pocket money or idle money. To me, a person who doesn't make money and still depends on others should not invest because it only makes them lazier and always has a get-rich-quick mindset. We should go to work, earn money with our own strength, and then invest with that money, so that we will appreciate it and invest more seriously.

Yes, you are right there. At Op's age, he can be considered young in the field of bitcoin business. It's not necessary to rush everything; it's good to do it slowly and at least smooth out the learning about it.

Then, once the OP really understands the beauty of Bitcoin's concept, he will surely experience the smooth profit of the thing we are talking about here. And I also think OP will give it enough time to study it.

It is a good initiative to invest in bitcoins but what will you do if the money you are using goes to loss for some reason. Will you stop your education for investing in bitcoin? I think you shouldn't take any risk that wastes your life. I know that bitcoin is the best and profitable business at this time. There are several logical reasons for a perfect opportunity for those who will invest now, but there are no guarantees. You will gain but loss may cause you problems. If you have another backup so that you can continue your studies even if Bitcoin suddenly goes bearish. If there is such a situation then you can definitely take a risk of investing in Bitcoin. Because we know that nothing good can be achieved without taking risks. Those who will give importance to their future from now will be able to move towards success.

I feel like the OP is only looking at the profits that bitcoin can generate without being aware of the risks he will face by investing without knowledge and more seriously he is investing a money that cannot be lost. It doesn't need to be serious that he lost his wallet or couldn't access it, just ask what will happen if within the next 5 months the price of bitcoin drops to 20k USD. That alone is enough to make him have to drop out of school or his parents will have to sell more assets for him to continue studying. Studying is what he should focus on, not investing in bitcoin.

OP since you are a student, and you plan to invest in Bitcoin I think it is good. But you had a chance a long time ago when the price of bitcoin was low, if you had bought bitcoins with the money kept in the bank by your father, then today you could have made a good profit. Also, I think if you had invested at that time you would have got a good profit after four or five months, and later you could have attended university with that money. Since you did not do this, such a plan did not occur in your mind, so it may have been a mistake. But I think if you are currently investing in bitcoins, you may be in a lot of danger because bitcoins are worth so much right now. Also, you may need money to get into the university, so you can't invest now, you have to use your money for your studies. However, if you try, you can definitely buy and hold some bitcoins that you can save for the future and get a good amount of money out of it.

In the world of bitcoin investment, the basic understanding that must be applied is regarding the use of capital. As far as I know, Bitcoin investment requires the use of very cold capital (not to be used in the long term). Although investing in Bitcoin can be said to have the smallest risk compared to investing in Altcoins. But still, you have to be careful and always minimize the risks that might come your way. Moreover, you intend to use your education costs to invest in bitcoin. In my opinion, this can be said to have quite a big risk. So basically you have to be able to calculate the worst possibility and see the best potential. Indeed, if you look at bitcoin price movements from year to year, bitcoin always has price movements that tend to increase in price. But the problem is, you only intend to invest money for your education costs in Bitcoin for only a few months, because you will use the money for your education costs. So your decision not to invest the money in bitcoin, may be for the best. Because as I explained above, bitcoin investment must use cold money. So the bitcoin investment process becomes calmer and smoother.

You don't need to regret this deeply. Although it is true that Bitcoin is currently experiencing a price increase. However, it's a good idea that you managed to avoid this risk. Because after all, using education money to invest is not a good move, even in bitcoin investment. So even if you feel like you've wasted Bitcoin's potential right now. But as you may be sure, Bitcoin always has the potential to experience another price increase. Moreover, currently bitcoin will face a halving cycle and bull market where bitcoin usually experiences higher price increases. So now you better focus on looking for cold capital to invest in Bitcoin and study the science carefully. Because bitcoin's future potential is now greater than what you're missing out on.

That is something he should think about and know what he prioritizes first because if I'm in his position, I'd rather focus more on studying and only invest my extra money if there is. I know OP wants to be in self-support but he must know that there is perfect timing for investing. It was not regrettable not to invest today nor we can say that we missed the opportunity because there is much better fortune awaits him if he finishes his studies. It was only regrettable if we did nothing and spent our money on stuff that never gives us returns but it was for studies which is very important for us.

OP should keep in mind that it's advisable to only invest what he can afford to lose, and education's budget is definitely something he can't afford to lose, as it will be necessary for a very essential aspect of his life and future career. On the other hand, he doesn't have to give up completely on Bitcoin investment for that reason. He can't invest 1500$ in BTC, but he can do DCA, investing small amounts of money every month. Maybe something like 20$ every month won't hurt his finances, and he will be still enjoying the potential benefits of BTC investment.

Whatever you say is right, but the fact that he could earn a good profit if he had invested in Bitcoin earlier and there is a possibility that he might earn some if he does it now or when the market dips a little because the whole market is anticipating the bull run to start next year after the halving event. However, you are right that one shouldn't gamble with the cryptocurrency market since the market is extremely volatile and unpredictable and one can't do much without having ample knowledge.

Kids these days are already into investments, managing their own finances, and working to build their future while our generation never really cared about all these things at such a young age. I believe it's a good thing if someone stays away from useless things and is actually interested in learning things that can be useful for them in the future.

Yes, I am into investment after I finished my Bachelor’s and I already fulfilled some of my dream. If I have money way back freshmen days I will definitely invest in btc. Imagine I didn’t expect BTC to be big as of today. I will be a instant millionaire if i only have money to buy btc. Market these day are so unpredictable,but this is the best time to buy coins for me. Bull is coming and that is the best moment some of us waiting.

When I saw a story like this one I tried to be more skeptical, as I could not verify the authenticity of the story and I was not sure if others felt like me or not, I think stories like this were created to get people's attention. If OP is really looking for a suggestion then he should DM some of the reputable members of his local board to get a more clear understanding of the risk involved and the approach he should take to reduce the risk. 

You are right that if the bitcoin price drops to 20k the confident level and regret will turn into nightmares for OP. People don't have the nerve to watch their portfolio drop to 40% when that is their savings for a distinct purpose. Investors should not be excited by seeing others profit. We need to understand the risk that these people took to make a profit like this and rethink our ability to bear such a risk.

Since we cannot predict the future of bitcoin, I did not find it your fault that you did what you did. Moreover, the money was intended for your education; if bitcoin price drops, how would you explain it to your parents? I also did not see your fault in the fact that you did not consider this when you were holding the money in your bank account earlier. That would be a big risk, mate, and I can't recommend you taking it. I realize that if you do it and make a profit, it will be for your own benefit, but that danger is simply too much. If you don't have any more money to start your investment, you'll just have to leave it for the time being. Assume for the moment that you begin investing with the funds you intended to use for school. If the price drop after you get admission will you sell it then or tell your parents what you did it? I think the danger is very high.

believe me at the current price of bitcoin, those of you who are still students will have difficulty maintaining your consistency in investing in bitcoin, you will definitely sell it when you need money for your education costs unless you are numb to the education you have to take.  investing in bitcoin is not something that everyone can do, there are many processes and also uncertainties that you will encounter if you don't have sufficient funds for your daily needs, so i suggest you be patient, believe me you can still buy bitcoin while you keep continuing your education.

You don’t have to blame yourself for not investing in bitcoin early, and as we can see, education is also an investment, so I will still recommend you just focus on your education. You might not get the reward now, but I am sure in the near future, you will get the reward.
 
You said you would need the amount in your account in the next 4 to 5 months, then it’s better you don’t invest it in bitcoin, just leave it in your bank account, and when the time comes that you are supposed to pay for your school fees, just pay. Bitcoin investment is supposed to be for a long time. If you invest in bitcoin and expect a profit within a short period of time, then you are wrong. In the next 4 to 5 months, when you will need the money, bitcoin can be below the amount that you bought it, you will have to sell it at a loss, and you will still have to struggle to get the money that you will use to complete your school fees, which can affect your education, so just forget about bitcoin investment for now.

Do you still have hope for Bitcoin? Then you should go for it, although the investment you had in the cow was also a better idea because this is also a business and from that, I think you have already earned it in the past. And how many cows do you have now on the farm? Also, if there are better investment plans available like the investment in the farms, how did your father change his mind and think to invest in the bitcoin and get some excitement eventually?

Better to wait for the dip, but we can't predict too exactly because, in all of us, we don't know what will come next and what will be the bitcoin move next. So, better to invest in those businesses that are done by yourself like you said that you have a farm, etc. This means not type of online, if you have much time then you can go for trading with learn some strategies for it.

Let’s say the market price dropped to $26k once again, would he now invest? There’s a tendency that he won’t and will probably assume that the market price could go lower, then what if it suddenly increased? No one knows what will happen next. There’s no right entry price ‘coz no one kmows how will the market behave on the next few hours. Invest if you are prepared with negative consequences whether its price increase or the other way around. Regrets will always be there but what would matter the most is how will you act upon those regrets? Simply learn from your mistake and invest once you’re ready. Have the right mondset and risk management plan to lessen your worries and be able to actually invest in it. Know your priorities as well.

No matter the motive that bitcoin price drops to, I won’t still ask him to invest in bitcoin since he will need the money for his school fees in the next 4 months. Even if bitcoin drops to $15k, I won’t still ask him to invest because, as you just said, no one knows what will happen next. If you invest in bitcoin thinking it has dropped to the lowest level and it still ends up dropping more, since his investment is just for a short period of time, bitcoin might not have bounced back before the 4 months, but if he is investing for a long time, I know it might take months or years before it bounces back.


The Op is not ready, he is just trying to jump into investment just because of the sudden increase in bitcoin price. I'm sure that’s what’s attracting him, if bitcoin is dumping currently, I'm sure he won’t want to invest in bitcoin. It’s just better he forgets about bitcoin investment for now and focuses on his education. Maybe whenever he starts making money for himself, he can come back and invest in bitcoin, but investing school fees in bitcoin is really the wrong idea.

I have not completed my graduation year now and I came to bitcoin forum and earned a lot and from here I got good amount of profit by investing and lost again. However since you have finished your studies and thought of investing in bitcoin forum and gained a good amount of knowledge and profit it may be like a dream come true for you. When you first learned about Bitcoin, its price might have been very low and you would have been a millionaire if you had invested, but you probably didn't have the money back then. Just like that when I came to know about Bitcoin the price of Bitcoin was almost very low but I didn't have money then I couldn't invest. But I think it's a great time to invest in the position the Bitcoin market is in right now, if you want to invest. Since we have a huge bull waiting ahead, you can invest and hold while avoiding risk and you will earn good money.

When planning to make any investment, it should come from a well-thought-out process or you run into a loss that could have been easily avoided.

From your analogy, I don't feel that it is necessary to invest the money your parents saved up for your education knowing fully well that there is a chance, no matter how slim it is, for the investment to yield a loss.

Also, note that it would be best to invest your savings so that if for any reason anything goes wrong, you will learn your lesson and re-strategize better without hurting anyone in the process.

Education is also a serious investment and according to your post, you have bearly a few months before starting, so why the rush? Face your studies and try making some passive savings that way, you can take your time to study the market and invest positively.

Well that's also what I think, 4 to 5 months is not a very long time especially this is talking about bitcoin investment and the money will be needed in the next 4 or 5 months. We must be prepared with money that really will not be used for what if we invest in bitcoin, because if we use money for us to use in the near future then we should not invest.
We have to think about the worst thing in this case, and as you said if bitcoin is flushed again at that time will we sell it? it's a pity if you have to sell it. But there is no other choice when the money will be used for other purposes, and when it comes to education it is a very important need.

I would be completely against him investing more or less from the money his parents gave him. He should earn his own money before investing in bitcoin instead of relying on his parents. As a first-year student, it will not be difficult for him to organize his time and find a part-time job to earn extra income. That way, he will be able to invest in bitcoin more comfortably.
I really don't like students who rely on their families and think that because they are students, they don't need to work. Therefore, I completely oppose any investment intentions of these young people unless they make their own money.

Don't look at the past performance and imagine what would have happened if you invested early, this is not a healthy situation and will only make you feel bad. Bitcoin has been around for quite a few years now and there will always be new opportunities to invest in. Your father worked hard to give you 1,500 USD for your education, don't start using that money for trading now. It's better to finish your studies, get a well paying job and then start saving your own money to invest in bitcoins. Just imagine you would have invested that money and with 50% return that would be 750 USD, which is decent money buy not enough to risk your whole studies with it. There was no guarantee that bitcoin would rise so quickly again. Many people expected another bear market and you could have easily lost half of that money too. This would not only ruin your college education but also makes the relationship with your parents more difficult. Rule number one in trading is to only use money that you can afford to lose and education money is definitely not that.

Profits, losses, wins, and failures define this world. The'what ifs' of Bitcoin investment can be depressing - if only one had the funds to invest when prices were low. We must separate these thoughts and focus on the present. When you see a bull market coming, ask yourself: is this based on analysis or speculation?

Indeed, investing currently seems like a surefire way to make big money. However, it can be risky without a thorough understanding of the market's nuances and changes. An proactive, deliberate strategy is needed, while being aware of risks and financial upheavals.

I don't think good ideas with your planning, better use free money for investing in bitcoin because not guarantee with bitcoin price will up in the future or ten months later when you need for college. You can imagine several months later bitcoin will raise up to higher price and you can cover with your college cost but investing is not always promising with profitable but also you have already with bitcoin possibility for going dump. If you still on dependent of financial never use your parent money exactly allocated for college and use it for investing, take your time for spending and working as side job and investing in bitcoin not with your ideas use your parent money for investing in bitcoin.

Bitcoin investment can't promising with profitable quickly, maybe if your position memorize when bitcoin on higher price and how many investor loss their investment after bitcoin get crash and drop drastically.

and if only one has the ability to know when is the perfect time maybe that will make Him super rich in short time.
but we have seen none of us knows what,when and which to buy (of course bitcoin is there)
we have instinct use it to better outcome just trust yourself than trusting shiller or Fuder.
and readiness , because if things change course against your plans then the best to deal is Keep Holding than to plan exiting , maybe there are so many instances that price will increase sooner but there will never be assurance and thats why we have to be ready and must be willing to take that risks.

Base on the topic bitcoin came to this world as a surprise package and in the mist of Ponzi schemes so many people did not give attention early. And now too you are not too late. But the period you mentioned do the investment of bitcoin is too short because if you bought bitcoin and plan to sell it at the period of 5 months might be disappointing because sometimes that 5 months period bitcoin is still remains the same and you might me disappointed but if you plan it with the period of 3 to 4 years then you can make it. And those years too will increase your education years. Therefore if you want to invest in bitcoin and start your education then you have to forfeit the education for the period of years.

The budget factor is very important in terms of investment, in other words it is a general requirement that every investor must prepare and not only that, as you said the most important thing is that we have to allocate money that you can be responsible for whatever the end result is, especially losses, none other than because it is true that there is no guarantee whatsoever for you to always make a profit in every session, nothing is certain and very difficult to predict. And therefore if you really want to start investing because you see it is quite profitable then you must really have money that will not be disturbed by other needs, do not use money that will be needed, especially in the near future, as is being discussed here someone who will allocate his college funds to invest, I really would not advise, even though your determination is quite good but the method you use is not right.

Therefore I hope that before you start investing you have to look from various sides first about the positive and negative sides that exist in the world of investment, you will not be able to ensure that there will always be profits because the market will not always be controlled. Don't always look at the opportunities that have occurred, but look at what the future potential of bitcoin will be like, it could be that when you take a price that is quite tempting at this time but in the next few months it turns out that the price has decreased significantly, then with that obviously you will be worried and a little afraid because the money you invest is for your educational needs. Therefore, however, you must be able to consider everything you want to do, especially those that have a level of risk in it. Agree, bitcoin absolutely does not promise big profits quickly, you will be able to get it when you are able to engage in the long term accompanied by excellent planning and management.

You have a point that if he can earn his money, that's what he should use for investing. But there are people that are given money by their parents and they just want them to spend it wisely. Investing in Bitcoin is a wise thing for them instead of spending it on nonsense things. I agree about finding a job, part time and from there he'll be more responsible with his money and he'll take care more of it. And as he takes care of the money given to him, that's where he's going to learn how to take care of his earned money from any gig that he works for. Because if he sees how hard it is to earn money, he'd definitely think of what's best for his money whether it's given by his parents or earned.

Or you will buy Bitcoin now, and in a few months the price will drop to 20k and what will you do in this case? You won’t even have enough money to pay for your studies, these are unjustified risks.

You want to buy Bitcoin now to sell it when it reaches 40k, this is approximately +15% profit, but with your budget of $1500 it will be a little more than $200, is it worth risking this amount if we are talking about the money you need for studies? It seems to me that this is not worth doing. If you want, start saving your pocket money and buy Bitcoin, it will make everything much more reasonable.

It's simple for people who experience this, they can patiently wait for the recovery period or if they implement a long-term strategy then this is not a big problem. I'm not talking about whether he is worth risking the amount of percentage he wants to take or not, but when he has no plans to meet the necessary educational study costs then it will end much worse when the price of bitcoin drops and he needs money to finance his studies at that time

He needs to make careful planning and must take into account the costs of the studies required before deciding to put his money completely into bitcoin. I'm not talking about whether he is worth risking the amount of percentage he wants to take or not, but when he has no plans to meet the necessary educational study costs then it will end much worse. When the price of bitcoin falls and he needs money to finance his studies at that time he will make the wrong decision and sell bitcoins to pay for his education.

There is no success without risk involved in it, but to what extent people can control these risks to avoid unnecessary losses. The concept does not only talk about risk but how he can minimize other needs as important needs, which in this case is the cost of his education.