To pay for your fathers surgery who he is really really ill I am willing to risk this 50k and invest it to triple to be able to save him. What would you save on this next bull run ?
This decision is
gambling1. You are gambling your money
2. You are also gambling on your father's life.
ANd these are too risky. If I were you, I will use the money to do the surgery and probably will see for other ways to get money again.
Why?
Because:
- We don't know when the bullish market will start, many people say it will be in 2024-2025, but will this guarantee happen? None can guarantee.
- Are you sure that the assets that you choose will be multiple times until the bullish era?
- Are you sure that your father will survive during the investment? You said it was urgent, but why do you want your father to wait for years to do that surgery?
- If you lost the money, it means you really lost the hope,probably lose your father, and also lose trust.
Remember, regret will always come left