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Author Topic: If you had 50k and it was life or death situation to triple that money to pay...  (Read 291 times)
trueherobtc (OP)
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June 05, 2022, 05:45:20 AM
 #1

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


Much help would be highly highly appreciated !

(I will updated you guys as how it goes)
maydna
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June 05, 2022, 10:22:10 AM
 #2

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

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trendcoin
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June 05, 2022, 11:04:38 AM
 #3

Enter this market with the money that you will not be upset when you lose. If you do not do this, you may face very sad situations... Use the money you have for the first installment of the surgery costs. And ask the bank for a loan for the remaining amount... Try going to countries that offer better health care at a cheaper price... Whatever you do, don't use the money you need in the crypto market. God help you.

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sunsilk
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June 05, 2022, 11:10:39 AM
 #4

If the situation is in life and death and you've got money on hand, there's no need to look forward for the future if that money can save your loved one. No hesitations.

I was once in a situation that I've got money ready to pay for buying a property and suddenly my kid was hospitalized and no double thinking I've made, I've spent the money for hospitalization despite it's for another property which will be an investment and this is no different of using it for buying crypto.

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June 05, 2022, 12:52:22 PM
 #5

Let me give you more extreme tips. Since the next bull market phase is unpredictable and neither is your father's age, what if you bet 50k on casino games or sports betting. It will give faster results even on the same day. The assumption of this decision is that worrying about your father will not be saved until the bull market comes along and you turn out to be choosing a coin that is not following the trend.

If you consider this immoral advice, then you can take a mirror for yourself.  Any financial advisor will not recommend that someone invest in critical health.

This space for rent.
Available in mid January 2024 - PM me
so98nn
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June 05, 2022, 01:02:36 PM
 #6

That’s completely insane. You should not be putting those 50k in danger with any of the investment. There is no thing that can get your money tripled overnight. In this you will risk your money and could get into trouble with the whole medical services. You better visit nearest bank or relatives who can help you with the insurance or emergency medical services. I barely think anyone should be asking this question in the crypto where they want to make their investment triple and help for medical reasons. Just hope he will be alright.
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June 05, 2022, 01:18:05 PM
 #7

The market doesn't owe you anything, and with this approach to investing, you're more likely to lose your money. Look for other ways and avoid gambling and other projects that offer quick money. I do not see prospects for the growth of the crypto market now.

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joeperry
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June 05, 2022, 02:12:35 PM
 #8

50k is a big amount there are many possible ways to triple it either in gambling, trading and investing but the risk were high. I get what you are saying, if you don't risk it you won't save your father's life. I honestly don't know what you can actually do and neither of us here are sure where's the market is going as of now so it would be very risk if you trade, in investment there's a lot of scam projects lately and there is no assurance that you would have a profit after you invest to ICO or IEO.

hyudien
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June 05, 2022, 02:58:04 PM
 #9

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

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fenican
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June 05, 2022, 03:03:00 PM
 #10

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

I also can't imagine any provider in the USA who wouldn't take $50k as a cash down payment and do the rest on a payment plan. Outside of the USA, I can't imagine a procedure costing more than $50k.
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June 05, 2022, 03:12:51 PM
 #11

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

Hello OP. First off all i am sorry to hear that your father is in such a situation and i hope he is ok given the circumstances. To your question about tripling your money fast in order to pay for your fathers needed surgery think that you should not risk a crypto investment here. The risk of losing all those 50k usd is just way too high in my opinion. Also i think that you need to be really lucky at the moment to make a x3 of your investment because the whole crypto market is in bear mode.
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June 05, 2022, 03:37:59 PM
 #12

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

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

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virasisog
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June 05, 2022, 04:14:00 PM
 #13

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


Much help would be highly highly appreciated !

(I will updated you guys as how it goes)


I wouldn't risk the funds allocated for my father's surgery if I were in your situation. There are other ways for you to earn or save for crypto investment. It's between life and death and no profit could replace your father's life. They say that you must only invest what you could afford to lose so you better think of the possible consequence if you'll invest that fund. There's no assurance that the bull run will approach soon.
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June 05, 2022, 05:38:21 PM
 #14

Let me show this one quote:

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


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

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June 05, 2022, 05:59:35 PM
 #15

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


Much help would be highly highly appreciated !

(I will updated you guys as how it goes)

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

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









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ElonCoin.org.
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.
"I could either watch it
happen or be a part of it"

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ampere
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June 05, 2022, 06:38:22 PM
 #16

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


Much help would be highly highly appreciated !

(I will updated you guys as how it goes)



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

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June 05, 2022, 09:29:47 PM
 #17

 Shocked

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

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June 05, 2022, 09:30:43 PM
 #18

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

There are two huge investment mistakes here:

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

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

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June 05, 2022, 09:36:56 PM
 #19

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


Much help would be highly highly appreciated !

(I will updated you guys as how it goes)

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

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June 05, 2022, 09:50:39 PM
 #20

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


Much help would be highly highly appreciated !

(I will updated you guys as how it goes)


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

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