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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)
goaldigger
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June 05, 2022, 09:55:09 PM
 #21

Investing will always take time so technically, you can’t triple that money in just a month, so you might get into big trouble if you invest it. I’d rather use that, look for other source of income especially with your Insurance and use that to save your Father. Investing is quite not an option for me, same thing with gambling what I can suggest is that, have a fund raising and for sure many people are willing to help.

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June 06, 2022, 09:13:44 AM
 #22

~snip~

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.
That's why I prefer to save my father by giving our money to him so that my father can perform surgery in the hospital. I would feel very sad if I didn't help him because my father was very close to me. I am sure that my father will pray for me so that I can find it easy to earn money. Dad's health is more important to me than using the money for investment.
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June 06, 2022, 11:23:59 AM
 #23

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 ? ..

You cannot guarantee to enhance 50 thousand dollars 3 times, but having such an idea of the cryptocurrency market, you are 100% likely to lose the money you need so much. It is impossible to treat the crypto currency market as a casino, there is no guaranteed profit here.

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June 06, 2022, 11:40:11 AM
 #24

Do you, my friend, seriously think that someone will answer you "invest in this and that, and you will certainly save your father's life"? This can only be done by a person without affection who wants to deceive you. You can find a lot of posts about the proposed investments on this forum, but you have to answer the question if you really cannot get the missing amount in another way. By risking this way, you are putting at stake not only money, but also the life of person important to you.

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June 06, 2022, 11:45:27 AM
 #25

Life is far more better than investment after your father's life have been saved, and if he recovers fully maybe he would helped you to get some money to start back your investment journey than to hold it on and loose your father. Common come to take a look at this, if you were the one down or at point of death would you allow your Son to go make an investment and lost your life while you know very well your Son has the money?
Please whatever it takes you please to and attend to his Surgery before thinking of an investments.
Good Luck And I Wish Him Quickly Recovery, Successful Surgery And Sound Health.

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June 06, 2022, 11:52:56 AM
 #26

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.

The dilemma here was he needs to triple the money in able to pay for the surgery cost and not choose whether to pay 50K or invest. If I where the one on this fck up situation, I will not risk anymore the 50K since life is at stake here while investing in crypto is very dangerous. It's very hard to trade the money that badly needed by someone because your decision will always influence by pressure which prone to mistakes however you can invest the money on lending/staking that will provide passive income to help cut the bills while the remaining balance from the surgery will be coming from a loan in the bank.


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June 06, 2022, 12:25:04 PM
 #27

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)


There's no assurance that the bull run will approach soon. And I'm sure you wouldn't risk the funds allocated for your 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.
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June 06, 2022, 12:45:00 PM
 #28

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)


The Cryptocurrency market is highly volatile if it's a life or death I would not even think of investing the money for surgery if you lose, you will regret it for the rest of your life, you know the saying only invest money that you can afford to lose, can you afford to lose money for your surgery, so don't do it, there's another way than risking your father's life, the life of your love ones is not something you gamble in the market.


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June 06, 2022, 01:21:51 PM
 #29

Honestly, it would be a terrible situation to be in such a dilemma. However, I would probably just use the 50k that I already have to pay for the part that I could, and then try to get a loan or something for the other 100k, or even sell some stuff that I own to do it, car, house, even ps4 or clothes if I have to, doesn't matter.

Maybe you may not have possessions that worth 100k, which happens, but it would still be better. Because, if you try to turn your 50k to 150k in order to save your father, and if you fail that, then you could end up with zero, and God forbids if something happens to your father, you will blame yourself. That is not something you would want on your soul. Get loan as high as you can, and sell the things you can.

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June 06, 2022, 01:35:26 PM
 #30

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 ?
is not it better if you are not putting that funds into the big risk by gambling with investing in the token? we didn't know whether the bullrun will come soon or not. It's better if to make it become stable asset or money. So you meant you need to pay the surgery with the profit that already gotten from the profit of your investment. We are in the uncertainty situation and risking your money is not a good decision. Just invest the money that you can afford to lose. You shall never invest such hot money.



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June 06, 2022, 01:37:42 PM
 #31

Never invest this money especially if its intent to use for medical purposes because investing is not guaranteed and you might lose this if you do it carelessly. There's a lot of ways to raise funds nowadays, you just need to take advantage of the technology that we have right now and be more resourceful. In my place, if someone really needed the money, they sell goods and do fund raising, the community is very helpful and supportive with this, try this one as well instead of taking risk with that money.
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June 06, 2022, 01:48:40 PM
 #32

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)

Investing in cryptocurrency is high risk.  Here you cannot guarantee your profit. And you never know when Bitcoin will grow.  If it so happens that after you have invested $50k, it is reduced by 50% Then your money will come down to half.  And then recovering the money will put a lot of pressure on you. Then it will be very difficult for you to provide the rest of the money and you will probably fail to do so.  And in that case your father can be a big problem. So I say, save your money in this time of danger.  And try another way to raise the rest of the money.

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June 06, 2022, 03:01:41 PM
 #33

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'm afraid to say that your faith in bitcoin may not be helpful this time. Bitcoin cannot guarantee us that it will hit its new ATH in just a couple of days, it may even take a year before its price fly to the moon again. So taking the risk to invest your money is not practical at all seeing your father already suffering from a critical condition. Talk to the doctor that will do the surgery and maybe you can ask him some advice about your financial problems. I think he will accept the money you have onhand and gives you more time to prepare the additional amount. That way, your father can undergo surgery first while you are looking for more money to complete the payment. After all, doctors are there to save lives, so they should find ways to make their patients live than to die.

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June 06, 2022, 03:12:53 PM
 #34

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)

Consider having the surgery in a medical tourism location like Thailand or Turkey. Medical care there is cheap and good. Don't put your money in crypto when someone's life is on the line. When you father recovers, then you can put some funds in a POS blockchain like CNDL or NEAR. When the bull market returns he should be able to live comfortably on the staking rewards and enjoy the rest of his life in comfort.
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June 06, 2022, 03:18:29 PM
 #35

It's not the right thing to take this step because crypto is very volatile when the price can go up or down, I don't recommend in the current situation especially if the money is really needed for your father's operation, so look for other, safer alternative ways, but that won't work either profit you faster except crypto but remember in crypto investment the risk is very high you have to do more research before making this decision.

There are many suggestions from other people that investing in crypto is risk, use cold money meaning that money is not urgently used for anything and can be done in the long term.

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June 06, 2022, 03:47:38 PM
 #36

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)


Why would you even think of gambling with someones life? from your post this money is very important to have the surgery done so i don't think it is wise to even think of doing something with the money other than what it was meant for. what happened if you are not able to double or triple the money?

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June 06, 2022, 03:52:15 PM
 #37

I think no matter how much money you have, use it for your father's surgery, you have a chance to find the rest somehow. There is a loan, you borrow from an acquaintance, and you somehow close this difference. If you buy crypto-currency such an important coin, you will panic more when you get stuck, so I do not recommend it. I hope your father gets well again.

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June 06, 2022, 04:32:54 PM
 #38

remember that health is opportunity.
Prioritize emergency ones and then share some for survival. Roi when staking, profit while waiting for a bull market is not a certainty that can be postponed. If there is an investment you can weigh after the priority is implemented.
if you want to invest, try to open
board BOUNTY.

note, if you are familiar with this forum, it means you have the opportunity to get crypto with what you can afford, participating in a new project that is running you will get a reward. Although not everything is sweet, but until now there are still paying.
you can invest Staking, trading or anything in the future from that result.

it's just a suggestion, you know what you should prioritize DWYOR.

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June 06, 2022, 04:36:33 PM
 #39

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)

IMHO, never invest this time. You should not invest the money that is intended to pay your bills or for emergency purposes. Investments have no fixed time to give returns, as you don't hold the assurance if you are going to make profits or end up at a loss. Instead, look for some charity foundations that can help you so you can ask financial assistance that will cater the surgery expenses of your father. And inform the attending doctor about it in case he can offer some recommendations.

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June 06, 2022, 04:40:27 PM
Merited by vapourminer (1)
 #40

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)


That's a nice way to lose that $50k. It is basically gambling what you are describing. If there was a magical safe way to double/triple whatever amount you have, everybody would use that strategy. No risk, no gain. Risk means you can lose your money. If you want to safely triple your money, get a job which pay well. You can't get safer than this. Never ever invest in alts with the dreams of tripling your money. You'll regret it.

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