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Author Topic: Can I save my brother by investing in btc now?  (Read 604 times)
bitzizzix
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July 19, 2023, 08:55:26 PM
 #21

Bitcoin is indeed a very profitable long term investment, and my question is. Is your brother willing to wait long enough to get as profitable from bitcoin as you hope, and aims to cure his illness.
and what you should know is that bitcoin price increases are not easy to predict in the short term, don't expect bitcoin to provide profits in the near future as expected. Although it can provide benefits in the short term, it will not be as big as you hope.

and in my opinion there is nothing wrong with you sacrificing something expensive that you have for your brother's medical expenses, because many people who do that sell their land if they own it, sell their car and even their house just to treat their illness. Because the treasure can be searched again, but if our brother dies it will be lost forever.

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July 19, 2023, 08:56:35 PM
 #22

I come from China,The following is translated by machine ,My brother has leukemia. I have already owed  30,000 US dollars. But my brother still hasn't improved. I finally got the bone marrow last week. The doctor said it would cost about 75,000 US dollars. My total assets are about 3,000 US dollars now. If I want to treat my brother. Is it too late to buy btc now?thank you
If you live in China, you must understand that you have no chance to invest in BTC. China government bans crypto, it is including BTC for sure. If you force yourself to invest in BTC, you will get a trouble with the law if the government knows it. So, it is not a wise decision to invest in something illegal in your country.

Anyway, BTC investment has no guarantee for profits and it is always a high risk investment. If you expect for an exact profit and it should be in the short time holding, BTC isn't the right option. People mostly invest in BTC for a long term holding, but they never set an exact profit although they set a target. Regarding the time for entry (buy), surely it is not too late. We are still in the bearish period, it is always a good time to buy whenever there is a big dump.



>>: https://worldcoin.org/articles/china-crypto-ban


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July 19, 2023, 08:59:46 PM
 #23

sorry,I come from China,The following is translated by machine ,My brother has leukemia. I have already owed  30,000 US dollars. But my brother still hasn't improved. I finally got the bone marrow last week. The doctor said it would cost about 75,000 US dollars. My total assets are about 3,000 US dollars now. If I want to treat my brother. Is it too late to buy btc now?thank you

Just be careful out there and try not to fall victim to any scam that will take away the only $3,000 that you already have.
 
Like others have said above, Bitcoin investment is not what you need right now; what you need is any means of fund raising or getting a loan. If you have tried every means that you can to generate funds through donations and charity from either government support or family and it didn't work, the only option that I think might be helpful for you is a loan, and to get that huge amount of money approved for a loan, you will need something worth it or close to that amount to be used as collateral. Then you can go request a loan from any of your countries's banks.
 
But another thing is that taking a loan without means of repayment is really dangerous, as you could lose your collateral to your borrower if you become a loan defaulter. All you need now is to sit down and look for the best possible option. Your brother's life matters, and I wish him a safe and quick recovery.
 

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July 19, 2023, 09:01:36 PM
 #24

I come from China,The following is translated by machine ,My brother has leukemia. I have already owed  30,000 US dollars. But my brother still hasn't improved. I finally got the bone marrow last week. The doctor said it would cost about 75,000 US dollars. My total assets are about 3,000 US dollars now. If I want to treat my brother. Is it too late to buy btc now?thank you
If you live in China, you must understand that you have no chance to invest in BTC. China government bans crypto, it is including BTC for sure. If you force yourself to invest in BTC, you will get a trouble with the law if the government knows it. So, it is not a wise decision to invest in something illegal in your country.

Anyway, BTC investment has no guarantee for profits and it is always a high risk investment. If you expect for an exact profit and it should be in the short time holding, BTC isn't the right option. People mostly invest in BTC for a long term holding, but they never set an exact profit although they set a target. Regarding the time for entry (buy), surely it is not too late. We are still in the bearish period, it is always a good time to buy whenever there is a big dump.


>>: https://worldcoin.org/articles/china-crypto-ban

Unfortunately, the answer to OP's question is no. Aside from being banned in China,
the guarantee of high profits is not on the table. Should look for other options to find the money.
I think the OP is thinking that he can get at least 10x of his 3k USD if he will invest in btc.
It means, btc going up at least to 90k, which we know is not the case here,
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July 19, 2023, 09:11:23 PM
 #25

sorry,I come from China,The following is translated by machine ,My brother has leukemia. I have already owed  30,000 US dollars. But my brother still hasn't improved. I finally got the bone marrow last week. The doctor said it would cost about 75,000 US dollars. My total assets are about 3,000 US dollars now. If I want to treat my brother. Is it too late to buy btc now?thank you
Investing in bitcoin is not the best solution to your problem. You may end up losing all your funds rather than expecting profits 2x or 3x from your capital. However, find a good business that will help you profit daily but never expect too much as you have to still find other means that will surely help you in your situation, and bitcoin investment is obviously not a good choice this time.

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July 19, 2023, 09:17:53 PM
 #26

The tale of your brother is quite touching and inasmuch I would like for you to have the cash inorder for the transplant to hold, buying BTC with what you have now, with hopes of gaining double the capital, is not plausible. Unless you buy altcoins and trade, still it won't earn up to the $75,000 you require.

To best bet would be to invest in a physical business that offers service, like making deliveries, airBnb, or any other service business that is a daily necessity to everyone.

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July 19, 2023, 09:18:46 PM
 #27

I can understand your deep concern for your brother and the strong affection you hold for him, which is truly commendable. However, in this particular situation involving financial issues, relying on Bitcoin as a solution might not be the wisest course of action, as it lacks any magical powers to instantly resolve the problem. In fact, the volatile nature of Bitcoin means that even an investment of 3000 could potentially decrease to 1500 within a short period.

It's important not to depend solely on the hope of a quick financial fix through Bitcoin, as it is not a guaranteed method for making money rapidly. Instead, I encourage you to explore alternative solutions that could genuinely help your brother in this difficult situation. Consider seeking professional financial advice or looking into other investment options that are more stable and secure. Taking a careful and well-thought-out approach will likely yield better results and provide the support your brother needs.
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July 19, 2023, 09:19:12 PM
 #28

sorry,I come from China,The following is translated by machine ,My brother has leukemia. I have already owed  30,000 US dollars. But my brother still hasn't improved. I finally got the bone marrow last week. The doctor said it would cost about 75,000 US dollars. My total assets are about 3,000 US dollars now. If I want to treat my brother. Is it too late to buy btc now?thank you

Sorry about your brother, but your only option now is to take out a loan or seek assistance from charitable organisations. Don't throw away what little you have left in haste because of your brother's circumstances and expect a large return in a short period of time. You were unaware of what bitcoin comprises and how it works, which is why bitcoin was the first thing that came to mind when considering where to invest your money. Bitcoin will fix your situation, but not in this short period of time when you needed the money the most. I wish you a quick pathway to find solution to your brothers health, family indeed matters always.

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July 19, 2023, 09:27:38 PM
 #29

sorry,I come from China,The following is translated by machine ,My brother has leukemia. I have already owed  30,000 US dollars. But my brother still hasn't improved. I finally got the bone marrow last week. The doctor said it would cost about 75,000 US dollars. My total assets are about 3,000 US dollars now. If I want to treat my brother. Is it too late to buy btc now?thank you

Bitcoin is not a get rich quick scheme. For you to make 75k USD out of your 3k USD you would need the Bitcoin price to go to 25x higher than it is now. Thats 750000 USD/BTC. The chance of that happening within the next 5 years is very low. Perhaps withing 10-15 years, sure. But since your brother's condition is so dire, it seems like he cannot wait that long.

Your best chance at getting 75k USD in a short time is either a loan or a go-fund-me.  In other words, crowdsourcing the money. But you will need to provide proof that you have a brother and that he truly has leukemia and that you do not have the money to pay for his treatment. Without that proof, nobody will send you any money.

As I said, try gofundme.com and provide proofs.
I have heard a lot of good things about gofundme.com. I guess that’s should be your first option as it has already grant a lot of help especially for those who are really in a bad situation. And I think you won’t have any problem with that as I believe you have lots of proofs and maybe medical certificates to support that your brother is struggling to fight leukemia. Taking a loan is good but I don’t think you can avail big loans without any collateral to present, and also when taking a loan, you also need a stable job that will pay your loan.
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July 19, 2023, 09:36:14 PM
 #30

sorry,I come from China,The following is translated by machine ,My brother has leukemia. I have already owed  30,000 US dollars. But my brother still hasn't improved. I finally got the bone marrow last week. The doctor said it would cost about 75,000 US dollars. My total assets are about 3,000 US dollars now. If I want to treat my brother. Is it too late to buy btc now?thank you
So sorry about bro and hope he recovers soon enough but please don't make the mistake most newbie do when trying to invest because they all see bitcoin as some kind of get rich scheme that would fetch them lots of profit over night after investing well for your case its a little bit different as yours would have been categories under desperation and a desperate can do anything thinking the results would be positive and its good you made enquiries before investing because lack of knowledge toward your plan could end up being a dangerous and destructive plan and that would have been the case for you.
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July 19, 2023, 09:37:20 PM
 #31

sorry,I come from China,The following is translated by machine ,My brother has leukemia. I have already owed  30,000 US dollars. But my brother still hasn't improved. I finally got the bone marrow last week. The doctor said it would cost about 75,000 US dollars. My total assets are about 3,000 US dollars now. If I want to treat my brother. Is it too late to buy btc now?thank you
Do not use your money to buy bitcoin, that is not a good decision with your current situation. You could end up losing them all especially if this is your first time to invest in bitcoin. However, if you have the proofs that your brother is battling with his disease, then you can try to ask some foundations that are dealing with leukemia patients and the like. Surely, if not big, at least they can still offer some help. And you can also make use of social media to help you on your problem. A lot are actually doing it, and it’s really amazing how people from different places help one another so they can be able to provide the help that is needed.

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July 19, 2023, 10:15:19 PM
 #32

Thanks so much for your advice, I wouldn't think of btc until there is no way out, China also has organizations similar to the gofundme, We raised $20,000 before the bone marrow pairing, China has a very large population, And countless patients similar to ours every day, You can't raise all the treatment, We went to Beijing for medical treatment, I quit my job to take care of my younger brother, But leukemia is not a free disease in China, Only the types of hypertension can be reimbursed, And they also need to be paid for the insurance by the company every month, My younger brother is only seventeen years old, He is a student, Have not yet, As you have said, I have spoken to my friends and family, All the available channels were tried, $30,000, But they understand me very well, This is an interest-free loan, There are no time constraints available, My parents have a house, But in the countryside of China, Cannot mortgage sufficient funds, And they need a place to live, I own a house myself, Currently in the loan, To want a mortgage, Need two signatures from me and my wife, But my wife does not agree, My wife has asked me for a divorce several times, And I understand her very well, I don't want to say that China is bad, But in China, poor people with leukemia almost equals death, But I was my only younger brother, I grew up with him, He got very good grades, Great chance to get ahead. If I can choose now, I would like to replace my brother with leukemia. The above is all machine translation, considering the expression is not clear, sorry
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July 19, 2023, 10:23:18 PM
 #33

If this is a for real, legitimate post, then I would do one thing and that's find a financial adivsor and or healthcare workers to help you with this situation.  If you don't trust those in China, then you should look elsewhere (perhaps somewhere in Europe)..but the very last thing you should be doing is trying to gamble away money on a singular bet, whether that's bitcoin or Tesla stock.  It's not a wise decision what so ever. 

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July 19, 2023, 10:43:36 PM
 #34

sorry,I come from China,The following is translated by machine ,My brother has leukemia. I have already owed  30,000 US dollars. But my brother still hasn't improved. I finally got the bone marrow last week. The doctor said it would cost about 75,000 US dollars. My total assets are about 3,000 US dollars now. If I want to treat my brother. Is it too late to buy btc now?thank you

First, I pray that your brother will get well soon but I believe that it would be impossible for you to increase your $3000 to $75k in a short span of time just by investing only.  If you have the talent for trading, sure there is a chance for you to raise $75k from $3k capital but if your plan is through holding and selling at a higher price, then it will take you years or even more than a decade to get the $75k target selling price.

It is not too late to buy BTC but you will be disappointed if you don't meet $75k profit with your $3k capital by just buying and holding in just a short span of time.
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July 19, 2023, 10:54:47 PM
 #35

Unfortunately bitcoin is not a miracle asset, it's a long term investment and should be treated such.

If someone needs a lot of money in a short time there are only some ways, bank loan, ask family and friends, something like gofundme (as OP mentioned) and the worst possibility gambling and pray for the best. Obviously the last possibility is not advised since the odds of getting 25x on your investment is so small, it is most likely to lose it all.

I know about life in China and how tough it can be when you are not one of the lucky ones that made it. I have strong ties there and hear the story often.

Nobody here can help you with this, you have to figure it out by yourself and hopefully with the help of your family and friends.

We all wish you the best though, I am sure.

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July 19, 2023, 11:03:53 PM
 #36

I am willing to use my life to guarantee the authenticity
What exactly do you mean use your life? Are you doing bad things? If this is the case, it will never be a good decision. Your brother will be upset if the money you received was obtained illegally. There is always a solution to fix an unsolvable issue in a good way. You can utilize social media in any case to inform them of what happened to your brother. There are many wealthy people in the world, and I believe they have always wished to help. It's true in our country; if there's a problem that requires a lot of money to address, they reach out to people on social media, and I see some comments from individuals who want to help.

That's the best thing you can do especially if you can't get any help with your relatives and friends.

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July 19, 2023, 11:23:58 PM
 #37

Unfortunately bitcoin is not a miracle asset, it's a long term investment and should be treated such.
It can be debatable, whether it is a miracle asset or not. But it is true that investing in Bitcoin isn't an instant way to earn a lot of money. We even wait for 4 years to take profits and not everyone can survive to hold their Bitcoin for years because there are too many FUDs spreading every time. Only people who have strong mentality can succeed in Bitcoin investment.

If someone needs a lot of money in a short time there are only some ways, bank loan, ask family and friends, something like gofundme (as OP mentioned) and the worst possibility gambling and pray for the best. Obviously the last possibility is not advised since the odds of getting 25x on your investment is so small, it is most likely to lose it all.
Get a loan can be one of the solutions, but make sure to get a loan from safe places. But to gamble for expecting big prizes, I'm not sure about this since the chance to win will be always small (below 50%). No problem to try, but don't expect much to get the jackpot/big prizes. Just stop if you are unlikely to earn money from gambling.

Nobody here can help you with this, you have to figure it out by yourself and hopefully with the help of your family and friends.
Actually we can help by providing donation. But we need to ensure that the story is valid first. Then, we need a trusted member who can be the volunteer for collecting the donation. However even if we can make a donation, it won't be easy because China bans crypto. So, it looks like only the people around him who can help him.


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July 20, 2023, 01:40:39 AM
 #38

I am very sorry for the situation your brother is going through and of course also for what you are going through, it is not easy when such a close relative has to experience something as strong as cancer…. but unfortunately if you start investing in bitcoin right now in order to immediately help him financially, you would waste your time, since it could be considered a bit late, the way in which this asset works is not the same as the way you are thinking, because it takes time to give prosperous results and thus increase those assets that you currently have, so you should go looking for an alternative that can increase your money quickly. However, it would not be a bad idea to start investing now with the intention of insuring yourself for the future, so that you can face these events in a better way and not be caught off guard.
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July 20, 2023, 01:47:22 AM
 #39

I wish there was a miracle that happened to your brother so that his illness would be cured and he could regain his strength, but right now you really need money ASAP, which Bitcoin can't provide. It is better to get help from your relatives and also from your government, as they will help you financially with what needs to be done by your brother. Right now, no investment can give you immediate profits.
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July 20, 2023, 02:47:03 AM
 #40

First of all my best wishes to God for your brother for a speedy recovery. As you have some money to spend on your brother's treatment. But if you take a step like investing bitcoins to get a quick profit from that money and treat your brother then it might be wrong. Because you won't get quick profits by investing in Bitcoin, you have to accept that it will take time to make a profit. Since your brother's matter is a matter of life and death, you need to focus on your brother's treatment. And if you think you can invest some of your money in bitcoins and you will benefit from it in the future then you can do it. But you have to take care to treat your brother from the money you have and keep him healthy. If you don't have enough money for treatment now then give normal treatment so that you can earn money in future and pay higher treatment again.

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