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Author Topic: Can I save my brother by investing in btc now?  (Read 604 times)
Rengga Jati
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July 20, 2023, 09:33:35 PM
 #81

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 of all, sorry to hear your brother condition, hopefully all good things will be for him.
You mean use that money to buy Bitcoin, then invest it and hope to get $75k for treatment of your brother?
Is that right?
Your money is $ 30k or 3k?
If so, then this is a very risky thing. Not only that, if you want to turn your $3k to $75k, it will be very difficult. What's more, the bullish era is still around 1-2 years away, is that enough time? And if you want to invest, then maybe it can only go up a few, hard to be $ 75k. If it's $30k, then it's still possible because you can buy 1BTC and wait for it to reach $75k. But are you not in a hurry for the money? And are you ready for the various risks of investing in Bitcoin? It's possible but high risk. Hopefully you can find another way out that is even better and hopefully your brother will be in good condition as long as the investment lasts if it turns out you do.

R


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July 20, 2023, 09:35:02 PM
 #82

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
I would say if this is your plan to actually safe your brother then I think its a very bad plan because a bitcoin investment is not actually a get rich scheme where you are promised high returns in a short period of time, bitcoin investment involves patience and strategy because the price of bitcoin needs time  to grow from the actual original price you bought the bitcoin as at that time and if the price fluctuate then your capital would also be affected. So I would advice you to go for other alternative.

R


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Blitzboy
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July 20, 2023, 09:36:20 PM
 #83

Your brother's troubles break my heart. These times placed everything in its place. Ive been in crypto for a while, and investing your final money into Bitcoin in hopes of a high return is a bad idea. Bitcoin isnt a method to get rich fast, and you're crazy to expect your $3,000 will turn into $75,000 in the time you have.

Instead, choose more reliable and fast money-making methods. Crowdfunding or local charities may help. You're not alone. Ask your community for help, you might be surprised by the support you find.

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July 20, 2023, 09:39:07 PM
 #84

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 of all, sorry to hear your brother condition, hopefully all good things will be for him.
You mean use that money to buy Bitcoin, then invest it and hope to get $75k for treatment of your brother?
Is that right?
Your money is $ 30k or 3k?

If @OP is not mistaken and created a typo error then it is $3k, and we all know it is quite too much of a goal to get $75k  for a short span of time. Though maybe @OP can ask for the government social welfare office for help if he is unable to collect the fund when the treatment date comes.  I believe there are government office that help such kind of individual and there are also charity office that are eager to help with the situation.

If so, then this is a very risky thing. Not only that, if you want to turn your $3k to $75k, it will be very difficult. What's more, the bullish era is still around 1-2 years away, is that enough time? And if you want to invest, then maybe it can only go up a few, hard to be $ 75k. If it's $30k, then it's still possible because you can buy 1BTC and wait for it to reach $75k. But are you not in a hurry for the money? And are you ready for the various risks of investing in Bitcoin? It's possible but high risk. Hopefully you can find another way out that is even better and hopefully your brother will be in good condition as long as the investment lasts if it turns out you do.

Yeah it is really very difficult but for buying BTC I believe it is not late to buy and hodl it until its price goes up.  For his brother's treatment, as I stated he can ask the government for the financial assistance.
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July 20, 2023, 11:49:58 PM
 #85

Seek for help, you can open a tik tok account or other social media platform that are like TikTok, I said this because j heard it's banned in China, maybe not anymore? Upload your current situation and that of your brother, with video and proof, seek help from those streaming your video, open a gofundme account or other, you will get a lot of helper responding to your problem, I can be one of them, if you can provide prove that this is really happening to you, don't be shy about it, this could be a good way to save your brothers life, I have seen few people doing this online, especially on TiK ToK and they get help.

Forget Bitcoin for now and take my advice, Bitcoin is a long term investment plan and I don't want to see you lose your brother.
right, in essence Bitcoin is not an investment that can make us rich quick or multiple profits overnight. i think the OP just don't wasting time hoping for Bitcoin right now to help with the medical expenses of OP's brother.
the suggestion from KiaKia is a good idea and there's no harm in trying it, i think the application name is Douyin app, a platform that is often used for live streaming in China like TikTok.
i was also thinking the same thing why not just do a live stream to collect donations, because mostly i see Chinese people live streaming right? even that can provide the same income as work.
there's no harm in trying this, maybe it can help a little more or maybe it can be a good way to earn money and can help with the treatment of OP's brother.
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July 20, 2023, 11:52:00 PM
 #86

As much as we want to say yes so that you'll have a deep sigh of relief but, we're not going to fool you. This isn't like what you're thinking about Bitcoin and we're just being true here.

There must be enough time for your capital to grow with bitcoin and with the case of your brother that needs immediate treatment, he can no longer wait until that investment will be ripened.

Seek financial assistance in your government or non government charities for you to address this problem that you and your brother dealing with.

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July 20, 2023, 11:57:51 PM
 #87

If I want to treat my brother. Is it too late to buy btc now?thank you
I just want to say sorry. I know that you should have by now gotten a response to your question. I wish your brother a safe health. You can still invest some money in Bitcoin when the storm is over for you so that over time it will grow and when I emergency like that this ever happens, you will have a emergency fund /savings I'm place. Other ways to help your brother is to seek for donations from charity organizations whose aim is health, and any leukemia fighting NGO... They should be able to make some financial support to your brother.

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July 21, 2023, 12:11:09 AM
 #88



There must be enough time for your capital to grow with bitcoin and with the case of your brother that needs immediate treatment, he can no longer wait until that investment will be ripened.


From $3k to $75k, that means he needs bitcoin to increase 25 times from now, when bitcoin hits $750k, he will have enough money to pay for his brother's treatment. That is not possible even if he invests now and waits for bitcoin for years, let alone in the short term. Obviously, this is not a viable option for him. Moreover, using emergency money to invest in bitcoin is not a good option as bitcoin is not a get rich without risk scheme.


OP, I understand the difficulty you are having, but bitcoin or cryptocurrency is not the solution for you. You should follow many of the advice here, look to charities from your country or internationally, that's what you should do.

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July 21, 2023, 12:11:46 AM
 #89

I think health is wealth, why not look for an alternative to take good care of your brother than just wanting to invest the money into bitcoin, this directly shows that you don't really care about your brothers health rather you think of using the little money you had to make investment while your brother's life is at stake. I won't want to go more deeper as I believe there are lot people who had already given their points on why you shouldn't invest in bitcoin rather think of your brothers health.

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July 21, 2023, 03:22:48 AM
Merited by fillippone (1)
 #90

you have a capital of $ 3000 and the medical expenses of your sick brother are $ 75000 in my opinion it is difficult if you invest btc with a capital of $ 3000 to get big profits until your money becomes $ 75000 in the near future unless you invest in the long term then your money in the future will potentially be $ 75,000 but of course you have to invest for a very long time, while your sick brother certainly needs help as soon as possible, so I think you should look for a business with the capital you hold and don't invest in btc first because investing in btc won't make you rich overnight with capital of $ 3000 unless there is a miracle.

but the decision is yours and I wish your brother a speedy recovery.

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July 21, 2023, 10:59:02 AM
 #91

I'm sorry for your brother's situation. In my country, people usually can't afford cancer treatment, so they crowdfund it in social media and try to find help of charities as well. Sometimes it's also easier to find a different country where cancer treatment is more affordable.
I agree with others that getting from $3k to $75k with Bitcoin is unfortunately very unlikely. Perhaps that can happen over a couple of decades, but cancer treatment isn't something that can wait that long and rely on something as volatile as Bitcoin price.
This is such a sad story and can't believe that there are still nations like this, I thought China was a communist country, isn't that mean healthcare should be free too? Why is it costing 75k dollars?

In my nation, even though we are not even communist, the healthcare situation is handled, we pay about 6.5% of our salary into a pool, and that makes healthcare free, it's governments budget situation after that, if people got sick way too much that year and cost a lot, that means they are going to be down, but they could just print money and increase the inflation because of that and continue, yes it sucks and yes economy is fubar right now, but that doesn't mean we should let people die when they do not have, that's not an alternative, I rather live in a poor nation where everyone has free healthcare over a rich nation where people die when they do not have money.

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July 21, 2023, 11:42:43 AM
 #92

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
You may have made such a decision out of a misconception. Because if you invest 3000 dollars in Bitcoin, you will not be able to make it 75000 dollars in a short period of time. So you have to get out of this mindset. Also I think as per your current situation it is not good for investment. If you lose your money after investing you will fall in disaster. So I would personally say proper planning should be done without encouraging any kind of investment. Since you need lot of money I think it is better to arrange it in some other way especially not by investing in any risky platform.

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July 21, 2023, 01:44:32 PM
 #93

you have a capital of $ 3000 and the medical expenses of your sick brother are $ 75000 in my opinion it is difficult if you invest btc with a capital of $ 3000 to get big profits until your money becomes $ 75000 in the near future unless you invest in the long term then your money in the future will potentially be $ 75,000 but of course you have to invest for a very long time, while your sick brother certainly needs help as soon as possible, so I think you should look for a business with the capital you hold and don't invest in btc first because investing in btc won't make you rich overnight with capital of $ 3000 unless there is a miracle.

but the decision is yours and I wish your brother a speedy recovery.
As much as that's really a "fair amount" of money it is for the OP, I wouldn't think of BTC for now when it comes to finding ways to grow that capital up. We all know that BTC is for the long-term and OP's sick brother needs an urgent assistance.

It's not difficult, it's impossible. I feel sorry for the OP's brother.

@OP, Loaning would be the best possible way for you in this situation. Sorry to say, but Bitcoin is not just going to cut it in your situation.
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July 21, 2023, 02:13:14 PM
 #94

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
It's not too late to invest in bitcoin, but you shouldn't take a chance on losing a life by risking it on a volatile asset in the hopes that it would help you raise the $75k needed to pay the doctor to treat your brother's illness(leukemia). 

I understand that you want to do everything in your power to raise $45k to add to the $30k you already have to make up the $75k, but putting the last $30k you owe into bitcoin at this moment, when you urgently need cash to save your brother's life, is not the greatest course of action.

My advice to you is that, Instead of investing in bitcoin now that you don't know the outcome of the cryptocurrency market this year, it is preferable to sell some of your assets to increase the money you already have.

R


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July 21, 2023, 02:20:31 PM
 #95

I'm sorry for your brother's situation. In my country, people usually can't afford cancer treatment, so they crowdfund it in social media and try to find help of charities as well. Sometimes it's also easier to find a different country where cancer treatment is more affordable.
I agree with others that getting from $3k to $75k with Bitcoin is unfortunately very unlikely. Perhaps that can happen over a couple of decades, but cancer treatment isn't something that can wait that long and rely on something as volatile as Bitcoin price.
This is such a sad story and can't believe that there are still nations like this, I thought China was a communist country, isn't that mean healthcare should be free too? Why is it costing 75k dollars?

In my nation, even though we are not even communist, the healthcare situation is handled, we pay about 6.5% of our salary into a pool, and that makes healthcare free, it's governments budget situation after that, if people got sick way too much that year and cost a lot, that means they are going to be down, but they could just print money and increase the inflation because of that and continue, yes it sucks and yes economy is fubar right now, but that doesn't mean we should let people die when they do not have, that's not an alternative, I rather live in a poor nation where everyone has free healthcare over a rich nation where people die when they do not have money.

I don't know about China but I also have some friends from 3rd world countries. According to what they say, treatment must first have money, without money, no hospital will accept and treat. That means you will die without money. This is common in poor countries and has nothing to do with whether the country's regime is communist or capitalist, but strangely, China is not a poor country.

Although they are not completely free of hospital fees, they can still use insurance to reduce most of the costs of surgery and treatment. OP's brother's medical expenses are very high, but I don't see him mentioning it as pre-insurance or post-insurance costs.

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July 21, 2023, 02:38:16 PM
 #96

I'm really sorry to hear about that, but your investment of $3,000 in Bitcoin can earn you $75,000 only if the price of Bitcoin magically goes up 25 folds in the upcoming bull run, we can't say that it's impossible but it does seem not possible to the eye or with technical analysis and stuff, but since it is not easily achievable and there is no guarantee of that happening, you shouldn't rely on this source for earning enough money to treat your brother and save his life.

As suggested by others as well, the only way you can get that much money is either by raising funds or taking a loan, and for raising funds, you will need to represent the case with transparency so that those who donate know what exactly is the problem and that it isn't a lie, and for a loan you will need some heavy collateral.

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July 21, 2023, 02:48:30 PM
 #97

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 of all I wish you and your brother all the best! Second, what you're thinking to do won't work. With $3k you can buy 0.1 BTC right now, that means you need BTC to reach a value of $750.000 per single coin in order to get $75.000 out of your 0.1 BTC, those numbers are just too high. Maybe, I say maybe, during the next bull run we may see BTC around $150.000 but that is still 5 times lower than what you need to get.

And please, just beware of all the scammers that now may contact you in private telling you they have the solution and they know how to make 5% per day, don't even reply to their messages.

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July 21, 2023, 03:02:20 PM
 #98

I think health is wealth, why not look for an alternative to take good care of your brother than just wanting to invest the money into bitcoin, this directly shows that you don't really care about your brothers health rather you think of using the little money you had to make investment while your brother's life is at stake. I won't want to go more deeper as I believe there are lot people who had already given their points on why you shouldn't invest in bitcoin rather think of your brothers health.

I think you've misinterpret OP's intention, he's planning to invest those $3k he had in order to earn profit for his brother health care. It's true that health is wealth that's why he needed some money to provide the needs for his brother. I don't know this parts "this directly shows that you don't really care about your brothers health" just show how fast you can judge someone. I mean you could already tell that OP's trying to find some way to achieve the money he needs which is probably impossible to attain in just few days plus the fact that you can't be sure with the chance of profit in investing in crypto since it's volatile. I think it's unnecessary to say something like that especially to sensitive topics.

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July 21, 2023, 03:02:50 PM
 #99

Ops at this point, bitcoin is not the best solution to your problem because investing in bitcoin is considered a high-risk investment and at that, no one knows the direction the price of bitcoin will go next, so it is unwise to buy bitcoin to salvage your situation and if care is not taken things may get worst for you and your brother.
If you want to treat your brother,  then you have to face it as your priority and after then when you have the spear money to buy bitcoin and hold for the long term then it ok by then.

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SamReomo
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July 21, 2023, 03:06:57 PM
 #100

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

I'm sorry for your brother, and I wish that his health gets better very soon, but I should say that you won't be able to turn $3000 dollars into $75k dollars by investing in Bitcoin. I won't say that you're late in buying Bitcoin because its price can go very high in future, but for treatment of your brother's health the Bitcoin won't be helpful at all.

I recommend you to find an alternative way to treat your brother either by getting donations from online sites where generous people try to donate part of their wealth to support the needy ones or you can sell out your properties if you have any to get some money to support your brother in his condition.

I think that in many countries government allows to pay back the medical expenses of the ones who have any position in that government, and if your brother is in government or you have made any health insurance then you can get some of the money that spent during the treatment of your brother.

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