Planning to invest in Bitcoin to perform Hajj.

[Solokan]

gather $3 per day with the aim of buying bitcoin and if you have made a profit from investing in bitcoin then it will be used for the costs of the Hajj pilgrimage I think that is a good thing and of course you have good intentions and in essence you will use the money for positive things .

as you said, gather $3 per day and if you add it up per month it becomes $90, of course this is quite a large amount for additional costs for the Hajj and you will buy bitcoin once a month with that money, of course this is a good thing and the system you use is the DCA system.

considering that your mother is currently 60 years old and plans to go on the Hajj when your mother is 70 years old, of course there is still time to invest and of course by investing in BTC you have the potential to make a profit so I think the strategy you are using is a good strategy. .

But of course you also have to be prepared for the risks posed by BTC because of course investing in BTC is very risky.

Yes, I hope your mother's dream comes true to perform the Hajj and may God give you a long life and health and safety.

[NotATether]

Relying on Bitcoin to go to the moon is not enough. Maybe it has one or two more bull runs in that time frame and that's it.

You're going to have to find a way to acquire more money for Hajj. My suggestion: Do not try to increase the investment ROI. As the ROI increases so does the risk of the investment, and I am talking about things like Nexo, Celcius, etc.

I am not sure how much it's going to cost as there are different packages but I think that if you save at least $1000 in total (so $1000/$3 = for 333 days or almost a year), you will have enough money to go.

[Z_MBFM]

Hajj is a holy thing and every Muslim wishes to perform Hajj at least once in his life. However, Muslims believe that the cost of performing Hajj should be paid only with holy money, so people sell their material possessions and perform Hajj with their hard earned Halal money. Many Islamic scholars say that bitcoin money is not completely halal, while others say that it is halal. But I myself am confused about this.  So I'd say at least it's not a very good idea to save money in bitcoins for Hajj. You invest in Bitcoin and use that money for other purposes but use other money for Hajj

[reagansimms]

Collecting $3 every day regularly to invest in Bitcoin then all the proceeds from that investment will be used to perform the Hajj, that's not a bad idea in my opinion. Performing the Hajj pilgrimage is the desire of most Muslims, but not all of them can fulfill one of the fifth pillars of Islam due to financial limitations. There are several factors to consider before buying Bitcoin every month with an accumulated amount of around $90, now may not be the right time to buy as Bitcoin has just broken a new ATH.

Waiting until the price of Bitcoin falls again might be the best choice to achieve multiple profits in the future, in the meantime, you can continue to collect this money regularly every month to buy Bitcoin at the desired price. May your mother live a long life and her health will always be in the best condition so she can carry out the worship she desires most.

[harapan]

Thank you all, and actually this goal is not only to fulfill my mother's wish to perform the Hajj, but to ensure my mother's old age too.
Everything has been thought through carefully, and the figure of $3 per day has been considered after prioritizing essential needs, and what's more my mother still has extra monthly money from her other children which I think will be fine.
Once again, thank you for your input and prayers, and also pray that what you all hope for can come true.

Its incredibly delightful to support one and other here as forum members,we all share similar opinions and thoughts for our growth and
Development.
Its a good thing to hear that you and your mom have worked so hard all these years to fulfill this and its gradually turning into completion and perfection..
 Its definitely a good idea to support your religion and your mother's dreams of achieving it is just by the corner.I pray her dreams come true to achieve this season's hajj,and may she continue to be enriched with the blessings of performing the hajj with longevity and sound health.

[Outhue]

I have an investment plan for my mother by collecting $3 every day from the results of my mother's business and that $3 is a small portion of my mother's business profits. My mother owned a grocery store and after my father died, I built a grocery store for my mother with the goal of giving my mother something to do at home.
And my mother already knows that I have been involved with Bitcoin for a long time and I have discussed this, and my mother agrees because she knows the benefits and changes that I get from Bitcoin in the long run. And my mother has great hopes that Bitcoin can provide good profits in the long term, she wants to use these profits to perform the Hajj or can be used as extra money which my mother has long planned.

And I would like to know your opinion whether this plan will be successful in the long term and aims to provide additional funds to carry out the long-desired Hajj. My mother is currently 60 years old and wants to perform the Hajj at the age of 70, and my mother also has savings that she has been working on for a long time and also has the same goal and is sometimes used for emergency funds.
And with this I took the initiative to plan this which I will do in stages and my plan is, using $3 a day from my mother's grocery store in 30 days = $90 that I will spend in Bitcoin every month. And I will also increase my purchases when my mother has excess money or unexpected money because that often happens.

And I ask for prayers from the BTT Forum which I respect so that my mother's dream of performing the Hajj can come true.

I don't like this type of questions because it shows how weak you are, what makes you think that hearing peoples opinion will make any difference? I would have jump right into this if I believed that it would work out in the end.

It will make more sense feeding us the news after you've completely done it, not before even starting, some people can even discourage you and the truth about humans is they always feel like they know what's best for you.

They don't even know where they stand, they have doubts and fear, do not let their effects get the best of you, the fact is you don't need anyone's opinion, do it if you believe it will work out for you, people only know how to distract and stop plans, don't let people be the one to push you into anything you don't want to do.

[DabsPoorVersion]

I don't like this type of questions because it shows how weak you are, what makes you think that hearing peoples opinion will make any difference? I would have jump right into this if I believed that it would work out in the end.

It will make more sense feeding us the news after you've completely done it, not before even starting, some people can even discourage you and the truth about humans is they always feel like they know what's best for you.

They don't even know where they stand, they have doubts and fear, do not let their effects get the best of you, the fact is you don't need anyone's opinion, do it if you believe it will work out for you, people only know how to distract and stop plans, don't let people be the one to push you into anything you don't want to do.

It's not being weak, but more like building more confidence in his plans to invest his mother's money. Even if he has experience and knowledge about Bitcoin, the fact that the money to be invested in Bitcoin is coming from the profit earned in his mother's grocery store is not his money. Maybe he is having a mix of emotions about whether his plan will be good for his mother or not.

Though most of the previous posts say that it is good, and he knows that this plan will not be wasted, it is still a good idea to ask for other people's opinions who can also understand this kind of investment. It does not show weakness, it only means that you are open to receiving advice from other people that can help to increase your knowledge and know to yourself that you're not the only one who has this kind of mindset.

[kotajikikox]

Thank you all, and actually this goal is not only to fulfill my mother's wish to perform the Hajj, but to ensure my mother's old age too.
Everything has been thought through carefully, and the figure of $3 per day has been considered after prioritizing essential needs, and what's more my mother still has extra monthly money from her other children which I think will be fine.
Once again, thank you for your input and prayers, and also pray that what you all hope for can come true.

Its incredibly delightful to support one and other here as forum members,we all share similar opinions and thoughts for our growth and
Development.

We share , we earn together and we also lose together lol, but that is market we don't know what awaits us in the next day.

Its a good thing to hear that you and your mom have worked so hard all these years to fulfill this and its gradually turning into completion and perfection..

that is something they should be proud doing together as mother and son , congrats on that.

Its definitely a good idea to support your religion and your mother's dreams of achieving it is just by the corner.I pray her dreams come true to achieve this season's hajj,and may she continue to be enriched with the blessings of performing the hajj with longevity and sound health.

the world is not against us, we can do anything to what we wanted as long as there is no taking advantage from others.

[Bloodseekers]

Hajj is a holy thing and every Muslim wishes to perform Hajj at least once in his life. However, Muslims believe that the cost of performing Hajj should be paid only with holy money, so people sell their material possessions and perform Hajj with their hard earned Halal money. Many Islamic scholars say that bitcoin money is not completely halal, while others say that it is halal. But I myself am confused about this.  So I'd say at least it's not a very good idea to save money in bitcoins for Hajj. You invest in Bitcoin and use that money for other purposes but use other money for Hajj

Performing the Hajj has become the dream of every Muslim and they have to prepare money that can take them to the holy land with money that comes from their hard work so that they can carry out their pilgrimage well and perfectly, as you said there are indeed some people who sell some their wealth to be able to perform the Hajj, but for those who do not have any inheritance, of course they must try as much as possible to be able to complete the Hajj by collecting money in a halal way.

If you are still confused about whether Bitcoin is halal or haram then it would be better for you to follow someone you can trust and who will not make you doubt what you are following.

[leonair]

Hajj is a holy thing and every Muslim wishes to perform Hajj at least once in his life. However, Muslims believe that the cost of performing Hajj should be paid only with holy money, so people sell their material possessions and perform Hajj with their hard earned Halal money. Many Islamic scholars say that bitcoin money is not completely halal, while others say that it is halal. But I myself am confused about this.  So I'd say at least it's not a very good idea to save money in bitcoins for Hajj. You invest in Bitcoin and use that money for other purposes but use other money for Hajj

Performing the Hajj has become the dream of every Muslim and they have to prepare money that can take them to the holy land with money that comes from their hard work so that they can carry out their pilgrimage well and perfectly, as you said there are indeed some people who sell some their wealth to be able to perform the Hajj, but for those who do not have any inheritance, of course they must try as much as possible to be able to complete the Hajj by collecting money in a halal way.

If you are still confused about whether Bitcoin is halal or haram then it would be better for you to follow someone you can trust and who will not make you doubt what you are following.

Bitcoin is an asset. If you invest in anything, its price will fall and rise, there will be a possibility of profit loss. Business Halal business has profit and loss. Different products are used in business but digital currency is used here.  So how is it forbidden?  But since I don't know hadith well, I also can't say with guarantee whether it is halal or haram. But for Hajj I think it would be better to save FIAT money.  In this he will be able to perform Hajj within a certain period.  Because in this case they will know how long they have to save money to manage their entire money

[Bloodseekers]

Performing the Hajj has become the dream of every Muslim and they have to prepare money that can take them to the holy land with money that comes from their hard work so that they can carry out their pilgrimage well and perfectly, as you said there are indeed some people who sell some their wealth to be able to perform the Hajj, but for those who do not have any inheritance, of course they must try as much as possible to be able to complete the Hajj by collecting money in a halal way.

If you are still confused about whether Bitcoin is halal or haram then it would be better for you to follow someone you can trust and who will not make you doubt what you are following.

Bitcoin is an asset. If you invest in anything, its price will fall and rise, there will be a possibility of profit loss. Business Halal business has profit and loss. Different products are used in business but digital currency is used here.  So how is it forbidden?  But since I don't know hadith well, I also can't say with guarantee whether it is halal or haram. But for Hajj I think it would be better to save FIAT money.  In this he will be able to perform Hajj within a certain period.  Because in this case they will know how long they have to save money to manage their entire money

Someone who invests will of course be able to make profits and losses depending on how they run their investment or business and in my opinion both in business as you mentioned and digital currency both need money to be able to run their investments so where is the difference you mentioned?
Yes, you don't really understand it well, of course you should avoid things that are detrimental to yourself and never collect Bitcoins for Hajj and you must manage your money well so you can make Hajj.

[knowngunman]

And I would like to know your opinion whether this plan will be successful in the long term and aims to provide additional funds to carry out the long-desired Hajj. My mother is currently 60 years old and wants to perform the Hajj at the age of 70, and my mother also has savings that she has been working on for a long time and also has the same goal and is sometimes used for emergency funds.
And with this I took the initiative to plan this which I will do in stages and my plan is, using $3 a day from my mother's grocery store in 30 days = $90 that I will spend in Bitcoin every month. And I will also increase my purchases when my mother has excess money or unexpected money because that often happens.

Planning ahead for a journey like Hajj is very important but the problem here is the volatility of Bitcoin. Bitcoin price has not always been stable despite that it has been increasing over the time. The possibility of being more valuable in the next ten years as you plan is somehow high but it is also possible that it might suffer setback during that period of ten years later. I understand the importance of Hajj in Islam but it's not mandatory for the less privilege. You can not just save to embark on the journey and after the journey you become a liability to your relatives. There are other several ways to earn rewards and pleasing the lord without attending Hajj. I wish you accomplish your dream even faster than expected but the reason I am saying this is for you and your mother not to feel too bad in case things don't go as planned. A trip to Hajj is a predestined and I pray your mother is among those destine to perform it in their lifetime.

Can I know what is Haji?

And your account name is MusaMohamed? Is there anything I'm not understanding here? Well, Hajj is one of the five pillars of Islam which mean a trip to Mecca to perform religious activities.

[Nothingtodo]

If Bitcoin is haram according to Islamic Shari'ah then performing Hajj with Bitcoin money will not be halal.  Many have compared Bitcoin to a legitimate business because Bitcoin is considered a legitimate income.  If Bitcoin is a halal income then performing Hajj from the money invested in Bitcoin will not be considered haram.

[amihada]

I have an investment plan for my mother by collecting $3 every day from the results of my mother's business and that $3 is a small portion of my mother's business profits. My mother owned a grocery store and after my father died, I built a grocery store for my mother with the goal of giving my mother something to do at home.
And my mother already knows that I have been involved with Bitcoin for a long time and I have discussed this, and my mother agrees because she knows the benefits and changes that I get from Bitcoin in the long run. And my mother has great hopes that Bitcoin can provide good profits in the long term, she wants to use these profits to perform the Hajj or can be used as extra money which my mother has long planned.

And I would like to know your opinion whether this plan will be successful in the long term and aims to provide additional funds to carry out the long-desired Hajj. My mother is currently 60 years old and wants to perform the Hajj at the age of 70, and my mother also has savings that she has been working on for a long time and also has the same goal and is sometimes used for emergency funds.
And with this I took the initiative to plan this which I will do in stages and my plan is, using $3 a day from my mother's grocery store in 30 days = $90 that I will spend in Bitcoin every month. And I will also increase my purchases when my mother has excess money or unexpected money because that often happens.

And I ask for prayers from the BTT Forum which I respect so that my mother's dream of performing the Hajj can come true.

This is a very noble intention, all Muslims have dreams like you, wanting to make their parents happy. In the Islamic religion, making your parents happy is making it possible for your parents to perform the Hajj pilgrimage, continued my brother, this is a very good intention, our prayers are with you, may all your plans come true, amen.