I see this downward behavior of the Bitcoin market as a good possibility.

[Chinesebaby]

I am a student but besides my studies I have tuition and I also help my father in his business. I have been trying to buy Bitcoin continuously for several months. Since I do not have to buy anything for myself with my tuition money, I try to buy Bitcoin with most of my tuition money, but now that the market has gone down a bit, I am thinking of something a little different. Several cows have been sold from my father's cattle farm this year and my father has a good amount of money at the moment. I have thought that if the Bitcoin market falls below $50,000 or a little below that, I will buy Bitcoin with some of the money from selling my father's cows and hold it for a long time. Looking at the market chart, I have understood that there have been several changes in the market before and those who bought Bitcoin during those changes have made good profits later. I have already had some discussions with my father about Bitcoin and investing, and after getting the green signal from him, I am feeling more confident about investing this way.
Hopefully, this new investment experience will be good for me.

There are rumors that $50,000 per BTC is the least minimum amount that Bitcoin is likely to reach during this bear market that we are currently experiencing right now at the moment. And sometimes this prediction might either be true or wrong, whereby we could see Bitcoin fall even below that projected $50k amount that was said for it. However, now is still the best time to invest in Bitcoin if only you know your dad will not be in urgent need of the money you will be selling those cows. Because if you are not sure, it's better you invest only your money and leave Dad's money alone. Because you never can tell, he might just wake up one morning and ask for his money.

[HelliumZ]

I am a student but besides my studies I have tuition and I also help my father in his business. I have been trying to buy Bitcoin continuously for several months. Since I do not have to buy anything for myself with my tuition money, I try to buy Bitcoin with most of my tuition money, but now that the market has gone down a bit, I am thinking of something a little different. Several cows have been sold from my father's cattle farm this year and my father has a good amount of money at the moment. I have thought that if the Bitcoin market falls below $50,000 or a little below that, I will buy Bitcoin with some of the money from selling my father's cows and hold it for a long time. Looking at the market chart, I have understood that there have been several changes in the market before and those who bought Bitcoin during those changes have made good profits later. I have already had some discussions with my father about Bitcoin and investing, and after getting the green signal from him, I am feeling more confident about investing this way.
Hopefully, this new investment experience will be good for me.

If you want to invest the money you got from selling your father's cow, then you can divide the money you got from selling your father's cow and your tuition money into several parts and invest in Bitcoin, which is currently at $60k. Your argument is good that you will invest when it drops to $50k. Thank you for making the decision to invest in Bitcoin alongside your student. But remember that you have to wait for the right time in the market to invest and it is not always possible to find the right time. So if you have enough money to invest, then you should not miss this opportunity. The market may not reach $50k in the future.

[TokenTikas]

Hopefully, this new investment experience will be good for me.

Actually, It's not bad to think about invest in bitcoin but don't really support using the money your father got from selling his cows for that purpose, when that money may be needed for the family. If you want to invest in bitcoin or others coin then it's better to start with your own/self money, no matter how small the amount is. Personally in my opinion, using your father's money for an investment like this is not the best decision.

[Silverstonez]

I am a student but besides my studies I have tuition and I also help my father in his business. I have been trying to buy Bitcoin continuously for several months. Since I do not have to buy anything for myself with my tuition money, I try to buy Bitcoin with most of my tuition money, but now that the market has gone down a bit, I am thinking of something a little different. Several cows have been sold from my father's cattle farm this year and my father has a good amount of money at the moment. I have thought that if the Bitcoin market falls below $50,000 or a little below that, I will buy Bitcoin with some of the money from selling my father's cows and hold it for a long time. Looking at the market chart, I have understood that there have been several changes in the market before and those who bought Bitcoin during those changes have made good profits later. I have already had some discussions with my father about Bitcoin and investing, and after getting the green signal from him, I am feeling more confident about investing this way.
Hopefully, this new investment experience will be good for me.

As at the time i was making this comment bitcoin price was sitting at $62 plus which i believe is still a perfect entering point. Since you have already talked with your father concerning bitcoin investment and he gave you green light, what is left for you is to purchase bitcoin with money you will make from selling your father's cows.

Ensure that you or your father won't be needing the money anytime soon, if otherwise do not buy the dip with it, instead stick to your regular DCA to avoid selling your bitcoin investment at early stage of accumulation.

[Awaklara]

I have already had some discussions with my father about Bitcoin and investing, and after getting the green signal from him, I am feeling more confident about investing this way.

Since you’re not using your own money, it’s great that you’ve already gotten your father’s approval. But does your father understand the Bitcoin investment plan you intend to carry out with that money? I’ve had a hard time explaining Bitcoin investment plans to my parents, even when I’m using my own money.
You’ve set a buy target, but you might need to consider other factors if that target isn’t met in the near future. But whatever happens, I hope your investment plan goes well.

[dansus021]

In my opinion you should not buying anything with your tuition money because is only use for school only, why? because the market today is very uncertain and still making lower low atleast for couple days.

Second that money from selling cattle are those your money or your father money? If that is your money then I would go to continue DCA and dont go all in at this point because you dont know where the bottom go, if that your father money you should made a discussion before made any purchase

[tbct_mt2]

In my opinion you should not buying anything with your tuition money because is only use for school only, why? because the market today is very uncertain and still making lower low atleast for couple days.

Second that money from selling cattle are those your money or your father money? If that is your money then I would go to continue DCA and dont go all in at this point because you dont know where the bottom go, if that your father money you should made a discussion before made any purchase

I agree with your advice.

Tuition fee should be used only for education purposes and if a person go to school, college or university for learning, it means education is very important with his career future. So it's a priority, and let's use tuition fee for things that can help educational course completes comfortably and well. Investment in Bitcoin contains risk, and there is risk of having loss too, while if it happens only temporarily, it can be stressful and affects both financial status and mentality then affect learning.

Let's finish the course, and using time for learning more about Bitcoin, the market, as preparation for investment with DCA strategy years later.

[HajiBagi]

If I understood this correctly, you want to use your father's money which he earned from the cows he sold to invest in bitcoin. If that is true, did your father know about it?

Using your tuition fee to invest in bitcoin is highly an irresponsible decision.

Also if your father did not know about your plan with his cows money, that is highly irresponsible.

If you read what Op said well you will understand that he mentioned that he get a green signal from his dad and that shows that his dad agree to use some of the money they use to sell cows to buy bitcoin, no one in his right sense will use his dad money to buy bitcoin because that is a very big risk that will make his dad angry with him. According to him he said that he ask his dad about using some money for selling some of cows to buy bitcoin and his dad agree that mean his dad also understand bitcoin and also believe in his son, bitcoin is a very risky investment that you have to understand it because of you don’t understand it you may end up panicking, the only advice i can give him is to not invest much money on bitcoin most especially his dad money because emergency problem can come that they will need money.

[Onyeeze]

You have two things you don't need to sell what you have and the purchase bitcoin for profit making, because you don't know if you purchase bitcoin now the price of Bitcoin will also fall more, so that is why nobody quickly bad Bitcoin by selling what they have to invest in Bitcoin and the hoping to make a profit, if you want to invest in Bitcoin use the money that your have already and you don't really put it into budget so that when bitcoin Falls it will not panic to say the remaining but if you use money for something important in your life and the invest in Bitcoin you will be monitoring bitcoin price and you will be shivering whenever the price of Bitcoin is low

[ZAINmalik75]

If I understood this correctly, you want to use your father's money which he earned from the cows he sold to invest in bitcoin. If that is true, did your father know about it?

Using your tuition fee to invest in bitcoin is highly an irresponsible decision.

Also if your father did not know about your plan with his cows money, that is highly irresponsible.

I think he has mentioned towards the end that he has had this discussion with his father about the Bitcoin investment using the money and the father has given him permission or at least shown a positive attitude towards it which has made him more confident about it. I also think that the money he is using for buying Bitcoin is not specifically the money he is supposed to pay for his education, but it's probably extra money he is getting, or maybe he wanted to right pocket money but wrote tuition money by mistake.

@OP, I would say that as long as you guys can easily afford to make this investment and be able to wait for the the long run to get profits without facing financial challenges and then require the assets to be sold, then it is definitely a great idea because one can obviously make more money through investments than to just keep or even sell animals. I understand that animals can also be great investments and a source of income if managed very well, but there is nothing wrong in diversification.

[Uhwuchukwu53]

I am a student but besides my studies I have tuition and I also help my father in his business. I have been trying to buy Bitcoin continuously for several months. Since I do not have to buy anything for myself with my tuition money, I try to buy Bitcoin with most of my tuition money, but now that the market has gone down a bit, I am thinking of something a little different. Several cows have been sold from my father's cattle farm this year and my father has a good amount of money at the moment. I have thought that if the Bitcoin market falls below $50,000 or a little below that, I will buy Bitcoin with some of the money from selling my father's cows and hold it for a long time. Looking at the market chart, I have understood that there have been several changes in the market before and those who bought Bitcoin during those changes have made good profits later. I have already had some discussions with my father about Bitcoin and investing, and after getting the green signal from him, I am feeling more confident about investing this way.
Hopefully, this new investment experience will be good for me.

This your plans draw my attention on Bitcoin investment, as one can't completely keep targeting low low price drop before venturing into Bitcoin investment, with the look of price dip today it's enough opportunity to venture possibly while targeting that price you would have started with the current price in  buying part by part all the strategy is very important waiting for such drop may be disheartening if the price don't go according to your target it mean the dream of buying or investing will die off. Many today make wrong decision in targeting market dip without venture to the market with the current price they have the capital to do so leaving them with disappointed situation, with your dream of long time no amount of target if buying such dip will give you all you need except you needed very small fraction of Bitcoin because to be able to get Bitcoin it needs gradual accumulating which you need buy at all points using any suitable strategy that fit you.

[freedomgo]

Truly this current downward behavior is a good opportunity to enter the market and increase our purchasing power so we can maximize our bitcoin accumulation. But it also comes with risk management because not all who enter bitcoin are guaranteed successful, some still fall on it most especially those who enter bitcoin with the wrong mindset or wrong decision making.

Bitcoin investment has a lot of potentials to grow and be successful, but don't involved older people on this risky investment. Do not involve your father on your bitcoin investment journey, he might regret it later on and hurt his emotions when he experience the high volatility of bitcoin.

[Dr.Bitcoin_Strange]

OP, I know people usually have different views and also the targets they want to set to achieve from their investment in a certain period of time, it's quite possible or not that Bitcoin might reach $55k+ but that doesn't mean that the price of $61k right now is not a good opportunity, if for example I have like $100k to invest in BTC right now, I can invest with more than 50% while I will hold the remaining balance to see if price can drop to my expected price but even if it doesn't, as I keep observing the price of Bitcoin, I will know the decision to take.

[Odusko]

I am a student but besides my studies I have tuition and I also help my father in his business. I have been trying to buy Bitcoin continuously for several months. Since I do not have to buy anything for myself with my tuition money, I try to buy Bitcoin with most of my tuition money, but now that the market has gone down a bit, I am thinking of something a little different. Several cows have been sold from my father's cattle farm this year and my father has a good amount of money at the moment. I have thought that if the Bitcoin market falls below $50,000 or a little below that, I will buy Bitcoin with some of the money from selling my father's cows and hold it for a long time. Looking at the market chart, I have understood that there have been several changes in the market before and those who bought Bitcoin during those changes have made good profits later. I have already had some discussions with my father about Bitcoin and investing, and after getting the green signal from him, I am feeling more confident about investing this way.
Hopefully, this new investment experience will be good for me.

Since you have studied and understand the chart over the time, and you are convinced that you and your dad have some spare money you can afford to locked in on Bitcoin for a long time, is very important to take note of Bitcoin best entry points, like when there is a market decline like this time, it's your most favored market benchmark that offers a lot of discounts which may not come around again for very long time. Taking advantage of the current Bitcoin price will definitely put your dad in a very good long term investment in Bitcoin as a medium of diversification from his original business.

[Fivestar4everMVP]

OP, I know people usually have different views and also the targets they want to set to achieve from their investment in a certain period of time, it's quite possible or not that Bitcoin might reach $55k+ but that doesn't mean that the price of $61k right now is not a good opportunity, if for example I have like $100k to invest in BTC right now, I can invest with more than 50% while I will hold the remaining balance to see if price can drop to my expected price but even if it doesn't, as I keep observing the price of Bitcoin, I will know the decision to take.

My kind of person even lacks patience for such when investing with the mindset that it's for the long term and not just some short term profit, I buy one hundred percent at what ever find i see and I am comfortable with it, like for example, the price of bitcoin is currently at $61k, if I have $100k to invest in bitcoin right now for the long term, I would use the entire $100k to buy bitcoin at this very moment and I don't care what the market does after, my target is my goal and not the present ups and downs of the crypto asset.

Why?
1. It's because I am a very busy person and may not have the time to keep constant watch on the price of bitcoin to know when it drops lower than the price I first bought so I can buy the second batch.
2. Several times, I've experienced a situation where I buy an asset at a particular price with half of the money i intended to spend on the asset, waiting for the price to drop so I can buy more, then the price end up increasing significantly and in a bid to not be left out, I fomo in and end up buying the second batch at a higher price.
And the most annoying part is that some times, in few days or weeks time, the price could end up still dropping to that lower prices I initially waited for.
So to avoid such experiences, I simply buy 100 percent at any price I am comfortable with and move on to the next important thing instead of keeping watch on the movement of price of bitcoin.

[Patikno]

I am a student but besides my studies I have tuition and I also help my father in his business. I have been trying to buy Bitcoin continuously for several months. Since I do not have to buy anything for myself with my tuition money, I try to buy Bitcoin with most of my tuition money, but now that the market has gone down a bit, I am thinking of something a little different. Several cows have been sold from my father's cattle farm this year and my father has a good amount of money at the moment. I have thought that if the Bitcoin market falls below $50,000 or a little below that, I will buy Bitcoin with some of the money from selling my father's cows and hold it for a long time. Looking at the market chart, I have understood that there have been several changes in the market before and those who bought Bitcoin during those changes have made good profits later. I have already had some discussions with my father about Bitcoin and investing, and after getting the green signal from him, I am feeling more confident about investing this way.
Hopefully, this new investment experience will be good for me.

I think you understand Bitcoin well enough, that you are not worried about its price dropping, and instead, you will buy more Bitcoin when the price drops further. From this, I am sure you will be very profitable in the long run, and you will reap the rewards of your patience.

Essentially, investing in Bitcoin is very easy. You just need to buy and patiently wait for the price to rise, and you don't need to panic when the price drops. Bitcoin price increase will be largely driven by its massive adoption, and Bitcoin will become increasingly scarce over time. So, I believe you will be one of the many lucky people in the coming years, having successfully capitalized on Bitcoin decline by buying at a low price.

Therefore, continue to make installments to buy Bitcoin with the strategy you have, or maybe you are using the DCA (Dollar Cost Averaging) strategy, right? We may not be able to find this rare moment again in the next few years, it could be, that Bitcoin will never return to its current price, and will continue to be far above it.

[Hamza2424]

I am a student but besides my studies I have tuition and I also help my father in his business. I have been trying to buy Bitcoin continuously for several months. Since I do not have to buy anything for myself with my tuition money, I try to buy Bitcoin with most of my tuition money, but now that the market has gone down a bit, I am thinking of something a little different. Several cows have been sold from my father's cattle farm this year and my father has a good amount of money at the moment.

I thought you were taking tuitions but it seems like you are a teacher. Well bro, I have many friends who are tutoring and making money, but I never had anyone who could manage to use that money to buy Bitcoin because it was never that much.

Your gesture is kind and I don't know how this deal is going to work for both of you at the end of the day, but you should not take his money just because you believe in this. But if you think you both could take the hit then do it and don't let anyone stop you from doing it, because a lot will say it is risky. But the easiest thing you could do is tell everything about Bitcoin to your father. Once he knows about the risk he will eventually give you the green light because he does business and they are always hunting opportunities even if there is risk.

[Dave1]

I am a student but besides my studies I have tuition and I also help my father in his business. I have been trying to buy Bitcoin continuously for several months. Since I do not have to buy anything for myself with my tuition money, I try to buy Bitcoin with most of my tuition money, but now that the market has gone down a bit, I am thinking of something a little different. Several cows have been sold from my father's cattle farm this year and my father has a good amount of money at the moment. I have thought that if the Bitcoin market falls below $50,000 or a little below that, I will buy Bitcoin with some of the money from selling my father's cows and hold it for a long time. Looking at the market chart, I have understood that there have been several changes in the market before and those who bought Bitcoin during those changes have made good profits later. I have already had some discussions with my father about Bitcoin and investing, and after getting the green signal from him, I am feeling more confident about investing this way.
Hopefully, this new investment experience will be good for me.

Do you understand the risk though? At one point in time, I have several cattles too, way before I learn Bitcoin. But in any case, if I still have my cattles and then already in Bitcoin, I will sell my cattles but wouldn't invest on Bitcoin. It's not that it's a bad decision, but I can used the money that I have earn from selling my cattles and buy things for my farm for the next harvest, like crops, rice and others.

In any case this is not a financial advise. But this is what I'm going to do as again, I was once own a small hectare of farm and I have a lot of farm animals like cattles. I sold everything though because of personal reasons if others might want to ask. Just continue to study though, that will be the best investment that you will have in life.

[As-Soon-As]

Looking at the market chart, I have understood that there have been several changes in the market before and those who bought Bitcoin during those changes have made good profits later. I have already had some discussions with my father about Bitcoin and investing, and after getting the green signal from him, I am feeling more confident about investing this way.
Hopefully, this new investment experience will be good for me.

You have taken this good opportunity to buy Bitcoin, but if you buy Bitcoin, then you can definitely buy Bitcoin step by step. If you follow a few steps, then you can create the possibility of buying Bitcoin at the present time as the first step. If you buy Bitcoin at this time, you can add it to your portfolio and later if the price of Bitcoin is dumping, you can take the opportunity to buy again.
Therefore, if you buy Bitcoin in this way in several steps, then you will definitely have the best plan, so now is not the time to wait, but it is time to buy Bitcoin and add it to your portfolio.

[PX-Z]

Only those who wants to buy and stack more is considered to benefit this kind of market movement. While those who held and bought higher price will be the one who will keep holding till it reaches their buy order price then sell for profit. Unless, they dump their holdings for the reason it might continue to go down and buy back again to recover. That's how the common users will trade and hold now.