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 ?
There are two huge investment mistakes here:
- Investing not free money, but money that is set aside for some need.
- Increased financial expectations, resulting in higher risk and likely ill-considered decisions when investing or withdrawing.
This behavior sounds more like a roulette game than investing. I do not advise anyone to do so, the outcome of such a scheme, with a probability of 95%, will be sad, partial or complete loss of the deposit.