Post
Topic
Board Bitcoin Discussion
Re: Dad's retirement money is invested in Bitcoin!
by
Japinat
on 18/06/2023, 20:15:00 UTC
I don't know how I make decisions as a boy.  
My father is a military man. He has served in this military sector for 25 years. His term of service is almost at an end. After two months he was going to retire from the job. He will get retirement pension after his service life in the military sector and he has many plans based on this retirement pension.  
His first dream is to build a house with this retirement money. But right now in my country all the materials needed to build a house are very expensive so building a house right now can't be a good decision. And I don't feel safe keeping his pension money in the bank because earlier there was inflation in my country where some banks went bankrupt.
So right now I am not able to give him any proper advice as a boy. But one thing I've been wondering for a few days is if I invest half of my father's retirement allowance in Bitcoin, am I doing something wrong?
I feel like if I invest half the amount in Bitcoin for a year after receiving his retirement allowance, I might be able to hand over more money to my dad at the end of the year.  
Hope I get proper advice from you.

As a boy, you should try not to think about these kind of stuff because first and foremost, it is not for you to think about. Don't take it wrong, I understand that you're just trying to help your own family especially your dad because that money is a present for him from working 25 years straight in the military, now, instead of thinking hard what would be the best thing to do with it. Why not ask your father what he wanted as it is his retirement money in the first place? Aside from the house that he dreamt of course because we all know that it's just a liability especially if the land is not yours or the land is not situated in a place where its figure can go up to 2x to 5x in the next 5 to 10 years.