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.
but this is not your money so who are you to decide? and also does your father really understand crypto? because this is His money and if there is someone who must be making it to invest is Him.
at least you don't wanna be blame once market turns other ways.
Though If this is my money and being in your father shoe? I will definitely invest in Bitcoin not only half of it but instead majority of the funds, because we are now heading to Halving season and the possibility of Bull coming next year is indeed to be happen.
This is something I agree with. Making a decision for the sake of other people's money is not a good idea. You can make suggestions on what he should do with his money, but the final decision must be made by him. If something goes wrong with the money, at least you're not to blame and your conscience is clear, even if he won't blame you. However, I hope he chooses to invest in Bitcoin since I believe it will burst at the right time with very little risk if you buy now.