Quote from: Issa56 on December 15, 2023, 08:45:24 PM

Quote from: Lidger on December 11, 2023, 06:07:59 PM

I am the only child of my father, father worked hard since childhood to build a cow farm and there are several cows. A few days ago I discussed investing in Bitcoin with my father. At first my father didn't care about this and told me to focus more on my studies. The first time I failed to convince Baba but after several attempts I managed to convince Baba and ask him to sell some cows of his farm to pay for the investment. At first he was not willing to sell cows and pay money, but thinking that several cows will give birth to new baby cows in a few days, he decided to sell 10 bull cows and give me money for bitcoin investment. Since the sizes of the cows are not very big, ten cows can be sold for $7000. I invested a small amount before but I feel like I should increase my investment amount, and my second investment journey is going to start with $7000

Are you serious about this? How will you ask your dad to sell his cow just because you want to invest in bitcoin? That's kind of risky, and I won't advise anyone to ask his dad to sell properties just because you want to invest in bitcoin. You should have just done something and invested your own money. Asking your father to sell cows is not really making sense to me, and seriously, 10 cows is kind of much. I just hope you won't end up regretting the actions you take. What I will recommend is for you to take your time and start learning more about bitcoin and how you are going to secure it. You shouldn't joke with your wallet security because you can easily lose your bitcoin if you are not careful.

Make sure you don't store your bitcoin on exchange, people have been saying it multiple times on the forum here, make sure you get a non custodial wallet, and make sure you properly secure your private key. If you lose your private key, then you are losing your bitcoin, and if anyone has access to your private key, then they can steal your bitcoin without you knowing. Make sure you are very careful, don't make mistakes that will make you regret investing in bitcoin, and if you can lose your bitcoin, then your father will be very disappointed in you.

If you look at his story, it's like his luck as the son of his father. Maybe somehow I'm not sure, but it seems like his father has some idea about Bitcoin. Though, on his first attempt, he was not immediately allowed.

Maybe after that time, his father found out what Bitcoin is, and maybe his father saw that Bitcoin has potential and is popular all over the world, so he didn't think twice about what his son wanted to do. This is just my opinion, and I think that's what happened.