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
Happy to think that dad will sell 10 cows of his farm's choice to pay for my investment and on the other hand a little scared but I am ready to take the risk. Maybe tomorrow I will get the money from selling the cow and tomorrow or the day after tomorrow I will invest the whole money in Bitcoin. Although it is a big risk for me at first, I believe that I will get a good return on this investment.
Well, there are many coins in the cryptocurrency market where there are opportunities to invest, but Bitcoin is the most popular because it is considered safer for your investment. A $7,000 investment is not that big considering the current price of bitcoin, but still, your idea of investing in bitcoin is very good. Of course, the more you invest, the better the return you are likely to get, because investing in Bitcoin with small amounts is unlikely to yield any significant returns.
If you had convinced your father to sell the cow and invest in Bitcoin some time ago, you might have gotten Bitcoin at a very good and low price. However, it's still not too late, and you don't need to panic at all, as Bitcoin is still available at a good price. Risk is present in every business. If your father is in the cow farm business, there can be losses, so don't worry too much about it. Your decision is absolutely right.