And I would like to know your opinion whether this plan will be successful in the long term and aims to provide additional funds to carry out the long-desired Hajj. My mother is currently 60 years old and wants to perform the Hajj at the age of 70, and my mother also has savings that she has been working on for a long time and also has the same goal and is sometimes used for emergency funds.
And with this I took the initiative to plan this which I will do in stages and my plan is, using $3 a day from my mother's grocery store in 30 days = $90 that I will spend in Bitcoin every month. And I will also increase my purchases when my mother has excess money or unexpected money because that often happens.
And I ask for prayers from the BTT Forum which I respect so that my mother's dream of performing the Hajj can come true.
I hope that any answer that you get here, you sit down and reminisce over it before you come into conclusion.
Do you know that investing in Bitcoin isn't nothing to be guaranteed about? You can sure have profits tomorrow but when exactly so you intend to sell your Bitcoin? When your mum decided to make a walk for hajj, will your Bitcoin be at realize profit or be at realize lost where you can sell some portion and let's her go to the hajj because with this calculation, you don't need investment to send your mum there, $90 a month for the next 3 years will get your mum into since you said she already has some savings waiting so she can joined with these one she's anticipating.
If I am in your position, I will not invest everything into Bitcoin, I will half the monthly money which is going to be like $45 and buy Bitcoin and keep the remaining $45 as savings, if when she is ready and you see that Bitcoin has given you the profit you want, then you can sell and if later you don't see much profit, you can use the savings for the hajj and leave the Bitcoin to recover, that's how you can safely do it without risking your mum hajj for Bitcoin only.