What horse would you suggest me?

I’m on a $300 budget, around 5.5 gold bricks. I’m looking for a way to get more gold.

Also I’m looking for a horse which is better than my American saddle horse, I can even get an Arabian horse for $250 somewhere from a horse breeder in the countryside. I know that Arabians make good horses but I’d like to know if they can be hood horses for routes in the wild, even long distances.

I started playing online a couple days ago. So I would appreciate any suggestion from you.