If you're so into instant gratification, you should spend more for a bigger tree grown to be a bonsai. This is a seedling.
Consider how it would be as a 4 inch tall mini bonsai. That lowest sprig of foliage is your future bonsai. That little peg of a trunk is going to be b o r I n g. It will likely be tough to put much of a bend into it. Maybe you could wrap it with wire and let it bite in which will quickly make it fatter as well as irregular = possibly more interesting. BUT, you need AL lot of foliage go make that happen, so you definitely wouldn't want to chop it yet - not for another year or two. Meanwhile let that little sprig grow and sire it so that it will be an interesting continuation of the trunk you'd be in the process of making.
You say nah, you want to make something bigger = a shogun that is no more than 8 or 9 inches tall. It could be the same game, but you'll likely want a trunk that is an inch to two inches in diameter and that will likely take 3 to 5 more years if you don't do any trunk chopping. OR, you could declare that you have no interest in a possible mini and being able to hedge your bets this way and twist the trunk down into an interesting shape that you will then let grow for for 3 years or so. You could let the wire bite in or not, but you don't want to be chopping anything before then.
As a cascade, the lower trunk will most likely wind up being the feature of the bonsai. IMO, you still need to focus on creating an interesting lower trunk. Even though you've already got the trunk positioned appropriately, you want to thicken the lower trunk, maybe making a jin, maybe not. You figure that out a few years from now.
A literati is about the line of a long thin trunk. As such, the only time one would want to chop is that one wants an abrupt (e.g., right angle) bend that can only be made by adopting a branch as the next trunk section. Otherwise, you want to let the trunk grow, but eliminating all but one terminal bud every season, and wiring in the fall to position the new growth to make the next segment of your trunk line. This produces a trunk with very little taper even though the lower trunk does indeed get a little bit thicker each year. On the other hand, if you keep all the terminal buds, the trunk will thicken much faster. This is what you want to do to create the fat lost trunk with other styles. Once it is as thick as you want, you chop the trunk (sacrifice) and adopt a branch to be the next section of the trunk.
The cool thing about little seedlings like this is that you can play all these games = you first make a literati without closing the door on the other possibilities. Keep this branch just a I've the pot lip and it could always be used to make a cascade.
View attachment 452982 I would keep the others that are inside the red circle. For now I would make something more bendy/twisty, keeping in mind that the tip bud inevitably wants to go up. Then in October, eliminate all but one of the terminal buds. Give it appropriate care to grow, then wire 2023's new growth in Oct23. Repeat 2024 and etc., until you are maintaining your literati creation OR you decide to make something else of it. If you do, you may want to leave all the terminal buds to thicken the lower trunk rapidly over the course of another few years, or just chop it off then to start making your cascade or an informal upright. Further, the trunk will probably still be flexible enough to make into something wild or yamadori-like.
So, go make a literati.