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Topic: 1Bitcoin as a gift from someone (Read 16872 times)

jr. member
Activity: 65
Merit: 1
April 20, 2018, 11:12:27 AM
Undoubtedly it would be a perfect gift.
Once I had the experience of buying bitcoin and made good money on it.
I sold my bitcoin at 6200, but now I see that bitcoin needs to be saved in the long run.
full member
Activity: 438
Merit: 100
April 20, 2018, 10:41:44 AM
If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
If I given a chance to have a 1 bitcoin I will use this as a capital on trading so the bitcoin will grow, and I'm going to be very thankful if I had that, and then I will purchase some coin that has a potential and I will hold it for long term so the profit would double or triple depending on the market flows.
newbie
Activity: 98
Merit: 0
April 20, 2018, 10:39:12 AM
If someone give me 1 btc. I will immediately exchange some of it with money, and the rest I will buy some altcoin that have a good future.
full member
Activity: 532
Merit: 101
April 20, 2018, 10:23:48 AM
I really feel happy if anyone give a gift like this because of the exorbitant bitcoin price then I will feel very happy but about selling it if current price is expensive then i will sell it right now but if the price is still not expensive then i will save it until the price match past.
full member
Activity: 845
Merit: 100
April 20, 2018, 10:20:21 AM
I think, I would save it for the future, so it can work and be profitable, whats the purpose of instant withdrawal it... Just to spend money into things?
Yes it is true, keep for a long time and if it reaches 10x from the price we receive then give him 3x fiat of the value he gave is the thing I will do, I am sure that the future of bitcoin will continue to improve.
newbie
Activity: 138
Merit: 0
April 20, 2018, 09:56:27 AM
If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
...If someone will give me 1btc as a gift, I would hold it until its price will increase, then sell it and buy another bitcoin and some altcoins for investment. I believed the price of bitcoin will be more expensive, because it has a limited supply.
full member
Activity: 560
Merit: 100
April 20, 2018, 08:46:28 AM
If I have a friend that give me a 1BTC I don't put it in cash right away I just hold it too long to multiply it and have income or double it so it will be more useful for me if I want it immediately so my 1BTC can be more helpful for me if I hold it for longer.
sr. member
Activity: 1316
Merit: 356
April 20, 2018, 08:45:36 AM
If someone give me one bitcoin, firstly i will say thank you so much for this biggest gift i didn't expect you to do this after that i will keep, wait and hold it until the price go up high that's the time i will sold my coins and convert into fiat money and then i will pay back the gift they given to me. So more coins i will hold more profit i will gain.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
April 20, 2018, 08:31:11 AM
If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?

Considering the time when the question was asked, September 7 2017, the best option for sure would be holding because the price of Bitcoin was $4,500 at the time. But the question is "Holding for how long?". Some people might say that holding until today was a bad decision, because BTC was almost $20k in the mid December, but I think in two years max it will be obvious that selling everything at $20k was a joke.
sr. member
Activity: 406
Merit: 250
April 20, 2018, 08:30:52 AM
I will choose both that sells 0.5 BTC to sell and I change into fiat money then I will use this money to buy the goods I want (because this is a gift) and the remaining 0.5 will be invested and if this investment managed to give me an advantage then I will invite the person who gave me 1 BTC for the holiday together;D Grin Grin

I would honestly invest this 1 bitcoin in several altcoins including ethereum, waves, litecoin, monero, monetha, xem. They can bring me more than 1 bitcoim in return if everything goes well.
member
Activity: 115
Merit: 10
April 20, 2018, 08:16:11 AM
If someone give me a gift and it's 1 btc I will be very happy about it. I will thank him for the gift he gave to me. I'll do to 1 btc I'll sell half of it to convert into cash and the rest half i will hold. When the day comes it will double the price of bitcoin. i will used the money for the needs of my family and I share with others the blessings I receive from others people with a good heart.
newbie
Activity: 77
Merit: 0
April 20, 2018, 08:06:38 AM
I will save the half of it for sure 1 bitcoin was really a blessing so i will use it carefully. Then the half i will use it to make more income invest, trading or business was some of my plans. Well, if someone will really can give that.
full member
Activity: 493
Merit: 100
April 20, 2018, 07:49:08 AM
I will choose both that sells 0.5 BTC to sell and I change into fiat money then I will use this money to buy the goods I want (because this is a gift) and the remaining 0.5 will be invested and if this investment managed to give me an advantage then I will invite the person who gave me 1 BTC for the holiday together;D Grin Grin
newbie
Activity: 109
Merit: 0
April 20, 2018, 07:34:19 AM
Bitcoin is a volatile asset, and that's the fun and the danger of giving it away!

You don't have to give away one BTC, you can give a small part of BTC and surprise people!
member
Activity: 220
Merit: 10
April 20, 2018, 07:24:06 AM
I think, I would save it for the future, so it can work and be profitable, whats the purpose of instant withdrawal it... Just to spend money into things?
full member
Activity: 532
Merit: 100
April 20, 2018, 07:18:07 AM
It depends on my conditions I think,  well when someone give me 1BTC as a gift and at the same time I need money to solve my everything maybe I would sell it right away, doesn't matter how much the price belong to. But if I don't have any problem which is need to solve I think investing is my first choice.
newbie
Activity: 140
Merit: 0
April 20, 2018, 07:13:46 AM
If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?

Keeping in mind, my current financial conditions, I do not need any money urgently. At such, I will keep it invested and let it grow with time.
newbie
Activity: 52
Merit: 0
April 20, 2018, 07:07:55 AM
First of all if you have friends dishing out bitcoins please can you introduce me to them. My friends only take off me never mind give me a bitcoin. On a serious note id say it depends on your current financial situation and also the reason he/she gave it you. If it was a gift with no preconditions and you are in serious need of cash, less a chunk of it. If it was to get you into crypto and you don't need the money, sit on it, forget about it and watch it grow!
full member
Activity: 812
Merit: 100
April 20, 2018, 06:40:10 AM
If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
I will hold the haft of it and the other half I will invest in some investment.  And when I get  profit then I will convert it to cash so I can buy i want and my family needs.
newbie
Activity: 98
Merit: 0
April 20, 2018, 06:34:46 AM
It is also interesting to buy a BTC as a gift for yourself after ten years.

Bitcoin is a great gift, and it will surprise you!
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