1Bitcoin as a gift from someone - page 49.

imstillthebest

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Quote from: Glorious04 on September 07, 2017, 05:03:02 PM

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 guess i withdraw the half amount to start a small yet effective business like internet caffe so that i can manage my business while still working on this forum. the other half would be holding or gamble some and trade it for fun because idont usaully so these to and i find it fun to risk some btc for posible profit.

joganuts

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Quote from: BCTBF on September 07, 2017, 05:31:11 PM

Quote from: Glorious04 on September 07, 2017, 05:03:02 PM

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?

for me 1 bitcoin is a very large amount and if I receive a one bitcoin gift from someone very unexpectedly, I will immediately sell half of it and half of it will I use for other purposes in crypto like investing and trading for example. but it would not be possible, seeing the very high bitcoin prices I think people not will give 1 bitcoin easily.

Indeed, we could not hide the fact that bitcoin has a bug value for now. But, in terms of a gift we cod still give people an amount of bitcoin for them to experience the potential of bitcoin to develop and grow. They could also earn by investments, trading or transaction that could somehow give them an opportunity to earn 1 bitcoin in the future.

tiptopgemdotcom

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Quote from: logicgate on September 20, 2017, 04:59:26 PM

Quote from: d4z on September 19, 2017, 10:42:13 AM

If you don't need it right now, just keep it. I wouldn't invest or convert it into anything else. The price, even if it's not a certainty, will still go up. That is your investment itself :-D

Yeah I will too keep it myself as an investment along with my other bitcoins. I will neither try to trade it or use it for buying anything till I have enough bitcoins to make money by trading or by selling my products, designs, projects and ideas for bitcoins online.

What about making smart decisions and dividing your investment for new ICO/projects? Holding bitcoins are safe and good investment but your investment will grow slowly over time.

logicgate

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Quote from: d4z on September 19, 2017, 10:42:13 AM

If you don't need it right now, just keep it. I wouldn't invest or convert it into anything else. The price, even if it's not a certainty, will still go up. That is your investment itself :-D

Yeah I will too keep it myself as an investment along with my other bitcoins. I will neither try to trade it or use it for buying anything till I have enough bitcoins to make money by trading or by selling my products, designs, projects and ideas for bitcoins online.

jak3

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no way if I get 1BTC I am not gonna risk any second of it I will buy a useful asset as soon as possible which can yield me some profit by the passing time.it will be like a passive earning but unpredictable`. but on the second thoughts I can try to put that money into some trading business as that is what taking risks is all about it can make me thousands of dollars if I got lucky and I can lose some if I played it badly but if I lost some then all I have to do is wait till I get back the full amount.

ngacengan

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Quote from: Glorious04 on September 07, 2017, 05:03:02 PM

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 anyone does that then I'll use the bitcoin as well as I can, for example I'll plant some altcoin assets from the bitcoin that's shared for the future.

BitcoinPC

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Quote from: johanesrobin on September 19, 2017, 07:38:25 PM

Quote from: ?? on ??

Quote from: Glorious04 on September 07, 2017, 05:03:02 PM

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 needed it really , maybe I will sell half and invest some, so atleast I haved used the gift and also will earn in it.

If the prize is 10 BTC is very meaningful, but if too small may immediately sell it.
there is no other way but to sell it, there is no reason to hold it.
because it is free, just enjoy it. Grin

I'd like to hold half of it and half of it will use for trade. Because i can earn more profit with trading. Anyways its a large amount for me and other. I don't think nobody's ready for sending this large amount as a gift. This is like gift a 660 CC car to anyone and you know no one is so generous these day.

Soranith

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Quote from: Glorious04 on September 07, 2017, 05:03:02 PM

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 1 bitcoin I will invest half of it and keep 1/4 and then cash out the rest. 1 bitcoin in my country is very big its 1/4 of million is its going to be a big help if someone will give me that kind of amount.

Jake052478

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Quote from: Glorious04 on September 07, 2017, 05:03:02 PM

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?

Rich people always wanted to double their investment or what they have. Poor people always think what they wanted to have... and get ready to spend it... For me, to be rich, i have to think like rich people do... so i would love to invest it to double it... it is a make or breaks... life is a gamble... No guts no glory...

cramcram21

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Quote from: Glorious04 on September 07, 2017, 05:03:02 PM

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 anyone would give me 1 Bitcoin as a gift I think maybe I would convert the half to Fiat to cash out and the half to hold,
I really think that it is a huge amount of money to be given by a random person.

Tubig

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Quote from: Glorious04 on September 07, 2017, 05:03:02 PM

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 needed it really , maybe I will sell half and invest some, so atleast I haved used the gift and also will earn in it.

johanesrobin

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Quote from: ?? on ??

Quote from: Glorious04 on September 07, 2017, 05:03:02 PM

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 needed it really , maybe I will sell half and invest some, so atleast I haved used the gift and also will earn in it.

If the prize is 10 BTC is very meaningful, but if too small may immediately sell it.
there is no other way but to sell it, there is no reason to hold it.
because it is free, just enjoy it. Grin

SvenBomvolen

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As a bitcoin fan of course I would love to get 1 Bitcoin as present from someone, I would accept even two actually Wink

I know that bitcoin will raise more than 5000$ and I believe in that, so, I would hold such present till bitcoin price would not raise to 10000$ as minimum!

coupable

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Two years ago i received 1.35 BTC as a gift from a friend who mined them in 2012 and it was a surprise for me receiving that big amount. i cashed 01 BTC out immediately and hold the rest till last year when i bought ethereum as a big oppurtinity. Now if i receive the same amount again i will surely hold it for may be years.. In few years from now, and as the bitcoin is still continuing it's progress in prosperity, every satoshi should have a great value. So do never cash out your bitcoin balance

llyfee4u

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Quote from: Glorious04 on September 07, 2017, 05:03:02 PM

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?

Although this highly highly unlikely to happen. But hypothetically speaking, if it did happen, there is no way i would cash it out. Actually having 1BTC is a major milestone IMHO, many have been toiling for years (myself included) to just about collect 1 whole bitcoin but it hasn't happened for various reasons. The rate of bitcoin even at this moment is quite tempting to sell, but i think in the long run, it will rise even further therefore, I would most definitely hang on to the bitcoin as though my life depended on it lol. My only other consideration would be to possibly use 10-15% to trade alt coins in an attempt to increase my holding of bitcoin or alt coins.

vervainagospoda

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Well that happened to me once. I took 0.3 for myself and invested the rest

ayeshajum07

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1 Bitcoin was too generous to give as a gift. If ever I would received that. I save it and wait till it reach to my desire value.

Even a small portion of bitcoin would be highly appreciated when received from someone.

CarnagexD

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Quote from: BCTBF on September 07, 2017, 05:31:11 PM

Quote from: Glorious04 on September 07, 2017, 05:03:02 PM

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?

for me 1 bitcoin is a very large amount and if I receive a one bitcoin gift from someone very unexpectedly, I will immediately sell half of it and half of it will I use for other purposes in crypto like investing and trading for example. but it would not be possible, seeing the very high bitcoin prices I think people not will give 1 bitcoin easily.

Bitcoin is a really a big deal for now. It's value is more than a 2000 dollar so the majority of people could not afoot to have one. As a former of gift 1 bitcoin is a good thing to receive in the future hopping that it would achieve further development on the future.

jonnybravo0411

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Quote from: Vegeta_Sama on September 19, 2017, 10:59:38 AM

Wow buddy a gift of one Bitcoin , I should really be dreaming of that but if someone really gives me one then I should use that money to deal with my own problems like my needs .
And really 1 Bitcoin is a lot of money in my country.
In case if someone money is unused then I would donate it , anyways it's a gift and I have fulfilled my needs.

This is really a very huge gift, which not everyone can afford to buy. I consider this expensive gift to be used sensibly so as not to regret the wasted money.

xaviervilla

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Quote from: Glorious04 on September 07, 2017, 05:03:02 PM

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?

Well, if you ask me, knowing the fact that the bitcoin i have was just gifted to me by someone, I would invest it into various coins that i see great potential. Then i would leave a fraction of it to look for a better coin in the future so I can invest again. I would not waste the bitcoin by just holding it and waiting for its price to rise. And if i fail, then I don't care. I lose nothing. At least i did my best to put the gift into good use in trying to better my life. Life is about taking risks. And if you don't, then you won't get anywhere.

Im open for gifts. Anyone wanna gift me? Lol.

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