1Bitcoin as a gift from someone - page 58.

danjonbit

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DanJoN

Quote from: Glorious04 on September 07, 2017, 04:03:02 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?

sure it will be heaven for me if i recieve a bitcoin, i will surely be excite, be happy and wooah i have a bitcoin, im nit that long in cryptoworld thats why i dont have yet a bitcoin, but, surely i will the sender and if i found out i will return it, but luckily i cant, then I invest for more on that bitcoin....

matuson

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Stupid question. Why do people dream about to get undeserved money? You'd better dreamed to find a job that will generate enough bitcoins to get the best education in the world. This is the approach I understand.

Saoha

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Quote from: Glorious04 on September 07, 2017, 04:03:02 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?

1 Bitcoin is a big money, I think no one would gift someone else. However, if someone nice gives me a bitcoin, I would:
- Sell 0.2 btc to wait when Bitcoin decrease low and buy back.
- I will use 0.4 btc to buy some potential altcoins like ETH, LTC, LSK, XRP, STRATIS ...
- The remaining is 0.4 btc, I will holder in the wallet can be several years or longer. Because I believe in the future of Bitcoin!

kryptqnick

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Quote from: perla on September 07, 2017, 09:45:40 PM

i will sell some, and give something back to someone who give me, that is what called take and give, and save the rest then wait for the price to rise again. i think that is good thing to do

It truly is a wise decision. It was nice of you mentioning giving some of it back IMO. I guess $4500 is the kind of money which is a lot to simply spend it on life and too small to make a real difference (to buy a flat, for example). That's why I would rather hold my btc for the better times and cash some whenever it will really be needed or if the price reaches $45k. For that price one can buy a modest two-room flat in a good district in the capital of my country.

ipanks

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Quote from: Glorious04 on September 07, 2017, 04:03:02 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 dont want to sell 1 btc right now because with 1 btc, i can increase the amount so i can have more btc. I will trade that amount with many pair and if i can increase the amount by taking profit then i will cash out the profit only and i will continue to using 1 btc to make another profit.

But the question is who will give me 1 btc? Grin

Because 1 btc now is too expensive and only person which have big btc will do that but i guess,there are no other person will give 1 btc by free.

shine1123

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Quote from: Glorious04 on September 07, 2017, 04:03:02 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?

The first think i do is thanks to the person that give me 1 bitcoin, damn dude easy $4,500 who doesn't want it ? If that ever happened to me, i will cash out the half of 1 bitcoin and the rest i keep it and trying to make it growth. I mean, i can use that $2,250 to trading, investing and many else.

Carlsen

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Personally I would hold the bitcoin.
Right now I have not much need of money, so all I can do is invest it. And because bitcoin is already a very good investment, I would stick to the coin I got.
Of course it would be different if I needed money. Then nothing speaks against selling the coin. After all it was a money gift. And what else is money good for than to spend it when it is needed?

MindPower

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Why there is a condition that a BTC was given by someone? I think in either way people will just hold it.

denny27

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★Bitvest.io★ Play Plinko or Invest!

Although it's impossible for me, well.. but if i get 1 btc from someone, maybe i will sell it soon but i'm waiting for the interesting price and higher from now. Honestly i really hope there is someone who will give me a 1 btc gift, it will be history in my most joyous life.

lokpalnaik

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Well, For me 1 Bitcoin is big amount,getting as a gift. I would hold it for long, it will certainly give us a very price just by holding it. Price will be definitely unimaginable in coming years.

Sled

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Bitcoin- in bullish time

If someone will give me 1 bitcoin as a gift for any occasion like in my birthday then i will not sell it or just hold it for long term because i will use it to trade different types of altcoins in the market that will help me to grow that 1 bitcoin and make it a bigger amount of bitcoins which i can start saving and selling some of them for profit and future purposes.

jekjekman

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Quote from: Glorious04 on September 07, 2017, 04:03:02 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?

As it is just given and not earned then I will choose to keep it until 10 years maybe so I have a live investment instead of cashing out it away, 1 Bitcoin for now is so valuable that it will be more after how many years.

I choose to keep it because I already earning some fraction of bitcoin that can sustain my expenditure in life so there is no need for me to cash it right away, bitcoin have a future in potential growth.

speem28

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Quote from: Glorious04 on September 07, 2017, 04:03:02 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?

It really depends on the beholder tho, if he really needs money at that specific time then he should sell it right away because he will still benefit a lot from it. But if he does not need money at that time, then it is better to hold it in or if he is good at trading or investing he could try those things so that he could have more of that 1 btc that was given to him.

truongdhnh

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I will keep 1BTC because i believe in the long term potential of Bitcoin. I believe it could reach millions of dollars Grin

. . If it gains value, great.

Babyrica0226

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Quote from: Glorious04 on September 07, 2017, 04:03:02 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?

wow! if ever there is a good Samaritan would give 1 BTC, I will be glad to accept it of course. Then, what I'm gonna do with it I will hold em in a long long term, then once 10,000$ has reach the value price I will sell it immediately to become money of course. Wink

lili song

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Quote from: Glorious04 on September 07, 2017, 04:03:02 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?

Ofcourse I will keep it for next year because based on bitcoin graph , it's value always increase every year so I trust bitcoin as my current investation that replace my previous investment which is gold.

JoMarrah Iarim Dan

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Quote from: Glorious04 on September 07, 2017, 04:03:02 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 gives me an amount of 1 bitcoin, I will not convert it immediately else I will save and combined it with my future earnings. After that if I think my bitcoin has a high value and the bitcoin price is also high at the same time, I think that is the time to convert at least some of my money into cash. I am also thinking about using that money into trading but I am not sure about it. 1 bitcoin is not a joke and in my country it is a very big amount of money and the good thing is that bitcoin price is increasing maybe if I hold it until next month after receiving it, its price may double again.

Casabrandy

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Quote from: yndye on September 07, 2017, 11:03:07 PM

Quote from: Glorious04 on September 07, 2017, 04:03:02 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?

No, I will not sell it right away because I believe that we are still on the early stages of cryptocurrency and bitcoin has a chance of rising more in value but maybe not. I have nothing to lose anyway because it was given to me and I don't have any outflows to have it. If I needed some fiat, then maybe I would convert some but ideally, the part left would be for long time investment. Since I am currently trading, I would add some as trading capital to grow more my bitcoin and maybe invest some in other altcoins too.

I will be too glad to keep that gift for long. I doubt if there will be someone who will give me a btc since it seems that Im the only one who knows it in my friends circle and my family were just studying only it by now. It will take time before we can chieved to plenty btc to make it a gift for some.

alva 666

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i think only rich Arabian from Saudi Arabia will give it to me

when sell it because price now so high 4.600$

yndye

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Quote from: Glorious04 on September 07, 2017, 04:03:02 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?

No, I will not sell it right away because I believe that we are still on the early stages of cryptocurrency and bitcoin has a chance of rising more in value but maybe not. I have nothing to lose anyway because it was given to me and I don't have any outflows to have it. If I needed some fiat, then maybe I would convert some but ideally, the part left would be for long time investment. Since I am currently trading, I would add some as trading capital to grow more my bitcoin and maybe invest some in other altcoins too.

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