Its a pretty large amount but I must say that the teen should not invest it into the bitcoin, its too risky in my eyes and due to that not worth it, its better to just save it for later.
Just hold it on your bank account for later, maybe with some work you can than invest into the bitcoin with a small amount to start.
Topic: A teen is given $1K to invest into Bitcoin - what would you recommend for them? - page 2. (Read 9592 times)
September 08, 2016, 02:54:57 AM
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September 08, 2016, 02:51:23 AM
Let's say a young teenager is given some coming-of-age money from their family, and is interested in growing that money through Bitcoin. Without encouraging him/her to invest in risky strategies, what are some lower risk methods of growing a Bitcoin portfolio with a hypothetical gift of $1K?
i think keep amount of bitcoin is help to growing bitcoin portfolio in future, but if i can suggest, use a few of bitcoin to trading and lending on the site that really trusted. if she don't know about trading, she can learn by doing and read the information on many sources. don't invest on the site like ponzi or not trusted site, because its really risky and we don't know what happen tomorrow.
September 08, 2016, 12:29:06 AM
Let's say a young teenager is given some coming-of-age money from their family, and is interested in growing that money through Bitcoin. Without encouraging him/her to invest in risky strategies, what are some lower risk methods of growing a Bitcoin portfolio with a hypothetical gift of $1K?
I would recommend this:
40% hold the bitcoins and wait for price increase.
30% lending and 30% altcoin trading.
Off course the teenager has to be familiar with altcoin trading.
September 08, 2016, 12:24:18 AM
Let's say a young teenager is given some coming-of-age money from their family, and is interested in growing that money through Bitcoin. Without encouraging him/her to invest in risky strategies, what are some lower risk methods of growing a Bitcoin portfolio with a hypothetical gift of $1K?
Well if you can handle it carefully trading is the best suggestion for this , but it still teen it will hard form them to start without learning , investment in hyip and cloud mining I suggest do not try it, much better to learn the move of the market and learn it and if you have enough knowledge then you can start trading much better if you start with small amount only. 
September 08, 2016, 12:05:08 AM
Let's say a young teenager is given some coming-of-age money from their family, and is interested in growing that money through Bitcoin. Without encouraging him/her to invest in risky strategies, what are some lower risk methods of growing a Bitcoin portfolio with a hypothetical gift of $1K?
if teenager are going to use money into bitcoin than buying drugs then thats nice for them and of course there are going to support there son or daughter to do things to earn money bitcoin is just a sideline only and not stable to earn 
September 07, 2016, 11:57:36 PM
Let's say a young teenager is given some coming-of-age money from their family, and is interested in growing that money through Bitcoin. Without encouraging him/her to invest in risky strategies, what are some lower risk methods of growing a Bitcoin portfolio with a hypothetical gift of $1K?
in my opinion he is brand new user of bitcoin and i also think he didn't want play with btc so i will suggest you to say him tha he should buy and hold btc for some months and then sell after the prices increases .This is a good suggestion for newbies in bitcoin it is not suggested that they are going to invest immediately to trading and as well as with casino's.
It is going to be better if he is just going to hold it for a long time and going to learn more about bitcoin.
So that if he has a lot of knowledge already with bitcoin then that is going to be right time to engage in trading and other investments but of course stay away from cloud mining and hyips.
September 07, 2016, 11:56:15 PM
Let's say a young teenager is given some coming-of-age money from their family, and is interested in growing that money through Bitcoin. Without encouraging him/her to invest in risky strategies, what are some lower risk methods of growing a Bitcoin portfolio with a hypothetical gift of $1K?
in my opinion he is brand new user of bitcoin and i also think he didn't want play with btc so i will suggest you to say him tha he should buy and hold btc for some months and then sell after the prices increases .Agree its better to hold than to spend it without any knowledge since you would definitely lost those bitcoins in no time and its a bad thing that you cant even make money with it. Its better to hold for longer years or months which you can possibly gain decent profits when bitcoin prices would go or rise up.
September 07, 2016, 11:40:45 PM
Let's say a young teenager is given some coming-of-age money from their family, and is interested in growing that money through Bitcoin. Without encouraging him/her to invest in risky strategies, what are some lower risk methods of growing a Bitcoin portfolio with a hypothetical gift of $1K?
in my opinion he is brand new user of bitcoin and i also think he didn't want play with btc so i will suggest you to say him tha he should buy and hold btc for some months and then sell after the prices increases . September 07, 2016, 11:34:41 PM
I would advise him to Buy apple stocks with the half, buy tesla with the other half. Come back when you become a man in 10 years, take your free tesla car and iphone future. Alternatively you can invest in Bitcoin but I don't recommend it.
pff why would anyone still buy apple stocks? i would just tell him to invest into bitcoins and easily make profit by just holding itapple stocks is still good but if you want to invest in the stocks market you have to do it properly and with enough research to find the best opportunities and make the most amount of money from it.
just like any other investment it is better to diversify and also to invest as much as you can afford to lose.
September 07, 2016, 11:29:07 PM
I would advise him to Buy apple stocks with the half, buy tesla with the other half. Come back when you become a man in 10 years, take your free tesla car and iphone future. Alternatively you can invest in Bitcoin but I don't recommend it.
pff why would anyone still buy apple stocks? i would just tell him to invest into bitcoins and easily make profit by just holding itapple stocks is still good but if you want to invest in the stocks market you have to do it properly and with enough research to find the best opportunities and make the most amount of money from it.
just like any other investment it is better to diversify and also to invest as much as you can afford to lose.
September 07, 2016, 11:03:49 PM
I would recommend that he/she buy $1000 worth of bitcoin and hold half of it. The other half they could use for trading to earn a little extra bitcoin.
Even 2/3 of bitcoin would be kept and hold for a long time and the remaining would be invested on trading and other good investments which could also make heher earn extra coins
with that way he/she would be profitable in any way because he have investments and he has savings.
September 07, 2016, 10:55:38 PM
I would recommend that he/she buy $1000 worth of bitcoin and hold half of it. The other half they could use for trading to earn a little extra bitcoin.
This is good recommendation and if i recommend i will choose to say like this, because as of now i only think that will brings profit is on trading method specially if you do this regularly. September 07, 2016, 05:56:22 PM
I would recommend that he/she buy $1000 worth of bitcoin and hold half of it. The other half they could use for trading to earn a little extra bitcoin.
September 07, 2016, 05:53:57 PM
I would recommend you to buy Bitcoin at a low price and hold it for halving. Although, the process is slow, it is almost guaranteed to give one a profit. Moreover, I would suggest him/her to also start a new account or buy an account in this forum and ask the questions that he/she has. We can give the answers to all relevant questions regarding Bitcoin.
September 07, 2016, 03:08:22 PM
The only recommendation will be trading and nothing else. Even though trading involves risk but one can make a good amount of money without the fear of being scammed.
Every other ways of investment involves a lot of risk, significantly higher than trading. You must avoid gambling and ponzis every time.
bitcoin can be an investment vehicle provides many advantages for the right time, but on the other hand can also cause loss because losing a lot of money, time and effort. all good to start investing see the price movement down and up bitcoin not everyone can do it even people who have long timeEvery other ways of investment involves a lot of risk, significantly higher than trading. You must avoid gambling and ponzis every time.
September 07, 2016, 03:08:07 PM
Let's say a young teenager is given some coming-of-age money from their family, and is interested in growing that money through Bitcoin. Without encouraging him/her to invest in risky strategies, what are some lower risk methods of growing a Bitcoin portfolio with a hypothetical gift of $1K?
Don't know what he did with those money at that time but if he invested then he could see the profit at the halving time when the price was more than 700 USD now the price is a little lower but still bitcoin price can be increased at the end of the year.
September 07, 2016, 03:00:11 PM
I would advise him to Buy apple stocks with the half, buy tesla with the other half. Come back when you become a man in 10 years, take your free tesla car and iphone future. Alternatively you can invest in Bitcoin but I don't recommend it.
pff why would anyone still buy apple stocks? i would just tell him to invest into bitcoins and easily make profit by just holding iti don't think it matters. go for 1/3rd if you want, but if you invest it than you are way ahead of the rest anyway. and buy maybe a book or two. do i wish i could turn back time :/
September 07, 2016, 02:52:56 PM
He should just hold it and wait until its value goes up. To be honest, even holding BTC can be risky if he doesn't know what he's doing so I'd guide him how he can protect his funds from being stolen while it's growing.
September 07, 2016, 02:46:29 PM
I would advise him to Buy apple stocks with the half, buy tesla with the other half. Come back when you become a man in 10 years, take your free tesla car and iphone future. Alternatively you can invest in Bitcoin but I don't recommend it.
pff why would anyone still buy apple stocks? i would just tell him to invest into bitcoins and easily make profit by just holding it September 07, 2016, 01:48:12 PM
I would suggest to hold, bitcoin is a really good investment. i'm holding(and buying) bitcoins too as an investment, bitcoin price will surely double then i'll sell.
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