If they are in need of money, and you gift them money, the chance that they spend it all away and come back to the state of poverty is very high. While a handful can be expected to be saving that money but you would be better off teaching them how to earn money than giving them money. Even then if they don't learn, then you can rest knowing that you have done your part.
Don't just hand over your coins to someone who has nothing. If they are in need only then give but keep it as limited as possible. Don't expect it back and observe if they learn a lesson.
Topic: what is your reason for gifting bitcoin (Read 543 times)
It depends on the condition of the person himself because if he really doesn't have a job or steady income and doesn't have any interest in bitcoin then he will most likely want it to be money rather than a form of investment. the reason is simple because indeed he will use it for his daily needs.
Conditions like this are the most likely to occur because indeed seeing from the condition that he does not have a job and a steady income it is already visible even though there is a possibility that he will invest but that is only a few percent of the 100 percent possibility he will cash out it.
The possibility to invest is very low. When it comes to survival or investment, the first preference will be to survival. Whether its you, me or the friend everyone prefer survival. Next part, the friend is jobless, so he's in need of money. Maybe if someone can fulfill his daily bread, he may think of investment/saving. When there is no such chance he'll make use of something available with him.Conditions like this are the most likely to occur because indeed seeing from the condition that he does not have a job and a steady income it is already visible even though there is a possibility that he will invest but that is only a few percent of the 100 percent possibility he will cash out it.
A person moves into investment/saving when he have got excess amount with him after fulfilling his needs. Here the person is in need and by that time expecting him to invest what you gift is unfair. When we gift something, we shouldn't think of what he does with it.
On the other hand, I also agree when I say that people who can invest are those who can indeed be said to have enough conditions where their needs in life are sufficiently met because sometimes their thoughts are not towards investing. let alone think for the long term that they can no longer do.
If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin. Will it be possible for the person to focus on this investment without selling at the moment because of the present financial situation. I'm asking this question because of people who wish to gift bitcoin to people who are going through difficult financial challenge, is there any need to give bitcoin as gift to people who need money to settle urgent financial problems.
Or bitcoin should only be given to those who can truly invest and yield profits. Can you gift bitcoin to random people who may not make profit from it.
To be honest when you mention that the person who would receive it are jobless how do you think that they could focus on investment when they are already struggling to survive?Or bitcoin should only be given to those who can truly invest and yield profits. Can you gift bitcoin to random people who may not make profit from it.
Only those who have enough could focus on investment but if you don't have a job or source of income even if you have an investment on crypto it would just be spent up little by little because of your basic needs.
He would really sell that off because he needs money. So it would be better to give them cash as they need it so it would be better to give them cash as they need money. It would be best to gift bitcoin to those who really want to venture out into the world of bitcoin, as they will for sure keep it until they want it. If you give it to the unemployed, they will not think of it as an investment, as they need to buy food just to survive each day.
When we gift something, we shouldn't think of what he does with it.
People say mostly that the gesture is what is more important than the gift given, but the gift given is also just as important as the gesture. There are thoughtful gifts that can be given to people who already have everything and they will really appreciate it, and there are thoughtful gifts for those who do not have everything and require/need some specific things. For every category of person, you have to know the right gift to give so your gift and gesture becomes more appreciated. Bitcoin is not always the appropriate gift to give to every individual, you have to be thoughtful as to what the person really needs before gifting.Ninety percent of people will immediately cash out such a present and spend it on needs or luxury, while they will forget such a gesture. Therefore, the giver should explain what Bitcoin is, why its price changes, and how it was created in general. Nevertheless, I consider it a good gift. After all, this is gold, albeit digital.
When we gift something, we shouldn't think of what he does with it.
People say mostly that the gesture is what is more important than the gift given, but the gift given is also just as important as the gesture. There are thoughtful gifts that can be given to people who already have everything and they will really appreciate it, and there are thoughtful gifts for those who do not have everything and require/need some specific things. For every category of person, you have to know the right gift to give so your gift and gesture becomes more appreciated. Bitcoin is not always the appropriate gift to give to every individual, you have to be thoughtful as to what the person really needs before gifting. 
It depends on the condition of the person himself because if he really doesn't have a job or steady income and doesn't have any interest in bitcoin then he will most likely want it to be money rather than a form of investment. the reason is simple because indeed he will use it for his daily needs.
Conditions like this are the most likely to occur because indeed seeing from the condition that he does not have a job and a steady income it is already visible even though there is a possibility that he will invest but that is only a few percent of the 100 percent possibility he will cash out it.
The possibility to invest is very low. When it comes to survival or investment, the first preference will be to survival. Whether its you, me or the friend everyone prefer survival. Next part, the friend is jobless, so he's in need of money. Maybe if someone can fulfill his daily bread, he may think of investment/saving. When there is no such chance he'll make use of something available with him.Conditions like this are the most likely to occur because indeed seeing from the condition that he does not have a job and a steady income it is already visible even though there is a possibility that he will invest but that is only a few percent of the 100 percent possibility he will cash out it.
A person moves into investment/saving when he have got excess amount with him after fulfilling his needs. Here the person is in need and by that time expecting him to invest what you gift is unfair. When we gift something, we shouldn't think of what he does with it.
It depends on the condition of the person himself because if he really doesn't have a job or steady income and doesn't have any interest in bitcoin then he will most likely want it to be money rather than a form of investment. the reason is simple because indeed he will use it for his daily needs.
Conditions like this are the most likely to occur because indeed seeing from the condition that he does not have a job and a steady income it is already visible even though there is a possibility that he will invest but that is only a few percent of the 100 percent possibility he will cash out it.
Conditions like this are the most likely to occur because indeed seeing from the condition that he does not have a job and a steady income it is already visible even though there is a possibility that he will invest but that is only a few percent of the 100 percent possibility he will cash out it.
If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin. Will it be possible for the person to focus on this investment without selling at the moment because of the present financial situation. I'm asking this question because of people who wish to gift bitcoin to people who are going through difficult financial challenge, is there any need to give bitcoin as gift to people who need money to settle urgent financial problems.
Or bitcoin should only be given to those who can truly invest and yield profits. Can you gift bitcoin to random people who may not make profit from it.
the first question here is that (How can he managed to survive as you clearly say He has No JOB at all"? this is something like tricky and not related question for me.Or bitcoin should only be given to those who can truly invest and yield profits. Can you gift bitcoin to random people who may not make profit from it.
I invest in bitcoin and also trade because I have my full time job and use this market as extra provider.
also if you are going to gift a person with financial problem then the chance of Him holding this will be 10-20% and he might sell this right away after being accepted .
If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin. Will it be possible for the person to focus on this investment without selling at the moment because of the present financial situation. I'm asking this question because of people who wish to gift bitcoin to people who are going through difficult financial challenge, is there any need to give bitcoin as gift to people who need money to settle urgent financial problems.
If the situation is like this, I am not sure that he will not sell the Bitcoin, moreover, they are jobless and don't have money, or they have financial problems What they need is the money to help them continue their life by buying food. they may not need the investment at that time because what they need is the cash to be able to buy some food or do something with the money in that urgent situation. So, I am not sure that they will only focus on the investment. But, it will depend on certain situations and individuals. However, in this situation, I think that most people will sell Bitcoin. 
If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin. Will it be possible for the person to focus on this investment without selling at the moment because of the present financial situation. I'm asking this question because of people who wish to gift bitcoin to people who are going through difficult financial challenge, is there any need to give bitcoin as gift to people who need money to settle urgent financial problems.
Or bitcoin should only be given to those who can truly invest and yield profits. Can you gift bitcoin to random people who may not make profit from it.
To be honest when you mention that the person who would receive it are jobless how do you think that they could focus on investment when they are already struggling to survive?Or bitcoin should only be given to those who can truly invest and yield profits. Can you gift bitcoin to random people who may not make profit from it.
Only those who have enough could focus on investment but if you don't have a job or source of income even if you have an investment on crypto it would just be spent up little by little because of your basic needs.
I completely agree, but there are many institutions that encourage it. I even read that some municipalities in the United States pay their employees in BTC. it's a new and emerging technology that has the potential to revolutionize the financial sector, and the more people understand it, the more they can benefit from it. So, while we should be cautious when gifting Bitcoin, we should also try to encourage those around us about this exciting technology.
I don't think there's a general answer to this question, because it really depends on the person and the situation. I personally gave away bitcoins only to friends and acquaintances who were already involved in the cryptocurrency space or at least familiar with the concept and expressed their interest. I did this because I wanted to spread the word about Bitcoin and help my friends get involved.
I think it's important that the person you're giving bitcoins to has some interest and experience with cryptocurrencies already. They're unlikely to appreciate the gift if they don't understand or care about it. If a friend or family member does not have any interest in bitcoin, then you should probably buy them something else.
Or bitcoin should only be given to those who can truly invest and yield profits. Can you gift bitcoin to random people who may not make profit from it.
I don't think there's a general answer to this question, because it really depends on the person and the situation. I personally gave away bitcoins only to friends and acquaintances who were already involved in the cryptocurrency space or at least familiar with the concept and expressed their interest. I did this because I wanted to spread the word about Bitcoin and help my friends get involved.
I think it's important that the person you're giving bitcoins to has some interest and experience with cryptocurrencies already. They're unlikely to appreciate the gift if they don't understand or care about it. If a friend or family member does not have any interest in bitcoin, then you should probably buy them something else.
If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin.
The first priority for someone who does not have a job should be how to get a job to get by the day and be able to pay their bills and not what to invest. You can not be saving when you are hungry, you have to be well fed to make good long term investments. For you the gifter, if you must give a gift to someone who you know needs a job, money to start up something can be a good place to start or if it within your capacity to use your influence and get them a job, then an employment letter will be best.
I think there is a misconception here, and it is mostly expressed by newbies. People gifting others is a normal thing, it’s either the gift is financial, material or kind so long as it’s regarded as gift from the sender and the receiver.
To me sending bitcoin as a gift can be considered as a financial gifting and not an investment plan from the sender. Most bitcoin enthusiast find it a thing of joy using bitcoin and sending bitcoin as a gift is the equivalent of its monetary value.
To me sending bitcoin as a gift can be considered as a financial gifting and not an investment plan from the sender. Most bitcoin enthusiast find it a thing of joy using bitcoin and sending bitcoin as a gift is the equivalent of its monetary value.
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Or bitcoin should only be given to those who can truly invest and yield profits. Can you gift bitcoin to random people who may not make profit from it.
If you have bitcoin to gift to a maybe a friend, I don't think it really makes sense to begin to check whether such a person can hold it or not, Bitcoin is money and can be spent, it is not just meant to hold, like for example, you cant expect someone who have bitcoin somewhere, and keep holding it while they are looking for money to get drugs for some serious ailment they must treat, Bitcoin is money and we save money so that money can save us in critical times.If I had bitcoin to dash out to a friend who is jobless, I wouldn't mind what they do with it, if he or she have other means of survival and decide to keep the bitcoin - good for him, but if he or she decides to sell to meet ends meet, that's his or her cup of tea
I may seem like a bit of a cruel person, but I believe that it is necessary to help only those people who need money to become independent themselves. As they say: give a man a fish and he will be full one day, give a man a fishing rod and he will be full all his life. You can't just give money away, you need to train and show the way to development. And it is necessary to do eo in relation only to close people, strangers will never appreciate this.
You should not be bothered about what is done with a gift, if it is your real intention with the gift. The goal of a gift is not to force someone to hoard it, so that they can make a huge profit or to meet the gifters goal.
I gave bitcoins to many of my friends and family for Xmas and for their birthdays and most of them sold it or used it .. I know this, because I have the Bitcoin addresses and I can track the coins.
I gave bitcoins to many of my friends and family for Xmas and for their birthdays and most of them sold it or used it .. I know this, because I have the Bitcoin addresses and I can track the coins.
Indeed, gifting Bitcoin to friends or family means that you are introducing them to it. So, you can gift Bitcoin to your loved ones in need. If someone is going through a financial crisis and is unable to invest in Bitcoin even though they are aware of it, give them small quantity of bitcoin. Regardless of the quantity, they will undoubtedly be happy to see you. A fantastic gift would also be to teach someone about Bitcoin if they are unaware of it. Whatever the case, even if there is no financial crisis. They would, nevertheless, have a bright future.
Lately I’ve been seeing some random strange amounts of BTC hitting my wallet. It looks like someone operating a mixer occasionally drops a couple bucks to my address for whatever reason. I guess because I’ve been vocal about coin mixers being money laundering operations. Anyway, I usually just gift the coins to someone else and my most common target is the Free Ross charity.
If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin. Will it be possible for the person to focus on this investment without selling at the moment because of the present financial situation. I'm asking this question because of people who wish to gift bitcoin to people who are going through difficult financial challenge, is there any need to give bitcoin as gift to people who need money to settle urgent financial problems.
Or bitcoin should only be given to those who can truly invest and yield profits. Can you gift bitcoin to random people who may not make profit from it.
Or bitcoin should only be given to those who can truly invest and yield profits. Can you gift bitcoin to random people who may not make profit from it.
First of all, if you can afford to buy a lot of bitcoins, I think you can do it by giving bitcoins to people in financial need. Why would you give bitcoin to someone you are hesitant to do so?
It's different because we help happily and cheerfull at our will and not wait for a return or exchange for the help we will do. Another thing is that we are not obligated to give bitcoins to homeless people, as long as you can only give what you can, that's what you should do.
If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin. Will it be possible for the person to focus on this investment without selling at the moment because of the present financial situation. I'm asking this question because of people who wish to gift bitcoin to people who are going through difficult financial challenge, is there any need to give bitcoin as gift to people who need money to settle urgent financial problems.
Or bitcoin should only be given to those who can truly invest and yield profits. Can you gift bitcoin to random people who may not make profit from it.
I can assume that those people who are experiencing financial difficulties will immediately sell bitcoin gifted to them. When such urgent financial difficulties arise, it becomes not up to investment. In this case, you can help them with money, and when their financial condition stabilizes, then you can give them bitcoin. Or bitcoin should only be given to those who can truly invest and yield profits. Can you gift bitcoin to random people who may not make profit from it.
Bitcoin can be given to everyone, for that matter. It just depends on your preference. The question is: how will they manage it. Some will spend immediately, others will leave for the future. Based on your observations and decide who exactly to give.
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