Post
Topic
Board Bitcoin Discussion
Re: A teen is given $1K to invest into Bitcoin - what would you recommend for them?
by
AgentofCoin
on 15/03/2016, 22:06:01 UTC
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 safe methods of growing a Bitcoin portfolio with a hypothetical gift of $1K?

Others may come along with more helpful information,
but there are basically two types of investments with bitcoin, IMO:

1) Risk Investments (lending, ponzis, gambling, altcoin trading, btc trading, chinese online wallets give interest (may be scams IDK) etc)
2) Holding Investments (just hold for a decade or two and profit)

If there were truly safe methods of actually growing your btc, I want to know as well.