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 he/she should avoid all investment schemes, as ponzi schemes, since it is usually a scam, investing in gambling or loaning site is risky thing too, same with gambling
he or she should just buy bitcoins and hold them for some time, it have almost no risk at all, or try trading, it is very profitable thing to do too, just bit more risky