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.