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?
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If teen will be given by this amount, If he don't want to loose it he/she needs to hold it, but it will take a long time of waiting before he/she can sell bitcoins. and the other safest thing I think is, try to invest in potential ico that for sure after the ico project the price will increase.
Now no one will require a longer time to earn a bigger profit from holding their coins as the price of bitcoin has started to increase and any person who will buy now or have some bitcoins in their wallet already they will earn a bigger amount sooner within a month or two.