Post
Topic
Board Economics
Re: 1Bitcoin as a gift from someone
by
Xenoph0bia
on 27/11/2017, 17:42:41 UTC
If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
1 bitcoin is already a huge amount of bitcoin nowadays. If im going to receive 1 bitcoin from someone, i will not spend any of that. I will invest it so that it will grow more and i will gain profit. Also, i will only spend my bitcoin in the future to buy all the things that i want like a house and a sports car.
1 bitcoin is a very big amount.The person who is gifting 1 bitcoin in today's date maybe very foolish or maybe he or she is a very good friend.Today the price of bitcoin is touching heights and no one will want to give away his or her bitcoins.The person will try to hold his bitcoins for a longer time.Bitcoin is growing continuously.Many people invest in bitcoin because they know that the profit margin is very large and people earn profits in a short period of time.