If $300 worth of bitcoin is given to someone who doesn't have a job and have been looking for opportunity to invest in bitcoin. Will it be possible for the person to focus on this investment without selling at the moment because of the present financial situation. I'm asking this question because of people who wish to gift bitcoin to people who are going through difficult financial challenge, is there any need to give bitcoin as gift to people who need money to settle urgent financial problems.
Or bitcoin should only be given to those who can truly invest and yield profits. Can you gift bitcoin to random people who may not make profit from it.
Gifts are good, especially when they are given from a place of love. And bitcoin serves as the perfect gift for people who fall into the following categories: 1) probitcoiners without bitcoin 2) those who would love to invest but do not have enough bitcoin. In the example given by the OP, gifting someone who has no experience in bitcoin trading or investing $300 worth of bitcoin is like giving a 2023 Bentley Bentayga EWB to a child. What do you expect a 4-year-old kid to do with it? If I were able to gift $300 worth of bitcoin to a novice, I would spend $150 teaching the individual how to turn $150 into $300 with bitcoin. When I have achieved this objective, I will go further to instruct the individual on diversification of portfolio or investments.