Friends Give Me BTC as Birthday give

[Imran232]

Today was my birthday. I just came home 3 hours ago. It was really late at night, but a party was organised for me. By the way, thanks to my friends who gave me this special birthday. But I was most surprised when I saw they gave me a birthday card and asked me to open it. When I opened it, I saw an email and password were written. And the account was a Kucoin account. Then I logged in and I saw there was $93 worth of bitcoin. And when I asked them about it, they said "this is a gist from five people. Four give 20 each and one gives $15, but because of the price volatility, it becomes $93. Though I didn't ask about the amount, I asked them what they did. Because I have been helping them learn about bitcoin for the last 15 days, and they have already made their first investment with me. This feeling is really something special for me. Literally, this is something special. And this birthday will be really memorable for me. My life's first bitcoin gift was on my birthday.
 
Do you guys have any memories of something like this? If you want, you can share that, and if you also give them any surprise, please share that too, so that I can get a better idea of what to give them.


Update: March 28, 2022, 07:37:04 PM

Thank you soo much everyone who wishes me here.

[pooya87]

Happy birthday and best wishes to you.

When I opened it, I saw an email and password were written. And the account was a Kucoin account.

I'd like to criticize this a little. Why use a centralized exchange account to give away bitcoin? It is so much better to give away paper wallets containing a private key that has bitcoin in it.

Do you guys have any memories of something like this? If you want, you can share that, and if you also give them any surprise, please share that too, so that I can get a better idea of what to give them.

I've always been the gift giver than the receiver when it comes to bitcoin .
This year I decided to use the new year (8 days ago) or Noruz to give away some new year themed gifts in form of paper wallets each with one of the 7 symbols found in Haft-seen. It was both fun and educational to combine the 5-7 thousand year old traditions with 13 year old bitcoin. I have some plans for Sizdah_Be-dar (13^th day of new year) for a party to combine 13-year old bitcoin with the 13th day. But I'll see what happens.

[NeuroticFish]

Happy Birthday!

And the account was a Kucoin account. Then I logged in and I saw there was $93 worth of bitcoin. And when I asked them about it, they said "this is a gist from five people.

I agree here with the previous post: if they chose to give you an account at a centralized exchange, it means you didn't teach them good enough.
I guess that the next step of your "lessons" must be about having own wallets, about "not your keys, not your coins".

Do you guys have any memories of something like this?

The closest to this is the contest I've won here on Bitcointak off which I've received a Christmas present in Bitcoin, but the requirement was to buy something off it.
I've bought a monitor back then and I'm still using it (from the winter of 2017/2018), reminding me about the one who made me the present, about bitcoitalk and about the fact the Bitcoin is not only for HODLing.

[Oluwa-btc]

Belated Birthday Wishes Budd.
This should be cherished by you, I can relate.
But ensure you practicalize the first rule of a Bitcoiner, hold down for life, and not your keys not your wallet.
Cheer's and trust you enjoyed your day judiciously ?

[Welsh]

Never received Bitcoin as a gift from someone. I'm not sure anyone would even think of it. Usually, its money for gifts, and then I do what I want with it. I've probably bought Bitcoin with gifted money before though, so there's that.

I guess that the next step of your "lessons" must be about having own wallets, about "not your keys, not your coins".

Probably not the best time to educate them after they've just given you a gift though . The intention was at least good, but the execute needs a little work.

But ensure you practicalize the first rule of a Bitcoiner, hold down for life, and not your keys not your wallet.

I've never heard of this rule? Obviously, not your keys, not your wallet is a common saying. Though, holding down for life is debatable. I get it, Bitcoin is valuable, and I do tend to see myself holding it rather than spending it. Though, Bitcoin absolutely can, and probably should be used for trading things, that's what makes it a proper currency, rather than a reserve currency.

[maydna]

Happy birthday to you, and may the best come to you forever, and you are given long life and health.

If it's a KuCoin account, I hope you can KYC soon even though KuCoin doesn't require strict KYC, but just in case, moreover, the account wasn't you who created it. Or you can move the balance to an exchange that you have used before and have been KYC.

I have never received a gift in the form of BTC, but I am the one who gave my friend or relative a gift in the form of BTC. But that's okay. At least I helped them to know something about BTC.

[Flexystar]

Happy birthday mate! Congratulations on receiving such adorable gift for yourself. I have seen few other threads where fellow forum members also asked whether they should be gifting their friends, spouse and family members the popular bitcoin! Most of us obviously love the idea of gifting bitcoin because it is the future, and it’s unique way to express our best wishes.

I am loving the thoughts of your friends. Just wish that everyone would keep doing this until it becomes the trend of modern gifting. 

And yes as everyone mentioned it’s on centralised exchange, you should move it to the wallet and have your complete ownership of the coins.

Good luck.

[davis196]

Happy Birthday.This seems like a great gift.I wish that more people would give me money at my birthday(not just useless gifts).
I really hope that Kucoin won't block your account for logging in via a different IP address.
I guess that teaching other people about the benefits of Bitcoin(and cryptocurrencies in general) pays off at the end.I just don't have the motivation to go outside and teach other people about Bitcoin.I'm very introverted and I'm really careful,when it comes to talking about Bitcoin/crypto.You never know what might happen,if some evil people find out,that you own and trade Bitcoins.
People like you are the reason why the "Bitcoin army" keeps growing.

[xSkylarx]

Although it is a little late, it is better to be late than never! Happy birthday to you, my good friend! If someone has given you a bitcoin, whether it be from an exchange or directly out of your wallet, I am grateful; however, I understand that some of the comments here will suggest that he should have sent you some of it directly into your wallet rather than giving you an email and password from an exchange; however, this is still a very nice gift. You stated that you have only learned bitcoin in the last 15 days, which is a good start, and in order to grasp the bitcoin from that exchange to your hardware wallet, you will need to understand and learn it over time, which you will do over time.

[YOSHIE]

~~~

Maybe we are not as lucky here as you on birthday, when you celebrate, you have good friends and care when you get older.

Maybe I should say, my friends are also good people and care for each other where, every time our friends get older we always give them gifts, but not in Bitcoin.

I saw what happened to you on your birthday, maybe we are also motivated where in the future when birthday friend has to give Bitcoin as your friend did, great idea to do, maybe we can judge here, it's not the value of Bitcoin that is given, but togetherness, that's important.

Congratulations on your new age.

[Anonylz]

Happy birthday buddy, i have never receive btc or other crypto gift from friends, i have some few friends who are also into crypto but in occasions like this they will prefer to gift in the usual way. You are lucky to have crypto loving friends like them. this will definitely be a memorable birthday. Hope you will hold the gifted btc for some time. Cheers

[Bttzed03]

Setting aside the use of exchange wallet, the act was actually pretty cool. I'm curious how do you plan to use it now? Would you transfer it to you main Kucoin account or create a new one (if you don't have it yet)? Personally, I would transfer it to a non-custodial wallet and hodl like a memento. Never mind the amount and the 0.0005 BTC withdrawal fee.

[m2017]

snip

This is a wonderful and touching story. Giving bitcoin as a gift is starting to trend more and more.

Because I have been helping them learn about bitcoin for the last 15 days, and they have already made their first investment with me.

I perfectly understand their desire to thank you for this. You have given them so much more by sharing information about bitcoin than they or you yourself can imagine.

Do you guys have any memories of something like this? If you want, you can share that, and if you also give them any surprise, please share that too, so that I can get a better idea of what to give them.

Tell them about this forum so they can learn more about BTC and go deeper into the intricacies of crypto. As the post below shows, they still have a lot to learn.

When I opened it, I saw an email and password were written. And the account was a Kucoin account.

I'd like to criticize this a little. Why use a centralized exchange account to give away bitcoin? It is so much better to give away paper wallets containing a private key that has bitcoin in it.

Don't be so hard on them. Judging by the OP words, they became interested in bitcoin topic in detail only 2 weeks ago. Imran232's friends should have looked at bitcointalk to fill in the gaps in knowledge.

And congratulations Imran232 on your past birthday.

[Erumo]

Congratz on your birthday. Now your 93$ in Bitcoin worth even more.

Although people talk a lot that cryptocurrency as a gift is a nice gift, such talks rarely goes from just to talk to action. I have a bunch of crypto enthusiast friends, with who I have discussed Bitcoin as a present topic. Everyone accepted, that it will be nice to receive such, and "they would consider" making such a gift. But no body ever made such gift. Instead everyone prefer to give cognac or whiskey bottle and a gift card or cash.

[Marvell1]

First of all, happy birthday to you. Wish you all the best and success always accompany you.

I have also never received a birthday gift in bitcoin, I also have a lot of friends in the market but no one seems to come up with this great idea. This is really a meaningful and precious gift because we are crypto lovers. 

Maybe I'll have to tell my friends about this idea, we're going to change the way we give birthday gifts this year to make it more fun and rewarding.

[Bitstar_coin]

Congratulations, you are so young and already working towards having your financial freedom some day. your friends did a wonderful thing by coming up with this special idea, i know i will love it too assuming i was in your shoes. i have never receive a btc gift but i have gifted eth to a friend too.
My advice is to withdraw the btc to your own personal wallet for safe keeping. this is a gift to treasure. Happy Birthday.

[seoincorporation]

...
Do you guys have any memories of something like this? If you want, you can share that, and if you also give them any surprise, please share that too, so that I can get a better idea of what to give them. 

I have never received Bitcoin as a gift, but I have given away cryptos as a Birthday gift in the past. Some months ago I give my girlfriend 0.01btc on her birthday, and I hope that amount becomes some nice money with time.

Giving money as a birthday gift doesn't look good for all, but we can't see this as giving money, this is more like giving an asset or an investment.

[masterrex]

Belated happy birthday mate, I guess you are lucky enough to receive such wonderful gift on your birthday, maybe it was a small amount but still it's a precious gift if it was heartily given, Anyway I have also given some Bitcoin to a friend on her birthday way back in 2016 the Bitcoin amount was 0.05 BTC because during those days Bitcoin is not as expensive as today. but the bad thing is that I and my friend has become a victim of the HashOcean cloud mining scam and all our BTC was gone with the scammers. Again belated happy birthday.   

[tranthidung]

First, happy birthday 

When I opened it, I saw an email and password were written. And the account was a Kucoin account. Then I logged in and I saw there was $93 worth of bitcoin.

Next, it seems your friend does not know about risk from KYC, custodial wallet, CEX.

• Kucoin, for now, is a non-KYC exchange but who knows how will they change in future?. https://kycnot.me/
• Why KYC is extremely dangerous – and useless
• Do you really want to do KYC in case Kucoin implement it? If you don't want to do KYC, it's time to move your Bitcoin to a non-custodial wallet.
• Recommended wallets. Electrum is good to use on computer or on mobile if you don't look for advanced features
• [GUIDE] How to Safely Download and Verify Electrum

And when I asked them about it, they said "this is a gist from five people. Four give 20 each and one gives $15, but because of the price volatility, it becomes $93.

If you hodl it a few years, a decade, its value will increase a lot. However, if you are planing to HODL it, let's move it to a non-custodial wallet.

[bitzizzix]

Happy birthday OP. And what you're going through, I felt a few years ago because I had some friends involved with bitcoin, and at that time some of my friends and I gave each other the same amount of bitcoin on birthdays.
Very happy on birthdays to get bitcoin gifts, and even more fun when receiving bitcoins when the price goes up because the amount of bitcoin gifts given remains the same and does not see the price go up or down at that time.
and at that time the amount of bitcoins given on birthdays with the same amount was 0.005 Mbtc for a total of 5 people including me, and after all came to their birthdays we didn't continue anymore.