So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?
Well the .03 btc is equal to 206 usd and probably i suggest to hold it though , the price of bitcoin seems low almost 6k usd so better to hold it or invest it on eth or ltc.
Entering to this business is an honor for everyone and should be as it is the only business with huge and high outcome and an investor should be productive. Now in your case if you are productive then you have to buy more Bitcoins as the price is low and getting more Bitcoins are affordable now. So buy more and wait while it increases for profit time.