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?
Since you have already obtained Bitcoin for the first time, the better thing you must do is to seek for ways on how you can manage to make it into a larger amount since you know that there is a possibility that the Bitcoin you have received can grow in terms of Bitcoin which means you know how Bitcoin runs nowadays. It is much better if you will expand your capability to grow rather than cashing it out already because you know, larger opportunities can come once you seek for more because expect that your money can grow can lead you to a possible success that was offered by Bitcoins capabilities and capacity to make that 0.03 grow.