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?
It depends on your status. If you need money then you can get it and spend in necessary things. If you don't, then it is an opportunity for you to invest in bitcoin. Thay .03 btc or $500 will become $600 and up which is good for you and as well as in your future. Be wise in managing your btc.