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, if you cashed out right now it would be 250. I think you might as well wait for it and spend that money on something you really need in several months-a year. I am pretty sure the futures price will make it reach 20k again. It has some time before it gets there.