This may be a silly question - Ok so I now have £700 invested in bitcoin . Let's say it goes up by £50 - do I remove the profit and leave the working capital( £700 )in bitcoin ? Or do I take the lot?
If I take the lot then when I buy back in It may pay a higher price. What do you suggest?
You may already had take decision and if yes, then let us know what you did, if no, then I'll write my personal opinion.
For quick and nice profit without no further risk, £50 from £700 (for example) is good, acceptable profit. But if you want more profit, you also have to consider that you can't exchange btc/usd when you'll need,, you have to understand that you won't need this money quickly and you'll be okey to keep money invested for months. If you can do second, then why to say no to good profit?