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?
Its depend on trend. For example I have sold some bitcoin yesterday and price was above $10.5K. And seems today bitcoin price has been dumped below $10K. Although I sold it permanently and I will not buy back but if you like then you could get benefits of that dump. It doesn't mean you will be always gainer. That's why you should well research current market conditions. Otherwise you might lose your funds.