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?
I don't understand it's your money and you have to decide how much percentage you want. And if you profit 100$ it's up to you to keep going with capital or not. But yes the more you earn if you more invest (if everything going in your way). I mean if you invest 2000$ and gain 5% that's mean your profit is 100$ other hand if you invest 20000$ and gain 5% that's means your profit is 1000$. Same percentage gain but different profit because of investing much money. So try to invest good amount if it's possible.