Post
Topic
Board Bitcoin Discussion
Re: Little Bitcoin investment becoming something else
by
Stable090
on 25/04/2023, 14:31:17 UTC
Before going further i will appreciate if you read my previous post Stated " How I decided to buy some fractions of BTC after discussion with members". Since on February 2, 2023 I bought some fractions of bitcoin with just NGN33,000 then which was approximately 0.001848BTC in turns of NGN37,657 almost about NGN4,657 increase (profits) do you suggest I should hold or take profit?
Congrat to you, it’s nice seeing that you are already in profits, but I went through the link which you attached to the post and people advised you to purchase bitcoin and hold till bull run start, but am surprise you are planning to sell your bitcoin so early, what am seeing currently is not a bull run yet, it will have been better you keep on holding since that was your initial plan.
Usually i don't know what the market may looks like in the next 1 months to come, I missed selling at $31k since I was thinking it will gets to 40k but the market keep scaring me and you know emotion is being attached to this so I have to run down here to seek the best opinion on what to do comparing my condition as young mother who needs money for my up keep, since i don't like bothering my husband for money so i believe i can make out something good from here.

Any suggestions given here will be quickly implemented because I know we have more bitcoin lords here.
It’s always advisable if you are planning to hold bitcoin, you should be ready to hold for long term, and you shouldn’t invest any amount you will be needing soon in bitcoin or any amount you can’t afford to lose. Since you are planning to hold before, you shouldn’t be deceived by the little increase in bitcoin price. But since you are in profit already, then the decision is left for you to take either you sell or you keep on holding.