Post
Topic
Board Bitcoin Discussion
Re: Little Bitcoin investment becoming something else
by
lixer
on 25/04/2023, 17:29:56 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?
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.
Bitcoin is currently in a correction mode, so the price can go either way at any given time, the question that you are asking the community is something that only you should decide. The market is not very high at the moment, but it's not too low as well as in a correction, it can go even lower in the coming days, so it is up to you really.

If you think that you desperately need the money and since your assets are in profit, maybe you should sell them and use the money for your up keep as you said, but if you think you can manage otherwise, I would suggest you should wait for some time.