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 0.001848
BTC 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.
Any suggestions given here will be quickly implemented because I know we have more bitcoin lords here.
OP are you trying to trade or are you trying to invest/hold. Since you talk about missing selling at $31k it sounds like you weren't planning on investing/holding bitcoin but rather trading. Unless you need this money for daily life you should just hold it. And really you shouldn't be relying on trading profits to use for daily life because as a stream of income it is inconsistent.
I would suggest you don't bother trying to trade, but just instead hold it long term. That way you grow your wealth long term, don't have to worry about taxes (assuming your country taxes gains in sold cryptocurrencies), don't have to worry about timing the market for trades as seems to be what is concerning you right now, and you can continue accumulating more Bitcoin over time if you have more money to invest.