Post
Topic
Board Bitcoin Discussion
Re: Little Bitcoin investment becoming something else
by
sokani
on 25/04/2023, 20:44:23 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.

Any suggestions given here will be quickly implemented because I know we have more bitcoin lords here.
Well my friend, the N33,000 you invested based on today's dollar/naira conversion rate should be about $44.9 and the N4000 profit you want to cash in on is about $5.4, which is not worth it. I understand you not wanting to depend on your husband but if I were you I wouldn't allow my emotions to play on me and I would buy more and add to it and hold for the bull season, that's when you're going to make good profit.