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?
It depends on your situation whether to hold or sell it because no one has the right to it except yourself, but for bitcoin investment goals, do you plan for the long term or sell at a certain price, for example $ 30k, is the selling target?
Always the best advice is to hold if you invest in bitcoin but if you sell it is your decision even if you have made a few dollars profit on the initial investment purchase.
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.
That is the market is indeed difficult to predict even if you believe the price of bitcoin can reach $ 40k but the reality is different, when the target is not achieved what is desired is common when there is fear, emotion and panic but if you need money for that need then sell your bitcoins because basic needs are far more important than stressful investing, remember I suggest you invest in cold money so that there is no pressure to mix with your needs.
For example if you want to make a few dollars from bitcoin by buying low selling when the price goes up but it doesn't matter as long as you can do what is your goal to make ends meet.