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.
I think you should not withdraw your profits from Bitcoin right now.And you should wait a bit to go between $35k and $40k .Because it is more likely that Bitcoin can touch the figure of $40k soon.And maybe from there Bitcoin will come back below $30k.And the more likely experts are estimating it could be between $20k and $25k again.Selling bitcoins at this point may deprive you of further profits.Because Bitcoin is such a cryptocurrency that you shouldn't have any problems if you hold it with you.Bitcoin is the only cryptocurrency with the lowest risk of capital loss.In the rest of the crypto currency market if you get profit you should exit the market immediately.Because other cryptocurrencies are not sure what will happen to them tomorrow.But Bitcoin should never be sold at a small profit because it is a cryptocurrency that can be fully trusted to give you a good profit in the future.In the past, those who held Bitcoin enjoyed a handsome return.I am currently in profit in Bitcoin myself but will take profit when Bitcoin crosses $35k.Because I'm thinking, if I sell bitcoin now and it goes up, I'm going to lose a nice profit, but if it goes down from here,So I'll put it on hold and it'll come back up soon.