A friend sent me .03 BTC - what to do now?

[nelmari]

It really depends on your needs because if you need the money right now then by all means cash it out already! But if you don't need the money as of the moment and are a bit hesitant then you can just encash half of it now then if it goes up then it's up to you if you'll withdraw everything or wait until a certain amount until you'll get all your money.

[emmybd]

If you hold it for long-term, it is highly likely that it can make at least 3x at the end of this year. Another strategy you can adopt is to hold 50 percent and trade with 20 percent and with the rest 30 percent, you can buy high potential altcoins.

[JRACPJRL]

As they always say, invest what you can afford to lose. If you want to invest, analyze the statistics. My advice is take a part, cash it out and leave some for investment. Do this until the price gets higher. There's still a lot of movement in the price for this year.

[akiraho]

You should use coinpayments
You can change the BTC into a doge and transfer it to the BTC trading platform. Why that is so. Because doge has very low fees and very fast transfer rates. You can trade easily without fees. BTC transfer too high.

[bryant.coleman]

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

$500 is such a small amount (as per the current exchange rates, it will be worth around $320). What you will gain from selling those coins? If you are not desperate for money, then I'd recommend that you keep them for the medium-term. Wait for 1-2 years and see how much returns you will get.

[De Suga09]

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

I think as a new holder of bitcoin, you must learn how to use and how to use it intelligently. If you have the luxury of time, you must first learn how it work and by then you can earn more using that amount. However if you are busy  you can just withdraw it and be glad and hope not to regret if the valu of bitcoin will increase dramatically.

[weblaraveluser]

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

The best thing to do right now is just hold your coins because the value of the bitcoins you are holding will probably increase even further more as the time goes by depending on the flow of the market.

[muhammed27aslam]

Invest in good ALT coins like ETH LTC NEO XMR when they are in dip.

[atutay]

You can either hold it until the price increases or you can also send it to a cryptocurrency exchange, buy altcoins and do some buy and sell for profits.

[Mbah Djoko]

With 0.03 btc your friends intent is to introduce bitcoin, you should be happy with it and have to keep adding your balance, rest assured that the future of bitcoin will continue to improve and if you succeed with bitcoin then give bigger to your friend.

[josephine85]

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

It depends on your need. If you need a cash now you can cash it out and use it. But, if you do not need it urgently you can still hold it for a while then cash it out when the value of Bitcoin is high and earn a profit.

[David20182018]

INVEST IN HOT ICO AND YOU WILL MAKE MORE MONEY.

[zedrickjuls]

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

        It depends to you if you want to cash it out your bitcoin or to keep it.If you really need money then convert it to fiat but if that btc means to you and you wanted to be rise soon then you should keep it.

[zngit]

It is better to hold it even it was .03 btc. Btc can be price double on the next month so just keep it. It had already a value, then every time that bitcoin will fall it will fall to, but if bitcoin will rise it will rise also. Better keep it coz only the chosen have btc, not all that wants btc have btc. You are lucky.

[mrayazgul]

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

Better to hold them. You can consider it as an investment for your future. More you hold more the profit you gain. 0.03 isn't much bad as you're thinking. I suggest you hold for a year. Do not sell it right now, because its not a perfect time to sell your btc. You can sell it once BTC reaches its all time high of 20000$.

[zander09]

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

Better to hold them. You can consider it as an investment for your future. More you hold more the profit you gain. 0.03 isn't much bad as you're thinking. I suggest you hold for a year. Do not sell it right now, because its not a perfect time to sell your btc. You can sell it once BTC reaches its all time high of 20000$.

Bitcoin price now are so down so stay hold your bitcoin or you can try trading in small amount, make sure thag before you try you have a knowledge about trading and also about the coin you want to trade.

[musharaf]

The thing which you can do now is to hold this amount and do some job for earning some more bitcoin is a good way to entering in the crypto some jobs are announced daily while you can search in google so if you have many bitcoin then you have to start trading of these coins in the future i think it is a good way to become rich but for this hard work is must.

[aioc]

So long story short, a friend owed me for a favor and since I did not have bitcoin before he asked If I would take it in BTC. I didn't mind since I can cash out whenever.
My question is.. what do you think? Its a decent chunk of money for me to just hope something keeps rising, do you think I should "let it ride" or cash out and just be happy with ~$500?

It's a gift, right? then it's up to you if you want to cash out all, or if you don't need money right now then you can wait you might double your investment if you keep it for at least 6 months provided that bitcoin will have a bull period at that time

[Angi]

just a $500 I know that value is huge but hold man you can double that money if you hold your'e bitcoin a few days or months the value of btc is volatile and no one know when the huge value will come so wait it and don't cash out know its better to think twice before you repent and regrets the value of it.

[bdbalok]

You can Trade