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

[assyla]

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?

For me, it is up to you if you need a big money and start a small business or it can be invest your bitcoin or be part of the trading activities which you can get a much higher profit, but just like what you said you are newbie in bitcoin so i think before you go with this kind of stuff just asked your friend that you are willing to be part of the bitcoin community.

[roshanface123]

If you have an emergency for cash then you may take out it or transfer it into fiat money.Otherwise, you may treat it as an investment. Because bitcoin is one of the best cryptos in the crypto market.It returns a huge return on your investments, so try to hold it for a long-term it makes amaze you through its return on your investments.

[Rosilito]

Hold it or sell it I guess or well, if you want to make more bitcoin you could do that thing hold it then sell it to make a profit, or just hold it and make more bitcoins by mining or joining some stuffs in this forum. You are lucky to have a friend like that giving you some bitcoin without thinking twice, I am hoping to have a friend like that.

[Kadal Ijo]

You are lucky because there are friends who send 0.03 btc or about $ 200, if I get 0.03 btc then I will keep in the wallet safe and I will add by way of buying, I am sure that the future of bitcoin will continue to improve.

[SergeYak]

You know, it's bed idea to spend $500. At my opinion better to wait a little and check market sometimes because everyday you have a chance to get more from it.

[adriaymati58]

I say you should keep them even if is not much. The price can go higher and you can invest even more than that

[Zapto25]

I agree if you hold it up to $ 20,000 it is pantastic value, you better invest long-term, still waiting for you will get a lot of profits sure it

[tegarp90]

send it to me now.
LOL just kidding.
With the current condition of markets, you should be able to choose any coins that you like and buy it because all coins is in discount price right now XD

[lutfor]

It's completely depend on you. If you need urgent money or like somethings then you can sell your bitcoin. But if you want more profits & have strong believe on bitcoin then just hold it until good time is coming. Hope you will not disappointed for this decision.

[eloymjb]

 if you ask me on help well i suggest to use it on capital for trading. but first study on which coins you want to buy, make some research on what platform you want. and study on how trading goes by. visit some exchange and monitor the flow of the market.

[kmlhsan]

You can invest it at any project which are helpful for people. It will profitable for you. There is so many project related to btc. You can invest here.

[Joylee]

Of course you have to wait while it grows, it's a chance to make a profit, a good investment.

[Hans17]

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?

Well the .03 btc is equal to 206 usd and probably i suggest to hold it though , the price of bitcoin seems low almost 6k usd so better to hold it or invest it on eth or ltc.

[AnnPP77]

may b use for trade. u must learn where wgen to invest & withdraw

[Englebabylove]

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?

If you have 0.2 bitcoins now, I think you can choose to keep it. It's not a big deal right now, and you don't really need it right now. You can keep it all the time, don't look at the price of it, and after many years, you'll find that the price of bitcoin becomes very high, and your 0.2 bitcoin becomes a lot of money.

[Lintel]

Of course you have to wait while it grows, it's a chance to make a profit, a good investment.

true, you have to hold it and wait for the right time to sell because as of now the market is still red meaning the value of bitcoin now is still low. you can also hodl that and invest it as a long term investment it would be safe if you will do that.

[Kittygalore]

Pretty much right now the value of that deflates because of the price decrease that is happening to Bitcoin. I say just hold it for a bit more and you'll get to sell that in a higher value because of the price hike. You can also buy and hoard some Bitcoins right now because it is price drop anyways. By doing this you will have a higher chance of getting higher profit in no time. Be patient with those Bitcoins it will pay off.

[Musstang]

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 did not read the whole topic, but I'm sure most of you were told to hold.
I think that you yourself should decide, if you  need this money urgently, you can withdraw if you do not urgently need money to wait and earn more than 500 dollars.

[ikiscream]

this really depends on anda.itu your money you want to make money or you severally in btc, human response must be different in different core you need him or not. that from yourself

[Jannatul Shefa]

You should invest it any profitable or helpful campaign. It can give a good amount of profit. In this forum there is so many profitable project. Where you can invest your Bitcoin.