I have a have two buttons on my profile page one for editing the profile and one for posting status updates but I am wondering how I hide these two buttons when a user is logged out
Look at the code on this tutorial about buttons being shown and hidden when user is logged in or logged out and use the code for what you want to do.
https://support.wix.com/en/article/corvid-tutorial-building-your-own-members-area
Wix Users API Info:
https://www.wix.com/corvid/reference/wix-users.html
https://www.wix.com/corvid/reference/wix-users-backend.html