You can set your target and maybe not achieve what you have set and then reset your target, the market is very volatile as so you may also continuously have to reset your target.
I believe the long term investors would be the one to benefit most, Bitcoin is solid so the risk involved in it is also low, it’s best to set long term targets when dealing with Bitcoin.
Topic: do not exceed your targets - page 3. (Read 412 times)
What kind of bull run are you referring to? We are still in the price correlation of bitcoin and are not yet in any bull run. Don't jump to the conclusion that this year's bull run in bitcoin starts at the $30k price point.
There is nothing wrong with someone setting their target price of bitcoin higher than they actually intend to sell it for if they believe the market will continue to grow but later run it didn't.
One thing about investing in bitcoin that I can say with certainty is that, as long as you can hold on to your bitcoin assets, you won't be at a loss even if the price of bitcoin doesn't rise as quickly as you had anticipated.
With time and patience, the target price will undoubtedly arrive.
There is nothing wrong with someone setting their target price of bitcoin higher than they actually intend to sell it for if they believe the market will continue to grow but later run it didn't.
One thing about investing in bitcoin that I can say with certainty is that, as long as you can hold on to your bitcoin assets, you won't be at a loss even if the price of bitcoin doesn't rise as quickly as you had anticipated.
With time and patience, the target price will undoubtedly arrive.
The recent push for the chart upwards has been a bit slow but not such a drag that we don't believe that Bitcoin will hit a high.
To be able to reach the target, it takes a strong patience.
The market is very vulnerable to ups and downs which makes many analyzes not as precise as predicted.
Today the price of 1 BTC $28K, not necessarily tomorrow the price will be the same. Sometimes it can increase and can be under $28K.
To be able to reach the target, it takes a strong patience.
I'm saying this because of some people who may have a target, it is important for them to hodl to their target and not be carried away by the increase of price of the market. The market can never be predicted, hold to your target and never be too greedy to make more profit. There is another day for another profit. This is important for people who have been patiently waiting for their target .
This kind of thinking needs to be maintained because it will lead us to a goal.The market is very vulnerable to ups and downs which makes many analyzes not as precise as predicted.
Today the price of 1 BTC $28K, not necessarily tomorrow the price will be the same. Sometimes it can increase and can be under $28K.
If it is already your decision, any positive suggestion will not affect your resolve. Your belief in the price of Bitcoin will penetrate the price of $ 30k is very reasonable, previously Bitcoin has reached $ 64K on April 14 2021 which is the highest price of all time.
It looks like you have to hold assets in your wallet longer to reach the desired target, anyone will never doubt if the decision is unanimous, only time will make your target achieved. Good luck with your decision.
It looks like you have to hold assets in your wallet longer to reach the desired target, anyone will never doubt if the decision is unanimous, only time will make your target achieved. Good luck with your decision.
therefore it is important for you to manage your investment planning from the start. I mean if you have a plan to sell an asset at a target price, then you can stick to it. but if you have a plan on a time target or the accumulation of the number of assets you have, you also have to be consistent about doing it. this will not be easy for a beginner, but it will be profitable for those who manage to stay consistent with what they planned from the start.
I have learned something so important in the previous bull market that got to about $30k . When the price of bitcoin was $21k I bought some bitcoin and after getting this amount of bitcoin I had target if it gets to $30,000 I will take profit, luckily it got to the price I was targeting but I was reluctant to take profit like I planned thinking the market price will go beyond $30,000 to get more profits but unfortunately the price didn't continue to increase, but I'm not worried about that because I know the price will definitely increase again and I will get my profit of target.
There's nothing like exceeding your target in that if truly you understand that the Bitcoin market price will rise again and the recent dump in price that happened was just strengthen the market's bullish momentum. Therefore, if you are planning to set a target now when the market is yet to reach a new ATH price you may make a worse mistake, and to prevent that from happening I will advise you to hold for at least a year. 
If it's bitcoin, maybe everyone has a very high selling price target, especially since the price of bitcoin has reached almost $ 60k. So people might have a sell price target of over $60k, maybe over $70k-$100k so they won't sell their bitcoins until they reach their target price.
But some will still hold their bitcoins even though maybe the price has reached $100k but they don't sell their bitcoins. That's probably because they realized that the bitcoin price could go up to more than $100k so they're still holding on to the bitcoins.
So set your selling price target and wait patiently while accumulating more bitcoins, especially in times like today. If you can keep buying at the low price you are now, you will have more bitcoins and if you sell at your target selling price, you can make a very high profit.
But some will still hold their bitcoins even though maybe the price has reached $100k but they don't sell their bitcoins. That's probably because they realized that the bitcoin price could go up to more than $100k so they're still holding on to the bitcoins.
So set your selling price target and wait patiently while accumulating more bitcoins, especially in times like today. If you can keep buying at the low price you are now, you will have more bitcoins and if you sell at your target selling price, you can make a very high profit.
I'm saying this because of some people who may have a target, it is important for them to hodl to their target and not be carried away by the increase of price of the market. The market can never be predicted, hold to your target and never be too greedy to make more profit. There is another day for another profit. This is important for people who have been patiently waiting for their target.
From all indications and predictions next year will be better in the Bitcoin space. I know it is not certain because the price is affected by so many uncontrollable economic and political factors but I believe 2024 will bring more profit, so you have not lost anything. You just have to restrategize and set your benchmarks again.But like you advised greed can make us miss great opportunities to make profits. That is why it is better to always follow our investment plans. If your plan states that it is time to sell, you should obey because delay might either lead to loss or a lucky gain.
It is one of the best strategies to have a target where as the best target is to hold for a longer time but short targets aren’t bad either. I don’t blame you for getting a little greedy when the price was on an increase it was Human. Sometimes I feel when we set target we can Atleast twerk it to gain more if at all the money you invested isn’t an amount that would be of a problem if it runs into loss. But if the money is for a specific purpose and one invested it into bitcoin with a target which is tricky it is better to withdraw immediately the target is met.
Regardless do not invest into bitcoin to get a profit at a certain period because the market doesn’t actually have a specific trend.
Regardless do not invest into bitcoin to get a profit at a certain period because the market doesn’t actually have a specific trend.
I think you should edit and correct your figures; $30 is different from $30,000.
One thing is to have a target; another is to hold onto your decision. If you eventually meet your dream target and, out of greed to make more profit, you miss the chance to sell at that price,
To me, it's advisable for you to hold your coin and never sell low, because selling at a lower price when you have already seen a higher price might make you look like a fool. At some point, it's good to sell below your target if you see that the market is dropping. In order to stop losing money, you can sell below your target.
But it's always good for you to hold onto your target very strongly; don't allow greed to control you.
One thing is to have a target; another is to hold onto your decision. If you eventually meet your dream target and, out of greed to make more profit, you miss the chance to sell at that price,
To me, it's advisable for you to hold your coin and never sell low, because selling at a lower price when you have already seen a higher price might make you look like a fool. At some point, it's good to sell below your target if you see that the market is dropping. In order to stop losing money, you can sell below your target.
But it's always good for you to hold onto your target very strongly; don't allow greed to control you.
I have learned something so important in the previous bull market that got to about $30k . When the price of bitcoin was $21k I bought some bitcoin and after getting this amount of bitcoin I had target if it gets to $30,000 I will take profit, luckily it got to the price I was targeting but I was reluctant to take profit like I planned thinking the market price will go beyond $30,000 to get more profits but unfortunately the price didn't continue to increase, but I'm not worried about that because I know the price will definitely increase again and I will get my profit of target.
I'm saying this because of some people who may have a target, it is important for them to hodl to their target and not be carried away by the increase of price of the market. The market can never be predicted, hold to your target and never be too greedy to make more profit. There is another day for another profit. This is important for people who have been patiently waiting for their target .
I'm saying this because of some people who may have a target, it is important for them to hodl to their target and not be carried away by the increase of price of the market. The market can never be predicted, hold to your target and never be too greedy to make more profit. There is another day for another profit. This is important for people who have been patiently waiting for their target .
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