Pages:
Author

Topic: What did you do After Reaching your Bitcoin Goal? - page 2. (Read 579 times)

hero member
Activity: 1498
Merit: 974
Bitcoin Casino Est. 2013
I reach my goal last ATH and i guess its a new start before the market starts to pump again I'm expecting to make more than last year, currently accumulating as possible because no one knows what will happen for the next halving, actually its a good thing that we set a goal because that's the reason what are we grinding it for, if you don't have a goal right now you will feel tired there's something lack of motivation, hoping all of us were looking forward for the next profit.
full member
Activity: 994
Merit: 152
You don't ever rest on your pars. When you reach your Bitcoin goal, set another one but a bigger one. Humans need to have a goal always in mind to pursue it is the stuff that gives our lives meaning and a sense a purpose and direction. And with Bitcoin, the more knowledgeable you are the clarity of your goal and vision.

Therefore reaching your Bitcoin goal is the start of another goal. Set it and go get it.

Yes it's true, as you said, we can never stop and setting new goals is a revolving cycle. If Bitcoin's goals have been achieved, then that is a good thing. You need to determine other goals, for example, are you going to get married? then there is a new goal of buying a house, then having children, you need a new goal to increase your income, then when your child starts school, college, and so on. We can never stop from the next goal.

We need to organize our life goals from small to large, prioritizing the goals that must be achieved before others. Goals are good motivation so that we are always enthusiastic and have strong motivation to pursue our dreams in the future
sr. member
Activity: 1022
Merit: 368
You don't ever rest on your pars. When you reach your Bitcoin goal, set another one but a bigger one. Humans need to have a goal always in mind to pursue it is the stuff that gives our lives meaning and a sense a purpose and direction. And with Bitcoin, the more knowledgeable you are the clarity of your goal and vision.

Therefore reaching your Bitcoin goal is the start of another goal. Set it and go get it.
hero member
Activity: 1302
Merit: 522
If you really want to reach some great stages in this life, someone needs to plan themselves well, set goals, and work toward them in order to achieve them. A person who has goals and plans will actually succeed. I am happy for you to have achieved your goals. It is not really easy to set goals and achieve them because, in the process, someone will face challenges, especially in the cryptocurrency industry. It will be better to set another goal once the first one has been achieved; it can be in bitcoin again or in any other way, because it is through goals we are achieving that can keep us moving towards many things we are dreaming of. I believe everyone has different things they are dreaming of achieving in this life, and with those goals, we can gradually achieve them.

Definitely, what your mind can conceived, then for sure you can achieved it as well. That's why setting a goal is very important, just like in crypto. Let's say you want to save or accumulate and DCA so that you can be ready in the next bull run and have huge profits then go for it.

It might be a big challenge though, because day in day out, you need to grind like every week. But sooner or later if you stick with your goals and no matter what, it will be a delayed gratification on your end and you will be happy that you stay with your strategy despite the hardships.
full member
Activity: 434
Merit: 152
I may reach my Bitcoin goal very soon all thanks to majorly the Dollar Cost Averaging strategy. I have been investing some specific amount into Bitcoin every month since the past couple of years. I have been at least 80% consistent in doing that through the dips and the funds and the bears and the pumps. The question that's been on my heart is what do I do when I finally reach this goal: set a new one and DCA or just keep DCAing without any goal in mind. If you have reached reached your Bitcoin goal what did you do after then?

Am still on the process of achieving my goals in crypto currency. I invested some of my money in Bitcoin for long term and i know one day i will reach my goal in crypto but what i reason is that you can not just depend on just one goal, because anything can happen in the process of achieving your goals you can see many challenges. Even if you have reached your goals, you need to find another one to achieve more, it is not easy to be rich you need to work hard, and you should have enough knowledge on what you are chasing in the future before you can be a successful person.

I wish to one day have a wish list like you for fulfilling bitcoin dream of achieving your target. For me, I'm still in tbe learning process of bitcoin, how to secure it and keep it from bad hands and also looking at trading as secondary thing to achieve. I believe the two goes together and it help someone in the future understand bitcoin very well.

Since you have little knowledge on Bitcoin, I will simply advise you to put your money in Bitcoin. And maintain it for a long time, and keep learning, and don't talk about trading now, because people who are trading as already have knowledge about it, and trading is very riskier than investing, you can attain your goals once you've learned more about the market system. If you have a concept and a plans you can even attain your goals without ever trading.
hero member
Activity: 644
Merit: 544
If you really want to reach some great stages in this life, someone needs to plan themselves well, set goals, and work toward them in order to achieve them. A person who has goals and plans will actually succeed. I am happy for you to have achieved your goals. It is not really easy to set goals and achieve them because, in the process, someone will face challenges, especially in the cryptocurrency industry. It will be better to set another goal once the first one has been achieved; it can be in bitcoin again or in any other way, because it is through goals we are achieving that can keep us moving towards many things we are dreaming of. I believe everyone has different things they are dreaming of achieving in this life, and with those goals, we can gradually achieve them.
sr. member
Activity: 1428
Merit: 436
duelbits.com
When someone has achieved a goal in investing, they will apply the same strategy to achieve a new goal.
Sure, we must set a new goal after we achieved the previous goal. However, the strategy may be different because the same strategy maybe not effective to apply for the new goal. we must evaluate the previous strategy, we can use it if it still deserves for a new goal. But if it looks not suitable anymore, I think we are better to change it.

Making a plan from the start will help you get more BTC ahead of the Bullrun, do it slowly to achieve the planned goals. Always make your goals a challenge that you have to achieve, don't be easily swayed by unsupportive market conditions, whatever happens in the market you have to stick to your main goal when investing.
When you made a plan, it should be from the starts, mate.  Wink
Faster or slower to achieve the goal, it depends on many factors. One of the factors is how long to plan for achieving the goal.
If you set a long term target, it should take a few years at least (around 4 years). But if you plan for a short team target, you can reach it in a few months only.

newbie
Activity: 15
Merit: 1
I may reach my Bitcoin goal very soon all thanks to majorly the Dollar Cost Averaging strategy. I have been investing some specific amount into Bitcoin every month since the past couple of years. I have been at least 80% consistent in doing that through the dips and the funds and the bears and the pumps. The question that's been on my heart is what do I do when I finally reach this goal: set a new one and DCA or just keep DCAing without any goal in mind. If you have reached reached your Bitcoin goal what did you do after then?


It's ok to set goals in life however,  when it comes to wealth which Bitcoin translates into, no one ever get satisfied. Everyone wants more even the Legends.
hero member
Activity: 952
Merit: 541
When someone has achieved a goal in investing, they will apply the same strategy to achieve a new goal. Making a plan from the start will help you get more BTC ahead of the Bullrun, do it slowly to achieve the planned goals. Always make your goals a challenge that you have to achieve, don't be easily swayed by unsupportive market conditions, whatever happens in the market you have to stick to your main goal when investing.
hero member
Activity: 2128
Merit: 506
#SWGT PRE-SALE IS LIVE
Set a new one and keep going. There's no exit on this plan.
And the goal keeps going on, when we reach one you want to have another one and that's like us, being typical human beings.
I'll reinvest into other investments and assets that will make money. But maybe after profiting, will go into real estate as it's the best one to have some proof for this inflation and crisis.
sr. member
Activity: 350
Merit: 262
I may reach my Bitcoin goal very soon all thanks to majorly the Dollar Cost Averaging strategy. I have been investing some specific amount into Bitcoin every month since the past couple of years. I have been at least 80% consistent in doing that through the dips and the funds and the bears and the pumps. The question that's been on my heart is what do I do when I finally reach this goal: set a new one and DCA or just keep DCAing without any goal in mind. If you have reached reached your Bitcoin goal what did you do after then?
It is possible to profit from Bitcoin by blindly investing and holding it without doing proper research. But following DCA it brings better results in faster than normal investment. Bitcoin is a strong asset like gold and silver but Bitcoin is more profitable than gold and silver. So there is both profit and fun in investing here. All investments are risky but since the price of Bitcoin rises and falls quickly, investing here is a bit more risky. But DCA minimizes that risk and reduces the possibility of loss. And at the same time it is reasonable and profitable for everyone to follow DCA. I myself follow DCA for investing be it in bitcoin or altcoins
legendary
Activity: 2576
Merit: 1860
🙏🏼Padayon...🙏
I don't know if there's ever an end in our Bitcoin goal? As for me, it seems there's no end goal anymore. You just have to keep stacking Sats. Of course, you will also be spending some of them every now and then, but you will replace them afterward.

I used to have specific goals in the past like reaching a certain amount of coins, but then after that, what? You will continue to add more Sats to it every time you have extra savings. So, perhaps it's better to just remove all those specific goals you have. What's left is the goal to add more.

Why not cash out when the set selling price is met? Then rinse and repeat.  Since the Bitcoin market is cyclical, there is always a window for reaccumulation after selling for profit.  If we look at the ATH of each 4-year cycle, the Bitcoin price always plummets when it enters the bear market.  This is our chance to get Bitcoin at a lower price after we sold our holdings.

Selling our Bitcoin during the bull run and buying during the bear market will not only give us profit but also give us a chance to accumulate more due to the profit after selling our BTC at the target price.

Ever since I switched into cold storage for most of my funds and abandoned all centralized exchanges, I haven't done this anymore. Also, it's actually a lot easier said than done, especially if you're looking at a zoomed-out chart. In reality, it's actually hard to wait for months or even years before you make your next step. And you can still get trapped. I'm speaking of my personal experience at least. Perhaps I'm a little lazy also, staying away from hassles as much as possible. At some point, I just ended up plainly hodling.
hero member
Activity: 1050
Merit: 657
I may reach my Bitcoin goal very soon all thanks to majorly the Dollar Cost Averaging strategy. I have been investing some specific amount into Bitcoin every month since the past couple of years. I have been at least 80% consistent in doing that through the dips and the funds and the bears and the pumps. The question that's been on my heart is what do I do when I finally reach this goal: set a new one and DCA or just keep DCAing without any goal in mind. If you have reached reached your Bitcoin goal what did you do after then?
As much as possible, try to be consistent with the plans you have made. if at the start you plan to collect at least 1BTC. and that has been achieved with the method you use. why not make other plans such as target prices that you can set to maximize your profits.
If you only like Bitcoin, there's no harm in continuing your DCA, but I suggest it be done with your new plan. This means don't combine your new investment with your old one, even with the same assets. This is only to measure the success of your investment. not only the target assets you get but also the profits you get.
full member
Activity: 434
Merit: 141
For sure if I successfully make a good amount of profit here in cryptocurrency or Bitcoin, I would probably reinvest again in the future if I get a good opportunity on the next cycle but personally, the goal is to buy a more safe asset something like a real state, or a passive income like an apartment, or maybe something like a resort, etc.
Re-invest your money is only good if after you got big profit with your initial capital, you did withdraw your initial capital as your saving. After that you can start your re-investing with profit you got and you will consider that profit as your new capital. The initial capital should be stored as your saving, untouched through your re-investing process.

If you re-invest with your initial capital and your profit, you will have risk to lose them all with one or few bad investments.
sr. member
Activity: 1638
Merit: 425
Cashback 15%
I may reach my Bitcoin goal very soon all thanks to majorly the Dollar Cost Averaging strategy. I have been investing some specific amount into Bitcoin every month since the past couple of years. I have been at least 80% consistent in doing that through the dips and the funds and the bears and the pumps. The question that's been on my heart is what do I do when I finally reach this goal: set a new one and DCA or just keep DCAing without any goal in mind. If you have reached reached your Bitcoin goal what did you do after then?

For sure if I successfully make a good amount of profit here in cryptocurrency or Bitcoin, I would probably reinvest again in the future if I get a good opportunity on the next cycle but personally, the goal is to buy a more safe asset something like a real state, or a passive income like an apartment, or maybe something like a resort, etc.

Compared to cryptocurrency it is safer and could provide you with a more stable income than just investing in cryptocurrency and dollar cost averaging waiting for the Bullrun which would probably take years just to guarantee a big amount of profit.

A lot of investors just doesnt realize that cryptocurrency is still a very risky investment at any moment we just doesnt know if it is still gonna continue or if is it still going to exist in 2030 or 2050. Probably? but the market price of it is just depending on the supply and demand in the market so it still wasn't a guarantee, So as the goal of investment is to make a profit so at a fair market price you should sell your investment, probably the longer you're waiting the riskier it is, but theoretically, it should increase its market price in the future.
full member
Activity: 1498
Merit: 132
BK8 - Most Trusted Gambling Platform
The question that's been on my heart is what do I do when I finally reach this goal: set a new one and DCA or just keep DCAing without any goal in mind. If you have reached reached your Bitcoin goal what did you do after then?
When I have achieved my goal or target with Bitcoin, and have taken profits and earned enough money for me, yes I will continue again by setting the new one. In this case, we can finally cash out the profits we generate along with the capital from Bitcoin investments after waiting a long time. However, in the future, the money will not be 100% cashed out but will be used in part or several percent to invest again using the DCA system when a bearish market occurs.
legendary
Activity: 1946
Merit: 1157
Undeads.com - P2E Runner Game
I may reach my Bitcoin goal very soon all thanks to majorly the Dollar Cost Averaging strategy. I have been investing some specific amount into Bitcoin every month since the past couple of years. I have been at least 80% consistent in doing that through the dips and the funds and the bears and the pumps. The question that's been on my heart is what do I do when I finally reach this goal: set a new one and DCA or just keep DCAing without any goal in mind. If you have reached reached your Bitcoin goal what did you do after then?
After achieving your goals in bitcoin it doesn't make sense to go rest, what is supposed to be next is to set another goals by going through another circle of investing. This is a goal that is very profitable and their shouldn't be a retirement so quick, the purpose of bitcoin is to help one to become financially, that's is why when a goal is as achieved in bitcoin to be financially stable it is good to still repeat the same goal to become more financial stable. The main goal from bitcoin is to get value.

If one's current goals are already achieved with bitcoin, it seems too soon. We still have quite a long way to go with bitcoin. Seeing the price of Bitcoin still dropping to the $25,000 price area is even a new opportunity to start entering and retargeting new goals with Bitcoin. This investment will be a long-term investment and will continue to be repeated if the first goal is achieved. There are still many other coins that can be chosen to support the main goal with Bitcoin. Take advantage of all existing potential to maximize your profits.
hero member
Activity: 966
Merit: 573
God is great
I may reach my Bitcoin goal very soon all thanks to majorly the Dollar Cost Averaging strategy. I have been investing some specific amount into Bitcoin every month since the past couple of years. I have been at least 80% consistent in doing that through the dips and the funds and the bears and the pumps. The question that's been on my heart is what do I do when I finally reach this goal: set a new one and DCA or just keep DCAing without any goal in mind. If you have reached reached your Bitcoin goal what did you do after then?
After achieving your goals in bitcoin it doesn't make sense to go rest, what is supposed to be next is to set another goals by going through another circle of investing. This is a goal that is very profitable and their shouldn't be a retirement so quick, the purpose of bitcoin is to help one to become financially, that's is why when a goal is as achieved in bitcoin to be financially stable it is good to still repeat the same goal to become more financial stable. The main goal from bitcoin is to get value.
full member
Activity: 1176
Merit: 165
★Bitvest.io★ Play Plinko or Invest!
If I could eventually hit my Bitcoin goal then I will have to start up a new goal, but hold a second, what’s even my set out goal for bitcoin? To be honest I don’t even have a specific goal set out for Bitcoin talk more of trying to reach them, then only thing which I have set out is to be able to accumulate as much Bitcoin as possible till God knows when depending on my financial capabilities, maybe having 0.1% of the entire supply could be a good start for a big dream/goal  Tongue .

Just the same way that our needs/wants are insatiable, that’s how we can never be satisfied with our goal with bitcoin, even when we have reached out one goal, and it happens that we still have the financial capacity then we will have to keep on setting up another goals until we see no more goals to set and to be achieve .
legendary
Activity: 2898
Merit: 1152
I don't know if there's ever an end in our Bitcoin goal? As for me, it seems there's no end goal anymore. You just have to keep stacking Sats. Of course, you will also be spending some of them every now and then, but you will replace them afterward.

I used to have specific goals in the past like reaching a certain amount of coins, but then after that, what? You will continue to add more Sats to it every time you have extra savings. So, perhaps it's better to just remove all those specific goals you have. What's left is the goal to add more.

Why not cash out when the set selling price is met? Then rinse and repeat.  Since the Bitcoin market is cyclical, there is always a window for reaccumulation after selling for profit.  If we look at the ATH of each 4-year cycle, the Bitcoin price always plummets when it enters the bear market.  This is our chance to get Bitcoin at a lower price after we sold our holdings.

Selling our Bitcoin during the bull run and buying during the bear market will not only give us profit but also give us a chance to accumulate more due to the profit after selling our BTC at the target price.
Pages:
Jump to: