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 for 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 me, since you have reached your goal of acquiring the unit of Bitcoin you want to hold, you can now set your eyes on other things that will give you a good profit. You can set another goal of buying some altcoins that have good use cases and you know they we pump once the bull market starts or still make a real-life investment that will give you money and enable you to hold your Bitcoin for a very long time. 
Topic: What did you do After Reaching your Bitcoin Goal? - page 4. (Read 651 times)
Every human is greedy, there's no goal if we talk about making money because everyone will try to improve and earn as much as possible. Someone might able to completely quit making money if they already become Elon Musk where his business can run without him and he will never go broke because he have a lot money that can make his future 7 generations can live comfortable without working.
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?
Setting goals has purpose and only you know the purpose you set up the goal for. It's as good as nothing if you set a goal to achieve without any purpose. You've finally reached the goals you set and it's now time to use it for the purpose it was meant for from the initial. Life has always been a step by step process and you just completed some steps. You need to take another step by setting another goal in order to continue excelling since life needs can never end.
Reaching bitcoin goal is like when you buy goods from a market and you waited for some time for the goods to appreciate in price and then you sell it again. Mission one is completed and you can not just keep the money like that, either you buy another goods again or you use the money for what you desire in your life such as house, ride or whatever you choose to do it. It actually worth celebrating when target is set and achieved.
you have achieved your goal and now you need to set a more difficult goal than this,
if your goal is to accumulate more and more bitcoins through DCAing, then this is the right time to accumulate bitcoins at low prices,
then, when bitcoin hits a new all time high, you can sell them and make a profit, then diversify your money into safer assets like real estate, gold, bonds, etc.
if your goal is to accumulate more and more bitcoins through DCAing, then this is the right time to accumulate bitcoins at low prices,
then, when bitcoin hits a new all time high, you can sell them and make a profit, then diversify your money into safer assets like real estate, gold, bonds, etc.
I think that when accumulating, it is important to know what the owner wants. Simple conservation without implementing plans makes a person stingy and greedy. If you look at the initial goals, then probably the person wanted to acquire something, but now that the goal has been achieved, the desire for that goal has disappeared. In other words, a person deprives himself of everything for the sake of accumulation. But the question is, why save? Are people really measuring out an endless life for themselves, constantly depriving themselves of everything they need?
As for me, I have been able to acquire several amenities, and naturally, my goals do not stop.
As for me, I have been able to acquire several amenities, and naturally, my goals do not stop.
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?
I don't know what you have set the target for Bitcoin. If you are going to reach your Bitcoin goal too early, it means you set your goal too low, because I don't think the target we have set for Bitcoin sales can come soon enough. However, each has its own strategies and goals. After which he prepares the next step. However, I understand that Bitcoin investors always invest for the long term and set a high profit target.
If you have been investing in Bitcoin every month for the past few years, then your strategy is perfect. Buying in a bear market and investing in Bitcoin on every dip guarantees good returns for the future. Whenever you reach your target, of course you have to wait for the market to fall again so that you can start a new DCA. I think it will not be right to continue DCA without any purpose. Since our target is still far away, we will definitely try to do DCA again, but then we will have to wait for a bear market.The main reason for this is that investing is always done in the bear season when the prices start to go down and during this time investing through DCA is started, whereas you can trade anytime. , but it requires a lot of experience.
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If after achieving your goal you are considering whether to set a new one, it means that the original goal was not of very high expectations. And I'm not saying it's wrong, but in my case for example the goal is to have enough bitcoin to be able to stop working if I want to (I'm not saying I will if I achieve it), and on the way there are partial goals, to reach round figures, and I've already reached some of those, but the last goal I don't know if I will reach or how long it will take because it will also depend on the evolution of the bitcoin price which, as it seems, will not rise as much as in the first cycles.
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.
Congratulations to you because you almost reach your Bitcoin goal with DCA.Quote
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?
Let me challenge you with a question. What do you expect with Bitcoin growth in future and Why do you decide to DCA Bitcoin in last couple of years?If you think its future growth is good and you DCA because you planed to invest in Bitcoin some years, at least one more halving, not only a next halving in 2024, you will some thinking like.
- Will you hold your Bitcoin (in this almost done plan) till 2028 without selling it?
- If you continue DCA, but buying Bitcoin at higher price after 2024 halving and bull run, but don't have enough savings to use, will you have to sell your bitcoin?
If your plan is continuation of DCA but can sell it in next one or two years, I think you can simply hold your bitcoin and use your future income as your saving, it's not necessary to DCA more.
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.
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.
Have you consider investing in other assets such as stocks, real estates, or precious metals?
Setting new goals can help you stay motivated and continue to grow your wealth, could be higher Bitcoin target.
If you believe in the long-term potential of Bitcoin, you may choose to hold your existing investments and continue DCAing for the future.
Setting new goals can help you stay motivated and continue to grow your wealth, could be higher Bitcoin target.
If you believe in the long-term potential of Bitcoin, you may choose to hold your existing investments and continue DCAing for the future.
Worry about not losing them. Whether the wallet (despite it being HW, because of ledger fiasco) i'm using is safe or not — keeping updated with it's news has become a necessity, making sure no one knows the address where I'm holding the funds, making sure I backed up seed phrase properly, backup works and it's at safe place, making regular backups — in case one gets corrupted, checking my address on explorer every morning to make sure my funds are still there.
I bought an apartment with my profits from the last bull run. But I have been holding for a long time, I don't think such returns are feasible anymore for investors that start with small capital and don't use huge leverage (and remember leverage = gambling).
I don't think that there should be some goals tied to Bitcoin investment, this can be really counterproductive if it makes you miss out on profits to wait for this "goal". Better just make as much money as you can with Bitcoin and then see how you can spend it.
I don't think that there should be some goals tied to Bitcoin investment, this can be really counterproductive if it makes you miss out on profits to wait for this "goal". Better just make as much money as you can with Bitcoin and then see how you can spend it.
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?
I never had a set target at first when all gained interest in bitcoin all that mattered to me was just owning a bitcoin not mind the amount I invest in, but then after buying my first bitcoin I felt unsatisfied realizing I need to invest more Soni can own more and that's how I have been on the journey but there's no set goal for it. I just keep buying whenever I can how much I can at each brief period . I think setting a goal can put you on a pressure to meet up the goal on time, and circumstances and challenges happens in life which can chunk into the way of achieving that set bitcoin goal by delay, such things can mount so much pressure on you. So I avoid setting a goal towards bitcoin buying, I buy whenever I can, which at times I could even be privileged to buy 3 times in a month. 
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?
Whether you will have to make another goal or continually DCA without a goal on your mind, you'll still be thinking of something new like a challenge that you have to overcome. That's how it goes usually after hitting the goal that we were able to set before. I have reached a few of the goals that I was able to set but it doesn't end there. Because like what you've said, we can renew it if we want to and be the better version of it and prove to ourselves that we're better than the old goal that we're able to reached.
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?
That's good for you mate as you are doing well and soon to achieve your goals but like you ask the question if I am the one to choose I will definitely set another and moreover I don't even have a specific goals to reach when accumulating money because as far as am concerned bitcoin is actually money and believe I don't any limit to the amount of money that I can possibly get so buying more will probably be my option during the much expected bull run and the only plans I have is fir bitcoin to teach it's ATH . 
It is good that you are almost getting to achieve your goals as an investor. We are all happy for you and, for your question, it is good to get more assets because, since we are still alive and we have children and families, it is better to achieve more than spending the once we have achieved. Besides, if I have achieved what I wanted from Bitcoin, I will still invest in it for my children's sake so they can inherit it in the future to come, and I will also invest in other things like real estate.
. . . Someone like me, even if I have 10 BTC, I will still accumulate more. Because I am not content with that as long as I am profiting, the only thing that can make me quit from investing in Bitcoin is if I have lost more than a million dollars in it. Although I will not be totally discouraged about the investment, I will use another analysis for my investment.
. . . Someone like me, even if I have 10 BTC, I will still accumulate more. Because I am not content with that as long as I am profiting, the only thing that can make me quit from investing in Bitcoin is if I have lost more than a million dollars in it. Although I will not be totally discouraged about the investment, I will use another analysis for my investment.
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?
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.
To be honest, I’m still far from reaching my bitcoin goal. I’m still accumulating bitcoin as much as I can whenever I have spare money, as most of the time my budget is already used up from providing my family’s basic needs and necessities. So right now, my only investment is just focus on bitcoin. But when the time comes that I’m already in good profits with bitcoin, then I would also love to venture on buying properties like apartments so I can have my passive income as well as bitcoin investment may not be considered a passive income.
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?
Always know that bitcoin is not the only potential investments in the market. You could start a new goal through acquiring some real estate or invest in gold. For me, that’s probably my next in line when I come to maximize my bitcoin investment. Although I believe that bitcoin investment has no end, so if you can also add more investments to it, then that will definitely make your life more valuable and meaningful to live with. 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 important to know the reason why are you accumulating Bitcoin. Since you have set your target then if you know the reason behind this accumulation, you can answer the next question.
Most of us are accumulating for profit and when it comes to profit we want it to be cyclical. So my answer would be that when I hit my target amount of BTC, I will wait for the target selling price to realize and sell my holdings. Then rinse and repeat. I would put some of the profit into creating a business to diversify. Since my strategy in profiting in Bitcoin takes a long time, it is good to have a business that can give us profit regularly.
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