Bitcoin Forum

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?

When you achieve your dream/goal, it is time to set a new one.

Your next goal does not have to be to acquire more bitcoins, could be to buy a different asset which has good potential. You can also look to venture into a new industry or keep it simple and acquire more bitcoins so you are in a better position by the time the next bullrun rolls into town.

The discipline and knowledge that comes with long term purchases and hodling is not one that comes easy at all. Great work achieving your goal.

- Jay -

It all comes down to your objective. Personally, I aim to gather as much Bitcoin as I can. Once I achieve that, I'll set a new goal. Achieving these goals will require patience and time. If you're not patient and constantly worried about market downturns, you might not reach these goals.

Holding and owning Bitcoin isn't easy, you need to know how to manage, secure and deal with the risks involved during this process of acquiring Bitcoin.

Hey OP! What do you mean you reached your goal? Are you saying you have enough Bitcoins and no longer feel the need to acquire more? I do not think I have ever met such a person in this area.  :D

Jokes aside, I believe un_rank's point is spot on. Once you achieve a goal, it is a good idea to set yourself a new one.

Generally you cannot live life just having one goal, yes it’s smart to have one attainable goal at a time but once you reach it, it’s expected that you aim higher and start another challenge for yourself. It’s like ranking up in bitcointalk, Legendary is the highest rank and the ultimate goal for a beginner but we set little goals like reaching full member and immediately our eyes on the next rank when we get there. That’s my opinion btw, some people goal may be to have a certain amount of bitcoin that will be enough for them to buy a boat and retire to the Bahamas. I wonder what your bitcoin goal is that you have come very close to achieving in such a short period.

Keep it as it is as since you already achieved your goal but don't forget to set a new one or should I say step it up more like upgrade what you already achieved like buying more Bitcoin or you get yourself involved in new thing such as new asset. Take what hatchy explained where you will focus on getting more Bitcoin even though you already have achieved your goal like getting Bitcoin (certain amount) and you will get more what you have planned already. I think you can get more Bitcoins even though you have set a new goal.

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.

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.

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 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.

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.

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 .

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 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 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.

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.

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.

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.

Congratulations to you because you almost reach your Bitcoin goal with DCA.

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.

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 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.

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.

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.

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.

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.

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.

I'm glad you will soon reach your Bitcoin goal, proving that you are almost there. My next suggestion is to get ready for the arrival of the bull run and you can determine at what price you will sell your Bitcoin. And remain patient if the price cannot reach your target price, especially at times like this.

My other suggestion is that if market conditions are still like this until the end of the year, you can continue using DCA until the end of the year. Maybe it will exceed your plan for doing DCA. But that's okay because you can also have more Bitcoins.

I'm still on the road using DCA and'll probably keep using it until the end of this year. That's what I suggest to you. But everything will return to you because you must decide for yourself.

Obviously reaching a round number is always great but it’s a constant fight to either stay at that number or reach the next one. Just be happy knowing that you are in bitcoin early enough for it to make a real difference to your life. Keep stacking & don’t get too hooked up on round numbers or certain targets. Simply by being in bitcoin now, you are halfway there to making it.

Human needs can never be satisfy and that is how my bitcoin goal cannot be satisfied,no matter how many bitcoin that i have accumulated. I have chosen to make bitcoin as part of my life just like the way that i cant do without fiat. The only thing that i know for sure is that at every bull run, imay be tempted to sell little fraction and continue hodling with DCAing on my bitcoin investment portfolio. I have planned to achieve so many bitcion as possible so that my kids can inherit it when i have gone to meet my ancestors. it is all up to you to decide on what next you will do after you have achieved you bitcoin target goal because we all have our different goals.

Make another goal and increase your target, or stop investing.
Honestly, investing is gonna be addictive especially if you are consistently doing this and seeing it is profitable. Because for me, after reaching my goal, I'll be making another one and another. I'll keep investing not because I was not contented but it is because I consider this as a good source of income. I'm sure nobody can afford to lose the opportunity knowing that it gives you money and a better life, it certainly you'll be sticking to it and continue doing.

Maybe I should say this that you aren't seen anything yet bigger than your expectations only if you can wait and hold once more to experience another halving coming next year whereby the market will get to another new all time high, this period is still serving as an accumulation stage since we are still in the bear market and we also still appear more distant from the all time high of $68,000 all these are what you can consider to hold to hit the utmost priority for your own benefits only if you can see it this same way coming by not releasing yet.

We will always appreciate the steps forward you are taking and I think this method can also be used by most other people, especially those who don't have large capital to start investing. DCA always provides opportunities for anyone who wants to invest and if they can apply it regularly they will reach a good stage in their investments.

When you have obtained maximum profit from this investment, what you need to do is try to create several other steps to fulfill your reinvestment in Bitcoin. DCA can be applied regularly even if you have made large profits from previous investments because there is no time period to do it and DCA will always be profitable to do. You can also take big buying opportunities when bitcoin experiences a decline as a big accumulation move in long-term investments and all you need to do is study at what price this is done.

If you have skills in the business sector then applying business in your life will also look good because you will have several niches of income in life. This is the pattern of rich people in making their financial resources increase in several sectors and not being stuck in just one place which will make they survive in comfortable conditions.

Personally based on human attitude, there are not any one have reached their goals with investing in Bitcoin and keep trying accumulated as much possible in the future although they have many bitcoin in their wallet. I want to be financial freedom is my goal and keep investing in Bitcoin every day before earn income at the future and bitcoin success raise to higher price. First thing can make my position success reach goal with investing in bitcoin want to see again price up above $60k and looks will enjoy my daily day with selling bitcoin and have been in financial freedom condition.

But don't look with bitcoin current price and make all of you disappointed for investing in bitcoin, keep forward with the future possibility bitcoin will back to higher price and our daily investing in bitcoin will worth and have higher values in the future.

To be honest, I have only one goal. Which is to time the market correctly. Which I know is not possible, but you say what your goals are, so this is mine. After that, I will try to book the profit and sell all of my BTC. Because after a bull run (after halving, there comes a bull run in which BTC makes its ATH), there will be a bearish cycle too.

And for that, I must have some fiat in my hands too. No doubt, the BTC might not come to the lower points as it has now. But still, the price of BTC will fall after touching the ATH, and at that time I will start to do DCA again. And then repeat the process. If things go right for me, then I might spread my investment into some ALTs, but till then, I said good-bye to ALTs.

PS: I think we should first focus on our goals rather than thinking beyond something that has not yet come. Be realistic, but yeah, having a plan for another plan is also a good thing.

I don't think there really is "reaching a goal" for me. I will always be working on something or another until I am no longer able to work. Some of the things I produce will be worth some sats to some people so I will accept bitcoin as payment for them.

Naturally, there will come a day where I spend bitcoin on buying goods and services but as long as I spend less than I earn, I will have plenty of bitcoin for as long as I live and I can pass some along to any loved ones after I die.

I guess my goal is to always be earning some bitcoin and always be spending some bitcoin on things I need/want or to grow my local community.

If your goal was just to have say 1 BTC and you finally achieved it or are getting close to it, the question that arises is whether you did all that just to get to that number, or do you think that keeping your value in Bitcoin is better than in your local currency? If the answer is the latter, then you will continue with DCA according to your capabilities, even without setting yourself a new goal, although it is never bad to motivate yourself.

I think the decision is up to you, but whatever you decide, you can hardly go wrong because it seems to me that you are going in the right direction ;)

I did not really have a fixed target for myself because there is no amount of Bitcoin I would have accumulated today that will make me to stop accumulating Bitcoin. My approach have always been to secure certain amount of dollar worth of Bitcoin in a certain period of time(which is what you mentioned as DCA). 

As a matter of fact, Bitcoin is one of the major asset I intend passing on to my heirs, so the more I have it, the more the fortune I will give to my heirs. This post (https://bitcointalk.org/index.php?topic=5462812.msg62676256#msg62676256) was where I made inquiries on how this can be done and I received wonderful suggestions that I am studying to be able to implement them.

My approach may be different from others but I see Bitcoin like a treasure and I don't see the need setting an overall fixed target.

Congratulations for reaching your goal (at least, soon)!

In my case, I'm still far from reaching it, but when (if) I do I guess that my life with financial independence will (would) be much easier. Most of us live a life in which it is almost mandatory to get a credit to buy a car or, at least, a house, and I see how most of my friends get mortgages for 30 years, mortgaging not only their home but their life.

I hope that Bitcoin will save me from such a fate.

I don't get what you mean by goal, is it the amount of your fund or is it the profit you made from your investment. I don't know if we have the same understanding about DCA, but as far as I know when you do DCA, you are supposed to invest the same amount of money into an asset regularly, regardless the market condition, I don't think there is any goal to be set in DCA.

Reaching one's bitcoin goal depends on what one sets as one's goal. For me, if l reach my bitcoin goal, l will set and pursue another.  Normally attaining one's goal is not an easy task and chance. One has to make serious endeavor, after which one will leave it to what circumstances will bring. However, it is good to continue to get along when one goal is reached, in order to encounter more useful result.

What happens next I forget the first goal and move to the 2nd goal, and so on. As long as we still have the chance, we can't just stop from our first goal but instead continue and make other achievements. This is really what it tells us people that we are somewhat greedy and want more achievement in life but I understand, it is our reputation as well. We can just stop at 1Bitcoin and limit ourselves if we know that we can still do it. In fact, we have given the chance either and I believe it was not reasonable to reject it.

That's right, OP. After reaching your goal you set a new one. That's exactly what I did.
I sometimes feel like a collector, since it has some of that vibe when you're in a campaign and get a few coins every week. Feels like adding to your little piggy bank :D

Right now my goal is to keep adding and holding until the price is decent and I usually see 50% of the last ATH as a pivot point. Before that it's accumulation time and after reaching it I slowly start thinking about spending.

I don't even have a goal for now, maybe in the future when I'm able to accumulate the amount of Bitcoin I've been longing for to make me the kind of person I intend to be. It is a good thing to be a Bitcoin investor and trader at the same time. I ought to make and earn good amount from being a Bitcoin investor since the market is open to everyone that are interested to ride on the journey to the moon. Bitcoin has been the power house of crypto market and it is going to keep up the moment for as long as possible so everyone of us that are investors still have more to benefit.

Seems like it’s still uncertain as to when I’d be able to hit my bitcoin goal. Although I’m into DCA, but since I only have less amount of money left from my salary, then I’m only buying a little amount of bitcoin every time. However, if asked what’s my next goal after bitcoin, I think as long as it remains profitable, then I will never get through with it. I will surely accumulate into another set of bitcoin and maybe diversify some of my profits into real investments that will provide me passive income in the future.

After you have accomplished your initial objectives, the following level of application is for you to begin and considering how to establish a new asset. Because you can be sure that now that your goals have been attained, you want battle for any other goals. No, now is the time to put in some effort and invest in a variety of endeavors so that your future successes will exceed those of the past.

That's it - the average investor will rebuild his investment portfolio after getting a return from his first investment. The desire to have more and more will always be there so that we will not all be satisfied with just one achievement, even if it is a large amount.

As long as the opportunity to gain returns from investment still exists - it is only natural that people will continue to take advantage of it. Someone who has made millions of dollars in returns on bitcoin will very likely re-build their portfolio when the price of bitcoin has fallen deeply - that's an opportunity for them, as it is for us.

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.

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  :P .

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 .

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

When you made a plan, it should be from the starts, mate.  ;)
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.

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.

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.


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.

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.

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

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.

I am not even sure that I have a bitcoin goal. My own is just be doing DCA until there is a new ATH. I don't know whether to call this a goal. If it is a goal that means I have not achieved my goal.
If my goal is not good enough can I change it? I don't even know what other goal to take  because I feel I am on the right lane till bull run.

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Op, if you have met your goal, try and set another, if possible somewhat long term goal now that bitcoin price is still on discount.

Bitcoin is limitless for me so I don’t think my bitcoin goal has certainly an end. In fact, my goal is to never stop collecting bitcoin until all my spare money are used up. Through DCA, even if my purchases are not that big, at least I’d be able to continuously fill my portfolio with bitcoin. When time comes I’d be able to gain maximum profits, probably I will also start buying some properties in the center of the city so that I can use them to gain passive income once commercial businesses start renting on my space.

Once you achieve your BTC goal in the community, I think the next step to take is how to establish many companies that will create more opportunities that will allow you to have surplus money to do anything you desire for life. I don't know the year I will achieve my BTC goal because, am still struggling to hold BTC like 4 years before I will sell, and whenever I try to hold long for the price to reach higher before I will sell, something like family challenges will occur that will make me not to reach my goal. And even though the price of BTC reach $100k soon , I don't think I will reach my goal because am a type of person that like to buy BTC whenever the price decrease from the market.

You should also make a good price plan so that you can consistently achieve it. If you like buying on dips, now might be a good time for you to gradually accumulate more Bitcoin.
if previously your investment was disrupted due to family matters. Just a suggestion, reduce the portion of your Bitcoin investment and save part of it as reserve funds. These funds are what you can use when you experience needs beyond your plan. and it will not interfere with you in achieving your Bitcoin investment goals.

Unfortunately, my Bitcoin goal isn't been reached yet, but the good thing I guess is that, after reaching my first goal, I already have a 2nd goal. :)

What's my 1st Bitcoin goal? Reaching my crypto portfolio to $20,000. It's hard knowing that I'm dollar-cost averaging only, and I do only buy and hold, and isn't trading, but hey... it's still achievable right? I'm also trying to add another income source already, so that I can add some of it to my monthly investment.

What's my second goal after reaching my first one? Helping others, and I'm not saying helping people, but helping animals. Kind of weird, and I already said it here I think once or twice, but that's my 2nd goal. TBH, I'm trying to help, but still have a tight budget at this moment. I mean the feeling of helping others. :)

Well, to those who reached their goals already, congratulations for you. Don't stop reaching your goals to those who are like me who are still reaching their first goal, and to those who reached it already, make another goal again.  :)

In my opinion, applying the DCA system to bitcoin purchases is a good technique. So my suggestion is that before the bullish market arrives, you can continue to make purchases using the DCA technique. Because it is very likely that this will have the potential to generate profits when the bull market comes. And one more suggestion, regarding goals or targets, you should be able to determine them from now on. Like deciding to sell the bitcoins you have at what price. Because by having a goal, your bitcoin investment will definitely be more focused and measurable.

If I have reached the target (price) in bitcoin investment in this phase. Of course I will sell the bitcoins I have first. After that, I will set aside the capital I used when buying bitcoin, to buy it back into bitcoin, when the price of bitcoin starts to fall again. And I will use the remaining money from selling bitcoins for my investment capital in the real estate sector. Maybe that's generally what I would do.

Could one's bitcoin goal actually get fulfilled completely, when we invested ad make return then sell, we also try to enter into another market and so we keep moving, bitcoin is not a one way direction currency we can do at once and forget about it, we keep investing in it repeatedly over time and we continue to have more reasons to continue with bitcoin, one thing that should also be considered is in knowing how bitcoin rises in value and remain consistent in it, this places us with using bitcoin each time in getting our goals achieved.

Maybe I could say that I was greedy because after reaching my goal, I made another one higher. But I think it was normal for someone who is still alive and wants to secure the future of their kids and family. It is normal thinking and we just stop making another plan when can't do anymore. So if I reach my goal of getting 1BTC and if I still have the chance, then I'll be getting it. With the use of the DCA strategy, it seems to come to reality but yes, it needs passion and dedication for this will not going it happen if there is no execution.

You are investing bitcoin every month or when you have money in hand, but you have not shared in your post what your goals are with this bitcoin. You have not shared anything here about how long you will invest in bitcoins or how long you will hold your bitcoins. However, since you have continued to invest in Bitcoin so far, I believe that you may continue your investment for a longer period of time and hold your investment for a longer period of time. Set a goal in life.  
Think about what you will do when you get a profit from this investment at the end of a certain period of time. When you sell all your investments at a good amount of profit, you can wait for a good time again, if the market comes back in a good condition to invest, then you can certainly invest at that time and hold it for a long time. This is how you can move forward with your investment.

A good strategy, you really have to be realistic with your investment and investment goals. If the target has been achieved then it is time to take profits and your capital. and the remaining proceeds from selling Bitcoin will go into new bitcoin investments at lower prices as well as other investments such as Real Estate. Investments will grow and not just be in one basket. This is an example of the correct application of diversification, because diversification is not only on one investment platform but on different platforms which can also provide large profits.

It all depends on the goal that you originally set for yourself. And if your goal was to use the money to buy a car and you collected enough bitcoins for this, then you should sell them and pay for the purchase of a car. Well, after that, you can set a new goal for yourself...

Do you mean your current goal isn't reached yet?
Since you already joined this forum since 2017, I'm sure you already reached your Bitcoin goal in 2021 at least. There is a huge gap between the Bitcoin in 2017 and 2021, every Bitcoin holder should reach their goals at that time.  ;)

Sure, I also already plan my next goal if I get my current goal in 2024-2025. The goal will never end, we always plan another goal or a new goal. As long as we are investing in Bitcoin, there should be new goals in the future.

No, it is not greedy. It is normal to plan a new goal if you already reached the previous goal. There is no people who keep Bitcoin without a goal (target). Everyone has the intention to have a better future, setting a higher goal is the way to make it real. I also will plan a higher goal, it is okay as long Bitcoin price continues to grow.

My goal of $20,000? Reached in a span of 4 years? No I didn't even reached it yet though I reached half of it during the last bull run, that was impermanent profit, and unfortunately I didn't sold all of my assets at that time. Worst decision in so far in my investing journey, but I learned from that mistake of mine already.

I'm living in a developing country, and $20,000 is already a huge amount already knowing how much our wage here. One thing more is that, 4 years isn't enough for me to reach that goal in my estimation. I might take at least 7 years or even more to achieve it depending on my income source, and the amount of money that I'm investing. Right now, I'm investing a little less than 100$ a month in crypto that's why my goal is far from achievable still.

Anyway, still a long way to go for me, but that motivates me to invest even more.

That's a good question. I too have wondered about this at some point in time. I invest, I invest, I profit from bitcoin growth, I achieve my investment strategy goals, but what is the point? I decided for myself that sometimes we need to release some liquidity in order to take full advantage of all the opportunities the market gives us. If you reach some bitcoin goals, you can sell some of the bitcoins to have free money to buy cheap bitcoins later. The market does not always move in one direction, it is possible to benefit from all types of bitcoin market, even flash crashes.

The only crypto goal I had was based on getting to 21 bitcoins the DCA way (though this term wasn't used at the time),  this was a challenge in one of the threads here on the forum some few years back, and having had to start to save when crypto prices were below a thousand dollars seemed very much possible but in the process btc price jumped to $10k and before you knew it was already floating around $20k and my saving plan was completely distorted which pushed me to learn how to trade on charts and abandon the bitcoin saving plan  ::)

Personally my Bitcoin goal has always been to keep acquiring Bitcoin until the number I have is enough to solve all my present financial needs, my future financial needs, and until the number I have is able to solve the financial needs of my community then I will believe I have reached my Bitcoin goal. Presently I have not gotten up to 10% of my Bitcoin goal and I don't know when it's going to be considering the price of Bitcoin at the moment so I think the goal right now is to keep buying with the little saving that is meant for Bitcoin until it gets to selling time.

Even though I reach my goal which is clearly stated here, the next goal will be to double the number that I have maybe for the next generation to come you never can tell what the price of Bitcoin will be in the next 30- 40 years to come so having Bitcoin as one of the inheritance of my children won't be a bad thing if you ask me.

Everyone should have desires and dreams when they reach their investment. If you don't have it, I think you have a problem with that. When I was a child, I had a dream to buy a toy. So with that desire, I have to collect my allowance every day and save it on a piggy bank. After reached out and my savings are full, I solved it and bought the toy I wanted. maybe you have a goal, It's like impossible if you don't have a goal by doing DCA every day, If I were you, I would buy a house and car.

Congratulations on reaching one of your goals in investing in Bitcoin. However, I am not yet in a position to reach my goal with Bitcoin because I have set long-term goals. Maybe many people can set a small goal in investing in Bitcoin but depending on the situation, the goal must be met.
There is no better strategy than DCA to protect against the risk of high volatility in Bitcoin investing. It essentially reduces an investor's risk as well as plays an important role in his long-term holdings. Naturally without DCA a Bitcoin investor cannot easily reach his goals.

Lol, I believe with your little experience, you have seen how interesting Bitcoin investment can be. When Bitcoin was below a thousand dollars, many people thought the price would not be above a thousand boxes, but now the price of Bitcoin has surprised so many people who were skeptical about it.
Well, in your story I feel that you thought Bitcoin would take a long time to go above $1k and that was why you didn't put much effort into accumulating more, then when bitcoin hits $10k maybe you didn't have enough money to buy more and now Bitcoin's price is 27,142.50, that's is why you joined the trading section.
What I will say is that any little opportunity you have try and buy more coins, because, sooner Bitcoin will hit $50k to $7k and then many people will regret for not take Bitcoin investment serious.

Well I don't think there is any specific action to take on this but I think if you reach you go, you should set more higher goals and keep doing what's  best for you and I've always known that savings and investment  isn't an easy task and if you get to a stage where you feel you've achieved your target, then you sboukd try setting new ones and try to reach them again as it is always best.
Well I've always know that human desires don't end and quest for material things are hard quenched and the desire to accomolate bitcoin  isn't exempted I guess.
If I may ask, at what point do you think and feel you already achieved your target?