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Author Topic: What did you do After Reaching your Bitcoin Goal?  (Read 579 times)
Woodie
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September 19, 2023, 12:02:55 PM
 #81

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  Roll Eyes

R


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GiftedMAN
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September 19, 2023, 04:24:59 PM
 #82

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.

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September 20, 2023, 12:03:00 AM
 #83

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?
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.

Dimitri94
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September 20, 2023, 06:26:57 PM
 #84

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?
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.
rachael9385
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September 20, 2023, 07:01:32 PM
 #85

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  Roll Eyes
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.

R


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Obari
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September 20, 2023, 07:45:40 PM
 #86

If you have reached reached your Bitcoin goal what did you do after then?
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?

R


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FUTURES
[
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][
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][
INSTANT
EXECUTION
]██████
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