1 Year later, setting new goals

[Ultegra134]

Hello and happy new year

This isn't going to be a post about new year resolutions, new year, new me and yada yada. This is actually a celebration post, about my return to Bitcointalk, which took place in 2nd of January 2021. A whole year had passed, and I'll be honest, I don't regret a thing. Throughout that year, I made plenty of mistakes, but also had an abundance of positive experiences.

I had completely abandoned Bitcoin after 2017-2018, which I kind of regret doing, till I saw a post about Bitcoin, recovering and surpassing $20.000+ again. That was it, I recovered my old wallet and started trading immediately. I made a few mistakes, which I shouldn't have done, but they were a result of amusement and poor management. Eventually, I stopped trading, because I couldn't handle its pressure, and put most of my money in DeFi/Staking, which had a great turnover, within a short time frame.

When I rejoined the forum, I set a goal to accumulate 0.05 BTC from scratch, without taking into account any other funds I previously had. So far, I've accumulated 0.028 BTC, which is actually more than half of what I've anticipated, but that's okay. My goal for one year from now, is to gather 0.08 BTC in total, which is relatively realistic. Even if I manage to achieve 70% of my goal, I'll be satisfied.

Overall, this has been a great experience, and Bitcointalk has given me amazing opportunities and there are plenty more to come in the upcoming future.

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[aoluain]

How are you accumulating Bitcoin?

Well done for sticking to your goal and following it through, I dont normally
set goals for myself and I wouldnt class myself as a high achiever but this year I
am determined to spend less and buy more Bitcoin but no goal for an amount.

[pealr12]

How are you accumulating Bitcoin?

Well done for sticking to your goal and following it through, I dont normally
set goals for myself and I wouldnt class myself as a high achiever but this year I
am determined to spend less and buy more Bitcoin but no goal for an amount.

There are different ways to accumulate btc slowly even here in the forum, for example, he can join a btc paying campaign to earn btc little by little or join non btc paying campaign and later exchange those token rewards into btc, he can also render other services and get paid in btc,
Well, I think it is not a bad idea to set a goal, whether it is achieved or not, it is not important, however, setting a goal gives some kind of determination in a way.

[Rruchi man]

My goal for one year from now, is to gather 0.08 BTC in total, which is relatively realistic. Even if I manage to achieve 70% of my goal, I'll be satisfied.

I totally like the ideas of setting goals just as you have done, it is an attitude and approach that other members of this forum should be encouraged to emulate. Also i think the possibility of achieving this goal is there and not just 70% but 100% with just proper anticipation of the obstacles and challenges you will face to this your goals especially as it regards accumulating more btc. Be ready to say "no" to a lot of wants and demands from people that may serve as hindrance to your goal. Best of luck in meeting your goals, Happy New Year.

[Ultegra134]

How are you accumulating Bitcoin?

Well done for sticking to your goal and following it through, I dont normally
set goals for myself and I wouldnt class myself as a high achiever but this year I
am determined to spend less and buy more Bitcoin but no goal for an amount.

Signature campaigns are the main source, I may gamble here and there, with small amounts of BTC, but that doesn't really count I guess.

My goal for one year from now, is to gather 0.08 BTC in total, which is relatively realistic. Even if I manage to achieve 70% of my goal, I'll be satisfied.

I totally like the ideas of setting goals just as you have done, it is an attitude and approach that other members of this forum should be encouraged to emulate. Also i think the possibility of achieving this goal is there and not just 70% but 100% with just proper anticipation of the obstacles and challenges you will face to this your goals especially as it regards accumulating more btc. Be ready to say "no" to a lot of wants and demands from people that may serve as hindrance to your goal. Best of luck in meeting your goals, Happy New Year.

I was quite far from achieving 100%, but as I've already said, that's okay. I've made a handful of mistakes I could have avoided, but it's all a part of the learning process. I'd be happy if I achieve a 70-80% of my next goal, just want to keep trying for the best result.

[Findingnemo]

Make realistic resolution or goals or whatever so I agree with what you are talking. If you are having thoughts about getting back to trading again then it can be also helpful to accumulate more Bitcoins, you no need to do anything just trade BTC against USDT and keep doing it whenever you see the sideways movements.

[Poker Player]

... I recovered my old wallet and started trading immediately. I made a few mistakes, which I shouldn't have done, but they were a result of amusement and poor management. Eventually, I stopped trading, because I couldn't handle its pressure, and put most of my money in DeFi/Staking, which had a great turnover, within a short time frame.

How are you accumulating Bitcoin?

Signature campaigns are the main source, I may gamble here and there, with small amounts of BTC, but that doesn't really count I guess.

I congratulate you because it seems that you are accomplishing what you set out to do, but I miss something more than the monetary aspect. For example: you could have said that you are going to learn more about the technical aspects of Bitcoin or that you expect to reach Hero member in X time (approximate).

To go back to what you are saying, if your goal is to accumulate, I would recommend that you do not trade, which for most people is like playing roulette, and do not gamble either. Even if you gamble small amounts, casino games have a negative mathematical expectation. Better to squander fiat and stack any sat you can. Saving as much Bitcoin as you can is a boring but very safe way to build wealth compared to the thrills of trading and gambling.

[Ultegra134]

... I recovered my old wallet and started trading immediately. I made a few mistakes, which I shouldn't have done, but they were a result of amusement and poor management. Eventually, I stopped trading, because I couldn't handle its pressure, and put most of my money in DeFi/Staking, which had a great turnover, within a short time frame.

How are you accumulating Bitcoin?

Signature campaigns are the main source, I may gamble here and there, with small amounts of BTC, but that doesn't really count I guess.

I congratulate you because it seems that you are accomplishing what you set out to do, but I miss something more than the monetary aspect. For example: you could have said that you are going to learn more about the technical aspects of Bitcoin or that you expect to reach Hero member in X time (approximate).

To go back to what you are saying, if your goal is to accumulate, I would recommend that you do not trade, which for most people is like playing roulette, and do not gamble either. Even if you gamble small amounts, casino games have a negative mathematical expectation. Better to squander fiat and stack any sat you can. Saving as much Bitcoin as you can is a boring but very safe way to build wealth compared to the thrills of trading and gambling.

Thank you, I'm patient on what I'm doing, it's an extremely slow process to be honest, but it's definitely worth it. Likewise, I've stopped trading because it was way too risky and nerve racking for my liking. I used to earn a decent amount with each trade, but it did take a toll on me when I made a couple of mistakes.

As for gambling now, I'm using microamounts of BTC (1-2 mBTC), which I've slowly accumulated through games, I'm not planning to deposit any more nor do I do it daily.

[aoluain]

Ah you have to be really disciplined to make gains gambling, something hope
to achieve this year and the signature campaigns are indeed really helpful.

Do you ever just buy Bitcoin on a regular basis like weekly or monthly?
I have been doing this for the last 4 years ^{on and off}

Trading is not for everyone, I tried that too but couldnt devote enough time
to it, didnt have the skills required and didnt make gains at all.

[Ultegra134]

Ah you have to be really disciplined to make gains gambling, something hope
to achieve this year and the signature campaigns are indeed really helpful.

Do you ever just buy Bitcoin on a regular basis like weekly or monthly?
I have been doing this for the last 4 years ^{on and off}

Trading is not for everyone, I tried that too but couldnt devote enough time
to it, didnt have the skills required and didnt make gains at all.

Not actually hoping on making money through gambling, I've a few thousand satoshi there, which I use just for the sake of playing games. I haven't purchased any Bitcoin, any amount I have is accumulated mostly through signature campaigns. Even in the past, I had started from scratch, with zero starting capital.

As I've mentioned before, I also used to trade, but stopped due to it being too risky and nerve racking.

[_BlackStar]

OP, I'm not sure why this thread is on the reputation board, shouldn't this be on the economic board if I review the flow from the discussion?
I like it when you have a purpose why you should be here to be active again. I and most other people also have a goal why we are in the forum, just like you, we have to achieve it sooner or later.

[Ultegra134]

OP, I'm not sure why this thread is on the reputation board, shouldn't this be on the economic board if I review the flow from the discussion?
I like it when you have a purpose why you should be here to be active again. I and most other people also have a goal why we are in the forum, just like you, we have to achieve it sooner or later.

I originally posted it on "Bitcoin Discussion", but it was later moved to the Reputation board, not on my request, probably by a moderator.

Likewise, I regret not being more active here in the past, definitely missed a handful of opportunities, either from signature campaigns, to investment information/advice. Now, I'm trying to win back time and advance as much as possible.