Unquestioned goal and habit

[JoyMarsha]

As a human being, you are expected to have a target in life every given year. As time proceeds, it just seems our efforts are not going anywhere (stagnant at a place).
I have read, followed and listen to so many people's advice on how to invest in bitcoin, and diversify your investment strategy but my portfolio is not giving me as joy as I anticipated at the beginning of this year. I know many people in this forum anticipated the same to make much money from crypto at the beginning of this year. My plead for you are:
1. Remove all the deadlines you gave yourself to avoid depression.
2. If you didn't meet up your target before the end of this year, just pray and work hard.

In all you do, endeavour to set a standard goal, and if you fail to achieve all, readjust and bounce back.

Life is short and full of exploitation.
Live yours like there's no tomorrow.

Breathe in and out we all still have a long way to go.

[Coyster]

I have read, followed and listen to so many people's advice on how to invest in bitcoin, and diversify your investment strategy but my portfolio is not giving me as joy as I anticipated at the beginning of this year. I know many people in this forum anticipated the same to make much money from crypto at the beginning of this year. My plead for you are:
1. Remove all the deadlines you gave yourself to avoid depression.
2. If you didn't meet up your target before the end of this year, just pray and work hard.

Bitcoin is not a get rich quick scheme, that is something that quite a lot of people must understand, it is a long term speculative asset, and if you are a speculator, i'm afraid you will have to set your goals of ROI in the long run, mind you also that Bitcoin never stops to serve the purpose for which it was created, and that is as a currency, whether bear time or bull period, it remains exactly that, a medium of exchange.

Having said that, i for one do not know the deadlines or targets you are talking about, you sound like you're gambling with different altcoins, mind you that's false diversification. Overall i rarely set goals with something as unpredictable/completely out of my control as cryptocurrencies, if i'm to set goals, i'd do that with RL stuff that i can somewhat control and work hard towards achieving.

[_act_]

Did anyone that told you to invest in bitcoin told you about bitcoin halving,  bull and bear market and the right time the bull or bear time can probably occur? Just like this:

Why top tech stocks started to outperform bitcoin this summer??

2016, halving and bull
2017, bull
2018, bear
2019, bull and bear

2020, halving and bull
2021, bull
2022, bear
2023, bull and bear possibly

2024, halving and bull possibly
2025, bull possibly

If no one told you something like that, that is why you are not getting it. Know also that if you want to invest in bitcoin, you can hold it for like 2 years or more.

[cryptoaddictchie]

1. Remove all the deadlines you gave yourself to avoid depression.
2. If you didn't meet up your target before the end of this year, just pray and work hard.

In all you do, endeavour to set a standard goal, and if you fail to achieve all, readjust and bounce back.

Life is short and full of exploitation.
Live yours like there's no tomorrow.

Breathe in and out we all still have a long way to go.

Expectation is really hurt. Sometimes we thought that we are going to achieve this and suddenly its not what we thought will happened. Well thats life, I guess. I already stop with that attitude and if the gains I am wishing given to me then I will be thankful, cause theres a lot of time I already expect and didnt receive those figures and earning an unexpected gains the least you expect it.

[Bitcoin_Arena]

I have read, followed and listen to so many people's advice on how to invest in bitcoin, and diversify your investment strategy but my portfolio is not giving me as joy as I anticipated at the beginning of this year. I know many people in this forum anticipated the same to make much money from crypto at the beginning of this year.

[/quote]
Maybe the much better piece of advice you would give them should be that people should avoid FOMO (which I think you did). Had you bought bitcoin in 2018, 2019 or 2020, you would be having a completely different perspective about this.

Don't wait for main stream media to start talking about Bitcoin's price surge before you buy it. Always buy when the noise is negative or when there's quiet like right now.

[Frankolala]

    Bitcoin is a long term investment,you don't need to expect your expectations in a short term run,if not you will be disappointed and frustrated. If you invest now after 4-5 years time you will be smiling.
    Invest with your savings and not the money that you borrowed or for your upkeep to avoid depression and frustration. It is good to be educated first in a trade before you start trading.

[Lucius]

Bitcoin is a long term investment,you don't need to expect your expectations in a short term run,if not you will be disappointed and frustrated. If you invest now after 4-5 years time you will be smiling.

It doesn't have to be a long-term investment, because if you choose the entry point well, after a few months you can make 100% profit or more. Of course, people want a lot more than that, and sometimes it takes a lot more time than a few months for that. Those who invest today could have a smile on their face even in 2+ years, because if Bitcoin reaches a price of only $100 000, that means more than 400% profit - and we know that the biggest bull runs happen right after the halving.

However, it should be warned that past events do not guarantee that the same things will happen in the future, so always be alert and smart with your investments. And not only that, be even smarter about the way you will store your private keys - a lot can happen in 2 years, and even more in 4-5 years.

[The Cryptovator]

Deadline for cryptocurrency? No way. Cryptocurrency isn't for impatience people. I am holding a few tokens for a long time. I had a target though but I leave it on Ledger. Not gonna touch unless I make some profits. Doesn't matter even not hit my expectations. And of course, there is no deadline. Just holding for profits. The only expected to make profits doesn't matter it take how long. That's why we say don't hold if you can't afford it.

[mk4]

Deadline for cryptocurrency? No way. Cryptocurrency isn't for impatience people.

Or rather, investing in general — not just with bitcoin and cryptocurrencies. Something something stock market is a device for transferring money from the impatient to the patient (Warren Buffett quote); applies to bitcoin and crypto(some) as well.

[KingsDen]

Do people set goal on how much they wana have in a year?
I don't have idea that people do so and I personally do not do it. I set goal on;
The skills I want to acquire;
The lifestyle I want to discard;
The projects I want to accomplish;
How to have 1 or 2 more sources of income;
I do not hard code any amount of money that it's what I want to worth at the end of a given year.

But for crypto investment, if I tell you that bitcoin is not going to make you rich, the truth might be too raw and hurting to you but that is the reality. Bitcoin made early adopters millionaires, but it will make you live comfortably and not that kind of super rich you might envisage.

[348Judah]

1. Remove all the deadlines you gave yourself to avoid depression.
2. If you didn't meet up your target before the end of this year, just pray and work hard.

and then try to re-strategize, plan adequately and try to know what are the major lapses you had, you must fish them out unless you keep having same result over time. also, some things were not by prayers but by principles, you need to make discoveries and stop working by error theories that does not matter, if you must see a good result, then you must discover the secret in why others are doing it well and improve yourself, you can't be doing it anyhow and expect same result with those doing it right.

[Cryptomultiplier]

This helped me remember a certain once told about a lizard who after falling from a great height, nodded to applaud himself in approval as no one around did. Life is too precious and short indeed to be worried about uncontrollable variables.
Goals are good and helps one stay focused, also failing to meet deadlines isn't reason enough to fall into depression. Learn and rebound!

[Lucius]

Deadline for cryptocurrency? No way. Cryptocurrency isn't for impatience people. I am holding a few tokens for a long time. I had a target though but I leave it on Ledger. Not gonna touch unless I make some profits. Doesn't matter even not hit my expectations. And of course, there is no deadline. Just holding for profits. The only expected to make profits doesn't matter it take how long. That's why we say don't hold if you can't afford it.

I thought that by now people have learned that altcoins (tokens) are something that is not suitable for long-term investment, and that most of them will lose more than 90% of their value or will disappear completely within a period of 3-5 years (if not sooner). Those who are not up to the pump&dump schemes will very likely lose their investment - because investing in something that has no sense and purpose (and most altcoins do not) leads only in one direction.

[Rruchi man]

1. Remove all the deadlines you gave yourself to avoid depression.

You shouldn't set a financial deadline for yourself, but a financial goal or target. While setting a financial deadline can put you under unnecessary pressure, a financial goal can keep you focused and discipline. A financial deadline sends the message of-"If I don't meet up, I am a failure" but a target sends the message of -"I have hit my goal/target or at least get very close".

In all you do, endeavour to set a standard goal, and if you fail to achieve all, readjust and bounce back.

In all you do, also ensure not to set low standards for yourself all in the name of setting attainable goals, set high goals and targets for yourself that will keep you motivated all through your journey. Be easy on yourself if you do not meet your target or goals at fir trial after setting very high standards. A benefit of setting high targets and goals is that even if you don't get to hit them as planned at first, you achieve a very high level of success from trying to do so, and with a little more work and efforts, the high target that you thought was unachievable or be difficult to achieve will be achieved and you will gain the confidence to set higher ones.

[Russlenat]

As a human being, you are expected to have a target in life every given year. As time proceeds, it just seems our efforts are not going anywhere (stagnant at a place).
I have read, followed and listen to so many people's advice on how to invest in bitcoin, and diversify your investment strategy but my portfolio is not giving me as joy as I anticipated at the beginning of this year. I know many people in this forum anticipated the same to make much money from crypto at the beginning of this year. My plead for you are:
1. Remove all the deadlines you gave yourself to avoid depression.
2. If you didn't meet up your target before the end of this year, just pray and work hard.

In all you do, endeavour to set a standard goal, and if you fail to achieve all, readjust and bounce back.

Life is short and full of exploitation.
Live yours like there's no tomorrow.

Breathe in and out we all still have a long way to go.

If bitcoin does not works today, it does not mean that it won’t work the rest of the days. Bitcoin has its own flaws, so we have to deal with it accordingly. And the fact that bitcoin is good for long term investment, so don’t expect for quick profits as bitcoin is not a get-rich-quick scheme. You have to endure the bear season as much as its needed, that way you will always be profitable when bull season comes as everything you work hard for will finally reap off.

[Finestream]

1. Remove all the deadlines you gave yourself to avoid depression.
2. If you didn't meet up your target before the end of this year, just pray and work hard.

In all you do, endeavour to set a standard goal, and if you fail to achieve all, readjust and bounce back.

Life is short and full of exploitation.
Live yours like there's no tomorrow.

Breathe in and out we all still have a long way to go.

Expectation is really hurt. Sometimes we thought that we are going to achieve this and suddenly its not what we thought will happened. Well thats life, I guess. I already stop with that attitude and if the gains I am wishing given to me then I will be thankful, cause theres a lot of time I already expect and didnt receive those figures and earning an unexpected gains the least you expect it.

You don’t have to set expectations in such an unpredictable crypto market. Though bitcoin dominates it, but bitcoin is not perfect and also has its own imperfections. However, always know that bitcoin won’t frustrate us the whole time. Just never set deadlines and stop expecting much, that way you will not be often hurt. Just believe in the process of bitcoin, because in the end you will bound to make good profits from it, as long as you keep your faith and never quit.

[Sanitough]

As a human being, you are expected to have a target in life every given year. As time proceeds, it just seems our efforts are not going anywhere (stagnant at a place).
I have read, followed and listen to so many people's advice on how to invest in bitcoin, and diversify your investment strategy but my portfolio is not giving me as joy as I anticipated at the beginning of this year. I know many people in this forum anticipated the same to make much money from crypto at the beginning of this year. My plead for you are:
1. Remove all the deadlines you gave yourself to avoid depression.
2. If you didn't meet up your target before the end of this year, just pray and work hard.

In all you do, endeavour to set a standard goal, and if you fail to achieve all, readjust and bounce back.

Life is short and full of exploitation.
Live yours like there's no tomorrow.

Breathe in and out we all still have a long way to go.

Do not be a slave for certain deadlines and expectations as they are sometimes bound to be broken. Always be practical to see the realities about bitcoin, that it’s not going to be profitable at all times, as sometimes it needs a break too before it will start to surge again and skyrocket. That is the secret of the successful people in bitcoin, yes they have their own set of goals but they never create deadlines to reach it and make it happen. Patience will always be an essential virtue in the crypto market.

[Marvell1]

Life is to have a goal, but we should not set too high a goal for ourselves, should know our strength, should not expect too much and then be disappointed. Should divide short-term goals and long-term goals and investing in bitcoin should not be classified as short-term goals.
Bitcoin is a volatile and volatile asset, you should not put too much hope on it in the short term, put bitcoin in your long-term target, hold them now and wait for the next halving, I believe you will achieve your goal.

[Falconer]

Bitcoin is a volatile and volatile asset, you should not put too much hope on it in the short term, put bitcoin in your long-term target, hold them now and wait for the next halving, I believe you will achieve your goal.

It seems very encouraging if everyone is able to make good profits in the long run. But the reality is that everyone has to fight against themselves about how they have good management of their investments. Averages are not strong enough to withstand a large correction or price drop that causes them to sell and take losses. The psychology of trading and investing that they have is not as strong as they hope in the long term, this will certainly determine the end result that is not worth it.

Short term or long term it doesn't matter, it just depends on the preferences of each investor or trader. Even some people like profitable future trading but with high risk, but to minimize risk, long term investment is the best option ever. Just don't be greedy.

[noorman0]

-snip-
Live yours like there's no tomorrow.

No, not proportionate advice. It's like saying "opportunity doesn't come twice" but it's a terrible fact that some people fall into fraudulent investment schemes with high profit opportunities because scammers generally use those words. In order to produce great achievements, one should not limit oneself to short deadlines and only have a strategic plan.