What did you do After Reaching your Bitcoin Goal?

[SOKO-DEKE]

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.

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[Adams0001]

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?

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.

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.

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.

[Dave1]

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.

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.

[mvdheuvel1983]

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.

[Tuturtinular]

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

[Peanutswar]

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.

[uchegod-21]

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 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.
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.

[Japinat]

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.

[Zanab247]

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.

[Awaklara]

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.

[LogitechMouse]

Re: What did you do After Reaching your Bitcoin Goal?

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. 

[Gallar]

~Snip
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.

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

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.

[Dunamisx]

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.

[Ziskinberg]

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?

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.

[Patrol69]

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.

[AakZaki]

~snip~
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.

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.

[tvplus006]

...The question that's been on my heart is what do I do when I finally reach this goal...

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...

[TelolettOm]

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.

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.

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.

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.

[LogitechMouse]

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.

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. 

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.

[Xal0lex]

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 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.