What should be your primary goal with your bitcoin investment?

[AGogi2003]

So many people that are into bitcoin investment don't usually know what will make them continue to connect with their bitcoin investment, meaning they have some people that lose interest easily when they see the market is not really doing well and try to give up, thinking they will not succeed on their bitcoin investment.

When you have interest in Bitcoin and you already have capital to invest, your next target is to plan what actual amount you will get before you sell your profit in your Bitcoin investment, because anything needs to be planned gradually to make you achieve your goals and make you not feel disappointed. Anything you plan, you will always wait for the time to do before taking another step, but some investors don't know their target, they just invest for huge profit. If you say you will wait for a huge profit in Bitcoin, I don't think it is easy to achieve, but you can get a better profit.

We should not be greedy when we have a better profit. We should take partial or full profit and stop chasing huge profits if we can’t hold for a longer time to reach that target of huge profit we have in mind. The market is not friendly always and Bitcoin is a very volatile asset. Any profit you get is your benefit from the Bitcoin investment. The more you think you need huge profit, the more the market may not move smoothly sometimes in your favour at when you wanted it the most to reach a certain price you want to take profit for.

As the market price of Bitcoin is increasing, know that the price will decrease too, and Bitcoin can't be rising without dropping that is why it is very volatile. Sell what you have gained in Bitcoin after getting some profits, and know you achieved something in your Bitcoin investment. When people are talking about the benefits they achieve in Bitcoin, you can say yours too.

[DPHOR]

Bitcoin investment doesn't necessarily mean you must sell at any given point and of course it's your investment and money you have the right to decide when to sell and when to buy, but the reality is, when and how did you project yourself? Do you project yourself for long term investment or short term investment, and if is for long term investment then you must learn to have patient over the period of your investment and not too easily gets attracted to the benefits you got from the market, most times the market could dump to nearly -30 percent or above and after some period the market usually bounces back to another price level.

We can take for instance; where we invested 6 to 10 years ago and hold till dates, have you imagined what could be of your profits by now? And of course those who invested them has been on a regret that if they knew they wouldn't had sold off their investments rather could have made a long time projection where they would had to hold for at least 5 to 10 years which their investments could had yield several profits for them.

[Donneski]

Honestly, my own goal with Bitcoin is simply for long-term preservation of value. I'm not in a hurry so I don't mind riding through the dips.

 For me, Bitcoin isn’t just about quick flips, it’s more about gradually building a position that I can hold for years regardless of the market mood.

 Of a truth, I take small profits sometimes when the opportunity is right but my bigger aim is wealth protection against inflation and the weaknesses of fiat. Once you understand Bitcoin from that perspective, chasing “huge profit” becomes less tempting because you know the real win is in holding strong over time.

[Gozie51]

There is nothing wrong with selling for short profit and to buy at the dip again and there is nothing wrong to hodl for long, it all depends on individual target goals. At any point, stay with your goal. The reason that some people regret on their investment is because of greed, they shift their goal post at the middle of the game. Bitcoin is a very volatile asset and when the bull comes with, it looks as if it will continue for a long time then you change your target plan to higher price but without recourse to correction on the price action that had already happened. After that correction, price may not get to your new target for a long time. So stay with the decision made earlier before investing, that's being discipline in investment.

[Btcdeybodi]

When you have interest in Bitcoin and you already have capital to invest, your next target is to plan what actual amount you will get before you sell your profit in your Bitcoin investment, because anything needs to be planned gradually to make you achieve your goals and make you not feel disappointed. Anything you plan, you will always wait for the time to do before taking another step, but some investors don't know their target, they just invest for huge profit. If you say you will wait for a huge profit in Bitcoin, I don't think it is easy to achieve, but you can get a better profit.

Bitcoin doesn't really require much targets on the profit but how you can be able to accumulate a heavy stash because that is what will attract the kind of profits you are looking from your bitcoin investment. I know that many of us has different profit level that we want to reach before we take profits but before you have that target make sure you have built a huge portfolio and let the target be on the long interval and not just within a short period. When the price of bitcoin is rising, some people have already figured it in their head that it's time to take profits even when they didn't make much profits. Bitcoin is not like shitcoins that are being traded within a short time due to their high volatility, bitcoin is a valuable asset that increases with time due to inflows and positive news so it's meant to be kept for a longer time as that is the only way its value can increase, we shouldn't take because of the little profits we got from portfolio and feel like it's time to take some profits.

[Kagaru]

One of the most common struggles that a new investor encounters is the act of leaping blindly into the market without any goal in mind or intelligible profit maximum. Bitcoin is extremely volatile and when expecting unrealistic returns, many find them selves disappointed or panic selling during the downtrends. When setting your profit target, it is always wise to only set a partial amount as a target because then you will secure the gains and remain in the market to experience future growth. I like that you make partial profits on the way. It is an easy method to cut down the risk and be rewarded with through being disciplined. Selling Many experienced investors sell in stages or tiers where they sell some amount as price milestones are achieved. Not only does this method generate profit but it also enables it to control in a volatile market.

The other factor is the aspect of patience and outlook. The price of Bitcoin is cycle-based and therefore short-term behavior is common. Being visionary in relation to incremental profits and not being short sighted in order to sustain the business and avert the stress can be a more fulfilling way of investing. No matter how many profits remain at the end of the day, it is a win and a step towards your long term financial objectives. It is about finding balance between ambition and discipline in knowing that astronomical profits can take place but are not determined and any small gains on the way are equally important. This psychological attitude is what makes the difference between investors with successful portfolios and those who move on too soon.

[DonaldCryptoTalk1]

So many people that are into bitcoin investment don't usually know what will make them continue to connect with their bitcoin investment, meaning they have some people that lose interest easily when they see the market is not really doing well and try to give up, thinking they will not succeed on their bitcoin investment.

When you have interest in Bitcoin and you already have capital to invest, your next target is to plan what actual amount you will get before you sell your profit in your Bitcoin investment, because anything needs to be planned gradually to make you achieve your goals and make you not feel disappointed. Anything you plan, you will always wait for the time to do before taking another step, but some investors don't know their target, they just invest for huge profit. If you say you will wait for a huge profit in Bitcoin, I don't think it is easy to achieve, but you can get a better profit.

We should not be greedy when we have a better profit. We should take partial or full profit and stop chasing huge profits if we can’t hold for a longer time to reach that target of huge profit we have in mind. The market is not friendly always and Bitcoin is a very volatile asset. Any profit you get is your benefit from the Bitcoin investment. The more you think you need huge profit, the more the market may not move smoothly sometimes in your favour at when you wanted it the most to reach a certain price you want to take profit for.

As the market price of Bitcoin is increasing, know that the price will decrease too, and Bitcoin can't be rising without dropping that is why it is very volatile. Sell what you have gained in Bitcoin after getting some profits, and know you achieved something in your Bitcoin investment. When people are talking about the benefits they achieve in Bitcoin, you can say yours too.

True talk 👌. For me, the main goal with Bitcoin investment should just be long-term growth and financial freedom, not chasing quick massive profits. If you get good profit along the way, no shame in taking some out, because the market fit turn anytime. The key is patience and not letting greed control your moves.

[Lembo69]

The primary goal of investing is to save for the future. So that in the future you have the money you have saved and can pay for the last years of your life, you can leave some money for your children and others. Or you have a dream of buying a house or a car. You can realize those dreams through investment. You have to invest for the long term. Because short-term investments are never profitable.

You have to keep some things in mind before investing and you cannot be restless during those times. Even if the market is in recession, you cannot sell your investment. You have to have a goal that you will reach your goal. You cannot get angry when there is a recession in investment. As the saying goes, if you get angry, you will go away. You have to invest in Bitcoin with confidence and patience. Then maybe you will be able to profit.

[Anayochukwu]

So many people that are into bitcoin investment don't usually know what will make them continue to connect with their bitcoin investment, meaning they have some people that lose interest easily when they see the market is not really doing well and try to give up, thinking they will not succeed on their bitcoin investment.

When you have interest in Bitcoin and you already have capital to invest, your next target is to plan what actual amount you will get before you sell your profit in your Bitcoin investment, because anything needs to be planned gradually to make you achieve your goals and make you not feel disappointed. Anything you plan, you will always wait for the time to do before taking another step, but some investors don't know their target, they just invest for huge profit. If you say you will wait for a huge profit in Bitcoin, I don't think it is easy to achieve, but you can get a better profit.

We should not be greedy when we have a better profit. We should take partial or full profit and stop chasing huge profits if we can’t hold for a longer time to reach that target of huge profit we have in mind. The market is not friendly always and Bitcoin is a very volatile asset. Any profit you get is your benefit from the Bitcoin investment. The more you think you need huge profit, the more the market may not move smoothly sometimes in your favour at when you wanted it the most to reach a certain price you want to take profit for.

As the market price of Bitcoin is increasing, know that the price will decrease too, and Bitcoin can't be rising without dropping that is why it is very volatile. Sell what you have gained in Bitcoin after getting some profits, and know you achieved something in your Bitcoin investment. When people are talking about the benefits they achieve in Bitcoin, you can say yours too.

You should understand that there's no being greedy in Bitcoin investment, it is my money and I choose to invest and hold it as long as I want. I choose the best time for me to make my profit, yeah, Bitcoin may be volatile in nature but it has recorded more winning than losses for people that understand it perfectly and no matter how much the market falls it will definitely rise again and that's a fact so I'm not worried about the market. My primary goal is to invest and accumulate more Bitcoin for future sake.

[Man of peace]

Yes you made a very good point but most of our problems are over greediness,in life we don't need to be too greedy,as long as you plan your investment and have some certain price in which the Bitcoin  will rise to and you will sell your Bitcoin and take the profit and start up a fresh investment,if you can continue to maintain your stands and your plan believe me you will continue making progress little by little.

I know it May not always be at your faviour but the chances of losing totally will not be much, unlike what over greediness will cost you.. whenever you get to your target,you don't need to go further, make use of what you achieve no matter how little as you do that continuously so as to achieve your primary goal, and before you could know you will arrive at a point you can go beyond that.

Be contented with the little that have added to your capital  investment and learning how are reduce risk in investment in order for you to be able to achieve your primary goal..

[Sulx20]

The aim is capital appreciation, which is when you think that the value of Bitcoin may undoubtedly rise over an extended period of time, ignoring short-term price changes. In my opinion, Bitcoin is a long-term investment from which people can get a sufficient profit without being in a rush to sell. Therefore, the main objective of investing in Bitcoin is to protect against financial loss due to economic instability and to achieve long-term riches through a variety of strategies rather than just one. Additionally, I believe that portfolio diversification is Because Bitcoin's price swings have historically demonstrated little link to traditional financial markets like equities and bonds, it is important to remember that investing is not about putting all your eggs in one basket. That means that when traditional markets are down, Bitcoin's value may not be obliged to follow the same direction . You may be able to lower overall risk and obtain a solid reliance portfolio by putting a modest percentage of your investment portfolio into Bitcoin.

[Jubilee58]

Different people with different goals and objectives, now when it comes to bitcoin investing, the same thing is applicable, we all does not have the same goal.Some are daily traders, some people are short time investors, some people are long time investors, while some people are buying bitcoin as a store of value.But however, I believe everyone is investing for the purpose of making profit from bitcoin.Furthermore, I believe bitcoin have long time potential, and investing with long time goal will make sense and profit bitcoin investors very well.

[DPHOR]

Different people with different goals and objectives, now when it comes to bitcoin investing, the same thing is applicable, we all does not have the same goal.Some are daily traders, some people are short time investors, some people are long time investors, while some people are buying bitcoin as a store of value.But however, I believe everyone is investing for the purpose of making profit from bitcoin.Furthermore, I believe bitcoin have long time potential, and investing with long time goal will make sense and profit bitcoin investors very well.

Of course that is true we all venture into the market with different purposes but with the same results as having in mind to make profits at the later ends, it could be for years or months depending on how we have projected our investment.
But the most important thing should be how patient are we to hold or wait while our investment yield a better profit for us without us having to dump them on our ways, having patient on our investment is the major thing we have to do to make profits from the investment.

[CryptopreneurBrainboss]

Sell what you have gained in Bitcoin after getting some profits, and know you achieved something in your Bitcoin investment. When people are talking about the benefits they achieve in Bitcoin, you can say yours too.

Know your investments timeframe, if you're investing for 6 months then that should be your target and not selling because you're scared of the market crashing or the price falling below your buy in price. I can't advice anyone against taking profits because you can't go wrong with selling in profit. What I can advice is to prioritize investing for a longer duration and not putting hopes on short term gains. The primary goals should be selling in profits so that's the focus and not necessary chasing every pump happening as an opportunity to sell. Hodlers are the biggest winners as Bitcoin investors so all investors need to know this and make decisions that's best for them based on this knowledge.

[Tetu100]

Sell what you have gained in Bitcoin after getting some profits, and know you achieved something in your Bitcoin investment. When people are talking about the benefits they achieve in Bitcoin, you can say yours too.

Know your investments timeframe, if you're investing for 6 months then that should be your target and not selling because you're scared of the market crashing or the price falling below your buy in price. I can't advice anyone against taking profits because you can't go wrong with selling in profit. What I can advice is to prioritize investing for a longer duration and not putting hopes on short term gains. The primary goals should be selling in profits so that's the focus and not necessary chasing every pump happening as an opportunity to sell. Hodlers are the biggest winners as Bitcoin investors so all investors need to know this and make decisions that's best for them based on this knowledge.

You are very correct sir, it very important as an investor that you set up a target that can enable you stik to your investment plan,  not setting a target in any investment is what normally cause failure in investments because it keeps you operating without a vision or mission, however making you to sell at lost at any given dip.

So it is fundamental for every investor to always setup a target while investing to stay focused.

[Ever-young]

As the market price of Bitcoin is increasing, know that the price will decrease too, and Bitcoin can't be rising without dropping that is why it is very volatile. Sell what you have gained in Bitcoin after getting some profits, and know you achieved something in your Bitcoin investment. When people are talking about the benefits they achieve in Bitcoin, you can say yours too.

If this is your big approach to Investing in Bitcoin then you're really not an investor but a short term trader and a gambler. If you wanna wanna be gambling with your money all in the name of investing, then you're free but don't advice or mislead others into going on such crazy and absurd ride with you. Let's say you buy some sats and then see some profits in a few weeks, you sell off, satisfied with yourself that you've cashed out from Bitcoin, then what? You buy again, and expect the price to surge again so you can sell off and secure the profits again? Or maybe you wait for the market to DIP before buying again? How long exactly are you gonna keep doing that and do you really consider yourself an investor?

For the very last time, Bitcoin is a long term game and every investor's primary goal should be gaining financial freedom from Bitcoin and not gambling for some peanuts mate. If you cannot be patient and hodl for the long term, then go gamble on shitcoins and leave Bitcoin for real investors.

[Gozie51]

As the market price of Bitcoin is increasing, know that the price will decrease too, and Bitcoin can't be rising without dropping that is why it is very volatile. Sell what you have gained in Bitcoin after getting some profits, and know you achieved something in your Bitcoin investment. When people are talking about the benefits they achieve in Bitcoin, you can say yours too.

This is where many people get trapped. Some get trapped when price has reached it peak and they buy without checking the btc chart, so they get stocked. Others get trapped because of the greed in them. They plan when to exit initially but when they see price has increased beyond their exit level, they continue to stay and wanting more extra gain but unfortunately, it is the peak waiting to fall like a knife.

Therefore, it is always a lesson that we should learn how to control our emotion and stay with our initial plan of DCA arrangement to sell off for profit. It is not very nice to lose your profit because if you have that profit, you have good stories to tell and be part of those who are profitable in a Bitcoin bull season. If for nothing, you can withdraw your capital and allow your profit to continue.

[Fiasem20]

Op from the context of your thread, I don't think that should be the primary goal of a Bitcoin investor.For a Bitcoin enthusiast, the primary goal is to make a profit. You've emphasized long-term investment, but then deviated into short-term investment, and we know those two approaches are different.What I'm trying to say is that a Bitcoin enthusiast should intend to hold onto their coins long-term.If the price appreciates before the desired time and they withdraw, that's a short-term target.Ironically, many investors lack a clear target, which is why they're swayed by price fluctuations. As a long-term holder, you should focus on achieving long-term rewards without being distracted by Bitcoin's price volatility.

[Achalugo BTC]

Yes you made a very good point but most of our problems are over greediness,in life we don't need to be too greedy,as long as you plan your investment and have some certain price in which the Bitcoin  will rise to and you will sell your Bitcoin and take the profit and start up a fresh investment,if you can continue to maintain your stands and your plan believe me you will continue making progress little by little.

I know it May not always be at your faviour but the chances of losing totally will not be much, unlike what over greediness will cost you.. whenever you get to your target,you don't need to go further, make use of what you achieve no matter how little as you do that continuously so as to achieve your primary goal, and before you could know you will arrive at a point you can go beyond that.

Be contented with the little that have added to your capital  investment and learning how are reduce risk in investment in order for you to be able to achieve your primary goal..

On point, if we try to exercise patience and discipline, things will be a little bit easy for us, especially when it comes to Bitcoin investment, because with these factors, we can be able to stick to our plans when we invest especially for a long-term and this can also help us to be able to navigate through challenges and be able to achieve our goals.

[Mr Reporter]

Op from the context of your thread, I don't think that should be the primary goal of a Bitcoin investor.For a Bitcoin enthusiast, the primary goal is to make a profit. You've emphasized long-term investment, but then deviated into short-term investment, and we know those two approaches are different.What I'm trying to say is that a Bitcoin enthusiast should intend to hold onto their coins long-term.If the price appreciates before the desired time and they withdraw, that's a short-term target.Ironically, many investors lack a clear target, which is why they're swayed by price fluctuations. As a long-term holder, you should focus on achieving long-term rewards without being distracted by Bitcoin's price volatility.

I think you are right it is best we high light some importance of having a clear investment strategy and goal when it comes to bitcoin, i guess for the long run term investors the primary focus should be on holding onto thier conis and riding out market volatility rather than caught up terms price fluctuations And by maintaining a long-term perspective and staying focused on their investment goals, Bitcoin investors can potentially achieve greater rewards and reduce the impact of short-term market volatility.