Quote from: alastantiger on September 08, 2023, 06:50:07 PM

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?

For sure if I successfully make a good amount of profit here in cryptocurrency or Bitcoin, I would probably reinvest again in the future if I get a good opportunity on the next cycle but personally, the goal is to buy a more safe asset something like a real state, or a passive income like an apartment, or maybe something like a resort, etc.

Compared to cryptocurrency it is safer and could provide you with a more stable income than just investing in cryptocurrency and dollar cost averaging waiting for the Bullrun which would probably take years just to guarantee a big amount of profit.

A lot of investors just doesnt realize that cryptocurrency is still a very risky investment at any moment we just doesnt know if it is still gonna continue or if is it still going to exist in 2030 or 2050. Probably? but the market price of it is just depending on the supply and demand in the market so it still wasn't a guarantee, So as the goal of investment is to make a profit so at a fair market price you should sell your investment, probably the longer you're waiting the riskier it is, but theoretically, it should increase its market price in the future.