Post
Topic
Board Beginners & Help
Re: What did you do After Reaching your Bitcoin Goal?
by
Awaklara
on 15/09/2023, 01:58:08 UTC
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?
As much as possible, try to be consistent with the plans you have made. if at the start you plan to collect at least 1BTC. and that has been achieved with the method you use. why not make other plans such as target prices that you can set to maximize your profits.
If you only like Bitcoin, there's no harm in continuing your DCA, but I suggest it be done with your new plan. This means don't combine your new investment with your old one, even with the same assets. This is only to measure the success of your investment. not only the target assets you get but also the profits you get.