Post
Topic
Board Beginners & Help
Merits 2 from 1 user
Re: What did you do After Reaching your Bitcoin Goal?
by
Gallar
on 17/09/2023, 14:17:34 UTC
⭐ Merited by The Sceptical Chymist (2)
~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.