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.