Setting price targets and portfolio goals in investing may not be the best strategy for the following reasons:
In the last market cycle, many people, including myself, had expectations for a specific number. For example, Bitcoin reaching $100,000, or achieving portfolio goals of $100,000, $1 million, and so on. While these numbers can provide direction for investments, the market does not cater to your personal goals.
To achieve these numbers, many people have invested too much energy and funds, neglecting the actual market trends. It has proven unwise to pursue a numerical target in your mind while ignoring the risks of market changes.
In contrast, the following two strategies may be more worth considering:
Maintain flexibility: If you expect the market to deliver 10 times your investment, but when you reach 4 times, the market shows signs of peaking, it is wise to take profits at that point. Sticking to "must reach 10 times" and betting everything will cause you to miss the opportunity to exit in time. Rather than waiting for your profits to vanish, it's better to take profits at the right moment, even if it means missing out on further gains.
Step-by-step profit strategy: Set a gradual exit plan for each investment project. For example, when an asset rises by 50%, consider cashing out part of your position to ensure some profits are locked in. Through this gradual exit approach, you can continue to participate in a rising market while also ensuring you gradually lock in existing profits.
As market cycles develop, you can adjust your profit strategy based on the market stage, becoming more proactive rather than passively waiting for the so-called "ultimate goal." Judging which stage the market is in and adjusting your investment strategy accordingly is more realistic and effective than sticking to an arbitrarily set numerical target.
Setting goals itself is not wrong, but these goals should be dynamically adjusted based on the actual market situation. If you do not respond flexibly, investing is like playing the lottery, relying on luck rather than strategy.

The bad thing about this field is that it’s so easy to fall into the trap of comparing yourself to others.

I’ve achieved more than I ever thought possible, but I still find myself doing it.

CT embodies survivorship bias perfectly.

This app is full of multi-millionaires showing their profits and losses, and the algorithm rewards them for engagement.

However, understand that this is only the 0.00001% of the population magnified.

Most people here are still struggling, to be honest - this field is tough and requires a fair amount of luck/timing.

Comparison is truly the thief of joy.

But, conversely, it can be a huge motivator if harnessed correctly.

Competition is part of human nature, and a large part of my “success” can be attributed to my inherent competitiveness.

Think of CR7 and Messi. They wouldn’t be as great without each other.

Obviously this is a unique example, but the same logic can be applied to smaller things, such as proving someone wrong, beating an arbitrary number or competitor in the same field.

You just have to make sure that this competition doesn’t diminish the gratitude you feel inside as you climb the ladder.

Memes are selling stronger today than other major narratives like AI and L1.

And the strongest pumps have been from local lows > tops, so this makes sense.

The question is: are you buying the dip? If so, what are you buying?

#比特币 has been holding the key support area around $60,000 and bouncing upwards. I expect some lower timeframe retests at $62,000 and we will test $65-66,000 later this week. Breaking that point = testing new all-time highs.

Why is it said that the return of large-scale domestic players to A-shares is a foregone conclusion? 👀
The continued rise of A-shares will undoubtedly attract some domestic investors to transfer funds back to A-shares. After all, the deposit and withdrawal process of A-shares is convenient, safe and completely legal, which are its natural advantages. Moreover, A-shares have experienced oversold in the past decade, and once the bull market comes, it is very likely to last for 6 to 8 months. For stocks like Moutai and Wuliangye, investing in them is basically waiting for profits.
We enter the currency circle to invest and make money, not to have a relationship with it. The saying that "the currency circle abuses me thousands of times, and I treat the currency circle like my first love" is actually due to the lack of better options.
In the bull market, the money-making effect of A-shares is obviously much stronger than that of the currency circle, there is no doubt about this. The rise of stocks is gradual, while the volatility of the currency circle is unpredictable. Stocks are expectations of the future, while the currency circle relies on volatility to make profits, which reflects the biggest difference between value investment and pure speculation.
I personally may not be suitable for investing in A-shares, and I may only take 10% to 20% of my funds to try, but I will not completely give up the cryptocurrency world. A-shares and US stocks have their own problems: A-shares are T+1, one-way transactions, and small players are more difficult to participate; while US stocks are much more troublesome in opening accounts and depositing and withdrawing funds. In comparison, the cryptocurrency world is still the choice with the lowest threshold.
If you are still confused about how to operate and want to accurately grasp the entry time, welcome to follow me to get first-hand information and in-depth analysis!
$BTC

The market is behaving as we expected.

The 66-67K area caused a much-needed pullback due to the leverage pump.

Expect accumulation in these areas in October, both for Bitcoin and altcoins.

Then upwards.

$FLOKI bottom-fishing and new highs

The US economy is broken.

The only way out is to lower interest rates and print money.

The printer makes a "brrrr" sound.

New funds flow into the risk market.

Cryptocurrency is the riskiest of the risk markets.

With ETFs, traditional financial funds can finally flow into cryptocurrencies.

The largest bull market in history

Once this #Bitcoin downtrend ends, the bull run will begin.

In the field of AI, FET is definitely a project that cannot be ignored. In the past, various projects on the AI ​​track were in a melee, and as long as they were related to AI, the price would soar. However, this round of the market is likely to be different. Only those projects that have made major breakthroughs in technology and have sufficient computing power support can stand out.
As a merger of three major AI projects, FET has advantages that other projects cannot match. If the AI ​​field ushers in a wave of hype again, FET is obviously the most likely to benefit.
From a high of more than $3 to $0.65, FET has experienced a fairly drastic adjustment, but the subsequent rebound also proved its potential-it doubled in a short period of time.
Therefore, in the AI ​​track, FET is almost an unavoidable focus. In addition, arkm and render are also worth paying attention to.

#Bitcoin The week started well, however it has been stuck in a very tight range for over a month.

A break above $61,000 will trigger a massive rally towards the ATH, we need to wait for that.

The world's largest asset management company is bullish on #Bitcoin .

How dare you be bearish!

Billions of dollars worth of #Bitcoin short liquidations accumulated to around $70,000!

I have been trading crypto full time for 7 years now.

Let me tell you, I have missed a lot of big pumps during this time.

You get mad when you miss a big profit opportunity, but the truth is, one big trade or one big move will not make you rich.

Small trades, many small bets will make you rich over time.

Don't let fake P&L screenshots discourage you. Focus on the future, there is a lot of money to be made through perseverance. Perseverance, not luck.

Missing a step is no big deal, focus on the next step and the future.

There are no regrets, only lessons.

Bitcoin is moving up from $58,000 as expected in our last analysis.

1. Late bulls have been taken out.
2. We have lost the H4 200EMA and high volume node area. Price is expected to slightly exceed this area, but this is a resistance area and I will take profits here.
3. OI fell 20% down in a small 6% move. A lot of late bulls have been washed out, but we need to be wary of those who enter the market again.

It is not the time to short yet, but taking profits in the above mentioned areas is the best course of action at this time.