How can I set and adjust my crypto investment goals based on market conditions ?

ECOMI

Qualified
Jul 10, 2023
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I'm new to the crypto world and I'm trying to figure out how to set my investment goals based on the current market conditions. I understand that the markets are very volatile and that I need to adjust my goals accordingly. Is there any advice that experienced investors can give me in this regard?

I'm aware that I should look at the current trends, how the market has been behaving in recent times, and how the different coins have been doing. But I'm not sure how to use this information to set my goals. Do I need to set a target price for my investments? Should I look at the long-term or short-term performance of the markets? Are there any strategies I should keep in mind when setting my goals?

Any advice or tips from experienced investors would be greatly appreciated.