The attacker believes that if he works hard he can become one of the game's greats while he is concentrating on his football in Portugal despite rumours of a move elsewhere
The Colombia international has scored four goals in all competitions thus far this campaign, and he admitted that he is living a dream he has had since he was a small child.
"Since I was five or six years old I wanted to be a footballer and now I am fulfilling many dreams, but I think I still have a lot to accomplish," he told futbolred.com.
"[My dreams are] first of all go to a World Cup, win the Champions League and to be the best player in the world, but for that I must work hard."
His performances in both Portuguese domestic football and the Champions League have led to reports linking him with moves to a number of other clubs, including Manchester United, but the 21-year-old explained he is just concentrating on performing for the Portuguese champions.
"We all know that Manchester United are a great club. Of course, England is a great league, but now I'm thinking of Porto. We are having a good time, also personally I'm feeling fine now, I'm focused there."
The youngster has also performed well on the international stage, and has struck up an exciting partnership with the in-form Atletico Madrid forward Falcao, who the starlet believes could challenge for this year's Ballon d'Or.
"Why not [on whether he could win the Ballon d'Or]? Of course, he is doing well. In the Spanish league he is at the same level as Cristiano Ronaldo and Lionel Messi, so why can't he be a candidate for the player of the year?"