In the Cryptocurrency journey, some individuals have made big figures while some are still struggling to find their footing despite being in the crypto world for a long time. What really matters for success in the cryptocurrency world isn't how long you've been in the game, but the strategy you use.
A good crypto strategy balances risk-taking, fear, and greed. It has a good entry and exit strategy.

The entry and exit strategy plays a crucial role in the success of every crypto investment. Many crypto investors fall prey to FOMO ( fear of missing out ), unwarranted greed, and unnecessary fear. Some are in a pitfall of trying to hold onto crypto asset indefinitely. HODL ( Hold On For Dear Life ) may seem relaxed and hands-off but it can blind investors from taking profits when they should, especially when dealing with Crypto assets that look promising. The fact is, there will always be a correction in the price of every crypto asset. We just have to create a good profit-taking strategy, say, taking profit with X % of your total tokens during the price surge and buying back during the correction ( for coins with potentials ) / using the profit for other investments.

Below are a few Crypto Strategies that can aid our Crypto Investment journey.

1. Having a Strong Stand Against FOMO
Fear of missing out ( FOMO) has pushed many crypto traders into buying at the peak and being used as exit liquidity in the end. If a crypto asset has surged above 20% before your notice, it is ideal you wait for a correction before buying. If somehow you feel that correction won't happen any time soon ( which rarely happens ), ensure you buy with what you can afford to lose, and be willing to wait longer.

2. Set Price Targets.
The primary reason for buying Crypto assets is to make profits. The love for the tech around the assets is secondary. It is thus important we set a price target at which we take profit. Avoid unwarranted greed when setting price targets.

3. Always Set Limit / Stop Order

For traders, it is paramount you have a Take Profit / Stop Loss order set before you hit buy. This is important because, at this time, the trade is yet to begin, and you are still thinking with a clear mind. Emotions usually play a part if you decide to set the stop and take a profit order after the trade has begun.

4. Dollar Cost Averaging Is a Useful Approach
This method is great for assets that have already gone up a lot in price, especially if you don't have a lot of money to invest. It means buying a set amount of cryptocurrency regularly, no matter what the price is, so you end up with an average price over time.

5. Research Before Investing: Before putting your money into any cryptocurrency, do thorough research. Understand the project behind the coin, its technology, its team, and its potential for growth. Make sure you're comfortable with the risks involved and the long-term prospects of the investment.

6. Diversify Your Portfolio: Don't put all your eggs in one basket. Diversifying your investments across different cryptocurrencies can help spread risk. Consider investing in a mix of trending blockchains like Ethereum, Solana, Polygon, Avalanche,etc, as well as promising Memecoins with usecases.

7. Stay Informed: Stay updated on the latest news and developments in the cryptocurrency market. Follow reputable sources like coinmarketcap, coingecko,etc for insights and analysis. Being informed about market trends, regulatory changes, and technological advancements can help you make better investment decisions. There are many analytic website that analysis smart contracts, team member, tokonomics of projects; ensure you use them before purchasing a coin.

8. Be Patient and Disciplined: Cryptocurrency markets can be highly volatile, with prices fluctuating wildly in short periods. Avoid making impulsive decisions based on short-term price movements. Stick to your investment plan and remain patient during unfavorable periods.

9. Use Secure Wallets and Exchanges: Protect your crypto assets by using secure wallets and reputable exchanges. Choose wallets that offer strong self custody (web3 wallets like Metamask,Core, etc), use exchanges that have security features such as two-factor authentication. If you can afford a hardware wallet, it will be a good place to store your crypto. Be cautious of phishing scams and only official websites for download and interaction. Avoid downloading files with the device for your crypto activities...