Here's a safe trading strategy to follow:

When you identify a project you strongly believe in and decide to invest $1,000, consider this approach to manage your risk: Once your investment doubles (2x), sell half of it. This way, you'll recover your initial $1,000, leaving you with profits for any further gains. If the remaining investment appreciates further, that’s a bonus! If it doesn’t, you won’t have lost anything. Just be sure to avoid buying when prices are at their peak.

Timing your entry wisely is crucial to making this strategy effective.