$ENA

I want to talk to you about my honest experience as a crypto investor. I've been investing in the traditional stock market, and recently I've become interested in cryptocurrencies. After 2 months of learning and delving into this world, I've seen people blaming cryptocurrencies, saying it's a gamble, it's a scam, just as there are people who invest in MEMES and end up losing all their money. Then, 3 out of every 10 people in this forum seem to know the future and tell you what will happen with the current currency; the other 4 are copy-pastes of the former, and only 3 are honest individuals.
I'll share my investment strategy, which has given me a 30% return in a week. What I do and don't do, maybe it can be useful to you, and make you think twice before playing with your money.
I never invest more than two dollars in MEMES. Crypto MEMES offer the opportunity to make a lot of money, but also to lose it all. If you want to live off trading, you must be profitable in the long run. Insubstantial coins are like buying lottery tickets; I only dedicate 1% of my spot to them.
I look for coins with serious projects: reliable, strong, with a large investment behind them, coherent, and with a utilitarian purpose. A very good example of this is ENA.
I look for long-term bullish coins: This is the sum of the above. If a coin has a serious project, it is very likely to be bullish.
I never use leverage: I only lose what I can afford to lose, and only win what I can afford to lose. Leverage is not profitable or sustainable in the long run in cryptocurrencies, coins are so volatile that they will challenge your psyche; leverage will multiply that responsibility, and if you win with it, you are very lucky.
I ALWAYS thoroughly research my projects: For me, any technical analysis is nothing more than short-term speculation; it might work for you, but one wrong step and you'll lose. The fundamental analysis of the project you're investing in is more important; in that sense, I consider myself more of a holder, as I always invest in increasing my chances of winning in the medium and long term.
I always operate in longs: The advantage of selecting a bullish coin with a good project ensures me that the future minimum will be higher than the maximum in almost all the investments I've made.
I propose an entry and exit plan: I believe that most people miss their opportunities in the bullish market because they are too greedy at the moment or don't know when to withdraw. Personally, I prefer to propose early exits that are realistic and have the mentality that no matter how much it may rise, if the price reaches the exit point, then I will sell at that price. It doesn't matter if the crypto has good chances of reaching x5; if I see fit, I'll look for x2 or even x1.5. Some might think, 'Maybe if you had waited a bit longer, you would have earned double or even more.' What really matters is that I gained; the future cannot be predicted; you can only seek profitability through strategies.
Entry & exit strategy: I'll give you an example of the current crypto ENA. I entered with the intention of investing $200 there. The first thing I did was research and conduct a fundamental analysis of the project. Once I was convinced, I bought around 1.1 with $100; I held onto my other $100 and split it for purchase orders at a 10%, 15%, 30%, and 40% reduction from the current price. In case of a fall, I don't panic or sell my initial $100; instead, I buy on dips and hold until my exit price. Once I reached my exit price, set at 1.3, I sold 65% and left 35% at a price of 2.4. I had faith that it would work and definitely gain something because, as I said before, serious projects tend to be bullish. Even if you buy at all the peaks, as long as you hold, sooner or later you'll recover your initial investment and even make a profit.
I only buy on dips or low prices relative to the currency's past, and if I see a promising coin at a very high price in my opinion, I wait for it to drop so I can buy. I'm never afraid of missing the train; if I miss my chance on one coin, there are many others; the important thing is that the possible loss is always smaller than the future gain.
I never regret selling early, and always, ALWAYS respect my exits and entries: If my selling goal is 1.3, I'll sell at 1.3 NO MATTER WHAT HAPPENS. If it crashes, I inject money, and if it rises to 10 in the future, well, tough luck, but I still came out with a profit. I prefer to settle for less rather than risking losing everything for greed. You must always be firm when it comes to profits; it's the hardest part of trading in my opinion. Without a plan in mind, you'll be influenced by market sentiments; if you want to win, you must keep a cool head and not celebrate prematurely; otherwise, you're speculating, and in the long run, you'll regret it.
This strategy only works with serious coins; try it with a MEME Coin, and I can only wish you good luck.
I hope this has helped you. My strategy may be very conservative and 'scared,' but people don't understand that x10, x20, and x50 are fantasies; they don't understand the true weight of money. For someone to win 100 times, another 100 people must have lost the equivalent amount. Whales aren't made overnight; there are years of experience, investment, and above all, being profitable in the long term.
Tell me what you think, and if I'm wrong, don't hesitate to leave me your response. I hope it helps someone who's just starting out, DYOR.

Kairos informs you.