First and foremost, i only invest with money i can afford to lose and only into projects i have throughly researched.
This sounds perfect.
I hodl again until the price reaches 10X. Then sell 20%, giving me a 100% return on my investment again. This would be my first actual profit. I hodl again until the price reaches 100X. Then sell 20% again, giving me a 800% return on my investment.
I hodl again until the price reaches 1000X. Then sell half my remaining balance, giving me a 1600% return on my investment. At this point I would still retain 16% of my original balance and have recieved a 169X return overall on my investment. Obviously I would have to get in early on a coin/asset and still then wait years potentially to see the returns I want. I'd have my stop loss set at 75% of the orginal price until my first selling at 2X and 50% of the original price there after.
So that's my plan, how's it sound? Obviously I could hodl for the 1000X the entire time, but I feel this is a nice way to lock in some profit early while still holding for the long haul.
This may have a flaw. "Rinse and repeat" strategies sooner or later do fall. Of course, you're on profit and you afford that, but it's better to stop earlier.
First of all I'd start with a strategy for step 1 that stops earlier than 10x and gets the investment back without profit or small one. Like 5-6x and cash out 20%.
After this I'd make more tangible targets: buy this, buy that (car, property, name it). When the value of an asset grows beyond that keep a part of it as future investment and buy the thing you need.
This make sure you get some earning even before 100x.
If you diversify enough, this is already enough. 1000x is imho too big to be set as a target.