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.
Desire is the only thing that could make you hold or sell your coins. If you tend to make 1000x profit over an investment, you need extreme patience because it may take years to accomplish your goal of having something reached 1000x. Are you inclined towards just one single thing that you feel, may do a 1000x? Or are you interested in doing this like changing your investments every time you reach x times your profit goals? Because both may be risky as well as different returns would be there, but changing investment is a better option than sticking with something which may get outdated with time.