This is the Strategy I was following in crypto. This is the example.
buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee))
Sell 50 @3.00 = 150
Sell 50 @4.00 = 200
Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
Well, I agree to your strategy they are all good and not hard to follow. Just keep in mind this mindset and flow if you will engage on some investing things, buy low and sell high, it is like invest when the price is still low that would only means a profit once the crypto price change positively. Keep your eyes on the price, review before putting out some money, just make sure that you will have a profit on the end or not.