I guess there's many ways to do this. Let's say you invest £500. Your goal is to 10x you investments and happily pull out.
You invest in 5 coins. £100 each.
You track your investments and see that on your £500, you now are overall 100% up and see you have made £500, so £1000 in total.
Would you pull out £500 or would you leave it all in to grow to your 10x?
Any strategies here I can get to know?
Some people have the habit of pulling out their capital when they made enough profits and some others have the habit of pulling out the total profits and leave their capital to grow again so it all depends on individual requirements from their investment but leaving the capital along with the profits you made or simply invest the profits on another coin is called compounding and which is more effective than any other strategies.