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?
Is this a strategy? Isn't this sheer gambling? You just place your bets on 5 different cards and wait for any one of them to hit the jackpot or wait for all to win a jackpot? Investing strategically means choosing different companies based on any metric or number of metrics and then putting your money in the coins that come out as a result of that metric. You still can suffer a loss in this situation but at least it's not a dead gamble that you have put on 5 coins. Talking about pulling out when you have invested based on some technicals and fundamentals you will have the targets of each coin along with you and you don't have to worry about selling them based on your luck and timing. This is what a strategy looks like.