After the LUNA and FTT cases, now I will observe or check prices at least 3 times a day, the presence of the Coinbase and Binance applications makes it easy to quickly make decisions, if you see that the price is going to drop then sell immediately, investing in cryptocurrencies is like a roller coaster which is difficult to predict.
It is natural that we will face up-down condition of crypto currency. A huge number of people got unexpected profit from Doge, Shiba Inu. We have to adopt with worst condition also like FTT and LUNA. Without risk, nothing is easy for us. But before investment, obviously we should need deep analysis for finding best project.
In addition to the analysis you also do not focus too much on only 1 project to invest in, you have to divide some investments, for example 30% to ETH, 30% BTC and the rest can go to other altcoins, but this strategy must be you yourself choosing which project is best for the upcoming bull market, do not be easily influenced by others
Better not, you need to do your own research and analysis in finding the right way with your investment, following other's strategy might lead you to lose your money, they have sets of plan just in case the market will not favor the position that they have while you don't have anything and if fear will dominated you, the chance that you will sell your holdings during the bear market and unable to recover once the market start to bounce back.