Yes, it is important to determine your own needs and circumstances, including your return objectives, risk tolerance, investment horizon, liquidity needs, income needs and constraints, before making any investment decisions. Doing such an assessment will help you generate good investment results
I think your suggestion can be a good reference if it is actually implemented. When it should be prior planning that can determine good results for your investment in the future. Of course, seasoned with several considerations such as token selection, potential, and risk levels. Of course the last thing is to be ready to accept the risk and be patient.