This topic was earlier created on the bitcoin discussion
https://bitcointalk.org/index.php?topic=5313422.0But I want to add a little to it
The are alot of different investment strategies it all depends on you
But I will throw light on what I have experienced
1. Crypto currency market are really unpredictable so carefully study the currency you want to invest in
2. No gambling mentality is allowing
3. Eliminate your emotions when investing
4. Focus on long term and not short term investment
5. Invest only what you can afford to lose
6. Be patient
7. You must have a goal(aim) if not you might fail:
When you get a coin you have to set a certain price that if it reaches you sell
Let get an example you get a dodge a coin at 1= $0.04 then you tell your self when it reaches 1 Dodge = $1 I will sell; but eventually it reaches you will now decide to keep it and say it will continue rising you might end up losing because the cryptocurrency market are really unpredictable
So set a target
But most of all be patient and careful while investing in cryptocurrency
No coin is a waste, time will tell