How to invest sats?

Could you elaborate on how an individual can effectively invest in Satoshi's, or 'sats' as they are colloquially known? Given the volatile nature of cryptocurrencies, it's crucial to have a clear strategy. Would you recommend starting small and gradually scaling up investments? What are some of the key factors to consider when choosing a cryptocurrency exchange or wallet? Also, are there any specific tools or platforms that you find useful for tracking and analyzing the performance of your sats investments? Finally, could you share some insights on how to manage risks and ensure long-term growth when investing in sats?