According to Miles Deutscher, in the context of trading oversold cryptocurrency projects, a strategic approach is to wait for a trend reversal and enter trades upon confirmation of a new uptrend. This method might result in missing the initial 20% increase, but it helps avoid premature investments and provides clearer points of invalidation. Deutscher's strategy emphasizes risk management by avoiding 'catching falling knives', which is crucial for traders looking for more certainty in their trades (source: Miles Deutscher's Twitter).