SL's profit taking strategies - when to use profit from under a penny coin and buy blue chip coins (Patreon)

Tues, 4.6.2021

Hi all -

A lot of my members have asked me when should they take profit? The goal of getting into an under penny coins/gems is because those coins we can buy A LARGE amount of such as 1M quantity for really cheap. 

For instance, we decided to buy WINK on 3.25.2021 before the run up because this coin is predicted to hit 0.05 in the future. We were able to get 1M Kin for $324.00

VERY IMPORTANT:  

(1) I realized yesterday that some members didn't buy 1M coin when I suggested a really cheap penny coin.  The trick of this strategy is we need to get a large bag 

( 2) 1M coin is the minimum 

(3) some have a bigger budget they buy 10M coins when they see an under a penny coin  has a potential to do really well. They take on more risks, but it paid handsomely. 

(4) if we have a large bag of an under a penny coin, we can take partial profit along the way to get the blue chip coin for free. We don't have to wait until it hits my predicted price to take profit.

(5) while my money is stuck in those trades, I ALWAYS keep an eye on the blue chip/core coins that I wanted to buy. I monitor their prices action; I wanted to buy my coin before it gets too expensive.

For example:  If I wanted to get 25K of IOTX, then I do my math, I say, okay, some of my under penny gems are in profit. I need to sell a certain quantity of WIN in order for me to get 25K IOTX.

• On 3.25.2021, 600K WIN * 0.0003241 =  $194.46
• Today, 4.6.2021, 600K WIN * 0.022 =  $1,320
• 1,320- 194.46 = $1,125.54 PROFIT

I sold some WIN today to pick up IOTX:

• SOLD 600K of WIN * current price 0.00220 = $1,320
• BOUGHT 25K of IOTX * current price  0.0508= $1,270

I also sold some coins today and a few days ago to pick up the following coins:

• Sold 50% of VRA to pick up 111K DGB. I have a DGB quantity goal that I want to reach. I wanted to pick up DGB now before it gets more expensive. 
• Sold some XYO to pick up Sylo, AGI, IOTX. I bought Sylo a few weeks ago and sold it to get Wink made some profit and now bought back Sylo.
• Sold some Harmony One to picked up Bond, Reef, LINA
• Sold some Wink and picked up FLM
• Sold some DSLA and picked up Pillar

Let me know in the comment section if you are confused about this strategy. I can explain in another post why I buy certain blue chip coins, etc.