Crypto Profits Simplified: No Hype, Just a Real Exit Strategy!

This is going to be a fun video, speculating, talking about taking profits. What does it look like? It doesn't matter what crypto you're holding for this video, but we're going to use ADA as a very simple example. And if you're watching this on YouTube, I appreciate you watching. This is first being released on sub stack, so I'm going to release this tonight, but I have this sub stack newsletter right now, there's, it's free newsletter, and there's no paywall. We're approaching 1000 subscribers. I'm still trying to figure out how I want to handle the sub stack, but I want to have some fun with really releasing, kind of just a different dynamic of videos. And we're going to, we're going to start with, kind of this one on, on the newsletter, and it is about taking profits so everybody, it's just this time of the cycle. It's this time of the cycle. And before we even talk about speculating, and we look at what exit gains might look like, taking profits, what it might look like. And we really run numbers, I have to start by saying something. The first thing, I mean, this is, for me, the starting point in visualizing this and planning this is to understand, accept and be comfortable with if it doesn't happen. We can't sit here and just be like, You know what? We know it's gonna happen. We're getting a repeat what if this cycle? It doesn't it's always the it's always the question. You all know, if you watch my content, I'm so bullish. I am so bullish on crypto. I think it's so early right now. I think, I think we're going to get a repeat maybe it doesn't play out exactly how we're all thinking. I'm very bullish, but I can't sit here and just 100% say that this is going to happen. We have to be prepared for everything, and that is the starting point, because we're about to speculate, and it might get hard to speculate, because it's like, man, is this for real? When you, when you start speculating with your portfolio, and you're seeing, you see the potential for gains, just bring in that excitement, put away the emotion, and just understand there's no guarantees. That's the starting point. And then as we start speculating, it's about understanding that the key to this, and I'm just saying this from experience, what I've learned, the key to this, taking profits in crypto, is you absolutely have to have a plan. And this is why I built a spreadsheet. It's why I like it. It's so simple that this is nothing. This is not the most beautiful spreadsheet, but it helps me visualize and have a plan. Because if there's no plan, then it will be just so easy just to fall into the emotional aspect of crypto, it will be almost impossible to press that sell button have a plan. So let's do it so very simply on the ADA chart. You can do this on other charts. I'll probably do this on for dog. I'm extremely excited about dog. That's going to be fun. One to talk about speculating on, on taking profits. But here's where we are in the cycle compared to last cycle, right around here, right? Don't know if it's going to break out, you know, sooner later, but let's just speculate that we get the breakout eventually. And let's just conservatively, for the sake of this video, let's take it to like a five to $7 Ada, that's not my price prediction, everybody. But for this spreadsheet, it just, it's just a very simple kind of range to work with in speculating. And here's, what it looks like for me. And this is, I haven't really done this yet for myself, but I'm going to probably do this soon so I can have the plan, and the plan will likely be tweaked as we enter any type of bull market, as things are, you know, as as records are broken or price points are broken. But this is a great starting point to start visualizing. So let's say, for this scenario, I think a very simple number is 100,000 Ada, a very simple, clean number to work with, and just put this on the spreadsheet. So as you see, we have 100,000 Ada, we have a sale section, and we have an how much ADA is left section and a profits, profit section. So 80 cents, let's just say, You know what, you think eight is going way higher than 80 cents. But you're like, I just need a little bit. I just need to get those, those cell fingers warmed up. It'll be nice to take any type of profit. And maybe you're like, you know, gonna just sell 5000 and many of you might be like, that's just, why would you do that? That's not worth it. But I'm just saying there needs to be a point where you get your sale finger fingers warmed up to just, just to be like, You know what? I'm selling a little. And by the way, the starting point as well for this, I think, is a very important if you have 100,000 ADA, the question you should ask yourself, how much ADA do I want left at the end of the bull cycle, and if we're about to go into another bear cycle, a multi year consolidation, how much ADA Do you want left? Or how much ADA Do you want to take at the top of the bull market or the beginning of the bear and put into Bitcoin? How do you want to handle that? How much ADA Do you want sitting in these markets? Even if you move it to Bitcoin. So let's say for this scenario, let's just say we want to have $50,000 50,000 ADA left. So there's our sale of 5000 ADA. Eight is breaking $1 and you're just kind of like, you know what? You're looking at the chart, yeah, you got your ADA sales fingers warmed up, and eight is at $1 but you're looking at the chart, and you're just like, You know what, the market is? Just really good. We're so early in the cycle, I think it's going strongly higher. You're going to skip the dollar 20 sale on here. You're going to get to $2 and you're going to be like, you know, I'm not even going to do that. I'm going to, I'm going to wait till 220 and I'm going to sell. I'm actually going to sell 15,000 Ada, $37,000 right there sold total. So we have a $33,000 sale, a $4,000 sale. And then we're, you know, we still have 80,000 Ada, left, right? And you're like, you know what? Eight is going to all time high. I'm skipping the 270, at 325, I'm, I'm actually not even going to sell there. At 350 I'm gonna sell 10,000 Ada, and right there you're at $72,000 total sold. You have 70,000 Ada, left. Eight is cruising. Eight of crushes $4 you're like, I'm waiting till five. That five to $7 range, you're checking the chart. You're checking the markets. This five to $7 range is becoming pretty, interesting to you. And you're like, just over five, I'm selling another 10. And then just over, you know, at seven, I'm going to sell another 10,000 so here you are. You sold 50,000 ADA. On, on in the bull run, you have 50,000 ADA left, which, by the way, and this is important, as you're as you're actually speculating these things, you'll realize, wow, okay, at this level, there's gonna still be this much sitting there at $7 if eight is at $7 you're gonna have and you have $50,000 left. You sold $194,000 but you still have sitting in the markets, $350,000 so as we're even just speculating. This is, like, just off the top of my mind as we're speculating, and you're realizing things like that, you're going to be, you're going to tweak your your plan, right? You might go heavier on the last half of this and and less on on the beginning, kind of being like, you know what? I'm getting rid of that this, these sales at the beginning of, you know, 80 cents. Why would I do that? 220 Why would I do that? And now we're in this scenario where you can go a little bit heavier on the on the last half of it, or even starting at 270 maybe you want to take your first $20,000 sale, right? So there, this is what it looks like now. And you're not selling until 270 approaching all time high, but you're still leaving a bunch left, right, and a total of 211,000 sold. You sell 50,000 Ada, left, maybe, maybe you're looking at the scenario you're like, you know what? I'd be good selling 70,000 Aden, not, not just 50,000 but this spreadsheet helps you start just really exercising that take profit side of your brain and the selling side of your brain. I don't know what your, you know, accumulation of ADA, or any of crypto you've, you've been holding looks like, but you know, there's going to be people that have probably, maybe, maybe they're brand new in Ada, and they're just, like, right here they got in. They're like, You know what? I'm just, I've been accumulating ADA. I just, it makes sense. I think it's going to do well in the bull market. 34 cents is, like, my average. I have 100,000 Adas, like $34,000 in. Ada, maybe that's somebody. Maybe you're out there and you're like, Dude, I I like, I was, like, trying to buy the bounce back here at $1.20 and I just, I've been averaging in ever since then. My average is like, you know, 80 cents. Or maybe it's, maybe it's maybe you bought down here, your average is 25 cents. I don't know what your situation is, but either way, everybody's different. But when you start just everybody, no matter where you are, on this scale, everybody can use a spreadsheet like this. Everybody can use a plan like this, because it's simply a visualization exercise, that the plan can be changed, but it's visualization exercise. And what's meaningful for you in terms of taking profits, how does it impact your life? All of our lives are different. Everybody, all of our lives are different. And so the way in which we take profits and what's really actual, actually meaningful to us, is going to be different, but it is. It is best to be prepared, because these markets, and especially a bull market, if you, I don't know, if you look at a chart, the first thing I notice is how fast the bull market is, and then how quick it's over, and then how long it is until the next one. You look at a Bitcoin chart, it's very, very clear on those charts. If you look at the cycles of Bitcoin, it's like four years, four year cycles. Three of those years are just down or sideways, this, this, this will go fast, this bull market, if we get it right. So these are my thoughts, completely speculative. Of this is a very random out of nowhere video, but I wanted to start kind of having this conversation again. I'm going to have more conversations about this with maybe just more more opinion, different aspects. I said I wanted to do one on dog. Definitely will do one on dog. Can talk a little bit about Bitcoin as well. So I'm going to be talking about this more. I know there's a lot of you that are thinking about this, taking profits, what it looks like, how to do it. And these are my thoughts. I keep it simple. This is this is simple, and this is how, this is the way my mind works. I don't like to over complicate things. If I can't keep it simple and succeed from a simple plan, then you know, how am I going to succeed from just using some type of crazy, crazy too, in depth of a plan. This is a simple plan, and that's that's just how I operate in in investments, in business, in everything. So these are my thoughts. I appreciate you. If you're out there watching, if you're in the newsletter, pretty sure most of you aren't commenting on sub stack newsletters, but if you're on YouTube, feel free to comment whenever I post this. But yeah, I appreciate you watching. Hit the subscribe and I will see you in the next one. God bless.