New to the market in 2020, YOLO into Doge @ .04 I had just over million$ in my bag @.72 , didn’t sell. I still hodl today, praying that daddy Elon implements it on xpayments. Lessons learned just super expensive lol. Luckily I found your channel in 2021 and stacked BTC,TSLA, MSTR and SOL hard during the bear. I’m excited to take profits when the time comes, just concerned with the possibility of an extended BTC super cycle. Appreciate you and your team for all the alpha!
I bought $1,200 of Tooker on jupiter.. 3 weeks later it was worth almost $60,000, and I rode it all the way back down to $3,000...... that will never happen again
Held from 34k BTC to 68k then down to 15k and back up to 73k and here we are. Never took profits but I think of Bitcoin as retirement money so that drop felt like a generational buying opportunity more than anything idk. In fact, my original investment thesis relied on the idea that there would be another massive drop for me to buy down cost basis and ongoing volatility to manage that cost basis going forward. Was able to get some full bitcoins down at those winter prices
Great show James! I love your conservative and risky style at the same time. I hope to learn it some day. A pleasure to watch. Take care, thanks so much!
I held ADA from .09 to $3. Never took profit, went down with the ship last bull run. Did the same with FET. Never again will I do this. DMGI bought at 0.08 sold at $5. RIOT bout at $3 sold at $75. Alt coins I screw up. Bitcoin miners made me rich last cycle.
Hi James, great video as always! Here in Australia we have to be careful when we take profits due to Capital Gains Tax. If you haven't held the asset for more than 12 months then your paying the top amount of CGT and there goes a huge chunk of your profit.
You've got to know when to hold 'em Know when to fold 'em Know when to walk away And know when to run You never count your money When you're sittin' at the table There'll be time enough for countin' When the dealin's done The Gambler by Kenny Rogers
I did with BTC. Holding from mid 21 till now. Cost K 30 went up to K 69, held waiting for K 100. Never happen. Now Learning from my leasson. Thank you James.
Round tripped my whole bag from 2021... Still haven't sold... A majority of those projects will never be back to all time highs. But i was able to average in a little bit during the big bear so there's that...🎉
In my early days of investing I bought Hylion stock, I 3x and watched it go below cost basis by 20%, biggest teaching moment ever, and glad I experienced it early on.
The Sunday Q&A is one of my favorite videos from you. Especially, when the questions are geared to teach. Excellent video and much appreciated. Got to sell to make a profit. I love it!
4:12 - "Who here in the audience watched something skyrocket and didn't take the profit and watched it going all the way down and below". Are you talking about 2013 - where someone buys Bitcoin for $500, watched it skyrocket to $1,200 and dropped below $100, But still hold it until 2024? Yeap, some duds mad this...
Agreed.. it's much much worse watching an altcoin Skyrocket and then dumped lower, because you never know if it's coming back. I've done that multiple times with btc, and don't mind as much because I know it will always come back
We can not thank you enough James for all your precious infos. Switched ADA to SOL end of 2021 following your several advices, it really helped me as i was really in a total loss...Cheers
41:10 wow. Thank you Beanez. You asked a question I had last month but James has answered. Very similar to how I proceeded (but I don't have the tools to time the market or the time). In the long run, will be pleased with our bags.
@@InvestAnswers I suspect my bags cost more but I was late to the party (still early thou - but I had property and dancing in wooden boots not easy tap, tap).
I bought $1,200 of a meme coin called Turbo back in December 2023 and in May of 2024 those $1,200 went to $22,000 I got greedy and never took profits now those 22 grand are worth $10,400. It's easy to buy but not easy to sell for me. 🤦♂️
Currently in the red on my basket of Solana Alts, after initially tripling it. Luckily I wasn't risking much in that one (5%) but didn't take profits when the going was good.
Last cycle rode £1200 in Telcoin to around £60,000 my friends had similar amounts we all talked eachother out of profit taking and rode it all the way back down.... Hope was my only strategy 😂🤦🏼♂️
Hi James Girl from Minas Gerais here :) I invested £22k in 3lmi a few years ago and watched those £22k turn into £993k in a space a few weeks! I did not take profit as I the plan was to take profit at the 2 million mark, pay my mortgage in London and retire. Unfortunately I'm now back to 20k. I have all the prints to show. I did not know the 30% fee Graniteshares charges for 3lmi. The fee on this specific etp is abusive. If I knew, I would have sold and be a millionaire by now. Btw I follow you since your very beginning on youtube. Thanks for everything you do. I made the right calls all along but made mistakes in the end.
I am not a commenter. This is 2nd ever and so I want to say, yes, I've held onto looser way too long AND I think you're amazing, and generous, and funny. Thank you.
I love your show James. I can’t tell you how grateful I am for it. Over the last 2-3 years I went from debt to building a bag for the first time in my life. That coincides with working my tail off to make myself profitable. Keep it up man, your generosity is priceless.
Awesome video! 👊 Thanks James. Keep showing us the best methods for taking profits off the table. It’s so hard to know when the right time to call it is. 😅
Hello James, thank you for your videos. Yes I have been in that same situation. 2021 cycle.. I bought XRP at its low for 2020 levels. bought in because of the beleivable narrative by so many.. If I can remember correctley from .30 to 2.5 over night it felt like. there was so much hype and compelled narrative that the even before lawsuit decision was 7-14$. I had conviction and was up over 4x, didn't even think twice to remove profits and relieve myself from the risk. Turns out I left the cycle with a hard lesson learned. could have been more profitable today then ever. But decided to trade and move cash till there was nothing left. Thanks for your updates!
Hi James, big fan and long-time listener. If you take profits (as in your example today of 80%), how do you keep a low buy average, and how do you not run out of the asset you keep taking profits out of. I'm a whole coiner (BTC), and if I take profits, I'll no longer be a whole coiner when it does hit 100k to 150k, which I'm expecting in the next 5 to 6 months. Thanks for your attention, much love!
I don’t like buying more bitcoin last few months because i hate seeing my avg cost go up.. I’m still under $30k and hate watching it notch up buying over $58-60k
I bought $500 of coq, ride it to 14k, then back to 3k, then to 29k then back to 5k. I try not to think about it! If it has another surge im definitely cashing out!!!
I bought doge for $500 when it was still very cheap. It made me again of about $25000 gain, I was greedy!!! You know the rest of the story but I learned my Lesson though still struggling with greed I am doing better.
James’s since you asked, my first crypto to ever buy was eth so I could buy shib in shibaswap before it was available in cex’. $500 turned into $7,000 and I held because I was a noob. Soon it came back to earth and I eventually sold it for $1,000. Another one was sphere finance (defi). Another was called mdb. Eventually we learn 😅
Thanks James. I started in 2021, bought near the top and rode it all the way til now, it hurt. I'm back to about even now, after getting out of the losers that I thought I was being cute with. Not doing that this time around, I will be taking profits. I'm roughly 60% btc, 30% sol, 10% tsla. Do you think BTC will still have a normal sell off and new extra high floor price considering thing like the ETFs? Of course I'm already worried about getting back in. Edit: Luckily I DCAd back in dips at 20k, 35k or so.
James, I watch your vids almost daily. Where can I learn which apps are best to use as wallets for payments in BTC if needed. Not saying I’ll be using it, just in case I need to travel and I need to as alternative payment method
SWARM network.. 2021.. My first and only lesson.. I bought $3500 and watched it go to $68k in lke 10 minutes, then watched it plummet to $800 haha. still haven't bothered selling! in fact dont even know where the swarm network staking even is now haha
Hi James, great to have the reminder to take profits... but I still don't know best place to store profits as dry powder... ready to reinvest. Can you please talk us through best options?
Question: At 6:10 the LILO is anchored at the bottom of the run, but this is in retrospect. How would you know to put it there and to take profits as described before it happens?
@ianf8005 😂 just like me although my figure is about double that at 60%, only in the past before I found James’ channel
awesome work buddy
I’m honoured 😊
Sir,
how do I plug my 2 holdings into your profit taking model?
Thank you
@@stevecannon553 it is designed for one at a time and change the settings for each asset. Training video will launch tomorrow.
How do I get into this profit taking and pair trading program? I am a Patreon member.
New to the market in 2020, YOLO into Doge @ .04
I had just over million$ in my bag @.72 , didn’t sell. I still hodl today, praying that daddy Elon implements it on xpayments. Lessons learned just super expensive lol.
Luckily I found your channel in 2021 and stacked BTC,TSLA, MSTR and SOL hard during the bear.
I’m excited to take profits when the time comes, just concerned with the possibility of an extended BTC super cycle.
Appreciate you and your team for all the alpha!
I held solana from $250 in 2021 to $7😂😂😂... i bought alot at 17-$20 last year
I was investing in MSTR, RIOT and MARA last bull run. I was 900k in profit and held it to 0.
I will memorize this video.
You had futures or options not stock.
@@daniellegler4011What's your negativity all about? We're here to share our stories, learn from them, and share some knowledge!
Been here for about 4 years James. This is one of your meatier performances. Thank you
I bought $1,200 of Tooker on jupiter.. 3 weeks later it was worth almost $60,000, and I rode it all the way back down to $3,000...... that will never happen again
Shit
Rode a memecoin from 1200 to $390000 and back down to 50k 🤢 sold 50k
@JamesVEVO1 damn.. I feel your pain brother...
Held from 34k BTC to 68k then down to 15k and back up to 73k and here we are. Never took profits but I think of Bitcoin as retirement money so that drop felt like a generational buying opportunity more than anything idk. In fact, my original investment thesis relied on the idea that there would be another massive drop for me to buy down cost basis and ongoing volatility to manage that cost basis going forward. Was able to get some full bitcoins down at those winter prices
Yep, I watched 3 coins do 10X and 1 coin do 50X, my portfolio 2x, it was a lot and I didn't take a thing. 😢
Massive lesson learnt.
You must've had a lot of Shitcoins go to zero to only be up 2x on your porfolio lol.
I value my financial wealth in BTC so I never sell except to buy what I need.
💯
Btc is not for selling. Maybe spend but definitely never sell
I’ve spent over 100k on financial education when my bag would’ve been bigger if I would’ve just found this channel instead of going to a university 😅
Great show James! I love your conservative and risky style at the same time. I hope to learn it some day. A pleasure to watch. Take care, thanks so much!
I held ADA from .09 to $3. Never took profit, went down with the ship last bull run.
Did the same with FET.
Never again will I do this.
DMGI bought at 0.08 sold at $5.
RIOT bout at $3 sold at $75.
Alt coins I screw up. Bitcoin miners made me rich last cycle.
@@jamestesolin7857 yikes 😱
Excellent… hopefully I also do it right this time….Thanks to James and your story…😊
Almost the same , I took only 10% of profit. It was something, but the remaining 90% hurted a lot
Hi James, great video as always! Here in Australia we have to be careful when we take profits due to Capital Gains Tax. If you haven't held the asset for more than 12 months then your paying the top amount of CGT and there goes a huge chunk of your profit.
Thanks for sharing!
42:30 really highlights your motivation behind this-such a positive attitude and genuine willingness to help others is truly admirable👏
THIS WAS ONE OF THE BEST IA VIDEOS EVER!!!
👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽
You've got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealin's done
The Gambler by Kenny Rogers
I take profit when my mind tells me to sell but my greed won't let me so I hold until price crashes 30% then I sell.
Works every time
u crack me up
Facts
Sounds good 😂
Do you have a RUclips channel??
I did with BTC. Holding from mid 21 till now. Cost K 30 went up to K 69, held waiting for K 100. Never happen. Now Learning from my leasson.
Thank you James.
So $100k won’t happen now? James was soo bullish in the past..
I bought at 69 still holding 😅
No chance of 100k 24/ or 2025 .... 100k in 2030
@@petejames4672 Not sure I agree with that, I expect 100k in 2025.
Round tripped my whole bag from 2021... Still haven't sold... A majority of those projects will never be back to all time highs. But i was able to average in a little bit during the big bear so there's that...🎉
I sell when I want to buy something. I sold last year to buy my house. Timed it perfectly. I sold just in time to pay for it
In my early days of investing I bought Hylion stock, I 3x and watched it go below cost basis by 20%, biggest teaching moment ever, and glad I experienced it early on.
Thanks for sharing
@@InvestAnswers Thanks for all of the invaluable information provided on the channel
Im in the mood for profits!!
I, no joke, have been thinking about this subject all week. Love being on the same wavelength sir!!
Thank you James
The Sunday Q&A is one of my favorite videos from you. Especially, when the questions are geared to teach. Excellent video and much appreciated.
Got to sell to make a profit. I love it!
4:12 - "Who here in the audience watched something skyrocket and didn't take the profit and watched it going all the way down and below".
Are you talking about 2013 - where someone buys Bitcoin for $500, watched it skyrocket to $1,200 and dropped below $100, But still hold it until 2024?
Yeap, some duds mad this...
but BTC is a keeper :D
Agreed.. it's much much worse watching an altcoin Skyrocket and then dumped lower, because you never know if it's coming back. I've done that multiple times with btc, and don't mind as much because I know it will always come back
Partial profit taking is a great first step to tame the fear of losing unrealized gains.
We can not thank you enough James for all your precious infos. Switched ADA to SOL end of 2021 following your several advices, it really helped me as i was really in a total loss...Cheers
Much appreciated James and IA team!
You are the best James!! Thank you very much … as always !! 👍🏻👍🏻🎉
You're the best! Happy weekend in NL
Absolutely me. Went in March 21. Way up fast, all the way down!
41:10 wow. Thank you Beanez. You asked a question I had last month but James has answered. Very similar to how I proceeded (but I don't have the tools to time the market or the time). In the long run, will be pleased with our bags.
so true
@@InvestAnswers I suspect my bags cost more but I was late to the party (still early thou - but I had property and dancing in wooden boots not easy tap, tap).
Thank you James, and to the team another home Run Q&A. Glad to be on this journey with you. ❤
James the Boss of all Bosses! 💯
i am just an avg guy
@@InvestAnswersHumble too. 🫵🏼
Just an average guy… with BIG BIT energy 😅
yep defo done that James - not taken profit at top - watched it tank :( - GREAT GREAT content today!
lesson learnt
I bought $1,200 of a meme coin called Turbo back in December 2023 and in May of 2024 those $1,200 went to $22,000 I got greedy and never took profits now those 22 grand are worth $10,400. It's easy to buy but not easy to sell for me. 🤦♂️
Still good profits at 10k
That thing pumps like crazy. If btc breaks out of this range youll def be happy you held
Happy Sunday everyone… Missed the live but always catch the show at some point.. Great stuff James…
Thanks 👍
Happy Sunday James! ✨
I'm watching your livestream this afternoon in SoCal while cooking a delicious Indian meal.
Thank you for the alpha! 🤝
Hope you enjoy. I love Indian food and cook a lot of Chana Masala w Garlic Naan
Currently in the red on my basket of Solana Alts, after initially tripling it. Luckily I wasn't risking much in that one (5%) but didn't take profits when the going was good.
Last cycle rode £1200 in Telcoin to around £60,000 my friends had similar amounts we all talked eachother out of profit taking and rode it all the way back down.... Hope was my only strategy 😂🤦🏼♂️
Hi James Girl from Minas Gerais here :) I invested £22k in 3lmi a few years ago and watched those £22k turn into £993k in a space a few weeks! I did not take profit as I the plan was to take profit at the 2 million mark, pay my mortgage in London and retire. Unfortunately I'm now back to 20k. I have all the prints to show. I did not know the 30% fee Graniteshares charges for 3lmi. The fee on this specific etp is abusive. If I knew, I would have sold and be a millionaire by now. Btw I follow you since your very beginning on youtube. Thanks for everything you do. I made the right calls all along but made mistakes in the end.
I 10x'd my gala in 2021 in 2 weeks (on paper)... $500-$5000... and held it all the way down to $100😂😂😂 i still own it!
So many times, finally learned my lesson, very confident will do very well in this bull run, thank you very much for your help
I bought Tilray at around 80 and it went up to 300 and I held it down to 3
Yikes
Question 1 is a bijou! The best prof ever🎉
Went up over a 1000% to £295k profit, got greedy waiting for more and dropped below costs and couldn’t get a sell price, hopefully lesson learned!
Thanks, James, for your explanation of investing in the best stocks in only 2-3 areas!
I am not a commenter. This is 2nd ever and so I want to say, yes, I've held onto looser way too long AND I think you're amazing, and generous, and funny. Thank you.
I love your show James. I can’t tell you how grateful I am for it. Over the last 2-3 years I went from debt to building a bag for the first time in my life. That coincides with working my tail off to make myself profitable. Keep it up man, your generosity is priceless.
Awesome video! 👊 Thanks James. Keep showing us the best methods for taking profits off the table. It’s so hard to know when the right time to call it is. 😅
You got it!
Great show, thanks James 👍
Only ever eat food that was around pre the year 1900. That should keep you about right. Great video again, cheers.
Thanks captain, great show. Great Q&A
@@mobs3576 so happy to hear that
Hello James, thank you for your videos. Yes I have been in that same situation. 2021 cycle.. I bought XRP at its low for 2020 levels. bought in because of the beleivable narrative by so many.. If I can remember correctley from .30 to 2.5 over night it felt like. there was so much hype and compelled narrative that the even before lawsuit decision was 7-14$. I had conviction and was up over 4x, didn't even think twice to remove profits and relieve myself from the risk. Turns out I left the cycle with a hard lesson learned. could have been more profitable today then ever. But decided to trade and move cash till there was nothing left. Thanks for your updates!
Best KPM ever. Thank you James
So much great stuff in this J thank you🙏
Happy Monday James and Team! A couple of hours to go before DCA Monday. Whoop whoop!
Greatful to you James.
Excellent session James.
I buy the highs and capitulate the lows. Works like a charm.
Always always always appreciating you!❤
Taking profits is the hardest part IMO.
Love me some James and the IA team!
Fantastic video so much KPM!! Thank you James!
Glad you enjoyed it!
Yes I have. Thanks for your work and that of the team!!
Well done James. Much needed knowledge.
Great show ! Thank you my friend !
Thanks Jimbo... this was an interesting and eye opening episode mate! Well done buddy.
Hi James, big fan and long-time listener.
If you take profits (as in your example today of 80%), how do you keep a low buy average, and how do you not run out of the asset you keep taking profits out of. I'm a whole coiner (BTC), and if I take profits, I'll no longer be a whole coiner when it does hit 100k to 150k, which I'm expecting in the next 5 to 6 months. Thanks for your attention, much love!
What an episode!!!
I am so dumb!
Made mega on crypto by dumb luck!
If I understood your equation I'd feel so much better.
I don’t like buying more bitcoin last few months because i hate seeing my avg cost go up.. I’m still under $30k and hate watching it notch up buying over $58-60k
Thank you sir James, I have been waiting for this theme from NV usa 🇺🇸
Hope you enjoyed it!
Fabulous content James 🙌🙌🥰🥰
I bought $500 of coq, ride it to 14k, then back to 3k, then to 29k then back to 5k.
I try not to think about it!
If it has another surge im definitely cashing out!!!
Another insightful episode. Thanks james!
Health is wealth!! Truth ❤
Love this video thank you James.
so happy to hear
Thanks very much James😊
You are very welcome
I just dumped my ADA and MATIC. MATIC was down 39%, ADA down about 20%. I'm still up on SOL and BTC.
Thanks james
wow - what a session - full of insights!
Great show / info. Thank you. 🎉
Glad you enjoyed it!
Sell financial titanium (BTC) and put it into what? Melting ice cubes? No, I save in bitcoin, spend with ice cubes (dollars).
I have difficulty letting go because I think it will go up forever.....tsk tsk
😢
I bought doge for $500 when it was still very cheap. It made me again of about $25000 gain, I was greedy!!! You know the rest of the story but I learned my Lesson though still struggling with greed I am doing better.
James, your thoughts on Public for options trading, no commission fees and no per-contract fees.
I have watched it go up and down up 9k and watched it disappear lesson learned
You are a legend, sir! Thanks
great as always. thx🤩
James’s since you asked, my first crypto to ever buy was eth so I could buy shib in shibaswap before it was available in cex’. $500 turned into $7,000 and I held because I was a noob. Soon it came back to earth and I eventually sold it for $1,000. Another one was sphere finance (defi). Another was called mdb. Eventually we learn 😅
Thanks James. I started in 2021, bought near the top and rode it all the way til now, it hurt. I'm back to about even now, after getting out of the losers that I thought I was being cute with. Not doing that this time around, I will be taking profits. I'm roughly 60% btc, 30% sol, 10% tsla. Do you think BTC will still have a normal sell off and new extra high floor price considering thing like the ETFs? Of course I'm already worried about getting back in. Edit: Luckily I DCAd back in dips at 20k, 35k or so.
James, I watch your vids almost daily. Where can I learn which apps are best to use as wallets for payments in BTC if needed. Not saying I’ll be using it, just in case I need to travel and I need to as alternative payment method
This video was bringing the KPM heat! Mega Alpha
SWARM network.. 2021.. My first and only lesson.. I bought $3500 and watched it go to $68k in lke 10 minutes, then watched it plummet to $800 haha. still haven't bothered selling! in fact dont even know where the swarm network staking even is now haha
Capital gains tax also a factor in profit taking
Thank you for mentioning!
We are here. People who AREN'T wealthy or traders or wealthy traders we hear you.
Hi James, great to have the reminder to take profits... but I still don't know best place to store profits as dry powder... ready to reinvest. Can you please talk us through best options?
Great show James.
I like Cardano idealistically. But yeah, as far as an investment, it hasn’t done so well.
Fantastic stuff James!!!
will you also make a video when the time to sell comes for those who don't know how yo read charts please☺️
Question: At 6:10 the LILO is anchored at the bottom of the run, but this is in retrospect. How would you know to put it there and to take profits as described before it happens?