IA Trade Alert (Patreon)
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CYFRF Profit-Taking
I executed a partial exit from my CYFRF position, selling shares equivalent to my initial investment at $0.90 per share. This move allowed me to recoup my original capital while still letting all the rest ride.
Entry price: $0.16 per share
Exit price: $0.90 per share
Return multiple: 5.625x
TSLA Buy
With the proceeds from the partial CYFRF sale, I added more TESLA at $215 per share.
This decision aligns with my ongoing strategy of profit-taking and portfolio rebalancing.
Strategy Rationale
By selling my initial CYFRF investment, I've secured a significant profit while allowing the remaining position to continue growing without risk to my original capital. The subsequent investment in TSLA represents a strategic reallocation of funds into a different market sector. I am VERY overweight Crypto and Crypto Proxies and I am reducing risk.
My goals are not your goals.
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