Top Crypto Penny Stocks to Watch: Key Takeaways
- Learn from my recent crypto stock trades — the good and bad.
- How to spot a wall of sellers and exit a trade safely…
- See the 100%–350% OTC gainers I’m watching now…
SUBSCRIBE to my NO-COST weekly stock watchlist here
You don’t have to buy bitcoin (BTC) at $60,000+ to capitalize on the crypto craze. Low-priced OTC sympathy plays are spiking 100%+! These are the huge percent gainers I’m watching now…
- Marketing Worldwide Corp (OTCPK: MWWC … read my analysis here)
- BOTS, Inc. (OTCPK: BTZI … read my analysis here)
- XTRA Bitcoin Inc. (OTCPK: CBTC … read my analysis here)
Top Crypto Penny Stocks to Watch
The stocks on my watchlist aren’t recommendations to buy. Heck, I don’t know if I’ll even trade them. I’m simply WATCHING them for potential future setups.
NEVER blindly follow alerts or hot picks. Ever!
Do your own research. Your goal is to eventually become confident in your own trading plan.
The good news for those who think they missed the #crypto train, don’t worry, there’ll be plenty of crashes along the way when scammers get busted or regulations setup, but just be ready to #buythedip as the https://t.co/4lKUY5B6aw & https://t.co/aICa7zhCLS setups work here too!
— Timothy Sykes (@timothysykes) October 19, 2021
Crypto Penny Stock #1: Marketing Worldwide Corp (OTCPK: MWWC)
Marketing Worldwide Corp used to be an auto parts supplier. Now it’s an acquisition company.
Key points on MWWC…
- The company acquired a crypto mining platform on October 13.
- The stock gained over 125% on its first green day after the acquisition news.
- As of this writing, it’s trading above the 1-cent level.
Since the news, MWWC is consolidating. It’s not volatile enough to be excited about a big panic yet, but I’ll watch it for one of my patterns.
Crypto Penny Stock #2: BOTS, Inc. (OTCPK: BTZI)
BTZI develops blockchain and robotics solutions.
Key points on BTZI…
- On October 18, the company’s subsidiary launched a crypto mining academy.
- BOTS filed a patent protection application for its crypto dividend distribution method on October 20.
God bless $BTC $ETH #cryptocurrency #Ethereum and this entire ecosystem, think about how crappy of a market this is otherwise, or else we’d need $TSLA $FB $AMZN $NFLX for alpha? LOLOL keep it going $GBTC $BITO you gotta love the volatility, especially on pennies like $CBTC $BTZI
— Timothy Sykes (@timothysykes) October 20, 2021
BTZI’s a multi-day runner. I traded it on the way up and dip-bought the morning panic on October 21.
Overall I’m down $1,889 on my recent trades. I anticipated the panic and rushed my entries. Patience and discipline to cut losses quickly are key lessons. (Learn from my BTZI losses here.)
I’ll keep watching BTZI for more panic. But it could also bounce if bitcoin makes new highs.
Crypto Penny Stock #3: XTRA Bitcoin Inc. (OTCPK: CBTC)
XTRA Bitcoin Inc. is a bitcoin mining company.
Key points on CBTC…
- This former runner ran in sympathy to bitcoin in February 2021.
- The stock gained 368% from October 5 to October 20.
CBTC had a perfect multi-day breakout on October 20. I bought 249,800 shares at $0.0161 and sold at $0.0166 when I saw a wall of sellers at $0.017.* It seemed overextended to me, so I played it safe.
Grab my “Learn Level 2” DVD to learn how to spot a wall of sellers.
I’ll watch CBTC for potential dip buys into big morning panics or intraday panics. Since it follows bitcoin closely, it might not have a big panic. It’s also very choppy.
See the Hottest Stocks I’m Watching
Check out the stocks I’m watching each week for no cost — subscribe to my weekly watchlist here.
Will you find crypto penny stocks on my list? That depends. I go where the hottest market action is.
What’s even better than my weekly watchlist? You can get my full watchlist EVERY trading day with a Profit.ly subscription. Choose the best subscription for your dedication level here.
My goal with every watchlist is to help you learn. Use my watchlists to study the patterns, catalysts, and price action. Then build a trading plan of your own.
Mad props to everyone in the $BTC #Bitcoin $ETH #Ethereum communities on $BITO today & the upcoming $GBTC & $BTFD moves, I really wish there weren’t so many damn #cryptocurrency scammers or else I’d join you, but I guess you can’t blame the scammers too much with such a hot niche
— Timothy Sykes (@timothysykes) October 19, 2021
Crypto Penny Stocks: The Bottom Line
Crypto penny stocks tend to move together based on sector momentum.
NEVER try to predict the market or a hot sector — react to what the market shows you.
Watch for major news in the crypto industry. StocksToTrade’s Breaking News Chat alerts the top crypto penny stock news every trading day. Grab your 14-day trial for only $17 here.**
And keep your goals reasonable. Swing for singles. Learn to be patient and wait for your best setups to come to you. That’s what I teach students in my Trading Challenge…
Ready to put in the work to become a self-sufficient trader? Apply today!
What do you think about the hot crypto sector and crypto penny stocks? … Let me know in the comments below!
Disclaimer
*Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed are exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
**Tim Sykes has a minority ownership stake in StockstoTrade.com.
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