They say fortune favors the bold—and this time, the boldness involved a risky but rewarding investment in Reddit Inc. (RDDT). Using my Double Up Free Stock Strategy, I not only doubled my initial investment but ended up with free Reddit shares to hold onto. Here’s the story of how a small bet on Reddit turned into a profitable (and free!) long-term position.

March: The First Reddit Buy

The adventure began back on March 22, 2024. Reddit was a bit of an underdog stock, trading at $48.46 per share. I decided to start with a modest buy, picking up 2 shares for a total of $96.92. At this point, Reddit was still working on finding a solid footing in the market, but I was confident that its massive user base and influence over online culture could fuel growth.

However, this wasn’t a sure bet. Reddit’s stock dipped and climbed, but I held steady, waiting to see if it would make the jump I was hoping for.

November: A Big Price Spike and a Strategic Play

Fast forward to November 1, 2024, and Reddit was on fire, with the stock soaring to around $111 per share. This was my moment to put the Double Up Free Stock Strategy into action. The strategy is simple but powerful: double your initial investment, then sell enough shares to get your capital back, leaving you with some free shares.

So I simply Sold 0.88 Share at $111.13 bringing in $97.73 :

This sale allowed me to fully recover my initial investment of $96.92 from March from the recent buy. With that, my principal was back in my pocket and I still held 1.12 shares of Reddit.

The Outcome: Free Reddit Shares Worth Over $100

After recovering my initial investment, I’m left with 1.12 free shares of Reddit. At the current price of around $111, that’s about $124.32 in Reddit stock that cost me nothing. It’s now a no-risk asset in my portfolio, thanks to the Double Up Free Stock Strategy.

Why the Double Up Free Stock Strategy Worked

The Double Up Free Stock Strategy hinges on finding stocks with the potential for a significant price increase. Reddit was the perfect candidate due to its huge brand presence and the following factors:

• Doubling the Price: Reddit’s surge from $48.46 to over $111 represented well over a 100% gain, creating the perfect setup for recouping my original investment.
• Strategic Incremental Buy: By adding just a bit more at the higher price, I positioned myself to make the most of the climb.
• Free Long-Term Potential: Holding the remaining 1.12 shares at zero cost means any future growth is pure profit.

Key Takeaways from the Reddit Trade

Here’s what this Reddit trade taught me about the Double Up Free Stock Strategy:

• Timing Is Everything: Waiting until the price doubled was crucial for success. The March buy would have been underwhelming without the November price spike.
• Patience and a Plan: The strategy requires patience to hold through ups and downs until a significant gain appears.
• Building Free Wealth: Now, with 1.12 free shares, I have potential long-term growth with zero risk—a powerful outcome for a small initial investment.

Final Thoughts: Free Reddit Shares and Future Gains

Thanks to the Double Up Free Stock Strategy, I’ve now got a free stake in Reddit. As the company grows and the stock appreciates, I’ll benefit from future gains without putting in another dollar. And if Reddit’s stock doesn’t perform? I’m out nothing—my capital is safe and ready for the next investment adventure.

Stay tuned as I continue using the Double Up Free Stock Strategy to add free shares from other promising companies to my portfolio!