Question on parasites/leeching from authority

Yankin Deez

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So basically the parasite concept is to post something on a high authority website with a domain of different content and then once it gets hot you transfer the domain to your money site.

Can someone explain what first use of the domain should be? Should it be relevant to your money site? And when you transfer it, is it a domain redirect or are you rebuilding the entire website? I thought domain redirects don't work for SEO
 
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