“It is the best time to invest in crypto”: YouTuber Crypto Aman on the bear market and the fate of Bitcoin

Crypto Aman entered the industry in 2012 and was a pioneer in crypto investing. It gave him some painful lessons but also an opportunity to learn.

Now Crypto Aman is a blogger with an audience of over 379k on YouTube. Creating content takes up almost all of his time, but he continues to “dabble” in investing — to keep in shape.

He gives his thoughts on the most important things in the industry in an interview for buidlbee.

About blogging: “It is like a beast”

“My primary work is creating videos on YouTube and propagating to my audience about safe and long-term projects.

Along with this, I learned a lot about it and gained a lot of experience in the field to be a good investor. Moreover, to create authentic content, I have to be an investor. Otherwise, it would be a wild guess, and I can’t betray my audience.

It consumes a lot to create videos, posts, and tweets. It is like a beast; we must keep feeding it. However, I enjoy this so much in spreading awareness about new projects in the market and getting in touch with my audience.

When I started, It was not easy to explain the crypto market and gain followers, but crypto has a lot of potential that created room in people’s minds, and my job became a little easier. Now, when choosing the topic, I even rely on people’s choices from YouTube comments and tweets.

Among other bloggers, my favorites are the Moon, MM Crypto, and my buddy’s ‘wise advice,’ Mr. Summit Kapoor”.

About failures and crypto winter: “Loss is a part of investing”

“I am working in crypto since 2012. I was one of the early investors in the market and nobody knows how this works, so I failed a lot — invested in unknown projects and ICOs that were not even published yet.

Now, I realized that the foremost thing to check before investing is, what is the mission of the project, and how far they can envision. 

Currently, I am investing in projects like metaverse, NFT, Web3, etc. to prepare for the next bull rally. Even though I am investing a good amount for the next 3-5 years and expecting a terrific profit, I still keep in mind that loss is part of that process. Every day is not the same day. I had seen lots of ups and down in this market, and lost millions of dollars. However, the biggest thing is how to recover from that place to make a bigger hit.

Right now, the bear trend is running all around the world and it is due to various factors like Russia—Ukraine war, inflation, etc. But in my [opinion], it is the best time to invest in crypto for great returns in the future.”

About crypto investing: “The whole market except BTC and ETH is in the testing phase”

“In my opinion, the safest option to earn money is to invest in BTC and ETH. They both traveled a long journey and proved at every single step. The rest of the market is still going on in the testing phase which is why they haven’t reached the point where BTC and ETH right now are. 

If anyone wants to invest in this market, my advice is first to learn about it: what is crypto, how [does] this market work, and what is the future of it. If everything is clear now, then comes investing. The person needs to find those projects that provide solutions and have a great mission, like Solana, Vechain, and Polkadot.

I have certain rules and checklists before investing. I’m looking for answers to questions like this:

1. Who [is] in the team and management?
2. Who are the investors, and what are their backgrounds?
3. What are they doing to make it successful? What is the solution they are providing and is it worth it?
4. How is the project different from the others?
5. What [is] the mission and vision of the project?
6. What is the total and circulating supply of the project and how much [is] available in the market? How many tokens are held by the public?
7. On how many exchanges is it listed?

I also follow a lot of influencers and big investors to know their opinion.”

Bonus question: Will Bitcoin ever drop to zero?

“If I had to answer this in 2012–13, I might have said yes. But now, a lot of adoption happened in 2022.

Many are talking about a decentralized internet, Web3. NFT space is fully implemented, and the metaverse is also at its peak. Elon Musk, Apple, and Michael Saylor are optimistic about the industry. Many countries announced crypto as legal tender, and many countries adopted crypto as an asset class.

So now I believe this question does not exist. Still, it may happen in one condition: when there is no internet in the entire world.”