#Bitcoin is crashing since weeks and yet the market has more longs than shorts open at this point. The dump is not over and each new long that is opened is giving us more fuel for the next leg down
$BTC UPDATE
Market structure on the 4H is still weak lower highs and repeated rejections show sellers in control. A new low is still on the table
The only positive sign is the descending trendline forming
Safe long: Only after a clean 4H close above resistance or last week’s low.
Slow bleeds are dangerous they show real momentum, not a quick dip
@weex_official@moneygurusumit
I’m a student, and my entire savings are stuck because my WEEX account has been frozen without any reason. It keeps showing “Operation restricted.” I trusted this platform only because of Sumit Kapoor (Wise Advice) and registered under his referral
5 Years in Crypto & 4 Years in Content Creation, Here’s How I’ve Grown
In 2019, I was just a clueless college kid trying to change the AR/VR industry. I skipped college placements and grinded hackathons to find support for my idea. (Clip from those college days below!)
Why AR/VR?
After joining engineering college, one thing became clear: India is a rat race, best case scenario: life will force you into a stable growth trajectory, if you want asymmetrical growth, think outside the box.
Pursue areas where there is no crowd maybe you’ll fail, or maybe you’ll change an industry.
In 2020, we hit the jackpot. With Covid there was No more college to waste our time, we grew our startup, built a prototype, and sharpened our skills by freelancing AR/VR projects.
By the end of 2020, we were so skilled that companies across India were flying us out to help with their projects. We were earning ₹2L/month each in our final semester of college.
Our startup, Hovar, had 8 employees. Every single one went on to land 20+ LPA jobs after college. Most were just in their 2nd year when we hired them.
In 2020, we got paid in Crypto for the first time. That’s when my crypto journey began, passive at first, since the startup kept me busy.
In 2021, I had to move to Bangalore for a compulsory college internship. Hovar was paying me ₹2L/month for just 3 hours of work daily, but I saw no future in AR/VR. Apple’s headset was delayed, and interest in the industry was dying.
It was time to say goodbye to the comfy ₹2L/month and find a new industry. Coincidentally, the crypto bull market had just begun.
I searched YouTube and realized there was hardly any reliable, to the point source of up to date crypto education. That was the gap I needed.
I started winding down Hovar and focused on content creation, while still working 9–6 at the office and grinding on personal projects till 2 AM every day.
In April 2021, the second wave of COVID hit. I got lucky Youtube took off. Crypto was looking like a legit career. Hovar was gone, but now I had a full time job in Bangalore and a growing youtube channel.
By October 2021, I took another leap. I quit my job to focus fully on content with daily lives, this was with less than 45K subs. Another BIG RISK! My only backup was 6 months of emergency fund.
After November 2021, the crypto markets crashed. Money dried up, trading became impossible, and I had to take big losses just to save my portfolio. That phase taught me a lot about risk management and how it is easy to make profits in crypto but how hard it is to keep those profits.
2022 was a nightmare. Nobody was watching my videos. Crypto markets were a dumpster fire. I decided to double down, went deep into the space, made a plan to rebuild my portfolio, and invested everything I had.
In 2023, the markets started to recover. My portfolio turned green. 2022, Bear markets had taught me lessons that many 2024 batch students are only learning now. I was consistently making profits with a locked in trade setup system (still use it today). My channel crossed 100K subs.
It was time for the next step.
I never got comfortable neither with Hovar, nor with my job, nor as a content creator. Building distribution had one goal: Build your own product.
I began searching for what to build. Tried smaller services for crypto investors, but they couldn’t scale. Indians weren’t keen on crypto beyond niche group chats.
Indian exchanges sucked. Billion-dollar giants existed, yet the experience was awful. I thought regulations were the reason but no. They had just grown too fast in 2021, and their tech wasn’t built to scale. That’s why Indian exchanges stutter compared to Bybit or Binance.
But was this a problem worth solving? Not really, with heavily funded players and a tight knit ecosystem of people.
I floated the idea of building my own exchange. Everyone said it was a terrible idea: bad regulations, no banking support, zero chance of funding, and most importantly why would an influencer, who could easily make 50–70% profits from exchange referrals, work this hard to build an exchange?
It was indeed a huge risk. I would lose referral income (the main way influencers make money), burn through my savings, and go against giants.
I passed. Risk seemed too high. But the audience changed my mind. Hundreds of comments daily complained about Indian exchanges withdrawal issues, trading engines failing during high volume, no real education beyond half-baked YouTube videos, and more.
These problems were tough but solvable. Now I just needed the right people to build with people who wouldn’t second-guess the mission.
In 2024, WazirX got hacked. Everyone realized Indian exchanges were not safe. The government wouldn’t help. A gap was forming.
I had moved to Dubai, to meet passionate builder to help me build an exchange or at least show me a path and finally, after 6 months felt confident enough to start @FedHabit.
Moved back to Banglore after 6 months, Announced the exchange to public in Jan 2025, now we’ve come a long way.
It took a lot of effort: finding scalable tech, hiring people crazy enough to go against Goliaths with me, securing FIU registration, and finding a bank bold enough to take a chance on us. What a ride.
With FedHabit Alpha successfully concluded, just a few steps remain before launch. And I’m told that’s when the real struggle begins.
Let’s keep grinding. There is no gain without pain.