Your point perfectly illustrates that not all popular advice is good advice. Everyone says 'don't invest in shitcoins,' yet in 2024, almost all the new crypto millionaires were made by trading memecoins.

And as for Bitcoin, its time has passed. So far in 2025, it has returned a disappointing 5% for investors, while you could have made 45% on gold during the same period



Institutional players are buying Bitcoin through ETFs. And you can buy shares in those same ETFs through almost any broker, giving you the exact same guarantees and protections from the stock exchange.


Open source is a foundational principle of the entire crypto industry. So, what's the point of downloading and trusting a closed-source wallet? I'm genuinely curious—could you please explain the logic and provide an example of such a wallet?

As for the statistics in my article, I took them from this source: https://coinlaw.io/cryptocurrency-wallet-adoption-statistics/#:~:text=2025.%20,rose%20to%20%245%2C300%20in%202025

My research mentioned 13 different companies, but for some reason, you've chosen to fixate only on Cryptomus. Perhaps you're newer to the crypto space, but trust me, the exact same complaints you have about Cryptomus are leveled against every major brand on that list.

Let's not forget: Binance has been sanctioned by countless regulators, and its founder has served jail time. The owner of OKX was reportedly detained by Chinese police, taking the keys with him and halting withdrawals for months. Coinbase was caught selling user data and tried to hide it for a long time.

Blocking and freezing funds is standard practice for any company that complies with KYC regulations, as Cryptomus does. Any address that violates AML rules will be blocked—this sometimes even happens on DEXs. And even with your non-custodial wallet, if you hold 'tainted' stablecoins like USDT or USDC, the issuer can freeze them at the contract level. 'Not your keys, not your coins' won't save you then.

KYC is coming to all wallets and will eventually cover the entire crypto market. It's inevitable now that developed countries are legalizing and regulating digital assets. No one has repealed the FATF guideline

The more important question is: where are you going to get the liquidity for the exchange? Without it, you just have a platform with no assets to trade.

You'd probably be better off starting with a simple cryptocurrency exchanger service. That's a much simpler model to launch, and yes, there are services that can build one for you—for a fee, of course.

It's a statistical fact that most children are born into poor families and poor countries. From birth, they are deprived of access to quality education and a nurturing environment for well-rounded development. As a result, they get little schooling and are forced to start working at a young age.

Even if they possess some brilliant skills, they'll likely never get the chance to develop them because their entire life is a daily struggle for survival—just to put food on the table

Could you please name some of these 'great investors' who can perfectly time the market, selling at the absolute top and buying at the exact bottom?

Because from what I know, the truly great investors in this space have never sold any of their Bitcoin; they only accumulate more

Since the early years of cryptocurrency adoption, a dogma has emerged that many digital asset experts repeat to newcomers like a mantra. They advise them to set up their own wallet on a computer or smartphone, preferably a cold wallet, and to keep the seed phrase safe — some even joke about putting it under their pillow to memorize it.

Such wallets are called non-custodial; they do not require verification, are free to download, and are easy to install. They don’t rely on third parties and provide maximum privacy and freedom.

However, by 2025, 41% of users out of 820 million active crypto wallets worldwide will choose custodial solutions. The majority of users, 78%, will go with hot (online) wallets.

The main growth in custodial wallets comes from institutional investors, who, in theory, should prefer cold storage. In reality, in the current year alone, institutions have increased their crypto holdings on centralized services by 51%.

Analysts often explain this shift by regulatory pressure. That’s hard to deny, but convenience also plays a big role. Custodial services not only make their apps simple and user-friendly, they also add plenty of useful features:

• Simplicity: access recovery (via login/password or KYC), user support, asset insurance from large companies
• Integration with fiat: direct deposits from bank cards, instant exchange, lending
• Extra tools: staking, automatic conversion, cashbacks, exchange trading within the service

Exchanges and trading platforms. Most centralized exchanges (Binance, Coinbase, OKX, Kraken, etc.) provide built-in custodial wallets for storing assets, and some also have separate non-custodial products (e.g. Coinbase Wallet). Decentralized exchanges (DEX) also include wallets and liquidity pools within their apps. Exchanges remain the most convenient option for trading and fiat integration.

Payment and financial systems. Major fintech companies (PayPal, Revolut, Cash App) and even social networks have started offering crypto storage. These are essentially custodial wallets: for example, PayPal allows you to buy and hold Bitcoin, but the keys are managed by PayPal. In return, users get a simple interface and dollar pegging. The catch is that such services often have transaction limits and may not allow withdrawals to external addresses, which restricts freedom of use.

Crypto processing centers (payment gateways). These are B2B platforms aimed at businesses. Examples include Cryptomus, Coinbase Commerce, BitPay, CoinPayments, NowPayments, and others. They allow companies to accept cryptocurrency for goods and services, offering integration APIs, plugins (WooCommerce, Shopify, etc.), and multi-asset wallets (usually custodial).


Crypto payment gateways traditionally focus on helping businesses accept and manage cryptocurrency payments. Many now include multi-currency wallets to store incoming funds. For example, Coinbase Commerce and CoinPayments let you hold funds in various cryptocurrencies before converting or withdrawing. Some services (like BitPay and Cryptomus) also provide user-facing wallet apps. They often add features such as automatic crypto-to-fiat conversion, invoicing, and analytics.

Overall, wallets in this segment are built around security, multi-currency support, and business convenience. They can support hundreds or even thousands of coins (CoinPayments handles 2,000+), and they offer quick payouts, reports, and integrations. Unlike a “pure” non-custodial wallet, the keys are often managed by the service — but businesses gain advanced tools such as automatic seller payments, delegation, and dashboards.

Among these, Cryptomus stands out as one of the most multifunctional ecosystems. Beyond business tools, it also gives private users secure storage, instant asset swaps, staking rewards (APR 3–20%), and even a P2P marketplace with over 30,000 active users. Recently, Cryptomus launched its own spot exchange, expanding its ecosystem even further.


Non-custodial wallets are still an essential part of the crypto infrastructure: they guarantee autonomy and serve as a safety net when trust in exchanges is low. But several factors are clearly shifting momentum toward custodial solutions: tighter regulations, broader fiat integration, and overall ease of use.

Today, only 7% of internet users own a crypto wallet. In the near future, that number will grow — mainly thanks to institutional investors and people in unstable economies. And the stats show that most of them are choosing custodial solutions.

Here's a high-level strategy one could theoretically explore with a bank loan, but be warned, this is extremely risky:

You could convert the fiat from the loan into Bitcoin. Then, use that Bitcoin as collateral to take out a second loan in USDT. Finally, you would stake those USDT to earn a double-digit APY.

In a perfect scenario, the yield generated from staking could potentially be enough to cover the interest payments on both the original bank loan and the crypto-backed loan.

If we accept your point of view about a crypto-led revolution, then logically, the ruling elite should see it as a threat.

Remember Facebook's Libra project? The global ruling class saw it as a genuine threat to their power and collectively crushed it with joint efforts.

And yet, we have Trump himself—a man famous for cutting taxes for the rich—actively promoting Bitcoin. We have Elon Musk, the richest man on the planet, pumping memecoins. How does that square with your theory?

If the public knows how much Bitcoin you're holding, you can be sure the government will pay attention too. It doesn't matter what country the owner of a large BTC account lives in; almost every country has a tax on investment income.

And this can become a huge problem if the wallet's transaction history shows past Bitcoin sales where taxes weren't paid. You could literally lose your freedom over something like that—there have been legal cases about this in the US

Algorithmic trading is now available on the Cryptomus exchange! Users have full access to the trading API, allowing them to take their scalping and arbitrage strategies to the next level.

Through the API, you have access to the following:

• Creating trading bots: Develop and launch algorithms that will trade for you 24/7.
• Full automation: Place orders, cancel orders, manage balances and track markets automatically.
• Integration with developer services: Embed trading functions directly into your personal applications and projects.
• Detailed documentation: The Cryptomus website offers straightforward guides to help you get started in minutes, regardless of your level of API knowledge.

I'm a little unclear on what you mean by comparing your trades to someone else's. Are you talking about comparing profits? Or is this a scenario where both traders are learning the exact same strategy, like in the 'Way of the Turtles' experiment?

Personally, I never analyze the individual trades themselves, but rather the equity curve, using basic technical analysis methods. If my equity curve starts to trend downwards, I begin optimizing the strategy until I achieve a clear, steady uptrend. Sometimes this process takes months, but the changes eventually pay off.

Take a look at the screenshot of my account to see what I mean.

I personally enjoy scalping tournaments, especially those that last no more than a week. They're a great way to test my strategies for quickly growing a small account in real market conditions. I usually stick to the same few brokers that run these competitions regularly.

At first, I was also skeptical that they were fair—the winners' results just seemed too high. But over the years, I've figured out how they achieve those numbers.

By the way, there's also a way to participate in 'no-lose' non-trading contests where every participant gets a reward. Those funds are also perfect for practicing high-growth strategies without risking your own capital.

Hey!
From what I gather, it sounds like your Bitcoin holding was more of an experimental investment, while your real area of expertise is the oil industry.

I'm sure you've heard about 'crypto winters,' and the probability of BTC dropping 50%-80% grows every day, especially since they have historically always come after a halving.

Therefore, the best move might be to invest the money in the field you've studied for years and thank your lucky stars that crypto gave you this amazing opportunity to fund your dream.

However, there's one uncomfortable observation to keep in mind: the price of oil also often drops, and quite hard, during the same period as a crypto winter (often tied to a wider economic downturn).

State or corporate HODLing of Bitcoin should be seen as a bullish sign—it’s an acknowledgment of the digital asset's reliability and often leads to price growth. The time to start worrying is when governments begin to mine Bitcoin on a large scale.

For example, imagine if China started mining to block US efforts in promoting USD-backed stablecoins. You might ask, what's the connection? Well, if a state-level actor triggers a major crypto market crash, the issuance of stablecoins, which thrives on market activity, would also shrink dramatically.

Hey!
You should check out the crypto payment processor Cryptomus. It's really beneficial for paying with crypto.

They have a great cashback system when you transact with other businesses that also use the platform. Sometimes, you can even get double cashback from both sides of the transaction.

Plus, you can earn free money just by activating their rewards feature. Cryptomus gives you tokens for simple tasks like opening a wallet, verifying your account, etc., and you can easily swap those tokens for USDT

A few corrections here:

A bear market in crypto is called a 'crypto winter'. We had one in 2022-2023, but inflation was actually falling then, so your theory linking bear markets to inflation seems to be your own invention. Inflation was also dropping in late 2018, during the previous crypto winter.

Now, about the 'seasonality' of crypto winters—that's not really true anymore either. Based on the old cycles, we should be deep in a crypto winter right now since the halving was in 2024, but we're not.

The reality is the crypto market is only 15 years old. That's far too short a time to find any reliable, repeating patterns

What about protocols like Ordinals? You can absolutely issue memecoins on the Bitcoin network using the BRC-20 standard. If someone were to launch a protocol similar to pump.fun and make it easy to create memes on the Bitcoin blockchain, people would flock to it.

Okay, maybe memecoins won't become a huge thing there, but stablecoins are a very real possibility. After all, the very first USDT tokens were issued on the Bitcoin blockchain (via the Omni Layer). If that happens again on a large scale, it would be the first major warning bell for BTC.

And I assume you personally know all these talented investors who can perfectly predict the market tops and bottoms? And who also successfully execute those trades?

Funny, because reality shows that nearly every investment fund and trader ends up deep in the red each crypto winter, if they don't get wiped out completely.

Based on my personal observations and trading experience, it's impossible to predict a strong Bitcoin rally with technical indicators. You only see the confirmation after the move has already happened. Bitcoin's intense volatility makes standard overbought/oversold signals pretty much useless.

That's why, instead of actively trading it, it's better to just HODL and never take a short position

My strategy is a sequence of four parts: HODLing, Staking, Derivatives, and Hedging.

First, I buy promising cryptocurrencies for the long term and stake them. Then, I use the staking rewards to speculate on derivatives. I generally only take long positions on higher-risk coins. Finally, I hedge the entire portfolio with Ethereum options and futures.

You could argue that the US has already built the 'egalitarian' society you're writing about. I mean, correct me if I'm wrong, but if unemployment benefits are around $1,000, then there's the equality you're describing in plain sight.

And what's the result?
Well, around 18% of the US population is now functionally illiterate because there's no incentive to learn anything or look for a job if everyone is just given $1,000