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Interview With BitBoy Crypto, Ben Armstrong; ‘Bitcoin Could Reach $300k By Late 2021’

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BitBoy Crypto is a popular Youtube channel founded by Ben Armstrong in 2018. Armstrong is known as a popular YouTuber, podcaster, and crypto enthusiast. The Youtube channel currently has more than 800k subscribers, which seems to reach 1 million soon. Hence, in just three years, the channel has seen tremendous growth and has topped the list of crypto content videos.

Abhiruk Bhattacharyya, the Community Manager of The Coin Republic, recently interviewed with Ben Armstrong, a.k.a BitBoy, where Ben discussed his eventful journey with his YouTube channel:

https://open.spotify.com/episode/3JkHxm4lvrl6gqHPlhudst

“I am not what I thought I would be at this time in my life. I just started this channel as a cartoon series, where BitBoy was a superhero. But when I started with my channel, it was a bear market, and people got excited about what fun stuff is in crypto. My friend told me that I need to start with news videos. He said you know a lot about cryptocurrency and know how to explain it well, so you should do those videos and educate people. And that is why I thought that I should get started doing that, and I thought that would be easy, and I will grow quickly. But I barely grew, and during that time, a weird thing happened, and people started referring to me as BitBoy.”

BitBoy crypto can help you make money

BitBoy Crypto has one biggest priority to help its audience to make money. Armstrong just wants to make sure that his audience is earning. He just wants to change the financial lives of individuals globally. Armstrong is working to tell individuals that they also can change their financial life in the way he did:

“My greatest priority is always saying that I want to make sure that my audience is making money. It’s not just about making money, I want people to watch my channel to change their lives financially forever, and I know it’s possible.”

In terms of investment, BitBoy Crypto simply does not care about a project if that’s going to succeed in 25 years. He just cares for his audience, whether such a project is an excellent money-making opportunity. 

However, before investing in altcoins, the users should see the age of the project. Indeed, if any project comes from nowhere, and users have no idea regarding that, we should stay away from such projects. 

Bitcoin price may soar to $300K 

The Bitcoin community has been divided at this point, and a couple of individuals believe that in coming years the value of Bitcoin will drop. BitBoy explained that following the current production of Bitcoin and the history, Bitcoin could top to approximately $300k in September to October of 2021. Then the cryptosphere will witness a bear market when the price could drop by 85%. But the process will be going to happen very quickly, unlike what happened in 2017:

“The history says, Bitcoin will top out around $3,00,000 in September to October of this year. Then we will have a bear market. The price of Bitcoin traditionally drops about 85% in a bear market. Meaning, we will go up to about $3,20,000, or so, then Bitcoin will retrieve all way back down near the number of $45,000.”

However, as there are several institutional money in the asset now, firms like PayPal have acquired many Bitcoins and are not intended to sell the coin. Instead, they purchased to accumulate the currency. Hence, Armstrong considers that the retrace could be by 65% instead of 85%.

BitBoy Crypto to host a talk show

BitBoy Crypto has grown amazingly in the years since it transitioned to a news content provider. The channel now has a professional studio in a 30,000 sq ft building. From only Ben, the channel now has a team. And the team is producing more things other than cryptos. Ben also discussed his vision and his future plans:

“We want our channel to be comparative visually and engagement-wise with anything you see and any channel out there. We want to bring the quality of highly produced television cable news and cable network shows into real youtube. And that’s a challenge for us.” 

“We are not competing with other channels in crypto anymore, and we are now competing with CNBC or with ESPN. The world is moving towards live and live streaming is becoming more and more prominent. Twitches are absolutely huge right now, and it’s getting even bigger. People want that engagement with you, and in live streams, they can do that.”

Following the statements of Ben Armstrong, it seems he has given his best efforts to reach such a level. Although the journey was challenging, now the crypto content providing channel has achieved a lot. And further plans to expand the channel to compete with CNBC and ESPN like cable networks.

To know more about the blockchain and cryptocurrencies ecosystem, do check out our podcasts streaming from all the popular apps. To learn more, you can check out our community page.

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