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Into The Cryptoverse founder Benjamin Cowen says a cryptocurrency bull market is just around the corner, so it’s better to have solid reasoning to back up your bold and overly optimistic cryptocurrency predictions.
“I think people liked that I gave them reasons for their predictions rather than just throwing out rocket emojis and pure doom,” Cowen told Hall of Flame.
“Sometimes I’m wrong, sometimes I’m right,” he said, adding that he always gives his “honest thoughts on the market.”
Cowen, who would only say he lives somewhere in the United States, started creating cryptocurrency content in 2019 and this is his second bull run. X’s 889,500 followers know he’s extremely bullish on Bitcoin, but the father of four believes a little skepticism never hurts.
“I have previously described myself as a BTC bull with two panda bears sitting on my shoulders to keep FOMO in check.”
Cowen, who is also a well-known cryptocurrency YouTuber, has taken a somewhat unusual path into the cryptocurrency industry.
Benjamin Cowen could have been an astronaut
At some point, the Into The Cryptoverse founder actually had a career that led to space.
While studying aerospace engineering, he landed an internship at NASA, but decided it wasn’t for him and later switched to a degree in mathematics and physics instead.
He first heard about cryptocurrencies before 2013, possibly in 2011 when he took a crypto class in college, but he’s not sure.
Unfortunately, when Cowen started becoming passionate about Bitcoin, the $13 Bitcoin price was too expensive for the hard-working student at the time.
“I actually started looking at it more closely in 2013, but I was a poor graduate student living on a very small salary, so I didn’t have much money to invest.”
He got a job at a national laboratory after completing his PhD on “Molecular Dynamics Simulation of Radiation Damage in Ceramics.”
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Cowen said it was “the perfect job.” Or at least it was until “things started to look up” on his YouTube channel in late 2019.
How did Benjamin Cowen build a following for X?
Interestingly, when Cowen started creating YouTube content in 2019, he focused on altcoins. But he said the video had “very few views.”
As he started talking more about Bitcoin and Ethereum, “the channel started to grow.”
Cowen has built X following thanks to his cryptocurrency content on YouTube and has amassed over 100,000 subscribers on the platform in just 10 months.
“It happened really quickly,” he said, explaining that it took six months to gather the first 500 subscribers, with the remaining 95,000 signing up within the next four months.
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Cowen currently has 825,000 subscribers and aims to post a new video every day and a few posts on X.
What kind of content does Benjamin Cowen produce?
Cowen is a straight-talker who covers cryptocurrency content even during bull markets. Let’s face it, every cryptocurrency fanatic and general public is chasing the next 10x coin.
“I aim to provide a realistic, non-sensationalist view of the market,” says Cowen.
He also likes to warn new cryptocurrency users about falling into traps. For example, falling into the same trap of tempting high cryptocurrency yields that people got caught up in last cycle due to the collapse of various cryptocurrency lenders.
Cowen is willing to admit when his predictions are wrong and chooses to follow other influential people who are able to admit when they are wrong.
“I prefer to follow people who are willing to admit mistakes, what they did wrong and why, rather than people who feel they have something to prove,” he declares.
prediction To Benjamin Cowen?
Cowen couldn’t make a price prediction, but he did point to his belief that Bitcoin dominance (Bitcoin’s market capitalization as a percentage of the overall cryptocurrency market) “will decline by 2025.” Because dominance usually falls off after half a year.
His main reason, which echoes the thoughts of many in the cryptocurrency industry, is that he expects the US Federal Reserve (Fed) to move towards expansionary monetary policy.
“I expect the Fed to switch from QT to QE next year. The transition from QT to QE in the last cycle marked the peak of BTC dominance,” he says.
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Ciaran Lyon
Ciaran Lyons is an Australian cryptocurrency journalist. He is also a stand-up comedian and radio and TV presenter for Triple J, SBS and The Project.