Cryptocurrency pundits frequently find their way into headlines with swaggering forecasts, but few are as gripping as the tale of Blockchain Backer. Famous for his eerily accurate market predictions and straightforward approach, the solitary trader has become a crypto phenomenon.
But behind the analytical acumen is a series of revelations that may surprise you, from a checkered history to his unconventional emphasis on exit strategies.
Whether you’re a trader with years of experience or a complete noob in crypto, once you understand what happened to Blockchain Backer you might have a different approach to the market The Secret Force — Advice for Crypto Traders and Investors Have you lost a lot of money trading cryptocurrencies?
In this deep dive, we’ll reveal seven surprising truths you didn’t know about his career, forecasts, and the lessons every investor can take away.
Who is Blockchain Backer?
Blockchain Backer is a well-known and well-liked name in the crypto community, known for his technical analysis and crypto media influence.
He writes under a pseudonym, but has begun to amass followers as he provides in-depth education and charts regarding market analysis, specifically targeting XRP (Ripple), Bitcoin and other altcoin market cycles.
However, unlike the vast majority of gurus in the crypto space who are hyping, speculating, and shilling, Blockchain Backer has approached this with a methodical and analytical approach.
His ideology is based upon assisting listeners in deciphering the natural rhythm of the market, potential turning points, and promotion of positive expectations concerning changes in market trends.
And through this process, he is teaching his viewers how to read charts and be ahead of the game, instead of just moving into the opposite one blindly.
7 Facts About Blockchain Backer
1. Blockchain Backer’s Real Identity: A Controversial Past
From Charles Shrem to Crypto Guru.
Blockchain Backer’s real name is Charles Shrem—a fact that surprises many followers. Before becoming a crypto influencer, Shrem co-founded BitInstant in 2011, a platform that once processed 30% of all Bitcoin transactions. However, his early success took a dark turn:
Legal Troubles: In 2014, Shrem was sentenced to two years in prison for unintentionally facilitating Bitcoin transfers to the Silk Road marketplace.
Rebirth in Crypto: Post-release, he rebranded as Blockchain Backer, leveraging his technical expertise to educate investors.
This redemption arc underscores his resilience and deep understanding of blockchain’s risks and rewards.
2. His Unconventional Focus on Exit Strategies
While most crypto gurus hype “buy” signals, Blockchain Backer prioritises knowing when to sell. His flagship YouTube video, “EXIT PLAN for the ALTCOIN MARKET” (280K views), teaches investors to:
Identify market tops using technical analysis (e.g., chart patterns, volume trends).
Avoid emotional decisions during bull runs.
Capitalise on altcoin cycles before corrections hit.
This contrarian approach has saved followers from catastrophic losses, especially during the 2018 ICO crash and 2024 NFT bubble.
3. Accurate Predictions That Defied Mainstream Media
Blockchain Backer’s analysis often clashes with financial pundits like Jim Cramer. For example:
2020 Bitcoin Rally: While Cramer sold his Bitcoin holdings in March 2021, Blockchain Backer warned of an impending peak—a call that aligned with Bitcoin’s 50% correction weeks later.
Altcoin Shifts: He predicted mainstream media’s pivot from Bitcoin to altcoins in 2024, mirroring the 2017 ICO frenzy.
His reliance on historical data and market psychology has cemented his reputation as a reliable contrarian voice.
4. The XRP Connection: A Loyalty That Raised Eyebrows
Unlike most analysts who focus on Bitcoin or Ethereum, Blockchain Backer champions Ripple (XRP). His dedication includes:
In-Depth Analysis: Over 35 million YouTube views on XRP price predictions and regulatory updates.
Community Advocacy: Defending XRP during the SEC lawsuit, citing its utility in cross-border payments.
Critics argue this loyalty borders on bias, but supporters praise his willingness to back undervalued projects.
5. Educational Courses: Bridging the Crypto Knowledge Gap
Blockchain Backer doesn’t just predict markets—he teaches others to navigate them. His paid courses cover:
✅ Technical analysis fundamentals
✅ Identifying market cycles
✅ Building risk management frameworks
Subscribers also gain access to live Zoom sessions, creating a mentorship dynamic rare in the crypto space.
6. Privacy Struggles in the Public Eye
With fame came challenges:
Online Harassment: Detractors often target his legal history to discredit his analysis.
Balancing Transparency: He walks a tightrope between sharing insights and safeguarding personal privacy.
Despite this, his commitment to evidence-based content has retained audience trust.
7. What’s Next for Blockchain Backer?
The crypto guru shows no signs of slowing down. Future initiatives may include:
Expanding Education: Courses on DeFi, NFTS, and emerging blockchain tech.
Regulatory Advocacy: Pushing for clearer crypto laws to protect investors.
Global Community Growth: Multilingual content to reach untapped markets.
Conclusion
The road Blockchain Backer has travelled — from a convicted business owner to a respected analyst in the crypto space — is full of lessons about fortitude, planning and the psychology of the market. With a focus on exit planning, a commitment to XRP, and a dedication to education, he is a distinctly independent voice in a saturated space.
Love him or hate him, his narrative demonstrates that, even in the chaos of crypto, well-reasoned craft outperforms hype.
Ready to learn the scope of crypto market cycles like Blockchain Backer? Discover reliable techniques and exits that protect your investments now.