RookieXBT is a pseudonymous Canadian crypto trader who gained attention in 2020 for publicly transforming $30,000 into over 40 BTC through trading. With experience spanning stocks and crypto markets, he focuses on leverage and margin trading while sharing insights on social media. ^[1]

Career

RookieXBT began his financial career in his early teens, experimenting with stock markets and high-risk investments. His initial ventures included capitalizing on the cannabis stock bubble in 2014, an experience that refined his financial instincts despite early losses. By 2017, he transitioned to crypto trading, dedicating his focus to leverage and margin trading, where he quickly demonstrated strong market acumen. His success in crypto led to writing opportunities for trading publications and active participation in online trading communities. ^[2]

In 2020, RookieXBT rose to prominence after publicly documenting his transformation of $30,000 into over 40 BTC, drawing attention to his transparency in sharing trades and strategies online. His participation in Bybit’s Bitcoin challenge further bolstered his reputation, showcasing his skills to a broader audience. Despite setbacks early in his crypto journey, including significant losses in 2018, he rebuilt his strategy through disciplined day trading and leveraged his experiences to achieve consistent growth. RookieXBT’s public trading experiments and insights attracted a substantial following on social media, where he continues to share trading advice and market analysis. His career reflects a blend of calculated risk-taking and adaptability, making him a notable figure in the crypto trading community. ^[2]

Interviews

Rekt Radio

RookieXBT appeared on Rekt Radio, sharing insights into his trading journey and strategies. He reflected on his early trading experience, including starting with stocks as a teenager and shifting to crypto in 2017. Despite initial successes, he experienced significant losses, learning through trial and error. Rookie discussed leveraging trades to capitalize on trends, emphasizing timing and risk management as key factors in his success. He also recounted humorous and risky moments, such as using workplace tools for trading and adopting unconventional approaches to gain experience. The conversation highlighted his evolving trading philosophy, focus on compounding gains, and navigating volatile markets. ^[3]

Origin Story

On the Profit Maximalist Show podcast, RookieXBT discussed how he got his start as a crypto trader who gained attention for publicly turning five Bitcoins into over 30 Bitcoins within eight months in 2020, starting with around $30,000 and ending with over $1.5 million. Rookie shared his journey, which began in his teens trading stocks and later transitioned into crypto in 2017. Despite early successes, he faced setbacks, including losing significant amounts during the 2017 crypto crash. He emphasized resilience, leveraging lessons from failures, and always maintaining some exposure to the market. His 2020 trading challenge, conducted transparently via CoinMarketMan, demonstrated his skill and timing during a bullish market, marking a turning point in his trading career. ^[4]