Table of Contents
Introduction
The world of cryptocurrency trading is often seen as complex, risky, and full of speculation. Many beginners believe it is impossible to make consistent profits without years of experience. However, Indian YouTuber Satish Kushwaha is challenging this belief with his open and transparent journey. Through his channel Satish K Videos EXTRA, he has shared how he started crypto trading in May 2023 and set himself a bold target: the 1 Crore Profit Challenge.
This article takes a deep dive into Satish Kushwaha and crypto trading, exploring his journey, strategies, mindset, and learnings. More importantly, it highlights the practical lessons for anyone curious about entering the crypto market.
Who is Satish Kushwaha?
Satish Kushwaha is a well-known Indian YouTuber, entrepreneur, and content creator who runs multiple successful YouTube channels. He is widely appreciated for his honest and transparent content on topics like business, finance, entrepreneurship, and technology.
In May 2023, Satish decided to expand into crypto trading as a new vertical of his income. Unlike many creators who only talk about theory, Satish took a real, practical approach by investing his own money and documenting every step of the journey. His goal was not just personal profit, but also educating his audience on what works, what doesn’t, and how risky crypto trading can be.
The Beginning of Crypto Trading Journey
In May 2023, Satish Kushwaha started trading on CoinDCX, one of India’s leading FIU-registered crypto exchanges. Within just three months, he managed to generate around ₹1 lakh profit. He shared his results openly in a video titled “My New Income Source”.
While many appreciated his efforts, he also faced criticism. Several viewers accused him of showing fake profits, using a demo account, or editing results. Instead of arguing, Satish decided to prove himself with full transparency. That’s when he announced the ₹1 Crore Profit Challenge — to make 1 crore in profits through crypto trading and share the journey step by step on the internet.
Early Profits and Progress
- May to August 2023: Satish earned nearly ₹19 lakh profit in just four months.
- September 2023: The market did not perform according to his strategy. Still, he managed ₹61,745 profit.
- By October 3, 2023: His total cumulative profit stood at ₹22,56,550.
This meant he had already achieved about 20% of his 1 Cr Profit Challenge in just a few months. With four months still left in his challenge, he remains determined to achieve his ambitious goal.
Why Satish Kushwaha is Profitable in Crypto Trading
In his video, Satish shared in detail why he believes he has been able to stay profitable as a beginner trader while many others struggle. Here are the key reasons:
1. A Stable Income Source
Satish emphasized that no one should depend solely on trading for survival. He himself already earns a strong monthly income (around ₹15 lakh) from his businesses and YouTube channels. This means he trades without pressure. For anyone else, he recommends having at least ₹50,000 salary or stable income source before trying active trading.
2. Patience and Long-Term Investor Mindset
Having invested in the Indian stock market and mutual funds since 2019, Satish developed patience as an investor. He never rushed to sell stocks or mutual funds, which trained him to hold assets calmly. This patience helps him in crypto trading, where volatility is extremely high.
3. Simple Yet Effective Trading Strategy
Unlike complicated technical analysis or risky signals, Satish follows a very basic trading strategy:
- Identify support and resistance levels.
- Buy at support and sell at small profit margins.
- Follow a strict 10% profit booking rule.
Instead of chasing massive gains like 50% or 100% returns, he exits trades once he secures 10%. According to him, booking regular small profits is safer and more sustainable than being greedy.
4. Controlled Use of Leverage
Leverage is one of the biggest reasons traders lose money in crypto. While some people use 50x or 100x leverage, Satish avoids high-risk leverage.
- Bitcoin: 5x to 8x leverage.
- Ethereum: Up to 5x.
- Altcoins: Just 2x to 3x.
By keeping leverage small, he reduces the chances of getting liquidated during sudden price movements.
5. Risk Management and Averaging (DCA)
If a trade goes against his expectation, Satish uses Dollar Cost Averaging (DCA). For example, if he buys a coin with ₹10,000 and it falls further, he invests another ₹10,000 at the next support. This way, his average entry price reduces, and he can exit with profit when the coin bounces back.
Key Trading Insights from Satish Kushwaha
From his personal experience, Satish highlighted several insights about why most traders lose money and how he avoids those mistakes:
- High leverage = high risk. Greed for quick profits often wipes out entire portfolios.
- Greed for bigger returns. Waiting endlessly for 50–100% gains often results in missed opportunities.
- Lack of patience. Selling too early or panicking during dips ruins trades.
- Not booking profits on time. A trade in profit can quickly turn into a loss if one doesn’t exit strategically.
By filtering out these mistakes, Satish has created a disciplined system that works for him.
His Portfolio and SIP Approach
Apart from futures trading, Satish also practices Systematic Investment Plan (SIP) in top cryptocurrencies such as Bitcoin, Solana, Ethereum, Polygon, and Internet Computer.
He invests weekly in small amounts, proving that one doesn’t always need huge capital to start. Even beginners can begin with as little as ₹200 SIP in Bitcoin. According to him, SIP is the safest way for newcomers to gain exposure to crypto without taking extreme risks.
Transparency with Followers
One thing that sets Satish Kushwaha apart in the crowded space of finance influencers is transparency.
- He openly shows his CoinDCX account, email, and transaction history to prove it is not a demo account.
- He shares his watchlist, trades, and profits on his Telegram channel so that followers can learn in real-time.
- He discloses when he makes profits as well as when he faces losses.
This level of openness builds trust, and many beginners find his journey relatable and motivating.
The Bigger Picture – Lessons for Aspiring Traders
While Satish’s journey looks inspiring, he continuously reminds viewers that crypto is a very risky market. Prices can swing by 10% in a single day, and even experts cannot always predict movements.
Here are his golden rules for beginners:
- Never take loans to trade. Use only your own money.
- Have a backup income source. Don’t depend on trading for survival.
- Start small. Even ₹200 SIP is enough to begin learning.
- Book profits regularly. Don’t wait for unrealistic gains.
- Understand market mood. Follow charts, liquidation heat maps, and tools like CoinMarketCap.
- Be patient. Quick profits are rare; consistent small gains matter more.
Current Status of the Challenge
As of early October 2023, Satish has made ₹22.5 lakh profit, which is 20% of his ₹1 crore target. With four months still left, the challenge is intense but possible. Whether he achieves it or not, the journey itself is a massive learning opportunity for him and his followers.
Why This Journey is Important
The story of Satish Kushwaha and crypto trading is more than just numbers. It represents:
- Transparency: Rare in the world of trading influencers.
- Practical education: Showing real examples instead of fake success stories.
- Discipline over greed: Teaching viewers the importance of patience and small wins.
- Financial awareness: Highlighting risks and responsible trading habits.
In a space where many traders show only luxury lifestyles without real proof, Satish’s challenge stands out as honest and authentic.
Conclusion
Satish Kushwaha’s 1 Crore Profit Challenge is a bold and inspiring initiative in the world of Indian crypto trading. Starting as a beginner in May 2023, he has already earned over ₹22 lakh in profits by October 2023. His approach is simple yet effective: have a strong income source, stay patient, follow basic strategies, control leverage, and book profits consistently.
For beginners, his journey provides real lessons: start small, avoid greed, never risk borrowed money, and focus on learning rather than chasing shortcuts. Whether or not he completes the full 1 crore profit challenge, Satish has already created a transparent roadmap for others who want to explore crypto responsibly.
One thing is certain — the story of Satish Kushwaha and crypto trading is shaping up to be one of the most unique case studies in India’s trading community.
Disclaimer:
The information presented in this article is for general informational purposes only. While efforts have been made to ensure accuracy, the publisher makes no representations or warranties regarding completeness, reliability, or suitability of the content. This article does not constitute financial, investment, or legal advice. Readers are advised to conduct their own research and seek professional guidance before making any financial decisions. The publisher and author disclaim any liability for losses or damages arising from reliance on the information provided.
