MBaks Crypto

MBaks Crypto (@mbaks_crypto) is a channel run by trader Max Baks, created in November 2021 and dedicated to cryptocurrency trading, personal trades, and market observations. The author shares both profitable and losing trades, periodically publishes analyses of trading situations, and posts updates on his personal state of mind while trading. In recent months, there has been a noticeable decline in cryptocurrency-related content, with a significant portion of his posts now focusing on fishing, his personal life, and new business projects. The main drawbacks are the lack of systematic public statistics over a long period, referral-based monetization, and a mixed public reputation.

Content and Format

MBaks Crypto essentially functions as a trader's personal journal. The author posts screenshots of trades, results from trading sessions, specific market situations, and reflections on their own mistakes. There are usually about 5–15 posts per month, and comments are disabled.

The main formats can be divided into several categories:

• trade results and screenshots;

• brief analyses of market conditions;

• personal posts about fishing, business, and everyday life;

• links to YouTube, exchanges, and third-party services.

The author’s trading strategy focuses primarily on scalping and short-term trading. In his publications, he focuses on breakouts, gaps, pullbacks, volume clusters, position size, and daily stop-loss limits. At the same time, the author openly acknowledges issues with discipline, emotional trading, and attempts to quickly recoup losses.

Monetization and Business Model

The main source of revenue comes from affiliate programs run by cryptocurrency services. The pinned post contains referral links to Bybit, BingX, Binance, OKX, and Tiger Broker, and in the summer of 2026, the Pionex card was promoted separately with a discount on trading fees.

Previously, Max Bucks also taught scalping and "glass" trading, and his related project, MBaks Trading, focused on educational content. Currently, paid products within the channel itself are hardly promoted at all, so the current business model relies more on affiliate sign-ups and the creator’s external ecosystem.

Some posts explicitly mention the benefits of signing up through an affiliate link, which makes the commercial interest quite transparent. At the same time, promotional messages are interspersed among personal and commercial posts and are not always clearly identified as advertisements.

Reputation, Risks, and Key Features

Max Baks is not an anonymous author: his YouTube channel, MAKS BAKS, has been active since 2013 and has about 198,000 subscribers and over 21 million views. He also maintains a website, an Instagram account, other Telegram channels, and various other projects.

There are many critical reviews on third-party websites, which primarily discuss outdated educational products, referral programs, and the lack of verified long-term trading statistics. At the same time, there are positive reviews for publicly disclosing not only profits but also losses.

The audience has been gradually shrinking from approximately 31,000 subscribers since June 2024, and there is virtually no active promotion at this time. The engagement rate of about 52% appears high; however, a significant portion of the audience’s engagement is no longer limited to cryptocurrency content.

Conclusion

MBaks Crypto is interesting primarily as an open trader’s journal that shows periods of volatility and personal mistakes, rather than just successful results. However, the channel has become noticeably less focused on cryptocurrencies, and the lack of systematic long-term statistics makes it difficult to objectively assess the effectiveness of the trading.