An XRP believer who made the mistake of putting his money into AusCoin

Welcome to Crypto in Conversation, where we’re de-bunking the how, why and what of crypto investments. We’ve asked crypto fanatics about their cryptocurrency, trading advice, trading pitfalls and their favourite tech gadgets.

Introductions

Name

James*

Age

45

Location

Melbourne

Occupation

I’m a Radio producer.

Tell us something interesting about yourself

I’m a tech geek and I love playing with new consumer technology. I also have 2 dogs, 5 chickens, 2 rabbits, and a cat.

The details

Provide a breakdown of your cryptocurrency portfolio

100% XRP.

Do you invest in anything other than cryptocurrency?

Yes

What other things do you invest in apart from cryptocurrency?

Silver Bullion and Gold Bullion.

What percent of your total investment portfolio is in cryptocurrency?

10%.

How often do you check the price?

Daily.

What have been your best and worst cryptocurrency investments?

Made the mistake of putting money into AusCoin…but my best investment is easily XRP even though it’s yet to see its full potential.

Have you ever paid for anything with crypto?

Yes, I paid for a website subscription.

What are your most reliable sources for trading advice?

I have a few YouTubers I follow that keep me informed, but I don’t rely on them for financial advice.

What is your favourite thing to spend money on?

My wife and daughter…and then computers.

iPhone or Android?

Android – You can do more with it. iOS is too locked down for my practical things, plus it’s really for people who ‘don’t do tech‘.

Favourite tech gadget?

The Logitech MX Master mouse.

What finance apps do you currently use?

• Quickbooks
• AusSuper
• BankWest
• Coinstats
• Zebpay

Do you have any advice for people who want to start in cryptocurrency?

Don’t expect to get rich overnight. Don’t invest beyond your means. Do your own research.

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*Names have been changed for privacy

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