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Crypto in Conversation: Facebook comments don’t equal good investments

Welcome to Crypto in Conversation, where we’re de-bunking the how, why and what of crypto investments. We’ve asked all the crypto fanatics out there about the juicy details of how they use their cryptocurrency and technological devices.

Introductions:

Name: Jack*

Age: 30

Location: Melbourne

Occupation: Solutions Architect/ Software.

Tell us something interesting about yourself: I’ve travelled to over 50 countries. 

The juicy details:

Provide a breakdown of your cryptocurrency portfolio: 25% BTC, 10% ETH, 20% NEO, 5% OMG, 10% BNB, 30% other alts including BAT, VET, LTC, POWR.

Do you invest in anything other than cryptocurrency? Yes.

What other things do you invest in apart from cryptocurrency? Facebook, Nvidia, Pega, Microsoft.

What percent of your total investment portfolio is in cryptocurrency? 40% in cryptocurrency.

How often do you check the price? Bi-daily. 

What have been your best and worst cryptocurrency investments? Worst DGB, best BTC or BNB. I bought DGB based on very little knowledge or research, on the back of a few facebook shilling comments. BTC is steady and I understand it well. BNB I watched for a long time and bought literally at the bottom and then it went up 300% in nearly a month, and I still think it’s a great investment.

Have you ever paid for anything with cryptocurrency? Yes, I have paid developers that I’ve used for projects with crypto and sorted out international transfers with crypto.

What are your most reliable sources for trading advice? A confluence of articles, posts, personalities and news.

What is your favourite thing to spend money on? Food.

iPhone or Android? Why? Android, I believe open systems grow more organically than closed patented systems. Although I’m becoming more impressed with Apple’s push to privacy.

Favourite tech gadget? My laptop, a Huawei matebook x pro 2018.

What finance apps do you currently use? Crypto and Banking.

Do you have any advice for people who want to start in cryptocurrency? Buy bitcoin, don’t divest into alts until you understand the utility of their token, having a working product and a community.

Want to share your crypto experience? Be a part of the Crypto in Conversation series by visiting  https://coinjar.typeform.com/to/HXeCYd and filling out the following survey.

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*Names have been changed for privacy

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