A casual crypto player who passed on Ethereum
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
Stefan*
Age
30
Location
Melbourne
Occupation
Team Management
The details
Provide a breakdown of your cryptocurrency portfolio
25% ETH, 25% XLM, 25% XRP, 25% miscellaneous altcoins which keep getting delisted
Do you invest in anything other than cryptocurrency?
I have invested a little in stocks and would like to invest in real estate.
How often do you check the price?
Monthly
What have been your best and worst cryptocurrency investments?
Best: AuroraCoin. I lucked out and bought some for a few bucks. A week later they were worth 10x
Worst: Every single ICO
Have you ever paid for anything with crypto?
Yes – coffees, IOUs, and mistakes
What is your favourite thing to spend money on?
Tech and family
iPhone or Android?
Android phone, iOS tablet
Favourite tech gadget?
Nintendo Switch
What finance apps do you currently use?
- Banking apps
- CoinJar app
- Portfolio tracking app
Do you have any advice for people who want to start in cryptocurrency?
Diversify your portfolio and research all opportunities before dismissing them or investing. Keep an eye on hype projects, but play the long game and don’t send yourself crazy by checking the price every day. Also if a friend tells you about some new project called Ethereum in 2014, don’t pass on it.
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.
Don’t miss out on the action! Open your own digital currency account today.
*Names have been changed for privacy
We are not affiliated, associated, endorsed by, or in any way officially connected with any business or person mentioned in articles published by CoinJar. All writers’ opinions are their own and do not constitute financial or legal advice in any way whatsoever. Nothing published by CoinJar constitutes an investment or legal recommendation, nor should any data or content published by CoinJar be relied upon for any investment activities. CoinJar strongly recommends that you perform your own independent research and/or seek professional advice before making any financial decisions.