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.

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*Names have been changed for privacy

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