A drama school graduate who knows the importance of understanding blockchain
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
Xander*
Age
39
Location
Sydney
Occupation
Retail and Manufacturing
Tell us something interesting about yourself
I studied acting at NIDA
The details
Provide a breakdown of your cryptocurrency portfolio
- 50% BTC
- 30% LTC
- 10% ETH
- 10% ZEC/DGB/PPT/ETC/VERI/BNB
Do you invest in anything other than cryptocurrency?
Yes
What other things do you invest in apart from cryptocurrency?
Precious metals
What percent of your total investment portfolio is in cryptocurrency?
40%
How often do you check the price?
Everyday
What have been your best and worst cryptocurrency investments?
BTC was by far the best. I’ve lost money on reckless day trading, and the price of Populous (PPT) gives me a heart attack sometimes, but in general the worst investments are those where you learn that those involved are not great people or leaders in the sector. To that extent I resent having had anything to do with EOS and Bitcoin Cash (BCH) both ABC and BSV
Have you ever paid for anything with crypto?
Yes – general stuff like coffee, but nothing large yet. I am still working out the tax issues as I want to do everything above board
What are your most reliable sources for trading advice?
Trade Genius do great videos, Joe in general and Davinci. However, generally speaking you need to follow a wide variety of people on twitter to get the news from a broad range of sources such as Leigh Cuen, John Kim, Charlie Lee, Pierre Rochard, Nick Szabo, and Matt Odell
What is your favourite thing to spend money on?
Film, sport, books and food, I’m relatively simple like that
iPhone or Android?
I waver in my allegiance. I will probably go back to Android soon though as I don’t trust Apple
Favourite tech gadget?
Trezor
What finance apps do you currently use?
No apps
Do you have any advice for people who want to start in cryptocurrency?
Understand blockchain first. Do an online short course (most are free) and know what the tech is before you listen to too many people about investments. Also, try to make your first investment into Bitcoin as it will help you to leverage everything else
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.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more: www.coinjar.com/uk/risk-summary.
Cryptoassets traded on CoinJar UK Limited are largely unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits.
CoinJar’s digital currency exchange services are operated in Australia by CoinJar Australia Pty Ltd ACN 648 570 807, a registered digital currency exchange provider with AUSTRAC; and in the United Kingdom by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).