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.
Tech professional in the Crypto industry
Provide a breakdown of your cryptocurrency portfolio
- 27% XLM (Stellar)
- 25.77% HOT (Holochain)
- 11% ZEC
- 7% BTT (BitTorrent)
- 6% XRP
- 4% ADA (Cardano)
- 3% TRX (TRON)
- 14% other
Do you invest in anything other than cryptocurrency?
What percent of your total investment portfolio is in cryptocurrency?
I tried to invest in stocks, but I find stocks are really boring to invest in and watch over time. It isn’t as enjoyable or fun as crypto, where there’s a lot going on as the space evolves and changes.
How often do you check the price?
Passively through push notifications, I check the price consistently throughout the day. In an average day I might get around 400 price alerts depending on the market movement. I actually had to turn a lot of them off because the constant alerts were overwhelming!
What have been your best and worst cryptocurrency investments?
Too many to list. You will always make good and bad investments, that’s just the luck of the draw. For me, I would say Reddcoin was a bad investment, not only because of the coin itself, but also since the Reddcoin I had was lost when an exchange was hacked and closed down. Luckily it was only around $25. Only invest what you’re willing to lose!
Have you ever paid for anything with crypto?
No, although a friend once repaid me for a coffee with crypto.
What are your most reliable sources for trading advice?
A simple Google search can save hours of headache and months of heartache, always Do Your Own Research. I also use Reddit and Twitter to keep up with what’s happening in the space.
What is your favourite thing to spend money on?
iPhone or Android?
iPhone. iPhone is easy to use, has great apps and is overall a good experience.
Favourite tech gadget?
What finance apps do you currently use?
Delta (iOS) for portfolio tracking and Coinmarketcap for price comparison
Do you have any advice for people who want to start in cryptocurrency?
Three top tips:
- Always DYOR before investing in a project.
- Trust your gut. If it’s too good to be true it isn’t true.
- Only ever invest what you’re willing to lose.
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*Names have been changed for privacy
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