Tech professional who was repaid with crypto for a coffee

December 19, 2019
CoinJar
AuthorCoinJar
Tech professional who was repaid with crypto for a coffee

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

Campbell*

Age

29

Location

Melbourne

Occupation

Tech professional in the Crypto industry

The details

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?

Yes

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?

My dog

iPhone or Android?

iPhone. iPhone is easy to use, has great apps and is overall a good experience.

Favourite tech gadget?

Nintendo Switch

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.

Want to share your crypto experience? Be a part of the Crypto in Conversation series by visiting and filling out the following survey.

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*Names have been changed for privacy

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The above article is not to be read as investment, legal or tax advice and takes no account of particular personal or market circumstances; all readers should seek independent investment, legal and tax advice before investing in cryptocurrencies. This article is provided for general information and educational purposes only. No responsibility or liability is accepted for any errors of fact or omission expressed therein. CoinJar, Inc. makes no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information. Past performance is not a reliable indicator of future results.

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