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Wine connoisseur who sold their BTC just before the boom

April 25, 2020
CoinJar
AuthorCoinJar
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Wine connoisseur who sold their BTC just before the boom

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

Alex*

Age

24

Location

Melbourne

Occupation

Data Scientist

The details

Provide a breakdown of your cryptocurrency portfolio

50% BTC and 50% XRP

Do you invest in anything other than cryptocurrency?

Yes. I have some Gold investments.

How often do you check the price?

Weekly. My intention is to hold my investments long term so I just want to keep tabs.

What have been your best and worst cryptocurrency investments?

I had some BTC that I unfortunately sold just before the boom.

Have you ever paid for anything with crypto?

I have paid for my VPN subscription using crypto.

What are your most reliable sources for trading advice?

Makeup, my cat and wine. Local Australian wines are some of my favourites.

What is your favourite thing to spend money on?

iPhone. Easy to use, aesthetically pleasing and integrated well with my other devices.

iPhone or Android?

Android, ALL DAY! Apple has fallen behind with hardware, and software is too restrictive.

Favourite tech gadget?

Wireless headphones. I am always listening to music and these allow me to do that working out in the gym and also while cooking at home.

What finance apps do you currently use?

CoinJar, banking apps and Beem It.

Do you have any advice for people who want to start in cryptocurrency?

The best thing to do is not to get discouraged when you don’t sell at peaks. Market research can help a little when it comes to looking at price patterns and trying to figure out optimal times to sell.


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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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