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 mins to learn more.

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 https://coinjar.typeform.com/to/HXeCYd and filling out the following survey.

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*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 mins to learn more.

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 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).

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Your information is handled in accordance with CoinJar’s Privacy Policy.

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 the UK 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).

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