Could I pitch a crpyto for a stock pitch question?

Young_Guy's picture
Rank: Chimp | banana points 13

Hey everyone,

Honestly just curious to hear what you all might think about this: I have a SA interview coming up where I'm almost sure they will ask me to pitch them a stock (based on previous interviews of friends and reviews of interviews I've read online). Either way, I was wondering if it would be too bold/strange/damaging/whatever to try and pitch a cryptocurrency for this question. I have been intensely following cryptos for some time now and I think I could not only talk more intelligently talk about a coin I am invested in, but also be very unique and maybe help me stand out more, have a better chance the interviewer won't already know a lot about it, etc.

Also, I wouldn't be pitching bitcoin (lol). This is also for a technology SA program, in case that changes anyone's mind.

Let me know what you guys think. Just doing whatever I can to get that SA gig.

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Comments (5)

Aug 9, 2017

What do you mean by technology SA? I highly doubt you'd be asked for a stock pitch for a tech division internship.

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Aug 9, 2017

Just meant a tech banking SA program--sorry for not being super specific. I actually got asked to pitch a stock from a VP at JP Morgan's tech group last week so that's also why I asked this question in the first place

Best Response
Aug 9, 2017

Which crypto would you pitch? I personally invest in a couple of the main coins and some altcoins, but remember than 95% of the other cryptos are just a scam. If the interviewer thinks your idea is a scam, nothing in your interview answer will be able to convince him/her otherwise.

My personal opinion is that it would not be a good idea for the following reasons:

1) Many people do not see cryptos as an asset class, instead as gambling
2) You cannot do the same technical / fundamental analysis on a crypto as you could on a stock, and this is an avenue they will question you on, so you do not want to seem lacking in knowledge when in fact your technicals are strong
3) You will be pitching something which is not profitable and perhaps (if its purpose is purely currency), not relevant to what you would be doing on a daily basis as an analyst. I'm presuming the team you are interviewing with work with profitable companies rather than early stage?

Just my two cents worth. Whilst I think it could be a super idea you are pitching and it could be a strong way to stand out, I think there are more potential pitfalls that you may stumble into and would stick with acing something a little more vanilla.

    • 2
Aug 9, 2017

Was thinking about pitching NEO (formerly Antshares, as I'm sure you know given its popularity as one of the fastest growing altcoints right now) but I do agree with what you are saying. I definitely think that you can definitely still perform exactly the same type of fundamental analysis on these coins, as its this analysis that primarily causes altcoins to blow up in the first place (read: Ethereum), but I agree that trying to analyze cryptos at a technical level is almost a waste of time due to their insane volatility. Either way, thank you for your input and I will probably stick to a more vanilla answer

    • 1
Aug 9, 2017