Mark Cuban and Voyager CEO Explain How to Invest in Cryptocurrency
Mark Cuban, the Shark Tank star and owner of the NBA team Dallas Mavericks, as well as the CEO of crypto trading platform Voyager, have offered some advice to those considering investing in cryptocurrencies. “You don’t have to spend a lot of money to learn. “It’s not like the stock market, where it’s almost impossible,” Cuban explained.
Last week, during the Dallas Mavericks and Voyager partnership announcement, Mark Cuban, owner of the NBA team Dallas Mavericks, and Steve Ehrlich, CEO of crypto platform Voyager, gave some advice on how to get into cryptocurrency.
They were asked if it was too late to invest in cryptocurrency and what new cryptocurrency investors should be aware of. In response to the question, “Is it too late to get into cryptocurrency?” Steve Ehrlich, CEO of Voyager, responded:
It’s never too late and, actually, now is the right time. I still think it’s the first half of the first quarter on crypto adoption.
“Right now, about 220 million people have cryptocurrency, and we (anticipate) a billion in four years.” “So that shows where we can actually go with crypto and crypto adoption,” he added.
Mark Cuban noted:
You don’t have to spend a lot of money in order to learn. It’s not like the stock market where it’s almost impossible, except on a few platforms, to spend $10 and get started.
The two were also asked, “What are some key things need to know if someone is getting into crypto for the first time?”
Ehrlich suggested:
Enter small and just learn a little bit. Start small and I think it’s always wise to start financial investments small and then work your way up.
“As you start learning and understanding more, you can start increasing from there,” he continued. But I believe it’s always a good place to start.”
Cuban agreed, but cautioned, “You’re spending your money, so be careful.” But there’s also the matter of investments. Shiba inu [SHIB] and dogecoin [DOGE] aren’t good investments.”
Patrick
Coincu News