Shark Tank star and NBA team Dallas Mavericks owner Mark Cuban and CEO of crypto trading platform Voyager gave some advice to people considering investing in cryptocurrencies. Cuban also talked about the popular coins of recent times, Dogecoin (DOGE) and Shiba Inu (SHIB). cryptocoin.com We share the comments of two famous names with you…
Cuban and Ehrlich advise for cryptocurrency investment
Mark Cuban, owner of NBA team Dallas Mavericks, and Steve Ehrlich, CEO of crypto platform Voyager, offered advice on how to enter the cryptocurrency space during the partnership announcement between Dallas Mavericks and Voyager. “You don’t need to spend a lot of money to learn,” Mark Cuban said of cryptocurrencies. He pointed out that such a thing is impossible in the stock market.
When asked if it is too late to enter the cryptocurrency space and what new crypto investors should know, Steve Ehrlich, CEO of Voyager, said, “It is never too late, and even now is the right time. I think we’re still in the first half of the first quarter when it comes to crypto adoption. About 220 million people currently own crypto, and we expect that to be one billion in four years. “This shows you where we can go when it comes to crypto and crypto adoption.” Cuban used the following statements:
You don’t need to spend a lot of money to learn. You don’t need to spend more than $10, except for a few platforms. My now 12 year old son got me Dogecoin when it was less than a penny. I said ‘let’s do it’ because it’s an inexpensive way for him to learn how it all works.
Cuban: Things like SHIB and DOGE are not investments
The duo were also asked about important things one should know for those entering the cryptocurrency space for the first time. Ehrlich says, “Enter small amounts and learn a little. Start small. I think it’s always wise to start small with financial investments and then move up. As you begin to learn more and understand more, you can begin to rise from there. But I think it’s always a smart place to start.” Cuban, who joined Ehrlich, used the following statements:
You are wasting your money so always be careful. But on the other hand, look, there are investments. Things like Shiba Inu (SHIB) and Dogecoin (DOGE) are not investments.
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