Shark Tank star and owner of NBA team Dallas Mavericks, Mark Cuban, and CEO of cryptocurrency trading platform Voyager, offers some suggestions for those considering starting a cryptocurrency investment. “You don’t have to spend a lot of money to learn. It’s almost impossible like the stock market,” Cuban said.
How to Enter Cryptocurrency and What Investors Need to Know
Mark Cuban, owner of NBA team Dallas Mavericks, and Steve Ehrlich, CEO of cryptocurrency platform Voyager, made some suggestions on how to enter the cryptocurrency space in a joint statement between Dallas Mavericks and Voyager last week.
We’ve been asked if it’s too late to enter crypto and what new crypto investors need to know. Voyager CEO Steve Ehrlich answered the question “Is it too late to enter the cryptocurrency market?”
It’s never too late. In fact, now is the right time. I think it is still the first half of the first quarter of the introduction of cryptocurrencies.
“Currently, around 220 million people own cryptocurrencies, and we expect to add 1 billion more within four years,” he said. Therefore, it represents the real progress we can make in cryptocurrency and cryptocurrency adoption.”
Cuba pointed out:
You don’t have to spend a lot of money to learn. This is different from the stock market. With a few platforms, starting with $10 is almost impossible.
He also said: “My 12-year-old son gave me access to Dogecoin for less than a penny. I thought “let’s do this” because that’s kind of an understanding for him. All of this works in an inexpensive way.”
When asked if anyone has first entered the cryptocurrency field, the two said, “What is the key point? [they] Need to know? “
Ehrlich suggested:
Less input. Learn a little. I think it is always wise to start small and gradually increase financial investment.
“If you start to learn more and understand more, you can grow from there. But I think this is always a sensible starting point.”
Cuban agreed and warned. “You are spending money, so always be careful. But on the other hand, there is an investment. Shiba Inu, etc. [SHIB] Dogecoin [DOGE], not an investment. “
What do you think of the advice of Mark Cuban and Voyager CEO? Let us know in the comments section below.
Source of information: 0x information compiled from BITCOINSIDER. Copyright belongs to the anonymous author, reprinting is prohibited.
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