Mark Cuban and Voyager CEO Advise How to Get Into Crypto, Offer Tips for New Investors – Featured Bitcoin News

Shark Tank star and the proprietor of the NBA staff Dallas Mavericks, Mark Cuban, and the CEO of crypto buying and selling platform Voyager have given some recommendation to people considering of beginning to put money into cryptocurrencies. “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,” Cuban stated.

How to Get Into Crypto, What Investors Should Know

The proprietor of the NBA staff Dallas Mavericks, Mark Cuban, and the CEO of crypto platform Voyager, Steve Ehrlich, gave some recommendation on methods to get into cryptocurrency final week through the partnership announcement between the Dallas Mavericks and Voyager.

They had been requested whether or not it was too late to get into cryptocurrency and what new crypto buyers ought to know. Responding to the query: “Is it too late to get into crypto?” Voyager CEO Steve Ehrlich replied:

It’s by no means too late and, truly, now’s the fitting time. I nonetheless suppose it’s the primary half of the primary quarter on crypto adoption.

“About 220 million people have crypto right now and we (anticipate) a billion in four years. So that shows you where we can actually go with crypto and crypto adoption,” he elaborated.

Cuban famous:

You don’t must spend some huge cash as a way to study. It’s not just like the inventory market the place it’s virtually inconceivable, besides on just a few platforms, to spend $10 and get began.

He additional shared: “My now 12-year-old son got me in dogecoin when it was less than a penny. I was like ‘let’s do this’ because it’s a cheap way for him to learn how all of this works.”

The two had been additionally requested if somebody is moving into crypto for the primary time, “what are some key things [they] need to know?”

Ehrlich suggested:

Enter small and simply study a bit bit. Start small and I believe it’s at all times sensible to start out monetary investments small after which work your means up.

He continued: “As you start learning more and understanding more, then you can start increasing from there. But I think it’s always a wise place to start.”

Cuban concurred, cautioning: “You’re spending your money, so always be careful. But the other thing, look, there’s investments. Things like shiba inu [SHIB] and dogecoin [DOGE], those aren’t investments.”

What do you concentrate on the recommendation given by Mark Cuban and Voyager’s CEO? Let us know within the feedback part under.

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