Billionaire Mark Cuban and head of Voyager crypto broker Steve Ehrlich shared pro tips for novice investors in the digital asset market.
The crypto gurus expressed their opinions with Mavs.
Voyager CEO Steve Ehrlich said:
“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.”
According to him, about 220 million people already own digital assets. CEO Voyager expects the figure to rise to 1 billion in four years.
Cuban express his thoughts:
“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.”
Ehrlich noted that it is always best to start small financial investments, increasing your position as you learn.
“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 more and understanding more, then you can start increasing from there. But I think it’s always a wise place to start.”
“You’re spending your money, so always be careful. But the other thing, look, there are investments. Things like shiba inu [SHIB] and dogecoin [DOGE], those aren’t investments.”
In late October, Voyager announced it had signed a five-year partnership with the billionaire’s basketball club, the Dallas Mavericks.
Recall that Cuban urged newcomers to pay attention to Ethereum. According to him, the second-largest cryptocurrency has the greatest prospects in terms of investment as compared to bitcoin.