Connect with us

Tech & Gadgets

Bitcoin is ‘better gold than gold’, Dogecoin is ‘fun’: Mark Cuban

Published

on


Shark Tank investor and billionaire investor Mark Cuban, owner of the Dallas Mavericks, has once again talked about cryptocurrencies. This time, he chose to talk about some of the most popular crypto coins. According to Cuba, not all digital currencies are equal, although the crypto market as a whole has seen a boom over the past year. In an interview with CNBC, Cuban was asked which cryptocurrency he would recommend for new investors. He chose Bitcoin, Ether and Dogecoin as the most important of them all.

Cuba believed that bitcoin was “better gold than gold”. But he put Ether on top when he said, “As an investment, I think Ethereum has the most upside.” During the interview, Cuban stated that he wished he had “bought”. [Ether] Quick” because “I think it’s the closest to a true currency.” Cuba called bitcoin “better gold than gold” because of the lack of an algorithm. Helped us reach new heights.

Cuba did not leave Dogecoin to its liking. He said it was a great option to learn about cryptocurrency and its impact on the market. He also said that Dogecoin was “fun”. Meme Coin, as many like to call it, has become one of the major altcoins in the crypto market thanks to its backers. Earlier this year, Dogecoin became one of the top 10 cryptocurrencies by market cap.

Dogecoin received support from Cuba because it thought it had a unique use case for the coin. He previously stated that Dogecoin is a “medium that can be used to acquire goods and services.”

Cuba spoke to his experience with cryptocurrency. The billionaire investor has a diversified crypto portfolio. This includes big names like NFT and several blockchain companies as well as bitcoin, ether, dogecoin and other altcoins.

Bitcoin, Ether and Dogecoin have been among Cuba’s favorite crypto asset options for quite some time.


Interested in cryptocurrency? We discuss all things Orbital with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

Cryptocurrency is an unregulated digital currency, is not legal tender and is subject to market risks. The information in this article is not intended to be financial advice, trading advice or any other advice or a recommendation of any kind offered or endorsed by NDTV. NDTV shall not be liable for any loss arising out of any investment based on any alleged recommendation, forecast or any other information contained in the article.

.

Copyright Indian Lekhak Limited 2021. All Rights Reserved