Billionaire Mark Cuban gave recommendations on investing in cryptocurrencies
In his view, projects that are useful to the community should be chosen
23.02.2022 - 07:20
240
1 min
0
What’s new? Mark Cuban, a well-known US entrepreneur, whose fortune is estimated at $4,4 billion, gave a number of recommendations in an interview for FOX News on how to choose digital assets for profitable investment. The main criterion is that cryptocurrency has value for consumers and businesses.
The full version of the interview
What other theses did Cuban give? According to the businessman, cryptocurrency users should not consider projects that involve a lot of hype and noise but lack value. As for assets such as Bitcoin and Ethereum, Mark Cuban stressed that Bitcoin successfully fulfills its role as digital gold and a store of value. And Ethereum is an important platform with the availability of smart contracts for developers who create decentralized applications.
Commenting on the market decline, Cuban stated that investors will return to cryptocurrencies one way or another, as it is one of the best places to invest their money today.
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$97 918
BTC
-0.49%
-
Ethereum
$3 408.45
ETH
-0.46%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.48
XRP
+0.9%
-
Dogecoin
$0.427268
DOGE
-2.32%
-
Cardano
$1.04
ADA
-2.53%
-
Stellar XLM
$0.521185
XLM
-10.98%
-
Polkadot
$9.2
DOT
+1.06%
-
Bitcoin Cash
$511.22
BCH
-0.35%
-
Litecoin
$97.23
LTC
-4.39%