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Mark Cuban: Bitcoin and dogecoin. “Shark Tank” co-host and investor Mark Cuban, in August, said he owned $ worth of dogecoin and that his. Mark Cuban said ethereum has the "most upside" in the crypto world, CNBC reported. · The billionaire investor said dogecoin is "fun" and. In an interview with CNBC, Cuban was asked what cryptocurrency he would suggest for newbie investors. He chose Bitcoin, Ether, and Dogecoin as. FINANCIAL SPREAD BETTING EXAMPLES OF COVER

When it comes to crypto, billionaire investor and Shark Tank host Mark Cuban said ethereum might be the best bet. Cuban said he wished he had bought ethereum sooner because it's the closest thing "to a true currency," he said. Ethereum uses code stored on blockchain called smart contracts, which enable two parties to exchange money without needing a middleman. But they are also ripe for fraud , he said last month, and need regulation such as proof of identity.

As for other cryptocurrencies, Cuban, who also owns the Dallas Mavericks, recommended investing in dogecoin for "fun" and for educational purposes, CNBC reported. He compared the current sceptical sentiment around the crypto space to how the Internet was looked at back in Cuban, in his own capacity , has been trying to drive crypto adoption in the US.

His basketball team was one of the first to start accepting payments in Dogecoin for its merchandise and soon after that, Cuban said, a percent increase in Doge payments just after the first month were observed. The billionaire investor has a diverse crypto portfolio himself. It includes the big names such as Bitcoin, Ether , Dogecoin, and other altcoins.

Interested in cryptocurrency? Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV.

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