New investors should focus on a few leading cryptocurrencies, but Ethereum has the greatest growth potential. That was the claim by billionaire Mark Cuban on CNBC.
In response to the question of which digital assets he would recommend to new investors, Cuban clarified his views on some popular cryptocurrencies.
«I think Ethereum has the most upside from an investment perspective,» he said.
He recommended Dogecoin for fun, as well as a way to get acquainted with cryptocurrencies and learn how their communities can influence markets.
Cuban still considers Bitcoin to be the digital version of gold, which is better than physical gold.
In April 2021, the billionaire disclosed his cryptocurrency portfolio. At that time it consisted of 60% Bitcoin and 30% Ethereum.
The Cuban-owned Dallas Mavericks began accepting Dogecoin as payment for tickets, services, and merchandise. The billionaire also bought the meme cryptocurrency for his 11-year-old son for educational purposes.
Earlier, Cuban criticized Cardano, questioning the asset’s practical use.
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