You can be on Entrepreneur’s cover!

Mark Cuban Heralds Ethereum, Bitcoin Mark Cuban has some advice for people who are new to investing in cryptocurrency.

By Entrepreneur Staff

entrepreneur daily

SOPA Images | Getty Images

Mark Cuban has some advice for people who are new to investing in cryptocurrency.

"As an investment, I think ethereum has the most upside," he told CNBC Make It Wednesday. Bitcoin, he added, is "better gold than gold."

The billionaire investor also said that dogecoin, which is a cryptocurrency that was inspired by a meme and is popular online, is a solid entrypoint to learn about cryptocurrency and how communities can impact markets. That coin is also "fun," he said, expanding on comments he made to CNBC Make It in August about the fanbase that supports the coin.

Related: Mark Cuban on Why You Should Never Listen to Your Customers

"The community for doge is the strongest when it comes to using it as a medium of exchange," he said at the time.

The Dallas Mavericks owner bought some dogecoin with his 11-year-old son earlier this year, saying that not only was he teaching his son about cryptocurrency, but his son was helping him learn more about the space, too.

Cuban, whose portfolio includes digital coins, NFTs and blockchain companies, has heralded ethereum, bitcoin and dogecoin in the past, too. As CNBC noted, he said in April that smart contracts on the ethereum blockchain "really changed everything."

He said at the time he wished he had bought ether sooner, adding, "I think it's the closest we have to a true currency."

Entrepreneur Staff

Entrepreneur Staff

Editor

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

From Tom Brady to Kevin O'Leary – See Who Lost Big in the Wake of the FTX Crypto Collapse

The crash exposed an $8 billion hole in FTX's accounts, leaving investors and customers scrambling to recoup their funds.

Business News

This Highly-Debated Piece of Cinematic History Just Sold For Over $700,000 at Auction

The wood panel from "Titanic" is often mistaken as a door. Either way, he couldn't have fit. (Sorry.)

Business News

'Wildly Inappropriate': Woman Says She Was Denied a Job Because She Didn't Wear Makeup During the Interview

Melissa Weaver was applying for a VP of HR job at a tech company via video.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.