Mark Cuban Heralds Ethereum, Bitcoin

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

learn more about Entrepreneur Staff

By Entrepreneur Staff

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


Related Topics

Editor's Pick

The Dark Side of Pay Transparency — And What to Do If You Find Out You're Being Underpaid
Thinking of a Career Change? Here Are 4 Steps You Can Take to Get There.
A Founder Who Bootstrapped Her Jewelry Business With Just $1,000 Now Sees 7-Figure Revenue Because She Knew Something About Her Customers Nobody Else Did
Everything You Need to Know About Franchise Law
Business Plans

5 Things to Know and Do Before Writing Your Business Plan

If you need a business plan, there are certain things you need to know and do before you sit down to create it. In this article, you'll learn five things to complete before writing your plan to ensure you get the best results.

Growing a Business

Scaling Made Easy: How to Scale Your Business like a Fortune 500 Company

Once you have the night-vision skills of Fortune 500 restaurants, scaling becomes effortless. Here are 3 ways to scale, hidden in plain sight.


Streaming TV Is the Future of Advertising — Without Breaking the Bank

Today's consumers expect personal, impactful ads. There's an advertising method that can get you there for half the price, making it the next frontier in digital advertising.

Business Ideas

55 Small Business Ideas To Start Right Now

To start one of these home-based businesses, you don't need a lot of funding -- just energy, passion and the drive to succeed.

Starting a Business

90% of Online Businesses Fail in Just 4 Months. You Can Avoid the Same Fate By Using These Strategies.

It's not catastrophizing when we think about potential failure; it's in fact a chance for any business to precisely see any outcome and prepare in advance.