Mark Cuban and Voyager CEO advise getting started in crypto, give tips for new investors –

Shark Tank star and NBA team Dallas Mavericks owner Mark Cuban and the CEO of crypto trading platform Voyager have offered some advice to people thinking about investing in cryptocurrencies. "You don't have to spend a lot of money to learn. It's not like the stock market where it's almost impossible," Cuban said.

How to get into crypto, what investors should know

NBA team Dallas Mavericks owner Mark Cuban and crypto platform Voyager CEO Steve Ehrlich shared some advice on getting started in cryptocurrency during the partnership last week notice between the Dallas Mavericks and Voyager.

They were asked if it's too late to get into cryptocurrency and what new crypto investors should know. Answer to the question: “Is it too late to get into crypto?” Voyager CEO Steve Ehrlich responded:

It's never too late and actually now is the right time. I still think it's the first half of the first quarter for crypto adoption.

"About 220 million people have crypto right now and we (expect) a billion in four years. So that shows you where we can actually go with crypto and crypto adoption," he explained.

Cuban noted:

You don't have to spend a lot of money to learn. It's not like the stock market where it's almost impossible, except on some platforms, to spend $10 and get started.

He further shared, "My now 12-year-old son introduced me to Dogecoin when it was less than a cent. I thought, 'Let's do this' because it's a cheap way for him to learn how it all works."

The two were also asked if someone is getting into crypto for the first time, "what are some important things [they] need to know?"

Ehrlich advised:

Type small and just learn a little. Start small and I think it is always wise to make small investments and then work your way up.

He continued: "As you start to learn more and understand more, you can start from there. But I think it's always a smart start."

Cuban agreed, warning: "You are spending your money, so always be careful. But the other thing, look, there are investments. Things like Shiba Inu [SHIB] and Dogecoin [DOGE], those are not investments."

What do you think of the advice from Mark Cuban and the CEO of Voyager? Let us know in the comments section below.

Photo credits: Shutterstock, Pixabay, Wiki Commons