Bitcoin
$23,528.33
-278.19
(-1.17%)
Ethereum
$1,651.64
-25.52
(-1.52%)
Ripple
$0.41
-0
(-1.06%)
Litecoin
$98.79
-1.4
(-1.4%)
EOS
$1.10
+0.01
(+1.11%)
Cardano
$0.40
-0
(-0.93%)
Stellar
$0.09
-0
(-0.78%)
NEO
$8.86
+0.13
(+1.51%)
NEM
$0.04
0
(+1.55%)
DigitalCash
$62.00
-0.71
(-1.13%)
Tether
$1.00
0
(0%)
Binance Coin
$333.06
+1.41
(+0.43%)
QTUM
$2.80
+0.01
(+0.25%)
Verge
$0.00
0
(+0.28%)
Ontology
$0.22
0
(+0.05%)
ZCash
$46.81
-0.43
(-0.91%)
Steem
$0.20
0
(+1.75%)

What Suze Orman, Mark Cuban and Elon Musk all agree on when it comes to investing in

0


Everyone from Kim Kardashian to Shark Tank’s Kevin O’Leary have vocally gotten into the crypto game recently, and they may be having some sway with investors. One example: When Kardashian posted an ad on Instagram asking her more than 250 million followers to join “the Ethereummax Max Community,” one in five crypto owners said they saw the reality star’s Instagram post, and of those, nearly one in five took action based on the post, a Morning Consult survey revealed. But not all celebrity crypto advice is good. So we’ve rounded up some of the sanest cryptocurrency investing advice from the stars — and it turns out, lots of them agree on one fundamental thing about investing in crypto.

Indeed, financial guru and author Suze Orman, entrepreneur and Dallas Mavericks owner Mark Cuban and SpaceX and Tesla CEO Elon Musk all agree on this when dealing with crypto: It can be worth dipping your toes into, but don’t go in too deep.

Suze Orman

Orman, who invests in Bitcoin, says she thinks crypto “should be a part of your portfolio as long as you can afford to lose that money and you’re going to keep it for a seriously long period of time,” she told Time’s NextAdvisor this summer, adding that she personally had just $5,000 in Bitcoin. As for how much people should invest in crypto, Orman simply replied: “It depends on how much money you are willing to lose.”

Mark Cuban 

Billionaire entrepreneur and “Shark Tank” star Mark Cuban gave people simple advice for getting rich back in 2017 in a Vanity Fair interview.  After you do things like live frugally, save 3-6 months of income and invest in mutual funds, those willing to take investing risks may want to consider crypto. But he cautions, you don’t want to invest more than 10% of your portfolio in it and you should “pretend you’ve already lost your money.” (In August, Cuban told FOX Business that he owned Dogecoin.) 

Elon Musk

Even Musk, who frequently talks up crypto and once said there was a good chance that it was “the future currency of the earth,” urged his 60 million followers on Twitter in May to use caution. “Cryptocurrency is promising, but please invest with caution,” he wrote. The richest man in the world also warned that people “should not invest their life savings” in crypto, adding that he did not think that was wise. Instead, he offered that if you “want to sort of speculate and, I don’t know, maybe have some fun,” it’s a good thing to invest in.  





Read More: What Suze Orman, Mark Cuban and Elon Musk all agree on when it comes to investing in

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Notice: Undefined variable: ub in /home/c83w5hz05vw6/public_html/searchcryptonews.com/wp-content/plugins/elements-web-tracker-for-wordpress-W26ADT3-fkYtpIKq-03-15/diframework/ditools.php on line 650

Notice: Undefined variable: ub in /home/c83w5hz05vw6/public_html/searchcryptonews.com/wp-content/plugins/elements-web-tracker-for-wordpress-W26ADT3-fkYtpIKq-03-15/diframework/ditools.php on line 659

Deprecated: strripos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /home/c83w5hz05vw6/public_html/searchcryptonews.com/wp-content/plugins/elements-web-tracker-for-wordpress-W26ADT3-fkYtpIKq-03-15/diframework/ditools.php on line 659

Notice: Undefined variable: ub in /home/c83w5hz05vw6/public_html/searchcryptonews.com/wp-content/plugins/elements-web-tracker-for-wordpress-W26ADT3-fkYtpIKq-03-15/diframework/ditools.php on line 674

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.