Billionaire investor Mark Cuban has made clear that he’s in favor of cryptocurrency as an investment, and he’s put plenty of his own money into various coins. As someone who has a portfolio made up of Bitcoin, Ether, and altcoins, he’s got some important advice for others who are thinking of investing — especially when it comes to altcoins.
Here’s what Cuban said that you need to do before you invest in altcoins.
One email a day could help you save thousands
Tips and tricks from the experts delivered straight to your inbox that could help you save thousands of dollars. Sign up now for free access to our Personal Finance Boot Camp.
By submitting your email address, you consent to us sending you money tips along with products and services that we think might interest you. You can unsubscribe at any time. Please read our Privacy Statement and Terms & Conditions.
Cuban’s advice for anyone investing in altcoins
Before investing in altcoins, Cuban warned investors to “do your own research.”
He issued this advice on CNBC’s Make It, explaining that it’s crucial for investors