Mark Cuban's Crypto Portfolio?
Billionaire Mark Cuban opens up his cryptocurrency portfolio to the world recently.
During the first week of February, Cuban told stock traders that bitcoin holders were a great example to follow. In March, Cuban told gold bug Peter Schiff that bitcoin was better than gold.
It is clear where Mark stands when it comes to investing in crypto. The interesting part is that:
"That is more life-like, and so, I have a lot of Ethereum as well. I wish I had bought it sooner, but I started buying it four years ago, simply because I think it’s the closest we have to a true currency."
Four years ago ETH was under $1k in 2017 based on coinmarketcap.com chart.
Also during beginning of 2021 some cryto followers of his was able to determine that he held close to a total of $130k altcoin.
If by estimate the altcoin of his portfolio held the same since beginning of the year and is equal to 10% of his portfolio, then
BTC would be $130k x 0.6 = $780,000
ETH would be $130k x 0.3 = $390,000
Altcoin would be $130,000
Interesting setup but I would have though Mark have more in crypto than a meager $1.3 million. Maybe this is the total facts here and/or since cryto has appreciate a lot more since the beginning of 2021 it could likely be the altcoin base number $130k is no longer accurate and it is much higher.
In any case it is exciting to see not only institutions supporting in crypto but billionaires too such as Mark Cuban, Jack Dorsey, and Elon Musk.
None of what I write is financial advice. It is for entertainment purposes only. Thanks for reading!
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1 to 10% altcoins is always safe
Yeah nothing against Mark's distribution of crypto investment. I am just surprise it was not a lot more. Maybe it is and somehow he is hiding it well ;)
jk jr cuban
free cuba
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