Shark Tank ‘Shark’ Mark Cuban has revealed that he is waiting for the price of Bitcoin to drop so he can buy more in 2023.
Mark is a Forbes listed billionaire with a net worth of $4.8 billion. The latest Forbes list showed Mark ranked 568th on the list of the richest people in the world.
In the past, the Dallas Mavericks owner was a well-known cryptocurrency pundit but recently revealed his new pro-crypto perspective on a podcast. .
While speaking with “Random Club” podcast host Bill Maher, Cuban said he wants to further lower the price of the cryptocurrency, which is the largest by market capitalization, so that more can be bought. BTC’s price has struggled to clear the $21,000 mark since falling from a record high of around $69,000. Some cryptocurrency enthusiasts predicted this drop would see him as low as $4,000…
On the podcast, Mark hailed digital assets as a game changer for investment strategies. He also communicated his belief in gold, referring to his investment in gold.Not worth it anyway. ”
Mark is a multi-tasking billionaire with investments in over 400 domestic and multinational companies. He believes that holding gold is now the equivalent of owning a digital exchange. He plans to invest in Bitcoin and other digital assets to expand his portfolio.
American entrepreneurs now consider Bitcoin to be a safer investment compared to gold because gold is very difficult to store and can be easily stolen.
“Gold is a store of value, and so is Bitcoin. They will kill you and take your gold bars.
The podcast host reminded Mark that crypto is a risky investment, not an endorsement of anything. I replied that it was useless.
In a 1 hour, 12 minute podcast, both host and guest agreed on: San Francisco is no longer a good place to run/operate or form a technology company. Mark calls the city of California “pretentious.”
Cryptocurrency leader Bitcoin was trading at $16,548.84 at the time of writing, with a 24-hour trading volume of $15,777,505,141, according to data from CoinMarketcap.
Bitcoin hit an all-time high of $68,789.63 early on November 10, 2021, and compared to current prices, Btc has fallen about 75.94% over the past year.