Join the larget crypto conference of 2024 in Bitcoin

Game-Changing Crypto Projects Will face downfall But One Class Projects Will Disappear, says Mark Cuban

Emerging Crypto Art Platform Outland Raises $5M Seed Round Led by OKG Ventures 7

Billionaire Mark Cuban shared his stance on the current bearish situation of the crypto market and noted that the majority of the altcoins project will get out forever. 

Mark Cuban is an American billionaire entrepreneur, Shark tank personality, and media proprietor. The current net worth of this company is $4.7 billion. Cuban has been active in the crypto industry for a few years and he keeps analyzing innovative and better crypto projects to invest, instead of following hype or information on behalf of news media platforms. 

Shark Tank star Mark Cuban recently appeared in an interview with Fortune. Through the interview, Cuban emphasized that cheap crypto assets, or say altcoins, will disappear. Cuban claimed that there are many businesses in the crypto and stock industry, which work under a bad business model.

Cuban added:

      -----Cryptonews AD----->>>  

BYBIT - Copy Trading

Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at . https://www.bybit.com/invite?ref=PAR8BE

  <<<-----Cryptonews AD-----    

 

“In stocks and crypto, you will see companies that were sustained by cheap, easy money – but didn’t have valid business prospects – will disappear. Like (Warren) Buffett says, ‘When the tide goes out, you get to see who is swimming naked.”

However, the current situation of the crypto industry is not good but still, Shark tank star said that innovative & better projects will still break through.

“If rates go up, it will struggle till it’s priced in. The exception, as with stocks, is for new, game-changing applications.”

Cuban emphasized the significance of the current market situation and claimed that all the projects in the Stock & crypto industry will grab better success in the future even launch in a bear market situation, even if they will be based upon better business model.

Besides these things, Cuban said that crypto & stock markets are now correlated with each other and both of these two markets will struggle when the US Federal Reserve will increase interest rates.

Earlier, Cuban said that the market will get better advantages because of the inflow of the developers and their efforts to work on development to solve the practical life problems.

Read also: Former Robinhood officer says Doge doesn’t get the credit it deserves

Game-Changing Crypto Projects Will face downfall But One Class Projects Will Disappear, says Mark Cuban

 

https://bitcoinik.com/game-changing-crypto-projects-will-face-downfall-but-one-class-projects-will-disappear-says-mark-cuban/feed/

https://bitcoinik.com/game-changing-crypto-projects-will-face-downfall-but-one-class-projects-will-disappear-says-mark-cuban/feed/

 

 

 

 

 

Ads by Cryptonews24

 

Buy bitcoin and other cryptocurrencies on crypto exchanges:    Binance    Coinbase      Kraken      Bitfinex

EXPLOSIVE LTD is an investment company specializing in financial market trading. Our preferred market is commodities: EXPLOSIVE LTD have developed accurate expertise in trading gold, silver, crude oil, natural gas.

🔥 Explosive-X
Signup link: https://explosive-x.io/?ref=devplus
Started: 01/06/2022

💰 Investment Plans: 4% daily for 25 days (principal return end of the cycle)

Cancel Deposit after 24 hours with a 15% fee

Withdrawal: Manual (Max 12 hours)

📥 Minimal deposit: $10 – Maximum deposit: $50.000

📥 Minimal withdraw: PM $1 , BTC $10 ,LTC $5 ,ETH $20
XRP $5 ,DOGE $5 ,USDT ERC20 $20 ,TRX $5 ,XLM $5
USDT (TRC20 BEP20) $5 , USDT TRC20 5$ , BNB $5 ,BCH $5

🤝 Referral program: 6% – 2%

Career Bonus:
$1000 Direct active referrals: $40 Bonus
$2500 Direct active referrals: $100 Bonus
$5000 Direct active referrals: $250 Bonus
$15,000 Direct active referrals: $600 Bonus
$50000 Direct active referrals: $2500 Bonus

Sign Up : https://explosive-x.io/?ref=devplus

—————————————————————————————————————-

BN Trust
📣24 hours trading, every two hours, you can earn more than 5% profit per day
Invest $100 (30 days) and get $432
Invest $300 (30 days) and get $1297
Invest $500 (30 days) and get $2161
Invest $1000 (30 days), get $4320
Invest $5,000 (30 days) and get $21,610
Invest $10,000 (30 days) and get $43,200

💵Minimum deposit amount is $20.
The minimum withdrawal amount is $10.
Cash out anytime!
The higher the capital, the more you earn

🖇Operation registration link https://www.bn-trust.com/#/register?sharecode=kBrco2

Ads by Cryptonews24

 

 

 

Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.

 

Please follow and like us:

Social media & sharing icons powered by UltimatelySocial