Do you remember the famous Shark Tank? Where Mark cuban has shown to take off some of the interesting deals and made millions out of those investments? I am sure you do. In not, then head over the YouTube and check out some of the episodes of the Shark Tank US where they invested money into the people and how it worked. You will rub off on Mark Cuban's personality. He kind of wins you over with his investment methods.

However if you try and find out how he is investing into Crypto and losing millions along the trail, you would feel good about your 100 USD or more that you have been keeping invested for some time now. So where is Cuban going wrong? What makes cuban's investment not so lucrative and worth considering over?

Titan Fall

Mark cuban first invested into this centralized coin called Titan. This blockchain had the DeFi type of project in pipeline but kind of CeFi as it attracted private investors. And then it managed to get up few VCs from the market. This made the coin have some leverage into the market and slowly it got enough users to have some mainstream cover. Then suddenly the funding dried out and in matter of days the coin went full rug pull. And the Mark Cuban lost the money.

Now you and I and many others here never even hard of Titan or maybe we did. And we just didn't bought into the concept of the Titan and it's growth so we never really put money and didn't bothered with the loss either. In short Mark Cuban did his own due diligence only to lose money, goes to show that these millionaires are not always smart.

Now Comes Voyager

Second investment of the Mark Cuban who was pushing the Voyager project into the market. Where he even pitched the Mavericks sports members and the fans to invest into the Voyager. This too was a bank like DeFi where they tried to imply the functionalities similar to bank but was faking the DeFi approach. Slowly the greed and the cycler system took place and this coin too lost it's edge.

Now that we are seeing the Bank like Rogue DeFi system has called for the Bankruptcy. And Mark cuban lost the investment again. This time he lost the trust of the people who he pitched this for. And also this seems like a credibility loss over the period as voyager didn't do much with the return on investment of project. It was just cycler system moving the cashflow.

Why You Should Never Listen to Mark Cuban

Mark cuban is Rich. No doubt about it. He has moved out of the hustle system. He only now rotates the money with his time and the resources that he has developed over the years. He knows how to make money much better than us. He can go broke and come out top more than us. Sure but he has very limited sense of judgement into the crypto market.

That part is where we are sure about him. I for one would never listen to Mark Cuban for crypto advice. I'd just be simpleton and stick with Bitcoin and Ethereum as my two top titans and I'd only get rich or pay for my retirement using these two. Mark Cuban, Elon Musk can do whatever they wish with their clout and their fans.

Life is too short to act like Rich people with low cost wallets and mindset that we have.

I feel learning from Rich people is one thing, repeating their mistake is another thing.

It's always better to see other people fall and decide for our own self where to stay safe.

Do you trust Elon Musk and Mark Cuban for Financial advice or Crypto advice?