Log in

News

Billionaire investor Mark Cuban did not sell any of his crypto even from the early days

Updated: Aug 31, 2024
Published: Jan 13, 2021
0
Share:

Billionaire investor and entrepreneur Mark Cuban revealed that he didn’t dilute the cryptocurrencies he acquired from the early days of Coinbase.

Post Feature Image

Brain Armstrong and Fred Ehrsam founded Coinbase in June 2012 and scaled it to become the largest crypto exchange in the U.S. by traded volume.

Cuban, the owner of the NBA’s Daily Mavericks, fired a series of cryptocurrency-related tweets ranging from decentralized finance (DeFi), cryptocurrency transaction costs, and supply and demand.

Cuban, also a media personality who hosts the Shark Tank, engaged with several figures within the industry.

He mentioned that he is a long-term holder of cryptocurrencies when he interacted with Gokhshtein Media founder David Gokhshtein.

 

He then turned his attention to Gemini co-founder Tyler Winklevoss and the two went back and forth about supply and demand and debasement of fiat currencies.

The investor argued that bitcoin gets its value from supply and demand. Winklevoss said the principle of supply and demand still applies when finding the value of “land, a Picasso, or the Dallas Mavericks franchise.”

Cuban acknowledged that the cost of the transaction with BTC/ETH is very high. However, this cost is significantly reduced when one owns crypto. He concluded that the cost of owning a personal wallet is almost zero compared to a bank or other host.

Risks Abound

Cuban touched on DeFi, saying that it is as risky as all derivatives. 

“Just remember with DeFi, as with all derivatives, the RISK NEVER LEAVES THE SYSTEM. One segment collapses, they all face the risk of collapse,” he said.

Bitcoin has been on a tear lately with prices surpassing $40K after the December 2020 bull run extended into the new year.

However, institutional buying has cooled down. The pullback has seen the digital asset trade under $35K.

He warned that individuals should not take debt that they can’t pay back in the name of investing in cryptocurrencies. Cuban called such people fools and said there is a high chance that they will lose everything.

Cuban compared cryptocurrency trading to the internet stock bubble. He believes that bitcoin, ether, and a few others will be like Amazon, eBay, and Priceline that survived the dot.com bubble.

He highlighted that fortunes will be made and lost along the way. 

Cryptocurrencies are very volatile and their wild price swings have prompted financial regulators such as the UK’s Financial Conduct Authority (FCA) to ban the sale of crypto derivatives to retail investors.

Take your next step towards crypto success

Login or upgrade to Cryptonary Pro

Pro

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

$1,548 $799

No risk. Only upside. If we don’t outperform the market during your subscription, we will give you 100% of your money back. No questions asked

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

What’s included?

  • 24/7 Access to Cryptonary's Research team who have over 50 years of combined experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily Market Updates that cover the real data that shape the market (Macro, Mechanics, On-chain)

  • Curated list of the most lucrative upcoming Airdrops (Free Money)

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked.

Recommended from Cryptonary
Market Update: Spotlight Shifts to Fed Cuts and Trade Tensions
PRO
Market Updates
Market Update: Spotlight Shifts to ...Volatility is back with force. A historic $19.5B in liquidations, renewed trade tensions, and shifti...
10 min read
Oct 14, 2025
BTC, ETH, and More: Key Buying Zones After the Liquidation Cascade
PRO
Market Direction
BTC, ETH, and More: Key Buying Zone...The recent liquidation cascade created major altcoin discounts, highlighting potential reversal poin...
4 min read
Oct 13, 2025
Market Update: Majors Show Signs of Recovery
PRO
Market Updates
Market Update: Majors Show Signs of...Markets are trying to find their footing after one of the most brutal shakeouts in crypto’s history....
6 min read
Oct 13, 2025