{"id":14311,"date":"2021-11-15T02:54:08","date_gmt":"2021-11-15T02:54:08","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/shark-tanks-kevin-oleary-advises-how-to-get-into-bitcoin-crypto-now-10-of-his-portfolio\/"},"modified":"2021-11-15T02:54:08","modified_gmt":"2021-11-15T02:54:08","slug":"shark-tanks-kevin-oleary-advises-how-to-get-into-bitcoin-crypto-now-10-of-his-portfolio","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/shark-tanks-kevin-oleary-advises-how-to-get-into-bitcoin-crypto-now-10-of-his-portfolio\/","title":{"rendered":"Shark Tank\u2019s Kevin O\u2019Leary Advises How to Get Into Bitcoin \u2014 Crypto Now 10% of His Portfolio"},"content":{"rendered":"

Shark Tank star Kevin O\u2019Leary, aka Mr. Wonderful, has some advice on how to get into bitcoin or other cryptocurrencies. \u201cIt\u2019s a wonderful universe. It\u2019s a fantastic asset. It\u2019s a must-own if you\u2019re an investor,\u201d O\u2019Leary said. He also revealed that his crypto exposure has grown to about 10%.<\/strong><\/p>\n

Kevin O\u2019Leary Has Some Advice for New Crypto Investors<\/h2>\n

Shark Tank star Kevin O\u2019Leary, chairman of O\u2019Shares ETFs, gave some advice for new investors wanting to get into bitcoin or the crypto space for the first time during an interview with Bitcoin Magazine, published<\/a> early this month.<\/p>\n

O\u2019Leary was asked, \u201cDo you have any advice for people curious about bitcoin or just getting into the space?\u201d He replied:<\/p>\n

I really advise them to explore this asset and the way to do it is to start small, start to understand the platforms. Are you going to buy it through a centralized wallet? Are you going to decentralize? Try all the options, learn by experience.<\/p>\n

He added: \u201cThe thing about bitcoin is you need to learn how to work with it \u2026 There\u2019s many different ways to approach it. There\u2019s many different ways to own it.\u201d<\/p>\n

The Shark Tank star then shared that \u201chis 25-year-old son is completely adept now at all of the ways to own bitcoin \u2014 all the ways to trade it, all the ways to own it, all the ways to stake it. He is the next generation. He did it on his own. He\u2019s never been in a bank branch. He never goes into a bank, doesn\u2019t know why he would.\u201d<\/p>\n

O\u2019Leary continued: \u201cGen Z and millennials, and now baby boomers, are all learning. They make mistakes. I know people have lost their coins, but they did it on a small basis. And they don\u2019t make that mistake again. They create awareness of how to do it.\u201d<\/p>\n

He emphasized:<\/p>\n

It\u2019s a wonderful universe. It\u2019s a fantastic asset. It\u2019s a must-own if you\u2019re an investor, and then it\u2019s about how you do it. But it\u2019s all about education.<\/p>\n

O\u2019Leary noted that the good news is there is a \u201ccommunity that provides a tremendous resource online. You can spend just three or four hours and you will become \u2026 quite knowledgeable on what Bitcoin is, how it works, and how to own it.\u201d<\/p>\n

During a Reddit Talk session on Thursday, he explained that his crypto holdings include a number of cryptocurrencies as well as companies and products in the space, such as firms building decentralized wallets. \u201cSo, we\u2019re going to end up at the end of the year with a very significant holding in crypto assets, and it\u2019s not just bitcoin,\u201d he shared.<\/p>\n

While the Shark Tank star did not disclose all his crypto holdings, he confirmed that he owns bitcoin, ether, and USD coin, among others. He admitted that he owns \u201ca lot of ethereum.\u201d He bought his first coin in 2017.<\/p>\n

Mr. Wonderful revealed:<\/p>\n

I\u2019ve grown the portfolio remarkably. At the beginning of the year, I was at 3% weighting. The target was to get 7% by year-end. However, because of the appreciation of so many of the assets I have now, we\u2019re almost at 10% today.<\/p>\n

In early October, he said that his crypto exposure was more than gold<\/a> for the first time. In September, he said he expects<\/a> a \u201ctrillion dollars\u201d to flow into BTC<\/a>.<\/p>\n

Last month, Bitcoin.com News reported on his Shark Tank co-star Mark Cuban<\/a>, the owner of the NBA team Dallas Mavericks, when he gave some advice to new crypto investors.<\/p>\n

What do you think about Kevin O\u2019Leary\u2019s advice on how to get into bitcoin and crypto? Let us know in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
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Shark Tank star Kevin O\u2019Leary, aka Mr. Wonderful, has some advice on how to get into bitcoin or other cryptocurrencies. \u201cIt\u2019s a wonderful universe. It\u2019s a fantastic asset. It\u2019s a must-own if you\u2019re an investor,\u201d O\u2019Leary said. He also revealed that his crypto exposure has grown to about 10%. Kevin O\u2019Leary Has Some Advice for…<\/p>\n","protected":false},"author":0,"featured_media":14312,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-14311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14311"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=14311"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/14311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/14312"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=14311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=14311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=14311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}