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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next

NBA Star Stephen Curry Asks Crypto Twitter For Advice On Starting, Here’s What Was Said

Samuel Wan
by Samuel Wan
4 years ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Point guard for the Golden State Warriors Stephen Curry reached out to his 15.5 million Twitter followers for advice on getting started with crypto.

“Just getting started in the crypto game…y’all got any advice??“

So far, his tweet has gained over 67,000 likes, over 8,000 retweets, and an astonishing 16,000 comments. It’s safe to say Curry won’t be reading all of the comments personally.

Nonetheless, several notable crypto figures and famous celebs did reply. Here’s a summary of the key points.

Crypto Advice For Curry

The top positioned reply comes from Bitcoin-bull Michael Saylor. Since his firm, MicroStrategy, first bought Bitcoin in August 2020, Saylor has become an evangelist for the leading cryptocurrency.

He’s credited with promoting and educating all comers on the topic, including creating a free educational course to get to grips with Bitcoin.

Like many times before, Saylor said Bitcoin is the crypto to invest in. He then points Curry to a link to his educational course.

“Steph, I spent more than a thousand hours considering this question and chose bitcoin. So far, I have purchased more than $3 billion in BTC because I think it’s the future of digital property. I have posted tons of free #bitcoin education on http://hope.com (or DM me).”

Input Output global CEO Charles Hoskinson chimes in by linking a YouTube playlist from Gary Gensler’s time teaching at MIT. The playlist features over 20 hours of content, giving a fundamental rundown of crypto, including consensus, script code, how this sector interacts with commercial banking, etc.

There were also many replies promoting obscure tokens. As well as naysayers trying to steer Curry away with talk of money laundering, links to criminality, and the usual unfounded nonsense.

But tech YouTuber Marques Brownlee gives, perhaps, the best advice by saying:

“Yes. Ignore all Twitter crypto advice.”

Curry Is No Stranger To Digital Assets

Curry’s tweet can be construed to imply he is a novice when it comes to crypto. But given that he recently bought Bored Ape #7990 for 55 ETH or $180,000, it’s likely he’s downplaying his understanding of digital assets.

This particular Ape is described as a blue fur, wearing brown tweed with zombie eyes. It previously changed hands in June for 1.5 ETH, which represents a 3,500% increase in ETH.

Curry is not a crypto novice - BAYC #7990
Source: opensea.io

Bored Ape Yaught Club is a collection of 10,000 Bored Ape NFTs that exist on the Ethereum blockchain. Each Bored Ape is a unique combination of over 170 possible traits, including expression, headwear, clothing, and so on.

The collection went on sale in May, selling out within an hour. During this initial run, each Ape could be bought for 0.68 ETH ($2,500). But the secondary market on OpenSea has seen a significant mark up in price since then.

As is the trend, Curry has changed his Twitter profile pic to his newly acquired NFT.

Whether Curry is a crypto novice or not doesn’t really matter. What does is that Curry is facilitating discussion on the topic.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Samuel Wan

Samuel Wan

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Samuel Wan is passionate about different cultures and eating good food. He has years of experience working in business and finance — a burgeoning interest in Bitcoin and cryptocurrencies since 2017. UK based.

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