NBA legend Charles Barkley and his advisors believe that he should stay away from Bitcoin, Ethereum, and other cryptocurrencies as we can see more in our latest crypto news.
NBA legend Charles Barkley said that his financial advisors don’t recommend getting involved with crypto but he didn’t specify why they have such a negative stance on crypto. In a recent interview for CNBC, the former professional basketball player Charles Barkley revealed that the people who run this financials are not keen on crypto as he even said that one advisor insisted on being fired if he ever dealt with digital assets:
“My people do not believe in crypto. I got a couple of financial guys. One of them said: ‘If I ever put you in crypto, you should fire me on the spot.’”
The basketball star who was named one of the 50 greatest players in NBA History, didn’t explain why his analysts consider digital assets as a no-go zone. He agreed that BTC, ETH, and other assets are gaining global popularity:
“And listen, I know that [crypto] is all over the place, to be honest with you, but my people don’t believe in [it].”
Charles Barkley is known as “Sir Charles” said that people shouldn’t rush to new opportunities just because it is in the center of attention at the moment. He revealed that the most important money lesson he learned during his career is to learn to say no and don’t’ feel bad about it. While the basketball legend seems to not be a fan of crypto, players and teams in the US showed support towards BTC and other altcoins over the past few months. For example at the start of April, the NBA giant Sacramento Kings informed that everyone in the organization could start getting paid in BTC as the CEO and Chairman Vivek Randive said:
“I’m going to announce in the next few days that I’m going to offer everyone in the Kings organization, they can get paid as much of their salary in bitcoin as they want, including the players.”
The National Football league has its crypto supporters too. The legendary quarterback Tom Brady and his wife took an equity stake in FTX as a part of the long-term partnership and as a result, the couple will receive payments in crypto.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]