Billionaire investor and Dallas Mavericks co-owner Mark Cuban is known for his strong conviction in cryptocurrencies, having invested in heavyweights such as Bitcoin BTC/USD and Ethereum ETH/USD, as well as the king of meme coins, Dogecoin DOGE/USD.
While he has talked extensively about different coins in recent years, some of his remarks have indicated a clear bias for Ethereum.
What happened: During an interview with CNBC back in Oct. 2021, Cuban picked Ether as having the highest upside potential among cryptocurrencies.
"As an investment, I think Ethereum has the most upside," Cuban said. He added that Bitcoin is "better gold than gold" but that he won't recommend it over Ether.
That's not all. In a podcast with Galaxy Digital CEO Michael Novogratz in the same month, Cuban admitted, "I have my fair share of Bitcoin, but I’m more of an Ethereum maxi."
“Maxi” is an abbreviation for maximalist, a cryptocurrency slang used to describe someone with unwavering faith in a particular coin.
Interestingly, a lot of these remarks were made during the peak of the last bull market in 2021.
During October, Ethereum's average price was $4,287.56, while Bitcoin was valued at $61,309.60 on average.
Let us assume a person parked $1,000 in both Ethereum and Bitcoin at the time, equating to 0.233 ETH and 0.0163 BTC.
More than three years later, the cryptocurrency market is in the midst of a new bull cycle. As of this writing, Bitcoin was trading at $96,354.12, while Ether was valued at $3,432.14 per unit.
So, if the trader HODLed their cryptocurrencies until today, their Bitcoin stash would be worth $1571.99, reflecting a gain of 57%.
On the contrary, their Ethereum stockpile would have reduced to $800.48, marking a loss of 19.95%.
| Cryptocurrency | Average Price In Oct. 2021 | Amount Invested | Price (Recorded on 3:30 a.m ) | Gains +/- |
| Bitcoin | $61,309.60 | $1000 | $96,354.12 | +57% |
| Ethereum | $4,287.56 | $1000 | $3,432.14 | -19.95% |
As of today, Mark Cuban holds just 0.026 Ether, worth $87.55, and no Bitcoins in his portfolio, according to data from Arkham Intelligence.
While Ethereum has clearly lagged Bitcoin in the ongoing bull cycle, several analysts expected the second-largest cryptocurrency to get the better of its senior partner in the first quarter of 2025.
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