As gold crashes, Jim Cramer says money is ‘all going to crypto’
The host of CNBC’s Mad Money responds to gold’s surprising underperformance this week. As the price of gold plunged on Friday, CNBC’s Jim Cramer said the rise of crypto may partly explain the sudden disinterest in the precious metal — a potential sign that the mainstream has flipped the script on Bitcoin (BTC) and digital assets. When asked why gold isn’t rallying amid the political chaos on Capitol Hill this week, Cramer said the market is either not as chaotic as it seems or that all of the money is going into cryptocurrency:either it is not as chaotic out there so gold doesn't jump or....
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Mad Money host Jim Cramer, a long-term gold proponent, says that gold has let him down. He has become more bullish on bitcoin, advising investors to put 5% of their portfolios in the cryptocurrency to protect their assets. Jim Cramer Reduces Gold Holdings, Increases Bitcoin Allocation In an interview published Monday with Morgan Creek Digital partner Anthony Pompliano, Jim Cramer talked about his new investment strategy for bitcoin and gold. Cramer is the host of Mad Money on CNBC, a former hedge fund manager, and a co-founder of Thestreet.com, a financial news and literacy website.....
The CNBC host publicly thanks Anthony Pompliano after he made serious returns on a $500,000 BTC investment. CNBC host Jim Cramer has revealed he made "a ton of money" on Bitcoin (BTC) but gold "let him down."In an episode of the Pomp Podcast released March 22, Cramer thanked host Anthony Pompliano for inspiring him to invest $500,000 in BTC.Cramer after Bitcoin buy: "Thank you""Here's what's going on: you made me a ton of money," he began.Cramer is well known as a mainstream media finance pundit, and is also familiar to Bitcoiners after a previous Pomp Podcast appearance in September 2020.....
The host of Mad Money, Jim Cramer, has predicted that bitcoin’s price will fall to $12,000. Nonetheless, he has recommended bitcoin and ether for people wanting to invest in crypto. Jim Cramer’s Bitcoin Price Prediction Jim Cramer, the host of Mad Money, talked about the future outlook for bitcoin on CNBC Friday. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website. He was asked whether he thinks bitcoin is going to bounce from the current level, or whether BTC will go down another 50% or more. Sharing his bitcoin price....
The host of Mad Money, Jim Cramer, has some advice for cryptocurrency investors. “I would never discourage you from buying crypto,” he said, adding that he himself owns ethereum.
Jim Cramer’s Advice on Crypto Investing
Jim Cramer, the host of Mad Money, gave some advice regarding cryptocurrency investing on CNBC Make It Wednesday. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website.
“I think crypto should be part of a person’s diversified portfolio,” he began,....
Mad Money host Jim Cramer has some advice on how to invest in bitcoin and when is a good time to sell. He said, “I’m a bitcoin believer,” outlining the reasons why he is sold on the cryptocurrency and why people are buying bitcoin instead of gold. Jim Cramer’s Advice on Investing in Bitcoin Jim Cramer, the host of Mad Money on CNBC, gave some advice on investing in bitcoin on Wednesday. The former hedge fund manager is also the co-founder of Thestreet.com, a financial news and literacy website. “People don’t believe in fiat currency anymore,”....