Jim Cramer Tells $731M Powerball Winner to Put 5% in Bitcoin
The "Mad Money" host picked bitcoin as one of his hedges against the specter of hyperinflation.
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Mad Money host Jim Cramer has provided some investment advice aimed at the latest Powerball jackpot winner of $731.1 million. He recommends putting 5% of the jackpot in bitcoin alongside several other investments, such as gold and real estate. Jim Cramer Says Put 5% of Powerball Jackpot in Bitcoin Someone won a Powerball jackpot worth an estimated $731.1 million last week, which was one of the largest lottery prizes in U.S. history. The winning ticket was sold at Coney Market, a convenience store in Lonaconing, a town in Maryland. The store will get a $100,000 bonus for selling the ticket.....
Mobile lottery ticket app JackPocket has officially integrated bitcoin payments into its offering, a move that allows users to buy Powerball tickets, both for tonight’s $1.5bn jackpot and future prizes, with bitcoin. The announcement comes as the Powerball jackpot climbed to a record $1.5bn today, creating what would be the largest lottery prize ever distributed in the US. Launched in 2015, JackPocket offers a mobile app that allows New York residents to play lotteries including Powerball, Mega Millions and three New York state lotteries. In a Medium post, CEO Peter Sullivan framed the....
Mad Money Jim Cramer is no newcomer to crypto. The show host has made the news countless times for his takes on crypto and his crypto investments. Cramer has previously disclosed investments in both Bitcoin and Ethereum. And when he sold, Cramer had revealed his plan for getting back into crypto. Once again, the Mad […]
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,....