We encourage you to do your own research before investing. The Mad Money show then began recommending investors invest 5% of their portfolios in Bitcoin.Ĭoncerns about the Chinese Bitcoin mining crackdown, ransomware assaults, and Tether (USDT) forced him to sell his BTC for Ether in June of last year.ĭISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. Jim Cramer became a Bitcoin supporter in 2020 after speaking with crypto investor and entrepreneur Anthony Pompliano, who urged him to purchase some BTC. He also tweeted a buy suggestion for AMC Entertainment Holdings, right before the price fell 30%. He complimented Ark Investment Management CEO Cathie Wood immediately before her flagship fund crashed last year. ![]() Many people have criticized Cramer for offering trade suggestions that resulted in losses. You do not do this for 42 years and lose money evert year. After mentioning that he acquired a farm with his Bitcoin winnings and a boat with his ether income, the Mad Money host issued a challenge to crypto investors:Īs far as crypto, same: i bought a farm with my Bitcoin winnings, all announced, and i bought a boat with Ethereum. Jim Cramer then sent out another tweet regarding cryptocurrency. 'I think we broke Jimmy,' one Redditor said in response to Cramers rant. He has often been critical of some of the most popular stocks among. Those who know me know that you would have been betting against Apple at 5, Google since inception, Meta at $18, Amazon at ten, Nvidia at $25 and AMD at $5. Mad Money host Jim Cramer exclaimed 'why why why' in a segment on meme stocks on CNBC Wednesday. 10, 2022, 12:33 PM Jim Cramer doesn't hold anything back when he engages with retail investors on Twitter. He wrote the following when discussing the Advanced Micro Devices stock:Īs always i welcome people betting against me. ![]() Cramer is a former hedge fund manager who co-founded, a website dedicated to financial news and education. At the time of writing, BTC was trading at $30,263, up about 80% since Cramer’s tweet.Jim Cramer, the host of CNBC’s Mad Money, dared cryptocurrency investors to bet against him. Similarly, in January 2023, Cramer urged investors to “move out” of Bitcoin ( BTC) when the leading cryptocurrency stood at around $17,000. “Going to mortgage my house and short $F now, thank you.” Cramer’s previous controversial callsĪlthough anti-Cramer views expressed by retail investors may sometimes be exaggerated, it is difficult to overlook the numerous instances where the 68-year-old television personality has been proven wrong in his predictions.įor instance, in September 2022, Cramer said he was short on Nvidia’s shares (NASDAQ: NVDA), calling the stock “a loser.” This year, NVDA is one of the best-performing stocks in the market, with a year-to-date surge of nearly 220%. “Tesla shareholders rejoice!” – said Inverse Jim Cramer, a popular Twitter account, that mocks the former hedge fund manager’s stock picks. elonmusk twitter daytrader daytrading investing amc facebook meta jimcramer trading. The post attracted a string of sarcastic comments, implying that Tesla followers should be happy about Cramer’s pro-Ford comments. Discover videos related to revert jim cramer on TikTok. ![]() Twitter users comment on Cramer’s latest tweet ![]() Interestingly, the pattern continued as TSLA shares opened higher at Monday market open, while Ford’s stock sank.
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