 | I stumbled upon this post: https://news.bitcoin.com/mad-money-jim-cramer-on-btc-price-surge-i-would-sell-my-bitcoin-right-into-this-rally/ The title: "Mad Money Jim Cramer on BTC Price Surge: 'I Would Sell My Bitcoin Right Into This Rally'" Well, whoever listened, would've missed out on serious gains and also probably sold at a loss. Here's an image of the performance of Bitcoin since then (Cramer's advice circled in red): So yeah, the advice was based to get out after the short dip to ~$18k. Just think about who would be in profit then? Only the people who were buying at $18k. With the market sentiment being negative back then, that's probably a small percentage of crypto investors. And besides the current dip, Bitcoin is still up since Jim Cramer called it. TLDR: Always short Cramer. This is not financial advice, but what Jim Cramer says is. Choose what to follow and what to reverse. [link] [comments] |
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