Jim Cramer Says “Own Bitcoin,” But He’s Talking to the Wrong Crowd

3 hours ago 26

Retail Investors Are Late to the Party, But the Best Investors Never Left

Chip Mahoney

The Capital

Photo by Sivani Bandaru on Unsplash

TV personality and trained puppeteer Jim Cramer is back at it — flip-flopping on Bitcoin once again. After years of calling it a scam, dismissing it as worthless, and even suggesting people sell it before it crashed, he’s now telling retail investors to own Bitcoin. But here’s the problem:

He didn’t say some Bitcoin. He didn’t suggest buying a fraction. He simply said, own it.

And that’s exactly how retail investors get burned — listening to mainstream voices like Cramer long after the best investors have already positioned themselves. Basically, Cramer wants you buying BTC during Alt-season. If ever there was a cue to be bullish on Alts, it’s when this guy rolls up his sleeves and does some song-and-dance in your face.

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