Jim Cramer's latest change of heart states that he is not against crypto

Jim Cramer's latest change of heart states that he is not against crypto
Jim Cramer-the moderator of the CNBC finance television show "Mad Money"-made it clear that he was "not against crypto", but refusing such projects that cheat.
This is another controversial statement by the American, who has changed his view of the industry countless times over the years.
The crypto community often mocks it because it does not give so precise price forecasts and investment recommendations. On the one hand, Cramer advised people in December last year to sell their "terrible" positions when Bitcoin fluctuated around $ 17,000. Remember that the leading digital asset recently exceeded the $ 30,000 mark.
only against fake crypto
Cramer explained on Twitter that he was not a critic of the digital-asset industry. Instead, he is against "false cryptocurrencies and outfits" who withdraw money from investors and never return it.
Understand that I am not against crypto and got along quite well. I am against false cryptocurrencies and companies that have stolen their money and don't want to give them back
-Jim Cramer (@jimcramer) 22. June 2023
Hundreds of users found under the contribution that Cramer's recent statement differed significantly from what he had previously shared.
For example he pushed investors tried not to deal with digital currencies last September, and the latter have described the latter as "speculative assets".
"Look, Fed boss Jay Powell told us that we have to stop doing stupid things with our money ... it is important that we just survive it unscathed." Don't be mentioned by name. Don't let yourself be spacen. Don't get crypto. And they will come through this thicket and find themselves in a much better time when we are sufficiently oversized to enable a huge upswing, ”added Cramer.
The Americans Started Data Preserver-Spaces = "True"> In December there was another bashing manifesto in which people who are invested in cryptocurrencies " Should sell positions.
Cramers "Spotted" forecast
Cramer is not only a prominent TV personality, but also gained popularity with its controversial crypto forecasts, which in many cases turn out to be wrong.
er recommended at the beginning of 2022, the sale of BTC and ETH could be over, which indicates the beginning of a new bull markets. Nevertheless, the last year was devastating for the sector and brought the collapse of several giants such as FTX, Three Arrows Capital (3AC), Celsius Network and others with themselves, while Bitcoin and ether lost a significant part of their USD rating.
On the other hand, the crypto market began to rise shortly after he told investors in December last year: "It is never too late to sell". Since then, BTC has increased by over 75 %.
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