Jim Cramer Recommends Buying BTC
During the show Mad Money, host Jim Cramer advised viewers to simply buy BTC.
Cramer, known for his candid and critical comments about the crypto industry, gave this advice in response to a question about shares of the Nasdaq-listed mining company CleanSpark.
He had previously been a supporter of Bitcoin, but publicly stated that the money had already been made and he had acted prematurely.
Interestingly, this statement from Cramer contradicts his previous remarks about Bitcoin.
On October 10, while broadcast on CNBC, he predicted a “big fall for Mr. Bitcoin.”
Earlier this year, former Binance CEO Changpeng Zhao had ridiculed Cramer’s investment advice. In January, Cramer called for selling Bitcoin, but the very next day the asset began to rapidly rise in value.