Crypto is more stable for me than the stock market. No, I am not following your advice Jim Cramer to invest less than 5% of my total portfolio in cryptocurrency.
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Crypto is more stable for me than the stock market. No, I am not following your advice Jim Cramer to invest less than 5% of my total portfolio in cryptocurrency.
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Maybe he bought ETH at the peak and now the price is down so he reckons it's risky hence advises the 5% thing hehe. I like what he said though, of not borrowing money for crypto.
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The funny thing about all the stock market maximalists is that they buy into crypto at the peaks and then cry when it goes down
You’d think they would have learned dollar cost averaging by now
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Not just DCA, but also that fortunes are made in bear markets so that cash is made in bull markets. In this regard, crypto operates the same as stocks.
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Personal and bank loans are a big no. I am thinking of utilizing SSS salary and multi-purpose loans in Pag-ibig fund. 😆
Yes, not a good thing to do. As for salary/multi-purpose loan, I think it's okay since it will be auto-deduct anyway. It's like you were just taking a portion of your salary in advance hehe
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Cramer has cost more people more money than anyone outside of Bernie Madoff.
He is often wrong and sticks to his view long after it is obvious to change.
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That’s quite a claim
Definitely possible. I think it’s hilarious that people take financial advice from people who’s job is to be on TV
If they’re talking about it, they likely aren’t doing it
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By the time it is being talked about, it is too late.
Makes you wonder why Cramer even left his hedge fund for TV. If he was raking it in, why leave?
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Maybe he is secretly raking it now from hedge funds paying him to shill their stocks on air.
Ironically, he could be getting paid in crypto for that service
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Cramer got in trouble and had his licenses revoked. That was before 2008 when I discovered him. All he can do is recommend. Along the way, he entertains.
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Stocks fell again today, BTC holding steady. You might be right!
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I find the comparison funny. I only hold one stock and is still in the red. But as for crypto, though the trend is down, the net yield is still green. I wonder what would have happened if crypto is in an uptrend? 🤩
Cramer was late to Crypto and Tesla.
So I am not sure how much "cutting edge" he really is.
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