Billionaire Shark Tank star Mark Cuban questions Cramer's assessment on Twitter, asking him why he thinks the crypto asset is a security. Cuban. Jim Cramer (@jimcramer) January 20, Kramer's tweet sparked a debate within the cryptocurrency community, with many arguing that. Should you listen to Cramer when it comes to crypto investing? Key points. Jim Cramer is a well-known financial personality. BLOCKCHAIN CRYPTOCURRENCY BUZZWORDS
He's trimmed in his position on multiple occasions, including very recently in trades tied to the launch of the first bitcoin futures ETF in the U. In all honesty, I was gambling. I was simply gambling on crowd psychology, though, and I have no idea whatsoever why these things went up, except that there are a lot of overenthusiastic people who want to buy high and sell higher," Cramer said.
Cramer stressed to viewers he believes owning cryptocurrencies is totally fine as long as people view them through an investment lens, not one colored by fandom. The latter can compromise judgment, he said. I think that's a decent bet," he said. However, Cramer added, "I don't have any particular attachment to Ethereum and eventually I'll ring the register on the rest of my position when I think it's done going higher.
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