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Jim Cramer Says “Own Bitcoin,” But He’s Talking to the Wrong Crowd | by Chip Mahoney | The Capital | Jan, 2025

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Retail Traders Are Late to the Social gathering, However the Greatest Traders By no means Left

The Capital
Picture by Sivani Bandaru on Unsplash

TV character and educated puppeteer Jim Cramer is again at it — flip-flopping on Bitcoin as soon as once more. After years of calling it a rip-off, dismissing it as nugatory, and even suggesting individuals promote it earlier than it crashed, he’s now telling retail traders to personal Bitcoin. However right here’s the issue:

He didn’t say some Bitcoin. He didn’t counsel shopping for a fraction. He merely stated, personal it.

And that’s precisely how retail traders get burned — listening to mainstream voices like Cramer lengthy after the perfect traders have already positioned themselves. Principally, Cramer desires you shopping for BTC throughout Alt-season. If ever there was a cue to be bullish on Alts, it’s when this man rolls up his sleeves and does some song-and-dance in your face.

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