- Crypto analyst asked if the crypto community agreed with Jim Cramer’s statements.
- The Twitter crypto community believed that digital assets will be having a bullish year.
- Jim Cramer told investors that they still have time to sell their crypto holdings.
Seeking the public’s opinion, a crypto analyst, called ‘Unusual Whales,’ highlighted the host of Mad Money, Jim Cramer, quote about the crypto industry. Unusual Whales asked if the crypto community agreed with Jim Cramer’s statement, “I predict another weak year for crypto.”
Most of the users in the Twitter crypto community space believe that digital assets will be having a bullish year. Some users started mocking Cramer’s statements by stating that they doing exactly the opposite of what the host of Mad Money does.
Last week, CNBC reported that Jim Cramer told investors that they still have time to sell their crypto holdings.
During an episode of Mad Money with Jim Cramer, the host expressed:
You can’t just beat yourself up and say, ‘hey, it’s too late to sell.’ The truth is, it’s never too late to sell an awful position, and that’s what you have if you own these so-called digital assets.
Cramer further warned users to stay clear of digital assets, calling them “speculative assets”, as Feds continue to make the market tight. The host of Mad Monday also reminded users to stay away from the temptation of the crypto’s inflated market capitalization.
Attacking popular altcoins, Cramer criticized that tokens such as XRP, DOGE, ADA, and MATIC would witness a great fall to the zero realms.
The host of Mad Money described the crypto industry:
There’s still a whole industry of crypto boosters trying desperately to keep all of these things up in the air — not too different from what happened with bad stocks during the dot-com collapse.
Though Cramer commented negatively about the crypto industry, the community continues to defend digital assets against the host of Mad Monday’s statements.
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Source: https://coinedition.com/community-disagrees-with-jim-cramers-advice-against-crypto/