Topic: Countertrading Jim Cramer on Bitcoin - page 3. (Read 1070 times)

@OgNasty. I reckon Jim Cramer should use the lessons of Sun Tzu's the art of war and confuse his enemies. He should begin countering his own predictions and speculations then share them in social media hehehe. If his haters begin doing the inverse Cramer trades, they will be making head scratching decisions.

Jim Cramer seems to have really stepped up his social media posting in the wake of the inverse Cramer filing. I think the internet is really getting to him. It will be entertaining watching how this plays out. Hopefully it makes Cramer a little more accountable for his terrible picks.

It appears that it was not only the people from social who has noticed about Jim Cramer's bad predictions and bad declarations. Tuttle Capital Management has filed for an application to create and list an Inverse Cramer ETF hehehehe. This might cause Jim Cramer to be more careful in his predictions.



Inverse Cramer ETF becomes reality

Tuttle Capital Management has filed to launch two ETFs going short and long the views of celebrity analyst Jim Cramer.

Source https://www.etfstream.com/news/inverse-cramer-etf-becomes-reality/

@adaseb. Jim Cramer might be traditional finance's version of John McAfee hehehe. All of his tweets and recommendations are for sale but instead of ICO tokens and scamcoins, he tweets on social media about stocks or talks about them on CNBC. Everyone who is arguing in his defense should begin to be more skeptical of him.

That tweet is fake. Someone basically photo shopped it. If you go to his Twitter you won’t find it.

Basically he had both positive and negative tweets about CS.

First he tweeted that it was doing bad and then he had a CNBC interview and he said that CS will be fine because of some CEO running the company. So no idea which tweet to countertrade.

The guy seems to either be on drugs or drunk or just doesn’t sleep. He has bags under his eyes and can barely speak. No idea why people take him seriously.

Bear Sterns was fine till it wasnt, the skill was seeing the rocks before hitting them.    Volatility in one shape or form is going to keep  spiking every year, the QE calm was a false dawn because QE is not ended until reversed and Ben Bernanke already admitted its not possible to reverse QE.   The fiscal budget of every country with QE would need to be in surplus for over a decade (hard for Germany's debts and the rest forget it) to make Quantum tightening actually work and it would be hard work to make this true and stay the course till all storage of debt was reversed.   We dont see it, most likely we hope and pray to avoid the rocks while steering wildly in reaction to every negative event.
   Cramer will just call out the crowd reaction and try to be popular for that, if he was perfectly wrong it would be useful to trade inversely but he will be correct sometimes to upset that possibility.


We can, true enough.  We can do anything thats why its tricky.   I think 2023 is probably going to be more positive then 2022 as Dollar index only can rally this strongly once, its a lead balloon and the world shouldn't be bound to one currency like this so natural reversal seems fairly possible.  Do we see the end of the YEN in 2023, I guess that might do it;  most likely we can top out in the negativity.

I am not very certain if this is a real tweet from Jim Cramer, however, it would be another comedy show if he made this on October 1 and on October 2 this news about Credit Suisse was published by Bloomberg. Jim Cramer also said something similar about Lehman Brothers before their bankruptcy on 2008.



Credit Suisse CEO Seeks to Calm Markets as Default Swaps Climb

Credit Suisse Group AG’s new chief has asked investors for less than 100 days to deliver a new turnaround strategy. Turbulent markets are making that feel like a long time.

Source https://www.bloomberg.com/news/articles/2022-10-02/credit-suisse-ceo-seeks-to-calm-as-default-swaps-near-2009-level

News update.

I am not quite sure what the article is because it is paywalled, however, the title of the article implies that Jim Cramer is telling everyone that this worldwide bear market is presently not worse than the dotcom bubble and the 2008 housing bubble.



This market is not the dot-com crash or the financial crisis. Here’s how to play it

Source https://www.cnbc.com/2022/09/25/cramer-this-market-is-not-the-dot-com-crash-or-the-financial-crisis-heres-how-to-play-it.html


Also, our favorite market predictor Tom Lee has also implied that markets can rally this year until December. He appears to not have any negative effects of trauma from his prediction on 2018 hehehehe.



Tom Lee thinks stocks can still rally into year-end. Here’s why

Source https://www.cnbc.com/2022/09/22/tom-lee-thinks-stocks-can-still-rally-into-year-end-heres-why.html

Tom Lee, Jim Cramer, other bullish influencers and recently Barry Silbert. We cannot be certain if these influencers are telling us the truth or if they are only manipulating their followers to buy and for them to dump. However, it might also be similar to Su Zhu of 3 Arrows where everyone thought he was manipulating everyone but the truth was he was very desperate because he had losing trades on leverage and he really wanted his followers to buy hehehehehehehee.



Fortune favors the brave

- Matt Damon

Source https://mobile.twitter.com/barrysilbert/status/1572742590369304578

Agreed. However, there is a difference between someone who is a whale in the cryptospace like Algod and someone who might only be a talking head for mainstream financial news media like Jim Cramer. Who would be the better predictor from the 2 of them if you were forced to choose? I will choose 100% Algod. Jim Cramer is good only for comedy hehehe.

He is a clown, he’s really irritating, has a way of really annoying me. I don’t think it’s just because he shits on bitcoin, he’s just not a very likeable guy.

I don’t really know why he still has a regular slot on TV, he adds nothing positive imo.

On the other note. Algod doesnt really believe on draw lines and chart up and down indicators so his really gonna countertrade a lot of users.

Thats the thing, they are already gained and winners but still not dump it while having multiple gains instead holding and hoping for more gains instead ended up selling at a loss when the bear says hello. Crazy but true story.

This gives me flashbacks of 2017-2018 when newbies who closed their eyes and selected any altcoin and make a profit from its pump during 2017 thought they were "experts" despite everyone warning them and ended up losing all their lifesavings during dumps.
It is worth noting that most of those who made profit by pure luck thought themselves to be good "predictors"...

Thank you Jim Cramer for showing as another countertrading sign hehehe!!!



Cramer thinks the mid-June market bottom will hold despite the many troubles facing stocks

“Sometimes I just want to tell these doubters, as I constantly tell strangers, don’t give up the ship,” Cramer said on “Mad Money,” hosting the show from Seattle.

Source https://www.cnbc.com/2022/09/12/cramer-thinks-the-mid-june-market-bottom-will-hold-despite-the-many-troubles-facing-stocks.html



@Fundamentals Of. Algod is not forcing everyone to follow his countetrading strategy on Jim Cramer. He was only doing this because it was funny for him and because he wanted to entertain his followers. Jim Cramer is similar to our old friend Tom Lee. We do not need to take this very seriously hehe.

I think Jim seems to be the newbie me, if I tend to call for a shot or made a trade, it will do the opposite. Jim was just the representation on all of us I guess, the only thing about it is that he has more reach. So, if he calls a trade a lot might get a win. I wonder if all of his followers are investors as well that counter his calls and then what he calls was the correct one. It will be a meme.

And then the gullible traders and investors who easily get carried away by stories like this will begin to make orders following Algod's signals and a kind of scheme is born.

Jim Cramer could be wrong many times, but in terms of catching Bitcoin's price, who's not? Everybody who made a number of predictions has been proven wrong many times. It is easy to drop a prediction price but all of them, Dimon, McAfee, Novogratz, PlanB, etc were all proven wrong at some point. They are no different from both Cramer and Algod.

It appears that that our new friend Jim Cramer has made another tweet telling everyone to sell the cryptos and the nfts and the ipos and the SPACs before they take your life's savings. No more nonsense!

Source https://twitter.com/jimcramer/status/1564758962725130241

This is what happened to bitcoin 30 minutes after he made the tweet hehehe. Can everyone see it now?

Why would we complicate this? There is a simpler way to estimate this by only using a chart and mark them with the date of the predictions. I saw one of Jim Cramer on social media but I cannot find it anymore. It looked very much similar to this image hehehe. This cleary shows that many of the experts in mainstream financial media are so very wrong.

Jim Cramer is hilariously bad at timing buys and sells, but honestly I think when it comes to Bitcoin, the best contrarian indicator I’ve found is Samson Mow. When that guy says Bitcoin is going up forever, you’d better sell. He seemed a little bearish lately, which is a good thing if you sold at $65K when he was with Saylor talking about mortgaging homes to buy BTC. Seems like it’s time to start getting back in.

You don’t understand how bad his predictions are. He actually ran a hedge fund before and has some experience in finance. His predictions are so bad it makes it seem he is paid to give bad tips and cause many new traders to lose money.

I am pretty sure someone can randomly flip a coin and get better predictions than him. I assumed in 2008 people would stop watching him however he is still on TV. I don’t understand why.