Topic: Is Jim Cramer a hypocrite and a flip-flopper about Bitcoin? (Read 230 times)
Oh Jim Cramer... that guy is just an entertainer. Why do you think he has been on national TV for years now on CNBC or wherever the hell he is now? he is just a very entertaining guy, he's actually funny to watch and see how he freaks out about Bitcoin's price. And yes, he is all over the place, sometimes he is bullish, other times he comes out and says how Bticoin is a ponzi scheme bubble from hell... you never know what he will say, and the rest of the boomer guys on there are also clueless.
The irony is that participating in the U.S. stock market is gambling not investing, the insider traders have advanced information the public never will, and the game is rigged in favor of the wealthy elite.
But people like Jim Cramer like to gaslight the public to believe the U.S. stock market isn't a casino, nor is it rigged.
But people like Jim Cramer like to gaslight the public to believe the U.S. stock market isn't a casino, nor is it rigged.
I saw Cramer a few days ago said "buying Bitcoin is no different than gambling at a casino, and there are better ways to gamble." He said it so many times.
It amazes me how dim very experienced investors can be just because something is new and not part of the stock market. Obviously anyone can see it isn't gambling, its investing just on a very volatile asset. Cramer really sounded like he didn't know anything at all about investing the entire time he was talking about Bitcoin and called it gambling over and over again.
It amazes me how dim very experienced investors can be just because something is new and not part of the stock market. Obviously anyone can see it isn't gambling, its investing just on a very volatile asset. Cramer really sounded like he didn't know anything at all about investing the entire time he was talking about Bitcoin and called it gambling over and over again.
His latest bullshit:
https://www.cnbc.com/2017/12/11/cramer-says-wait-to-buy-bitcoin-if-you-dont-know-the-risk.html
Choice quote:
Oh yeah, is that right Jimmy boy? Well I remember you saying this about Bitcoin in 2014:
https://www.youtube.com/watch?v=2kEySHOd4JU
We will never forget that you weasel!
https://www.cnbc.com/2017/12/11/cramer-says-wait-to-buy-bitcoin-if-you-dont-know-the-risk.html
Choice quote:
Quote
"One of Cramer's biggest pet peeves is hearing hedge fund managers talk about how the stock market is too risky for them or for individual investors.
Cramer said he was so glad he didn't listen to the people who told him for decades that stocks were too dangerous and too expensive."
Cramer said he was so glad he didn't listen to the people who told him for decades that stocks were too dangerous and too expensive."
Oh yeah, is that right Jimmy boy? Well I remember you saying this about Bitcoin in 2014:
https://www.youtube.com/watch?v=2kEySHOd4JU
We will never forget that you weasel!
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