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Topic: "Mr. Bitcoin is about to go down big." - Jim Cramer - page 2. (Read 361 times)

legendary
Activity: 3052
Merit: 1129
The Inverse Cramer effect strikes again!

October 11 Jim Cramer said on CNBC "I can’t go out with bitcoin because I can’t be in something where Mr. Bitcoin is about to go down big.”

Just two days later bitcoin did the opposite and pumped like crazy.

Whenever Mr. Inverse Cramer opens his mouth about Mr. Bitcoin I know it is a great time to buy in big. Cheesy


Depends on what you would really be that ending up on doing because sentiments like this is never been something new whether do came from with those known personalities or popular person or with some average joes on which it is really just the same. The only difference on here is that there are really that those price calls and sentiments which turns out to be totally opposite on what they are doing. Specially on making some bearish sentiment but actually they've known something that there would really be some huge buys laterwards and making the price going up instead of dumping. This is why its never been that ideal that you should really be making yourself that get easily believe on whatever words that you would really be hearing out on this space. Always better that you should really be that sticking with your own methods and ways on how you do handle yourself
with this market.

Going down big?It could be yes or it could be no, but since we are really not still on halving season then i wont really be that shocked if the market would really be still making out some
that one time kind of dump or decrease into its price before we could really rocket into its price. There's no way on knowing on what would the future holds or what it would look like.
The importance on here is that you do really know on what to do and assume out things that your analysis would really go out and would happen.
hero member
Activity: 2450
Merit: 616
Leading Crypto Sports Betting & Casino Platform

Just two days later bitcoin did the opposite and pumped like crazy.

This goes to show that bitcoin is free from such straight face prediction and not just obeying to every call out there. Bitcoin community doesn't follow those speculation and probably that was meant to pull price down for scooping of the coin at cheap price but unfortunately that didn't happen and ever since then the price have been increasing. The expectation for me is for bitcoin to position itself to break $31,000 and then the bull hits the market next year.
sr. member
Activity: 406
Merit: 443
Whenever Mr. Inverse Cramer opens his mouth about Mr. Bitcoin I know it is a great time to buy in big. Cheesy
I can understand making such statements as news headlines or as a joke, but they are not a tool or methodology for predicting the price of Bitcoin or advice that you can take for investing.
Sometimes they make statements or lie to influence the shares and buy more of them, or they are paid by whales to move the price. you should not take any statement or your investment should be based on statements even if if it elon tweets as we have seen this type a lot in DogeCoin.

The possibility that the price would return to $26,966 (Bitcoin 50-Day SMA) was possible and it is still because the price need to reach $33,577 before we was safely said that we will not return again below $30,000.

hero member
Activity: 1022
Merit: 667
Leading Crypto Sports Betting & Casino Platform
This is the reflection of the independence of Bitcoin as shown in how Bitcoin has proven spectators wrong at several time,  just as you expect less from a Bitcoin boom it goes all up to rube that shit into their face, that is why it is better to avoid anything related to speculations and concentrate on building the sustainable basis that will add our balance ground and long term holding.

If you are lucky to have bought into Bitcoin when the price was at a discount then you are lucky but aside from that you may have to wait out your time to be able to cash in the market volatile.

Having this knowledge for whatever becomes the outcome of the market and not borders ourselves with such negative statements and their possible impact on the market.
sr. member
Activity: 1218
Merit: 332
Leading Crypto Sports Betting & Casino Platform
I believe in coincidences more than I do what Jim Cramer says. It just so happens that the Bitcoin price was pumped down after a very smelly mouth uttered words that could cause panic for some investors who held Bitcoin. Greed could be the mastermind behind all this, he is deliberately spreading panic in the Bitcoin market and then they will take advantage when the market goes down.
Such market manipulation will never make big investors panic easily, I will try to hold the assets that I have managed to collect even though Bitcoin is fluctuating downwards because I am very confident that Bitcoin will return to its highest price.
sr. member
Activity: 1246
Merit: 356
The Inverse Cramer effect strikes again!

October 11 Jim Cramer said on CNBC "I can’t go out with bitcoin because I can’t be in something where Mr. Bitcoin is about to go down big.”

Just two days later bitcoin did the opposite and pumped like crazy.

Whenever Mr. Inverse Cramer opens his mouth about Mr. Bitcoin I know it is a great time to buy in big. Cheesy


To be honest, that's simply a saying, which is why I didn't believe it. However, if something similar to that happens, the prices of Bitcoin would be affected, especially if the individual who stated it is well-known. If you recall what happened to Dogecoin's price as a result of Elon Musk's simple tweet, "Dogecoin is the people's crypto.", the price exploded. I understand that individuals nowadays are too educated to believe in a simple tweet, but others see it as an opportunity. Many people pass up that opportunity. However, the person who's mentioned in the Op is not Elon Musk or someone of similar fame, which is why no one or a small number of people will buy the tweet.
legendary
Activity: 2394
Merit: 1358
Many people want to manipulate Bitcoin prices all the time to profit. I don't think he is excluded from this. Crypto's completely free nature makes people talk about how they feel or people just become liars to create themselves opportunity. I feel like Bitcoin is definitely not going down that huge at this point. It will be very volatile. This volatility is another reason why people wanna talk about Bitcoin doing very hardcore moves.
donator
Activity: 4718
Merit: 4218
Leading Crypto Sports Betting & Casino Platform
At this point it’s so obvious that Jim Cramer’s job is to use the peon’s to overbuy and oversell assets that he’s trying to love the price on to get himself or his clients a more attractive buy or sell point. It’s been obvious for so long that it’s now a running joke. The sad part is that I’m sure he has fans who are retirees and are losing their life savings following his picks.
legendary
Activity: 2674
Merit: 1208
Once a man, twice a child!
Just two days later bitcoin did the opposite and pumped like crazy.

Whenever Mr. Inverse Cramer opens his mouth about Mr. Bitcoin I know it is a great time to buy in big. Cheesy
Whatever he or anyone says about Bitcoin now should be taken with a pinch of salt. No one should be moved by any FUD that comes up because it can only be a strategy to dip the market by whales to buy back cheap. By the way, who the heck is Cramer?

It's possible Bitcoin holds a bullish stance for the rest of this year, I don't see anything changing that for now.
It should, of course. I don't see any other way for Bitcoin than to go north. The halving breeze should be in the air for the taking now and it's exciting investors, the market is also coming up lively once again. Nothing beats this feeling and expectation.
legendary
Activity: 1512
Merit: 4795
Jim Cramer's job was to put out a show in the first place; not sure why anyone would take his words seriously — despite him actually being decently capable of investing(from what I've heard); or why anyone would take investment advice from a freakin TV show.
Some people are easily attracted by what they heard. Only few people like us on this forum and those that have the indepth knowledge about bitcoin have the knowledge to know that some people are making stupid comments about bitcoin price going up or down.

If there is any analyst that is making prediction that bitcoin is going down without explaining how the price will later increase significantly, those are bad analysts.

People do not also know that anyone can be analysts as long as they are predicting the market. That is why you will see some analysts predicating bullrun while some other analysts will be predicting bear market at the same time.

I am myself analyst and I know the bear market is over for now, even if bitcoin will still go back to $25000 because we are moving closer to the next halving block.
legendary
Activity: 2492
Merit: 1327
Yeah when I heard that I was thinking, "Perfect time to long again". And I couldn't believe that a couple of days later bitcoin got a huge up move while being sideways for months. The track record that the guy holds is unbelievably horrible. The fact that he is still on TV doesn't make sense.

Maybe people watch his show mostly for comedy reasons. I can't think of the many times I've seen the guy say the most ridiculous things and he also has a tendency to go on the air drunk or at least with no sleep what so ever.
We must remember that when it comes to TV what matters are the ratings and the profits coming from the advertisers, so his accuracy as a trader takes second place over his showmanship and abilities as an entertainer, so once you begin to think about it in those terms then it makes perfect sense why he is still on TV and why most likely this is going to keep being the case for a long time, however as long as he does not distract us from executing our strategy as we should then what he says should not really matter to us at all.
legendary
Activity: 3738
Merit: 1708
Yeah when I heard that I was thinking, "Perfect time to long again". And I couldn't believe that a couple of days later bitcoin got a huge up move while being sideways for months. The track record that the guy holds is unbelievably horrible. The fact that he is still on TV doesn't make sense.

Maybe people watch his show mostly for comedy reasons. I can't think of the many times I've seen the guy say the most ridiculous things and he also has a tendency to go on the air drunk or at least with no sleep what so ever.
legendary
Activity: 1232
Merit: 1888
In a funny way we can take his predictions as a contrarian indicator but they are actually part of the show. Someone who keeps making predictions is going to be wrong on some of them, it's how he makes them that generates controversy, but it's to attract an audience. I'm not the least bit concerned about what he says. I'm more concerned about what will happen after spring halving next year.
hero member
Activity: 644
Merit: 592
Leading Crypto Sports Betting & Casino Platform
The best Bitcoin pathfinder is you, but if you are not experienced, I'm so sorry, you would have to be tossed up and down like a leave being blown either way by the wind.

Many of these guys are privileged to be either rich, connected, vocal or popular, and this is making people place too much importance on them. No one is a perfect predictor of the market, which is why we need to be careful. Even at that, I see no reason why a good trader would call Bitcoin a bearish market recently, not even in the wake of the Israel-Hamas war because technically, it's bullish in the long-term, this is not hidden.

It's possible Bitcoin holds a bullish stance for the rest of this year, I don't see anything changing that for now.

 
mk4
legendary
Activity: 2716
Merit: 3817
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Jim Cramer's job was to put out a show in the first place; not sure why anyone would take his words seriously — despite him actually being decently capable of investing(from what I've heard); or why anyone would take investment advice from a freakin TV show.
sr. member
Activity: 546
Merit: 418
This is another form of prediction that some may fall for, and I can't still tell why many people fall for these bloggers or YouTubers, they can't see the future of Bitcoin price and it hurts to see how those who invest use their crazy predictions and lose instead of gaining.
I think is time to just let the words these guys are saying slide by without taking it to heart.
The annoying part is that these guys knows how to make their words get into many that views their videos and when it fails you won't hear anything concerning why they gave a false predictions.
sr. member
Activity: 700
Merit: 429
Really can we call this a pump?


There have been mr cleaner all this days that Bitcoin suffered a lot of market decline to the point that, the price of Bitcoin dropped below $20,000 because then, there was a need for assumptions that could trigger the Bitcoin market shift to a recovery level.


But at the moment, bitcoin is at around $30,000 which is a significant recovery price that has nothing special attached to it.
full member
Activity: 224
Merit: 195
Spare me with all this assumptions and predictions, they are not doing any good to my Bitcoin journey. I buy according to my investment strategy and I also know when to buy, how to buy, how to hold and when the time comes to sell.
So many persons has placed predictions and it always turns out false, don't let the sweet talks rule you blindly.
full member
Activity: 770
Merit: 106
It depends on you if you believe what he said. There are only two things that can be seen from the person who spoke: first, either he doesn't know anything about Bitcoin or maybe it's just his way to beat or give fud to BTC so that if there is a panic in the majority of the Bitcoin community and a lot of people sell, they will take advantage. He bought it when the market value went down.

That's the style of swindlers and liars in the name of money, meaning he's the type of person who has greed in his personal nature to get what he wants.
member
Activity: 247
Merit: 36
NO SHITCOIN INSIDE
The Inverse Cramer effect strikes again!

October 11 Jim Cramer said on CNBC "I can’t go out with bitcoin because I can’t be in something where Mr. Bitcoin is about to go down big.”

Just two days later bitcoin did the opposite and pumped like crazy.

Whenever Mr. Inverse Cramer opens his mouth about Mr. Bitcoin I know it is a great time to buy in big. Cheesy

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