
Jim Cramer Says “Buy Fear, Not Sell It,” Crypto Community Reacts
Renowned financial expert and TV personality, Jim Cramer, has recently made a statement that is likely to send shockwaves through the crypto community. According to his tweet, he advises investors to “buy fear, not sell it.” This bold suggestion comes at a time when Bitcoin’s price has plummeted by nearly 10% in just 24 hours.
Cramer’s statement implies that he believes the current market conditions are overreactions and that investors should take advantage of these dips rather than selling their assets. In essence, his advice is to bet on fear-induced panic sales, which could create buying opportunities for savvy traders.
The crypto community has taken Cramer’s tweet in stride, with some experts praising his unconventional approach while others have expressed skepticism.
On Twitter, popular crypto influencers and analysts have been sharing their thoughts on Jim Cramer’s statement. Max Keiser tweeted that “Cramer is a genius,” implying that he might be onto something by advising investors to buy fear. On the other hand, prominent analyst and trader, Peter Schiff, responded with a tweet stating that “Cramer has no clue about crypto” and that his advice is nothing but “noise.”
In conclusion, it’s essential for investors to take Cramer’s statement in context and consider their personal risk tolerance before making any investment decisions.
Source: u.today