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Jim Cramer has Again Talked about Bitcoin, Shading Gold and Stocks

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Mar 23, 2021

Ever since Bitcoin (BTC) started demonstrating its true potential in the past couple of years, investors are lining up to get their hands on the asset. On top of that, Bitcoin (BTC) has also managed to attract many celebrities towards its promising outcomes.

In addition to the above, people who were once against Bitcoin (BTC) have also started talking in favor of digital assets. Since the end of 2020, Bitcoin (BTC) started showing its true colors and potential as it hit an all-time high of $28k for the year.

While many thought that Bitcoin’s bullish run was just a matter of time and luck, it kicked off the year by hitting even more targets. In the month of March 2021, Bitcoin (BTC) went on to hit an all-time high of $61k per BTC.

Since then, even more investors and opponents of Bitcoin (BTC) have started talking in favor of Bitcoin (BTC). On the other hand, people who were always seen leaning towards Bitcoin (BTC) are now feeling like the luckiest investors in the entire world.

They are now started talking openly about the potential of Bitcoin (BTC) and where they see it in the coming days. There are many proponents who are now claiming that other online trading assets, especially commodities such as gold and stocks are nothing compared to BTC.

Just recently, it was Jim Cramer who made it into the headlines as he made a bold statement about Bitcoin while talking negatively about other assets.

Jim Cramer is a famous television host at a CNBC show who has always been very supportive of Bitcoin (BTC) and its potential. Cramer has recently claimed that he has been investing a lot in Bitcoin (BTC) and has gained a lot of profits so far.

As per Cramer, he had previously invested in Gold and the largest commodity had let him down. On the other hand, his investments in Bitcoin (BTC) managed to bring him tons of profits and revenue in return.

It was reported that Jim Cramer had invested $500,000 of his personal portfolio in Bitcoin (BTC). Cramer has confirmed that the reports were indeed true and he did invest $500k in Bitcoin (BTC). However, he did not want to do it in the first place as he wasn’t sure about the situation and market condition of Bitcoin (BTC).

This is when Anthony Pompliano came out and helped him choose Bitcoin (BTC) and devise a strategy to invest in the asset. Inspired by Pompliano’s information that he shared around Bitcoin (BTC), Cramer decided to go for the deal and invest in Bitcoin (BTC).

Cramer was also seen being very expressive about his experience in investing in gold and stocks. He stated that out of the three instruments he invested in, he only received profit when he went for Bitcoin (BTC).

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