Bitcoin is Now on Former Hedge Fund Manager Jim Cramer’s Investment Menu

Another bitcoiner! CNBC’s Mad Money fame Jim Cramer is “still thinking Bitcoin.”

On the latest episode of The Pomp Podcast, Anthony Pompliano tried to convert the guest Jim Cramer into a Bitcoiner.

CNBC's Mad Money fame, Cramer is a former hedge fund manager who back in 2016 showed his bullishness towards BTC by calling out for $1 million only to get his bears out the following year when the digital asset went under $6,000.

But this time, the co-founder of TheStreet.com got a much-needed lesson to understand Bitcoin, and now he believes buying bitcoin is actually “prudent.”

What changed his mind is the three billion dollars that the central bank printed, which he said: “changed everything.” “I am concerned that I am not being prudent, and I now think that Bitcoin is prudent,” said Cramer.

His idea is to have his inheritance in something his kids will be comfortable with, and it isn’t gold but cryptocurrency.

“I’m going to buy it [Bitcoin] in stages…” he said and that he would keep it untouched for his kids until 2030.

On his investment menu, he had the traditional assets – gold, masterpieces, mansions, and real estate. But what his inflation handbook didn’t have was crypto.

He said gold and crypto belongs to the same category and that one has to “have one or the other.” Cramer said in the light of the current macro environment.

“We're on a collision course, which makes me feel great about the gold I own, but I do feel that it's perfectly logical to add crypto to the menu.”

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AnTy
AnTy
AnTy has been involved in the crypto space full-time for over two years now. Before her blockchain beginnings, she worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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