Famous analyst and economist of the Mad Money program, Jim Cramer, is a relatively newcomer to the cryptocurrency industry.
Cramer, the presenter of one of the most watched economic programs in the USA, certainly has a serious audience with his comments.
previously directly bitcoin and Ethereum Expressing that he made the investment, Cramer emphasized that he subsequently sold them to buy a house.
In his latest statement, Cramer stated that he is looking for an opportunity to enter the crypto money industry again.
Is It Time To Sell Bitcoin?
This time, the Mad Money server made a very harsh recommendation to crypto money investors.
The crypto money warning that came after the Evergrande crisis, which started in China and is said to affect the whole world, forced the Mad Money server to push:
I know crypto lovers would never want to hear me say this, but if you’ve made a big profit like me, I beg you, buy it.”
The famous name, who finds the market conditions we are in risky, advised that “if you have a profit, you should put it in your pocket without saying more or less, at this stage it is not reasonable to take risks and wait with the ambition to earn more.”
Although it is not known how much profit Cramer has made in the past, the famous name emphasized that he bought a big house by selling BTC.
However, not everyone in the industry may be as lucky as Cramer, and most of the industry seems to have been caught in a downturn.
The fall of the BTC price from $ 64,000 to $ 28,000 in a short time is seen as a very strong reason for many to be caught upside down.