Jim Cramer doubled down on his tip to buy crypto, saying he was “going to call the top by recommending it yet again.”
Bitcoin’s price fell 2% on the same day CNBC markets commentator Jim Cramer suggested that cryptocurrencies should have a place in every investor’s portfolio.
Cramer has become a meme for his investment advice which many think usually turns out to be the wrong call. There was even a short-lived exchange-traded fund (ETF) that bet against his buy tips which flopped.
In a Nov. 26 edition of CNBC’s Mad Money, Cramer endorsed owning crypto as a hedge against a ballooning deficit as US debt climbs over $36 trillion.
