Mad Money host mad at Crypto
Well Known T.V. personality Jim Cramer, who also hosts CNBC’s Mad Money show, warned of a red alert for the crypto. Cramer is a former hedge fund manager.
Recently, he stated that “I would not touch crypto in a million years because I wouldn’t trust the deposit bank.” Also, when asked about any difference in decentralized and centralized crypto companies. He replied that “They fought regulation. They didn’t want regulation and you don’t have regulation,” also noting his disbelief in the platforms who disagree over crypto regulations.
Earlier this month, Cramer warned crypto investors of a huge swamp ahead. Observing the recent market situation, he believes that crypto investors might incur huge losses. He remarked, that “You can’t just beat yourself up and say, ‘hey, it’s too late to sell.’ The truth is, it’s never too late to sell an awful position, and that’s what you have if you own these so-called digital assets.”
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