He was a fan at first, and now he's a troll...
Jim Cramer was a big fan of crypto, at least initially.
He bought bitcoin and ethereum back in 2016 or maybe 2017 and rode the wave up to $20k.
He said he sold most of what he owned and bought a farm with the proceeds.
He became a minor bull again after the pandemic, but now, he's full on trolling crypto and bitcoin investors.
Here's the latest:
(Source: https://twitter.com/wasrichnowbroke/status/1577853533503766529/photo/1)
He thinks the macro backdrop isn't gong to be kind to bitcoin for a while so he is bearish, and he isn't afraid to poke the crypto bulls.
The best thing to happen would be a fed pause or pivot and the market to bottom long before anyone expects.
That would put ol Jimmy in his place!
The man does not understand the value of Bitcoin and all the fantastic use cases…
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