CNBC host Jim Cramer has named the three alternative assets that every investor should consider this year. The TV personality owns gold, cash, and Bitcoin.
According to the ‘Mad Money’ host, not holding any BTC at this point is ‘almost irresponsible’. He said that he always advised investors to store their money in gold and cash, but now his advice is to buy a bit of gold, hold on to the cash, and buy some BTC too.
Bitcoin has arguably turned into a classic financial bubble, but many believe that its price will grow to $100k. What does all this have to do with the gold-backed stablecoin GOLD? It encapsulates all three assets recommended by Jim Cramer. This gold-pegged stablecoin blends the advantages of physical gold and cryptocurrencies, while its instant liquidity and very low volatility make GOLD similar to cash. This is a good asset to accumulate in preparation for a major crisis, in order to then buy other assets once their prices drop.
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