Posted 11/24/2023, 3:35:12 AM
Cramer Backtracks on Bitcoin Call, Admits Being Premature After Bad Market Predictions
- Jim Cramer admits he was wrong to urge investors to sell Bitcoin, saying he was "premature"
- Cramer cleared a profit on Bitcoin despite his bad call to sell
- Cramer's predictions about crypto have become a popular meme due to his frequent incorrect calls
- In August 2022, a trader claimed to have doubled his portfolio by trading opposite to Cramer's recommendations
- In October 2022, an investment fund filed for an "Inverse Cramer ETF" based on doing the opposite of Cramer's market views