{"id":52035,"date":"2021-10-29T20:33:27","date_gmt":"2021-10-29T17:33:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52035"},"modified":"2025-09-03T02:54:36","modified_gmt":"2025-09-02T23:54:36","slug":"jim-cramer-crypto-investing-is-fine-if-you-recognise-the-risks","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/jim-cramer-crypto-investing-is-fine-if-you-recognise-the-risks\/","title":{"rendered":"Jim Cramer: Crypto investing is fine if you recognise the risks"},"content":{"rendered":"<p>Jim Cramer, former manager of hedge fund Cramer &#038; Co. and host of Mad Money on CNBC, backed investors who buy cryptocurrencies while understanding all the risks.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cAs long as you recognise the very real possibility that all investment arguments in favour of cryptocurrency are based on the <span data-descr=\"The theory says you can profit by buying an asset because there will always be someone who wants to buy it at a higher price.\" class=\"old_tooltip\">greater fool theory<\/span>, you have my blessing to speculate on this,\u201d said Cramer.<\/p>\n<\/blockquote>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Jim Cramer: Crypto's investment case may rest on the 'greater fool theory'\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/r7F15tlVUOQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div>\n<\/figure>\n<p>The host acknowledged that he had not bought Bitcoin or Ethereum as an inflation hedge. He said he was \u201cjust gambling\u201d.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cI was just playing on crowd psychology, and I have no idea why these things have risen, except that there are many overenthusiastic people who want to buy high and sell higher,\u201d added Cramer.<\/p>\n<\/blockquote>\n<p>He called owning cryptocurrencies \u2018normal\u2019 if people view them through an investment lens.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cI\u2019m sticking with my Ethereum, because I believe there could be millions of greater fools. I think it&#8217;s a good bet,\u201d concluded the CNBC host.<\/p>\n<\/blockquote>\n<p>Cramer reduced his ETH holdings in May after the coin reached a historic high of $4350.<\/p>\n<p>In June, he sold a large portion of Bitcoin after news of mining restrictions in China, and later spoke of investments in the second-largest cryptocurrency.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jim Cramer, former manager of hedge fund Cramer &#038; Co. and host of Mad Money on CNBC, backed investors who buy cryptocurrencies while understanding all the risks.<\/p>\n","protected":false},"author":1,"featured_media":52036,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1415,46,1138],"class_list":["post-52035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-celebrities","tag-ethereum","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=52035"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52035\/revisions"}],"predecessor-version":[{"id":52037,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52035\/revisions\/52037"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/52036"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=52035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=52035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=52035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}