# Ever heard of Jim Cramer?

**Published by:** [Durwin](https://paragraph.com/@durwin/)
**Published on:** 2024-01-18
**URL:** https://paragraph.com/@durwin/ever-heard-of-jim-cramer

## Content

Whatever Jim Cramer likes, will fail. He has a rep in the industry as the anti-Midas touch.If you watch financial news then you probably know him. You know, the guy whose financial predictions are so infamously off-track they’ve become the stuff of legend? I only heard of him when I came across YouTubers making parodies of his outlandish bets. Folks are actually making money selling newsletters and websites analysing his bets and having fun at it. There’s a Twitter account and now a newsletter called inverse Cramer that literally bets against everything he says. What the.Gulp. He just praised BTC and now BTC prices have stalled since the ETF approval. Coincidence much?There are some serious paraodies of Jim Cramer out there. Unbelievable eh.The same Jim Cramer, who once advised against pulling money out of Bear Stearns a week before its collapse, is now singing praises for Bitcoin. Cramer’s notoriety for his “Anti-Midas Touch” is almost comical. The Midas touch is when everything you touch turns to gold. The Anti-Midas touch is exactly the opposite. When he says jump, the market digs a hole. When he is bullish on something, it tends to tank miserably. In 2012, he predicted doom for Best Buy and Netflix, and what happened? Both companies saw their stocks soar by over 120% in six months. Last year, he defended Silicon Valley Bank right before it became the biggest banking failure since 2008.Bulls and Bears in the market. Which one will dominate in 2024?He tweeted this on 1st Nov 2023: “The two worst charts in the book are Apple and Nvidia”. Gulp. And now, as Cramer heralds Bitcoin as “here to stay” and “can’t be killed,” the crypto community is in a tizzy. Is this the ultimate jinx? Did he just place a curse on btc? His bullishness on Bitcoin is like an investor’s worst nightmare — an omen that spells trouble. Time to sell perhaps? Kramer used to chew on btc and hated it. He isn’t the only one.BTC and crypto is a polarizing market, attracting criticism and passion alike.Bill Gates, Paul Krugman, Peter Schiff, Charlie Munger and Jamie Dimon all expressed their hate in various capacities before. But despite the hate, big players are still betting big on Bitcoin. Take Michael Saylor, the co-founder of MicroStrategy, who’s selling a whopping $216 million worth of his company shares to buy more Bitcoin. He is doubling down at every opportunity he gets. So, why the confidence? Bitcoin has weathered storms from media attacks, government scrutiny, and even skeptical grandmas calling it “the devil’s tech.” It’s shown resilience and staying power, making it more than just a fad. Every day, more and more people are buying into btc, slowly but surely.Will 2024 be tumultuous for crypto players and investors?But with Cramer’s latest endorsement, it’s like watching a black cat cross Bitcoin’s path. Will his track record of financial faux pas strike again, or will Bitcoin defy the odds and continue its digital dominance? In any case, if his curse is true and btc do drop in value. Well, its shopping time! - Ever heard of Jim Kramer? - #JimCramer #CryptoCurse #BitcoinPredictions #FinancialIrony #AntiMidasTouch #CryptoCommunity #BitcoinInvestment #DigitalCurrency #MarketPredictions #BitcoinJinx #CryptoRevolution #SaylorAndBitcoin #InvestmentStrategies #DigitalGold #MarketMavericks

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