Jim Cramer, host of the financial analysis show "Mad Money," has long been vocal about his distaste for Bitcoin (BTC), Litecoin (LTC), Dogecoin (DOGE), and XRP. However, investors who have followed Cramer’s advice have lately been in for some surprise.

On March 14, Cramer warned of investors selling their Bitcoin just as it started rising in value. Since this date, the cryptocurrency has seen a notorable 24% increase and, at the time of writing, Bitcoin is trading at $29,976. This sent shockwaves throughout the cryptocurrency community and caused many to challenge the accuracy of Cramer’s predictions.

Cramer recently commented on the rally of Bitcoin, noting that he believes “it is being manipulated”, while also highlighting his change of heart on the digital asset and suggesting that investors should ‘sell’ when Bitcoin rallies, seeing it as an "inverse Jim Cramer” strategy.

In addition, Cramer has cautioned about getting out of the market stating, “People want to believe the best. I believe that you can move out of tech slowly and bitcoin and friends quickly”. This advice has seemingly been proven wrong once again as, despite Cramer’s comments on January 10 that Bitcoin should be sold quickly as it was trading at $17,192, the current value has seen it surge by over 74% since then.

The TV personality also expressed concern over the SEC’s lawsuit against Ripple and shared his apprehension that the Securities and Exchange Commission might not even win the case, leading to XRP crashing 14% from its 2023 high of $0.58.

Disagreements over the accuracy of his predictions remain but, in the end, any investment carries a level of risk. Investors are recommended to thoroughly judge any advice available on the market before making any buys or sells, especially when it comes to cryptocurrency.



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