In late November 2024, netizens jokingly blamed Jim Cramer for the fall in Bitcoin's price after he endorsed owning it. However, it was revealed that Cramer had actually purchased Bitcoin at a relatively low price of $18,000 per coin. Following his advice and investing $1,000 would have resulted in a profit of over $4,000 as the coin rose 411.11%. However, Cramer is also known to have sold most of his Bitcoin by mid-June 2021, doubling his investment.
- Content Editor ( finbold.com )
- 2024-11-26
What If you bought Bitcoin when Jim Cramer did?