If You Invested $1,000 In Bitcoin (And Other Crypto) When Jim Cramer Said Anyone Holding Was An Idiot, Here's How Much You'd Have Now
Portfolio Pulse from Chris Katje
Jim Cramer, a television host known for his controversial takes on the stock market, had warned against investing in cryptocurrencies in December 2022. However, those who ignored his advice and invested in Bitcoin, Ethereum, Solana, Litecoin, and Coinbase Global would have seen significant returns over the last 10 months. An ETF that tracks Cramer's recommendations inversely, the Inverse Cramer Tracker ETF, was also launched earlier this year.
October 27, 2023 | 4:55 pm
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POSITIVE IMPACT
Bitcoin has seen a return of 101.0% over the last 10 months.
Bitcoin's price has significantly increased over the last 10 months, yielding a return of 101.0% for investors.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Coinbase Global has seen a return of 102.8% over the last 10 months.
Coinbase Global's stock price has significantly increased over the last 10 months, yielding a return of 102.8% for investors.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Ethereum has seen a return of 44.9% over the last 10 months.
Ethereum's price has significantly increased over the last 10 months, yielding a return of 44.9% for investors.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Litecoin has seen a return of 2.8% over the last 10 months.
Litecoin's price has increased over the last 10 months, yielding a return of 2.8% for investors.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Solana has seen a return of 166.6% over the last 10 months.
Solana's price has significantly increased over the last 10 months, yielding a return of 166.6% for investors.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
The SPDR S&P 500 ETF Trust has seen a return of 7.9% over the last 10 months.
The SPDR S&P 500 ETF Trust's price has increased over the last 10 months, yielding a return of 7.9% for investors.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Jim Cramer recently recommended Bitcoin over Marathon Digital Holdings.
Jim Cramer's recent recommendation of Bitcoin over Marathon Digital Holdings does not necessarily indicate a negative impact on the latter's stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The Inverse Cramer Tracker ETF, which inversely tracks Jim Cramer's recommendations, was launched earlier this year.
The launch of the Inverse Cramer Tracker ETF does not necessarily indicate a negative impact on the ETF's price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50