Jim Cramer says he would not touch crypto in a million years, calling investors who own various altcoins idiots. cryptocurrency
Jim Cramer Urges SEC to Do a Big Crypto Sweep — Says 'I Wouldn't Touch Crypto in a Million Years'
The host of Mad Money, Jim Cramer, says he would not touch crypto in a million years. He called investors who own various altcoins idiots and urged the U.S. Securities and Exchange Commission to do “a big sweep” on the crypto industry.The host of CNBC’s Mad Money show, Jim Cramer, has issued more warnings about cryptocurrency. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website.
“Try getting your money out,” he advised crypto investors, adding that when he had money at a crypto firm: “It was a fight to get the money out — a fight!”I think that everybody who owns these various coins — you know, solana, litecoin — I do think you are an idiot, okay. I did not go to college to get stupid. These people who own these things should not own them. They shouldn’t own them.Cramer also commented on the chairman of the U.S.
“It’s the creation of money by cretins. I don’t think cretins should create money and then suck people in. These are worse than even the worst Nasdaq stocks,” Cramer concluded.
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