A well -known CNBC presenter, who once was a fan of Bitcoin and believed that digital currencies should form a small part of the individual investment basket, now more than a month after the FTX currency exchange crisis and its impact on the market, it has found a different view. .
Jim Cramer, host of Mad Money, told investors on Monday that they still have time to sell their digital currencies.
She said.
You can’t blame yourself and say, “Hey, it’s too late for sale.” The fact is that it is never too late to sell a awful investment position, and if you own these so -called digital assets, you should do it.
The collapse of the bankrupt FTX currency exchange, which was valued at $ 5 billion, undermined the digital currency industry, causing increasing losses in the market that saw prices fall due to rising interest rates by the US central bank.
Kramer warned of staying in a high -risk asset (speculative) assets as the Federal Reserve continues to its strict policies. He repeated his argument and said that investors should not deceive the value of false market (inflation) some digital currencies.
He added that he expects the price of digital currencies, including Ripple, Dodge Kevin, Cardano and Paligan, and may even reach zero.
Kramer added at the end.
Tetrie, a so -called stubble Quinn, which is supposed to be linked to the US dollar, still has a market value of $ 5 billion. There is still an integrated industry of digital currency supporters who are working hard to keep all these assets high. This situation is not much different from what happened to the worthless stocks during the fall of the dot com.
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