[2017-05-10] Jim Cramer: Should you buy into Bitcoin?

[Dwayne_Bamage]

https://www.usatoday.com/videos/money/2017/05/10/should-you-buy-into-bitcoin/101522470/

Jim Cramer talks Bitcoin with his Trading Strategies panel, despite the fact that he rarely even comments on the cryptocurrency. The panel mentioned that people are using it to store value. They also discussed Bitcoin ETFs, which are one of the only ways to short it. The panel also speculated that people in Venezuela might turn to Bitcoin because gold could be seized. It isn't just all Bitcoin. Jim Cramer's daily insights on Real Money break down the stocks moving the markets every morning. Jim Cramer and the AAP team know what's causing oil prices to decline, and they're telling their investment club members what to do about Apache , Schlumberger and Cimarex . Get his insights or analysis with a free trial subscription to Action Alerts Plus. Video provided by TheStreet Newslook

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[TraderTimm]

Right.

Cramer will never live down the moment he said Bear Stearns was "fine" and to "not move your money out of there".

Never.

Any other financial advice he has will reflect the same caliber as that massive mistake.

Reference - https://www.youtube.com/watch?v=V9EbPxTm5_s

"Don't move your money from Bear, that's just silly!"

[classicsucks]

you never want the endorsement of this kramer idiot - it's a kiss of death