Countertrading Jim Cramer on Bitcoin

[LFC_Bitcoin]

He's been a meme for countertrading for a while now; and when the meme blew up, people actually started doing the inverse of what he's saying — slowly but surely making this "strategy" nonviable.

He's still a clown tho.

He is a clown, he’s really irritating, has a way of really annoying me. I don’t think it’s just because he shits on bitcoin, he’s just not a very likeable guy.

I don’t really know why he still has a regular slot on TV, he adds nothing positive imo.

[1715548477]

1715548477

[bbc.reporter]

Whale Who Bet $1M on Terra's Collapse Now Countertrading Jim Cramer

This gives me flashbacks of 2017-2018 when newbies who closed their eyes and selected any altcoin and make a profit from its pump during 2017 thought they were "experts" despite everyone warning them and ended up losing all their lifesavings during dumps.
It is worth noting that most of those who made profit by pure luck thought themselves to be good "predictors"...

Agreed. However, there is a difference between someone who is a whale in the cryptospace like Algod and someone who might only be a talking head for mainstream financial news media like Jim Cramer. Who would be the better predictor from the 2 of them if you were forced to choose? I will choose 100% Algod. Jim Cramer is good only for comedy hehehe.

[bbc.reporter]

Tom Lee, Jim Cramer, other bullish influencers and recently Barry Silbert. We cannot be certain if these influencers are telling us the truth or if they are only manipulating their followers to buy and for them to dump. However, it might also be similar to Su Zhu of 3 Arrows where everyone thought he was manipulating everyone but the truth was he was very desperate because he had losing trades on leverage and he really wanted his followers to buy hehehehehehehee.



Fortune favors the brave

- Matt Damon

Source https://mobile.twitter.com/barrysilbert/status/1572742590369304578

[bbc.reporter]

News update.

I am not quite sure what the article is because it is paywalled, however, the title of the article implies that Jim Cramer is telling everyone that this worldwide bear market is presently not worse than the dotcom bubble and the 2008 housing bubble.



This market is not the dot-com crash or the financial crisis. Here’s how to play it

Source https://www.cnbc.com/2022/09/25/cramer-this-market-is-not-the-dot-com-crash-or-the-financial-crisis-heres-how-to-play-it.html


Also, our favorite market predictor Tom Lee has also implied that markets can rally this year until December. He appears to not have any negative effects of trauma from his prediction on 2018 hehehehe.



Tom Lee thinks stocks can still rally into year-end. Here’s why

Source https://www.cnbc.com/2022/09/22/tom-lee-thinks-stocks-can-still-rally-into-year-end-heres-why.html

[bbc.reporter]

I am not very certain if this is a real tweet from Jim Cramer, however, it would be another comedy show if he made this on October 1 and on October 2 this news about Credit Suisse was published by Bloomberg. Jim Cramer also said something similar about Lehman Brothers before their bankruptcy on 2008.



Credit Suisse CEO Seeks to Calm Markets as Default Swaps Climb

Credit Suisse Group AG’s new chief has asked investors for less than 100 days to deliver a new turnaround strategy. Turbulent markets are making that feel like a long time.

Source https://www.bloomberg.com/news/articles/2022-10-02/credit-suisse-ceo-seeks-to-calm-as-default-swaps-near-2009-level

[STT]

Bear Sterns was fine till it wasnt, the skill was seeing the rocks before hitting them.    Volatility in one shape or form is going to keep  spiking every year, the QE calm was a false dawn because QE is not ended until reversed and Ben Bernanke already admitted its not possible to reverse QE.   The fiscal budget of every country with QE would need to be in surplus for over a decade (hard for Germany's debts and the rest forget it) to make Quantum tightening actually work and it would be hard work to make this true and stay the course till all storage of debt was reversed.   We dont see it, most likely we hope and pray to avoid the rocks while steering wildly in reaction to every negative event.
   Cramer will just call out the crowd reaction and try to be popular for that, if he was perfectly wrong it would be useful to trade inversely but he will be correct sometimes to upset that possibility.

Tom Lee thinks stocks can still rally into year-end. Here’s why

We can, true enough.  We can do anything thats why its tricky.   I think 2023 is probably going to be more positive then 2022 as Dollar index only can rally this strongly once, its a lead balloon and the world shouldn't be bound to one currency like this so natural reversal seems fairly possible.  Do we see the end of the YEN in 2023, I guess that might do it;  most likely we can top out in the negativity.

[adaseb]

That tweet is fake. Someone basically photo shopped it. If you go to his Twitter you won’t find it.

Basically he had both positive and negative tweets about CS.

First he tweeted that it was doing bad and then he had a CNBC interview and he said that CS will be fine because of some CEO running the company. So no idea which tweet to countertrade.

The guy seems to either be on drugs or drunk or just doesn’t sleep. He has bags under his eyes and can barely speak. No idea why people take him seriously.

[bbc.reporter]

@adaseb. Jim Cramer might be traditional finance's version of John McAfee hehehe. All of his tweets and recommendations are for sale but instead of ICO tokens and scamcoins, he tweets on social media about stocks or talks about them on CNBC. Everyone who is arguing in his defense should begin to be more skeptical of him.

[bbc.reporter]

It appears that it was not only the people from social who has noticed about Jim Cramer's bad predictions and bad declarations. Tuttle Capital Management has filed for an application to create and list an Inverse Cramer ETF hehehehe. This might cause Jim Cramer to be more careful in his predictions.



Inverse Cramer ETF becomes reality

Tuttle Capital Management has filed to launch two ETFs going short and long the views of celebrity analyst Jim Cramer.

Source https://www.etfstream.com/news/inverse-cramer-etf-becomes-reality/

[OgNasty]

Jim Cramer seems to have really stepped up his social media posting in the wake of the inverse Cramer filing. I think the internet is really getting to him. It will be entertaining watching how this plays out. Hopefully it makes Cramer a little more accountable for his terrible picks.

[bbc.reporter]

@OgNasty. I reckon Jim Cramer should use the lessons of Sun Tzu's the art of war and confuse his enemies. He should begin countering his own predictions and speculations then share them in social media hehehe. If his haters begin doing the inverse Cramer trades, they will be making head scratching decisions.

[el kaka22]

The sad thing about him is the fact that he really thinks he is trying to help everyone. I mean he is not an evil person inside if you ask me, he thinks that he is trying to build you a good portfolio where you would be able to put aside some money into what he says and then try to trade like he would and make a profit.

But, obviously we are talking about something that is a bit more realistic where he is just a clown who ends up being wrong so many times and promoting things that shouldn't be promoted and not really understanding the hurt he is putting into the market when he is wrong, because he has that influence to cause people to lose.

[Fortify]

It appears that we have a new favorite crypto predictor. Our old favorite Tom Lee might have stopped making public predictions on bitcoin after 2018. This might have caused much psychological shock and damage on Tom hehehehe.

Our new favorite predictor is Jim Cramer hehe. Algod, a trader who predicted Terra's collapse, has been countertrading him and he appears to be making good trades.



Whale Who Bet $1M on Terra's Collapse Now Countertrading Jim Cramer

Algod posted an update on their “inverse Jim Cramer” account on Twitter Monday, announcing that they had doubled their profits since the account launched. Algod claims that they startedthe account with $50,000; its net value now shows as $101,440.71 in their post. “Some people work a 9-5 job, i simply just countertrade Jim Cramer… it’s not much but honest work,” Algod wrote.

There’s also an Inverse Cramer ETF Twitter account that likely inspired Algod, where over 84,000 followers track Cramer’s calls to ascertain what to bet against next.

Honestly nobody can predict the future direction of Bitcoin or any other asset. These half baked celebrities are just looking to latch on to something that is current and try to expand their audience in any way possible. They're already rich from other revenue sources and can be pulling all sorts of hidden moves behind the scenes, not to mention their inherent pump-and-dump style of promotion. They're basically byte size versions of Elon Musk but without anywhere near the level of audience that he attracts. Like many people, he picks up on trends that are already "over the hill" and likely to implode - people with their finger on the pulse are making the trades months before him.

[bbc.reporter]

Similar to what I have told everyone before, if Jim Cramer began doing the opposite of what he wanted or what he was supposed to predict and tell everyone, it is working uehehehehe! This might be bearish Cramer being bullish. The whole cryptospace is pumping!



Jim Cramer explains why he’s optimistic on markets going into November

Source https://theglobalherald.com/news/jim-cramer-explains-why-hes-optimistic-on-markets-going-into-november/

[bbc.reporter]

I am very much beginning to get confused on Jim Cramer. In my last news update, he was very bullish and he was telling everyone that he was optimistic on markets going in to November. In this latest statement he is telling everyone to sell. Going to the Inverse Cramer speculation, this implies that the market will pump hehehe.



‘Hold your nose and sell’ to brace for a possible market downturn, Jim Cramer says

Source https://www.cnbc.com/video/2022/10/31/hold-your-nose-and-sell-to-brace-for-a-possible-market-downturn-jim-cramer-says.html

[adaseb]

Yes he is a big joke. No idea why he is on tv anymore. The majority of his predictions are wrong. Like last week on Meta. Now we got this article about him being bearish, obviously means the market will rally this week.

I remember he was a joke back in 2009 or so. Haven’t watched CNBC in a while and I am surprised he still has a show and is on it. He also seems like he gets no sleep or is drunk on his show.

[bbc.reporter]

My speculation for this. Is this Jim Cramer telling his truth or is this Jim Cramer telling the inverse analysis of his truth?

If Jim Cramer is telling his truth then according to the strategy of countertrading Cramer, we should buy. However, similar to what I have mentioned before, Jim Cramer might already have learned from his mistakes and has already begun telling everyone the inverse of his own analysis heheheehe.



Cramer advises investors to cash out on crypto while they can

Source https://www.cnbc.com/video/2022/11/11/cramer-advises-investors-to-cash-out-on-crypto-while-they-can.html

[bbc.reporter]

News update.

Jim Cramer told investors to sell all their cryptocurrency that they are presently holding. Everyone knows what to do if you are a follower of Inverse Cramer trading strategy hehehe.

However, has Jim Cramer been saying opposite statements of what was supposed he was to say? This is the head scratching question. It appears the followers of Inverse Cramer should begin doing an Inverse of Inverse Cramer strategy if this is true hehehehhe.



Jim Cramer urges investors to exit crypto

CNBC’s Jim Cramer on Monday told investors that they still have time to sell their cryptocurrency holdings.

“You can’t just beat yourself up and say, ‘hey, it’s too late to sell.’ The truth is, it’s never too late to sell an awful position, and that’s what you have if you own these so-called digital assets,” he said.

Source https://www.cnbc.com/2022/12/05/jim-cramer-urges-investors-to-exit-crypto-its-never-too-late-too-sell.html

[GreatArkansas]

However, has Jim Cramer been saying opposite statements of what was supposed he was to say? This is the head scratching question. It appears the followers of Inverse Cramer should begin doing an Inverse of Inverse Cramer strategy if this is true hehehehhe.

Hehehe. I think we need to wait for more time if it's really somehow accurate. Jim Cramer seems already figured out that a lot of people started to countertrade him. So if he is just releasing statements to the public opposite, then we will know it this time.
Let's take an example for this Bitcoin statement of Jim Cramer, let's wait for some time if the countertrade on Jim Crammer still works.

[OgNasty]

News update.

Jim Cramer told investors to sell all their cryptocurrency that they are presently holding. Everyone knows what to do if you are a follower of Inverse Cramer trading strategy hehehe.

However, has Jim Cramer been saying opposite statements of what was supposed he was to say? This is the head scratching question. It appears the followers of Inverse Cramer should begin doing an Inverse of Inverse Cramer strategy if this is true hehehehhe.



Jim Cramer urges investors to exit crypto

CNBC’s Jim Cramer on Monday told investors that they still have time to sell their cryptocurrency holdings.

“You can’t just beat yourself up and say, ‘hey, it’s too late to sell.’ The truth is, it’s never too late to sell an awful position, and that’s what you have if you own these so-called digital assets,” he said.

Source https://www.cnbc.com/2022/12/05/jim-cramer-urges-investors-to-exit-crypto-its-never-too-late-too-sell.html

Yup, the Jim Cramer counter trade is in full swing. With him basically calling crypto dead, you have your signal that it’s time to go all in. I’m kidding of course, but the numbers don’t lie. Jim Cramer is an absolutely terrible market tuner who is always late to the party with the wrong take on the situation. Seeing him calling for more pain is the first positive signal I’ve seen that the market may be ready for a turnaround.