Inverse Cramer Strikes Again

This is the predictor who often gives predictions to the crypto community, where the results are always contrary to what he says; in short, it's just a fluke. That's why when it gives advice related to cryptocurrency or Bitcoin, the opposite of that for sure will happen.

So that means what Cramer will say is the opposite of what he said. Don't say what he said if you don't want your crypto assets to burn; that's what you'll do if you're one of the crypto communities in this field.

Quote from: nutildah on January 05, 2024, 02:46:31 AM

Quote from: buwaytress on January 04, 2024, 04:22:31 PM

I know how cherry-picking works for humour.

It's not at all "cherry-picking." Its a long-standing, well-documented behavior that is consistent & powerful enough for fund managers to have opened an Inverse Cramer Tracker ETF. People are regularly betting millions that Cramer will continue to be a reverse indicator, even when it comes to his calls on Bitcoin.

But isn't a little cherry-picking is still cherry-picking? Ha.

But I concede. If nett results are positive, then poor Cramer must be a moneypot. I daresay if the statistic is true (I believe it is) that most traders actually fail, one must create plenty of Inverse Signals for others too. Unfortunately, not everyone will be as upfront about all their calls.

More important than call accuracy though is specifics of trade (how much). If he trades like I bet, I only need a win every ten calls to profit.

I think the only thing that can best Cramer is going to have to be Bitcoin haha. As resiliant as Bitcoin is its the only asset that can take on Jim. How dare he speak positively about Bitcoin! Its an outrage! Its a scandal! hahaha. For real though I am laughing but at the same time cramer has been too bearish, just once lets make this a bullish one for real Jimbo!

We are so back.

IDK what the problem is but for some reason I can't see the image, so here's a link to the tweet:

https://twitter.com/CramerTracker/status/1744532183950283079

🚨BREAKING: Jim Cramer says “Bitcoin $BTC is topping out here”

(happy green wojak group hug image)

As we know the Jim Cramer Effect" has become a popular meme in the crypto world, many believe that the opposite of what Cramer predicts has happened with BTC. If Cramer says it will be bullish, then it will be bearish ie the opposite. Cramer comments on Bitcoin topping-out Following his comments on Bitcoin, lawyer John Dayton wrote:

Glorious news. Literally, bought more bitcoins.

https://www.talkimg.com/images/2024/01/10/sotOP.jpeg

https://twitter.com/JohnEDeaton1/status/1744697604313588021

Time to get some more Bitcoin Cheesy

Quote from: nutildah on January 10, 2024, 02:32:34 AM

We are so back.

Lol! I saw the news about him saying it was topping out and new what would come next....
There's still a lack of clarity about the ETF though it seems like it's been approved, we need official sec publication to be certain. I'm also waiting on clarity of underlying asset transparency for etfs/trust units before I get bullish...though Cramer's comments (if not countered with something bullish from him again soon) is a nice funny way to gain a spot of clarity on whether the short term is bullish or bearish.

Interested to see the next 24hrs of news and to see how many times we bounce from bearish go bullish over the coming weeks, given that sentiment has been changing like a yo-yo as of the last week or two.

I started to like guys like him. When they say something good, the actual opposite comes. I've watched the video when he said that and what I noticed, did he really spat behind before saying it?

Quote from: stygilation on January 10, 2024, 09:19:15 PM

Time to get some more Bitcoin Cheesy

You should.

When they start to talk, there are many of them. Use them as your personal and creative indicator whether you should buy Bitcoin or not. Grin

I think this is not a meme anymore Grin

Seems a lot of traders already made Jim Cramer as indicator of the inverse.

It's kinda sad, you are popular and everything you are saying is seems doing opposite, for sure lot of people are talking advantage of popularity of Jim Cramer to dump on people who are following always of Cramer.

I'm starting to think he is a genius and does this on purpose. What are the chances? Grin

Nooooo0o0o... Not now Jim! Cry

Half an hour ago:

One thing I would like to point out is that many people believe that Jim Cramer never “makes a mistake.” That is, his predictions come true exactly the opposite. I don't think so. He is "wrong". That is, sometimes his predictions work out exactly as he predicted. Why? I don't think anyone knows the future. Jim probably doesn't know him either. Did you know there is a Reverse Kramer Foundation? Sometimes you can even find a graph of its profitability on the Internet. This graph does not represent a smoothly upward curve on the graph. No, it's more of a line going up with a lot of downs. This means that at one time his predictions did not work in the opposite way.

Quote from: GreatArkansas on January 10, 2024, 11:14:17 PM

I think this is not a meme anymore Grin

hahaha reverse indicators, this looks silly but in reality what Jim Cramer said always works the other way around. like the opposite day in the spongebob cartoon which makes me laugh watching it. people will mark what jim cramer will say next, like elon musk's tweet that if he says go up it will go up, but when jim cramer says go up, that is a signal to buy because it will go down drastically.

By the way, Cramer’s last prediction that Bitcoin was forming a top and it was time to sell turned out to be correct. This once again proves that even Kramer is right from time to time. When his predictions began to come true and the discussion on this topic ceased.) This is why I would not invest based on reverse forecasts. Kramer seems to be telling us, “Guys, do your research. Don't rely on me. I can lead you down the wrong path."
And for his prediction, Cramer used a banal truth that everyone knows: “buy on expectations, sell on news.”

For the past couple of days he was bearish on bitcoin and yet the price still went down, so basically he was correct. Now he is tweeting even more about being bearish and it looks like we might of bottomed, at least temporarily since we got a few days of doji closes.

I find that he flip and flops way too much. He can change his mind every few hours pretty much. We might rally to $42K and he will say “bitcoin going to ath” and we will break down the $39k low that we put in.

Maybe this is happening because it finally became profitable for Cramer to make Inverse Cramer decisions Cheesy

The weight of Inverse Cramer briefly superseded the weight of Cramer, and so he had to reverse his form in order to restore balance in the universe.

So far BTC is pretty flat from the time of his call. Just goes to show the balancing is still processing.

Quote

I find that he flip and flops way too much. He can change his mind every few hours pretty much. We might rally to $42K and he will say “bitcoin going to ath” and we will break down the $39k low that we put in.

I also think Jim Cramer changes his mind too often. When you change it so often, then someday you will of course be right, and someday you will be wrong. In general, a coin toss would produce a similar result. But Cramer is a little more often a counter-indicator. Why is this happening? Because Cramer bases his forecasts on the continued movement of the market. If the market falls, Cramer believes the market will continue to fall. If the market is rising, Cramer believes the market will continue to rise. But he voices his forecasts most often at the point where the market is turning.

OK, order has been restored in the Inverse Cramerverse.

https://twitter.com/jimcramer/status/1750571289566204068

Quote from: Julien_Olynpic on January 26, 2024, 02:15:27 AM

But he voices his forecasts most often at the point where the market is turning.

Mmmhmm... And you believe that's just a coincidence?

Inverse Cramer never fails! Grin

Bitcoin Surpasses $47K, Up 16% Since Jim Cramer Said 'Unlikely To Find Its Footing'

After surpassing $45,000, Bitcoin (CRYPTO: BTC) has now soared past the $47,000 mark, marking a 16% increase since Jim Cramer's Jan. 22 tweet that it is "unlikely to find its footing.

https://www.msn.com/en-us/money/markets/bitcoin-surpasses-47k-up-16-since-jim-cramer-said-unlikely-to-find-its-footing/ar-BB1i2oTS

Jim looking a bit gaunt on what appears to be his 80th birthday.

My immediate thought is to short cheesesteaks and SPAM.

In the comments, Daniel Oakley asks,

Quote

How [d]o you have such a large following with such a bad reputation?

To which Krypto Kangaroo responds,

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I follow Jim so I know when to buy/sell bitcoin.
When Jim says sell, I buy.
When Jim says buy, I sell.
Simple. And the only reason that I follow him.