Retail Traders Are Late to the Occasion, However the Finest Traders By no means Left
TV persona and skilled puppeteer Jim Cramer is again at it — flip-flopping on Bitcoin as soon as once more. After years of calling it a rip-off, dismissing it as nugatory, and even suggesting folks promote it earlier than it crashed, he’s now telling retail traders to personal Bitcoin. However right here’s the issue:
He didn’t say some Bitcoin. He didn’t counsel shopping for a fraction. He merely mentioned, personal it.
And that’s precisely how retail traders get burned — listening to mainstream voices like Cramer lengthy after the most effective traders have already positioned themselves. Principally, Cramer needs you shopping for BTC throughout Alt-season. If ever there was a cue to be bullish on Alts, it’s when this man rolls up his sleeves and does some song-and-dance in your face.
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