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CRAMER FEELS THE HEAT FOR HIS
BITCOIN
RECOMMENDATION MARKING THE LOCAL TOP.
Says he owns Bitcoin because the government cannot solve the national debt crisis.
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While I don't think it offers the highest reward for obvious reasons, every time I hear someone in real life (99% of the time a total newbie that won't ever spend much time in here) ask me what to buy? I always answer to go with Bitcoin, Ethereum, BNB and yes maybe even XRP. Is this my way? No I could recommend them a whole list of other low caps I personally believe in. BUT 1) They probably won't even know how to find and purchase them (on-chain wut?) and 2) They might go up for 2-3 months and then go down to absolute zero. The key theme here is FOLLOW-UP and yes even experience. Low caps might offer higher rewards but usually you are best off to exit them at a good point in time. They are not set and forget. The large established ones are the only ones you can just invest and go on with your regular life for years. Will their $1000-2000 investment offer them riches with those picks? No but crypto was never suppose to be like that. It ain't easy and it certainly isn't the holy grail to unimaginable riches (especially if you just set and forget). But will it offer them a better alternative than just sitting on the bank? Yes, absolutely. They want to take it seriously and spend multiple hours on it every day or week? Know they shouldn't need to complain about not making money for at least the first 2-4 years? Know they should start small because their first deposit will likely turn to 0? Then we'll talk further. But otherwise: Stick to Bitcoin, Ethereum, $XRP , $BNB , $SOL and go on with your day.
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Crypto bull runs work like this. PART 1: Bitcoin pumps so hard you mistake it for a shitcoin. [IN PROGRESS] PART 2: ETH starts pumping alongside it and reaches ATHs faster than you imagine. [IN PROGRESS] PART 3: Capital rotates into high-cap cryptos (top 20ish), and they start pumping hard! [COMING SOON] PART 4: Now, this is where the fun starts. This is when capital rotates into low-cap shitcoins and they start printing ridiculous returns. That is the anatomy of a bull run. We are barely at the start of PART 2. This gets so much crazier.
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Bull run doesn't mean aping it to anything and everything. Do your research Stick to your conviction plays Don't fumble this!
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Back in 2019, when I first got into crypto, if you told me that we'd have: • A pro-crypto U.S. president • A strategic BTC reserve • U.S. states adopting crypto-friendly laws • $BTC ETF (the most successful ETF of all time) • $ETH ETF • Major banks offering crypto custody • $250b+ in stablecoins • $22b in RWAs There is NO WAY I'd believe you. Yet here we are. This industry has come much further than any of us could've imagined.
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One of the most underrated skills on the planet: Believing in your own ideas FAST. Dumb people: They overthink, analyze, ask for 15 opinions, and then do absolutely nothing. Smart people: They get an idea, they get excited, and they try it. No thinking. No waiting. Just action. That’s the difference. While most are still “thinking about it,” The smart ones are already lapping them.
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