Jim Cramer is a personality known for his investment advice.
Jim Cramer left Goldman sachs in 1987 to open his own hedge fund under the name Cramer Levy Partners. Even though Jim Cramer has a lot of experience in the investment world, his opinions are sometimes not right on target or almost like the opposite theory.
Several incidents:
Quoted from Watcher Guru’s twitter on December 8, Coinbase’s share price fell to a level of $ 40.5 while Jim Crammer’s prediction that Coinbase’s share price would rise to a level of $ 475
Quoted from Twitter Watcher Guru Jim Cramer predicts the price of etherium will rise by up to 40% but currently the price of etherium will fall by more than 50% in December 2022
Quoted from Twitter Watcher Guru Jim Cramer considers FTX (the second largest exchange of its time) as the new version of JP Morgan. However, in November 2022 Sam Bankman-Fried was arrested for money laundering.
There are memes about Jim Cramer because his opinions sound like the opposite. There are many more events that are the opposite of what he said.
Some time ago BINANCE as the largest crypto exchange was hit by many accusations, one of which was money laundering. Because of these accusations, many investors made large withdrawals from the Binance exchange until there was pending in the withdrawal. Jim Cramer said he was “reassured” by BINANCE’s statement. An investment expert who yesterday gave negative statements about SOLANA, DOGE, XRP coins, today gave his opinion that he has hope for BINANCE.
Jim Cramer’s positive response seems to have come from the very transparent way BINANCE has responded to the problems they have been through so far.
Is this a positive sign or will it be the opposite theory?



