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CNBC star Jim Cramer announces Ethereum investment

Şükriye Akdeniz

Aug 27, 2021

Jim Cramer talked about Ethereum and said he has Ethereum in his portfolio

On Mad Money, the CNBC host made statements about the largest altcoin, Ethereum. Jim Cramer, a former hedge fund manager, also reported that he has Ethereum in his personal portfolio in addition to his views.
According to Cramer, investors should invest about 5% of their investment portfolio in crypto assets. Talking about Ethereum two months after he announced that he had sold all the Bitcoin assets in his portfolio, Jim Cramer made the following statements about ETH:
“I own Ethereum directly. I think you should own up to 5% of your portfolio in crypto. I believe in crypto.”
According to Jim Cramer, Ethereum is a reliable cryptocurrency and people can use ETH to buy things like NFT.
Apart from Ethereum, Cramer also talked about cryptocurrency exchanges. He shared his views on Coinbase's stock.
“I think Coinbase is cheap. I'm not very interested in management because when they started it took out a lot of stock. I was against this sale. They should have been buyers, not sellers. I think the list went very, very badly. I think the company is the natural repository of crypto.”

Attention to Investors!

The information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is provided by authorized institutions with the individual's risk and profit preferences taking into account. The comments and recommendations on the other hand here are general. These recommendations may not be suitable for your financial situation and risk and profit preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results in line with your expectations.

PiSoCrypto Team

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