Host of Madmoney urging cryptohodlers to sell their Cryptos 😱🤔

CharorowtzXD

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According to FXS (fxstreet.com), last December 05, 2022 Mr. Jim Cramer, an American TV Personality and a host of Mad Money on CNBC, urged crypto investors to start selling off their crypto holdings before the upcoming collapse this coming 2023 believing that these top cryptocurrencies like Ripple (XRP), Cardano (ADA), Polygon (MATIC) and Dogecoin (DOGE) could collapse to $0 soon.

Mr. Cramer advised investors to sell their crypto holdings while there is time to exit the market because he believes that markets could plunge in 2023 and digital assets could plummet to $0. His take is that speculative assets could decline as the US Federal Reserve continues tightening its monetary policy.

Tightening of monetary policy is implemented when the central bank is fighting rising inflation. When monetary policy is tightened, interest rates are increased by the central bank and money supply is reduced. Investors pull out of risk assets like Bitcoin and altcoins in response to the Fed’s measures according to FXS.

Mr. Cramer also criticized Tether (USDT), a stablecoin with a market capitalization of 65.57 billion. The millionaire TV personality said,

Tether, a so-called stablecoin that’s supposed to be kinda-sorta pegged to the dollar, still has a $65 billion market cap. There’s still a whole industry of crypto boosters trying desperately to keep all of these things up in the air. Not too different from what happened with bad stocks during the dot-com collapse.

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Wow this Cramer is a mad man hahahaha! He obviously dont support Crypto and is a big hater of it. He dont believe in the power of crypto. For me, what I feel is despite the continuous rising of inflation, crypto will never get affected totally. It will never collapse. It will continue soaring as long as there are people who continuous to supply, use, invest and hold these coins. Crypto already gone through a lot these entire years of their existence. 😊
But then again, no one knows what the future holds and o one can really tell what tomorrow might happen so,,,,,,,
Goodluck hahahaha!
Go on sell to those who feel like quitting now, goodluck to all who will and will continue holding on to crypto and believe. 😊

Happy new year Advance 😁😁🥳🥳🥳
 
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