CNBC Mad Money host Jim Cramer plans to invest 1% of his net worth in Bitcoin because “gold is dangerous.”
Recently, Jim Cramer, the host of CNBC’s Mad Money, says he might invest 1% of his net worth in Bitcoin (BTC). The famed investor drew comparisons between BTC and gold and cited the importance of hedging against inflation.
During a podcast with Anthony Pompliano, Cramer said he would “take a shot at that with 1%.”
Since the lead up to Bitcoin’s 2017 bull run, CNBC, Bloomberg and institutional analysts have been extremely critical of the digital asset.