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CNBC host Jim Cramer warns people to stay away from cryptocurrencies, especially Solana (SOL) and Litecoin (LTC).
In a new CNBC interview, Kramer said To tell In the aftermath of FTX’s demise, he sold all his digital asset investments and will never enter the field again.
After a million years, I won’t touch cryptocurrencies because I don’t trust deposit banks. They fought regulation. They didn’t want regulation and you don’t.
So if you have money on any of those, look, I’m not calling you an idiot, I’m saying you’re using a lot of superstition. I like to deposit money. And then check if there is a balance on Monday. it’s there. feel well.
Cramer said he questioned whether anyone’s investment was safe and had trouble cashing out the money from the company, which he would not name.
“Try out the money. I won’t mention the company I had the money with, but it was a fight to get the money out. A fight.
He has specifically attacked Ethereum (ETH) rival Solana and peer-to-peer payment network Litecoin.
And everyone who owns these different coins, Solana, Litecoin, thinks you’re an idiot. Well, I didn’t go to college to be an idiot. These people who own things shouldn’t own them, they shouldn’t own them.”
Kramer also calls some blockchain projects money creation with cretin.
“I don’t think cretin should be making money and sucking people in. These are worse than the worst Nasdaq stocks.”
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