CNBC host Jim Cramer advises investors to avoid memetic assets and altcoins after the Federal Reserve announces further rate hikes.
In the new Mad Money segment, Cramer To tell Investors should avoid meme tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB).
He also warns against Ethereum (ETH) scaling solutions such as Polygon (MATIC) and Optimism (OP) and smart contract blockchains such as Polkadot (DOT), Avalanche (AVAX) and Cosmos (ATOM). increase.
Additionally, Cramer warns against special purpose acquisition companies (SPACs), initial public offerings (IPOs), and numerous other digital assets.
Stay away from sold-out SPACs and ridiculous IPOs and get ready for Dogecoin, Polkadot, Dai, Polygon and Shiva. [Inu]Avalanche, Uniswap, Cosmos, Golem, Old Golem, Optimism, Kyber, Tribe, Request, Rari, My Neighbor Alice, League of Kingdoms…
There is no point in this stuff other than getting you out of your money.
According to a CNBC host, cryptocurrencies have failed to live up to expectations and seem to have once again shifted their stance on digital assets.
Until 2020, Cramer was skeptical of cryptocurrencies, but changed his mind in September of that year, saying the asset class was worth considering for inclusion in an investment portfolio.
I think its time for us to start questioning the fundamentals of cryptocurrency when cryptocurrencies explode like a dot-com bomb, we believe cryptocurrencies are something of value and something. and was told there would be a long time
I’m at least big enough to admit I was wrong about cryptography. Just because you were able to make money doesn’t mean it’s real.
Me
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