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Inverse Cramer: CNBC Stock Pundit Jim Cramer Sells Bitcoin, BTC Holders Cheer
['Jd Alois']
Crowdfund Insider
Yesterday, on August 3rd, CNBC host Jim Cramer declared he would sell all his Bitcoin (BTC) holdings due to fears about Quantum computing.
What is interesting about this is that some investors took to social media lauding Cramer’s decision as a bullish indicator due to the theory of Inverse Cramer – buy what he sells and sell what he buys.
On the March 11, 2008 episode of Cramer’s Mad Money show, Cramer told a caller that Bear was fine and not to sell.
The entire crypto community right now https://t.co/K8UYjio2Yd pic.twitter.com/RM5WUlOnNZ — Geiger Capital (@Geiger_Capital) August 3, 2026In 2012, Cramer advised his watchers to sell Netflix.
While diminishing the credibility of the Mad Money show, the Inverse Cramer trade has become a meme, and at one point, Tuttle Capital Management launched an Inverse Cramer Tracker ETF.