Jim Kramer: "Bitcoin can function as real money" – Bits Media

CNBC host of Mad Money Jim Kramer (Jim Cramer) reported, that I cashed out half of my bitcoins to fully pay off my mortgage, calling this cryptocurrency a profitable acquisition.

Previously, Kramer was skeptical about Bitcoin and all cryptocurrencies in general., Preferring to invest in gold. But over time, the TV presenter began to consider the first cryptocurrency as a means to protect against inflation and diversification of the investment portfolio. Kramer said, What Bitcoin bought, when it cost about $12 000, However, he did not name the exact number of coins purchased. Kramer decided to fix the profit, When Bitcoin exceeded $60 000.

"Many call Bitcoin" linden "money, But in my case, they performed the function of real money. I know, that people will be angry with me for selling bitcoin, but with his help I extinguished the mortgage. Now I have a house, And part of the crypto acts. Think, I won, Having made a profitable deal ", - said Kramer.

He told, What once, After an interview with the co -founder of Morgan Creek Digital Anthony Pliano (Anthony Pompliano), Kramer was inspired by cryptocurrencies and advised his technical director to invest $500 000 In Bitcoin. The host show even thought about that, To invest yourself 1% From its investment portfolio in this digital asset. In December, Kramer reported, that I bought bitcoins at the course about $17 000.

The TV presenter also commented on trading in Coinbase shares on the stock market, said, that open investment funds have no other way to work with cryptocurrencies. According to Kramer, investing in Coinbase, Investors not only get cryptocurrency, but they can also count on "honest management".

maybe, A television journalist decided to follow the recent recommendations of the technical director of Ripple David Schwartz (David Schwartz), who invited users to sell part of cryptocurrencies.