This reputation is not without foundation. Cramer’s prediction history is marked by notable flip flops and high profile misses.
In December 2017, right as bitcoin was climbing toward its first run at $20,000, he called it “monopoly money” and said buying it was pure gambling and not investing. In September 2020, he supposedly bought the cryptocurrency around $10,000 after a podcast conversation with investor Anthony Pompliano, and later added more that year.
The reversals kept coming. In June 2021, he sold most of his bitcoin holdings, citing China’s crackdown on crypto mining. Prices went on to hit lifetime highs near $70,000 by November 2021.
In January 2024, he warned of a “nasty” bitcoin selloff following the debut of spot bitcoin ETFs in the U.S. While prices did drop slightly to $40,000, the decline was anything but nasty and by March, prices had rallied to $70,000.
Cramer changed his view in January 2025, calling bitcoin…
