Jim Cramer Says Bitcoin Made Him More Money Than Stocks and Gold

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Bitcoin has become a go-to investment for everyone who has come to embrace the digital world’s evolution and cryptocurrencies. While many still have strong reservations, many people have invested in Bitcoin and turned out to be millionaires and even billionaires. 

One of the benefactors, Jim Cramer, popularly known host of Mad Money on CNBC, has shared his experience of investing. Jim Cramer, like several investors, indulged in gold, stocks, and Bitcoin. He recently explained how he is grateful for investing in Bitcoin. In his words, Bitcoin has made him a ton of money. From evaluations of returns gotten from his investment in gold, Bitcoin, and stock, Bitcoin tops the others. 

He shared this in an interview where he talked about the benefits of his investment in bitcoin for him and his kids. 

There are records that show that he made an initial investment of $500,000 in Bitcoin. Over time, he watched his investment grow. With the recent surges in Bitcoin’s price and its rise to its all-time high, there is no doubt his income must have skyrocketed. However, there is no clear information about the exact amount he has garnered from his Bitcoin investment. 

Is Bitcoin the New Gold?

Cramer is one of the few investors to have openly declared how Bitcoin earns him more returns than gold. There are lots of investors ripping good returns from their early investments. 

Yet, we still have some early investors who invested huge sums in the top cryptocurrency but were faint-hearted in keeping up with the crypto market’s volatility. These large investors are sometimes referred to as the market whales. The sales patterns of some market whales cut their investment returns short. Many sold their coins at silly rates when the market experienced a low. A few regret their poor choices now, but investors like Cramer only smile at the returns from their investments. 

To sum it up, Bitcoin is a great investment. Even corporate firms have joined the bandwagon of investors, and the population of late boomers keeps increasing despite Bitcoin’s current growth phase. However, all potential investors need to know that it takes patience, resilience, and knowledge about the crypto market to profit from it.  


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