Neil Jacobs: Don't listen to people who advise you to sell bitcoin
A crypto-enthusiast blogger reported that since the host of MadMoney on CNBC called for a sale of bitcoins a few days ago, the first currency has risen in price by 9%.
Neil Jacobs responds to Jim Cramer's skepticism (Jim Cramer) regarding BTH and urged not to listen to the TV star:
“Bitcoin is up 9% since Jim Cramer said, “I want to sell my bitcoins.” Don't listen to Kramer. That was four days ago."
The CNBC host was not indebted. Cramer acknowledged that the price of bitcoin had risen but added that one had to be careful. The former managing director of the bankrupt FTX stock exchange, Sam Bankman-Fried, is still manipulating the market, according to the TV star. Cramer advises not to think that the price of bitcoin happens without external influence. He was once a supporter of BTC, but since then his position has changed:
“No, bitcoin is a strange animal. To put it bluntly, I think he is being manipulated. I would sell my bitcoins in the middle of this rally.”
Within a week, the cryptocurrency rate began to rise against the backdrop of the collapse of US banks.
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