Why Jim Cramer Says You Should Sell Your Crypto – Motley Fool

Why Jim Cramer Says You Should Sell Your Crypto – Motley Fool

Jim Cramer is not one of those financial experts who consistently warns against buying cryptocurrency. The Mad Money host and former hedge fund manager told fans this year that he owns both Bitcoin (BTC) and Ethereum (ETH).

However, the popular TV personality has recently urged crypto investors to take profits. The reason? He believes that the whole crypto industry could be hit by the Evergrande fallout in China.

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What does Evergrande have to do with crypto?

Evergrande is a massive Chinese property developer which has expanded into everything from food production to sports teams. Unfortunately, it owes $300 billion, and there’s a real fear it could default
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