Jim Cramer: Get Out of Crypto and Scale-Out of Chinese Stocks By CoinEdition
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© Reuters. Jim Cramer: Get Out of Crypto and Scale-Out of Chinese Stocks- Jim Cramer advised investors to get out of crypto.
- The CNBC host also warned about Chinese stocks.
- Cramer believes that investments in traditional stocks and mutual funds will yield better returns.
On Monday, Jim Cramer from CNBC said that investors have a good chance to get out of crypto and scale out of Chinese stocks as neither can be trusted.
Good chance AGAIN to get out of crypto and scale out of Chinese stocks as neither can be trusted
— Jim Cramer (@jimcramer) January 9, 2023
In the near past, Cramer has argued that while both markets have seen significant returns over the last few years, they’re far too speculative and have too many unknowns to trust. He noted that the Chinese government heavily influences the Chinese stock market and that the cryptocurrency market is subject to significant price fluctuations due to its volatility.
According to CNBC, China has been conducting a months-long regulatory crackdown aimed broadly at its tech giants, and it has introduced l …
The post Jim Cramer: Get Out of Crypto and Scale-Out of Chinese Stocks appeared first on Coin Edition.
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© Reuters. Jim Cramer: Get Out of Crypto and Scale-Out of Chinese Stocks- Jim Cramer advised investors to get out of crypto.
- The CNBC host also warned about Chinese stocks.
- Cramer believes that investments in traditional stocks and mutual funds will yield better returns.
On Monday, Jim Cramer from CNBC said that investors have a good chance to get out of crypto and scale out of Chinese stocks as neither can be trusted.
Good chance AGAIN to get out of crypto and scale out of Chinese stocks as neither can be trusted
— Jim Cramer (@jimcramer) January 9, 2023
In the near past, Cramer has argued that while both markets have seen significant returns over the last few years, they’re far too speculative and have too many unknowns to trust. He noted that the Chinese government heavily influences the Chinese stock market and that the cryptocurrency market is subject to significant price fluctuations due to its volatility.
According to CNBC, China has been conducting a months-long regulatory crackdown aimed broadly at its tech giants, and it has introduced l …
The post Jim Cramer: Get Out of Crypto and Scale-Out of Chinese Stocks appeared first on Coin Edition.
See original on CoinEdition
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