Jim Cramer: Stay Away from Cryptocurrencies
CNBC anchor Jim Cramer is warning people to stay away from cryptocurrencies, especially Solana (SOL) $Emeren Group(SOL.US$ and Litecoin (LTC) $LTC Properties Inc(LTC.US$ .
In a new interview with CNBC, Cramer says he has sold all of his investments in digital assets and will not re-enter the space.
I wouldn't touch cryptocurrencies in a million years. Because I don't trust the depository banks. They [depository banks] struggle with regulation. They don't want regulation, and you don't have regulation.
So if you put your money in any of them, look, I'm not saying you're an idiot, I'm just saying you have a lot of blind faith. I like to keep my money at JPMorgan Chase ......
So if you put your money in any of them, look, I'm not saying you're an idiot, I'm just saying you have a lot of blind faith. I like to keep my money at JPMorgan Chase ......
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