Crypto trader doubles his portfolio in a month by betting against Jim Cramer
Cramer is known for giving his investment expertise as the host of CNBC's "Mad Money," but has developed a reputation in the crypto community for missing the mark.
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Famous crypto trader on Twitter AIgod brought a smile to the community after announcing that he had doubled his 'Inverse Cramer' portfolio in just one month by 'simply' trading in reverse against CNBC's Mad Money host , Jim Cramer.
In his last tweet on August 22, the trader, who became famous on Twitter for anticipating the fall of the Terra Luna collapse earlier this year, said he had just switched to a long position on his account reversed Jim Cramer after a bearish tweet from Cramer about the state of the Nasdaq.
Was a bit late but returned long on Cramer account, Jim bearish on Nasdaq is a good indicator for crypto
Trade decentralized derivatives here: https://t.co/z7XBNybcRr (if using leverage, do so responsibly) https://t.co/yr1iDSzROf pic.twitter.com /u9QdlbIFcb
— Algod (@AlgodTrading) August 23, 2022Earlier in the day, Algod announced that Cramer's reverse account had "officially doubled" for the first time, reaching a net worth of $101,440.71, from a starting amount of $51,470.56. $ on July 19 when he used 35 ETH as collateral.
According to his latest Tweet, AIgod's reverse account has a net worth of $97,007.62, representing an impressive return of 88.47% on his initial investment.
Jim Cramer is a former hedge fund manager who hosts CNBC's Mad Money. He is well known in the world of finance, but some in the crypto community think it might be wiser to bet against his cryptos and stock picks.
The "Inverse Cramer" became something of a meme after a movement started on Reddit and Twitter pushing a simple idea. If Cramer says to sell a stock, buy. If he recommends buying a stock, sell it.
There is also an Inverse Cramer ETF Twitter account with over 84,900 followers, which...
Cramer is known for giving his investment expertise as the host of CNBC's "Mad Money," but has developed a reputation in the crypto community for missing the mark.
New
Famous crypto trader on Twitter AIgod brought a smile to the community after announcing that he had doubled his 'Inverse Cramer' portfolio in just one month by 'simply' trading in reverse against CNBC's Mad Money host , Jim Cramer.
In his last tweet on August 22, the trader, who became famous on Twitter for anticipating the fall of the Terra Luna collapse earlier this year, said he had just switched to a long position on his account reversed Jim Cramer after a bearish tweet from Cramer about the state of the Nasdaq.
Was a bit late but returned long on Cramer account, Jim bearish on Nasdaq is a good indicator for crypto
Trade decentralized derivatives here: https://t.co/z7XBNybcRr (if using leverage, do so responsibly) https://t.co/yr1iDSzROf pic.twitter.com /u9QdlbIFcb
— Algod (@AlgodTrading) August 23, 2022Earlier in the day, Algod announced that Cramer's reverse account had "officially doubled" for the first time, reaching a net worth of $101,440.71, from a starting amount of $51,470.56. $ on July 19 when he used 35 ETH as collateral.
According to his latest Tweet, AIgod's reverse account has a net worth of $97,007.62, representing an impressive return of 88.47% on his initial investment.
Jim Cramer is a former hedge fund manager who hosts CNBC's Mad Money. He is well known in the world of finance, but some in the crypto community think it might be wiser to bet against his cryptos and stock picks.
The "Inverse Cramer" became something of a meme after a movement started on Reddit and Twitter pushing a simple idea. If Cramer says to sell a stock, buy. If he recommends buying a stock, sell it.
There is also an Inverse Cramer ETF Twitter account with over 84,900 followers, which...
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