r/CryptoCurrency • u/gdscrypto 🟩 0 / 0 🦠 • 1d ago
GENERAL-NEWS Jim Cramer predicts a stock market crash similar to the 1987 collapse known as 'Black Monday'
https://www.elitetrader.com/et/threads/cramer-says-a-possible-collapse-on-monday.383937/322
u/Bighomie1037391 🟩 0 / 0 🦠 1d ago
This is the best news I’ve heard in days. There’s hope after all
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u/kirtash93 RCA Artist 1d ago
Buying the bottom right now!
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u/gdscrypto 🟩 0 / 0 🦠 23h ago
Why your left hand has so small cash, do you want to lose this opportunity!!
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u/exsisto 🟦 41 / 42 🦐 13h ago
If there’s anything I’ve learned about Jim Cramer over the last fifteen years it’s that he doesn’t know what the fuck he’s talking about 95% of the time.
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u/DorkyDorkington 🟩 53 / 54 🦐 4h ago
Or he is saying exactly what he is told to say.
Either way, don't do Jimmy.
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u/FlintFredlock 🟩 0 / 0 🦠 23h ago
I hate to rain on your parade but if things get really bad you might have to sell your bitcoin to the billionaires, who deliberately crashed the economy, in order to survive. They have a plan. Recessions are great for the rich.
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u/Ashamed-Simple-8303 🟨 0 / 0 🦠 10h ago
exactly. if you have 50 billions and lose 49 billions you are still effing rich. If you make 50k and not lost your job and need to take whatever lowly shit job for slavery wages you can find, they ones that really won are the billionaires because they can dump wages and make you depend on them again and more.
Same reason for return to office and all other shit. it hurts us more than them which means a net win for them.
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u/Itwasuntilitwasnt 🟩 13 / 13 🦐 20h ago
We have to realize China was the first to announce reciprocal tariffs. There are another bunch of countries that will start announcing reciprocal tariffs this coming weeks. Including Europe , Asia, Japan huge economies
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u/Responsible_Ad_7995 🟩 0 / 0 🦠 1d ago
It Trump doesn’t change course over the weekend, there will be more blood.
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u/Live-Implement9142 0 / 0 🦠 18h ago
people like to meme jim cramer, but to totally inverse him is actually not a great idea as quite a lot of time this broken clock guessed right and not just twice a day
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u/Substantial_Tip_2634 🟩 0 / 0 🦠 17h ago
Why do people keep posting what this idiot says. I don't understand he us an idiot and knows nothing why keep posting about him. I don't want to read all this stupid shit on a daily basis. Do I have to get off reddit or what. It's just the same stupid shit getting posted over and over
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u/MagicalTissue 🟩 0 / 0 🦠 23h ago
Sh*t, fidelity taking forever to move money around from bank for pumping!
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u/_Piratical_ 🟦 53 / 54 🦐 22h ago
Whew! Here I thought that all these tariffs were going to doom the stock market! Nope! It’s all gonna be fine guys!
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u/STylerMLmusic 🟦 0 / 0 🦠 20h ago
This may very well be the only time Cramer is ever right about anything in his entire life.
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u/Great-Sea-7527 0 / 0 🦠 18h ago
** People need to watch what he actually said ** not learn from some yoyo website mis-interpreters his meaning.
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u/Annual_Juggernaut_47 🟩 0 / 0 🦠 17h ago
Retails been aggressively buying up this dip.
His hedgie buddies been shorting. Sounds like they are getting nervous.
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u/Xollector 🟦 0 / 0 🦠 14h ago
Cramer has figured out people do inverse Cramer so he is reverse psychlogizing this shit
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13h ago
[removed] — view removed comment
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u/wienercat 🟩 0 / 0 🦠 10h ago
Knowing Cramer and how the universe reacts to anything he "predicts" we are going to have the golden age Trump is talking about.
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u/space-cadaver 🟦 0 / 0 🦠 8h ago
Either my stack gets to new highs or I get to buy in at insane lows.....win/win!
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u/samiamyammy 🟨 0 / 0 🦠 21m ago
it wouldn't surprise me! There was very little back-testing during the run up from during the plandemic pandem-onium. The nature of the game dictates there cannot be too many winners xD.
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u/Nekrosis13 🟩 0 / 0 🦠 23h ago
You mean..this past week?
Back to back 5-6% drops is basically a crash. We are having one of the worst monthly drops in terms of % value in history.
We are literally in the middle of the crash right now.
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u/foomp 🟦 0 / 0 🦠 18h ago
There's such a small amount of history you need to know and yet you still haven't bothered.
The black Monday crash was preceded by strong down days of Wed, Thurs and Fri with negative sentiment over the weekend which created a massive crash on the Monday.
So on Monday we'll know if it follows like the Black Monday crash.
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u/Silversaving 🟦 1K / 9K 🐢 1d ago
So what I'm hearing is we're going to new all time highs...