Jim Cramer urges investors to exit crypto – ‘it’s never too late to sell’

is very cynical as would readily admit it’s a Ponzi scheme, they’re just trying to buy into the top of the pyramid and get out before it collapses.

This is me, pretty much. I was smart enough to laugh at people like Michael Saylor and sell every coin I held in late 2021. I'm just in it for the money, as I'm sure 99% of holders are but will never admit due to cognitive dissonance.

That said, I do think there's an outside chance that something truly useful rises from the crypto space. Crypto will never be a medium of exchange or store of value (such a hilarious narrative), but there might be a use case for blockchain tech in a digital world overrun with scams and deepfakes.

/r/investing Thread Parent