Mad Money Host Thinks Bitcoin and Ethereum Are Good Long Term Bets

June 9, 2022

CNBC’s Mad Money host Jim Cramer sees cryptocurrencies as speculatives assets that shouldn’t be more than 5% of your portfolio. 

Cramer thinks cryptocurrencies are timeless and will see greater adoption over the long term.

Bitcoin and Ethereum are the most legitimate cryptocurrencies and they are in for the long term, according to the CNBC analyst.

Jim Cramer advised that one must never borrow money to buy cryptocurrencies. 

Investors have made fortunes from investing in cryptocurrencies and will continue to do even in the future, said Cramer.

The recent collapse in the crypto market has created more skeptics. 

Jim Cramer concluded that he would not discourage anyone from buying crypto.