CNBC host Jim Cramer believes that people shouldn’t be discouraged from investing in cryptocurrencies as long as they realize the risks associated with them
reported by U.Today
, Cramer has repeatedly criticized meme cryptocurrency Dogecoin. In January, he suggested that the Bitcoin parody could be an unregistered security. Cramer is convinced that cryptocurrencies could reach widespread adoption in the future. The famed stock picker continues to hold Ether after buying it because of his interest in no-fungible tokens.
Despite cryptocurrencies going mainstream in 2021, Cramer still believes that new fortunes could be made in cryptocurrencies. Bitcoin and Ether are down 56.22% and 63.20%, respectively, from their record highs that were logged in early November.
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