Seems like Jim Cramer is the new go-to guy for predicting crypto moves. Tom Lee kinda dropped off the map after 2018, maybe he got spooked or something haha.
Countertrading Cramer: A New Trend?
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Right? I’m thinking we could actually analyze how often Cramer’s right. Like, some boolean model? It feels like doing the opposite of what he says might be the way to go.
alex_ledgerSenior Member
Posts: 28 · Reputation: 958
#3Mar 17, 2025, 06:53 AM
He’s totally become a meme for countertrading. As more folks jump on that train, his tips could just become unreliable.
Social media has turned random dudes into experts overnight. But real pros in technical analysis never claim to have foolproof predictions; they just tell you to stay sharp.
Makes sense. Bull markets help fund managers shine and everyone in the game makes money. But yeah, I feel like there’s a lot of cherry-picking on Twitter.
For sure! Whenever Cramer shares stock tips, it’s usually way late in the game. He buys high and sells low, like, what’s up with that?
alex_ledgerSenior Member
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#7Mar 19, 2025, 08:35 PM
I doubt he even acts on his predictions. He’s just out there for the entertainment factor, pretending to educate.
True but I’ve seen tons of people follow his advice and get wrecked. Remember 2008? He was telling everyone to buy Lehman Brothers right before it tanked.
Shouldn’t the profits made by countertrading him speak volumes? But yeah, having solid data would help. A tracker for these influencers would be cool.
No one’s perfect at predicting, not even him. Even seasoned pros get it wrong sometimes. Newbies often just don’t have the experience yet.
kevin_atlasFull Member
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#11Mar 21, 2025, 06:18 AM
He definitely reflects popular sentiment among traders, but I’d argue that he’s not reliable at all. Going against him is a strategy, but not a guaranteed one.
Honestly, you have no idea how bad his predictions are. After running a hedge fund, you'd think he’d know better. Random coin flips could do better.
stake_2017Newbie
Posts: 182 · Reputation: 12
#13Mar 21, 2025, 04:07 PM
Cramer's timing is typically awful. I think the best contrarian indicator for Bitcoin is actually Samson Mow. When he’s bullish, it’s sell time.
Honestly, why complicate things? Just chart his predictions and see how they pan out over time. I saw one of his tweets that was spot on.
Seems like he just tweeted about selling crypto and NFTs before they ruin lives. Bitcoin dipped hard right after, surprise surprise.
Yeah, and that’s when traders get influenced by the hype and follow Algod’s signals. Lots of experts have made bad calls, Cramer’s no different.
I see Cramer as a newbie like me his calls often flop, yet they reach so many people. It’s funny how many follow him blindly.
Thanks, Cramer, for being a walking counterindicator haha! It’s amazing how often he misses the mark.
Brings back memories of 2017 when every newbie thought they were a pro just because of some lucky altcoin picks. They didn’t see the crash coming.
maxi_matrixNewbie
Posts: 160 · Reputation: 11
#20Mar 22, 2025, 01:46 PM
On a side note, Algod seems to avoid traditional charting, which confuses a lot of users. They hold onto gains and then panic when the market turns.