You’ve probably heard of the Inverse Cramer strategy. Jim Cramer is known for his bad calls, so people are joking that you would make a lot of money if you did the exact opposite of what he does. So let me present Inverse DataDash.
In late 2021, he called for an “extended bul market” that would end in the end of 2022 when BTC would peak at around 200k.
In the spring of 2022, he said that BTC and altcoins weren’t worth selling cause they had dropped in price so much. They dropped more than 50% afterwards. Around the same time he shilled some random small-cap altcoins that…dropped like 80-90% in the following months.
He changed his mind from super bullish to super bearish near the bottom, and sold BTC around 24k, and stayed bearish ever since, not even buying a little bit and missing the entire move up. He called to a capitulation and a long, extended bear market.
Recently his strategy was “chase the winners” a.k.a. the coins that pumped already. He said that Arbitrum was lagging behind, so it wasn’t worth buying (it was around $1.2 then, and now it’s at 1.9). Meanwhile the “winners” were already overbought at that point.
The lesson is not to be too deterministic and not change your mind at the worst points possible. Maybe you know more bad youtubers that are worth inversing.
submitted by /u/CalmProfit
[link] [comments]