Kenne Michael 
Jim Cramer, a market commentator, has implicitly acknowledged his error regarding Bitcoin, stating that his premature prediction that investors should sell the cryptocurrency was premature.
During a segment of his CNBC Mad Money program on Nov. 22, Cramer advised a caller interested in buying shares in Bitcoin miner CleanSpark that Bitcoin enthusiasts should increase their exposure to the cryptocurrency.
“Look, if you like Bitcoin, buy Bitcoin. That has always been my view. And for a while, I liked it, and I decided that money had been made, but I was premature.”
Even though Cramer had previously made imperfect predictions regarding Bitcoin, he “made a lot of money” from his investment in the cryptocurrency, he continued.
Moreover, on Dec. 5, 2022, when Bitcoin was trading for $17,150, Cramer advised investors to sell all crypto holdings immediately, stating that it was “never too late to sell an awful position.”
Since then, the value of Bitcoin has increased by 118%, and it is presently trading at $37,390.
In the past few years, Cramers’ predictions and irregular love-hate relationship with crypto have gained widespread attention in investing communities as a meme.
Many have remarked on his uncanny ability to make incorrect calls at key moments.
However, a crypto trader asserted in August 2022 that he doubled the size of his portfolio by trading in the opposite direction of Cramer’s recommendation.
On Oct. 6, two months later, an investment fund filed for an “inverse Cramer ETF” – a financial instrument designed to provide trade outcomes “that are approximately the opposite of, before fees and expenses, the results of the investments recommended by television personality Jim Cramer.”
Finally happened: Cramer ETFs
Inverse Cramer ETF $SJIM
Long Cramer ETF $LJIM
Eff Dec 1920-25 equal-weighted stocks/ETFs based on Cramer's Twitter & TV recommendations and market views. Positions exited if Cramer has no view & once profit targets met.https://t.co/ZvA5G2zoTX pic.twitter.com/tY9yBMt15s
— ETF Hearsay by Henry Jim (@ETFhearsay) October 5, 2022