Jim Cramer: Coinbase stock is cheap, put 5% of your portfolio in crypto
Cointelegraph
Published Aug 26, 2021 09:14PM ET
Updated Aug 26, 2021 11:00PM ET
Jim Cramer, the host of CNBC’s “Mad Money” has recommended buying Coinbase (NASDAQ:COIN) stock, and suggested that 5% of investment portfolios should be allocated to cryptocurrency.
Cramer made the comments in the Lightning Round on Aug. 25 in response to a caller who asked whether buying Coinbase stock was a good way to get crypto exposure. The 66-year-old finance personality stated that while Coinbase’s listing went “very poorly” he views it as a big player in crypto:
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Written By: Cointelegraph
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