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CNBC host Jim Cramer says that he’s a big believer in leading digital assets Bitcoin (BTC) and Ethereum (ETH), but warns that investors shouldn’t take risks to purchase them.
According to a recent report by CNBC Make It, even though Cramer is a believer in BTC and ETH, he says that virtual assets are highly speculative and should make up no more than 5% of a trader’s portfolio. He furthermore warns against borrowing money to purchase the top crypto assets.

“I think crypto should be part of a person’s diversified portfolio. I can’t tell you not to own crypto; I own crypto, I own Ethereum.” 
According to Cramer, Bitcoin and Ethereum “are the most legitimate” cryptocurrencies on the market, but warns investors they are still highly speculative assets that could still lose value.
 “It’s okay to own something speculative. [But] you must admit that it’s speculative so you don’t put it in the Procter and Gamble class. It’s not Coca Cola, it’s not Apple, but I suggest and accept speculation.” 
Cramer goes on to warn investors that they should never borrow money to purchase crypto assets as they tend to display a high degree of price volatility.
“I would be careful not to borrow money as many people do to own [BTC and ETH] because these are speculative… borrow for your house, borrow for your car, but don’t borrow for crypto. But I would never discourage you from buying crypto because of all the fortunes that have been made in it.”
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.



Featured Image: Shutterstock/Ana Aguirre 
The post CNBC’s Jim Cramer Says He’s a Believer in Bitcoin and Ethereum, Warns Against Risky Investment Strategy appeared first on The Daily Hodl.


CNBC host Jim Cramer says that he’s a big believer in leading digital assets Bitcoin (BTC) and Ethereum (ETH), but warns that investors shouldn’t take risks to purchase them. According to a recent report by CNBC Make It, even though Cramer is a believer in BTC and ETH, he says that virtual assets...

dailyhodl.com

CNBC’s Jim Cramer Says He’s a Believer in Bitcoin and Ethereum, Warns Against Risky Investment Strategy

18% of respondents in a new survey said that learning more about the benefits of investing in cryptocurrency was the most effective approach to transition from skeptic to believer. 

cointelegraph.com

New survey sheds light on people's concerns about investing in crypto

Has Madonna become a firm believer in the blockchain technology?
The pop culture icon’s interest in nonfungible tokens surprised her followers in March, when she purchased an NFT of a tattooed ape from the Bored Ape Yacht Club for 180 ETH, a digital currency worth $560,000 at the time.
On Monday, the pop diva and the digital artist Beeple unveiled a three-video NFT collaboration depicting three unique aspects of life inspired by parenting.
Suggested Reading | Crypto Pyramid Scam: DOJ Charges Mining Capital Coin CEO In $62M Fraud Scheme

The clips show a naked, CGI Madonna giving birth. "Mother of Creation" is the name of the project. (WMagazine)
Madonna: ‘Mother Of Nature’
These videos depict a naked, CGI Madonna giving birth. The project is called “Mother of Creation.”
According to the project’s website, each piece reflects “a different type of birth in our current world.”
A video titled “Mother of Nature” depicts Madonna’s avatar resting on a laboratory bed with her legs spread as a tree sprouts out of her.
Madonna delivers a new poem composed for the project as leaves and flowers bloom. “My journey through life as a woman is analogous to that of a tree… beginning as a little seed and always pushing against the resistance of the earth.”

Crypto total market cap at $1.48 trillion on the daily chart | Source: TradingView.com
The “Mother of Evolution” depicts butterflies emerging from her body, suggesting a “sign of hope.”
This time, the avatar is put in a post-apocalyptic setting while Madonna’s symbol reads the lyrics of “Justify My Love” in the background.
The final video, “Mother of Technology,” depicts centipede robots crawling out of the singer while she lies in a jungle, “illustrating how science may also give birth to light into the world, but only if employed with the proper consciousness.”
NFT Project For Charity
Winkelmann, who is famed for selling an NFT for $69 million at Christie’s in 2021, stated, “This is such an unbelievable, insane honor…. ” I rarely collaborate with others. This will likely be the last one I do for a very long time.”
SuperRare will auction off Madonna and Beeple’s NFTs for charity from Wednesday to Friday.
The NFTs are unique blockchain tokens that verify ownership of an asset, in this example a video, according to Madonna.

Madonna's over 30-year musical and artistic career has never been devoid of eroticism. (CryptoPotato)
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Madonna noted in a phone interview with the New York Times that her initial reluctance to accept digital treasures prompted her to investigate what she viewed as the presence of spirituality and community in the NFT environment.
The sexiness has never left Madonna’s more than 30-year musical and artistic career.
However, the pop star told the Times that the provocative tone of her NFTs is not merely a flight of fancy:
“I never wish to be provocative for the sake of provocation. They represent hope. They represent technology.”
Featured image The New York Times, chart from TradingView.com


Has Madonna become a firm believer in the blockchain technology? The pop culture icon&#8217;s interest in nonfungible tokens surprised her followers in March, when she purchased an NFT of a tattooed ape from the Bored Ape Yacht Club for 180 ETH, a digital currency worth $560,000 at the time. On M...

bitcoinist.com

Madonna Gives Birth To Flora And Fauna In 1st Beeple NFT Project (That’s NSFW)

Reggie Fils-Aimé, the former president of Nintendo of America, has offered his take on blockchain and play to earn models when applied to the gaming industry. The executive declared that he was a big believer in blockchain technology, and that players investing their time in games should be able to monetize whatever items they had gained.
Former Nintendo President Believes Blockchain Elements Can Be Used in Gaming
While the opinion of blockchain and play-to-earn technologies is still negative among traditional gamers, some veterans of the gaming industry seem to be taking these elements in a more serious way. This is the case of Reggie Fils-Aimé, an executive that was President of Nintendo of America from 2006 to 2019 when he announced his retirement.
Fils-Aimé was very clear about his opinion on the role that these new technologies could play in gaming, and in a recent panel at SXSW, he stated:
I’m a believer in blockchain. I think blockchain as a technology is really compelling. I’m also a believer in the concept of ‘play to own’ within video games.
To exemplify this case, the former Nintendo executive stated that players who invest their time in games should be able to monetize their activities in some way. He declared:
There are some games where I’ve invested 300 hours… when I’m ready to move on to something else, wouldn’t it be great to monetize what I built?
Fils-Aimé concluded by saying that many would be interested in purchasing his island in the Animal Crossing game, introducing a possible application of the NFT technology to a current Nintendo franchise.

Nintendo, the Gaming Industry, and Blockchain
Nintendo, one of the pioneer companies in the gaming industry, has been slow when it comes to innovating by including these elements in their games. However, this does not mean they don’t understand what these technologies can achieve in the future.
In fact, Nintendo made reference to the subject in a recent Q&A session where it stated that while the company believes that the metaverse had great potential, it was difficult for it to devise “what kind of surprise and fun” these elements might bring to players.
Other companies have already entered the world of blockchain technology, either by including them as an important part of their investing and business strategy (like Ubisoft and Square Enix) or by already launching exclusive NFT drops featuring characters of their franchises like Konami did with Castlevania.
What do you think about the opinion of the former president of Nintendo about blockchain and play to earn? Tell us in the comments section below.



























Reggie Fils-Aim&#xE9;, the former president of Nintendo of America, has offered his take on blockchain and play to earn models when applied to the gaming industry. The executive declared that he was a big believer in blockchain technology, and that players investing their time in games should be ...

BELIEVER price	$0.025583
Low - High 24H	N/A - N/A
Market cap	$447,706.00
Volume 24H	$29.00
All time high	$5.12 -99.50% November 30th 2020
All time low	$0.000218 11655.85% October 1st 2020
Genesis date	N/A

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