Jim Cramer: Prefers Gold Over Bitcoin for Portfolio Hedging
Source：
beincrypto.com
According to BeInCrypto, CNBC host Jim Cramer responded to an investor's question on Mad Money, stating that compared to Bitcoin (BTC), he prefers to hedge his portfolio with physical gold bars; if holding physical gold is not feasible, he recommended gold ETFs such as SPDR Gold Shares (GLD). Cramer advised allocating new funds equally among index funds and five self-selected individual stocks, then using gold or Bitcoin to "hedge" the portfolio. He did not deny Bitcoin's hedging function, merely citing a personal preference.
Cramer also cautioned investors not to be tempted by low prices to buy junk stocks or low-quality tokens, describing Bitcoin and Ethereum (ETH) as more proven cryptocurrencies.
