CNBC's Jim Cramer on Thursday reflected on bitcoin 's rapid ascent — and while he praised the currency's value, he said it's unwise not to also include stocks in a portfolio.
"While we could become the bitcoin network, especially since President-elect [Donald] Trump christened us as the bitcoin nation, I actually think there's more to investing than just owning cryptocurrencies," he said.
Cramer listed several stocks that, like bitcoin, have had huge gains on the market this year, including Palantir , Tesla , Costco and Nvidia .
"I say own them both — stocks and crypto," Cramer said.
"That way, if Trump ever gets around to saying you have to buy Tesla, well, you got the edge on him."
Persons:
CNBC's Jim Cramer, Donald, Trump, Cramer, he's, bitcoin, Paul Atkins, Atkins, Gary Gensler
Organizations:
Securities and Exchange Commission, SEC, Costco, Nvidia, Trump
Locations:
Nashville, U.S, USA