Over the weekend, bitcoin topped $34,000 and this after hitting $30,000 for the first time.
As the cryptocurrency sells off Monday, Jim Cramer said he plans to hold onto the bitcoin he has after taking out his cost-basis.
“I bought it more as an asset than a trade,” Cramer said. “I’m not doing anything I wouldn’t do with a stock.”
Cramer added that he would look to buy more bitcoin if ever returns to his entry point of around $14,000.