In the past few months, Cramer has continued to tout his success with various cryptocurrencies. In April, Cramer said that he managed to pay off the mortgage on his house with his cryptocurrency profits.
“It was like, kind of, phony money paying for real money,” he said, according to Fortune. “I now own a house—lock, stock, and barrel—because I bought this currency. I think I won!”
Cramer sold his Bitcoin stock when it was close to its peak profit after investing when you could buy one coin for $12,000. While he never disclosed just how much he invested in the popular cryptocurrency, Cramer has reportedly said that he invested as much as $500,000 into it. At its high, Bitcoin was selling for $64,829.
Clearly, Cramer has benefited from the crypto market. He continues to advocate for it as part of his portfolio.
View more information: https://marketrealist.com/p/jim-cramer-farm/