- Nov 18, 2005
People invest in cryptos by money from stocks or mutual funds, credit card debt or taken out home equity loans on their house. Talk about playing with fire.
Well the first examples are not like the rest of the examples... investing in cryptos by transferring money from stocks or other investments... is called investing. Doesn't matter the asset. Now taking on debt to get into crypto - that's a terrible idea. One I've done. Never doing again, even though it worked out for me in the end. I'm only investing profits at this point and don't much intend to transfer much cash into my crypto portfolio at this point.