Over the past few months, Cramer has continued to tout his success with various cryptocurrencies. In April, Cramer said he had successfully paid off the mortgage on his house with his cryptocurrency profits.
“It was like some kind of fake money paying 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!
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Cramer sold his Bitcoin stock when he was near his peak profit after investing when you could buy a coin for $ 12,000. Although he never disclosed how much he invested in the popular cryptocurrency, Cramer reportedly said he invested up to $ 500,000 in it. At its peak, Bitcoin was selling for $ 64,829.
Obviously, Cramer profited from the crypto market. He continues to defend it as part of his portfolio.
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