jiayu404Dec 29, 2021 · 3 years ago2 answers Is it possible for Cathy to convert her IRA savings account into a cryptocurrency investment?
Cathy is interested in investing in cryptocurrencies and wonders if she can convert her IRA savings account into a cryptocurrency investment. She wants to know if it is possible to use her retirement savings to invest in digital assets like Bitcoin, Ethereum, or other cryptocurrencies. Can she transfer the funds from her IRA account to a cryptocurrency exchange and start investing? What are the potential risks and benefits of such a conversion? Is it a viable option for someone looking to diversify their investment portfolio with cryptocurrencies?