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Is buying cryptocurrency investing or gambling? Here’s how to tell the difference

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Dear Pete,

I’m one of the lucky ones. I invested very little money, and now own cryptocurrency worth more than $350,000. I’m 30 years old, I rent, and I don’t have much in savings or retirement investments other than my crypto. I’m really struggling as to what to do next. I don’t know whether to keep going, or to take the $350,000 and do something more practical with it. Am I foolish to just let it ride?

– Mason, Chicago

 

Peter Dunn
Special to USA TODAY

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