How to Invest in Cryptocurrency

Cryptocurrency's popularity has reached mainstream investors, but a  recent swoon in these coins' value has many questioning whether crypto  is more of a risk or an opportunity for them.

While there are differing opinions about the future prospects for Bitcoin (BTC) and other cryptocurrencies, crypto assets have catapulted in popularity and are gaining widespread demand from investors globally.

But there is a crack in crypto's bullish streak. Bitcoin's price dropped nearly 50% between late December 2021  and a mid-May low, and as of June 2 was still hovering around $30,000, a  far cry from the all-time high near $70,000.

What Is Cryptocurrency?

Cryptocurrency is digital currency secured by cryptography, or secure communications,  that can be used as a peer-to-peer medium of exchange, store of value or  investment vehicle.

Basics of Investing in Cryptocurrency

There are thousands of cryptocurrencies on the market that have  different fundamental values. Investors should recognize that a  cryptocurrency can be here one day and gone the next, which could leave  your investment worthless.


Cryptocurrency is a new and exciting way to think about money.


But experts say the first and most important step is to educate yourself  about these emerging digital currencies and the technologies they use  so that you can understand the risks and rewards.