Cryptocurrency
A cryptocurrency can be simply known as digital money. For years we are used to using a money that can be touched, felt, crumpled, folded and carried. For the the past few years, cryptocurrency has become a trend online. It is a digital money used to buy, sell, invest or save online. It is so much like a money but the only difference is that it cannot be touched, crumpled, folded or carried inside our pockets, wallets and bags because it only exist virtually or elctronically.
When we speak about cryptocurrency the first thing that comes to our minds is Bitcoin because is the most famous and stable digital money that existed since 2008. However, we must know that there are a lot of cryptocurencies in the market, and to name a few, there is Ethereum, Binance Coin, and Litecoin. When we also speak of investing in cryptocurrencies, we think of gaining a lot of money, but we must know that investing in cryptocurrencies is not a fool-proof plan because it also comes with some risks. This is why it is important that before investing in cryptocurrencies we must understand it first and know the risks that it carries.
As the saying goes, "If you want to be good at something, you must understand it well first." So here are some short articles that I suggest you read to help you understand cryptocurrencies, what it means to invest in it, and what are its risks:
1. "Cryptocurrency Terms To Know Before You Invest: A Beginner's Guide" by Ryan Haar (2022)
Here's the link to this 7-minute reading:
2. "The 10 Most Popular Cryptocurrencies, and What You Should Know About Each Before You Invest" by Ryan Haar (2022)
Here's the link to this reading:
3. "Does Crypto Belong In Your Investment Portfolio? These 4 Questions Can Help You Decide" by John Puterbaugh (2021)
Here's the link to this 10-minute reading:
4. "Curious About Crypto? What 10 Financial Advisors Are Telling Clients About Investing in It" by Ryan Haar (2022)
Here's the link to this 5-min reading:
5. "How to Buy Bitcoin: A Guide for New Crypto Investors" by NextAdvisor
Here's the link to this easy to understand article:
https://www.google.com/amp/s/time.com/nextadvisor/investing/cryptocurrency/how-to-buy-bitcoin/amp/
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