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Cryptocurrency can be considered as one of the newest and most exciting asset classes that is available to investors. Here is an example of a step by step guidance on how to start investing in digital money: If you want to invest in cryptocurrency directly, then you can use a cryptocurrency exchange ; choose wisely a reputable, well-known exchange with a large selection of currencies - t he most popular one is Coinbase Establish an account with the cryptocurrency exchange Fund your account with fiat money - remember  not invest more money than you can afford to lose! Decide which cryptocurrency or cryptocurrencies you want to buy - choose reasonably and research your options before making any investment. One of the most popular cryptos are Bitcoin , Ethereum and Litecoin Place a buy for your chosen cryptocurrency Store your cryptocurrency in a digital wallet - it can be hosted either by the cryptocurrency exchange or an independent wallet provider Remember that cryptocurrency i...

To put it simply, cryptocurrency is a medium of exchange digital money that is encrypted and decentralised. It is based on blockchain technology which is a system of recording information in a way that makes it difficult or impossible to change. The fact that it is decentralised means there is no central authority that manages and maintains the value of the cryptocurrency - unlike the U.S Dollar or the Euro. You can use it to buy regular goods and services, although most people invest in it like they do in stocks or precious metals. Everyone can purchase cryptocurrency on peer-to-peer networks and cryptocurrency exchanges, such as Coinbase and Bitfinex; however, investing in it might be risky due to its intense price swings and system differences. Keep in mind to not invest more money than you can afford to lose. There are more than 5,000 different cryptos in circulation and the most popular ones are Bitcoin, Ethereum and Dogecoin. Some people even refer to it as 'digital gold'...