Cryptocurrency is all the rage these days, and with good reason: People are making fortunes off of it. It is an investment medium – and a highly volatile one – but also a massive one, with an overall market capitalization of more than $1.57 trillion dollars. Of course, cryptocurrency is highly confusing. If you are looking to buy cryptocurrencies, you should do so with caution. A general rule of thumb is that you should never invest money that you can’t afford to lose. However, if you have a high tolerance for risk, cryptocurrency may appeal to you. As noted by the financial experts at SoFi, “Cryptocurrency, often abbreviated to ‘crypto,’ is a new type of digital currency. Crypto is decentralized, meaning that it is not controlled by a central authority like a bank or government and instead is exchanged person-to-person.” This means that the medium has plenty of opportunities

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