{"id":217,"date":"2022-03-22T11:39:16","date_gmt":"2022-03-22T11:39:16","guid":{"rendered":"https:\/\/compoundingstacks.com\/?p=217"},"modified":"2022-04-04T15:11:06","modified_gmt":"2022-04-04T15:11:06","slug":"how-do-i-start-investing-in-cryptocurrency-for-beginners","status":"publish","type":"post","link":"https:\/\/compoundingstacks.com\/how-do-i-start-investing-in-cryptocurrency-for-beginners\/","title":{"rendered":"How Do I Start Investing In Cryptocurrency For Beginners?"},"content":{"rendered":"\n
Cryptocurrencies are a new and exciting way of investing that is gaining traction around the world. <\/p>\n\n\n\n
The technology behind cryptocurrencies has been evolving for years, but it\u2019s only recently that they have become more mainstream. <\/p>\n\n\n\n
More and more people are becoming engaged and enticed by the cryptocurrency \u2013 so here we are going to outline exactly what cryptocurrency is and how you can get involved.<\/p>\n\n\n\n
The first cryptocurrency was Bitcoin (BTC), which was created by an unknown person or group under the name Satoshi Nakamoto in 2009. It was released as open-source software in January 2010.<\/p>\n\n\n\n
The most popular cryptocurrency at present is bitcoin. However, there are many other cryptocurrencies available today. <\/p>\n\n\n\n
Some of these include Ethereum, Ripple, Litecoin, Dash, Monero, Zcash, EOS, Stellar Lumens, NEO, Cardano, NEM, Qtum, ByteCoin, Factom, Stratis, Golem, Waves, Digibyte, MaidSafeCoin, Augur REP, OmiseGO, Status, Lisk, Decred, Ark, Iconomi, and others. Yeah, there are a lot out there\u2026<\/p>\n\n\n\n
Before we really break down how you can invest in cryptocurrency, it is important to break down what exactly a cryptocurrency is.<\/p>\n\n\n\n