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Cryptocurrency basics: what it is, how it works, and how to invest


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Cryptocurrency is a form of digital, decentralized money not government-issued but managed via private encrypted databases, called blockchains. 
Bitcoin is the original, and still most popular, type of cryptocurrency. Tether, Ethereum, and Litecoin are other highly traded types.
Mainstream investing apps now allow individuals to purchase cryptocurrency, but risks include high volatility and a lack of regulatory oversight.
Your pocketbook may soon be going virtual. 
That is, if the trend in cryptocurrency continues. This non-physical, digital form of money issued not by governments but by private systems keeps multiplying. Since 2009, when bitcoin the first and best-known debuted, thousands of cryptocurrencies have become available. Cryptocurrencies have been championed and developed by several corporations and financial institutions, including Air Asia, Mitsubishi UFJ Financial Group ....

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