Digital currencies like Bitcoin, Ethereum or Dogecoin are just some cryptocurrencies you can invest into. Bitcoin is the first and the most famous cryptocyrrency. Hailed by fans as a liberation, and demonized by critics as a dangerous creation, bitcoin has made the headlines for many years now. The concept of digital money is not that complicated. Bitcoin can be sent online anonymously. Bitcoin transactions are safe because the technology behind it uses cryptography. Thus the data sent from a sender to a receiver cannot be read by third parties. Beside that, the blockchain technology guarantees that the money cannot be double spent. All the nodes verify the accuracy of the transactions, which are visible in the network. If you want to invest in Bitcoin you should take into consideration the fact that such an investment is risky and not like conventional investing in the stock market. The volatility of Bitcoin contributes to that risk. Some people have reported problems when they tried accessing their money due to technical issues. Just like with other investments, you should only invest what you can afford to lose. Coinbase and Binance are two of the world’s largest Bitcoin exchanges. They are considered to be easy to use by new users and are recommended for people who want to start investing in Bitcoin.