Cryptocurrency is a virtual currency where individual coin ownership records are kept in a database secured by strong cryptography. Because of its special security feature, it is difficult to counterfeit. It is fully digital and is not issued or controlled by any central authority.

If you have been following the news, you might have heard a thing or two about the insane ups and downs of cryptocurrencies recently. It surely is a crazy year for those who invested in cryptocurrencies. Some have become filthy rich by investing in cryptocurrency, while some have lost a fortune during its downfall.

Bitcoin (BTC) and Ethereum (ETH) are two of the most popular types of cryptocurrency. Before the crash, Bitcoin’s price has soared more than 450% while Ethereum’s price has increased by more than 1,100% since October 2020. The wildness has subsequently extended to Dogecoin (DOGE), which skyrocketed by at least 12,000% since January 2021!

In May 2020, both Bitcoin’s and Ethereum’s prices plummeted by ...