Cryptocurrencies are all the rage. The value of Bitcoin, for example, has skyrocketed nearly 5,000% since 2017. So do cryptocurrencies make good investments? We’ll tell you what they are, whether it’s a good idea to buy them, and which platform you should buy these coins from. What are cryptocurrencies? Cryptocurrencies are digital currencies you can buy goods and services with, or trade. The first cryptocurrency, Bitcoin, was created in 2009. Most cryptocurrencies are created on the blockchain, which means that every transaction is recorded. They are built on a network that is decentralised — they can be sent from person to person without any intermediaries like a bank or credit card company. Why buy cryptocurrencies Here are a few reasons why you should buy cryptocurrencies:

1. Transparency

Without having to trade through intermediaries, cryptocurrencies cannot be controlled and manipulated by governments and banks....