Crash course of crypto for you. 

Cryptocurrency is general terms for online money on the blockchain ecosystem.  Now these money are mostly pegged against USD and in most cases the prices fluctuates.  

They are some three major types of cryptocurrencies you should be aware of:

1. Stable coins : They’re majorly pegged 1 coin to 1 USD, if you buy $100 worth of a stable coin today , you can be sure to still have $100 worth of a stable coin in 10 years time majorly.   This is majorly another method to store your money and move it across region… USDC, USDT etc.

2. Unstable coins : These have their prices going up and down and major market movers, the major ones are like Bitcoin, @ethereum , @solana etc.    when people say they’re investing in crypto, this is majorly what they’re referring to, the prices of these coins go up and down.  So if you buy $100 worth of bitcoin or solana today, in 2 years time, that $100 can be worth $400.   Note that the quantity of coins you have won’t change, only the value.   So if you have 2 bitcoins, in 2 years you still have 2 bitcoins.  The value however has gone up, or maybe down.   Anything can happen. 

3. Meme coins : These are the ogapatapata of them all, these are project coins backed by short term community, driven by hype and market cap per minutes. It’s a gamble, and extremely volatile.   You can buy $100 worth of a meme coins today and it’ll be worth $100k tomorrow or $2.5 tomorrow.  It’s not investing. It’s riskvesting. 

Good luck.