Unless you've been living under a rock for the past few months, you've probably heard about Bitcoin's skyrocketing price. The almost daily headlines have focused a lot of attention on the cryptocurrency markets and altcoins (alternative cryptocurrencies), and the masses are now rushing to find the next Bitcoin. While there may or may not be another Bitcoin, there is still plenty of potential in investing in cryptocurrency, as seen in Ripple's (XRP) 1000% jump over the past couple weeks.
Investing in cryptocurrency is becoming increasingly popular. While Bitcoin has been somewhat of a household name for the last couple of years, alternative cryptocurrency (or 'altcoins') are becoming increasingly popular as they offer those who missed out on Bitcoin's big leaps a chance at the next big thing.
For the non-tech savvy, investing in Bitcoin, Ethereum and Litecoin can be accomplished in a matter of minutes. Most other currencies, like the wildly popular (and 2017's highest-growth coin) Ripple (XRP), take a bit more effort.