I have always been very skeptical about cryptocurrencies such as Bitcoin. However, now that printing money is considered a valid response to the corona crisis, and is likely here to stay, I like the idea of having a currency of which there is a fixed supply. Previously I considered cryptocurrencies too speculative, mostly because I did not, and still do not, fully understand how they work. I am investing a small amount into cryptocurrencies as an experiment, where I intend to learn about these instruments, and potentially make a small profit. I found Investopedia to be one of the best resources on getting started with cryptocurrencies in general.
Here I outline the process of buying my first crypto.