#StopLossStrategies Cryptocurrency is a digital or virtualform of currency that uses cryptography for security and operates independently of a central authority, like a government or bank. It runs on blockchain technology, which is a decentralized ledger that records all transactions across a network of computers. Bitcoin, created in 2009, was the first and most well-known cryptocurrency, paving the way for others like Ethereum, Litecoin, and Ripple. Cryptocurrencies offer benefits such as fast, borderless transactions and lower fees compared to traditional banking systems. However, they also come with risks, including price volatility, regulatory uncertainty, and potential security threats. As the market grows, cryptocurrencies are being explored for various applications, from financial services to digital contracts and decentralized apps. While some view crypto as the future of money, others remain cautious due to its unpredictable nature. Regardless, cryptocurrency continues to shape the evolving landscape of global finance and technology.
