#TradingPsychology $BTC refers to *Bitcoin*, which is the first and most well-known cryptocurrency. Bitcoin was created by an anonymous person or group of people under the pseudonym *Satoshi Nakamoto* in 2008. It operates on a decentralized, peer-to-peer network called *blockchain* and is often referred to as digital gold due to its store of value properties.

Here are some key points about Bitcoin:

1. *Store of Value:* Bitcoin is often viewed as a hedge against inflation, similar to gold. Many investors see it as a way to preserve wealth over time.

2. *Decentralized:* Bitcoin is not controlled by any government or central authority. It operates on a decentralized network of computers (nodes) across the world.

3. *Limited Supply:* Bitcoin has a maximum supply of *21 million* coins, making it a deflationary asset. This scarcity is one of the factors contributing to its value.

4. *Security and Transparency:* Transactions are verified through a process called *mining*, and the blockchain ledger is public and transparent, making it highly secure.

5. *Digital Currency:* Bitcoin can be used for various purposes, including online purchases, transferring money, and as an investment asset.

Would you like to know more about Bitcoin, how to buy it, or how it works?