$BTC #StopLossStrategies **BTC** (short for **Bitcoin**) is a type of **cryptocurrency**, which is a digital or virtual form of money that uses **cryptography** for security. Here's a quick breakdown:
### **Bitcoin (BTC):**
- **The first and most well-known cryptocurrency**, created in 2009 by an anonymous person (or group) using the name *Satoshi Nakamoto*.
- It's **decentralized**, meaning it's not controlled by any government or bank.
- Uses **blockchain technology**, a public ledger that records all transactions.
- Often used as a **store of value**, like digital gold.
### **Cryptocurrency:**
- A broader term that refers to **any digital currency** using cryptography.
- **Thousands exist**, including Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), and more.
- Can be used for **transactions, investing, smart contracts**, and even **decentralized applications (dApps)**.
- Usually traded on **crypto exchanges** (like Binance, Coinbase, etc.).
Would you like a simple example or a comparison to traditional money?