#TrendTradingStrategy "Crypto" or "Crypto" is mainly used to refer to Cryptocurrency. Below is an explanation in simple language:
---
đ What is Cryptocurrency?
Cryptocurrency is a digital currency that can be transacted over the internet and is kept secure using blockchain technology.
---
đĄ Common examples:
Bitcoin (BTC) â the first and most popular cryptocurrency.
Ethereum (ETH)
Ripple (XRP)
Dogecoin (DOGE)
---
đĻ How does it work?
1. Transactions are stored using a technology called blockchain.
2. It is decentralized, meaning it is not controlled by any bank or government.
3. Transactions are encrypted, so it is safe and confidential.
---
đ Why do people use crypto?