One of the most asked questions in Bitcoin is how the price of a cryptocurrency, which is not controlled by any center, is determined. The most important difference between bitcoin and fiat currencies is that they are not valued or legally declared by a center.

The value of Bitcoin has skyrocketed since its debut in 2008. This digital currency invented by Satoshi Nakamoto, whose identity is still unknown, inspired the next digital currencies, altcoins, with the blockchain technology behind it. It comes from the fact that it is a very useful currency as well as blockchain technology on which it is based on the main source of bitcoin value

Trader, as a term used for those who perform transactions such as opening and closing positions in the market, moving the open position to the next day. Traders choose the investment instrument they think can make a profit based on the market and investment instruments they analyze.

Cryptocurrency wallet, or in other words, digital wallet, is defined as applications that manage public and private keys. The most popular of the cryptocurrency wallets are known as the Bitcoin wallet. A cryptocurrency wallet is needed for buy-sell cryptocurrencies.

Blockchain, which started a new era in the technology and finance ecosystem is a distributed database that provides encrypted transaction tracking in a chain of blocks. In 1991, the first study of the cryptographically secure chain of blocks was published by Stuart Haber and W. Scott Stornetta. The conceptualization of the first blockchain was in 2008 by a person or group of people known as Satoshi Nakamoto.