Introduction to Cryptocurrencies and Bitcoin

Digital money protected by cryptography and completely unsupported by physical assets or securities is known as cryptocurrency, which first gained prominence with Bitcoin. The features of cryptocurrencies are shown by the fact that they are not supported by a centralized authority and operate on decentralized networks using a technology called the blockchain. Investors' preferences for cryptocurrencies can be attributed to their mobility, divisibility, inflation resilience, and transparency.

The purpose of this course is to investigate and introduce the cryptocurrency known as Bitcoin, particularly in light of the recent returns it has offered. The initial point of emphasis will be on the definition, creation method, and characteristics of cryptocurrencies. The factors to take into account while trading with Bitcoin and an analysis of the gains and losses in these transactions will be shared with the investors in light of this knowledge. The difficulty of mining Bitcoin in this process, as well as the Altcoins that formed, as a result, will be discussed after the course.