Bitcoin transactions are more complicated than a trader might think. Bitcoin transactions are rare. Rather, to make sure that the recipient receives the correct amount of electronic money, the bitcoin wallet and the bitcoin network must perform a series of processes. There are several ways to send open Bitcoins. Each method has its own advantages. Using a Bitcoin address or a text message on a trader's phone, a trader may initiate a transaction using a command if they are online. The trader may store money on hardware or paper, or even delegate storage to a trusted provider. In addition, this is impacted by the way in which a trader may use Bitcoin. As a result, a trader can select the most appropriate techniques for himself or herself. Therefore, when a trader begins to notice many addresses with a lot of little numbers, or when a trader accesses a trader's bitcoin wallet after a few transactions, a trader will understand what is happening. Nevertheless, it allows monitoring of Bitcoin transactions throughout the whole network, which is crucial given Bitcoin's tagline of transparency and immutability, even if it is not straightforward. It is becoming increasingly difficult to break Bitcoin wallets, especially hardware wallets, and the use of Bitcoin addresses makes transactions virtually untraceable. Bitcoin naysayers wonder whether the cryptocurrency is safe enough to become a global currency, but Bitcoin wallets, particularly hardware wallets, are increasingly hard to break.