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Bitcoin price prediction suggests that the Bitcoin price is up for a long-term 678.833382% in the BTC price value with a 5-year investment. This means that in 2023, the Bitcoin price is forecasted to stand at $50044.6.

Bitcoin will get to the 50k mark in the year 2023, which will take the crypto market to a whole different height altogether. As per the predictions and analysis, Bitcoin remains securely to number one position, without any close contender. Gradually, Bitcoin will probably be seen more as a store of value, along with it being an alternative currency. .

From 2023, Bitcoin will be used more often by more people, i.e, the more real time use case will be increased, which can help it become even more powerful.

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CoinSwitch.co is the worlds largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs.  It provides an easier way of trading through exchanges like KuCoin, IDEX, Changelly, Bittrex, Cryptopia, ChangeNow and Changer without creating an account on them. If you're interested in buying cryptos, do give it a go! .

*This cost prediction relies on the information accumulated from several sources. This should not be considered as an investing parameter and consumer should do their own research before investing.

We are committed to researching, testing, and recommending the best products. We may receive commissions from purchases made after visiting links within our content. Learn more about our review procedure. Bitcoin took the world by storm since it rocketed from obscurity to nearly $20,000 in value per coin in 2017.

Follow along to learn more about how Bitcoin works and the best places to purchase Bitcoin.First of all, need some background information concerning what Bitcoin is It is an electronic currency used mainly for online purchases and within an investment, albeit a very risky one. It is not sponsored by any government.

You can even purchase them dollars or nearly any other currency.Bitcoin is highly volatile and not a place to invest funds you websites cant lose. While there are a number of stories of people making a fortune on Bitcoin in 2017, many people lost as it dropped from its summit. Many people think it's going to be worth $1 million or more while others, including Warren Buffett and JP Morgan Chase CEO Jamie Dimon, call the entire system a fraud ready to fall.Still interested in getting a part of this Bitcoin pie Here are some pointers: When buying Bitcoin, you will need a place to store them.

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But when transacting in Bitcoin, beware of large transfer fees when going back and forth between coins and other currencies and even transferring to additional digital wallets.So, where can you buy Bitcoin Read on to find the very best places to pick up Bitcoin now. .

Coinbase is the biggest and most respected Bitcoin platform in the United States. It offers both an exchange and wallet in one, making it one of the easiest places to start with Bitcoin. Coinbase also supports Bitcoin Cash, Ethereum and Litecoin.Once you sign up and connect your bank account, you can easily transfer funds in and out of your account and convert them to Bitcoin and back to dollars at will.

Transactions ($1 min, $50 max) from a bank account or Coinbase USD wallet. Purchases with a debit or credit card add on a 2.49 percent mended fee.The Coinbase pocket is extremely protected, obtained via the Web app or mobile app, uses two-factor authentication and retains redundant electronic and paper copies of information in safe deposit boxes and vaults around the world.

Further, Coinbase holds 98 percent of consumer currencies offline to keep them protected from malicious hackers. This is further evidence to why Coinbase is a pioneer in electronic currencies in the United States. .

Robinhood began as a fee-free stock broker and recently expanded into the world of electronic currencies. The best part: No charges! You can purchase and sell Bitcoin and other digital currencies completely fee-free on this platform. Since February 2018, Robinhood supports Bitcoin and Ethereum trades and market statistics for another 15 currencies.

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Crypto accounts support market and restrict orders.Your coins are saved in the same Robinhood account you use to your own stocks and share a login. Robinhood is mobile first check out here and just recently added a Web version, so it is best for individuals familiar managing money from their phone or tablet computer. While you might need to login on the little screen to access your account, you cant beat free!The biggest downside is that Robinhood only works in 16 countries for cryptocurrency transactions, but it plans to add more in the long run.