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Bitcoin price prediction suggests that the Bitcoin price is up for a long-term 678.833382percent in the BTC cost value using a 5-year investment. This means that in 2023, the Bitcoin cost 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. In accordance with the predictions and analysis, Bitcoin remains securely to number one position, without any close contender. Gradually, Bitcoin will be seen more as a store of value, along with it being an alternative currency. .

By 2023, Bitcoin is going to be utilized more often by more people, i.e, the real-time use case is going to be increased, which can help it become even stronger.

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CoinSwitch.co is the worlds biggest cryptocurrency exchange aggregator that supports 300+ coins and over 45,000+ pairs.  It gives an easier method of trading through exchanges such as KuCoin, IDEX, Changelly, Bittrex, Cryptopia, ChangeNow and Changer without creating an account on these. If you're interested in buying cryptos, do give it a try! .

*This price prediction is based on the data collected from several sources. This should not be considered as an investing parameter and user should do their own research before investing.

We're devoted to researching, testing, and recommending the best products. We might receive commissions from purchases made after visiting links within our content. Learn more about our review process. 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 the way Bitcoin works and also the top places to purchase Bitcoin.First of all, need some background information concerning what Bitcoin is It is an electronic currency used mostly for online purchases and as an investment, albeit a very risky one. It's not sponsored by any government.

You can even buy them dollars or nearly any other currency.Bitcoin is highly volatile and not somewhere to invest funds you cant lose. When there are a number of stories of people making a fortune on Bitcoin in 2017, many individuals lost because it fell from its peak. Some people today think it is going to be worth $1 million or more additional reading 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 a few pointers: When buying Bitcoin, you'll need a place to store them.

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

Coinbase is the biggest and most respected Bitcoin system in the United States. It offers both an exchange and wallet in one, making it one of the simplest places to begin 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 maximum ) by a bank account or Coinbase USD wallet. Purchases with a debit or credit card include on a 2.49 percent mended fee.The Coinbase wallet is very secure, accessed via the Web app or mobile program, utilizes two-factor authentication and keeps redundant digital and paper backups of information in safe deposit boxes and vaults around the world.

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

Robinhood began as a fee-free stock broker and recently expanded into the world of digital currencies. The very best part: No fees! You can buy and sell Bitcoin and other digital currencies entirely fee-free on this stage. Since February 2018, Robinhood supports Bitcoin and Ethereum transactions and market statistics for another 15 currencies.

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Crypto accounts support market and restrict orders.Your coins are stored in the exact same Robinhood account you use to your own stocks and discuss a login. Robinhood is mobile first and only recently added an Internet version, therefore it is best for people familiar managing money from their phone or tablet computer. Even though you might need to login on the little screen to get your account, you cant beat free!The largest downside is that Robinhood only works in 16 states for cryptocurrency trades, but it plans to include more in the long run.