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Bitcoin price prediction suggests that the Bitcoin cost is up for a long-term 678.833382% in the BTC price 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 choose the crypto market to a complete different height altogether. As per the predictions and analysis, Bitcoin stays firmly to number one position, without any close contender. Gradually, Bitcoin is going to be seen more as a store of value, along with it being an alternative currency. .

By 2023, Bitcoin will be utilized more often by more individuals, i.e, the real time use case will be increased, which will help it become even stronger.

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CoinSwitch.co is the worlds largest cryptocurrency exchange aggregator that supports 300+ coins and over 45,000+ pairs.  It provides an easier way 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 go! .

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

We're committed 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 best places to purchase Bitcoin.First of all, need some background information concerning what Bitcoin is It is a digital currency used mostly 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 somewhere to invest funds you cant lose. When there are some stories of people making a fortune on Bitcoin in 2017, many people lost because it dropped from its peak. 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 prepared to fall.Still interested in getting a part of the Bitcoin pie below are some pointers: When buying Bitcoin, you'll need somewhere to store them.

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

Coinbase is the most important and most respected Bitcoin system in the United States. It provides both an exchange and wallet in one, making it one of the easiest 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 ) from a bank account or Coinbase USD wallet. Purchases with a debit or credit card add on a 2.49 percent fixed fee.The Coinbase wallet is very protected, accessed via the internet app or mobile app, utilizes two-factor authentication and retains redundant electronic and paper copies of data in safe deposit boxes and vaults around the world.

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

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

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Crypto accounts support marketplace and limit orders.Your coins are stored in the exact same Robinhood account you use to your own stocks and share a login. Robinhood is cellular first and only recently added an Internet version, Full Article so it is ideal for individuals comfortable managing money from their phone or tablet. While you might need to login on the little screen to get your account, you cant beat free!The biggest downside is that Robinhood only works in 16 states for cryptocurrency trades, but it plans to add more in the future.