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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 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 choose the crypto market to a whole different height completely. In accordance with the predictions and analysis, Bitcoin remains firmly to number one position, without any close contender. Gradually, Bitcoin is going to probably be seen more as a store of value, along with it being an alternative currency. .

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

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CoinSwitch.co is the worlds biggest cryptocurrency exchange aggregator that supports 300+ coins and above 45,000+ pairs.  It gives an easier method of trading via exchanges like 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 cost prediction is based on the information accumulated from several sources. This should not be considered as an investing parameter and consumer 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 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 about what Bitcoin is It's an electronic currency used mainly for online purchases and as an investment, albeit an extremely risky one. It's not sponsored by any government.

You can also buy them with dollars or nearly any other currency.Bitcoin is highly volatile and not a place to invest funds you cant lose. When there are some stories of people making a fortune on Bitcoin in 2017, many individuals lost because it fell from its summit. Some people think it's going to be worth $1 million or more while others, including Warren Buffett and JP Morgan Chase CEO Jamie Dimon, telephone the entire system a fraud ready to fall.Still interested in getting a piece of this Bitcoin pie below 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 digital wallets.So, where can you purchase Bitcoin Read on to find the best places to pick up Bitcoin today. .

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 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 maximum ) from a bank account or Coinbase USD wallet. Purchases using a credit or debit card add on a 2.49 percent fixed fee.The Coinbase wallet is very secure, obtained via the internet app or mobile app, uses two-factor authentication and retains redundant electronic and paper backups of data in safe deposit boxes and vaults around the world.

Further, Coinbase holds 98 percent of customer currencies offline to keep them safe 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 completely fee-free on this platform. Since February 2018, Robinhood supports Bitcoin and Ethereum transactions and market data for another 15 currencies.

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Crypto accounts support marketplace and restrict orders.Your coins are saved in the exact same Robinhood account you use to your own stocks and share a login. Robinhood is mobile first and only recently check it out added an Internet version, so it is best for individuals familiar managing money from their phone or tablet computer. Even though you may 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 include more in the future.