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

Bitcoin will touch the $50k mark in the year 2023, which will choose the crypto market to a complete different height altogether. In accordance with the predictions and analysis, Bitcoin stays 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 used more often by more people, i.e, the more real time use case is going to be increased, which will make it even more powerful.

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CoinSwitch.co is the worlds largest cryptocurrency exchange aggregator that supports 300+ coins and above 45,000+ pairs.  It provides an easier way of trading via 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 information collected from various 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 may receive commissions from purchases made after visiting links within our content. Learn more about our inspection 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 the best places to purchase Bitcoin.First of all, need some background information concerning what Bitcoin is It's an electronic currency used mainly for online purchases and as an investment, albeit a very risky one. It is not sponsored by any government.

You can also purchase them 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 as it dropped from its peak. Some people today think it is 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 the 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 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 best places to pick up Bitcoin go now now. .

Coinbase is the biggest and most respected Bitcoin platform 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 max) by a bank account or Coinbase USD wallet. Purchases with a credit or debit card include on a 2.49 percent fixed fee.The Coinbase pocket is very protected, accessed via the internet app or mobile app, utilizes two-factor authentication and keeps redundant electronic and paper backups of information in safe deposit boxes and vaults around the globe.

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 brokerage and recently expanded into the world of digital currencies. The best part: No charges! You can buy and sell Bitcoin and other digital currencies entirely 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 restrict orders.Your coins are saved in the same Robinhood account you use for your shares and share a login. Robinhood is mobile first and only recently added a Web version, therefore it is ideal for people familiar managing money from their phone or tablet. Even though you may need to login on the small screen to access your account, you cant beat free!The largest downside is that Robinhood only works in 16 countries for cryptocurrency trades, but it plans to include more in the future.