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Bitcoin price prediction suggests that the Bitcoin price is up for a long-term 678.833382% 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 whole 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 probably be seen more as a store of value, along with it being an alternative currency. .

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

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

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

We are 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 concerning what Bitcoin is It is an electronic currency used mostly for online purchases and as an investment, albeit a very risky one. It is not sponsored by any government.

You can also buy them with dollars or nearly any other currency.Bitcoin is extremely volatile and not a place to invest funds you cant lose. While there are some stories of people making a fortune on Bitcoin in 2017, many people lost because it fell from its peak. Many people today 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 piece of the Bitcoin pie below are a few 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 prices 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 platform in the United States. It provides both an exchange and wallet in one, making it one of the simplest helpful hints places to start with Bitcoin. Coinbase additionally 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 using a debit or credit card include on a 2.49 percent fixed fee.The Coinbase pocket is very protected, obtained via the internet app or mobile app, uses two-factor authentication and keeps redundant electronic and paper copies 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 leader in electronic currencies in the United States. .

Robinhood started as a fee-free stock broker and recently expanded into the world of electronic currencies. The very best part: No fees! You can buy and sell Bitcoin and other electronic currencies entirely 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 limit orders.Your coins are saved in the same Robinhood account you use for your stocks and share a login. Robinhood is cellular first and just recently added a Web version, so it's best for people comfortable managing money from their phone or tablet computer. 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 operates in 16 states for cryptocurrency transactions, but it plans to add more in the future.