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Bitcoin price prediction suggests that the Bitcoin price 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 touch 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 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. .

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

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CoinSwitch.co is the worlds largest 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 go! .

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

We're devoted 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 review process. Bitcoin took the world by storm as 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 top places to buy Bitcoin.First of all, need some background information about what Bitcoin is It's an electronic currency used mostly for online purchases and as an investment, albeit an extremely risky one. It's 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 people lost as it dropped from its summit. Some click to investigate 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, telephone the entire system a fraud ready to fall.Still interested in getting a part of this Bitcoin pie Here 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 digital wallets.So, where can you purchase 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 provides 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 using a credit or debit card include on a 2.49 percent fixed fee.The Coinbase pocket is extremely secure, obtained via the Web app or mobile program, utilizes two-factor authentication and retains redundant digital 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 started as a fee-free stock broker and recently expanded into the world of digital currencies. The best part: No fees! You can buy and sell Bitcoin and other electronic currencies completely fee-free on this stage. Since February 2018, Robinhood supports Bitcoin and Ethereum trades and market data for another 15 currencies.

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Crypto accounts support market and limit orders.Your coins are stored in the same Robinhood account you use for your shares and like it share a login. Robinhood is cellular first and only recently added a Web version, so it is ideal for individuals comfortable managing money from their phone or tablet. While 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 include more in the long run.