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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 using 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 stays firmly to number one position, without any close contender. Gradually, Bitcoin will probably 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 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 provides 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 price prediction relies on the information collected 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 may receive commissions from purchases made after visiting links within our content. Learn more about our inspection procedure. 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 also the best 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 within an investment, albeit a very risky one. It is not sponsored by any government.

You can also buy them dollars or nearly any other currency.Bitcoin is highly volatile and not somewhere to invest funds you cant lose. While there are a number of stories of people making a fortune on Bitcoin in 2017, many individuals lost because it dropped from its summit. Many people think it is 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 a few pointers: When buying Bitcoin, you will need somewhere 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 electronic wallets.So, where can you buy Bitcoin Read on to find the very best places to pick up Bitcoin 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 simplest 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 why not try these out account or Coinbase USD wallet. Purchases with a debit or credit card include on a 2.49 percent mended fee.The Coinbase pocket is extremely protected, accessed through the internet app or mobile program, utilizes two-factor authentication and retains redundant electronic and paper backups of data in safe deposit boxes and vaults around the globe.

Further, Coinbase retains 98 percent of consumer currencies offline to keep them safe from malicious hackers. This is further evidence to why Coinbase is a leader in digital 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 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 market and restrict orders.Your coins are saved in the exact same Robinhood account you use to your own shares and discuss a login. Robinhood is mobile first and just recently added a Web version, so it is best for people familiar managing money from their phone or tablet computer. Even though you might need to login on the small screen to access your account, you cant beat free!The biggest downside is that Robinhood only works in 16 countries for cryptocurrency trades, but it plans to include more in the future.