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Bitcoin price prediction suggests that the Bitcoin cost is up to get a long-term 678.833382percent 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 take the crypto market to a whole different height completely. In accordance with the predictions and analysis, Bitcoin remains securely 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 will be utilized more often by more people, i.e, the more real time use case will be increased, which will help it become even stronger.

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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 way of trading through exchanges such as KuCoin, IDEX, Changelly, Bittrex, Cryptopia, ChangeNow and Changer without creating an account on these. If you are interested in buying cryptos, do give it a try! .

*This cost prediction relies on the data accumulated from various sources. This should not be considered as an investing parameter and consumer should 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 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 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 within an investment, albeit an extremely 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 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'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 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 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 easiest 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 max) by a bank account or Coinbase USD wallet. Purchases using a debit or credit card add on a 2.49 percent mended fee.The Coinbase wallet is extremely protected, obtained via the internet app or mobile app, utilizes two-factor authentication and keeps redundant digital and paper backups of data 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 additional evidence to why Coinbase is a pioneer in electronic currencies in the United States. .

Robinhood began as a fee-free stock brokerage and recently expanded into the world of digital currencies. The very best part: No charges! You can buy and sell Bitcoin and other digital currencies entirely fee-free on this stage. Since February 2018, Robinhood supports Bitcoin and Ethereum transactions and market data for another 15 currencies.

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Crypto accounts support market and restrict orders.Your coins are stored in the exact same Robinhood account you use to your own stocks and share a login. Robinhood is mobile first and just recently added a Web version, so it is best for people comfortable managing money from their phone or tablet. While you may need to login on the small screen to content access your account, you cant beat free!The biggest downside is that Robinhood only works in 16 states for cryptocurrency trades, but it plans to add more in the future.