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Bitcoin price prediction implies 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 stays securely 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. .

By 2023, Bitcoin is going to be utilized more often by more people, i.e, the real time use case will be increased, which will make it 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 way of trading through exchanges like KuCoin, IDEX, Changelly, Bittrex, Cryptopia, ChangeNow and Changer without creating an account on them. If you're interested in buying cryptos, do give it a try! .

*This price prediction relies on the data accumulated 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 might receive commissions from purchases made after visiting links within our content. Learn more about our inspection 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 buy Bitcoin.First of all, need some background information concerning what Bitcoin is It is an electronic currency used mainly for online purchases and as an investment, albeit an extremely risky one. It's not sponsored by any government.

You can even buy them dollars or nearly any other currency.Bitcoin is extremely 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 summit. 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, call the entire system a fraud prepared to fall.Still interested in getting a part of this Bitcoin pie below are some pointers: When buying Bitcoin, you'll need somewhere to store them.

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But when transacting in Bitcoin, beware of large transfer fees when going back and forth between coins and other currencies and even transferring to additional digital wallets.So, where can you buy Bitcoin Read on to find the very best places to pick up Bitcoin now. .

Coinbase is the most important 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 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. Continue

Transactions ($1 min, $50 max) from a bank account or Coinbase USD wallet. Purchases with a credit or debit card add on a 2.49 percent fixed fee.The Coinbase pocket is extremely protected, obtained through the Web app or mobile app, uses two-factor authentication and retains 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 protected 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 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 same Robinhood account you use for your shares and share a login. Robinhood is mobile first and only recently added a Web version, so it's best for people familiar managing money from their phone or tablet. While you might need to login on the small screen to get 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.