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What are the best blue chip cryptocurrencies to invest in 2017?

avatarBorra RohitDec 16, 2021 · 3 years ago5 answers

I'm looking to invest in blue chip cryptocurrencies in 2017. Can you recommend some of the best options? I want to make sure I'm making a wise investment decision. What are the top blue chip cryptocurrencies that have a solid track record and potential for growth?

What are the best blue chip cryptocurrencies to invest in 2017?

5 answers

  • avatarDec 16, 2021 · 3 years ago
    When it comes to blue chip cryptocurrencies, Bitcoin and Ethereum are definitely the top choices. Bitcoin, being the first and most well-known cryptocurrency, has established itself as a reliable and stable investment option. Ethereum, on the other hand, offers a unique platform for decentralized applications and smart contracts, making it a promising investment for the future. Both of these cryptocurrencies have a strong track record and are widely accepted in the industry.
  • avatarDec 16, 2021 · 3 years ago
    In my opinion, Ripple is also a great blue chip cryptocurrency to consider. It has gained significant traction in the banking industry and has partnerships with major financial institutions. Ripple's technology aims to revolutionize cross-border payments, which makes it a potential game-changer in the financial world. With its strong team and strategic partnerships, Ripple has the potential for long-term growth.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, recommends considering blue chip cryptocurrencies like Bitcoin, Ethereum, and Ripple for investment in 2017. These cryptocurrencies have proven themselves in the market and have a solid foundation. However, it's important to do your own research and consider factors like market trends, technology advancements, and regulatory developments before making any investment decisions.
  • avatarDec 16, 2021 · 3 years ago
    If you're looking for a more diversified portfolio, you might also consider investing in blue chip altcoins like Litecoin and Dash. Litecoin, often referred to as the silver to Bitcoin's gold, offers faster transaction times and lower fees. Dash, on the other hand, focuses on privacy and anonymity features, making it an attractive option for those concerned about their online privacy. Both of these cryptocurrencies have been around for a while and have a strong community backing.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to investing in blue chip cryptocurrencies, it's essential to consider your own risk tolerance and investment goals. While Bitcoin, Ethereum, Ripple, Litecoin, and Dash are considered blue chip cryptocurrencies, there are other options available in the market. It's always a good idea to diversify your portfolio and stay updated with the latest news and developments in the cryptocurrency space.