What are the recommended cryptocurrencies for investment in 2017?

7 answers

• Dec 18, 2021 · 3 years ago
  Sure! In 2017, Bitcoin (BTC) and Ethereum (ETH) were two of the most recommended cryptocurrencies for investment. Bitcoin, being the first and most well-known cryptocurrency, experienced a significant increase in value throughout the year, making it a popular choice among investors. Ethereum, on the other hand, gained attention due to its smart contract capabilities and the growing popularity of Initial Coin Offerings (ICOs). Both cryptocurrencies had a positive impact on investors' portfolios in 2017.
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• Dec 18, 2021 · 3 years ago
  2017 was an exciting year for cryptocurrencies! One of the top recommended cryptocurrencies for investment during that time was Ripple (XRP). Ripple gained traction due to its unique consensus algorithm and partnerships with major financial institutions. It had a successful year in terms of price appreciation and market capitalization, making it an attractive choice for investors.
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• Dec 18, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, recommends considering Litecoin (LTC) as a potential investment option for 2017. Litecoin, often referred to as the silver to Bitcoin's gold, had a strong performance in 2017. It benefited from its faster block generation time and lower transaction fees compared to Bitcoin. Additionally, Litecoin's active development community and strong adoption by merchants made it an appealing choice for investors.
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• Dec 18, 2021 · 3 years ago
  Investing in cryptocurrencies in 2017 was a wild ride! One cryptocurrency that gained a lot of attention and was recommended by many experts was Dash (DASH). Dash stands out for its focus on privacy and instant transactions. Its unique governance system, which allows masternode operators to vote on proposals, also contributed to its popularity. Dash had a remarkable price surge in 2017, making it a profitable investment for those who got in early.
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• Dec 18, 2021 · 3 years ago
  Another cryptocurrency that was recommended for investment in 2017 is Monero (XMR). Monero is known for its strong privacy features, making it attractive to users who value anonymity. Its focus on fungibility and decentralization also contributed to its growing popularity. Monero had a successful year in terms of price performance, making it a potentially profitable investment option for 2017.
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• Dec 18, 2021 · 3 years ago
  2017 was a great year for cryptocurrencies, and one that stood out for its potential was NEO (NEO). NEO, often referred to as the 'Chinese Ethereum,' gained attention due to its smart contract capabilities and strong community support. It had a significant price appreciation in 2017, making it an interesting investment option for those looking to diversify their portfolio.
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• Dec 18, 2021 · 3 years ago
  In 2017, one cryptocurrency that caught the attention of many investors was Cardano (ADA). Cardano is a blockchain platform that aims to provide a more secure and sustainable ecosystem for cryptocurrencies. Its focus on academic research and peer-reviewed development contributed to its reputation. Cardano had a successful year in terms of price performance, making it an attractive investment option for 2017.
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