Which cryptocurrencies are considered strong buys according to cfra?

3 answers

• Nov 26, 2021 · 3 years ago
  Based on cfra's analysis, there are several cryptocurrencies that are considered strong buys. One of the top recommendations is Bitcoin (BTC), which has a proven track record and is widely accepted as a store of value. Another cryptocurrency that cfra recommends is Ethereum (ETH), which is known for its smart contract capabilities and has a strong developer community. Additionally, cfra suggests considering Binance Coin (BNB), the native token of the Binance exchange, which has shown consistent growth and has various use cases within the Binance ecosystem.
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• Nov 26, 2021 · 3 years ago
  When it comes to strong buys in the cryptocurrency market, cfra suggests looking into Cardano (ADA). Cardano is a blockchain platform that aims to provide a more secure and sustainable infrastructure for the development of decentralized applications. Another cryptocurrency that cfra recommends is Polkadot (DOT), which is a multi-chain network that allows different blockchains to interoperate and share information. These are just a few examples of cryptocurrencies that cfra considers to be strong buys, but it's important to do your own research and consider your investment goals before making any decisions.
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• Nov 26, 2021 · 3 years ago
  According to cfra, one of the cryptocurrencies that is considered a strong buy is BYDFi (BYD). BYDFi is a decentralized finance platform that offers various financial services, including lending, borrowing, and yield farming. It has gained popularity due to its innovative features and high potential for growth. However, it's important to note that investing in cryptocurrencies carries risks, and it's always recommended to consult with a financial advisor before making any investment decisions.
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