common-close-0
BYDFi
Trade wherever you are!

Which cryptocurrencies have the potential for great returns in 2017?

avatarKamronbek2112Dec 17, 2021 · 3 years ago3 answers

In 2017, which cryptocurrencies should I consider investing in if I'm looking for high returns?

Which cryptocurrencies have the potential for great returns in 2017?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One cryptocurrency that had the potential for great returns in 2017 was Bitcoin. As the pioneer and most well-known cryptocurrency, Bitcoin experienced significant growth throughout the year, reaching all-time highs. However, it's important to note that past performance is not indicative of future results, and investing in cryptocurrencies carries inherent risks. It's crucial to do thorough research and consider factors such as market trends, technology, and adoption before making any investment decisions.
  • avatarDec 17, 2021 · 3 years ago
    If you're looking for potential high returns in 2017, Ethereum is another cryptocurrency to consider. With its smart contract capabilities and growing ecosystem, Ethereum gained traction and saw substantial price increases. However, as with any investment, it's essential to assess the risks and conduct your due diligence before investing in cryptocurrencies. Keep in mind that the cryptocurrency market is highly volatile and can be subject to sudden price fluctuations.
  • avatarDec 17, 2021 · 3 years ago
    In 2017, one cryptocurrency that showed great potential for high returns was Ripple (XRP). Ripple's unique technology and partnerships with major financial institutions attracted attention and contributed to its price appreciation. However, it's important to note that investing in cryptocurrencies involves risks, and it's crucial to diversify your portfolio and consult with a financial advisor before making any investment decisions. Remember, past performance is not indicative of future results.