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Which cryptocurrencies should I consider investing in for 2017?

avatarPriyanshu MehrotraDec 19, 2021 · 3 years ago3 answers

I'm looking to invest in cryptocurrencies in 2017, but I'm not sure which ones to consider. Can you provide some guidance on which cryptocurrencies I should consider investing in for the year?

Which cryptocurrencies should I consider investing in for 2017?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    As an expert in the field, I would recommend considering Bitcoin, Ethereum, and Ripple as potential cryptocurrencies to invest in for 2017. These three cryptocurrencies have shown significant growth and have established themselves as leaders in the market. However, it's important to do your own research and assess the risk associated with each investment.
  • avatarDec 19, 2021 · 3 years ago
    Well, if you're looking for a safe bet, Bitcoin is definitely the most well-known and widely accepted cryptocurrency. It has a proven track record and has consistently shown growth over the years. Ethereum is another popular choice, especially with its smart contract capabilities. Ripple, on the other hand, focuses on facilitating fast and low-cost international money transfers. It's always a good idea to diversify your portfolio and consider other cryptocurrencies as well.
  • avatarDec 19, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, some of the cryptocurrencies you should consider investing in for 2017 include Bitcoin, Ethereum, Litecoin, and Dash. These cryptocurrencies have shown strong performance and have a solid foundation. However, it's important to keep in mind that the cryptocurrency market is highly volatile and investing in cryptocurrencies carries risks. It's always recommended to consult with a financial advisor before making any investment decisions.