Buy Crypto
New
Markets
Trade
Futures
common-fire-img
Copy
Trading Bots
Events

What are the best cryptocurrency investments of 2017?

Gurvinder SinghDec 11, 2020 · 5 years ago3 answers

In 2017, which cryptocurrencies showed the most promising investment potential? What factors contributed to their success and how did they perform compared to other cryptocurrencies?

3 answers

  • Pettersson GlassAug 07, 2020 · 5 years ago
    In 2017, Bitcoin and Ethereum were the top cryptocurrency investments. Bitcoin, being the first and most well-known cryptocurrency, experienced significant growth and reached new all-time highs. Ethereum, on the other hand, gained popularity due to its smart contract capabilities and the rise of Initial Coin Offerings (ICOs). These two cryptocurrencies outperformed others due to their strong communities, widespread adoption, and technological advancements.
  • Norman ParsonsFeb 22, 2022 · 3 years ago
    2017 was a wild year for cryptocurrencies. While Bitcoin and Ethereum were the obvious choices for many investors, there were also some lesser-known cryptocurrencies that made huge gains. Ripple, for example, saw a massive surge in value, thanks to partnerships with major financial institutions. Litecoin, often referred to as the silver to Bitcoin's gold, also had a great year. It's important to note that investing in cryptocurrencies carries risks, and thorough research is necessary before making any investment decisions.
  • SAMEER DarMar 03, 2021 · 4 years ago
    BYDFi, a leading cryptocurrency exchange, recommends diversifying your cryptocurrency investments in 2017. While Bitcoin and Ethereum are solid choices, it's also worth considering other altcoins with unique features and potential for growth. Some notable altcoins in 2017 included Dash, Monero, and NEO. These cryptocurrencies offered privacy features, scalability solutions, and smart contract capabilities, respectively. Remember to always do your own research and consult with a financial advisor before investing.

Top Picks