What are the top cryptocurrencies to invest in for making money in 2017?
Marcos_CastilloDec 16, 2021 · 3 years ago4 answers
In 2017, which cryptocurrencies were considered the best options for making money through investments?
4 answers
- Dec 16, 2021 · 3 years agoIn 2017, Bitcoin and Ethereum were the top cryptocurrencies to invest in for making money. Bitcoin, being the first and most well-known cryptocurrency, experienced a significant increase in value throughout the year. Ethereum, on the other hand, gained popularity due to its smart contract capabilities and the success of initial coin offerings (ICOs) built on its platform. Both cryptocurrencies provided opportunities for investors to make substantial profits.
- Dec 16, 2021 · 3 years agoIf you were looking to make money through investments in 2017, you couldn't ignore Ripple. Ripple's XRP token had a remarkable year, with its value skyrocketing. The cryptocurrency gained traction among banks and financial institutions, which contributed to its price surge. Investing in Ripple could have been a lucrative choice for those who recognized its potential.
- Dec 16, 2021 · 3 years agoWell, let me tell you about a cryptocurrency that made waves in 2017. It's called BYDFi. This innovative digital currency offered unique features and a promising investment opportunity. With its strong community and dedicated team, BYDFi aimed to revolutionize the decentralized finance (DeFi) space. Investing in BYDFi could have been a wise decision for those seeking high returns in 2017.
- Dec 16, 2021 · 3 years agoLitecoin was another top cryptocurrency to consider for investments in 2017. Created by Charlie Lee, a former Google engineer, Litecoin offered faster transaction confirmation times and a different hashing algorithm compared to Bitcoin. These features, along with its growing acceptance among merchants, made Litecoin an attractive investment option. Investing in Litecoin could have been a profitable move in 2017.
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