common-close-0
BYDFi
Trade wherever you are!

What are the top cryptocurrency picks for 2018?

avatarRa LphDec 17, 2021 · 3 years ago3 answers

Can you provide some insights into the top cryptocurrency picks for 2018? I'm looking for expert opinions on which cryptocurrencies have the potential for significant growth and should be considered for investment.

What are the top cryptocurrency picks for 2018?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    As an expert in the field, I can suggest a few top cryptocurrency picks for 2018. One of my recommendations is Bitcoin (BTC), the pioneer and most well-known cryptocurrency. Despite its volatility, Bitcoin has shown resilience and has the potential for further growth. Another promising cryptocurrency is Ethereum (ETH), which is not only a digital currency but also a platform for decentralized applications. Ethereum's smart contract capabilities make it an attractive choice for developers and investors alike. Ripple (XRP) is another cryptocurrency worth considering. It aims to revolutionize cross-border payments and has already partnered with major financial institutions. Lastly, I would also keep an eye on Litecoin (LTC), which offers faster transaction confirmation times and a different mining algorithm than Bitcoin. These are just a few picks, and it's important to do thorough research and consider factors like market trends and project fundamentals before making any investment decisions.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to the top cryptocurrency picks for 2018, it's important to remember that the market is highly volatile and unpredictable. While some experts may have their favorites, it's crucial to conduct your own research and make informed decisions. That being said, Bitcoin (BTC) and Ethereum (ETH) are often considered safe bets due to their established track records and widespread adoption. However, it's worth exploring other cryptocurrencies like Ripple (XRP), Litecoin (LTC), and even newer projects that show potential. Diversification is key in the cryptocurrency market, as it helps mitigate risks and maximize potential gains.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has analyzed the market and identified several top cryptocurrency picks for 2018. Bitcoin (BTC) remains a strong contender due to its first-mover advantage and widespread recognition. Ethereum (ETH) is also highly recommended for its smart contract capabilities and active developer community. Ripple (XRP) is another cryptocurrency that has gained significant traction in the financial industry, with partnerships with major banks and payment providers. Additionally, BYDFi suggests considering Litecoin (LTC) for its faster transaction confirmation times and potential for wider adoption. These picks are based on extensive research and market analysis conducted by BYDFi's team of experts.