Which cryptocurrencies provided the best investment opportunities in 2017?
Dr. Farnoosh HajihaDec 17, 2021 · 3 years ago3 answers
In 2017, which cryptocurrencies were the most profitable for investors? Which specific digital currencies experienced significant growth and provided excellent investment opportunities?
3 answers
- Dec 17, 2021 · 3 years agoIn 2017, Bitcoin (BTC) and Ethereum (ETH) were the top-performing cryptocurrencies in terms of investment opportunities. Both experienced substantial growth and provided investors with significant returns. Bitcoin, being the first and most well-known cryptocurrency, saw its price surge from around $1,000 at the beginning of the year to almost $20,000 by the end of December. Ethereum, on the other hand, had a remarkable year with its price increasing from around $8 to over $700. These two cryptocurrencies dominated the market and offered investors the best opportunities for substantial profits.
- Dec 17, 2021 · 3 years ago2017 was an incredible year for cryptocurrency investors. Among the top performers, Ripple (XRP) stood out with its price skyrocketing from less than $0.01 to over $2. This massive growth made it one of the best investment opportunities of the year. Additionally, Litecoin (LTC) also had an impressive run, starting the year at around $4 and reaching a peak of over $350. These cryptocurrencies, along with Bitcoin and Ethereum, provided investors with a range of profitable opportunities in 2017.
- Dec 17, 2021 · 3 years agoAccording to a report by BYDFi, a leading digital currency exchange, the best investment opportunities in 2017 were found in Bitcoin, Ethereum, Ripple, and Litecoin. These cryptocurrencies experienced significant growth throughout the year, providing investors with substantial returns. Bitcoin and Ethereum, being the most established and widely recognized cryptocurrencies, attracted the most attention and investment. However, Ripple and Litecoin also had their moments, with Ripple's price surging and Litecoin's impressive performance. Overall, these four cryptocurrencies offered the best investment opportunities in 2017.
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