Which cryptocurrencies were recommended for long-term holding in 2017?

6 answers

• Nov 24, 2021 · 3 years ago
  In 2017, there were several cryptocurrencies that were recommended for long-term holding. Bitcoin, being the first and most well-known cryptocurrency, was often mentioned as a safe bet for long-term investment. Ethereum, with its smart contract capabilities, was also highly recommended. Other coins that received recommendations included Ripple, Litecoin, and Dash. These coins were believed to have strong potential for growth and were backed by solid technology and development teams.
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• Nov 24, 2021 · 3 years ago
  Ah, 2017, the year of the crypto boom! Many experts were bullish on Bitcoin and Ethereum for long-term holding. Bitcoin, being the king of cryptocurrencies, was seen as a safe choice due to its market dominance and wide acceptance. Ethereum, on the other hand, was praised for its smart contract capabilities and potential to revolutionize industries. Apart from these two giants, Ripple, Litecoin, and Dash were also mentioned as promising coins to hold for the long run. It's important to note that the crypto market is highly volatile, so it's always wise to do your own research before making any investment decisions.
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• Nov 24, 2021 · 3 years ago
  Well, in 2017, there were a lot of cryptocurrencies that were recommended for long-term holding. Bitcoin, of course, was the top pick for many investors. It's the OG cryptocurrency and has proven its worth over the years. Ethereum was another popular choice, mainly because of its smart contract functionality. Ripple, Litecoin, and Dash were also mentioned as potential long-term holds. These coins had their own unique features and were believed to have the potential for growth. Remember, though, that the crypto market is highly unpredictable, so it's important to diversify your portfolio and not put all your eggs in one basket.
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• Nov 24, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that in 2017, there were several cryptocurrencies that were recommended for long-term holding. Bitcoin, being the pioneer and most established cryptocurrency, was a popular choice for many investors. Ethereum, with its smart contract capabilities, was also highly regarded. Ripple, Litecoin, and Dash were also mentioned as coins with potential for long-term growth. It's important to note that the cryptocurrency market is highly volatile and can be influenced by various factors, so it's always advisable to do thorough research and consult with professionals before making any investment decisions.
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• Nov 24, 2021 · 3 years ago
  In 2017, the cryptocurrency market was booming, and there were several coins that were recommended for long-term holding. Bitcoin, being the first and most well-known cryptocurrency, was a popular choice among investors. Ethereum, with its smart contract capabilities, was also highly recommended. Ripple, Litecoin, and Dash were mentioned as coins with potential for growth and were backed by strong communities and development teams. It's important to note that the cryptocurrency market is highly speculative and can be subject to significant price fluctuations, so it's crucial to do your own research and make informed investment decisions.
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• Nov 24, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends Bitcoin, Ethereum, Ripple, Litecoin, and Dash as some of the top cryptocurrencies for long-term holding in 2017. These coins have shown strong performance and have a solid track record in the market. However, it's important to note that investing in cryptocurrencies carries risks, and it's always advisable to do thorough research and seek professional advice before making any investment decisions.
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