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What are the best cryptocurrencies to invest in for 2017?

avatarJan FarinellaDec 29, 2021 · 3 years ago3 answers

As an expert in the field of cryptocurrencies, I would like to know which cryptocurrencies were considered the best for investment in 2017. Can you provide me with some insights on the top cryptocurrencies that showed potential for growth and profitability during that year?

What are the best cryptocurrencies to invest in for 2017?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    In 2017, Bitcoin (BTC) was undoubtedly the best cryptocurrency to invest in. With its strong market dominance and widespread adoption, Bitcoin experienced significant price growth throughout the year. It proved to be a safe and profitable investment option for many investors.
  • avatarDec 29, 2021 · 3 years ago
    Ethereum (ETH) was another top cryptocurrency to invest in during 2017. Its smart contract capabilities and the growing popularity of decentralized applications (DApps) made Ethereum a promising investment choice. The price of Ethereum also experienced substantial growth during that year.
  • avatarDec 29, 2021 · 3 years ago
    According to BYDFi, one of the top cryptocurrency exchanges, Ripple (XRP) was a cryptocurrency that showed great potential for investment in 2017. With its focus on facilitating fast and low-cost international money transfers, Ripple gained attention from both individual investors and financial institutions. Its price also saw significant growth in 2017.