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Which cryptocurrencies are worth investing 700 USD in?

avatarOliver BeresfordDec 28, 2021 · 3 years ago3 answers

I have 700 USD to invest in cryptocurrencies, and I'm wondering which ones are worth investing in. Can you recommend any cryptocurrencies that have the potential for growth and can provide a good return on investment?

Which cryptocurrencies are worth investing 700 USD in?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    As an expert in the field, I would recommend considering Bitcoin, Ethereum, and Binance Coin. These cryptocurrencies have a strong track record and are widely recognized in the market. However, please note that investing in cryptocurrencies carries risks, and it's important to do thorough research and consider your own risk tolerance before making any investment decisions.
  • avatarDec 28, 2021 · 3 years ago
    Well, if I had 700 bucks to invest in cryptocurrencies, I would definitely put some money into Bitcoin. It's the most well-known and established cryptocurrency out there, and it has shown significant growth over the years. Another option could be Ethereum, which has a lot of potential due to its smart contract capabilities. And if you're looking for something a bit different, you might consider Binance Coin, which is the native cryptocurrency of the Binance exchange and has been performing well recently.
  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we believe that diversification is key when it comes to investing in cryptocurrencies. While Bitcoin and Ethereum are popular choices, it's also worth considering other altcoins that have the potential for growth. Some examples include Cardano, Solana, and Polkadot. These cryptocurrencies have unique features and are backed by strong development teams. However, always remember to do your own research and consult with a financial advisor before making any investment decisions.