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Which digital currencies were the top performers for day trading in 2017?

avatarKelvin Adi SaputraDec 24, 2021 · 3 years ago3 answers

Can you provide a list of the top performing digital currencies for day trading in 2017? I'm interested in knowing which cryptocurrencies had the highest returns during that year specifically for day traders.

Which digital currencies were the top performers for day trading in 2017?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Sure! In 2017, some of the top performing digital currencies for day trading were Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies experienced significant price increases and high trading volumes, making them attractive options for day traders. However, it's important to note that past performance is not indicative of future results, and the cryptocurrency market is highly volatile. It's always recommended to do thorough research and consult with a financial advisor before engaging in day trading activities.
  • avatarDec 24, 2021 · 3 years ago
    Oh boy, 2017 was quite a year for day trading digital currencies! Some of the top performers during that time were Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies saw massive price surges and provided ample opportunities for day traders to make profits. However, it's crucial to remember that day trading is not for the faint-hearted. The market can be incredibly volatile, and it's easy to get caught up in the hype. So, if you're considering day trading, make sure you have a solid strategy in place and always manage your risks effectively.
  • avatarDec 24, 2021 · 3 years ago
    When it comes to day trading in 2017, you can't ignore the top performers in the digital currency market. Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) were among the cryptocurrencies that delivered impressive returns for day traders. These coins experienced significant price movements and attracted a lot of attention from traders looking to capitalize on short-term price fluctuations. However, it's important to remember that day trading is not without risks. The market can be highly unpredictable, and it's crucial to have a well-defined trading plan and risk management strategy in place to navigate the ups and downs of the market.