common-close-0
BYDFi
Trade wherever you are!

What are some promising altcoins to invest in during 2017?

avatarDaniel MilianowskiDec 19, 2021 · 3 years ago3 answers

Can you recommend some altcoins that showed promise for investment during the year 2017? I am looking for potential altcoins that have good growth prospects and could provide a profitable investment opportunity. Could you please provide some insights and recommendations?

What are some promising altcoins to invest in during 2017?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Sure, there were several altcoins that showed promise for investment during 2017. One such altcoin is Ethereum (ETH). Ethereum is a decentralized platform that enables the creation of smart contracts and decentralized applications. It gained significant attention and investment during 2017 due to its potential to disrupt various industries. Another altcoin worth considering is Ripple (XRP). Ripple aims to enable fast and low-cost international money transfers. It has partnered with several major financial institutions, which adds to its credibility. Additionally, Litecoin (LTC) also had a promising year in 2017. It is often referred to as the silver to Bitcoin's gold and has a strong community and development team behind it. These are just a few examples, and it's important to do thorough research and analysis before making any investment decisions.
  • avatarDec 19, 2021 · 3 years ago
    Hey there! Looking for some altcoins to invest in during 2017? Well, you're in luck! Ethereum (ETH) was definitely one of the top contenders. It's a blockchain platform that allows developers to build and deploy smart contracts and decentralized applications. With its growing popularity and potential use cases, Ethereum attracted a lot of attention from investors. Another altcoin you might want to consider is Ripple (XRP). Ripple aims to revolutionize the way international money transfers are done, making them faster and cheaper. It has already partnered with major banks and financial institutions, which is a good sign for its future growth. And let's not forget about Litecoin (LTC). It's often seen as the little brother of Bitcoin, but it has its own unique features and a dedicated community. These are just a few altcoins to keep an eye on, but remember to do your own research before investing!
  • avatarDec 19, 2021 · 3 years ago
    When it comes to promising altcoins in 2017, one cannot ignore Ethereum (ETH). Ethereum is a decentralized platform that allows developers to build and deploy smart contracts and decentralized applications. Its potential to disrupt various industries and its growing community made it an attractive investment option. Another altcoin worth considering is Ripple (XRP). Ripple aims to revolutionize the traditional banking system by enabling fast and low-cost international money transfers. It has already partnered with major financial institutions, which adds to its credibility. Lastly, Litecoin (LTC) also had a promising year in 2017. It offers faster transaction confirmation times and a different hashing algorithm than Bitcoin, making it a popular choice among investors. Remember, always do your own research and consider factors like market trends and project fundamentals before investing in any altcoin.