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What are the best cryptocurrency picks in 2017 according to Raymond James?

avatarHiếu ĐứcDec 17, 2021 · 3 years ago7 answers

According to Raymond James, what were the top cryptocurrency picks in 2017? Can you provide some insights into why these picks were considered the best?

What are the best cryptocurrency picks in 2017 according to Raymond James?

7 answers

  • avatarDec 17, 2021 · 3 years ago
    According to Raymond James, the top cryptocurrency picks in 2017 were Bitcoin, Ethereum, and Ripple. These picks were based on their market performance, technological advancements, and potential for growth. Bitcoin, being the first and most well-known cryptocurrency, had a strong track record and a large market cap. Ethereum, on the other hand, offered a platform for creating smart contracts and decentralized applications, which attracted a lot of attention from developers and investors. Ripple, with its focus on cross-border payments, had partnerships with major financial institutions, which gave it an edge in the market. Overall, these picks were considered the best due to their strong market presence and potential for future growth.
  • avatarDec 17, 2021 · 3 years ago
    Raymond James identified Bitcoin, Ethereum, and Ripple as the top cryptocurrency picks in 2017. Bitcoin, being the pioneer in the cryptocurrency market, had the advantage of widespread adoption and recognition. Ethereum, with its smart contract capabilities, opened up new possibilities for decentralized applications and attracted a lot of developer interest. Ripple, with its focus on improving cross-border payments, had partnerships with major banks and financial institutions, which gave it a competitive advantage. These picks were considered the best because they had a solid foundation, strong market demand, and potential for further growth.
  • avatarDec 17, 2021 · 3 years ago
    According to industry analysis by Raymond James, the top cryptocurrency picks in 2017 were Bitcoin, Ethereum, and Ripple. These picks were based on factors such as market capitalization, technological innovation, and adoption by major players in the industry. Bitcoin, as the first and most well-known cryptocurrency, had a strong market presence and was widely accepted as a store of value. Ethereum, with its smart contract capabilities, offered a platform for creating decentralized applications and attracted a large developer community. Ripple, with its focus on improving international remittances, had partnerships with major banks and financial institutions, which gave it credibility and potential for growth. These picks were considered the best due to their strong fundamentals and potential for long-term success.
  • avatarDec 17, 2021 · 3 years ago
    In 2017, Raymond James identified Bitcoin, Ethereum, and Ripple as the top cryptocurrency picks. Bitcoin, being the first and most well-established cryptocurrency, had a strong track record and a large market cap. Ethereum, with its smart contract capabilities, provided a platform for creating decentralized applications and attracted a lot of attention from developers. Ripple, with its focus on improving cross-border payments, had partnerships with major financial institutions, which gave it an advantage in the market. These picks were considered the best because they had a proven track record, innovative technology, and potential for widespread adoption.
  • avatarDec 17, 2021 · 3 years ago
    According to Raymond James, the top cryptocurrency picks in 2017 were Bitcoin, Ethereum, and Ripple. Bitcoin, being the pioneer in the cryptocurrency market, had the advantage of being the most recognized and widely accepted cryptocurrency. Ethereum, with its smart contract capabilities, offered a platform for creating decentralized applications, which attracted a lot of interest from developers and investors. Ripple, with its focus on improving cross-border payments, had partnerships with major financial institutions, which gave it credibility and potential for growth. These picks were considered the best because they had a strong market presence, innovative technology, and potential for future adoption.
  • avatarDec 17, 2021 · 3 years ago
    Raymond James identified Bitcoin, Ethereum, and Ripple as the top cryptocurrency picks in 2017. Bitcoin, being the first and most well-known cryptocurrency, had a strong market presence and a large user base. Ethereum, with its smart contract capabilities, opened up new possibilities for decentralized applications and attracted a lot of attention from developers. Ripple, with its focus on improving cross-border payments, had partnerships with major financial institutions, which gave it an advantage in the market. These picks were considered the best due to their strong market performance, technological advancements, and potential for future growth.
  • avatarDec 17, 2021 · 3 years ago
    According to Raymond James, the top cryptocurrency picks in 2017 were Bitcoin, Ethereum, and Ripple. Bitcoin, being the pioneer in the cryptocurrency market, had a strong track record and a large market cap. Ethereum, with its smart contract capabilities, offered a platform for creating decentralized applications, which attracted a lot of interest from developers and investors. Ripple, with its focus on improving cross-border payments, had partnerships with major financial institutions, which gave it an edge in the market. These picks were considered the best due to their strong market presence, technological advancements, and potential for future growth.