common-close-0
BYDFi
Trade wherever you are!

What are the top altcoins to buy in 2018?

avatarHerr Kubi Marco KubitzaDec 18, 2021 · 3 years ago3 answers

Can you recommend some of the best altcoins to invest in for the year 2018? I'm looking for altcoins with potential for growth and good returns.

What are the top altcoins to buy in 2018?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! Here are a few altcoins that you might consider investing in for 2018: 1. Ethereum (ETH): As the second largest cryptocurrency, Ethereum has a strong development team and a wide range of applications. Its smart contract capabilities make it a promising investment. 2. Ripple (XRP): Ripple aims to revolutionize the way cross-border payments are made. With partnerships with major banks and financial institutions, Ripple has the potential for significant growth. 3. Litecoin (LTC): Often referred to as the silver to Bitcoin's gold, Litecoin offers faster transaction confirmation times and a different hashing algorithm. It has a strong community and a solid track record. 4. Cardano (ADA): Cardano is a blockchain platform that aims to provide a more secure and sustainable platform for the development of decentralized applications. It has a strong team and a unique approach to blockchain technology. Remember, investing in altcoins carries risks, so it's important to do your own research and consider factors such as market trends, team reputation, and project fundamentals before making any investment decisions.
  • avatarDec 18, 2021 · 3 years ago
    There are many altcoins to choose from, but it's important to do thorough research before investing. Look for altcoins with a strong development team, a clear use case, and a solid track record. Consider factors such as market demand, competition, and potential for growth. Remember, investing in altcoins can be highly volatile, so it's important to diversify your portfolio and only invest what you can afford to lose.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends considering altcoins such as Ethereum, Ripple, Litecoin, and Cardano for potential investment in 2018. These altcoins have shown promise in terms of technology, partnerships, and community support. However, it's important to note that investing in altcoins carries risks and it's always advisable to do your own research and seek professional advice before making any investment decisions.