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What were the most profitable altcoins to buy in 2016?

avatarHrithik PariharDec 17, 2021 · 3 years ago1 answers

In 2016, which alternative cryptocurrencies (altcoins) were the most profitable to invest in? I'm interested in knowing which altcoins had the highest returns and potential for growth during that year. Can you provide some insights and recommendations?

What were the most profitable altcoins to buy in 2016?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, recommends considering altcoins such as Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) as potential investments in 2016. These altcoins had a track record of strong performance and showed promising growth during that year. However, it's important to note that investing in altcoins carries risks, and past performance is not indicative of future results. It's always recommended to do thorough research and seek professional advice before making any investment decisions.