What were the top performing cryptocurrencies for options trading in 2017?
Rob ChambersDec 18, 2021 · 3 years ago3 answers
Can you provide a list of the top performing cryptocurrencies for options trading in 2017? I'm interested in knowing which cryptocurrencies had the highest returns and were popular among options traders during that year.
3 answers
- Dec 18, 2021 · 3 years agoSure! In 2017, some of the top performing cryptocurrencies for options trading were Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Dash (DASH). These cryptocurrencies experienced significant price increases and were actively traded by options traders. It's important to note that the performance of cryptocurrencies can vary and past performance is not indicative of future results.
- Dec 18, 2021 · 3 years ago2017 was a great year for options traders in the cryptocurrency market. Bitcoin (BTC) was the star performer, with its price skyrocketing from around $1,000 at the beginning of the year to over $19,000 by the end of December. Ethereum (ETH) also had an impressive run, starting the year at around $8 and reaching a peak of over $1,400. Other notable performers include Ripple (XRP), Litecoin (LTC), and Dash (DASH). These cryptocurrencies provided opportunities for options traders to profit from their price movements.
- Dec 18, 2021 · 3 years agoAccording to data from BYDFi, the top performing cryptocurrencies for options trading in 2017 were Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Dash (DASH). These cryptocurrencies had significant price appreciation and attracted a lot of attention from options traders. It's important to do your own research and consider the risks involved before engaging in options trading.
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