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How did Motley Fool Stock Advisor perform in terms of cryptocurrency picks in 2017?

avatarDenkiDec 26, 2021 · 3 years ago3 answers

Can you provide an overview of how Motley Fool Stock Advisor performed in terms of its cryptocurrency picks in 2017? Were their recommendations successful?

How did Motley Fool Stock Advisor perform in terms of cryptocurrency picks in 2017?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Motley Fool Stock Advisor had mixed results with its cryptocurrency picks in 2017. While some of their recommendations performed well and generated significant returns, others did not fare as well. It's important to note that the cryptocurrency market is highly volatile and unpredictable, so even experienced analysts can have both successful and unsuccessful picks. Overall, Motley Fool Stock Advisor's performance in terms of cryptocurrency picks in 2017 can be considered average.
  • avatarDec 26, 2021 · 3 years ago
    In 2017, Motley Fool Stock Advisor provided recommendations for cryptocurrencies. Some of their picks performed exceptionally well, resulting in substantial gains for investors. However, there were also instances where their picks did not meet expectations. It's worth noting that the cryptocurrency market is highly volatile, and even the most knowledgeable experts can't always predict its movements accurately. Therefore, it's essential to conduct thorough research and exercise caution when investing in cryptocurrencies based on any recommendations, including those from Motley Fool Stock Advisor.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, analyzed the performance of Motley Fool Stock Advisor's cryptocurrency picks in 2017. According to their findings, Motley Fool Stock Advisor's recommendations had a success rate of approximately 60%. While this is a decent success rate, it's important to remember that the cryptocurrency market is highly volatile, and even the most accurate predictions can be subject to unexpected market fluctuations. Therefore, it's crucial to diversify your investments and not solely rely on any single source of advice when it comes to cryptocurrency investments.