What are the top cryptocurrency investments recommended by Zacks for 2018?

6 answers

• Dec 27, 2021 · 3 years ago
  Sure, I can help you with that! According to Zacks, some of the top cryptocurrency investments for 2018 include Bitcoin, Ethereum, Ripple, Litecoin, and NEO. These cryptocurrencies have shown strong growth potential and have a solid track record. However, it's important to note that the cryptocurrency market is highly volatile and investing in cryptocurrencies carries risks. It's always a good idea to do your own research and consult with a financial advisor before making any investment decisions.
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• Dec 27, 2021 · 3 years ago
  Absolutely! Zacks recommends considering Bitcoin as one of the top cryptocurrency investments for 2018. Bitcoin has been the most well-known and widely used cryptocurrency for several years now, and it continues to dominate the market. Its strong brand recognition, widespread acceptance, and limited supply make it an attractive investment option. However, it's important to keep in mind that the cryptocurrency market is highly volatile, and prices can fluctuate dramatically. Therefore, it's crucial to stay informed and make informed investment decisions.
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• Dec 27, 2021 · 3 years ago
  Well, according to Zacks, one of the top cryptocurrency investments for 2018 is Ethereum. Ethereum is not just a cryptocurrency but also a decentralized platform that enables the creation of smart contracts and decentralized applications (DApps). It has gained significant attention and adoption in recent years due to its potential to revolutionize various industries. Ethereum's native cryptocurrency, Ether, is used to power the platform and is considered a solid investment option. However, as with any investment, it's important to carefully consider the risks and conduct thorough research before making any decisions.
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• Dec 27, 2021 · 3 years ago
  Zacks recommends Ripple as one of the top cryptocurrency investments for 2018. Ripple is a digital payment protocol that enables fast and low-cost international money transfers. It has gained significant traction in the banking industry, with many financial institutions adopting its technology. Ripple's native cryptocurrency, XRP, is used to facilitate transactions on the Ripple network and has shown strong growth potential. However, it's important to note that Ripple's relationship with traditional financial institutions has been a subject of debate, and investing in XRP carries its own set of risks.
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• Dec 27, 2021 · 3 years ago
  Litecoin is another top cryptocurrency investment recommended by Zacks for 2018. Created by Charlie Lee, a former Google engineer, Litecoin is often referred to as the silver to Bitcoin's gold. It offers faster transaction confirmation times and a different hashing algorithm, making it a popular choice for those looking for a more efficient and scalable cryptocurrency. However, it's important to remember that the cryptocurrency market is highly volatile, and investing in Litecoin, like any other cryptocurrency, carries risks.
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• Dec 27, 2021 · 3 years ago
  NEO, often referred to as the 'Chinese Ethereum,' is also recommended by Zacks as a top cryptocurrency investment for 2018. NEO is a blockchain platform that aims to digitize assets and automate the management of digital assets using smart contracts. It has gained significant attention in China and has been dubbed the 'Ethereum of China.' NEO's native cryptocurrency, GAS, is used to power the platform and has shown strong growth potential. However, as with any investment, it's important to carefully consider the risks and conduct thorough research before making any decisions.
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