How I would invest 1000$ in Cryptocoins Altcoins and BTC today.
Please don’t take my words as financial advices, these are just my simple considerations.
First of all try to understand if you will try to take profits in the short or long terms .
HAVING A MASTER PLAN TO FOLLOW IS A KEY POINT WHEN INVESTING. It will allow you to be relaxed also when the market is not positive.
-stay informed
-Keep trace fo your movements on an excel sheet and on some mobile app such as blockfolio.
2. BUILD YOUR BASE
Bitcoin , Litocin and Ethereum are your pillars.
Put on it 70% of your investment divided in this way.
-Bitcoin 200$ (BTC)
(it is in the all time high and will not double his pricy easly)
-Litcoin 300$ (LTC)
( it went thorugh some corrections, It is aspected to double in value with in the first quarter of 2018)
-Ethereum 200$ (ETH)
(it has a stable growth and is backed by a genius, moreover it is a platoform used to lunch many new cryptocoins in the market in the form of ICO)
3. HIGH SPECULATIVE BUT VALID PROJECTS
You are now left with 300 $. Try to put 100$ of them in each coins that might grow faster then BTC. Your aim here is to convert part of them in BTC once their intial price goese up 2x to 10x
N.B. (never sell out all your position of these coins. These conia which, now have a relative low value have the potential to become big as Litecoin or Ethereum).
My favourite right now are the following and if you buy them right now (17.12.17) the price is quite fair.
-Electroneum (ETN).
It had an amazing marketing campaign and a good a coin lunch (ICO). Is now at a really cheap price but you should aspect ETN to give you 10X profits in few months.
- Verge (XVG).
The project behind this project focus on Privacy that is now days a big issue. The coin recieved the attention of influenti pepole such as MCaffee. Just few days after his verge raccomandation tweet the coin's price went crazy reaching yesterday an all time high. it now went back to a fair price
-Cardano (ADA) .
Behind this project there are sicentists and researchers and all the improvments they make are published in peer review scientific journal. The tema is amazing as the ambtious project. Also here the price skyrocketed between yesterday and today (16 to 17 - 12–2017) but you can buy now at a lower price that is ok.
This is my point of view and this doesn’t mean is the best one or that you need to follow this advices. Please keep yourself informed and be responsible . Use just money you don’t need at all and you can effort to lose with no consequences.
For other valido crypto look at Steem, Dragonchain, Iota and many others can be found on my blog .
I hope this helps.