Hello, It's my first steps in Crypto World. Great Community, read a lot of useful stuff.
I want to start investing in currencies/assets.
At this time I'm low on budget, can invest max $400-500.
So investing in top currencies is not worth I think.
Which would be better to research solid cryptocurrency that already exists or invest this money into ICO-s (I know risk are high when we are talking about ICO)?
Or wait till I raise my funds like 1k or more.
I know on this budget long-term is a little stupid, so which will be better for the short-term period.
I have researched some of the projects , that I think is worth to invest. BAT, OMG, LISK, NEO.
Any advice will be helpful. Thanks in advance
You should start investing as much as you can afford. You don't need to be buying 1 whole coin to start making profits. Invest on smaller fractions of coins which have good potential. Don't forget about opportunity cost. You will be missing out the potential gain if you wait to raise your funds to 1k.
Also beaware of users who will encourage you to invest on some shit coins. They are from pump/dump groups wanting to make some quick profit.