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
I suggest investing on coins that are less than $1, in that way you can buy a lot of coins and when the price pump you can profit a lot but before buying you should research about the coin, make sure that the people behind the project are active,make sure that it is increasing in price through time and make sure that the coin is promising. Also if the coin's price drop you shouldn't fret or panic, hold the coin and wait for the price to pump. Always sell to profit! Btw don't invest on coins which are on the market for 3-4 years but the price is still less than $1 it's never profitable.