So I am planning on putting 500 euros on Eth and Btc each(1000 in total) to hold for long term. Is it a bad time to invest in those crypto-currencies?
I think investing in bitcoin will be more beneficial . If we see the market now , all other altcoins have faded in front of bitcoin . I think the amount you are investing is not very huge and there might be very negligible profits using it .
The time for investing in bitcoin is best as it is hiking everyday . But all other altcoins must be avoided in such case.