Hi to all and a Happy new year! May that 2018 bring you 50x!
As I joined the crypto movement last summer (August 2017) and managed to have a 4x on my portfolio till now, I saw a lot of changes and raises in the market.
Hearing about how a did a handful of my friends want to invest now.
I knew what to advise them back in...let's say September 2017, but now the market is a totally new beast and I'm puzzled.
So, that's why I'm asking you - "In what would you invest if you had $5000 right now?"
Thank you in advance for all your answers.
You always want to diversify your portfolio, regardless of what you put your money into (be it stocks, crypto, land, etc.). With that in mind, I'd probably split my money between LTC, ETH, and BTC, with BTC having $3000 and LTC and ETH having 1000 each. We've seen that Bitcoin often rises when the altcoins go down, so by having some holding in both, you're able to assume a level of safety when one or the other goes down. Furthermore, when ETH and LTC go up, they're pretty explosive, so you'll end up getting some nice gains from that. I like to stick to significant coins based on their market caps so that I don't get stuck with a coin that can instantly drop dead.