I have 500$ USD I want to spend in either ETH or BTC...... any suggestions at the current price and or events?
Relatively new on this so please bear with me
If I prefer bitcoin rather than ethereum, because bitcoin has a good future for investment. But if you are in doubt, you can buy both, half for bitcoin and the other half for ethereum.
I would not suggest that. Bitcoin is forever the king of crypto whatever its price is. Ethereum is also a projec that is going to be big future too but for traders this may not be the time period for a good investment. Currently ether price is high because of a upcoming Hard Fork. I would suggest people to sell ether and take advantage of this price pump than wait it out.
As for portfolios Bitcoin should be 60% or more.