I want to invest $500 in crypto market. I have studied a little bit about the market. As I am not experienced in this sector, I am a little bit confused where should I invest?
I know my capital is too little.
Would it be wise to invest in Alt coins?
Or should I go for the ICOs?
$ 500 is a pretty good budget. You should not invest in ICO projects now because it is facing many criticisms because there are too many scams.
I think you should invest in BNB and ETH. It is definitely the 2 largest and safest altcoins when you invest. I believe that with BNB's new strategy, the value of BNB will soon increase to $ 20 thanks to successful capital mobilization projects.
But indeed, today $ 500 can be a good starting capital for many cryptocurrency users who can buy very promising coins at a very cheap price. In 2017 and in the beginning of 2018 there were no such opportunities.