If i'm looking to make my first crypto purchase, which one would you suggest buying and why? I love ETH because it's established but still not as expensive as BTC, but I also am hearing about TRX (TRON) nonstop...
If lets say I have $500 to start with, what should I buy and why?
I recommend ETH, for the simple fact that it represents the best structure in the market, similar to bitcoin, and for many, ETH is the second currency after Bitcoin, and when Bitcoin reaches its bullish trend phase, ETH will follow .
Another reason is that the market capitalization is high, for this reason at the moment it is a low price that has, by the accumulation phase that presents the market, this analyzed from the point of view of Wyckoff, however another altcoin different , if it goes up in price, but it takes longer and it does not do so immediately as ETH would.
I always consider the current situation and compare with the price level for example, 2018. If we take into account that the ethereum reached the price, for example, $ 1,300, and today it is $ 160, then at least the difference is 8 times. On the basis of but I already give from ethereum at least I will be up to 8 times more than I invested. Other projects will not be able to give such an indicator.