...I'm thinking of investing $1k into BTC as its low risk but I would like to risk the the other $500 with a coin that I can make quick money with it
Even if you had experience trading cryptocurrency, you would not be able to earn quickly. Using risky schemes would result in you losing your Deposit in the shortest possible time. But there are really working schemes to get a profit by participating in IEO, which are held on top exchanges. But the budget you specify will not be enough for this.
not really, the important thing is how you see the market situation, for 2 months the btc has not experienced a drastic increase or decrease.
but some altcoins experienced a very high increase in a period of 7 days, 14 days, 30 days.
I will mention the names of the coins BAND, ERD, KAVA, and many others.
You can see the graphic on Coingecko for more details.