I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.
What replacement coins would you recommend?
If you have 800 dollars and you want to invest that 800 dollars then I always recommend you to invest in the best coins in the market. I will never advise you to invest in bad coins. Especially I will suggest you to invest only in Bitcoin because Bitcoin investment is the best coin among all investments. But you have to invest and hold, you can't rush, if you rush, you won't be able to get good returns from your investment.
I do agree that BTC would be the most stable investment, however, it doesn't end there - it's great to have both it and alts in your portfolio, something around 70 to 30 in terms of %, in my opinion.