Bitcoin Forum

How to invest i mean how to diverse 1000

On altcoins how much to buy of each coin?!

In safe way and profitable

Can you be a little more specific? What do you mean by diverse? Are you looking for percentage for allocating $1k funds equally? Then you need to first find on how many tokens you would like to invest and which tokens are safe in a volatile crypto market. Then decide on which token you will like to allocate more funds. You have to do your homework and research first before asking the forum.

If you're asking us how to invest your money (and in altcoins lol), maybe you shouldn't do "investing". Do the work and decision-making yourself, or don't "invest" at all. Imagine trusting the investing knowledge of random online people online man, make it make sense.

I don't understand your statement clearly, but I think you want to invest $1000 in different altcoins. Although you have not mentioned the name of the coin, most of the investors have a personal plan to invest in a particular coin. However, if you want to invest $1000 in altcoins, you can focus on the most reliable coins in the market instead of looking at the cheapest coins in the market. In that case you can invest in top coins like Ethereum, BNB, Solana, Dot, Litecoin. I think if you invest in these coins and hold, you will get good returns from here in future.

Investing in cryptocurrencies can be risky, but if done wisely it can also be profitable. In order to invest $1000 in potentially profitable coins, a recommended strategy involves allocating 50% of your funds into safe and relatively well established projects like Bitcoin, Ethereum and Solana. The remaining 50% should be invested in promising projects within the artificial intelligence (AI) and real world assets (RWA) sectors, following through research and due diligence. DYOR

with that amount of money personally In don't think you need to diversify it too much 3 coins probably suffice and I'm talking about coin that have largest market cap at least if you try to find stability in your investment but if you prefer short term holding for more profit then it is probably newer altcoin that have reached around sub $1 billion market cap that just got introduced and listed in new exchange they probably could be a good alternative if you want a more fast paced investment since i know that some people would prefer to get rich faster but also need to remember that being rich faster could also mean the opposite which is being broke faster.
key takeaway, just invest in a coin like bitcoin, ethereum, and some other coin that have big market cap and good liquidity at least and you're already set.
no need to be too fixated on diversifying since if your capital isn't much diversifying might cause you to lose effectiveness in your investment where it might overcomplicate things on your end and might just make you confused.

Probably divide it into 500:500, it's caused by this amount of money is pretty small. It's hard to divide it into the so many parts. You can focus on 1 or 2 legit tokens to maximizing your investment. Im not suggest you to divided it into the so many altcoins.

it's hard to know that considering the fact that if you are only having small amounts of money. Low cap altcoins much more preferrable in this case since your money is limited. I will never suggest you to invest in the high marketcap of token since it will be useless.
Then, try to take a look at some low-marketcap tokens available in the market. It will give you a small insight into that.

The better to invest during the bear market but you can also try understand the trend in the market too.

You want a safe and profitable? So, you want someone to do the maneuver for your portfolio? If that is so, this is my tip to you.

• $500 for Bitcoin
• $200 for ETH
• $100 for BNB
• $200 for anything you want or memes

This kind of portfolio is safer than you can think of since you're wanting to have altcoins and you've got a bigger part of Bitcoin which balances everything.

When you decide to invest in altcoins, diversification is quite an important thing to do. Diversification can be carried out by managing funds that best suit certain coins. So, let's say you have $1000, then you first decide how many coins you will take.

If, for example, you decide to take 3-4 coins, then make sure you choose the top coins. Apart from that, you also have to pay attention to the price of each coin. So you can confirm the percentage of each coin. It could be an average of 25% per each coin. Or it will be different depending on what coin you choose.

Personally, I would choose only 3 coins:
ETH : 50%
BNB : 30%
XRP or coins under $1 by 20%.
But once again, this is not financial advice, this will depend on your funds and risk management.

If you can't decide yourself on how to invest your hard-earned money, I suggest you shouldn't invest at all.
You have the money, but you don't have the knowledge that will help you decide which coins should you invest your money with. That's dangerous.

Anybody here can say "Invest into meme coins" or "Invest into shitcoins" or "Invest into this type of coin because it will pump soon". I mean anybody can say their token, and some might just PM you and market the token that they're holding or affiliated with. At the end of the day, it must be you who do the decision. Asking here will lead you to nothing, and you might get overwhelmed with the answers.

Well anyway, many already shared their tokens where you can invest your money with. It's up to you now to if which coins are you picking. Good Luck.

he isn't a newbie here in the forum so he must know something but he still asks. if you are not going to gamble the $1000 on blackjack, i guess it fits if you invest in an altcoin that you can also gamble on casinos. buy doge if this is what you have in moind.

but its bull run, its coming and if i am in the position, i would probably spend the $1k to a memecoin. you ask for it and that's my answer, no diversification and all to a memecoin, probably Shib and just wait til the price is good for selling. SHIB is also accepted on stake.com by the way.

There’s no safe way to invest on altcoins because it all volatile once the market turn into general bullish trend. If you want to have a real asset diversification then put most of your coins on Bitcoin and the rest should be split to top altcoins only.

Sticking to high marketcap investments will make you safe to too much volatility while you can still gain a lot since top altcoins usually pump the same way as Bitcoin. The specific percentage depends on you trust the project. Assign it on trust basis so that it will be easy for you to decide rather than follow other users preferences that doesn’t match your own preference.

I have one advice to you by looking at your post. Forget about investing as of now and first learn bit more about Altcoins and then shortlist the Altcoins then you may decide how can you diversify your portfolio because it's not as easy when it comes to Altcoins because it may not regain its ATH once it's dumped unlike Bitcoin hence without knowledge don't invest a penny.

Shortlist the coins and the choose top 5 and share those coins details you will get suggestions and combine it with your own research.

It is only $1000 so go buy litecoin with it. There are potentially 1000% gains imo. LTC has an ETF which is about to get approved by the SEC and it is nearly at its all time lows against BTC. More so, it is the most preferred coin on Bitpay. It is very cheap, it has huge potential. It is like how they said in that famous movie, I am standing in front of a burning house and I am offering fire insurance on it. When people wake up to its potential, it will be already too late. The decision is yours.

Before getting that information, i think OP should learn about another vital knowledge, which is how to extract information from the web or any other source of information. This topic has been discussed here several times and if OP made a little bit of effort, he would have found a lot more information about it. Still, i want to drop my opinion here so that he might find it useful.

With only 1k the best thing you can do is buy some ETH, SOL, TIA, ATOM and use their ecosystem project that has the potential to airdrop in the future. This way you will have exposure to some of the major altcoins and at the same time have a chance to get a lot of free money.

Diversifying investment means investing in asset classes that are not related to each other or are inverse in nature, such as gold and the dollar. Assets that are not related to each other can include cash , cryptocurrencies, gold and silver,  metals, stocks, or any asset whose value is not linked to these assets.

In cryptocurrencies category, most cryptocurrencies follow Bitcoin in terms of price, so this is not diversification, but rather distribution of risks. The more you invest in an altcoin with a low market capacity, the greater the risks and the lower the chances of achieving profits.
Coins that may be good for short-term investment are L2 tokens, memecoins, AI coins.

The diversification in the coins you want to invest in is quite diverse, because everyone has their own allocation. Perhaps the largest allocation can be set for the most trusted investments, such as Bitcoin which has an allocation of around 40%-50% nand the rest can be with ETH and top altcoins. For memecoins it may only be around 10%-5% and this can be set as desired and do not use too much for memecoin or shitcoins. Don't forget to allocate Fiat reserves to reserves when the market crashes or in unpredictable conditions and can make repurchases.

Better spending your $1,000 in two altcoin with potential for trading, I don't think good ideas when put the eggs in one bracket only and better use your money spending with several altcoins kinds. Depend your capital not too bigger so spending two altcoin for investing is worth and invest around $500 each altcoin. Looking with altcoin still have lower price under $20 with potential up few percent in daily and you can take profit without have to be long term holding, based on altcoin with ratio moving few percent every day seems you can trade with altcoin or BNB but price too high and take profit around $20 to $30 how BNB moving price in daily day.
If want get higher risk you can trade with new coins listing in Binance for potential growing up to 50%, but not all new coins listing in binance guarantee raise up in short term.

Everyone will suggest your different coins so I think that after getting these suggestions try to make you own research as it's your money and without you nobody can understand the value of this Sum. If you just want to invest in altcoins then first and foremost option should be Ethereum as due to its use cases the success is more prominent.

BNB also shows greater achievement and if we look towards Solana then rate of success suggests that one should not ignore such a useful coin. Nothing is crypto market is safe but if your investment assets are stronger and has shown its success from years then reduction of risk can make possible.

Maybe you have $1000 in capital to invest in altcoins by diversifying across multiple altcoins?

You can choose which altcoin you want depending on you by doing research because we know that altcoins are so many types available on the market that even in the order of 100 altcoins it has the potential to go up.

I believe more in ETH, BNB and TON for diversification even this is not a suggestion for you because only I myself do a total of all 20% owned from altcoins the rest focus on bitcoin accumulation.

This will depend on how many altcoins you have in mind to buy. If you’re investing such large amount of money in altcoins, make sure you invest more in those coins that show a sign of long term potential than the ones that don’t. Most altcoins are just pump and dump and can only make you rich within a short period of time and not really advisable for long term holding. I will arrange them in a scale of importance and invest more in those that are more promising than those that are still under doubt and not convincing enough to invest in.

You need to detail a little more how you want it. For short, medium, long term? What purpose? Large risk?(memecoins) Low risk?(consolidated currencies) Medium?(launches or projects with large activities...)

It really depends on your profile, don't go into anything to avoid harming yourself.
 ;)

Investing is inherently risky, but going in without a plan or knowledge to back it up is a sure recipe for trouble. There will always be people shilling their favorite currency, hoping you will jump on board. The best attitude is to do your own research, understand the risks involved and only invest what you can afford to lose. If you are not sure, Delay investing because it is not a bad idea. It's always better to be safe than lose it all! Goodluck

1k is good enough amount to at least hold a relatively stable and proven assets unsteady of risking it trying to diversify with altcoins because from my experience, it seems that altcoins have no viable investment future and the risk of losing all the investment is higher with altcoins.

So if I may suggest, I will say then you put the budget on bitcoin and then look for a solid coins like Ethererum to hold as an alternative to the bitcoin.

Personally, I would have invested 50% of that 1k to bitcoin and then I’ll distribute the rest to altcoins.

It honestly depends on which altcoins you want to invest in. I wouldn’t advise investing 10% each. That’s too much altcoins. You can do 25% and 25% or 35% and 15%. You can also split it in three ways if you would like. 20%, 15% and 15%.

You decide depending on how well you think a specific altcoin would perform. Diversification is okay but too much can make you lose focus. I find that just focusing on a few coins at a time works well.

     What cryptocurrency do you want to buy? Is it Bitcoin? meme coins? layer2 coins? or top altcoins in the market? You didn't specify which one you really want to have. Do you want to divide the $1,000 you have into five cryptocurrencies?

     If you want to make sure that you will earn, you can make 500 dollars in bitcoin and do that with the 500 dollars that are left. Divide the 250 dollars in SOL and the 250 dollars that you allocate to Pepe or Bome. This is just my suggestion.

Op please tell in simple grammar because as it is, I am confused of how to respond or to start. Well let me also beat around the bush to answer your question. If you looking for an investment platform when you can invest with $1000 from among the altcoins then I will make a little list for you to see. And Ethereum, Solana, Dogecoin and finally Eloncoin and among all Eloncoin has the minimum wage to invest in and it has promising life in the future so your profit making is very much sure to come. Ethereum and Solana are also good but for now their network is congested so if you are investing in them, the amount you will get will not big enough so I will advise you to invest either in Eloncoin or Dogecoin.

OP, it seems you dont have nay altcoin in mind and that we cant choose for you. I may consider ETHFI, SOL and BOMO if i were you but am not advising you to invest in them. This is because you have to make your own decision when it comes to investment. It is good to listen to opinions but it is compulsory you make your decisions based on your level of income so that you wont invest what you cant afford to lose. I would suggest you continue learning more about altcoins by so doing you will find the ones you are interested in and you would know how much you will choose to allocate into them inside the 1k disposable fund.

Hey mate if you are brand new and have no idea about investing then I would say take time and get enough experience in investment relationship then invest. If you are not very experienced in investment then you can not bring success of that investment by investing. There are certain strategies of investing which must be followed otherwise you will never succeed in investing.

There are thousands of coins to invest in. Which coins you invest in is your personal choice. If you invest in low cost coins you can get a lot of coins per dollar. Again if you invest in higher priced coins then you can get small amount per dollar it will mainly depend on the price of the coin.

If you rely on Bitcoin and Ethereum to invest, your investment will be highly dependent, and if you rely on others altcoins (such as Shitcoin), there will be more risk. But I would always say to go with top coins and not to go with shitcoins because top coins will keep you much safer.

Before investing, the investor should observe where he is interested. He need to chose a good platform. We know that altcoins are risky to invest but still if someone wants to invest in 1K then I would directly suggest him to invest in those projects that have their own blockchain. Those who are fundamentally strong. Because there are some projects in altcoins that if you invest in them and hold them for a long time, there may be a crisis of existence. Moreover, there are many suspicions of altcoins and it is difficult to identify which coins are scams. However, if you invest in top level projects such as Ether, BNB or Sol, the investor will not lose all his money. I would definitely give Ether the highest priority when it comes to investing in altcoins.Investing in this platform allows an investor to be risk-free and has the potential to reap great rewards in the future.

Lol, I came here looking for a strategy to follow. Anyway, my opinion would be to first invest in Bitcoin. Let's assume you've already invested in Bitcoin and you have an extra $1000 to spare, I'd say to invest $400 ETH, $300  Ravencoin, $200 in Litecoin, and $100 spare for various( of course not just one) coins of quick pumps and tokens. This last one is risky that's why the allotted case to it is smaller.

And again, if by the time of reading you realize that there are better coins out there, I'd say you ditch mine for what you want. but let it be in the allotted amount according to the highest-paid coin.

In fact, if you want to invest you have to do your own research first, if you already have a choice then ask for input here. If you ask like that without mentioning altcoins, you will get a lot of input on which altcoin you would invest in with the $1000 you have, making you confused yourself, the advice you receive will be different because there are quite a lot of altcoins.

But what is clear is that if you want to be safe and profitable, you can allocate your funds to ETH %50, BNB %30, and SOL %20 because these three Altcoins have good potential for the future. If you don't understand altcoins yet, avoid new altcoins and of course meme coins because the risk is very high if you can't analyze them well. However, whatever your altcoin of choice, prioritize investing in bitcoin.

If you want to take less risk then you should decide to invest in Bitcoin. It seems that you are a newbie, so it is best for newbies to invest in Bitcoin and hold for a long time. Now if you want to invest in altcoins you have to take high risk. You don't invest in altcoins for high profits. You can invest mostly in Bitcoins and along with investing in Bitcoins you can also invest in some of the popular altcoins in the market. My suggestion is (Bitcoin 50% Ethereum 25% BNB 10% Solana 15%), invest in these coins.

Anay place we want to invest money into, it is important we do research and study the token before investing funds their.
I know many friends that had lost money due to investment in bad projects that does not worth their time.
It is good we look for tokens that has been in the market for a longer time before now so that we don't put money on low liquidity tokens that will make us to regret of ever investing in cryptocurrency. We should always do findings before any investment or else we could lose funds.

That would depend on the risk appetite that you have. If you want to buy 10 alts, then you can decide to put $100 each and then you can hope for the altcoins that you bought to increase in price. When diversifying, you are already spreading your risk toward the possibility of losing.

Before asking this question you should have enough knowledge about alt coins yourself.  Because you need to research which coin you want to invest in and how safe it is.  Because not all alt coins are safe.  Most of the alt coins are scams. If you invest without doing your research, you are likely to lose. So learn more about the coin yourself and then invest.  So you can invest in BTC instead of investing in alt coin. It's more reliable. It's your personal opinion though.

You'd hear this often; diversify it. No one is certain of what's best to invest. If you have high risk appetite then try engaging to meme tokens wherein there are many to choose from, just take note of high market price volatility. If you're into long term holding then of course there will be ETH, SOL, and the likes as options. It is a lazy doing if you will only rely on others' opinion. You can have your own research of the tokens to be suggested in this discussion and decide for yourself which would suit you well. Many people could suggest any token they have invested into but take note of the fact that they have invested earlier than your actual entry, also with differences in capital. You cannot expect the same outcome to be honest so just do you.Frauds are in newly released projects. Tokens which are listed to big exchanges are most likely safe to invest but won't be safe from sudden price decline. Aside from choosing a coin to invest, you should also know what's best to do in any market behavior to avoid loss occurence due to misjudgement on things.

You did not even bring suggestions so forum members can help you do a comparison. You’re asking for opinions so you should make it easy for one to give the opinion. Also, there are different types of altcoins, even memecoins which can be profitable, yet risky to invest in. I think you should do your research, come back with some selections and ask about the ratio in how you can split the $1k.

Delay is dangerous whenever we have good entries, it's advisable not to hesitate but keep trying to invest in all round investment and see evidence. Altcoins are promising and prominent in the system. We should guide ourselves to be doing the estimated research before investing them, mind you not all of them will make the require earninings. There's always risks to take whenever we're in the space, that alone will push us to have good earnings in the system.

With 1000 USD to invest in Altcoins, I think you should divide it into 2 categories:

Category 1 is a safe category, you should choose large capitalization coins with high safety such as ETH, ADA, Link, Matic... (50-70% of the total amount)

Category 2 is a riskier category, you can choose Altcoins with lower capitalization, the safety will not be equal to category 1 but in return the level of profit will be much higher. In this category, if you have time to learn, you can buy a few coins in different fields such as RWA (Ondo), Restaking (ENA), Layer 2 (Manta), POW (ETHW)...

One thing to note is that you should consider portfolio 1 as a mandatory portfolio because of its safety, it helps you feel more secure when allocating to portfolio 2. In addition, you should not spread your investments too much. coin. With a capital of 1k USD, I think the most reasonable is about 5 coins or less. Spreading too much money over a small amount will make it difficult to manage your portfolio.

have you considered doing dca method instead of buying into crypto with all of your money? dca method is a much more safer option than investing all at once, that way you can minimize the risks of buying at a possibly wrong time in which  you can have fomo from.

An investor’s main enemy is fomo and if you have high emotions then most likely you are going to have some losses. dca method prevents one from being too emotional and acting upon it by buying into a specific coin regularly in equal parts.

What you asked is subjective, there is no certain/perfect way to actualize it. This is why my own plan could be different from yours and yours different from anyone else. Above all, we should first know our motive for the investment, the goal to achieve and the time to achieve this goal. Even at that, the best coins/tokens that would perform well are key here, because no matter how much you try to distribute them, if you invest wrongly, you will regret it.

With $1,000, there are many plans that could fit in in terms of the division. One may divide it into 3 parts, 5 parts, 10 parts, 20 parts and so on. I think it should not be more than 20 parts in most cases, and if my preference should go through here, I will limit this amount to 10 parts of my most trusted coins maximum. There is no way you've not already averaged the risk and rewards in this way, which means that you can't miss out on a well-performing coin, and will not be disappointed too much if a coin does not perform as expected.

I am not trying to be rude or anything, but I doubt you will make it far with that attitude, probably hundreds of books have been written over the years when it comes to the distribution of your portfolio, but it is obvious that not only you have not read a single one of them, but you are not interested in doing so either, and in that case you should avoid all the markets, as no one is going to give you the answers that you are looking for free.

When your goal is to invest in altcoins, then investing in a safe and profitable way is not something that can be guaranteed. This will still have a high risk. In fact, if you're new to this, I can only suggest investing in popular altcoins, especially the top coins on coinmarketcap. Apart from that, you need to do in-depth research to ensure that the altcoin is worth it or not. However, no one can guarantee that you will make a profit, so research continuously.

Even though investing in crypto does not guarantee 100% profit, there is nothing wrong if we try to invest in several altcoins, of course we have to choose altcoins that have high potential and prospects, and if you have funds of $ 1000 then I think ethereum and binance are very appropriate choices, because these two altcoins have very high popularity in the crypto market so the opportunity to make a profit is very large in the future.

He wouldn't discover the forum if he didn't made a research, although he still didn't research manually on it's own about the alts that he wants to invest but this is better because he might get tricked outside, while this forum has more trusted users.

Apart from coin recommendations, there's also topics here which he can look into and learn. If let say he manually made his own research, I don't think we will still see him here but it's also nice to ask for a second opinion, if we are unsure and if we are still a newbie on this. If he don't understand altcoins yet, he should avoid all of them and not just a few, and BTC is different from an altcoin but indeed this should be the base of our investment if we are here in crypto.

It is obvious that for investment in altcoins you don't need to invest all your capital and one particular out coin because their is every possibility that particular coin mighty die of during the time of the bearish season, so I believe that we have to have a different portfolio and outgoing investment at least if you have $1,000 for investment in altcoin you to split them at least two hundred dollars per portfolio and mostly the altcoins you know quite well the altcoins that have good reputation.

Actually no safe way if investing here in altcoins, there is always risk  that you must face.
But, at least, you can choose the one by declining the risk.
For me, the best way is to diversify on top coins only. Low market cap coins, new coins, or meme coins are high risks, this will  not be safe enough for your capital and assets. That is why In my opinion, top altcoins will be preferable to minimize the risk, not to eliminate the risk.

Maybe, you can differentiate into several percentage, where it include 3 - 4 coins?
Would you analyze some top altcoins like:
- Ethereum
- BNB
- Solana
- Matic

I mean those 4 altcoins are my favorite. Please, DYOR.

Asking for investment advice is something that the person also needs to be very cautious about, because some people could tell you to buy an altcoin because they also bought it and want the price of the altcoin they bought to go up a lot in price. So whenever you ask for some investment advice and people tell you about a lot of altcoins, then take a lot of time and research on your own about each altcoin that people are telling you about. Then make a decision on your own. Now talking about a golden rule in the world of investments that says the following: never put all your eggs in one basket. so I would say that the ideal would be for you to choose 10 good altcoins

and then invest $100 in each of these altcoins that you chose, you have to take into consideration that when halving approaches, it is not as if the price of bitcoin and altcoins will increase immediately, they can drop a lot in price and after a few months the price it will start to rise a lot, so it is ideal that you can read the chart well and be able to predict that the time has come for the price to rise and based on that, buy and hold, all altcoins can be read on the chart, do not blindly buy any altcoin

Buying altcoins and using the word safe don't go together.  There is no safe way to buy altcoins since they are all pretty much a gamble.  If you want crypto and safe stick the whole thing into bitcoin and let it ride.  You are looking for big profits it sounds like which requires huge risk.  Simply put there is no way to mitigate risk in altcoins.  You have to be prepared to lose it all.

Since you want to invest 1000 dollars, you can divide your 1000 dollars into several parts and invest on several altcoins. In this case, you should never invest on a single coin because when one crashes out in the market, your entire investment may go to zero. Moreover, investing in altcoin is risky and therefore you need to do a lot of research before investing.

While 1000 dollars is a high enough amount of money, at the same time I do not think that it is enough to try to diversify your investments with it, in my opinion that money should be invested in a single coin, and since the OP wants to invest in altcoins then bitcoin is not really an option.

However there are some good altcoins which could be worth of that investment, so if I was the OP I would put that money in ethereum, BNB or solana, which are good projects which have been around for some time.

Simple as that, check for reputable and long lasting project AltCoins like ETH, Solana and BnB Coins.
These are good and reliable AltCoins which blockchains has much solidity.
I'd advice to say you should not be attracted to have your funds invested on the MemeCoins and expects your assets safe when you know the volatility is highily liquified. Unless you're chasing a short run where you just needed to make some profits and get your funds sold earlier on. Also, don't be excited of greeds so you can always pullout at the right time while Investing on the new projects Coins.

I think the less you buy an altcoin the better. If you buy up to 100 altcoins I think it will be a waste of your money because it cannot provide significant profits. I suggest you to only buy 5 altcoins. And it depends on how much risk you can bear. I personally like buying 2 big cap projects and 3 small cap projects. I hope that small cap projects can give me big profits and I will buy other small cap projects, according to the current narrative. Remember that altcoin projects can be influenced by a narrative, such as the AI narrative in early 2024.

With the amount of altcoins being released each day it is possible to find 10 altcoins you want to invest into

However the chances of these 10 altcoins you choose giving you profits is very slim. I suggest you decrease it to at least 7 or 6 so at least if half of them becomes successful there are higher chances of profit for you.

If you are new to investing, you must first decide where you want to invest. If you are new to investing then you must acquire enough knowledge about investing I would say if you decide how much money you want to invest. You can definitely invest in bitcoin if you want because bitcoin investment is much more profitable than alt coin investment of course how much money you want to invest depends on you you can invest 50-50 investment you investment alt coin some you invest bitcoin then through this investment  You will understand which one is more profitable for you to invest in.

To invest in Altcoin, especially this season, which is facing the Bitcoin halving soon and there has been a fairly deep correction, there is an ideal momentum to enter several altcoins. Actually, you only need to limit it to 100 CMC ranks apart from Bitcoin and Eth. Well, at some moments I often refer to https://cryptobubbles.net/, you choose it yourself and I will not recommend one of them, because it all depends on your version of research in seeing the potential. For an allocation of $1000, maybe you should target after the halving. Usually investors shift their profits to altcoins and the most effective way is to follow the whales way of thinking.

I tried using Dogecoin, Ton, and XRP so far. This is only a personal target view and does not provide any offer go back to your decision.

Many times it becomes very challenging for new investors to invest because they are new to the crypto space and don't know where to invest with less risk and where to invest with more potential for future profits. However as a newbie no matter how much money you have I would always recommend investing in Bitcoin first, investing the majority of Bitcoin and holding it for the long term will hopefully yield a good profit. But there are thousands of alt coins in the market from which it is very difficult to choose the right coin, I think investing in the top tier alt coins like Ethereum, BNB, Solana Coin will not be a wrong decision.

I do agree that a thousand dollars doesn't really look that big, and I feel like it would not be simple, we should probably consider that as not a big deal and could be considering the situation as sensitive. I believe that if we give it enough time then it is going to be bigger, but going from a thousand dollars to something much larger would not be easy, a lot of people will lose patience while waiting for it to become bigger.

But if you could make about 100% on average, which is not possible every year, but there are years like bull run periods where you can make more so if you could on average make 100% per year, in 10 years you would be wealthy. That is why it is the consistency that will get you the most amount of money, being able to wait for it.

Doubling your money every year may not sound as big profits to some, but in fact that is massive as if a person could maintain those kind of profits every single year, they will get more than 1000x during that decade.

So someone that invested an amount of money as low as 1k will get one million dollars after those ten years, that being said, it is difficult to earn that much money in a consistent way, as the bear market presents such difficult conditions that breaking even is a good enough result in my mind.