You must first understand this market, learn many details and subtleties of this market. This is not so easy for beginners. You need a right amount to start because you need to create a diversified portfolio. Protected from risk, otherwise, you can lose all your money.
I adhere to the HODL strategy. Because only in the long run you can earn huge money. Those who sell coins locally will lose super profits. Many coins can grow not even hundreds of times, but thousands of times, as Bitcoin showed.
Of course, it will survive, but not all cryptocurrencies will be able to withstand a long distance, I think that hundreds of coins will disappear, they have become too much. And a lot of projects copy each other. It is necessary to highlight the most significant and promising in the long term.
This market in which we are very long-term. I perceive it as a stock market in the 90s. In 10-20 years, some cryptocurrencies will cost a lot of money, of course, you can’t do without great falls. But in investments the strongest sustained wins!
Cryptocurrencies are very strong and promising. Only you need to learn how to correctly identify fraudsters and empty coins that are not tied to anything valuable or important. Blockchains are especially useful, I would pay particular attention to them.
Here on the form, it is most comfortable to do. But you have to define for yourself the criteria by which you will evaluate a quality ICO, for example, this: Check KYC, Quality website, Quality whitepaper, real team and much more.