Newbie starting out where to invest $500

[AlexBV]

I would like to suggest invest in Ripple XRP, it's a very solid project with good marketing and sales. They already signed contracts with many banks and potentially soon will announce more exciting deals. I think with the current price of XRP you definitely not lose your money but after the end of that correction, you could rise x2. Just my opinion.

[cryptrain]

IMHO, right now is a good time to buy some Bitcoins / Ethers. Or if you want to invest into ICOs, then it make sense to go through ICO listings or Telegram chats where people overview new project. The better if a project already has a working product.

[LolEnergyXglossy5]

You can have some btc partners in a trade with your smaller share. A new thought isn't it?

[Dudeperfect]

Before investing you are $500 I would recommend you to invest your time worth $1000 in doing research about the multiple investment options. Do not follow any others opinion blindly and do your own research. I would recommend you to diversify your investment in order to deal with the serious price volatility in any single coin. Find at least 10 to 20 good investment options and diversify your capital among 20 parts and invest through the systematic investment plan.

[sportadz]

I would normally advise splitting it between well recognised coins (safer...! investments) and newer altcoins with good teams behind them. $500 won’t go too far though if you spread it too thinly. Therefore I think you should split between the big 3 - BTC, ETH, LTC and work in trying to join the various Airdrops/Bounties to make a start on altcoins.

[trumhacker04]

I do not have 1 dola 

[Glomerulus22]

If you have 500 USD and want to invest to crypto, I would diversify the portfolio. Today everything is very cheap compared to the pice one month ago. Never put all eggs into one basket!
20 % I would invest in Bitcoin - it is still the king of crypto and it will be the best cryptocurrency for at least whole 2018 a probably also 2019.
20 % into Ethereum
30 % into strong coins from top 25 - I prefer NEO, XLM, ICX
30 % into coins with smaller marketcap that have a bif potential to grow - SNOV, TNC, ECC, ONION.

I would wait with the investment into any ICO until market stabilizes.

[Shoesouse]

You can join the bounty programmes and eatn btcs no need to invest first

[ToyMonster]

I am not quite sure if you can even invest this amount for btcs or not

[svladovsky]

As the title suggest new to crypto, small investment of $500, which coins should I be looking to invest in?



Thanks in advance for any advice given.

I personally think it's better to invest in the some promising ICO's than in just coins. Just make sure they're not a scam and have a good and refined whitepaper, active community and talkative admins. Investing in coins is basically just working on exchanges.

[paderobin]

Exactly as the previous user said. Go through smith and crown or Tokenmarket or ICObench, find a product you can gravitate towards. Read up on the whitepaper, research the team and advisor, follow up on the community on both BTT, Telegram, Medium, and any other social media channel. Then invest. But remember, you're investing into the vision/tech/product, not just a get-rich-quick-scheme. If you're looking for the later, start daytrading