$5k on hand. Where to invest?

[goldenboydiego]

Dont pay attention to the other ones who replied before, they are advising you to invest in those altcoins that nobody knows, the only good ones from that list is Neo and Gas, but you need to hold more than $200k worth of neo to make a good revenue from Gas. If you want to make good profit, then you should only invest that money on bitcoin, everybody knows that this has been the only coin rising in the last months while altcoins were only going down.

I appreciate everyone's opinion and advice.  As a newbie myself though, this seemed like the most sensible and smart advise.  Thank you sir!

[shursight]

I would only invest that money on serious projects like Ethereum, that has been making a great increase in the last few days, or monero, that recently had a dump and probably will go up again after the fork.
But there are some altcoins that are never going to recover, like waves, a lot of people are hyping it, but it is obviously a dead coin, i dont see any future for this one because it doesnt offer anything new to the market, and it is only being hyped by the community, but they are failing.

[josebcn]

I would only invest that money on serious projects like Ethereum, that has been making a great increase in the last few days, or monero, that recently had a dump and probably will go up again after the fork.
But there are some altcoins that are never going to recover, like waves, a lot of people are hyping it, but it is obviously a dead coin, i dont see any future for this one because it doesnt offer anything new to the market, and it is only being hyped by the community, but they are failing.

What's the problem with Waves?Do you want to create more FUD to buy cheaper?

Waves is a very promising project and undervalued at the moment.

[cryptoXeon]

Thanks all, Apart from ERC20 Tokens are there any other Tokens which is available and I'm surprised  Litecoin hasn't been on anyone list!

[karmakeddon]

Well the thing with Litecoin is, you will not see any profit unless you do a really long hold on it. And what I mean by long is it will take years until you see some serious profits. Litecoin is a coin that is pretty stable at its price right now so you will only see tidbits of profit from it.

[muraqaba]

btc is the only answer.

[imperatron]

Let's say I had $5k I'm willing to invest in crypto.
Where would you put this money if you were to invest today?

Eth, Neo, Waves?...or just throw everything at BTC?

You should always hold some Bitcoins! Waves and Ethereum are good coins to invest some money for longterm. They will both rise up with bitcoin in the future!

[razzbee]

invest 40% in bitcoin and the rest in altcoins NEO, Waves,ETH

[Shotz]

You have to figure out which alts you like by doing your research, it is a mistake to say "Bitcoin is the only cryptocurrency and all the others are just trying to copy it."  If you look at the top 100 alts, a lot of them are all trying to do different things and get their value from solving real world problems.  Blockchain is a revolutionary technology and if you do your research you can make more money than you could imagine. Cheers

[DistantPattern]

Thanks for your replies, everyone!

I'm planning on holding the large percentage of this investment for the long-term. Would that change anyone's recommendations?

Also looking to take a small percent (10% or so?) and get some experience in short term trading. Any recommendations for this strategy?

Really appreciate the insight.

[ElegantCy]

With $5k for investment, these will be some of my picks.
1. Neo
2. Dalc
3. Pick
4. Bitbase
5. Hextra

[KourtneyK]

If I had that amount of money I'd invest half in bitcoin, then divide the other half to other coins. Of course a large portion or percentage of bitcoin would be a must because out of all the cryptocoins, bitcoin is the most progressive out of all the coins out there.

[Sikka157]

Thanks all, Apart from ERC20 Tokens are there any other Tokens which is available and I'm surprised  Litecoin hasn't been on anyone list!

I would like to suggest Litecoin too. I bought Litecoin myself. I dont want to chase coins that can give me 10x anymore because I lost money trying to chase them. I would rather go for slow, steady rise. I will buy more LTC if it falls to $55 once again.

[linkybit]

I would like to divide it to 5 coins. BTC is currently at the high end so wait for some time (probably after hard fork) to see its price drop then buy BTC, however, I think ALTCoins are currently at a good price to buy like OMG, NEO.
Good Luck!

[jumpflip27]

If you wanted to invest in the success of cryptocurrencies, you bought Bitcoin. Period. Other cryptocurrencies – called “Altcoins” – have just been penny stocks on shady online-markets, mostly used to keep miner’s GPUs working, pump the price and dump the coins.

[mharz]

I would only invest that money on serious projects like Ethereum, that has been making a great increase in the last few days, or monero, that recently had a dump and probably will go up again after the fork.
But there are some altcoins that are never going to recover, like waves, a lot of people are hyping it, but it is obviously a dead coin, i dont see any future for this one because it doesnt offer anything new to the market, and it is only being hyped by the community, but they are failing.

In my opinion if I have $5000 dollars on hand I buy bitcoin as investment, because their price now in the market was rapidly raising up I know that this year bitcoin value were reach to $6000-$7000 dollars. Moreover if you want to choose altcoins as investment I suggest ethereum, waves and bitcoin cash for me those coins are capacity to survive in the future, I know that their price in the market have a possibility to increase more.

[LixiR]

Now when you open the topic without research, you can get an answer to your questions. BTC will always be good for investment.

[linkin87]

At this time, i think the best coins for holder are LTC, OMG (OMG has low price now)

Besides, Deep Onion is good new coin. In the future, the price can be increased X3 , X5 ...

[makila]

you should spread your money. picks 10 alts and invest one those.do the same on icos and the rest on btc for leverage on investment.

You only need 2 or 3 winners and you should be on top

[DaddyMonsi]

If that's my $5,000 USD I would put 40% of that in NEO, 30% in ETH and 30% in OMG. I'm not going for all-in in just one token or coin that way if the price of one goes down I still have other two investment to compensate for the loss of the one investment. I would also consider investing in NEM, XRP and ADA or Cardano.