I have $500 to invest today

[brightology]

With 500 USD can afford 1Ethereum base on the current price of ETH, which is seen, you have invested towards it, after three months from now, difference is clear, therefore they are many other alt-coin to invest too, that can give more profitable.

Good luck

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[SuttA]

Litecoin Cash is the first fork of Litecoin, and we've taken it back to its Bitcoin Roots (changed Scrypt mining to SHA256). This means that we not only have the most profitable SHA256 coin (according to whattomine.com) in the market, but we're cheaper, faster and are leading in innovation amongst other Bitcoin Forks, especially BCash. Since the fork, we've been very much hard at work - looking at the internal business sides of things and working to build a solid core foundation at Litecoin Cash. And we can see this already at a core business level - we've been looking at our internal value chain and improving our operations and core capabilities to be able to innovate and differentiate the Litecoin Cash brand.

At a Product Level - We're the first coin to introduce an entirely new and innovative mining system - HiveMine - to strengthen our mining network security against the recent upsurges in 51% attacks. Now, HiveMine is an alternative method of mining to PoW and PoS, but the benefits is that it allows anyone and everyone to validate transactions on the blockchain - so you don't require specialised mining equipment - this opens up a whole potential for an new market segment for us to target which is big news. So essentially, HiveMine and PoW will work together as a hybrid solution to allow us to eliminate 51% attacks from our network whilst also democratising the mining process.

At a Marketing level - Litecoin Cash is positioned uniquely in this market. Because we hard forked off Litecoin we essentially embody Litecoin's technology but because we changed the mining algorithm from Scrypt to SHA256 - which is the same mining algorithm as Bitcoin - Litecoin Cash now embodies the genetics of Bitcoin - so we're this hybrid coin and this is massive in terms of market potential as we're positioned directly in the middle of both of these communities which we can leverage to increase our market cap over the long term.

At a Community level - We're the first coin to be listed on 8 exchanges within the first 2 months of launch and we're growing, we have over 20 mining pools, and our customer base is increasing day by day on all our social media platforms - telegram, discord, reddit, twitter - and so we are starting to see more and more people tune in to the developments of Litecoin Cash as well as having a great team that helps and assist people every day. We're also the first coin to do an actual real life space drop - you hear people doing airdrops all the time but we wanted to do something unique and different - and so we essentially we launched a small hot air balloon in Sheffield (UK) carrying over 160,000 LCC golden tickets, and we dropped them from an altitude of 32km from the skies of Britain on the 17th of May - and so this just shows one of the ways in which we are thinking differently in this space and innovating.

At a Partnership level - we've been looking at ways to improve our supply chain by forwarding integrating as well as backward integration, to help lower our costs and maximise our returns over the long term. So what we've started to do is on the forward end of our supply chain, we've partnered with a media outlet to improve our end-to-end user communication, we've also partnering with a card provider and vendor merchants to help bring our product closer to the end consumer. On the back, we've started to see more partnerships with blockchain suppliers, one of them are an AI and virtual reality platform.

So currently, in terms of our development plans - we're still working towards our short term roadmap - so far we've released our whitepaper and full and light wallets, what's next are our rebase 0.16 which is nearly complete now, as well as mobile wallets, and then we will start to see HiveMine being integrated within our blockchain, as well as future atomic swaps, hardware wallets as well as the lightning network. In terms of long term development plans, we will be releasing an more updated roadmap on our website detailing our future strategies - our end goal is to become a global currency, with real adoption and end use case - so you can pay with Litecoin Cash. We're a digital currency and we need to strive for mass adoption.

So over the coming few months, we will be looking at our product development moving forward - so making modifications to our product and overall differentiating our brand in this space to overall increase the value to the end customers and consumers - maybe even looking at interoperability as an option and working closely with Bitcoin in the future. We're also looking at more market penetration - so currently we're on 9 exchanges - Hitbtc being our most recent exchange and we're always looking to be listed on more - we've got Binance and Bitbrothers both still in application, and on our eyesights for the future are: Bittrex, Upbit, Bithump, Bitfinex, Coinbase and most others - so essentially we want to keep penetrating and growing the customer base as well as improving our distribution network and marketing efforts.

We're also looking at market development - so targeting new markets and reaching new customer segments - we're going to be doing some cool stuff with the chinese market in the near future - which plays a big market in cryptocurrency, as well other emerging markets such as the japanese, south korean, european, american and australian markets - we also want to target new segments - such as institutional investors and different stakeholders, and I've been getting to meet more and more of these people from the blockchain conferences I've been attending around the world.

Our goal at the moment is to continue building a strong foundation, trying to cut costs and embed value in every part of our business, and this will allow us to build knowledge and market awareness so that we are able to sustain growth over time - we're going to be making a lot of disruptive noise in the future so we want to be sure we have the best product first. Overall, we're at a good stage but we will need to continue our hard work.

[genset88]

What's the best way to diversify starting with $500. I am overwhelmed right now with all the coins i am interested in. I'm just not sure if i should be only focused on the top 10 or can i pick xxx coin that's ranked between #40-#150. I can say i like about 15-20 coins/tokens i just feel that's way to many for $500. I would like to put half in blue chip coin and invest in some alts with the remaining half. I was thinking put $50 into 4 atls???
Idk man, i'm trying my hardest to figure this out. lol thank you for any help.

For $ 500, if you invest in top coin, you will get the safety, but not get much profit. I recommend you investing other coins (not top coins, ex: ICOs coin), you will have the opportunity to duplicate your property several times.

[Bolyutim]

Possibly place half in a decent safe coin like bitcoin or ethereum or litecoin, at that point with the other half pick maybe a couple altcoins that have a decent group and item yet are new and extremely reasonable, roll the dice and check whether they moon. Two that strike a chord are Zilliqa (ZIL) and Nucleus Vision (NCASH). Both have a decent vision, solid groups and are modest.

[rhyo3232]

you will Invest in ICO or use in trading platform, but I suggest do not invest for HYIP or anything like that.

[BlueBobbins1]

Yes, today you have a lot of opportunities. Now, do not look everywhere with perspectives. All coins at peak prices. In case of a peak day. Then do not buy everything profitable

[turkandjaydee]

sure you can buddy just follow your heart and invest now be a longterm holders and be worth to hold that someday your dream come true by crypto

To be honest, thats not a good advice sir. There are so many aspects to invest in crypto, especially on current crypto market condition. I dont really see any indicator for crypto market to be bullish in the near future.

[PROdotBITCOIN]

Today, most coins have fallen in price, and it seems to me that this is a good time to invest. I would invest this amount in some 5 most reliable and promising coins. Most likely I would buy coins from the top 20.

[Mofoblitz]

$ 500 is a good amount to start with, especially now that the market is red and the coins have lost and are still losing considerable amount of value. This can be taken advantage of as there are high quality coins with growth potential cheaply available in the market. do your research and put that money in cheap but quality alts which will get you good returns in the bull run, You can also invest in ICOs, though this is a very risky investment plan, but if you get good ICOs , you will earn good returns off them

[IguanaBob]

I would recommend you checking the Top 100 or even Top 10; especially if you want to HODL long term. Everything beyond the Top 100 increases your risk of picking a dead end project or scam, even though you could get the most growth out of a smaller project that might be "under the radar" right now. But don't get confused if a shitcoin had a good run in the past - because this is common during hype phases or might have been a pump and dump.

Since you probably have no experience in what to look in a coin chose one of the proven coins. I think picking one of these give you the least risk in the long term BTC, ETH, IOTA, Litecoin, Monero etc.
Personally I do not like Ripple and Tether but thats up to you. Additional:  some of the Top 10-20 coins are trying to solve quite similar problems in different ways so think about that when you pick them.

For example you can pick all "ETH clones" in the hope at least one of them survives in the long term -or- you can spread your money on completely different projects (Currency, Privatecoin, Cryptoasset, Securitytoken and so on).

[HectorAlden]

What's the best way to diversify starting with $500. I am overwhelmed right now with all the coins i am interested in. I'm just not sure if i should be only focused on the top 10 or can i pick xxx coin that's ranked between #40-#150. I can say i like about 15-20 coins/tokens i just feel that's way to many for $500. I would like to put half in blue chip coin and invest in some alts with the remaining half. I was thinking put $50 into 4 atls???
Idk man, i'm trying my hardest to figure this out. lol thank you for any help.

I think this is the not a good amount to invest in the altcoins, but if you want to invest in the outcomes so I prefer you to have invested in these coins. Which have a very low price at this moment. it is a very potential. Dash, Es, ripple

[anxioushoarder]

We should assume that going into ICO render profitable chances for best part of the hardened hodlers nonetheless crypto-currencies may become quicker at least for newer followers considering modest volatility.

[PolyAlpha]

What's the best way to diversify starting with $500. I am overwhelmed right now with all the coins i am interested in. I'm just not sure if i should be only focused on the top 10 or can i pick xxx coin that's ranked between #40-#150. I can say i like about 15-20 coins/tokens i just feel that's way to many for $500. I would like to put half in blue chip coin and invest in some alts with the remaining half. I was thinking put $50 into 4 atls???
Idk man, i'm trying my hardest to figure this out. lol thank you for any help.

seeing as this is a post from march and is a pretty long thread, just curious on what you did decide to invest on?

[Rtalk]

Invest everything in bitcoin and forget it for a while.Almost all coins depend on the direction of bitcoin movement.when the market starts to grow-shift to other coins.

[brocardinf]

Paying attention to position on coinmarketcap can help him to understand what chance this asset have to make x10 in shortterm.

[Tumteam]

The main coin to look out for is ETHEREUM, not on the grounds that it is crafted by Vitaliy Buterin, however an extremely unique task. RIPLLE, ZCASH, NXT, DASH, NAM are qualified, with $ 500 you can purchase youthful coins too who have great competitors later on like MTH. this is my sentiment

[Bonanzabits]

Today it is best to invest in little-known projects that have recently been successful ICO. As a rule, such projects show excellent growth, and also remain attractive for pampas. I recommend that you look at the TRAXIA project (TMT) - I think now it's a very successful entry point.

[lkcryptoman]

If I were you, I would choose the crypto-currency giants. For example bitcoin or ethereum. You can also attribute the ripple here

[anglosaxon]

What's the best way to diversify starting with $500. I am overwhelmed right now with all the coins i am interested in. I'm just not sure if i should be only focused on the top 10 or can i pick xxx coin that's ranked between #40-#150. I can say i like about 15-20 coins/tokens i just feel that's way to many for $500. I would like to put half in blue chip coin and invest in some alts with the remaining half. I was thinking put $50 into 4 atls???
Idk man, i'm trying my hardest to figure this out. lol thank you for any help.

In my opinion, $500 is not a good amount to diversify too much. According to my opinion, this amount shold be shared between just two coins. And I think bitcoin, ethereum or litecoin might be good to choose.

[shaunbrylle38]

ETH is a decent price or just a shitcoin and hope for the best lol.