Wow, 50grand is a lot to want to invest in Cryptocurrencies. The truth is cryptocurrencies are still a new thing. involves quite a lot of risk.
My first question to you would be, is $50k everything you have, Is that your life savings? If yes. I'd say split the money 4 ways.
--Use the first quarter to buy gold.
--Then use the second quarter to buy a Land or building of some sort. Somewhere where you think would be having massive development in the next few years. It doesnt matter what part of the world you live in, these options are there for whose who want to see them. Yes, there are loads of houses in first world countries for as little as $10k...
-- Then for cryptocurrencies, I personally would buy Bitcoin Cash. Because once bitcoin gets listed on those big NY exchanges, Bitcoin cash would be trading for about $3,000 by this time next year.
-- Finally for altcoins, and ICO's I've come to realized that the largest profit comes from investing in smaller ICOs where the team/developers are honest. The rave of the moments big ICOs usually turn out really bad when they get to the market, this is not for all Big ICOs but for majority of them, the list is endless, I'd rather not name any names.
For the project that are already in the market, these are the coins that I have been buying: and so far so good. I bought Monaco after their ICO, they were trading for just $0.3 nobody wanted to buy it, I bought a good amount and now they are $7, at a point they were selling for $24 - yes I sold some then. I bought antshares at $2.40. It's now $24. I bought firstblood and no limit when they were worthless, they've all really gone up now. I've not always been lucky I lost some money with patentory...Actually alot.
Here's an off point keyword. "Know yourself". I'm naturally not a very lucky person so I don't gamble because I would be in the list of people who would lose. If it feels like it's too risky. I'd stay. If you feel you're generally a lucky person, then there are some good gambles out there.
Here is what I look for before buying a token or investing in an ICO, I'm a very spiritual person, so energy means something to me, I watch out for mood in community. 2.) I wouldnt buy any ICO that had loads of sharks buying too. Because, those sharks are all looking to dump these tokens on unsuspecting new comers when the very second it gets listed on the exchange and has a tiny bump in price. 3.) I wouldnt buy an airdropped token. 4.) I generally don't like to buy into ICO's that made millions, (with some exeptions though). Because technically what you have just done is upfront the developer the money that they would have gotten in 10 years in just a few weeks. And that makes most of these guys lazy, because cryptos is still new, and it's easy to get distracted by some of these greater opportunities if you have already made money from a project you didnt build.
Personally I invested in a project by the name of Tio Tour Guides. Their hard cap for their ICO was just 580 ETH. Token supply is 450.000 and they just listed on EtherDelta, they have applied to be listed on coinmarketcap, and should probably be listed in a few days. They are also stated to be listed on HitBTC and Binance later this month. Some of their impatient bounty hunters are dumping some of their rewards for less than $0.1. Now this is a token that is most likely to be trading for atleast $2 when it's on coinmarketcap, so imagine buying $200 of some it now. That could turn to be over $4,000 within this month. Notice I talked about buying just $200 worth? because you wouldnt find that much for sale, they have a solid price control mechanism in place and most members of the community really do believe in the project, so not so many are dumping theirs. Their platform is meant to help people of all kinds of physical capabilities find/book tours/tour guides and it launches on the 25th of this month.Here is their trading page on EtherDelta
https://etherdelta.com/#TIO-ETH and here's the link to their announcement thread
https://bitcointalksearch.org/topic/annbountytiore-innovating-the-tour-guides-operators-sector-on-etherdelta-2066861 Listen, Best advice I can give you is take everyones advice with a pinch of salt and do your own research. I generally try to be as honest as I can, but I'm not a financial advisor, however I did leave you with some good tips there. If it works out for you maybe you can buy me a beer.
Goodluck and all the best. Sorry I wrote too much. It's friday night and I'm bored.