I have 500 USDT. What should I put my money in altcoin/token wise?

[mohdelayo]

Everything is highly undervalued in the market right now, the good thing is that all the best assets in the market are a good buy right now also. So i would suggest you look at the top 10 assets in the market and begin to take your position using dollar cost averaging methodology.

[TomPluz]

That is one of the hardest questions to answer at this time of a big dip...but we know that inorder to make it big in the crypto space you have to be greedy when others are fearful and be fearful when others are getting greedy. As for me, aside from Bitcoin, I would also go for DOT because am sure that soon its price will really rise up. Now, this is not a financial advise nor am I affiliated with Polkadot.

[Markcracker]

It might be late for reply but just incase we have similar  questions in the coming days, we'll you did not state if you need tokens for short  terms or long term so I will give you both alternatives from my insights short term I I will get SNX or TRNX, alittle Link.
For long term Definitely BTC and ETH,  right alot of people  have doubts
about btc but it will only take two smart head to see the potential  in bitcoin   doge is also an option

[Alichlas92]

if you want short or medium term investment it seems like doing stable coin farming on beefy or autofarm as explained bro Jaephoenix seems like a good choice..

[Ghozrd]

I currently have Cube coins and am planning to buy more before the price really goes up, some blockchain projects are giving a lot of surprises in the crypto market, I am not surprised if you choose Bitcoin, some new coins seem to be worth a look because they have good opportunities for investment long or medium term. (NFA)

[Digital_Lord]

You must invest in strong project. And try to buy the dip. Now the market is extremely down, you must buy some coins. Try to buy BTC, SOL, BNB, Waves and other strong project.

[gurunanakji777]

First, it depends on how long you are planning to hold? If I were you I will choose Ethereum without any second thought for the long term at least half of the Ethereum I would get at the current market rate So I will suggest you check Ethereum.

[Confero]

First, it depends on how long you are planning to hold? If I were you I will choose Ethereum without any second thought for the long term at least half of the Ethereum I would get at the current market rate So I will suggest you check Ethereum.

Yes, Ethereum has very good long term potential. This coin that is ranked second on Coinmarketcap will be an option too, because I believe it is one of the big coins that can benefit everyone who invests this coin in the long term.

[pacar_tiri]

if you have 500 USD now, I think You should split in several potential coins such as bitcoin, Ethereum, BNB, Solana, Polkadot and polygon matic.
It's god way to do now, Buy and hold.

[doc]

Hi there forum. My dad and I decided to see if we could take advantage of the current market dips. We are aiming for a passive investment and possibly passive income type token.  I understand basic cryptocurrency theory and also bits and bobs on how Defi works.

Does anyone have any suggestions on what to do with 500 USDT at this time in the market? I know this a vague question and I may be waffling, but I might as well start communicating with others on the forum and get some insights. I was thinking of putting all of my money into a DeFi token but im not so sure.

In summary, I guess what I'm trying to ask is:

What altcoins / tokens are you all watching closely right now? And if you had 500USDT, where would you put that to use?

If you have 500 USDT, I think You should buy bitcoin and hold until 2024.
After bitcoin halving, bitcoin will more expensive and touch ATH again

[Speaker]

Keeping bitcoin for a long time, as practice shows, is a profitable initiative

[Seerge]

Keeping bitcoin for a long time, as practice shows, is a profitable initiative

That's right, with $500 we can buy a little Bitcoin, wait for the Bitcoin price to go down and then go all into BTC. 
Hold on for a long time and get big profits in the future.

[Jaephoenix]

I would not advice you to buy up any assets yet for hodling. Its a little bit risky considering no one knows the bottom(though the market is currently looking good with bitcoin on a week high $21700. I usually do DeFi which is risky though. I provide LP tokens for liquidity and get paid. There is an auto-compounding feature

[TOP_ETH]

if you want to start investing decide you want short or long term, if long term choose top 10 coins like eth bnb etc.

[gurunanakji777]

I appreciate your planning to invest 500USDT in altcoins. As we all know the market retraced too much and it's a good time to buy some high-potential coins for the long term. If you ask my advice I will suggest you do some research about Matic, Ada, Algorand, Enjin, Evmos & TRX coins.