Hi, $500 but I don't know the best coin to buy. any recommendation plz
My suggestion, you buy Solona, XRP and Doge coins. because coin has its own blockchain network, there are even many projects that collaborate and use this network. If you want to know more about the coin you want to invest in, it's better to find out more about the project first, so that you know the quality of the project you are investing in.
and my advice is that you don't invest in new projects, you're afraid you'll get scammed.
It is a very good advice, although I would tell you something, if you have that money only to buy altcoins, I would go to see the first 5 coins of the top, based on this I would do a good investigation, long-term technical analysis, although to be honest these alts will always follow the path of Bitcoin, no matter how much the alts whenever bitcoin falls in price they will fall with a more monumental fall and that will cause panic, I would also do an stp and would think about buying something in Monero, since privacy and anonymity They are a great option so you can generate a good investment, I am sure that in the long term Monero will be a great option for many.
And Monero will be one of the Currencies that have the most life if any of them fall, only because of the desire they have to do something different, something that can make a difference, in this order of ideas I would think that you have to know how to buy so that the money yields and becomes a great investment, since the risk is higher, I personally, as always, have trusted more in Bitcoin because I know that it is the safest investment, but the alternatives also have their very good benefits.