Buy bitcoin, it's the safest bet, if you want to gamble a little buy also litecoin, something like 80% bitcoin, 20% litecoin.

Don't go around buying every shitcoin that promises huge gains, usually people get burned with that.

Invest in something you know about. Bitcoin is new to you. Do not invest all your money into bitcoin, only what you can loose.

Regarding bitcoin and other alts, always choose bitcoin of you are a newbie. Altcoins are only worth investing in if you know about cryptos, what features are valuable and what is not, and most importantly, when to dump before everyone else see it coming.

As pointed here, the most important part of investing is understanding what you're going into.

I strongly suggest you learn basics of investing and Bitcoin before taking action.

Just like u, I was a newbie last year and was in the same situation as of u. U may check my thread how I invested my little money and made ROI...

https://bt.irlbtc.com/view/852857.0

Dont mess with cloud mining. Buy and sell bitcoins and altcoins. But dont mess with any ponzi, gamble etc.

Since you are new, I agree with above posters about buying bitcoin and holding it at FIRST.

-Buy bitcoin and hold it until you are comfortable with cryptocurrencies.
-Then watch the altcoin market
-Try to understand the dynamics of it
-Observe pump&dump scenes
-Observe new altcoins and its FUDs and 99.9% dumps
-Get a general concept about the altcoin trading

-When you accomplished all above steps, you can reserve at most %10 to altcoins.
-Trade with altcoins and be very cautious, select only good altcoins (this seems very subjective but its not too much. However, it takes too much time to explain it)
-You can both lose and profit very high amounts bitcoins.
-If you are successfull with altcoin trading , you can SLOWLY increase your altcoin investment. And maximum rate -I think- 50 % of your total bitcoins. If youre not successul, dont try to much. Just forget about your little loss and continue to stick with Bitcoin.
-Dont forget the golden rule: BUY at cheap and wait enough to sell at higher price.
And final question comes, how do you understand or determine the price is cheap?
Well , magic is there, if you can do this very successfully , then youre rich



To sum up, If you dont know Bitcoin, buying and waiting long enough is nest best option. However , when you feel comfortable , altcoin trading offers very good profit options with including risks. And even you are comfortable with Bitcoin, try all above steps before trading altcoins, otherwise, youre gonna lose most probably.

I highly just recommend investing in bitcoins. You can then lend your bitcoins out to people on btcjam.com

+1

Be very very careful about BTC Jam. There are certain services in Bitcoin world which attract customers by huge ad spending and then provide no service at all. BTC Jam is one of them.

Your safest bet is Bitcoin, as safe goes in crypto of course. Altcoins are certainly tempting because any one of them could suddenly take off and if you bought in early then you could end up with very nice money. The risks are very high though. The best way to invest in altcoins IMO is to only use spare BTC you have lying around, buy the coins you want and then forget about them completely. If further down the line, say in a year or so, they turn out big, then while you won't be a rich man, you'd still have made some nice profits.
This year is looking like it might be a good year for BTC, price has been holding steady. As a matter of fact, we're going up atm, we're at $246