if I have a $ 50 capital then I will look for altcoin whose value is under $ 1 for an investment like nxt, I will do day trading so my money grows fast, then look for potentially ico
Choose a coin that is so cheap, there area lot of cheap coins right now and you have to do your research about the potential of the project.
With a small amount of money as your investment, it's wise to take a higher risk so you can grow your money instantly.