I believe anyone brand new to crypto investing should put 30% of their budget in each of the big three:

• Bitcoin,
• Ethereum
• Litecoin

in order to learn the market and watch how other cryptos are affected by their movements. The remaining 10% should be invested in ICO projects that you believe in. Maybe pick 5 and invest 2% in each.

In my opinion, the best ICO's are the ones where blockchain technology can solve specific problems in huge markets. For example, Modum (MOD) solves major problems for the Pharmacuitical industry and Retail to name just two sectors who would benefit from this supply chain technology.

Or, alternatively, invest the remaining 10% in ICO's that are hoping to make the world a better place. A couple that spring to mind is Sheltercoin and Rightmesh.

Now regarding the bulk of your investment, I'm of a positive mindset and think that the current prices are giving people a great opportunity to buy. I'm sure the increases we saw in 2017 were a sign of great things to come. Bitcoin will lead the way with record highs by the end of the year.

The current prices are a consequence of certain influential individuals creating fear by talking about bubbles and comparing crypto to the .com era. Given them the perfect buy-in opportunity. Cryptos have a very long way to go to compare to the value to the .com crash.

Finally, invest in Steem by earning as much as you can on Steemit & enjoy.

EDIT: I am so confident in this strategy, no disclaimer attached.