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Looks like the markets might be crashing now, so it might be a good time to get in.
It can take time to setup accounts on exchanges, like paxum they have to approve you so start early. By the time you're approved the prices will be up 25%...
It's hard to say if a thousand dollars is the right amount, that is personal to you. I wouldn't be more than you can afford to lose.
Avoid using shapeshift, I've lost two transactions on that site and it takes them two weeks to *start* working on fixing it...
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