I'm seeking expert guidance on how best to allocate $1,000 for investment purposes. With the ever-evolving landscape of cryptocurrency and traditional finance, I'm wondering if you could offer some insights on how to diversify my investment portfolio with this sum. Would you recommend investing in cryptocurrency such as Bitcoin or Ethereum? Or should I consider more traditional avenues like stocks, bonds, or mutual funds? What factors should I consider in making this decision, and how can I ensure my investment is both secure and profitable in the long run? I'm keen to understand the risks involved and the potential returns that each option may offer.