or... I would go 2/3 on Bitcoin, 1/3 on Ether and hold it for 10 years
For crypto will be invested all the amount?don't you wanted to at least save some part for your real life investing? 
Topic: If you have $20k then where you want use it? (Read 759 times)
or... I would go 2/3 on Bitcoin, 1/3 on Ether and hold it for 10 years
I would go straight into crypto currencies. 25k is a lot of money and you can already get a decent crypto portolfio with it. If you split that money between bitcoins and a few alt coins you are well diversified and will profit from any future rallies. Going into stocks is not a good idea in my opinion right now. They just discovered a new variant of the corona virus in UK which is spreading much faster.
If I can lay my hands on such amount of dollar, I'm going fully in with real life business. That is where I will be better confident that my funds are safe. Going into crypto, I will only do investments buying bitcoin and Eth because the market is so very volatile.
I would invest in bitcoin and some altcoins as well. Certain amount of money will help me to pay off the debt and for my monthly expenses. As considering the growth in bitcoin is going to just rise, so better to invest in growing cryptos in order to make a good return for coming years.
If I can lay my hands on such amount of dollar, I'm going fully in with real life business. That is where I will be better confident that my funds are safe. Going into crypto, I will only do investments buying bitcoin and Eth because the market is so very volatile.
If i have 20k dollar then i want to buy some land for me. I want to live in my own house. Its a dream to me.
Your dream is very realistic and good because without our own home we all cannot live comfortably...It is very sad to see someone who is old but still doesn't have a home, so prepare for your future as well as your family.
20k$ it's not worth keeping is Bank. IfI had 20K I would spend all in buying Bitcoin. Bitcoin popularity has increased so much in compair to past. Many big company, country, had now accepted Bitcoin as payment currency. So instead of bank I would buy Bitcoin and hold for Long term.
have you thought about the risks because currently Bitcoin is bullish and most likely the market will be saturated, refrain from buying until the price drops low is a wise decision.
I would invest 75% into Bitcoin.
I would use the 25% left to invest into my self in order to develop my skills (professional training, coaching, e learning...)
I would use the 25% left to invest into my self in order to develop my skills (professional training, coaching, e learning...)
I think that I would divide the money into two. I would invest half of it into cryptos and the other half into a bank. After that, I would observe what will happen in time and adjust the amounts according to in which place I made profit the most. But there is a truth that cryptos can usually be more profitable comparing to a deposit account in the long run.
If i have 20k dollar then i want to buy some land for me. I want to live in my own house. Its a dream to me.
Awesome answers here.
I'd definitely diversify and invest something in crypto, but the majority I'd invest into building a profitable niche site, and then flip it. I've already built a few websites and flipped it for 10x - 20x of their monthly income. It would be way easier to do it with a few thousand to invest in writers and SEO work. The first website that I've ever built was around calisthenics equipment like 6 years ago. Nothing special, just regular reviews and guides. After a year of working on it, I totally neglected the site but wanted to keep it alive. 3 years later, the site was ranking for many buying keywords and I've started to earn about $500 per month on Amazon. Just reinvested that money into content building and SEO work and boom, a year later we were able to flip the site for $30,000.
I suppose if I had the capital, it would be way easier and faster to reach that amount. Currently, I'm building Region Vavid, and that's definitely where the majority of my money would go.
I'd definitely diversify and invest something in crypto, but the majority I'd invest into building a profitable niche site, and then flip it. I've already built a few websites and flipped it for 10x - 20x of their monthly income. It would be way easier to do it with a few thousand to invest in writers and SEO work. The first website that I've ever built was around calisthenics equipment like 6 years ago. Nothing special, just regular reviews and guides. After a year of working on it, I totally neglected the site but wanted to keep it alive. 3 years later, the site was ranking for many buying keywords and I've started to earn about $500 per month on Amazon. Just reinvested that money into content building and SEO work and boom, a year later we were able to flip the site for $30,000.
I suppose if I had the capital, it would be way easier and faster to reach that amount. Currently, I'm building Region Vavid, and that's definitely where the majority of my money would go.
I would definitely go full on Crypto Investments . Ofcourse it is risky but if you know whats worth investing in , you can make good profits .
Just 3 things to rule out the obvious crypto scams .
*Check whether the project has an active team who indulge in community meets or conferences and shows off the product .
* Check whether they have continuous development of whatever their product is .
* Check whether it has a furnished and clean roadmap which aims to a clean and good usecase and is the team good enough to pull it off .
This will definitely answer your question on whether or not to choose crypto investments over the other standard investment options .
Just 3 things to rule out the obvious crypto scams .
*Check whether the project has an active team who indulge in community meets or conferences and shows off the product .
* Check whether they have continuous development of whatever their product is .
* Check whether it has a furnished and clean roadmap which aims to a clean and good usecase and is the team good enough to pull it off .
This will definitely answer your question on whether or not to choose crypto investments over the other standard investment options .
I would put $8K in BTC and $2K on alts.
I would start a small business with $7K spend at least $1K for my family to go out.
And the remaining $2K would be my saving or emergency funds.
I would start a small business with $7K spend at least $1K for my family to go out.
And the remaining $2K would be my saving or emergency funds.
It's rare that I have $20k. I will put my $10k in btc and other $10k in eth and Trx.
I would invest in crypto, it is still profitable these days!
In crypto market there have many currency so if you invest in fake currency then your money can be gone. So best suggest you can buy some top currency and make some money holding in your country bank.If you would put all the money into bitcoins right now you would only get around 1 BTC. The crypto market is still a good place to invest in but I would try to diversify across atleast 5 alt coins next to bitcoins. Also saving some money and put in an invest fund in your country is a good idea. Economic growth is expected to pick up again next year.
Iwill Buy Ripple since the Value is still struggling in $0.61 ,So i may hold more than 30k XRP and then wait till the ATH reach sooner,or even $1,5 is enough for me to get out and just double my $20,000
or the next option is to put that In real business because in My country that is enough to established a Decent Business but of course you must make it progress.
or the next option is to put that In real business because in My country that is enough to established a Decent Business but of course you must make it progress.
In fact, it is an idea that will be discussed by many. what do you think about it 
and which is your choice in below.
For crypto investment It is actually very risky to simply put your money in the hands of another stranger. So they can steal your capital at any time if they want. Also if you are not proficient in crypto you will not be able to makes profits.
Bank investment: you are more secure here and no one can move or steal your money. However, as far as I know the amount of your profit from the bank will be less.
Real Life Business: In real life you can do business like you can Open a Foods store orr Others.
and which is your choice in below.For crypto investment It is actually very risky to simply put your money in the hands of another stranger. So they can steal your capital at any time if they want. Also if you are not proficient in crypto you will not be able to makes profits.
Bank investment: you are more secure here and no one can move or steal your money. However, as far as I know the amount of your profit from the bank will be less.
Real Life Business: In real life you can do business like you can Open a Foods store orr Others.
If I was to just somehow come up on having 20k. I would use it to buy 1 entire Bitcoin.
This has always been my dream to have a entire coin like that.
I am into this Bitcoin and Crypto game for the long run and think that 20k Bitcoin will be worth 100k some day.
Yes, I think we should definitely look to invest somewhat in Cryptos, it is one of the BEST opportunities for us. I usually do it through trading under FreshForex, as there are so many benefits for one to work with, it really helps with performance.
I would make real busines with 50%, saving money 25%, travel to search & developed busines 20%, 5% give food for hungry people i see
I prefer Real Life Business, because besides we can be bosses, we also indirectly open job vacancies for people & can help people who are struggling with the economy.
With 50% I would invest in cryptocurrency and with the rest 50%, I would do travel to other countries of course after covid!
And make money on travel, as I can work online everywhere!
And make money on travel, as I can work online everywhere!
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