I recently got 10,000 USD after my FD (Fixed deposit) matured and now i want to invest all those in the crypto world as the returns are best here.
Please suggest me different places where i can invest these 10,000 USD in the crypto currency world as i never done big investement in crypto before so please give me some ideas.
In the crypto world, there are 2 options that you need to understand, namely investing in old coins and new coins. for old coins, especially popular coins like bitcoin, ethereum, BNB, SOL and others, it has a very good upside potential, even if you want to invest, I might recommend for popular coins, moreover this is your initial investment, so maybe choose any of the above coins is a good move (but still you do it at your own risk). for these coins, it is very suitable to be held in the long term. although it seems old, but I think it has less risk than new tokens. You can look at the chart from year to year to confirm the price increase.
while for new coins, the profit you get can be greater when the token has been listed in several markets, it's just that you need to do in-depth research on this, and find out what's special about it. although I feel that you don't have to hold on long term to see the coins have a high price, but some of the new tokens that I saw, the price is sometimes very low from the initial price, or you need to wait a few months to see the change in price. however it depends on what you invest. I have some new coins which I still hold on to because they are lower than their initial price.