Where to invest my 10,000 USD - page 5.

xypos

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Quote from: Lordshiva on September 05, 2021, 11:40:00 AM

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.

I suggest that you don't just put everything in crypto.

$10k USD is a nice chunk of change and I'd probably allocate around 50% of this to stocks and 50% to crypto. That way you make sure that regardless of what the outcome with stock market or the crypto markets are, you are able to fall back on a safety plan.

Also, have you got an emergency fund? Generally 6 months of your expenses is a good place to start.

dark1234

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like all members suggest... now is not the time to buy because of the price, especially bitcoin but if you are ready for the long term, then fine. but I hope you pay attention to market movements first so you can also get short term profits when the pump occurs return

Wexnident

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I'd suggest not going into Bitcoin yet just because of how it's pumping right now. If you're doing long term investment, then sure it's fine to enter whenever but if it's pretty short, try looking for the time when Bitcoin dips and you know that it would enter another pump so that you can profit in the short term. Top altcoins shouldn't be wrong in terms of investing in them in the long term, there are also a bunch of nft games out there that are play to earn so you could recoup your investment in 2-3 months (as long as the game doesn't rug pull).

Boov

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Quote from: Lordshiva on September 05, 2021, 11:40:00 AM

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.

Dedicate you investments on bitcoin, don't be bothered with other coins now because I only foresee btc as the top ranking and potential asset.
There's a lot of projects who tried to rival those promising coins following btc, but it doesn't work in long process. Your $10k will soon gain bigger profit, when you choose holding long term within your specific target.

blockman

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What if you buy bitcoin weekly with $1,000. Do the DCA strategy since we're at the top and most likely someone who's knowledgeable about the market won't just drop that whole $10k that you've unless you're a corporation that has a long term vision and can go as long as they can with huge amount. I'll split the amount with bitcoin and ethereum, despite the fees to be high in Ethereum, still it's a good investment and you just look at the cycle and history. If you want to invest now, just be aware of the possible dump that might happen anytime.

Lanatsa

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Quote from: Lordshiva on September 05, 2021, 11:40:00 AM

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.

Just a reminder about those possible scammers that would make or sent you some personal message.Better ignore because most of them are just scammers which are trying to lure you in and deceived you
since they do know that you do have money for them to get on.

Asking out investment then there are some choice but vast of majority do stick out with bitcoin but you can also opt with some top altcoins too. 10k is something not that small
for you to invest on.
Just be mindful about the risk on where you could possibly experience. Not all the times we've been talking some profits on here.

Jercyhora2

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I won't tell you the advice directly, but if I had ten thousand dollars I'd rather put it in coins that can be staked. It's just like Atom Cosmos which can be used for compound investing because of its reinvest nature. In this case, it is better to wait for the bear market to save more, but if you really plan to make long -term savings, maybe you can buy in case there is a price drop. If you just want a quick income, in a short time like a few months of holding it, I can't recommend it for you. You'd better just put it at the top of the crypto list.

jackg

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https://bit.ly/387FXHi lightning theory

Quote from: Lordshiva on September 05, 2021, 12:19:36 PM

Also i heard about staking can you also tell how staking works and how much profit can i make out of that.

Traditional staking (as in PoS systems and similar) do allow you to earn interest on your tokens but they also depend on the token's value. If interest in the token goes up while you're staked then great! if it doesn't then you might end up losing money as staking normally means the token/coin inflates by the same amount.

There are other types of investments that seem, to me, better. DeFi staking of stablecoins looks like it can give good returns, they used to be around 8% for more stable lending types (now it's about 2% for the regular lending stuff and 10% for the new riskier stuff (I think it's riskier anyway if it has such high interest) due to competition) - you're still relying on the base cryptocurrency though for its security/safety (so there is still some risk - I know there was a hack a while ago on that - not sure if there's been one recently).

defi ref (not sure on the safety of that site though either): https://defipulse.com/defi-lending

agg2702

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indeed until now crypto is still a very good choice in investing, especially for bitcoin considering the volatility and market capitalization of bitcoin which is indeed very feasible to be used as investment material, but of course in terms of investment it takes time because considering here we are talking long term not just a month or a month. two months.
other than that the nominal you have now is fantastic and it will definitely benefit you when you are here but looking at the current price you seem to have to be patient for a while and wait for a really good price to adopt bitcoin, but if you really want to enter now it's actually not that big It's bad because the current price is still quite small if you look at the hope for a better future, considering that until now there are still many people who predict that bitcoin will definitely be very crazy in price in the future.

pinggoki

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We cannot tell you where to invest that money but we could at least give you some pointers on HOW to invest that hard-earned money you got. The fact is that there is no surefire way for you to earn money exponentially but there are leeways you can take that'll make you consistent money, most people will tell you to invest it into stocks, bonds, shares, or crypto but I would suggest investing it to whatever floats your boat. It's a big no-no to step on a venture that you barely know so pick one field, be very good and knowledgeable at it, and then invest in it.

Quote from: hugeblack on September 05, 2021, 02:32:42 PM

If you are lucky and work hard, you may get 100% profits, meaning doubling this amount during the coming period, but if you want to invest for the long term, any time is appropriate, but some times are better than others.

Follow DCA style and buy big when the next crash happens better than jumping into the unknown.

Investing in a Dollar-Cost-Averaging is a good way to start up your cryptocurrency journey but this works for people who can afford to not touch their earnings, be it big or small over a considerable amount of time. If OP is good with this he might wanna look into this technique and the ventures where he can apply this to give him the chance to earn.

TheNineClub

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I'd say to look into crypto gaming as one of the options for investments. There are solid projects there. But the main thing is not to put all your eggs in one basket. So diversification and investing in something you really believe and support. But nothing without adequate research on your own.

hugeblack

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If you are lucky and work hard, you may get 100% profits, meaning doubling this amount during the coming period, but if you want to invest for the long term, any time is appropriate, but some times are better than others.

Follow DCA style and buy big when the next crash happens better than jumping into the unknown.

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Quote from: Lordshiva on September 05, 2021, 12:19:36 PM

I want to diversify my investements and looking for various options.

You should note that diversification involved spreading your investment among different spaces, like investing some in Bitcoin and some others in real estate.
Some people call investing in multiple cryptocurrencies diversification, but the coins are mostly correlated and only a few are actually worth investing in. Better to pick from several niches.

Quote from: Lordshiva on September 05, 2021, 12:19:36 PM

Also i heard about staking can you also tell how staking works and how much profit can i make out of that.

Staking in cryptocurrency technically means to lock up your coins for a period of time for a percentage increase. Projects use it as the algorithm which runs the network; Proof of Stake, and those stakers are helping to maintain the network.
Some exchanges also call depositing your funds for a period of time to get a profit staking.

izsara

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A fantastic amount to invest in crypto, but in a fairly high bull market, you may have to wait patiently for the right time. A time of slow correction will come. So you have to pay attention to price movements and market trends. By the way, do you want to invest everything in crypto? or just a few percent?

alpamar99

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if you are impatient then I think for now btc is still highly recommended to invest even though seeing from the candle now it has started to increase but for the long term I think it is okay to enter now there, unless you still want to wait for btc to go down again and be ready- ready to buy there.
but for others, I think now nft is also pretty good, especially the hype right now, like axie infinity, which is still very popular at the moment.
If you want to invest but on the other hand want to find fun in the game, I think Axie should be on your list.

macson

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you can divide the funds you have into several crypto assets....for example, you buy 50% in bitcoin then staking your btc in Celsius, 40% you buy $cake then you stake in pancakeswap then the remaining 10% you make capital to play Axie infinity because it's very booming. ^{(once again what i suggest is fine if you don't follow, keep doing your research first)}

electronicash

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wait for the dip before buying BTC because it looks like there will be a huge correction again. the market seems very squeezed already that any moment there will be a red candle sending the price straight down. i could be wrong though but if you could just wait maybe you could get in when there will be a correction down to $46K maybe.
if we couldn't break the 50k resistance level, a dive is possible.

Lordshiva

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Welcome back 🙏

Yes 10,000 USD is surely a big amount for me, i can take some risk but cannot risk all of it. I want to diversify my investements and looking for various options. Also i heard about staking can you also tell how staking works and how much profit can i make out of that.

hichamito37

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Quote from: Lordshiva on September 05, 2021, 11:40:00 AM

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.

Yes , The amount of $ 10,000 seems quite large for long-term investment projects. Currently , The NFT platform is a development trend. You can think about this new direction of investment , About profitable NFT games. As far as I know , There are AXIE , PVU plant , Crypto Zoon... these are the projects that I'm investing in . If you are interested , You can join me in investing in such projects.

jackg

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https://bit.ly/387FXHi lightning theory

Quote from: Lordshiva on September 05, 2021, 11:40:00 AM

i never done big investement in crypto before so please give me some ideas.

I really feel like now is a bad time to start investing in crypto. You light get lucky or you might get scammed by stuff. We're going to be nearing more hype soon enough and off the back of that will come a lot of scams and bad projects (there was already an increase with that just before the last peak)..

Don't invest all in crypto, if you wanted to invest something then put it into bitcoin. Put the rest in stocks or something and wait for bitcoin to crash if you can.

This is if 10k is a lot to you, if you'll be fine losing it then you can invest however you want.

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