Post
Topic
Board Economics
Re: Where to invest my 10,000 USD
by
xypos
on 06/09/2021, 03:03:28 UTC
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.