Post
Topic
Board Economics
Re: Where to invest my 10,000 USD
by
AicecreaME
on 08/09/2021, 13:28:44 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.

$10k is a huge amount of money for me. I suggest you diversify your funds to avoid regret later on. Invest in the top coins for the long term and spot on some altcoins that you think have the potential to have a price increase. It's good to invest right now that the coins in the market are in its low position because you can make the most out of your money most especially when you invest in bitcoin. Also, always remember that invest what you can only afford to lose. This is the golden rule in investing. Do not follow the hype without background checking if it is worth the risk to invest in.


Aside from investing your fund in top coins, you can also take a look at the popular and promising NFT games at the present. So far, the Axie Infinity has a huge potential to make your funds grow when we talk about the long-term goals. Their whitepaper seems really good. The developers are active so you don't have to worry about them abandoning the game. This game has been the 'founder' of p2e games and is at the top of its game amongst the rest. Just do your own research of course before diving into it or in any investment vehicles to avoid losses.