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 investment in crypto before so please give me some ideas.
Other than investing in bitcoin Ethereum i personally don't recommend to invest in any alt coin since their prices have been really unpredictable these few past months, and bitcoin and Ethereum are made for long terms investment and they will always be relevant, but if you are trying to find some good investment other than crypto NFTs are gaining some big popularity and i am starting to think we should start moving on that hype train because there is some money to be made in those too.
Both BTC and ETH are good if you are aiming for long-term investment. You can split your money and divide the amount into whatever project you think that best suits to your investment. $10K is more than enough to start your journey in this industry, there are many available projects that have good potentials.
The best thing to do before starting your investment, try to sort the market reviewing each target assets and analyze if how the project will be usable, it's important that there's corresponding usage for each asset that you'll going to invest, better to stay away from hypes if you don't have plans taking the big risk.
Invest with top and well-known coins. Small profits are decent enough than taking the big risk hoping for the big returned.