I am new to crypto investing, and would like to invest~$10k. Apart from bitcoin and ethereum, what other options should I look into?

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

The question you should be making is what are some good resources for learning about crypto. My answer is the CoinBureau on the tube and Coinmarketcap.
And for the love of God, stay away from meme coins.

like

Nft are good ones too Dm me for how to safely get into the nft world

like
Recent IconRecent

Avalanche, polkadot...Cardano

like

$MTV baby

Why not bitcoin or Etherum, if I may ask?

1. Gain potential is really low compared to other L1 chains due to their already giant market cap.
2. Transaction fees go boom for both chains
3. Bitcoin is slowly but surely losing its position to eth. Once the 'flippening' happens (if it happens, multiple factors at work here) therell be a huge sell off
4. Eth scaling and enjoyable tx fees are probably another 5 years away, rendering the L1 chain pretty much unusable if you dont trade with an insane amount

Don't wanna shill my personal favorite, but these are some points against those two chains. Of course you have to consider that F500 companies are mainly working on Eth atm, but other chains are starting to gain some traction too

smartfunny

Don’t go all in for the first couple of weeks or preferably month.

I’d recommend googling and researching on your own about this industry as a whole and the technology before diving into any coins. You’re finding a lot of troll responses here and I hope it doesn’t push you into any specific direction. It’s a highly risky field, especially now.

Put the majority into btc and eth. Put 10-20% un altcoins like some of the ones in this thread, with the understanding that although you'll lose some, if one gets big, it should be good.

Invest in some NFTs

Pokt

Ask yourself what you want to achieve. 20% “low-risk” apr? Ust in anchorprotocol, “safe” 2-3x in next 2-3 years? btc/eth/sol, higher risk but 5-10x potential? Luna/ftm/avax/near/atom/aerweave/looks/degen defi lp pools & staking in ftm/avax networks, very high risk ponzi-like plays with amazing passive income potential (3-5x your investment per year)? Universe, thor, strong, power, redlightnodes. Gambling? Shiba inu, doge, floki

Likely best to diversify among the above with whatever % works for your risk appetite (avoiding gambling plays…)

Pavia

Other than Solana, Matic/Polygon and eth and Bitcoin, I would buy quartz/sandclock or Metis Token or Avocado Dao, I would also look at the passive income ideas and diversify your money!

SAITO!

Coinbureu 👍

Research: Luna, VGX, Matic - work the APY method, USDC

Related Posts

Planning buy Audi Q7. Dealer says there are no rebates and offering the car at MSRP. I know we can get it for much lesser. Any tips about negotiating?

Would you buy a brand new car in cash?

like

Maxed my 401k with todays paycheck 🏆 a lonnngg way from FIRE but step by step my friends!

likeuplifting

The wife, baby and I are moving to Greenville SC in the spring.

Would love to hear anyone’s experiences about the city and where you’d suggest we start our house search!

like

Still using Ally Bank savings account, but the APY had dropped to .60%. Time to move. Any recs on personal savings account? This is my emergency “savings”

like

How do filmmakers find investors?

like

Which service(s) do you use and can recommend to send money to India?

Looking for suggestions on stocks to invest for beginners? Any suggestions on YouTube channels or articles/people to follow to read and stay updated on these things?

like

Is it wise decision to invest more than 3% in PPP. Now a days cgi share price is growing rapidly.

Any thought on individual contribution(more than 3%)

# CGI

like

BakerTilly people, what application do you use to prepare your financial statements? Do you use word/excel?

likefunny

When my portfolio was going nuts 🚀💰 made over $100k profit last year and on same process this year.

Post Photo
like

Received less salary this month also. (Same amount as last month)
Why is this happening? Too much tax 🥵

like

Pro tip: live close to poorer people to feel rich. The feelings of wealth are extremely subjective and is mainly based on comparison

likefunny

Is there an investment fund or group that anyone knows of? I heard of Fundraiser but it seems very convoluted. Looking for an investment group or development group to invest with

like

Hello fishes, will be really insightful to understand cost of living in Doha for a single person. Rent + food and other expenses manageable at 8-10k QAR/ month?

like

In your opinion - What type of property is the easiest to sell?

like

Anybody know what's up with QS?
Good to buy the dip? They down 40%

like

What’s a good, practical tax book to read for someone who knows nothing about taxes? I feel like I should familiarize myself with them but don’t know where to start/find the topic very overwhelming and dense even as a finance attorney. Welcome to other beginning finance book suggestions too! (Already read Kiyosaki and Ramsey)

like

House flip question

Hey all newbie here. My husband and I are living that Double Income No Kid life wanting to (Financial Independence) Retire Early.

Both in tech in the Bay Area. I’m in Arizona visiting family and am thinking of an investment property. Does anyone have a book/course/video that they personally have used and recommend for flipping houses? I want to do some research there’s a lot of content out there.
Thanks a bunch!

like

I'd like to buy, but the market is absolutely atrocious currently

like

More Posts

Any local jewelers you’d recommend for diamond and gold jewelry? Looking for tennis necklace as well as 18k gold earrings

like

How much time do you typically take off in a year?

like

Personal finance book recommendations?

like

Great food recommendations in Madrid? Preferably not super pricy

like

Is it common for a midlevel to gossip with a first year about another first year’s work? Is it common for midlevels to trash juniors amongst themselves? I think my office is hella toxic

like

Has anyone actually found love at work? My best friend started at a new company 6 months ago and she just took an offer somewhere else because she and her senior manager fell for each other. After 6 months she knew it was worth leaving her job for! I've been working at the same place for three years and I went on one date with a guy who didn't even work with me he just worked in the building. What am I doing wrong.

like

Any entrepreneurs here had angel investors actually invest in your company? If so, how did you find them and how did it go?

like

What should i go for TCS 9.5Lpa or Rategain 11.5 lpa

like

Everyone I know the last 2 weeks

Post Photo
likefunny

I am currently looking to accept new roles for a job. I have an associates in Accounting have an 8+ year background in accounts payable and am about to receive my Bachelor's in August for Business Management and Economics with a concentration in entrepreneurship. What would you think would be considered a fair hourly rate or salary?

like

Hi everyone! In your experience, what is the one tool / must-have / methodology any of your companies use to bring about a cohesive and comprehensive go-to-market strategy in the launch of new products and services? As a company scales, coordinating cross-functionally and across time zones is becoming increasingly challenging so we have identified that we need frameworks or tools to help us go-to-market in a less clumsy, more coordinated fashion. Would love to get your ideas on this.

like

My boss hasn't been teaching me anything new and I've been left out of meetings with agency partners. Is it possible that she's not helping me grow on purpose?

like

Anybody have a 39mm Polar Explorer II? Thoughts?

Hi, what's the status of WFH policy in TCS, Bangalore? Joining it soon. Any info will help 🙂

like

New to the area, anyone in this group into hunting?

like

Do senior managers at PwC in tax have predetermined sales goals for the year?

like

Wordle 399 4/6
Unbelievable. I didn’t know this is a word. 😭
⬜⬜⬜⬜⬜
🟩⬜⬜⬜⬜
🟩⬜🟨🟨⬜
🟩🟩🟩🟩🟩

likefunny

Anyone joined top social clubs (i.e. Zero Bond, Norwood, Metropolitan)? Why were you accepted in & did it meet your expectations?

like

Additional Posts in Everything crypto

TRX, HODL or SELL ? Should I buy more ?

Do you find it surprising that more people don't invest in cryptocurrencies ? Especially in the consulting industry

Ppl ask whats the next SOL, LUNA, AVAX,
But the answer is in the question.

likesmart

AST still rallying despite just over 150 watchers on StockTwits and pretty low social media coverage... tends to get spiked down after a run, so might want to wait, but something’s up

like

Accurate description of how most folks here view themselves

Post Photo
like

Confused as to how I should be buying more ETH. I have a Trezor, but would like to stake it while also having it be as secure as possible. Any advice?

like

FUN getting delisted from Trex apparently

like

I'm hearing a lot about $LUNA these days on this bowl. Which LUNA is being recommended, that I don't know 🤷‍♂️

Post Photo
like

I think BCC is the next coin coming to Coinbase

Let this soothe your souls overnight

Post Photo
like

Are there any similar off the shelf hardware setups similar to Helium that would serve a newbie well?

like

Has anyone looked into CND or FUN? I looked into DATA, IOTA competitor and looks interesting.

Thoughts on investing in FTT FTX? It’s available on Kucoin

likefunny

What if institutional investors really buy into futures and drive BTC really high, as opposed to short selling them! Anyone have FOMO?

like

What apps do you use to purchase coins such as XRP

I don’t understand why NFTs appreciate in value .. can someone explain?

like

I think this is going to be the cause of the upcoming major crypto crash around mid-2022

Post Photo
likefunny

BlockFi “potential bankruptcy” victim here… I feel terrible with thousands of $ locked away. Advised a relative to do the same a while back as things were looking good for a while. What are everyone’s thoughts? Are we totally shit out of luck?

like

Does anyone feel like these cryptos and short term real time pump and jump investments come at emotional and psychological cost? Money looks too easy and it gets frustrating when you just sold something that has been stagnant for days and the moment you sell it just skyrockets etc. just curious

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal