I've got $20k to invest. Please recommend!

[ashkanb]

If you'd like to specifically invest all your 20k in cryptocurrencies buy and hold bitcoin; it's your best bet, long term.

Do Not even remotely think about bitcoin cloud mining, or any kind of bitcoin mining (you'll loose your money faster than you can burn it);
that is unless you have very very cheap electricity (preferably free) and you are doing it yourself;
mining is becoming too competitive.

Google a bit, find a few good books on investing and go through them it'll be well worth your time!

Diversify your investment portfolio a.k.a don't put all your eggs in one basket!

[angaper]

According to my personal experience, the best investment is Forex trading. I am able to generate 20-30% in a monthly basis practically with no risk, and that is why I think it is the best option to invest, but you need to develop some skills and experience before deciding for this option.

[iram66680]

Just a word of advice:
don't put your investments all in one place and don't trust into one type of stock or thing to invest in.
Those would be your best bet so you can make it grow quicker.

[thesame12]

There are broker sites like 1broker and CFD1k if you are interested.

[ivanst776]

Don't put all eggs in one basket, if i were you i would be bitcoins, ethereum a part of them holding and a part of them trading if you have knowledge, mining is only profitable if you have free electricity but we will not know what will happen at the halving time.

and there is also another problems as stated in mining speculation section....
The growth "exponential" of hashing power!
You can estimate by now up to 2/3 months.... and even with free electricity you can't stay safe enough

That's right, the graph shows that growth in exponential which wasn't before. If the amount of budget would be higher i would suggest OP to invest in apartments, in lands in his country, investing online has higher risk.

[Duomo]

So this might not be the answer you are looking for but I would recommend diversifying your portfolio to spread out rate of return and risk. I would recommend investing $2,500 in stocks (equities), $2,500 in gold/silver, and $15,000 in crypto currencies. Yes, a crypto-currency advocate just encouraged you to invest in stocks and commodities. So with that $15,000. I recommend investing in Bitcoin and Ethereum. $7,500 in bitcoin and $7,500 in ethereum

[pooya87]

- the lazy method is to buy bitcoin and hold for at least 6 months and sell for profit. but this is risky for $20k
- you can also buy other things like gold, stocks,... and sit back and enjoy the profit
- there are some other small stuff for earning like lending, trading, investing in altcoins you can choose as alternatives or with small amounts.
- best thing is to start a new business. for that you are going to need a niche. if you want to just copy from others that would be a fail before the start. as others suggested you can make a good profit from a popular casino but any new casino is hard to become popular if you don't know what you are doing.

you can either choose one method to put all the money or diversify and choose a couple of them.

[ranlo]

Hey folks,

I've finally got around $20k to invest in long-term. No, unfortunately I cannot put this on a bank to get like 10-15% per year, I'd need something way more good.
What would you recommend? Mining? Other crypto?

Investors, please get me some cool ideas.

Thanks in advance,
Marcell

You're asking this in the wrong area. There are two types of people here:

1) Those who make money investing

and

2) Those who don't

Those in class #1 aren't going to tell you where to invest. We're not your fiduciary. We're not your adviser. What you're doing is akin to asking in a public forum for legal advice -- no legitimate attorney is going to provide it (outside of very basic things) until you're a client of theirs. The risk is too great.

I don't say this to be rude, but rather to help protect you. If you follow advice here, you're more than likely going to have a bad time.

[nanonymousx]

First there is no bank pays over 10% anymore, if you know a bank pays more than 10%, then it must be doing something behind your back, not necessary a bad thing, but you need to know.
In terms of bitcoin, my feeling is that holding bitcoin, is like holding a gold bar, if will not pay you anything, you are waiting for price appreciation.
The only way I can think of is to buy in a 6 month period, each month you spent about 3500 to buy coins, so that price averaged to a reasonable number. Each week you buy a little bit more than 2 coins at current price. Hide your coins in  a code storage.

[ranlo]

First there is no bank pays over 10% anymore, if you know a bank pays more than 10%, then it must be doing something behind your back, not necessary a bad thing, but you need to know.
In terms of bitcoin, my feeling is that holding bitcoin, is like holding a gold bar, if will not pay you anything, you are waiting for price appreciation.
The only way I can think of is to buy in a 6 month period, each month you spent about 3500 to buy coins, so that price averaged to a reasonable number. Each week you buy a little bit more than 2 coins at current price. Hide your coins in  a code storage.

This only works if it appreciates over time. If it drops, you still lose. BTC isn't proprietary. From an investment standpoint, it's a horrible risk vs. reward ratio.

[btcxyzzz]

Most advanced projects out there are Ethereum, Monero, Slock.it, NXT, Bitshares, Decred. Split at your likes.... A word of warning... Bitcoin is dying.

[Amph]

invest in some good altcoin, i've spotted lisk that may seems a scam at first but it rised nearly 10k bitcoin already and one guy invested 1k bitcoin in it, so you're safe that no one will dump on the entry price(because it is fixed)

[jack1111]

I think you can invest in cloud mining . it is profitable and you can invest in some trusted HYIP sites . but be careful to put all money in one site to avoid losing every thing

[Cashsyur]

Hey folks,

I've finally got around $20k to invest in long-term. No, unfortunately I cannot put this on a bank to get like 10-15% per year, I'd need something way more good.
What would you recommend? Mining? Other crypto?

Investors, please get me some cool ideas.

Thanks in advance,
Marcell

$RADS
developer update new feature some hours ago i will the price can be +50% today

[Cashsyur]

Hey folks,

I've finally got around $20k to invest in long-term. No, unfortunately I cannot put this on a bank to get like 10-15% per year, I'd need something way more good.
What would you recommend? Mining? Other crypto?

Investors, please get me some cool ideas.

Thanks in advance,
Marcell

$RADS
developer update new feature some hours ago i will the price can be +50% today

look at the price now

[johnyj]

Ether looks good right now, start small, average down. Bitcoin is kind of risky right now, wait until the block size debate is over

[recitestores]

I suggest you to invest on revsharing site(I will guide you if you want) or trusted cloud mining (I will give trusted cloud mining link if you want to be my downline)

[alani123]

Do you have experience with trading? Bitcoin has the most liquidity out of all cryptocurrencies but it's still very volatile. You'd be able to take advantage of that with some luck and patience but nobody can guarantee profit or even 10% profit. If you can't afford to lose part of that 20k, stay away from investing in bitcoin related stuff altogether, they tend to go bust very often, even the ones considered "trusted". If you get anxious easily you might just wanna get that bank deposit and stay away from bitcoin.

[Red-Apple]

i am afraid you are not going to find anything good here. for big amounts of investments you need to come up with a plan on yourself because if anybody has such a plan they won't share it here.

look at successful businesses in bitcoin and you might find one yourself. there is a lot of places exchangers, gambling casinos, or even a block explorer / wallet like blockchain.info with all the ads

[jeniferqueen0409]

Become an entrepreneur and bootstrap your startup. 20k will give you plenty of steam until you find some investors, although you need a good idea and be able to execute it.