Where to invest 10k presently. That’s a million-dollar question even we are speaking just about a millionaire and you wouldn’t be reading this lecture. However many succeeded to turn 10k into million dollars. Those who bought Bitcoin for example below the $100, those who bought some Altcoins while they were listing. I wouldn’t suggest you do that. Buying an Altcoin on the cryptocurrency market is super risky believe me, I have done it. I have lost money with it and I have gained money with it but it takes quite a huge experience in the field to recognize which are the potential coins, when they are right there on the market, to grab them before they are launched on the exchanges.
But let’s leave the Altcoins for a second. The question is where to invest 10k in 2022 when everything is so expensive. The crypto market is at its record highs, the stock market is super high and everyone is speculating that it will crash, the real estates are at record high, not just in the United States but in Europe and all over the world. With 10,000 you cannot really buy decent real estate unless you are from a small town where I was born and you buy a house in the villages. But you wouldn’t really want to do that unless you want to live there because the chances of selling such a house after that are super low.
Where to invest 10k right now
So where to invest 10k presently and what I’m about to say right now please don’t take it as a piece of advice you should always do your research advice with a professionalist the purpose of this video is just to share with you what is my personal opinion where to invest 10k presently, when everything is so expensive right and of course, the videos are for entertainment purposes.
Investing in Bitcoin
So the first thing I’m about to say is that I would invest 50% or in this case, it would be 5000 into Bitcoin and you will say “wow but it’s so expensive right now”. Yeah, back in 2017 at the beginning I remember it very clearly because this is when I quit my job and I started recording videos the Bitcoin, it was about $1000 and so many people were “oh it’s so expensive why you’re buying a Bitcoin, how could you be trading it so expensive”. Well now it sits at $64,000 and it’s trying to break the record high we had from April 2021.
Alright so the price is never expensive, it’s never cheap, it’s exactly where it should be. I always like to say that the price is where the buyers meet the sellers. If the price is at $64,000 it means a lot of people are buying it and it’s right where it has to be, so there is neither expensive nor a cheap price. However, I would never buy after such a move because when the price reaches new record highs the whales are ready to take profits.
Back in March 2021 when the price was climbing to new record highs we had towards the $58,000 then we reached just above the $60,000, then the price dropped and then it reached new record highs. The whales, the big guys that have millions in Bitcoins, are ready to sell it and to take profit, the price drops, they buy cheaper and then they push the price again higher. This is how the market works.
So what I would usually do is wait for the price to drop somewhere between 25% and 50%. Recently in May and June 2021, the price lost over 50%, just for a few days. I’m always looking at the most recent top so whenever you see a nice stop on a daily chart and you see the price starting to drop, this is where you should be ready to buy.
Recently the $28,000 turned out to be strong support, then we had a stop and you can see the price started to drop. So what I was doing, in this case, I was taking one price measurement to see how much is the decline and at this moment right here and this day the price dropped by nearly 20% which is not enough for me.
Then after that, it dropped down to 25% which was perfect. I’m super happy buying Bitcoin if it drops 25% and this is the last time I bought Bitcoin.
Now the price did another impulsive move towards the new record highs and what I would do right now I would wait for another 25% drop so if Bitcoin drops down to what is it, $51,000 or let’s say it retests the $50,000 support level I’ll be happy to invest 50% of these 10k that I took as an example in this lecture.
So if you see Bitcoin at new record highs, it might be a good idea to buy it but I don’t do that. I’m always waiting for the retracements, for the whales to take profits because they are buying it when the price is cheap not when it’s expensive. When it’s expensive they’re taking the profits and when the price is cheap I wait to buy and I use at least 20% to 25% and if I have to be precise in this case 25% is actually okay because it is a higher price from where we are starting so it’s down to the $47,000.
I’m not saying this will happen, I don’t know it will happen, I don’t care if this will happen, this is super important that it took me quite a long time to realize that I’m looking at the price I’m waiting for the retracement if it happens, I buy if it doesn’t happen it’s okay. I already have bought and I’m waiting for new levels to take the profit and then I’ll be taking some new trades when the price drops, if it drops, if it doesn’t I’m okay.
Investing in Ethereum
So where I would invest the 10k in 2022 except the Bitcoin. I said 50% in Bitcoin and another 20% goes to Ethereum. Ethereum is the second largest cryptocurrency according to the market cap and we are as well close to the record highs. At the current moment, we have a record high from the 12th of May 2021 with a price of $4384. This is when I was taking one of my profits.
I was actually posting about it on my Patreon page, so if you want to know when I’m buying and selling crypto check out my Patreons page. It will be super useful for you to get the spreadsheet where I track all the coins I have, it’s easy because all I do is import the current market price and everything else calculates automatically and as well you will get notifications from me whenever I buy or sell crypto so if you’re not following the charts all day long I’ll simply save you a lot of time.
Now Ethereum is an asset that I like to trade more frequently compared to Bitcoin and you see that back in May 2021 it lost over 60% of its value and with the recent drop that we had and the one I showed to you with the Bitcoin we can see that it lost over 34% of its value.
So for the Ethereum, I’m looking to buy when it drops between 30% and 60%, with Bitcoin, it is 25%-50%.
Apple stocks
The next 20% go to Apple and this is not just because it’s one of the largest companies out there, not because it is a top selling phone nowadays but because the price of the shares form a nice uptrend and if you look at the chart, I have the trend from the last 1 year. Obviously, if you were buying Apple back in 2020 after the Corona crash on the market you would be on a great profit.
Personally, I concentrated more of my investing and trading in the crypto market. At this time I don’t regret it but as well I took some Apple stocks and I keep doing it whenever I have the retracement. So if you look at the price you will see that back in January 2021 the price dropped by 20%. Then I’m not looking at that later spike over here because it’s not normal. I will take just the next drop and I will consider that top over here from April 2021.
You will see that the price lost 12%, okay and then if you look at the most recent drop that we had with a lot of speculations that the stock market is about to crash, I’m not saying it will happen I’m not saying it will not happen, but we can notice that the price dropped with 12%.
So what you can notice is that Apple is less volatile than Bitcoin and Ethereum. It’s considered to be more stable and the stock market, in general, is considered to be more stable compared to the crypto market. So the next 20% I will invest into Apple stocks when we have a drop like the one we saw. In this case, I took these breaks of the Counter Trendline.
So the last time I have bought Apple was at 143 and previously it was down here at 125. I will see where the market will go but I’ll be happy buying Apple stocks whenever the price decreases more than 10-15%.
If it’s more obviously I’m happier and I will buy more and this is where you have to set up
your mind that you should be happy when the price drops. Even you have bought already and you miss taking the profit if you see the price dropping, be happy because you will buy more at a cheaper price but don’t forget that at one moment you have to take profits.
Recently I have sold for example Ethereum at $3480. It was just when the price broke this 5 Moving Average, I think it was just on that day and I have bought it previously at $3000 and the $2500. So I was on a profit and now the price is higher but I’m happy because I took some profit along the way. Obviously, I didn’t sell the whole thing but I sold about 50% from the Ethereum that I had and I realized some profit.
So if I have to summarize it where to invest 10k in 2022 I would say that it is alright
to buy crypto whenever the price drops, it is alright to buy stocks whenever the price drops.
Skills and tools
You might think, okay there are 10% left. I would strongly suggest you invest 10% always in your skills and in your education. I’ve been trading on the markets for over 10 years now, the crypto market for over five years now and I can tell you that every day I invest in my education. I’m taking different online courses even I’m an online instructor.
I always have something more to learn from more experienced people, I invest in my skills in recording videos, editing videos because I like to edit the videos by myself. I invest in my equipment because this is what makes me money nowadays, as well I invest in a better camera, a better microphone, a wider screen which will give me a better overview of the market.
So 10% of the money you want to invest I would suggest you to use for yourself, for your skills, for your education and for your tools, no matter what you’re doing. Are you recording online courses, are you driving your own car on your job, I would suggest to invest some money into it so it will be safer. You get my point, anything that will increase your skills and your knowledge and the tools that you are using to earn your income is worth it. Don’t hesitate to spend 10% on that.
Before you go don’t forget to grab some free Bitcoin in the description below if you don’t have registration with some of the huge exchanges and I’ll be super happy to see your thoughts on where to invest 10k right now even you don’t have them. Just give me your idea in the comments below, I’ll be super happy to discuss it. If you have any questions I’m always there to answer enjoy your day and I will see you soon.