Topic: Have $10,000 what would you do here? (Read 1386 times)

If anything, bitcoin mining is becoming less and less suitable for the normal home miner every single day, and if the S9 isn't a good investment as of now, it's not looking good for a next-generation miner. Bitcoin difficulty's expected to rise even higher than it is now, with all the new S9s on the market. I agree with your altcoin statement, and if you could invest a bit into Ethereum mining and find cheap cards, you may be able to make a bit, although a difficulty bomb is scheduled for Ethereum and mining won't be profitable past that point. Scrypt is looking promising with the Innosilicon A4 Dominator, though, so I would look into that if you have enough money.

I suggest to you for now mining ALT Coin, for best ALT coin maybe DOGE, ETHERIUM and DASH. If the Bitcoin price USD 1000 or more, you can turn to mining Bitcoin. Besides that you must consider the electric cost

If i have got $10,000 in my pocket i will start from altcoin mining , with 25% of my pocket limit, and do altcoin mining for the new coins and when they are pused to exchange i will start to trade and get profit immediately. apart from this i will do sports betting with the other 25% of my pocket limit. balance 50% i will split in small percentage and do daily buying of bitcoins as i know in future the price will be high. So like this i will start to work with my pocket money.

i would wait for the next gen asic if you really want to mine bitcoin, because right now not even a s9 is very good as investment, the price tanked and the halving is killing it, otherwise you can look at altcoin, with 10k it might be possible to buy 3 rigs and have a very good return

Either way, mining isn't as easy as most people think, and you're likely going to have issues along the way, especially if you're planning to use solar power (which is probably not going to make your money back due to maintenance issues). Mining's moving away from home miners faster than a rocket, and it's a bit disappointing.

It will be very difficult to make ROI and collect a large amount of coins before your miners become obselete and you have to reinvest. The halving did not help either.

I know you probably want to hear about mining, but still, the fastest way to reach your goal of not missing out would be to straight up buy the coins at an exchange and just hold them. You get the same results as by mining them (the coins), but you will have them now. You may miss out on a few if your miners manage to break even and start earning, but the risk is much lower.

If you insist on mining, best to avoid cloud mining (most ended up being scams or not profitable) and just build your own little farm. Maybe you can ask that neighbour of yours for some advise, as he obviously knows what he is doing if what you are saying is true.

Probably buy some miners as I have access to cheap electricity. It's just fun for me and if I ever had the opportunity, I'd make my operation just a smudge bigger. Cooling's not an issue for me as I live in a relatively cool place and I just need fans to push in air and fans to get it out- ac isn't necessary.

I'd also invest in various sources like altcoins and start a small loan service to make a bit of money; I'll mainly save it.

You should stay away from cloudmining. That's your number 1 rule. It is proven ponzi which you won't get your ROI ever.

Regular mining also isn't profitable unless you got free or near free electricity. Your ROI will never be there again. Becoming rich from mining is over as you said.

Stay away from stocks too. There is a huge bubble there right now.

>>> Buy Gold <<<

It will skyrocket soon. You will soon consider 1350$ as cheap.

These aren't entirely the kinds of replies I was looking for 

But I do appreciate it. I was literally saying... "Here is $10,000 what would you do exactly*" to see who has the greater head on their shoulders.

I am presuming $ 10,000 is nothing compared to most of the miners here on Bitcointalk.org :/

I would invest in several different altcoins. Some ideas include Ethereum, Ethereum Classic, DASH, Lisk, HODL, Monero, WAVES

I would check coinmarketcap.com for altcoins that are doing well.

I will pick the altcoin with low to moderate setup requirements, hashrate and good market demand to mine.

Whatever I make, I can exchange for ether or bitcoins to make profit.

Bitcoin mining is quite expensive to setup and the time it takes to break even is a bit long, ether is going along that route too.

So I will look for some altcoin that will give me fast returns.

i would buy btc for 8000 dollar + Hardwarewallet to hodl them, 2000 dollar for some altcoins like "Next" for hodl to get some "Ardor" and "Krypton".

Hello everyone,

Let me first say, I am very very pissed, I stick to mining bitcoin 7-8 years ago 

Now my neighbor who stuck with it, is at 10,000 BTC in his wallet, dear lord. He's also probably one of the smartest people I have ever met and wealthiest from all his ventures. He says sooner or later the price of BTC is going to just skyrocket.

Considering BTC was 30$ before and now around 575$... I want to get in...again, and not leave.

So, I have $10,000.00, it isn't a lot...I know. When I get another paycheck, I'll put in another $ 10,000.00

I read around a number of places, there is ether, there is cloud mining, there is straight up BTC mining, and alt coins etc.

Let us say you had $10,000, to start and to put your money in an area with the most returns where would you put it?

I am interested in cloud mining, since I don't have to maintain anything, but then, cloud mining in BTC? Ether? AltCoin etc...

I am interested in a profitable way to invest these funds.

(Also note, due to the nature of my business, if I don't use the $10,000 on something, I lose it. Don't ask why, Being self-employed has some perks. So, the $ 10,000 shouldn't be included as an expense, it's just "there")

Any tips/ideas/best routes to take would be greatly appreciated.

Thank you for your help! I hope to stick around on these forums more than I used to. I'm still really angry I left BTC mining years ago.