If you had $50,000 to invest into mining, or coins...

wanderloy

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Quote from: Nagrogflaz on February 21, 2018, 06:57:05 PM

Coin mining is high risk but the results are also comparable, with that amount of money we can try to mine the coin and also as we invest for bitcoin and some alt-coin which have good prospects

I am not confident on mining but most of my Crypto Enthusiasts friends are setting up their mining rigs and they do get passive income but I don't really think they are earning a lot than earning on trading or buying altcoins and wait for their pumps.
My friends aren't yet getting their real earnings through mining but I do earn more on buying cheap coins and selling them when I already get high enough profits..
For me I should choose buying coins than mining because I am indeed earning more than mining.

wanderloy

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I would do a couple mining rig using tower CPU with 3 to 4 GPU's in it so I would go for 50% for mining rig and 50% for buying new altcoins that are newly listed on the coinmarketcap.com.
Mining Rig is more likely a passive income that supposed to one of the most effective way on earning Crypto coins today but that's a lot of noise and heat on my room so two of them will get managed.
Buying Altcoins is also fine but we should sped time on research which coins are better than the others.

Kamelia

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If we talking about me personally. Then I will prefer to devide this money. Half of them i will invest into gpu mining and watch how it going. another half i will invest into some altcoins, not all in one sort coins in different coins. after some time I'll upgrade my mining if it'll be ok and profitable, same things i'll do with altcoins. That's my version how to spend 50k$ wisely, and it seems to be dream.

Nagrogflaz

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Coin mining is high risk but the results are also comparable, with that amount of money we can try to mine the coin and also as we invest for bitcoin and some alt-coin which have good prospects

bedford1972

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Quote from: davemanet on September 25, 2017, 09:38:42 PM

If you had $50,000 to invest into mining, or coins...

Would you GPU Mine, or buy Asics?
What percentage would you put into altcoins?

I'm curious to see how others would spread their money.

For me, I would probably start with half GPU mining, half Asics. I'm new though so I'm not sure what is best if I had that type of money.

Do not invest all the funds in one asset, it's very risky! Diversify risks. For example, half of the funds allocated to buy bitcoin and etherium and leave them for a long time. Leave some more money in fiat money, so that if you reduce the price, you could buy more or buy other coins that will be heard. The rest in equal parts invest in promising coins. For example, you can take the first 20 with a large capitalization on coimarketcap. Even if half of them die, then the remaining half can give you a good profit, but, as traders like to say, this is not accurate.

Flamebellow

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50k to invest ? Good question ... If you are not a newbie in crypto and have some experience in trading , you can become a millionaire nvesting in altcoins . But you should understand that this is a very risky business , so it will be more wisely to spread a half of your budget to asics for btc mining . This will not make you a millionaire in a few months , which is possible when investing in altcoins , but it is pretty safe and profitable way to invest your money . I think 50/50 mining/investing is a optimal choice .

BlueEther

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I would probably go mostly on a safe bet like Bitcoin and Ethereum and maybe 1/5 on an promising ICO
Less work than making a mining set up aswell

ntrader

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Quote from: davemanet on September 25, 2017, 09:38:42 PM

If you had $50,000 to invest into mining, or coins...

Would you GPU Mine, or buy Asics?
What percentage would you put into altcoins?

I'm curious to see how others would spread their money.

For me, I would probably start with half GPU mining, half Asics. I'm new though so I'm not sure what is best if I had that type of money.

If I had this money only with 1000$ I can take 10000$ in 2 month. that is huge value for trade, you must from a basket a of coins for long and an other basket for trade. so I may bought 10000$ ETH, 10000$ NEO, 10000$ LSK, and 10000 BTC, and with other 10000 i go to trade. mining is not profitable Now.

kevindjunaidi

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I will invest in mining, because the results I get definitely every month, only depending on the price of the coin that I mining whether the price goes up or down, if it rise I will sell the coin that I mining but if it goes down I will hold the coin until the price rises again.

Tryto

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rgm108

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I would say investing in coins, mining has a more guaranteed return but investing in decent teams, with great projects you can see a small amount gather over 10,000% ROI.

Yes it's harder to pick good coins, ICOs but they're out there. Just need to do research.

Cranidos

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Quote from: davemanet on September 25, 2017, 09:38:42 PM

If you had $50,000 to invest into mining, or coins...

Would you GPU Mine, or buy Asics?
What percentage would you put into altcoins?

I'm curious to see how others would spread their money.

For me, I would probably start with half GPU mining, half Asics. I'm new though so I'm not sure what is best if I had that type of money.

I don't know, man. 50K is quite big for me to spend into mining but that's just me. I might choose investing into coins since I'm not sure if I can have a good profit with mining anymore. But if I have that amount of cash I'll be investing only half of it and keep the other half. It's true that investment is a risk and I'm not ready to lose huge amount in crypto.

vc888888

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To invest these money then you should go to numbers of coins not only in bitcoins or any other .you should distribute them in various coin and invest and then check the response from where you can get more profit.

vc888888

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If you want to investment such a big amount for the purpose that you can set in home freely and you can’t take more tension and knowledge about that then I will suggest you to buy bitcoins and then wait when the bitcoin rate is high then sale it.

shawn995

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If you want to investment such a big amount for the purpose that you can set in home freely and you can’t take more tension and knowledge about that then I will suggest you to buy bitcoins and then wait when the bitcoin rate is high then sale it.

Fiord

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Quote from: davemanet on September 25, 2017, 09:38:42 PM

If you had $50,000 to invest into mining, or coins...

Would you GPU Mine, or buy Asics?
What percentage would you put into altcoins?

I'm curious to see how others would spread their money.

For me, I would probably start with half GPU mining, half Asics. I'm new though so I'm not sure what is best if I had that type of money.

It depends from prices on GPU and Asics, I think if you can get chip graphic cards you have to buy cards, yes there is more difficulties with them because you have to build rigs install software to itch one, but at the and you will be able to sell them in the second hand, and also you will get 3 years of warranty .

AjithBtc

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Quote from: Ging on September 30, 2017, 09:59:25 AM

if ihad 50.000 dollars i would definatly invest in buying coins, because mining has many expanses, electricity, equipment such as cooling, internet, maintenance, time, etc.

Mining is not that expensive, if you're planning to implement it in a small scale. I would partially use it to invest into different digital coins and the rest into mining, so that can get a sustained earning regularly. But few legal issues arise while setting up mining farm which is a big problem.

Ging

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if ihad 50.000 dollars i would definatly invest in buying coins, because mining has many expanses, electricity, equipment such as cooling, internet, maintenance, time, etc.

DIMKAZDS

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Quote from: davemanet on September 25, 2017, 09:38:42 PM

If you had $50,000 to invest into mining, or coins...

Would you GPU Mine, or buy Asics?
What percentage would you put into altcoins?

I'm curious to see how others would spread their money.

For me, I would probably start with half GPU mining, half Asics. I'm new though so I'm not sure what is best if I had that type of money.

.
Looking at the current scenario, minning is not a highly profitable venture right now. I think that you should invest in various crypto coins and tokens. Buy altcoins like civic and neo as these coins are sure to be successful

Wildwest

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Quote from: davemanet on September 25, 2017, 09:38:42 PM

If you had $50,000 to invest into mining, or coins...

Would you GPU Mine, or buy Asics?
What percentage would you put into altcoins?

I'm curious to see how others would spread their money.

For me, I would probably start with half GPU mining, half Asics. I'm new though so I'm not sure what is best if I had that type of money.

I more prefer to invest into mining Ethereum. Create some mining rigs with each rigs is 180 mh/s. With mining we do not need extra times to make some money, just need to keep watching the progress on mining rigs.

Topic: If you had $50,000 to invest into mining, or coins... (Read 2420 times)