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Author Topic: If you had $50,000 to invest into mining, or coins...  (Read 2373 times)
Kamelia
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February 22, 2018, 08:47:45 PM
 #121

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.
wanderloy
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February 24, 2018, 11:57:38 AM
 #122

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.

wanderloy
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February 24, 2018, 12:01:38 PM
 #123

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.

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