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Author Topic: If you had $50,000 to invest into mining, or coins...  (Read 2369 times)
davemanet (OP)
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September 26, 2017, 02:38:42 AM
 #1

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.
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September 26, 2017, 03:12:34 AM
 #2

I'm not sure if I would want to invest $50,000 in crypto! This is such a volatile market I'm not sure if that would be the best idea considering all of the possible investments out there. I'd definitely buy some mining rigs... Though bitcoin mining isn't quite worth it anymore, you could make more mining altcoins as soon as they're able to be mined, I've heard. So bitcoin is off the table, but I'd look for some altcoins to mine.

Otherwise, I'd be too nervous to invest in anything other than bitcoin. Bitcoin is the most stable coin in this volatile market, and even then that's a stretch. All of this is considerably crazy and with all the FUD going on I'd hold off on buying for awhile. This market might just be starting to recover but it still needs more time.

If you do have $50,000... good luck, and you'll need it!
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September 26, 2017, 03:17:14 AM
 #3

mine is safer but do you room to put all things? mining is very noisy.but If dont have any skill trading I think mining still better
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September 26, 2017, 03:24:56 AM
 #4

To run 50k worth of mining You would have to have a great setup.
First, that is a lot of power, most houses are not even wired to have that much flow through. Setup a company and get energy discounts.
Second, that is a lot of heat, you would have to have a good method to get rid of it. Since with more heat your performance goes down

In my opinion you would have to invest 25k in having the right saleable setup, 25k in buying GPUs

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Indrawan77
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September 26, 2017, 03:35:28 AM
 #5

I will definitely choose mining, investing coins is really dangerous, choosing the wrong coins will lead to losing a lot of money although it can also be very profitable but I like stable and more sure things to earn so I will split $40000 for mining and $10000 for alt coins
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September 26, 2017, 04:09:30 AM
 #6

Not really sure what I would do with all that money but please dont put all your eggs in one basket.
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September 26, 2017, 04:13:52 AM
 #7

If we have $50k worth of money then splitting them into various options would be the best thing to do as they say never invest all of your money into a single entity. So i would probably buy some rigs and start up with mining. I won't mine BTC as it is not cost efficient, so may be altcoins would be the best choice to mine. Then I will invest some of the money into altcoins and the rest in Bitcoin. I will also keep 20% of the amount in fiat as it will be needed at some of time in future to invest further into the investment.

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September 26, 2017, 04:14:25 AM
 #8

If you choose mining, you have to search a lot otherwise you can not manage it. You can buy 20-30 gpu mining rigs (6 gpu each). You need to find cheap electricity proper room and proper cooling method.
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September 26, 2017, 04:27:44 AM
 #9

i'd take the top 10 coins and spread it evenly with eth, lite, and btc being a heavier majority % of the portfolio.
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September 26, 2017, 04:41:06 AM
 #10

Mining requires some experience, not anyone can just buy rigs and sit back and mine you need to know how to run the software etc. Investing is easier since you simply have a wallet and put your coins in them and sit back. That also takes some educating since you need to becareful where you put your money, not all coins are bound to shoot to the moon, most of them flop.

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September 26, 2017, 05:10:02 AM
 #11

I am not comfortable with mining as well the equipment to buy and set up and final return is very slow if investing 50000$ I could invest on promising Ico and som altcoin trading before put my hard earn money will do lots of research atleast for a week.

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September 26, 2017, 05:14:48 AM
 #12

I would say definitely investing.  If you have $50,000 to invest then you have the time to learn about the different coins, and watch closely to buy and sell.

Mining while might be perceived as safer, its actually not.  Sure coin prices fluctuate a lot, but the overall trend for mining at all times is a downward spiral.   While getting more people buying a coin makes the price go up.  Having more and more people jumping into mining actually makes the profitability fall.  IE Difficulty rises.  

If you do go the mining route.  At the very least find a coin that doesn't have ASIC's yet.  While ASIC's are the best for mining, it's also the easiest entry point, which also makes it the ones with the most competition, and every few months it seems some company is releasing a new ASIC that totally destroys the hashrate of the older miners making them essentially paperweights.

Check out AC3  @ https://ac3.io/
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September 26, 2017, 05:16:20 AM
 #13

I will choose mining because it is safer than trading and you should know that there are many bad currencies that can cause you huge losses.
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September 26, 2017, 05:50:35 AM
 #14

With a lower capital, I've done both.
Mining has lesser risk (hardware failure) but is slow and steady income. Pro-Predictable results Con-Longer ROI
Trading/holding coins are high risk but gives immediate profit.



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September 26, 2017, 05:59:48 AM
 #15

As for me I'd prefer put money in a long term investment in BTC, ETH, NEM.
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September 26, 2017, 07:08:34 AM
 #16

The best solution in this case would be to buy good old bitcoin and simply wait for a couple of years till the investment is about twice as big. Really, I wouldn't go for mining, because it requires a lot of your attention and knowledge, plus there's quite a risk of the things getting broken even before you can get your money back from mining. Moreover, the extremely high bills for electricity will result in unneeded attention of the governmental institutions to your business.

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September 26, 2017, 07:31:08 AM
 #17

If you are an experienced trader, then trading is significantly better for returns. If you dont know how to trade (never done it outside of crypto or only been trading in crypto less than a year) then go for mining as its guaranteed long term gains.
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September 26, 2017, 07:34:05 AM
 #18

I would go for coins and would diversify the investment in multiple coins including BTC, ETH, XRP, LTC and other smaller coins. 

Wish I had 50,000 to invest and I would go for it! Grin
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September 26, 2017, 07:39:40 AM
 #19

If I have such amount of money I will rather invest it in different coins and new project during ICO since I don't know much about much about mining. The problem in mining is the cost of electricity which very high in my country.
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September 26, 2017, 07:41:35 AM
 #20

Before you think of going into mining, I will gladly urge you to go through the mining section of this forum and learn more on the present mining trend. Hopefully this can even be moved for you to mining section by the admin. Mining so far is not a child's play! However, if you want to, I'd consider ASICs instead. If I were to have such amount of cash though, mining would actually be the last thing on my mind. I will consider splitting at least about 40% of it into some altcoins with huge prospect, while I use the rest for bitcoin. Then I will consider trading at least 40% of the 60% bitcoin I purchased to earn more. Now, I am a trader, So I am speaking from the trader perspective by assuming you already know how to trade and if you don't, there are so many resources online to help you with that. Trading to me will get you the best and quickest profit in no time.
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