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

[coingrow]

For me I would diversify it 3 ways. No. 1 Buy ASIC's along with GPU to mine other alts. 2. Also I would pick some new alts that have yet to be shilled or have proven track record of more than 2 plus years and are in consolidation zones.

[batang_bitcoin]

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.

$50,000 is too big for an investment and I'm going to be wiser for spending that money. I'm always looking for positive results and though the difficulty in mining with GPU's and asics are even higher today. I'm going to focus with trading on this thing but I'll still mine. I'm going to build 2-4 GPU rigs on this money and will certainly buy a lot of ETH and bitcoins. Trading has less maintenance unlike mining though it's also profitable.

[frowsiter]

That's big money dude. I will probably put 50% of the money in to my wallet in the form of bitcoin. This is because I don't want to be complete loss with that kind of money. Saving this for cold storage would be ideal as my money will still grow and it would be my back up money in long run.


Rest of the amount is still bug and I will choose ASICS rather than gpu. The gpu are getting costly and you will need lot of them to cover the block problem solving capacity. With ASICS you will get the power and the money that you investing a lot to maintain at lest 10 units. That would be great rig to start with. From the profits you can buy more and keep multiplying your rig to have great profits in the future.

[VeeTeaSee]

i think i would invest almost everything in crypto , and buy 1 or 2 ASICS...
there are coins that worth the investment
but its only if you are really able to spend 50,000$...
its psychological thing
not because are going to lose this money
its because you need to hold and be patient.. and if this money is too important to you, you can not hodl . .. .

[meelvanchris]

If I have that huge amount to invest then without thinking much I will prefer to invest majority of my money in bitcoins and hold it for long term and rest I will diversify in different coins like ETH, Waves, XRP and XMR which has potential to go much higher in future.

[Seansky]

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 $50,000 dolars, I would start with GPU mining and mine altcoins only. I would invest at most 10,000$ on GPU mining. I would not invest onto asic mining since it would be hard for me to ming with GPU and ASIC at the same time. I would put 30,000$ on bitcoin and hodl it for long term. Lastly, I would invest 10,000$ on altcoins that I trust and on some of the TOP coins that are sitting in a pretty low price that I have took an interest into.

[stunvn]

Damn.

I will use $10000 to buy asics
$10000 to buy gpu mining
$20000 buy BTC and hodl.
$5000 trading
$5000 pay electricity bill

[cryptomato]

I would buy 10K USD BTC, 10K for Bancor, 10K for ETH , 10K Ripples, 10K Blackmoon.

[okissabam]

I don't have that enough knowledge about mining though I really wanted to try that one out though, but would cost much to set it up and the monthly bill for your electricity should be something to think about too, so if I had that amount of money now I think I would rather spend it on coins. Probably dividing it in half, half would be for bitcoin investment and the other would be for other altcoins that have potential.

[Xenoph0bia]

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 think minning with help of asics will be more profitable than investing in altcoins. In mining you can expect returns in less time as compared to investing which requires more time for a good return.

[disam]

no miners, just alts and trading bots

[sylance]

Well the question was either or so I'll answer with my opinion.  For me, I'd invest it and not mine; mostly because the space, energy, and time it takes to get a mining setup to consistently deliver profits.  If you already have deep mining skills and understand the setups, and also the logic behind deciding most profitable coins, and access to low cost or free energy, then maybe mining is the way to go.

For me, I don't see mining as something you purchase and walk away from, it's something you have to manage and work at.  Since I've chosen investments, this is what I'd do with my money.  I'm a pretty conservative (for crypto at least) investor I'd create a short list of mostly stables coins:

• Bitcoin
• Ethereum
• Omisego
• Dash

I'd put 40K of the 50K into those.  Then I'd create a highly speculative list for coins I see could 'moon' over the next year or so:

• NEO
• Monero
• DeepOnion

Then I'd go to TradingView and setup alerts for when the prices crash (because they always do) and use those to purchase the above list of coins.

[tylerik1]

You should buy a good amount of altcoins and some good mining machines! But you should choose a lot a bags, never go all in at one coins!

[bhabygrim]

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 were to use that amount of money, I would just invest it to coins. Mining in our country is not advisable, electricity is to expensive in our country. I would just diversify my investment and choose coins that are worth investing. Most of it would be invested in bitcoin.

[feelideb]

If I have 50k, I would invest it in Spectre ICO. With the model they have couple with the singular mission of broker less platform. Once they are able to build this platform and deploy it properly, my 50k would become 5million.

[carlisle1]

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 were to use that amount of money, I would just invest it to coins. Mining in our country is not advisable, electricity is to expensive in our country. I would just diversify my investment and choose coins that are worth investing. Most of it would be invested in bitcoin.

but if not in such a hurry and just love to hold mining also will give you a lots of opportunities especially if you will going to mine alts that will grow
after some years, maybe split it up into 3 parts mining , holding btc and alt trading.

[meliodas]

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's a big amount of money, if you were to consider mining you should have a big room, a nice set-up, good computers and some good people you can trust to maintain your computers from functioning well. If ever you will invest, you should diversify your investment and choose the best coin to invest in.

[sunhany]

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.

Cloud mining exist, you could use that service to mine a coin that you know is going to rise in price in the long term and something personal I would do is to take $1000 and spread it out on some promising, small, new altcoins, worst case scenario you lose 5% of your $50k.

[Marvell1]

If I were you I would deversify that amount 50/50 to ASICS and CRYPTO. But you still need experience to choose the right coins to mine and to buy. It would take all your time

[buxlover]

I don't see any use of ASICS and gpu miners now a days. Starting from the scratch is just not the good way to go in this era. If you would have offered this much money few years ago then I would have sat up whole rig with two three dozen of ASICS and maintain it. But for now that option is closed and we must choose the right and profitable path to invest money.

With that amount I will have most of the bitcoins and few top most altcoins covered as my investment. I will keep rest of the share as fiat and will watch the potential coins in the future as new ICO will coming everyday. On top of that I will use that fiat to buy bitcoin when it will fall very much below.

So just trading and investing but no mining for sure.