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Author Topic: If you had $50,000 to invest into mining, or coins...  (Read 2365 times)
Febo
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September 26, 2017, 02:12:36 PM
 #41

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 you buy coins you dont really need to do anything.

If you buy GPU cards you will need to first everyday search for best profit coins. Everyday search for most efficient miners. Everyday sell your coins to pay electricity.  If all that interest you. It is way better to mine. If you would get bothered with that and you would do it sloppy then is better to just buy coins. Since you might miner with bad miners or mine wrong coins and pay electricity more expensive then you would selling of coins bring you.
adam1230
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September 26, 2017, 02:19:09 PM
 #42

There is no small budget to start investment. It will be a good start for you.
It's not late to invest in crypto coins. Split them to 5 and go to coinmarketcap. Invest them directly to top 5 coins in same ratio of coin cap.
Then you will be a happy man after 2-3 years.
Taskford
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September 26, 2017, 02:54:07 PM
 #43

I will invest the half into mining so i can have a passive income which is a great way to have a stable source of income and even the coins that i will put the half will not get a good performance in the market then i will not feel bad because i have mining which will give me consistent profit each and everyday.

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Neo--
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September 26, 2017, 03:00:09 PM
 #44

I would buy coins and the reason is I dont actually have time to take care of mining equipments. it may be better than to HODL but HODLing is the easiest way to make profit..
coinmr
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September 26, 2017, 03:02:37 PM
 #45

I would rather invest in several trusted coin traded funds than start mining.
ryanben
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September 26, 2017, 03:20:29 PM
 #46

Surely I will invest in the potential altcoin, in the future the market will be larger than the present and the cost for mining is very high.

AndriyPilipyak
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September 26, 2017, 03:20:29 PM
 #47

first of all I would invest inmyself-trading courses with cost few thousends,then put in  btc(half of my budget,other money in alt coins such-nem,bancor,lite,eos,ethereum,ripple,decred,neo,net)

Red-Apple
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September 26, 2017, 03:20:43 PM
 #48

for a couple of months i am actually interested in mining although i don't have nearly as much as OP has but this topic was helpful a lot. from my research my plan is to build a mining rig with at least 6 GPUs and start mining some of the GPU mining altcoins.

my only concern is the electricity bill. the cost is extremely low in my country but the issue is that it will increase if you use more. it is like a cumulative thing. to some level of kWh you get extremely cheap price per kwh and then it increases for the next step and goes up each step.
for now i am trying to figure out which step of this i am going to fall into so that i can calculate how much it will cost me. if it were good for 6 GPUs then i will get right on it.

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abcd7
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September 26, 2017, 03:34:09 PM
 #49

If i had 50,000 to invest i would have choos to diversify my portfolio as follows :

40% On good Altcoins
40% On Bitcoin
20% Stocks
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September 26, 2017, 03:49:12 PM
 #50

Oh, although I do not have such a big number, $ 50,000
But if I am sure I will invest in digging, exploiting digital coins like ZEC, ETH ...
Gambling 5 wins and 5 loses
Investing digs up 70% of electronic money
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September 26, 2017, 03:52:58 PM
 #51

If i had 50,000 to invest i would have choos to diversify my portfolio as follows :

40% On good Altcoins
40% On Bitcoin
20% Stocks

Oh, that's interesting
Split your funds into different portfolios
But can you explain to me how altcoin is good as altcoin how not
Tryto
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September 26, 2017, 04:00:34 PM
 #52

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.
Right now 60% to mining 40% to coins/ Nice time to invest
sakkosekk
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September 26, 2017, 04:06:45 PM
 #53

first of all I would invest inmyself-trading courses with cost few thousends,then put in  btc(half of my budget,other money in alt coins such-nem,bancor,lite,eos,ethereum,ripple,decred,neo,net)
Your opinion is good
Investing in education, for the mind, learning is always a profitable investment
I admire him
I also thank you for the good coin list, your long term investment,
I can add to that list Mothena, Kyber network, Coss, Ambrosus, ... What do you think?
styca
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September 26, 2017, 04:14:29 PM
 #54

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.

What to do depends entirely on what $50,000 means to you personally. If you're a millionaire dipping a toe into crypto, then put some in BTC, some in top alts, some in more speculative lower cap alts. On the other hand if $50,000 is your life savings or a remortgage, then don't put that much in... or if you must then just go for BTC and maybe ETH and XRP.

Either way I would forget mining altogether. I don't think it's so relevant nowadays.
Coinoisseur
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September 26, 2017, 04:19:50 PM
 #55

I don't have any knowledge of mining so I will not take a risk of investing money in mining and instead I will buy bitcoins and hold as $50k is huge amount which may be doubled in quick time depending on the price of bitcoins.

                                                                               
                
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September 26, 2017, 04:35:44 PM
 #56

I don't have any knowledge of mining so I will not take a risk of investing money in mining and instead I will buy bitcoins and hold as $50k is huge amount which may be doubled in quick time depending on the price of bitcoins.
HODL is good, but I would spread the $50.000 into Bitcoin, Ethereum, Litecoin and invest in a price-stable coin like Tether or CORION and maybe mine some profitable coin. Spreading is always saver and the top market volume coins are more save then some high fluctuating coins.

Dutch CORION Provider Introducing CORION crypto to the consumer market!
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September 26, 2017, 04:46:23 PM
 #57

I not have money! But if i had $50.000, i will buy minning device!  And hold all my coin i can minning!
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September 26, 2017, 05:24:52 PM
 #58

i don't have $50,000 to invest, but its nice to see how others would spread their risk.  it gives me a good idea on how i would like to spread my risk too. it seems mining is not that popular compared to investing in different coins
shirackjs
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September 26, 2017, 05:57:29 PM
 #59

If I have $50,000, I will invest in trading coins. As much as I want to try mining as a hobby, I know it will not be profitable for me since my electricity cost is not low enough to profit from mining. And considering the space I need for the equipments, it will take a long time for me to break even.
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September 26, 2017, 06:09:09 PM
 #60

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.

Mining is good to set-up if you have a good place to do it. However, if you're countries electricity cost is too expensive, it's not ideal to set-up computers for mining. If I were to invest that much money into coins, I'll make sure to diversify the coins that I will invest because it's safer that way.
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