Post
Topic
Board Altcoin Discussion
Re: If you had $50,000 to invest into mining, or coins...
by
styca
on 26/09/2017, 16:14:29 UTC
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.