Post
Topic
Board Altcoin Discussion
Re: If you had $50,000 to invest into mining, or coins...
by
Hamphser
on 29/09/2017, 21:48:30 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.
If i do have that money then if i do see that electricity is very cheap in my country then $10000-$15000 would really be allocated on that one and $20000 would be invested into bitcoin and hold it for long term then the rest $15000 would be allocated on altcoins which you can able to diversify out those funds into 3 different investment which would actually lessen the risk of total failure once one of those would able to dump down.You do still have the chance to recover unlike on going all in on a single investment once it dumps for sure recovery would really be hard for you.This is why this kind of diversification is good.