Should I buy two S19j Pro's for $3,700 USD and mine it for the next few years or just buy $3,700 worth of bitcoin (0.16 BTC) ?
My worry is that mining difficulty will keep going up and I will run out of time being profitable before I reach 0.16 BTC.
At the current difficulty of mining, it will take over 250 days to mine 0.16 BTC with two S19j Pro's (assuming electricity is free) but the difficulty will be WAY higher in the next 250 days...
I love the idea of mining because it allows me to dollar cost average into the market and there is no KYC involved.
Well to be fair to you dude, if your electricity is cheap there and you only consume 0.05$-07$ per kwh you can do it by mining bitcoin. But if your electricity consumption is not included in the amount I mentioned. My advice to you is not to go ahead with the Bitcoin mining that is being planned.
It's more practical to invest or buying bitcoin on a trading exchange. At least there's no hassle, especially if you have an idea for trading, but it's better if you're a long-term holder all you gonna do is to wait for the right time of bull run.