I have $10,000 which I have decided to invest in crypto-currency.
How should I go about investing this money for maximum profit? E.g. should I invest in a mining setup? Trade the currency? A combination of both?
A few investment parameters and some background on myself is provided below:
- Risk sensitivity would be very high. Although I wouldn't want to be stupid with how I go about investing the money either.
- I am a technically minded person (I am a mechanical and software engineer and I develop progressive web applications for a job and build computer hardware systems as a hobby).
- I would be okay with constructing and maintaining rigs. Although I don't know what coins to mine but I have a basic idea on how to mine them using either ASIC hardware or graphics cards with off the shelf software.
- I wouldn't say I have an investment style. I have never really invested in anything before beside putting my money in high interest bank accounts.