Help for an Old School Audiophile


I'm 56 and I've been in this hobby since the early 80's and have a modest system and have amassed a collection of about 1500 LPs, 500 cds, and 400 cassettes.  Between two different older hard drive tower cases I have probably about 10,000+ songs on iTunes and I keep those tower cases around thinking one day I'd like to put those songs on a cloud - although I totally don't know what that entails.  I have the free Pandora on my iPhone and still regularly listen to FM radio and have an aversion to paying for satellite radio when there are good stations in the Philadelphia market that I listen to.

Last week, I went into a local hifi shop and listened to a bookshelf pair of powered Dynaudio speakers that you could hook a laptop up to but also had RCA outputs to hook up a phono preamp to and the salesman was playing music thru his phone.  He had Tidal and also mentioned other names that I forgot the name of.  When I saw what he could do thru his phone, it kind of made me feel a little foolish for having all of these albums, tapes, and cds.

I don't watch a lot of tv these days except for sports and I'm amazed at how my 24 year old daughter can watch all this stuff with Netflix and by streaming stuff and I'm still paying lots more each month for cable.

I'm not gonna go out and change it all tomorrow or the next day but I guess my questions are this:

1.  What's the best way to get educated about all of the different options that I have?
2.  With regard to all the music on iTunes that I have, is it better and more cost effective to put that music on a cloud or should I just subscribe to Spotify, Tidal or some other music format and just throw out the old tower cases?
3.  Can I assume that most people who have music servers are using that for music in lieu of actual music collections?  Or do most people have both?  
4.  If I were going to one day purge my collections but still wanted access to all the music I have now, what would be a good - modest - step by step game plan?  
5.  Is it better to get a USB turntable or analog to digital converter and start converting my LPs to computer files or is that a waste of time?

The actual collections and all the gear can take up a little room, but they are cool to look at too.... on the other hand, having the extra space and being a minimalist has it's own merits.  I'll never own a kindle either :)

BTW:  (My current system consists of:  Tandberg 3012 int amp, Thorens TD125 mk II turntable, Kyocera D-811 cassette deck, Harman Kardon TD302 cassette deck, Creek CAS3140 tuner, Oppo DV970 cd/dvd player, Fostex B-100 BH speakers, custom 45 SET tube int amp)

Thank you in advance for all of your kind comments and suggestions, 
Lou


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Start with a Tidal subscription and your smartphone. There are a number of ways to get the files to your hifi, the easiest being wireless internet. If you have an iPhone, an old Airport Express works great, if android, buy a used Chromecast audio. Both well under $100 and can stream CD quality. You can always use a cord.
The older Airport Expresses, older Apple TVs, and Chromecast devices have digital out, which you can hook up to a better DAC. A Schiit "Modi" for $100 would be a fine place to start, but there are hundreds of options, and a google search will quickly have you tunneling down the rabbit hole. I say get the Modi and enjoy it while you are sorting all this out. Most likely, as the designer of the Modi says, it will end up being all you need.
Forums like this one will drive you to audio-nervosa in short order. For what it’s worth, an Airport Express and a Schiit Modi will get you better digital than most anything that was available 10 years ago; any reasonable person should be quite content with that. Move on from there.
As far as your collection of media, you may well find that 95% of it is available on Tidal (Idagio if you are a classical buff; I have both). I have a collection about the same size as yours, and I hardly ever touch it. If you have a lot of rare and esoteric recordings, you might digitize those, but from where I stand why digitize, store, and fret over something when I can just pop it up on Tidal.
Now if you want to go "better than CD" Hi-Res, MQA, DSD or have $tens of thousands to spend, don’t listen to me. If you are a vinyl record enthusiast, I’m guessing you already know how to make that work.
Most important, have fun and enjoy the music!

Thanks again for everyone's input here.  Its now 2 years later since I started this thread, I'm now 58 and still haven't done a thing towards digitizing my collection.  Instead, I've been playing around with some different setups, buying, selling, trading gear, enjoying the hunt of finding stuff and hating it the next day.  The summer always seems to be a buyer's market as lots of people put away the hobby over the warm summer months, wanting to be outside and active while the weather is nice as opposed to inside listening. 

The Spotify on my old Iphone actually sounds pretty darn good when it goes thru nice electronics (Muse Model 100 amp and Model 1 preamp & a Gemtune GS-01 EL34 SE int amp) and I find myself wanting to sell or trade my gear for other things as opposed to all the learning and time it will take to digitize my collection.
Nooooooooo! Keep your vinyl.

CD on a Nagra is musical and involving but switching to vinyl on a VPI TNT 1 with Benz Glider is that much more musical.
its easy to convert your LPs to your computer.  Download a free app called Audacity, use a 3/1 inch male to 2 RCA female https://www.amazon.com/gp/product/B07D8M5DML/ref=ppx_yo_dt_b_asin_title_o00_s00?ie=UTF8&psc=1   your good to go.