What one collects depends, or should depend, on his or her interests.
How one collects, of course, depends a great deal on what he or she can afford to spend.
Let's take two men who are fascinated by antique clocks. One is a multi-millionaire, the other
is just managing to make a decent living. The first man can afford to buy the actual clocks, and
a place, perhaps a whole house, in which to store his collection. The second must content himself with pictures.
As for me, I collect things on my two hobby blogs for free!