Want to start mining altcoins, got questions

Hey guys,

A friend of mine recently suggested that I should look into altcoin stuff, as it may come in handy one day.

I reckon mining is a "tough" process, so I gotta ask you folks a few things:

- For a newbie, what altcoin should I look to and hardware to invest? My main rig has a single 980TI which I doubt is good for anything in a large-scale.
- How can I trade these so called altcoins?
- How will I know when to "cashout"/invest more?

Cheers.

Other urls found in this thread:

hashocean.com/?rid=470464
genesis-mining.com/a/330249
hashocean.com/pricing/?rid=470464
twitter.com/SFWRedditGifs

Stay away from cryptos. You'll thank me later.

There's no value in mining, if you're mining established mainstream coins.
>Be on the lookout for the latest alt coin
>Mine
>Pump dump, or wait for the value to rise
>Exchange for BTC
>Cash out

hashocean.com/?rid=470464

they do it all for you, best thing about it is you get paid in btc

simple as hell they mine eth and other shitcoins with huge gpu rigs exchange it to btc.

roi is 3 months which is insane

or this... there is wisdom in this anons words

Get yourself some Trumpcoins. Trading on Yobit and c-cex. You'll know when to cash out when Trumpcoins are on the front page of Drudge.

>Willingly buying into a ponzi scheme

There's a lot to be made flipping the latest meme coin user

>Willingly buying into a ponzi scheme
you say that is a bad thing. also strong signs is not definite proof.
risk and reward go hand in hand really great rewards should always go with terrible risks or equally great investment.
>There's a lot to be made flipping the latest meme coin user
too much work for me i'm not that desperate also buying physical iron to mine with is in my eyes no less risky overall than a shady cloud mining service. but it also produces a lot of heat and that i don't need this summer.

>US dollars aren't a literal Ponzi scheme
>people in 20 years won't be drowning in even more Fed debt

Don't listen to user saying stay away from cryptos, he just wants to hoard them to himself.

Buy trumpcoins -> sell during pre-election spike (or MSM spike) for 10x the BTC

Convert half your profits into dollars and invest in S&P index funds.

Split remaining BTC into 80% BTC/ 20% ETH.

Literally perfect plan. Screencap this user so in 6 months you'll have something to look at when you laugh/cry in six months (depending on your choice)

already hoarding trumpcoins.
but it's slow because i'm so poor.

i almost want to beg for trumpcoins here in this post.

TQNtDdxMoQbzGgShBfCAPUDkEdU61hfA7Z

- for, you know, MAGAcoin donations