Want to start mining altcoins, got questions

SomethingNew
SomethingNew

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.

All urls found in this thread:

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

askme
askme

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

Methnerd
Methnerd

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

TalkBomber
TalkBomber

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

CouchChiller
CouchChiller

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

ZeroReborn
ZeroReborn

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.

BinaryMan
BinaryMan

Willingly buying into a ponzi scheme

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

StrangeWizard
StrangeWizard

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.

viagrandad
viagrandad

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)

Spamalot
Spamalot

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

idontknow
idontknow

nocoiner

Snarelure
Snarelure

80/20
pareto principle?

Evilember
Evilember

You know it.

Tfw when 20k satoshi makes you 80k BTC because of trump coin.

RavySnake
RavySnake

hmmm

BlogWobbles
BlogWobbles

+1 for Trumpcoin

Bidwell
Bidwell

fucking trump-fags shitting up every thread
last week it was the eth cucks

there is always a shitcoin pushed.

lostmypassword
lostmypassword

hmm my id is a sex ad:
super large 36 male very competent fuck
all true btw

CodeBuns
CodeBuns

Is this site actually legit? I highly doubt it.

SniperGod
SniperGod

did someone say trumpcoin

TVVAmFy1GJskiMeWoyoTqqL9GLazWoa7gt

Stark_Naked
Stark_Naked

Put the whole shebang in ETH, thank me later

SomethingNew
SomethingNew

not sure what you mean by legit.

on one hand some russian dude set it up there is no company and they ride/hijack cloudflare cert for https.

on the other hand for more than a year they meet their payouts like clockwork i never heard of a single issue with them.

i backtracked the payouts through the structuring accounts on blockchain.info
there is sick amount of bitcoin on their balances.
i have found a few with several ten thousands.

iluvmen
iluvmen

i concur

eth is the shit, wtf is trumpcoin, a useless clone coin with no use

Fried_Sushi
Fried_Sushi

agreed, except eth has no future imo

Spamalot
Spamalot

hashocean.com/?rid=470464
cloud mining is scam. why would you give it processing power and not mine it yourself if you had the chance? its like : oh i land you my computer for x and you can get 2x out of mining !! its garanteed profit. yeah right.

Techpill
Techpill

Trumpcoin will get so big it will fund Mr Trump's election campaign.

Trump holders will be sipping mai tais on their own private island laughing at the tears of regret from eth bagholders.

Methnerd
Methnerd

Trump coin is just the new dogcoin

Spazyfool
Spazyfool

i'm 3 weeks into this and have had a transfer every 2 days once it passes the transfer threshold. the btc are ready to transfer a few minutes after midnight.
buying trumpcoins with the payments instead of buying more hashocean power, lol.

Crazy_Nice
Crazy_Nice

80% profit on the Trumpcoins and growing every day. Get in while they are still cheap and sell during their peak at the end of trump election.

Evil_kitten
Evil_kitten

because the profits are not guaranteed at all.
if you invest into a mining rig you take all risks.
if you let an other fool pay for it then you take a cut relative risk free.
whatever happens with the coins and mining in the next 6 months you can't possibly lose.
probably that is the rationale.

happy_sad
happy_sad

buying trumpcoins with the payments
now that is one coin i really wouldn't touch.
pic related it's how retarded it is.

haveahappyday
haveahappyday

TRUMP is Last of the great meme coins before all alts crash.

People make money off of stupid things all the time.

w8t4u
w8t4u

the altcoin to end all altcoins
i wish user i wish

Methnerd
Methnerd

i honestly cant tell which is the scammiest of scamcoins anymore tho

StonedTime
StonedTime

little update

some user from here gave me a nice bump using my ref, i would suck your dick if it wasn't too gay. thx m8!

now i make as much in 2 days as in the first 8 days. kinda awesome. my roi is now only 14 days away.

w8t4u
w8t4u

Lol eth has no future from a trumpcoin proponent no less. Well i never thought id see the day...

Firespawn
Firespawn

That would be me :)

P.S. guys already made like 5% of my investment back and I have automatic payments so it's definitely legit so far.

StonedTime
StonedTime

Buy Dogecoins Dogecoin is the currency of the future

DeathDog
DeathDog

Buy ethereum. Its like really good and cool and the future and stuff.

Evil_kitten
Evil_kitten

This. All about Trumpcoin now baby.

TreeEater
TreeEater

Sorry, I don't buy anything named after an internet meme.

Crazy_Nice
Crazy_Nice

good going user, i limited myself greatly
partly because i felt ripped off at the buying of bitcoin and how hashocean determines the price, partly because i was not sure what to think i did not research hashocean much before i got into it with pocket change.

hope it works out for you.
have you seen the ratings at the users menu?
crazy shit man. some people have balls of steel.

BinaryMan
BinaryMan

An alternate choice is through genesis mining. They accept credit cards along with btc and other cryptocurrencies. I have $550 invested in Eth mining. I am planning to dump 4btc once i close my trading position. Check it out and use this ref link.

genesis-mining.com/a/330249

Boy_vs_Girl
Boy_vs_Girl

What a fucking scam. $37 for 1mh/s? At those process you might as well set up your own basement rig, you'd get a better roi.

Crazy_Nice
Crazy_Nice

probably it's for people that don't want to or can't set up their own rigs. you usually have to pay bonus for convenience. i fail to see your problem.

a big obnoxious looking loud machine that devours power (you don't get it at a discount price unlike a company in some third world shithole) and this machine produces a fuckton of heat in the summer.

no thanks!

Lord_Tryzalot
Lord_Tryzalot

$37 for 1mh/s?
how did that come out for them?
hashocean charges $378 for 2 video cards that cost about $60 or $100 for them, but there are other costs involved with setting up so i don't find this outrageous.
hashocean.com/pricing/?rid=470464

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