Newbie question--Thoughts?

[Cpt.Magic]

Newbie to the forum and fairly new to mining. Been mining LiteCoin with a homemade rig for about 2 months.

I bought a more serious new mining rig recently and have been mining LOKI for about a week. Seems to be going OK. 8 amd 580's, averaging about 7 LOK's a day. That part probably doesn't pay the electric bill, which is OK. I'm looking at it as more of a "buy and hold" strategy.

The thing that has me a bit concerned is, there seems to be no place to exchange LOK. Again, I'm all about buy and hold but at what point does this become a poor strategy if there's no place to cash in.

I would really appreciate the forum's thoughts on the LOKI marketplace and any other advice you'd have for a relative newbie. Much appreciated.

Cpt.

[mahvia]

There are exchanges that are trading with LOKI. At least 2 of them are here:

https://coinmarketcap.com/currencies/loki/#markets

But if you plan to make it  a long investment, better be sure the project behind the coin is sustainable

[Cpt.Magic]

Thanks Mahvia, good advice. LOKI seems to have made a nice increase so far but my crystal ball is a little hazy on this one. Hoping for the best.

Cheers,
Cpt.