Altcoin mining strategy

[Smarty14392]

This is a risky strategy but can give huge profit. You can start mining the altcoins which are newly launched. When bitcoin was launched only 5-6 people mined it and the difficulty was quite low, within few minutes they might have mined hundreds of coins. Now they might be milliniors. Such newly launched altcoins can also hike up within some months, so i think mining newly launched altcoins can be a good strategy. Risk is equal. Try at your own risk.

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[Vaccinus]

we all now this, this is nothing new, but all new altcoin are worthless now, the focus is on old cheap coin, new altcoin with instaminign don't work anymore nowadays, you lived under a rock if you think it's still working lol, was really to easy to mine many coins with that way and dump on the market, dev are not stupid anymore, now first block are empty

[coinzoid]

Well, another strategy when mining coins are: Mining the coin with less profit & less difficulty. It seems like some altcoins tend to pass their bases. For example for equihash hush sometimes getting pumped and gives more profit than zcash.

Edit: And if you don't sell the coin as soon as you mine it, you can sell it when it sees the max price.

[Mattthev]

I've expected some strategy with NVIDIA cards or whatever when RX cards are out of stock, but this made my day Thx

[prashanta]

Well, another strategy when mining coins are: Mining the coin with less profit & less difficulty. It seems like some altcoins tend to pass their bases. For example for equihash hush sometimes getting pumped and gives more profit than zcash.

Edit: And if you don't sell the coin as soon as you mine it, you can sell it when it sees the max price.

Hi Coinzoid,
I'm only Jr. Member right now in this forum & i'm interested to do mining but i don't know how to do this.
That's why i wanna help you ( if you do ) & what's the requirements to start mining. hopefully you will give me some guideline about this.

Thanking you in advance
Prashanta