Realistic Expectations? My entry to mining

[Ritual]

mintzone, what you're bringing up here is what I am pouring my free time into at the moment - researching which are crapcoins and which are not.

It's tricky to say the least hehe

[coinminercom]

The key is to research the many alt coins and watch for new ones coming to market. Some are just plane BS, others have a good team and story. Get in early.

[mintzone]

The key is to research the many alt coins and watch for new ones coming to market. Some are just plane BS, others have a good team and story. Get in early.

You have a good head on your shoulders.

Also, Ritual, any coin with a dog, cat, or famous person on it is guaranteed to be worth as much the lint in your pants pocket. I would definitely suggest that you completely ignore those coins. I posted some good coins to look into earlier in this topic...

So good luck Ritual! But luck is no replacement for finesse and skill, and I think you'll do just fine.
Make some money! 

[btran3]

Thanks for replies.

At the moment, I've been primarily looking at Litecoin and Doge. It appears that these may actually have a future, but it is ofc so hard to tell.

So the plan is basically to give both a run initially (I will probably do 1 week on/1 week off with both) to see how they go. If I can then trade prudently to BTC, I'll be happy to keep the BTC against possible future prices.

I'll initially trade what I get until I've reached my goal of 1 BTC, and then I'll try to build a small stock of the three currencies (i.e. BTC, LTC, DOG). Hopefully in several months or a year the pricing will rise to the point where I'll cover my $500 or even make a little profit.

Fingers crossed

Hi I am new to this forum but have been actively following crytocurrencies for the past couple of years.  I have noticed that although Dogecoin is very small compared to bitcoin it is the most traded crypocurrency.  At the difficult it is at it seems pretty profitable and with Reddit behind it has the potential to become huge.

[Ritual]

I am torn on Doge. On the one hand the meme is just so damn stupid. But on the other hand it's gathering some serious traction, and if it becomes established, the meme won't matter.

Litecoin is my current favourite. It's hard to mine without some serious hashpower though.

Rit.