we are experiencing the same problem, I also have a lot of worthless mining coins in the past but since 2019 I no longer trust coin mining because I think it is detrimental and a waste of time
Yes, if the coins that are mined are coins that have no quality or value, then it will obviously be detrimental and a waste of time, so whatever the main thing to look at is the selling value of a product, if the product is clear, then the value there will also be sales and it can even be very expensive, as well as in the case of coins or tokens. 
Topic: Back then and Now, lesson learnt - page 6. (Read 912 times)
I don't know if mining the new coin still profitable or not, but if I see that the amount to get from the mining process can be big, but unfortunately, that coin will not have a good price at the market or that coin don't have a market. If you want to try to mine back the new coin, you should search which coin that has a good future and have the potential to increase in the future. But I don't think that will be easy because it's like to find the gem in the ocean.
As long as you were choosing the legit coin and you will get profit based on how much your hash power. it looks like from this case we can learn if the small miners were looking for the instant profit and that's why the majority of small miners interested to bet on the crapcoin. I mined some coins too because of low mining difficulty at the time but many of these coins are disappointments, I mined
1. Stellite
2. Solace
3. BBScoin
4. Qwertycoin
5. NXboost
6. Kepl
I find out later that all these coins are just short time pump and dump coins, they died before I was even able to sell them off
they don't have a clear product. the coins will obviously die soon and they will come back clear and then do the same. Try to find a coin that is better for you to mine. or you can try to participate in several stake programs from several exchange platforms.1. Stellite
2. Solace
3. BBScoin
4. Qwertycoin
5. NXboost
6. Kepl
I find out later that all these coins are just short time pump and dump coins, they died before I was even able to sell them off
I mined some coins too because of low mining difficulty at the time but many of these coins are disappointments, I mined
1. Stellite
2. Solace
3. BBScoin
4. Qwertycoin
5. NXboost
6. Kepl
I find out later that all these coins are just short time pump and dump coins, they died before I was even able to sell them off
they don't have a clear product. the coins will obviously die soon and they will come back clear and then do the same. Try to find a coin that is better for you to mine. or you can try to participate in several stake programs from several exchange platforms. 1. Stellite
2. Solace
3. BBScoin
4. Qwertycoin
5. NXboost
6. Kepl
I find out later that all these coins are just short time pump and dump coins, they died before I was even able to sell them off
Any tips of what is better since you can now differentiate what a good coin to mine or not?
You are still mining right?
Or, should we just stay with the new kind which is staking although it may cost a lot of investing in a larger portion to be more beneficial.
You are still mining right?
Or, should we just stay with the new kind which is staking although it may cost a lot of investing in a larger portion to be more beneficial.
I don't know if mining the new coin still profitable or not, but if I see that the amount to get from the mining process can be big, but unfortunately, that coin will not have a good price at the market or that coin don't have a market.
A very good question that's needed to review upon before mining new coin market and listing should be one of the basis.If you want to try to mine back the new coin, you should search which coin that has a good future and have the potential to increase in the future.
Indeed. You should take time to investigate with the project if there's really potential that you will see in the future.But I don't think that will be easy because it's like to find the gem in the ocean.
But still possible, doing your homework will not waste your time and your miners energy.
I mined some coins too because of low mining difficulty at the time but many of these coins are disappointments, I mined
1. Stellite
2. Solace
3. BBScoin
4. Qwertycoin
5. NXboost
6. Kepl
I find out later that all these coins are just short time pump and dump coins, they died before I was even able to sell them off
1. Stellite
2. Solace
3. BBScoin
4. Qwertycoin
5. NXboost
6. Kepl
I find out later that all these coins are just short time pump and dump coins, they died before I was even able to sell them off
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I don't know if mining the new coin still profitable or not, but if I see that the amount to get from the mining process can be big, but unfortunately, that coin will not have a good price at the market or that coin don't have a market. If you want to try to mine back the new coin, you should search which coin that has a good future and have the potential to increase in the future. But I don't think that will be easy because it's like to find the gem in the ocean.
I don't know if some newbies are still doing this today, if you are you'd better stop right now. Many new coins can be easily mined through a single CPU or GPU but 90% of them are trash coins, you need to understand how important use cases are.
In the old days, three to four years back I was so obsessed with new coins simply because they are easy to acquire, mining them is easy and difficulty are low, this got me blind so I started mining coins without getting into good research first, I ended up with coins like
1. MarketCash
2. NiobioCash
3. Worktips
4. Spotme
5. Gadcoin
And so on.....
These coins are all dead or useless right now, few are trading back then but I was too dump to sell and buy better coins.
Today I asked myself why did I do that back then, I guess it's because I never knew the difference of high quality projects and why some coins make it to top 100, If you are reading this make this your targets
The importance of real use case
To me all these coins are just experiments for the developers, they are never damn serious about them, I remember gadcoin, it was created in 2018 but it offers nothing than just mining and selling, you can easily detect that the team aren't serious, anyways you've learnt your lesson and that's what important right now In the old days, three to four years back I was so obsessed with new coins simply because they are easy to acquire, mining them is easy and difficulty are low, this got me blind so I started mining coins without getting into good research first, I ended up with coins like
1. MarketCash
2. NiobioCash
3. Worktips
4. Spotme
5. Gadcoin
And so on.....
These coins are all dead or useless right now, few are trading back then but I was too dump to sell and buy better coins.
Today I asked myself why did I do that back then, I guess it's because I never knew the difference of high quality projects and why some coins make it to top 100, If you are reading this make this your targets
The importance of real use case
Many projects have good real use cases but many still don't survive, use cases ain't the only thing to focus on when picking coins, some use case aren't supposed to be on blockchain because no one needs them, know the type of use cases that will survive in crypto space first, don't just pick because they have use case
Very smart thinking, but you also have to be smarter in turning your own mind, if a project that has a real use case is not safe, then a project that does not have a real use product will be even more destroyed in the crypto world, this is a terms of comparison between a good project with a project that is not good. I don't know if some newbies are still doing this today, if you are you'd better stop right now. Many new coins can be easily mined through a single CPU or GPU but 90% of them are trash coins, you need to understand how important use cases are.
In the old days, three to four years back I was so obsessed with new coins simply because they are easy to acquire, mining them is easy and difficulty are low, this got me blind so I started mining coins without getting into good research first, I ended up with coins like
1. MarketCash
2. NiobioCash
3. Worktips
4. Spotme
5. Gadcoin
And so on.....
These coins are all dead or useless right now, few are trading back then but I was too dump to sell and buy better coins.
Today I asked myself why did I do that back then, I guess it's because I never knew the difference of high quality projects and why some coins make it to top 100, If you are reading this make this your targets
The importance of real use case
All the coins you choose to mine are all shitcoins, you should have sell them off while they are still trading on exchanges, I know niobiocash and it's still trading on exchange but the value have gone down alot and worktips was abandoned, another team took over but doesn't still work out In the old days, three to four years back I was so obsessed with new coins simply because they are easy to acquire, mining them is easy and difficulty are low, this got me blind so I started mining coins without getting into good research first, I ended up with coins like
1. MarketCash
2. NiobioCash
3. Worktips
4. Spotme
5. Gadcoin
And so on.....
These coins are all dead or useless right now, few are trading back then but I was too dump to sell and buy better coins.
Today I asked myself why did I do that back then, I guess it's because I never knew the difference of high quality projects and why some coins make it to top 100, If you are reading this make this your targets
The importance of real use case
Many projects have good real use cases but many still don't survive, use cases ain't the only thing to focus on when picking coins, some use case aren't supposed to be on blockchain because no one needs them, know the type of use cases that will survive in crypto space first, don't just pick because they have use case
The importance of real use case
this has been the first question I ask myself when I see a new project or existing projects.
I think I got hooked on that phrase: "does this project have real use?". But being honest with you there are few projects that, even with some real use, can be very successful, maybe it is the lack of dedication of the project team, and imagine projects that have no real use? there are times when I look at 20 projects and I don't find 1 useful at least 
Some of the investors just compute the profit they are getting "if" the project succeed. Not even thinking of its use in the future *facepalm*There's no doubt why we can't move on with the scam projects back then
I'd a friend who continuously doing mining, last year he mined coin with an unlimited supply. After he mined he directly sent to the exchange where the coin listed. But after a few months, it is delisted because it becomes shit and has a huge demand. If you mine those shit coin because it is easy to acquire and I think those stock on it, instead directly sell to exchange and that is probably the reason for the coin becomes to shit or dead.
Back then the year 2017 is the most profitable in crypto in all aspects I think not only in mining. But now, there's a lot of shitcoin that you made quickly rich when they are in the hype, but you will never know when it becomes to dead.
Back then the year 2017 is the most profitable in crypto in all aspects I think not only in mining. But now, there's a lot of shitcoin that you made quickly rich when they are in the hype, but you will never know when it becomes to dead.
That is a common newbie mistake, I think most of us did the same mistake trusting new coins before, especially on ICO days way back 2017 to 2018 in those years new coins are popping out everywhere. Jumping on it without knowing the real team or idea behind it. Experiences really helps us grow and to be better and not to do the same mistake again. Now, I improve on spotting which projects are better and have potential.
If you invest in famous cryptocurrencies, then do not earn a lot of money. 
Who wants to get rich, is looking for trash coins, in the hope that they will give a good profit. This is a risky tactic, but I know people who are lucky.
Who wants to get rich, is looking for trash coins, in the hope that they will give a good profit. This is a risky tactic, but I know people who are lucky. Today I asked myself why did I do that back then, I guess it's because I never knew the difference of high quality projects and why some coins make it to top 100, If you are reading this make this your targets
The importance of real use case
I was in that story back before (new to the market) also but things need to find the solution and finding where we got wrong will it helps you out from just being a loser for the whole life. Nobody would actually let our life in crypto turn back where we started and that is because we wanted a change and become profitable. Learning from those mistakes and blindness will help us to become proactive, and this not a way to quite and turned down but to have the courage to continue what we are doing.
Yes, at the height of 2017, many new projects appeared, which brought many gains to investors and miners, but at the present time most currencies have been subject to failure due to several factors.
But there are still many successful projects that can withstand future and fulfill the desires of investors, we must focus on the classified currencies and invest in them because they will make us feel some satisfaction.
But there are still many successful projects that can withstand future and fulfill the desires of investors, we must focus on the classified currencies and invest in them because they will make us feel some satisfaction.
This is not the first time I read this kind of stuff. There are some people last year who post the same mistake as you did. you guys have some similar experience he also chooses to invest in random coins which leads him no luck after a few years holding it because he didn't do any research back then. To be clear to everyone reading this, new coins have only less than 5% that survived after a year and after that, some of them also became shitcoins like the others. Only the top 10 coins in the market are the safest to invest nowadays.
It's a great thing that you have managed to overcome your obsession with mining shitcoins that are not valued at anything. You could also say that you are wasting the energy being used for your CPU and GPU. I think with that in mind, you could focus on better things like what could be more profitable in the long run or taking risks with trading. It could help you explore more options concerning exposure with investments and other valuable opportunities.
P.S. It's the first time I read those names of a coin. Lol
P.S. It's the first time I read those names of a coin. Lol
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