This is not only so. The good valued coins are coins that already have been listed to some exchange. That time mining is really difficult. But untill they havent been listed - they can be mined easily.
You are absolutely right. The biggest profit can be obtained from mining young and unknown coins. Of course, this is very risky, but still, in case of luck, the profit will be huge! 
Topic: Have more coins in your portfolio in a short term - page 2. (Read 12447 times)
All good valued coin with great potentials already have great difficulties in mining, the reward in this aspect is very minimal, mining valueless coin on the other hand is way cheaper i.e less difficult but it could end up been a waste of time and resources if that project couldn't get listed, with so much difficulties in mining now, pos and nodes will become a better option for many.
This is not only so. The good valued coins are coins that already have been listed to some exchange. That time mining is really difficult. But untill they havent been listed - they can be mined easily.
Finding your self a coin that will generate you profit even if its a long term or short term disposap is experimental,you cant just think to mine a coin and hope to dispose it soon to cover exepenses as a miner you should have a backup budget for everything
All good valued coin with great potentials already have great difficulties in mining, the reward in this aspect is very minimal, mining valueless coin on the other hand is way cheaper i.e less difficult but it could end up been a waste of time and resources if that project couldn't get listed, with so much difficulties in mining now, pos and nodes will become a better option for many.
PoW is in a very difficult condition, we must beat ICO/IEO with using ERC20 Tokens only. the main problem at PoW coin is Dev not have much money to development coin and to listing at bigger exchange, and community not help.
there are only a few coin pow that can listing at large exchanges, RVN XMR BEAM GRIN
This explains why many PoW coins fail or end scams, because now it's so difficult to listed in an exchange especially to expect help from the community. But the specialty is that some PoW dev dares to start from scratch without any funds to develop their coins. there are only a few coin pow that can listing at large exchanges, RVN XMR BEAM GRIN
PoW is in a very difficult condition, we must beat ICO/IEO with using ERC20 Tokens only. the main problem at PoW coin is Dev not have much money to development coin and to listing at bigger exchange, and community not help.
there are only a few coin pow that can listing at large exchanges, RVN XMR BEAM GRIN
This explains why many PoW coins fail or end scams, because now it's so difficult to listed in an exchange especially to expect help from the community. But the specialty is that some PoW dev dares to start from scratch without any funds to develop their coins. there are only a few coin pow that can listing at large exchanges, RVN XMR BEAM GRIN
<...>
Quote
<...>
<...>Do you hit some of that home run by yourself?
<...>
Ask me again in 5 years and VEIL will be a homerun
this is a 30 million market cap minimum.
Thanks for the advise, sometimes knowing the coin that will eventually do well in the long run before the difficulty level increases can be another big task to determine. I have electricity problem in my country, but there are some areas that have constant power supply, when I make some money from trading, am thinking of setting up a mining farm with a friend so we make it a long term stay.
PoW is in a very difficult condition, we must beat ICO/IEO with using ERC20 Tokens only. the main problem at PoW coin is Dev not have much money to development coin and to listing at bigger exchange, and community not help.
there are only a few coin pow that can listing at large exchanges, RVN XMR BEAM GRIN
This explains why many PoW coins fail or end scams, because now it's so difficult to listed in an exchange especially to expect help from the community. But the specialty is that some PoW dev dares to start from scratch without any funds to develop their coins. there are only a few coin pow that can listing at large exchanges, RVN XMR BEAM GRIN
PoW is in a very difficult condition, we must beat ICO/IEO with using ERC20 Tokens only. the main problem at PoW coin is Dev not have much money to development coin and to listing at bigger exchange, and community not help.
there are only a few coin pow that can listing at large exchanges, RVN XMR BEAM GRIN
This explains why many PoW coins fail or end scams, because now it's so difficult to listed in an exchange especially to expect help from the community. But the specialty is that some PoW dev dares to start from scratch without any funds to develop their coins. there are only a few coin pow that can listing at large exchanges, RVN XMR BEAM GRIN
PoW is in a very difficult condition, we must beat ICO/IEO with using ERC20 Tokens only. the main problem at PoW coin is Dev not have much money to development coin and to listing at bigger exchange, and community not help.
there are only a few coin pow that can listing at large exchanges, RVN XMR BEAM GRIN
This explains why many PoW coins fail or end scams, because now it's so difficult to listed in an exchange especially to expect help from the community. But the specialty is that some PoW dev dares to start from scratch without any funds to develop their coins. there are only a few coin pow that can listing at large exchanges, RVN XMR BEAM GRIN
to mine the new coin, in my opinion, is very risky because I used to do it before, but it's just that I didn't do the research first, the coin I mine is bitcoin nano and it turns out that the coin only becomes garbage even the price is far from the estimation that I expect now officially entered the category and scam, and since then I did not dare to mine new coins
On the other hand, to extract already known coins is not very profitable. On the new coins are more likely to earn. I prefer to mine new coins.Yes, i have seen many coins failed to reach their desired target because they will not follow the roadmap and this makes people lose their money. That's why it is always very bad to mine the coins because they seem to be very huge potential in the beginning but when we start mining we won't even make money for electricity bill payment.
to mine the new coin, in my opinion, is very risky because I used to do it before, but it's just that I didn't do the research first, the coin I mine is bitcoin nano and it turns out that the coin only becomes garbage even the price is far from the estimation that I expect now officially entered the category and scam, and since then I did not dare to mine new coins
On the other hand, to extract already known coins is not very profitable. On the new coins are more likely to earn. I prefer to mine new coins.I just try to mine any coin which was having enough liquidity and brings me a good amount of pennies. that's better rather than better on something that looks vague.
PoW is in a very difficult condition, we must beat ICO/IEO with using ERC20 Tokens only. the main problem at PoW coin is Dev not have much money to development coin and to listing at bigger exchange, and community not help.
there are only a few coin pow that can listing at large exchanges, RVN XMR BEAM GRIN
to mine the new coin, in my opinion, is very risky because I used to do it before, but it's just that I didn't do the research first, the coin I mine is bitcoin nano and it turns out that the coin only becomes garbage even the price is far from the estimation that I expect now officially entered the category and scam, and since then I did not dare to mine new coins
On the other hand, to extract already known coins is not very profitable. On the new coins are more likely to earn. I prefer to mine new coins.I just try to mine any coin which was having enough liquidity and brings me a good amount of pennies. that's better rather than better on something that looks vague.
to mine the new coin, in my opinion, is very risky because I used to do it before, but it's just that I didn't do the research first, the coin I mine is bitcoin nano and it turns out that the coin only becomes garbage even the price is far from the estimation that I expect now officially entered the category and scam, and since then I did not dare to mine new coins
On the other hand, to extract already known coins is not very profitable. On the new coins are more likely to earn. I prefer to mine new coins. 
to mine the new coin, in my opinion, is very risky because I used to do it before, but it's just that I didn't do the research first, the coin I mine is bitcoin nano and it turns out that the coin only becomes garbage even the price is far from the estimation that I expect now officially entered the category and scam, and since then I did not dare to mine new coins
it really depends.
Last year Ravencoin (RVN) went up more than 200% in a couple of days
GIN made a x10 in a couple of months.
not necessarily years.
Quote
definitely possible.
and sometimes it's a shot onthe dark as well.
and sometimes it's a shot onthe dark as well.
Yea in the end the only handful of coins goes to the moon I guess. Do you hit some of that home run by yourself?
I think one of the important aspects was networking perhaps? I mean good friend can inform you of some a good coin to mine, it's better to have more eyes and more ears in this fast-dynamic environment.
Well, that does sound pretty reasonable to mine new coins and earn more. But still, the question is how we identify if this is a coin with potentials?
Is project bringing something new to the table, how are community mangers/admins — do they care for what community asks and answers them with honesty or ignores it.
It's all risk reward. Everyone's threshold is different. It is true it's better to catch a coin early in release but knowing when to hold/sell is critical in this kind of mining. It's not as easy as just mining new coins.
I have always adhered to the tactic of investing in young crypto startups and storing coins for several years without movement. But unfortunately most of my investments have turned to 0 in recent years.Without putting your portfolio in some of the stronger established coins this will most of the time be the case. Again its risk reward, if they plan out it could end up really profitable but 99/100 you will just lose your money or even if you dont lose money will have an opportunity cost loss in that you would have made more by keeping your money in btc. Risk what you can lose holds true
In fact, as time passes it will be increasingly difficult to make significant amounts of money through cryptocurrencies: mining does not seem to be so profitable lately and only large investors seem to dominate the scene; trading means dealing with the unpredictability of the market and an increasingly reduced volatility, and holding cryptos is nothing more than a risky bet. Even so, I prefer to try at least partially with trading and holding btc.
I'm not by any means saying that it cant be profitable, I'm just saying there is more to it than just mining all new coins. As with anything it's a multi prong attack between mining right, trading right and holding right. It's a fine balance and more so with unpredictable new coins.
We can really say that profiting is possible it would really just depend on how you do deal with it. Diversifying is always been recommended when it comes to investment
but this wont be an assurance thing that you would able to take advantage anytime.
<...>
totally, it's a mix of game theory, good analysis and a bit of luck.
there's no sure way to say a project will succeed but after analysing tons of projects you get a feeling.
it can be quite profitable when you hit a homerun.
Well this home run you talk about is something that can last for years. You invest some money, or some of your time, and than you just wait for years, it can be success or failure, but that we will know only after couple years. It`s a game, it`s gambling, you need to choose your investment and you need to pick the right one among so many of them, it`s impossible to invest in all of them.
I wonder what OP is mining now, is there any interesting project that he would like to recommend.
it really depends.
Last year Ravencoin (RVN) went up more than 200% in a couple of days
GIN made a x10 in a couple of months.
not necessarily years.
<...>
Yeah I feel that too on bounty hunting on making an article, I got a gist like you said, which one will make a good profit etc.
Not a miner obviously, but I tried mining in the past. Rent some hash and mining some hype stuff on twitter, it ended not so bad actually, but not looking good either, I mean I barely breakeven.
definitely possible.
and sometimes it's a shot onthe dark as well.
Jump to: