Hey Guys,
New to this whole crypto currency thing.
Someone told me about bitcoin way back when they first came out and ignored it. Few days ago read a forum where passive income was discussed and many people were talking about mining and trading altcoin. I had no idea what the altcoin was. Anyway, I started reading about it and realized that there are over 1000s altcoins now. WOW!
Been reading a lot lately in past week and came to conclusion that the bitcoin train has passed, and I should invest in some new coin that is in market recently and hope for the best.
Question from noob here. Is this a good coin to purchase? from reading this forum, it seemed like it is but at the same time getting the feeling in last few pages that it is not.
Also, should I be mining this coin or it is too hard now. I have a old gaming PC with AMD R9 280x. Most of the coins that I investigated suggests it is not profitable on that card and I should instead mine on nicehash. Tried Nicehash for two days and got about $2 worth of shares and need to keep it running for over a week to get the lowest payout threshold.
I would come back in a week and see what's happening with Electroneum then. People seem to either be overly optimistic or hate the coin. The reality should be clearer in a week from now. Perhaps BiblePay might be worth a look, you can mine from the wallet using the CPU and it works with low end PC's. Might be a long shot and I know it could be controversial but at least you can get lots of coins.
