Re: I Have No Idea What I'm Doing

Hi,

I'm joining because I want to get involved in this community. It intrigues me, but I literally have no idea what I'm doing. I have the Coinye Wallet and DogeCoin Wallet. I've been gathering coins through faucets, but I really want to figure out the whole mining aspect of cryptocurrency. I'm a real idiot, so any help is appreciated. Love the community here.

<3

Do Coinye and Doge coin have any new features compared to Bitcoin?

Absolutely none at all other than a gimmick. They're easier to mine and cheaper, but that's about it.

But why invest in them? There can't be that much money in it, right? If so, then everybody would join until nobody can profit anymore. On top of that it is most of the time exchanged for BTC anyway.
I think newbies should be very aware of the fact that most of the alt coins are pump and dump schemes. Only a few are really different and worth investing in.