I've been sleeping on a false hope for a very long time, I was a fan of new cryptonote coins and I've spend years gathering them, thinking I will be rich one way or the other, I mined coins like
1. Mask Coin
2. Goro Coin
3. Snowflake
4. Recoal
5. Tokl
6. Festival Coin
7. Btor
All these coins are now abandoned and dead, no update since 2018, I'm sharing this today to warn those who still believes in petty coins like these, stop wasting electricity and mine better coins like Monero, Haven Protocol and other popular cryptonight coins or regret later on
Monero also used to be one of the coins in this list but after a few darknet markets started accepting Monero then its price increased and it's demand rose to a new height, so I guess that was the lucky break that Monero was waiting for. If the same would have been the case with one of these projects then they would also have been profitable for you to mine. So its just a matter of bad luck for you to waste your time on these projects.
Thank you for the advice. But during 2016 to 2017. If you mine some petty coins you will surely get profit because all alts are going up prior to Bitcoin's bullish movement. Now that we are still in bearish period.
It isn't about the bullish or bearish trend of the market, its about the trend which the newly launched currencies follow, a few years back there used to be a lot of new projects that were based on mining and staking for earning mining rewards but now there isn't any mining involved in these tokens, now they are launched as IEO and ICO which doesn't require any mining so these coins that you were holding lost popularity due to the change in trend.