I've recently gotten a graphic card for mining but i heard that currently mining is not worth it as all cryptos are currently in the downfall so its not worth mining. Can anybody give me an advice on it. Your insight is very much appreciated.

I use to mine 0xMonero and Raven but since mining for 0xMonero stopped and the supply was capped at under 2 million tokens, I moved on to staking. Don't get me wrong, I still hold 0xMR and RVN and I think both of them are great projects but when you compare staking to mining only, staking on platforms like MAXX finance and Spookyswap are much more profitable than mining these days.