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. 
You have to understand the cost of mining and not just look at the market situation, some miners already moved to other places where they can get a cheaper energy and maximize their mining. If you have a good mining rig and the cost of energy in your area is not that expensive then I can day mining is still worth it. Cheaper coins to mine means you can get more and when the bull market hits, that could be a huge profit for you, patience is also the key in mining for you to succeed.