I love this niche but competition may be too big. What would you do?
I already have a blog with 20 articles and some backlinks. I can write more articles and make more backlinks but im not sure if I can succeed vs bigger competition?

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Would you go for it anyway?

I mainly have hopes on monetization via adsense but maybe ill be selling ebook too.of course if i get any traffic.

what are your top strategies towards niches with huge competition?

heres what i could think of:
writing more content
writing better content
trying to rank behind competitor but with better title and description
better site UI/UX
in place of weaker and less links, make much more relevancy with longer (and more maybe) articles
target more specific audience and writing less broadly
what else could be there?

im making backlinks everyday and when i finish my new site design ill be writing more and more articles.

the reason i want to stay in this niche is cuz i love it. i dont think i can force myself to produce a lot of content in a niche that i dont like (assuming i find something with low comp)
I think it depends on the amount of time it takes and whether you can afford to consistently allocate time to it in the long run. Do you think you can beat your competition?
If majority of the sites at the top of Google SERP for major keywords are owned by multi-billion dollars companies, then I'd suggest you consider another niche. Trust me, competing with these companies is the last thing you want to do. They have the money, authority and staff. Nothing can beat those.
I think you have to stay in the niche you like. There are a lot of different tools and strategies now, so you will be able to find something and succeed. 
What is your niche? 
If you need some specific advice, you can just add some details.
All is depend on your budget, if you have high budget you can go for it. 
Anyway what kind of backlinks you made everyday ?

www.blaster.guru
my1d2s.net
www.globalprofitads.com
p terry's domain
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www.hitlink.com
xemsex.co
ehosting

im not sure if I can succeed vs bigger competition?
If you love working on this niche then go fo it, and go for KGR keywords ONLY, don't go for bigger KWs those autorithy are going for, as they will have deep pocket than you do, after long time you get some authority then gor for big KWs
Competition is not always bad, it means there is high demand.
I would personally go for it. If you like writing about it and have a decent budget you can make it. Probably not on the first page of google, but doesn't mean you won't get decent traffic. Use social media, forums, other platforms.
And find Keywords you can actually rank for!
What is your niche? If your competition is multi million companies don't even bother. Try to find keywords you could actually rank for, and please keep us updated
no its normal people but they have strong backlink profiles. tech niche (not general tech, that indeed is full of huge companies)
Ok so a niche tech I think you have a shot, go for it look for keywords you can actually rank for, make sure your on-page SEO is strong, social signals etc