I was also in the adult business earlier 2010, started a few tube and cam sites few months ago, all i could say things were changed noticeably.
I would recommend starting a niche tube site, you can get an idea from google trends, also target country and language from google search results. Another good point is reading topics in buy&trade forums. you can follow which niche type gets more attention.
Buying traffic is kinda waste of money if you don't have no traffic at all, when your credit runs out, it'll be dead silence again in your site. Working for good seo and building backlinks might be good in long run. Don't expect anything in short time.
in the end i would recommend, you should start a niche site that turns you on. it will be more appealing to put content.
Good luck
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