Building Gaming PC

Solution
I'd trash that whole thing. You can definitely get much better for your budget:

PCPartPicker part list / Price breakdown by merchant

CPU: AMD - Ryzen 7 2700X 3.7GHz 8-Core Processor ($324.98 @ SuperBiiz)
CPU Cooler: CRYORIG - H5 Universal 65.0 CFM CPU Cooler ($46.89 @ OutletPC)
Motherboard: Asus - TUF X470-PLUS GAMING ATX AM4 Motherboard ($155.00 @ B&H)
Memory: G.Skill - Trident Z 16GB (2 x 8GB) DDR4-3200 Memory ($190.98 @ Newegg)
Storage: Crucial - MX300 275GB 2.5" Solid State Drive ($90.99 @ SuperBiiz)
Storage: Western Digital - Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($43.90 @ OutletPC)
Video Card:...
I'd trash that whole thing. You can definitely get much better for your budget:

PCPartPicker part list / Price breakdown by merchant

CPU: AMD - Ryzen 7 2700X 3.7GHz 8-Core Processor ($324.98 @ SuperBiiz)
CPU Cooler: CRYORIG - H5 Universal 65.0 CFM CPU Cooler ($46.89 @ OutletPC)
Motherboard: Asus - TUF X470-PLUS GAMING ATX AM4 Motherboard ($155.00 @ B&H)
Memory: G.Skill - Trident Z 16GB (2 x 8GB) DDR4-3200 Memory ($190.98 @ Newegg)
Storage: Crucial - MX300 275GB 2.5" Solid State Drive ($90.99 @ SuperBiiz)
Storage: Western Digital - Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($43.90 @ OutletPC)
Video Card: EVGA - GeForce GTX 1070 Ti 8GB SC GAMING ACX 3.0 Black Edition Video Card ($504.98 @ Newegg Business)
Case: NZXT - S340 Elite (Black) ATX Mid Tower Case ($79.99 @ SuperBiiz)
Power Supply: EVGA - SuperNOVA G2 650W 80+ Gold Certified Fully-Modular ATX Power Supply ($69.99 @ B&H)
Total: $1507.70
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2018-05-14 14:54 EDT-0400

Or if you want to go Intel:

PCPartPicker part list / Price breakdown by merchant

CPU: Intel - Core i7-8700K 3.7GHz 6-Core Processor ($328.00 @ Amazon)
CPU Cooler: CRYORIG - H5 Universal 65.0 CFM CPU Cooler ($46.89 @ OutletPC)
Motherboard: ASRock - Z370 Extreme4 ATX LGA1151 Motherboard ($145.82 @ Newegg)
Memory: G.Skill - Trident Z 16GB (2 x 8GB) DDR4-3200 Memory ($190.98 @ Newegg)
Storage: Crucial - MX300 275GB 2.5" Solid State Drive ($90.99 @ SuperBiiz)
Storage: Western Digital - Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($43.90 @ OutletPC)
Video Card: EVGA - GeForce GTX 1070 Ti 8GB SC GAMING ACX 3.0 Black Edition Video Card ($504.98 @ Newegg Business)
Case: NZXT - S340 Elite (Black) ATX Mid Tower Case ($79.99 @ SuperBiiz)
Power Supply: EVGA - SuperNOVA G2 650W 80+ Gold Certified Fully-Modular ATX Power Supply ($69.99 @ B&H)
Total: $1501.54
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2018-05-14 14:55 EDT-0400
 
Solution
Here is the list:

PCPartPicker part list / Price breakdown by merchant

CPU: Intel - Core i7-8700 3.2GHz 6-Core Processor ($298.99 @ SuperBiiz)
Motherboard: Gigabyte - B360M DS3H Micro ATX LGA1151 Motherboard ($65.99 @ SuperBiiz)
Memory: G.Skill - Aegis 16GB (2 x 8GB) DDR4-3000 Memory ($152.99 @ Newegg)
Storage: Western Digital - Blue 250GB M.2-2280 Solid State Drive ($73.63 @ Amazon)
Storage: Western Digital - Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($43.90 @ OutletPC)
Video Card: EVGA - GeForce GTX 1080 Ti 11GB SC2 Video Card ($754.98 @ Newegg)
Case: Corsair - 200R ATX Mid Tower Case ($39.99 @ Newegg)
Power Supply: EVGA - SuperNOVA G2 650W 80+ Gold Certified Fully-Modular ATX Power Supply ($69.99 @ B&H)
Total: $1500.46
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2018-05-14 15:13 EDT-0400

This GTX1080Ti combo is around 40% more powerful than GTX1070Ti combo and around 80% more powerful than GTX1060 combo. In both the cases the gain you get is huge. All components are of high quality did not cheap out. Intel i7-8700 is able to handle games on par with R7 2700X OC.
 
PCPartPicker part list / Price breakdown by merchant

CPU: AMD - Ryzen 5 2600X 3.6GHz 6-Core Processor ($223.49 @ SuperBiiz)
CPU Cooler: CRYORIG - H5 Universal 65.0 CFM CPU Cooler ($46.89 @ OutletPC)
Motherboard: Gigabyte - X470 AORUS ULTRA GAMING ATX AM4 Motherboard ($140.98 @ Newegg)
Memory: G.Skill - Sniper X 16GB (2 x 8GB) DDR4-3600 Memory ($185.98 @ Newegg)
Storage: Crucial - MX500 500GB 2.5" Solid State Drive ($114.99 @ Amazon)
Storage: Seagate - Barracuda 2TB 3.5" 7200RPM Internal Hard Drive ($58.50 @ Amazon)
Video Card: Zotac - GeForce GTX 1080 8GB Mini Video Card ($549.99 @ Amazon)
Case: Fractal Design - Meshify C White TG ATX Mid Tower Case ($79.99 @ Amazon)
Power Supply: EVGA - SuperNOVA G3 650W 80+ Gold Certified Fully-Modular ATX Power Supply ($79.99 @ Amazon)
Total: $1480.80
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2018-05-14 15:24 EDT-0400


 


I would say intel would be a better pick, almost same performance compared to AMD but you can overclock way more, u get this extra free performance.
 


So quick question that I'm just not smart enough to know: Do I need a cooler? Is a liquid one necessary or is a fan sufficient?

One last question: Will this unit be loud at all?
 


If you're going to buy a system like this you should at least learn to overclock and in which case you will need the additional cooling. Also if you go Intel, there is no stock cooler included so you will need one as well.

As far as noise goes I wouldn't worry about it too much.
 
Thanks Sir for the help! I am really attempting to learn more. I've overclocked my cell phones before but I feel this is a bit of a different animal to an extent. I'll take a ll the help people are willing to give!