Where do you live? Your options on getting your local cash into any crypto-currency are directed somewhat by where you live.
Thanks for your reply, I currently am in central Florida. Is there a major benefit to buying locally?
The Trezor seems to be a popular hardware storage method. A printed private key in a lockbox isn't a bad idea either. Some people even keep their BTC on physical coins. Casascius coins being arguably the most popular.
What is the benefit of taking the money into a wallet, does it cost money to add/remove it from the exchange?
Websites have a bad track record of getting hacked at the end user's expense. Most will charge you a fee to withdraw funds, but it's worth it.
Thanks for that info. The possibility of storing currency in a physical coin is very fascinating.
First off, read more about bitcoin, more you know, your investment is more secure and you actually know what you are doing.
Its possile to buy whenever you want (low/high) but you need good exchange for that, coinbase for example keeps crashing under load (price movement u want to take advantage from).
thanks Velkro, I am trying to read as much as I can to become more knowledgeable about crypto. So you can buy whenever you want, can you sell or exchange back to BTC or ETH whenever you want? (Granted the exchange doesn't crash)