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1  Alternate cryptocurrencies / Altcoin Discussion / Wallet for XRP on: February 01, 2017, 10:06:45 PM
Hi folks,

I would like to know if there is anything other than Gatehub to store XRP.

I just can't seem to grasp the Gatehub + gateway thing. Seems like a lot of hops and pain in the ass increasing hacking risks.

I'm fairly new to the altcoin world but why doesn't something like Jaxx have all the currencies into one app where you can have all your wallets for all your chosen currencies?

It's probably the nature of the beast, being a fairly new and obscure environment, but man is the learning curve steep and time consuming for a newbie.

Although I know, nothing ventured, nothing gained right? And most worthy things takes work, time and patience.

Still, it could use some user frindliness lol.

Thanks! Smiley
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Getting started investing in Altcoins on: February 01, 2017, 09:53:28 PM
Thanks for all the input so far.

Let me clarify a couple of things...

I'm not asking about which or which coin to invest in. Since my original post, I bought some Bitcoins and then trade some into XMR and ETH.

Now I'm trying to figure out a way to get some XRP's into a wallet other than their Gatehub + gateway mess.

Also, I'm not buying and sitting. I'm watching the markets many times each day to try and grab a sense of how it's moving in order to shift currencies if needed.

Thanks.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Getting started investing in Altcoins on: January 27, 2017, 11:27:53 PM
If you don't mind, I'd like to share a bit of unsolicited advice-

Don't trade altcoins solely as long term investments. If you're going to do this, at least include Bitcoin for a large portion of your portfolio. The fact of the matter is, on average, altcoins overtime will depreciate in value to nill. In general, they just aren't good long term investments to make. Beyond this, comparatively large or well known altcoins don't have the same explosion factor as the unknown shitcoins, but they both have the potential to die.

What I would suggest (and what many people seem to do here) is to start out with a small amount on Yobit or Poloniex and just play around for a while until you get a good grasp on the market as a whole. Once you've familiarized yourself with a number of coins, you can put larger amounts into coins you are personally bullish on- coins that have missions or communities you actually believe in. On top of this, you can do some day trading if you'd like.

Any advice is welcomed.

Yes, Bitcoin was intended as the major more "stable" part of my investment. That's why I'm not planning on betting more than 100$ per Altcoin.

Thanks!
4  Alternate cryptocurrencies / Altcoin Discussion / Getting started investing in Altcoins on: January 27, 2017, 05:45:15 PM
Hi all,

I've been interested in cryptocurrencies for a while now. Did some research on the net and read some posts here on the forum. Been looking at different wallets etc... but can't seem to find the best way to proceed for what I have in mind.

Basically, I would like to invest for mid-long term in a handful of altcoins selection. I've been checking out the market by making a dashboard for myself on Coincap, been checking out Poloniex and Bittrex exchanges and looked up info on the companies/people behing the different altcoins I want to buy.

Now, I don't want to start trading every other day and stuff. What I want to do is, for example, buy 100$ worth of let's say Monero, Maidsafe, Ethereum and Dash and let it all sit hoping values will rise and then mauby in 6 months/1 year time, sell them and hopefully make a profit.

I know I need to buy Bitcoins first in order to exchange it for other currencies but what I have a hard time grasping is the best way to proceed to buy the altcoins and the best way to store them afterward. As I read that it's not a good idea to leave them on the exchange wallet.

So... Do I absolutely need to go through an exchange to convert my Bitcoins into other currencies? Can I use only something like Shapeshift or something better?

Once I got all my currencies... Can I store them on a hardware wallet or one software wallet where I could see all my currencies?

Or do I absolutely have to transfer each currency into it's own wallet and then transfer it back to the exchange wallet when I want to sell?

Many thanks for your help!
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