So Iīve spent the last days reading articles, guides, watching videos on youtube on how to buy crypto currencies etc. To a complete crypto newbie, the amount of information out there is completely overwhelming. And I haven't found ONE simple & good guide that explains what you need to do in a basic 1-2-3 steps way.
Ive figured out I need a wallet, so I ordered a Ledger Nano S. Its the safest way to go (hardware wallets). I also need to use an exchange, and start with buying either BTC, ETH or LTC. Then I have to transfer them (?) to a different Exchange (or just use the latter exchange) to buy other currencies, alt coins.. Smaller currencies. After extensive research, I found out that the exchange with the highest number of different currencies are Bittrex. But Bittrex doesn't allow new users to register at the moment. Bitfinex, the largest exchange at the moment (according to volume) seems way too complicated for a newbie. How would Poliniex be? In a review from September its stated that Bittrex has 270+ alt coins and Poloniex has got 90+ alt coins. If I could find an exchange thats both newbie friendly and featuring many alt coins that'd be great! Hope I got the initial process right.. Exchange BTC/ETH/LTC -> Alt coins. Put them in a wallet, preferable a hardware one. (I will have my Ledger Nano S within a couple of days!)
Any advice would be greatly appreciated! We all have our learning curve... I'm at the bottom of the ladder now.
Edit: To sum it all up... I want to buy crypto coins of all kinds, including the smaller alt coins, and I'm trying to figure out how to!
Merry Christmas!