How to start

[89robin]

Hey,

I'm new in the ''altcoin'' world, I would like to buy some different coins and see what will happen.
I hope someone here will help me out, this is my issue;

I would like to buy 4 different coins; digibyte's, tether, bitshares and ripple.

I'm searching around for a couple of weeks where to find the best wallet, how to use it and how to buy coins from real money. Im not really getting into it so far.. So can someone please help me out, where I can download a wallet for each of them and where to buy those coins.

Help will be much appreciated.

Thanks in advance.

[wittaz]

I have bought altcoins like Digibyte and Ripple on Litebit.eu, they have their own wallet for some of the altcoins there. Other wallets you can find on Google, on their websites or websites where you can store multiple coins (multiple wallets in 1).
Bought a few altcoins on Litebit.eu to experiment but wasted a few 50 EUR or something. Look for coins that worth investing in. Don't just spend your money on random coins you don't know about 

I don't have the other 2 coins you mentioned.

If you are new to the whole coin thing I would suggest to start at Coinbase, buy a few coins there and see how it goes.
Or simply buy a few at Litebit.eu...

[89robin]

Thanks for you response.
So you store them online and not in an offline wallet? I was reading a lot of comments from people that where telling to store the coins offline.
Finding the right wallets on google, just download what google is coming up with and it will be fine?

[sujonali1819]

For wallets just search in google.you can find it on their(coin) website.And I suggest you for dgb in bittrex ,for xrp and bitshare you can buy it in poloniex.

[omonuyak]

Though is very risk but it has been working for me. I open my poloniex account for the purpose of trading and investment. I only find out that all coins trading at poloniex has an auto wallet generator! I used and harmonised all my coins at poloniex. My ripple, lisk, ethereum, litecoin and sys are all from poloniex wallet.

[wittaz]

Thanks for you response.
So you store them online and not in an offline wallet? I was reading a lot of comments from people that where telling to store the coins offline.
Finding the right wallets on google, just download what google is coming up with and it will be fine?

If you find some wallet on google, google it again for research to see what people are saying about it. Is it safe, is it good, ...?
Storing just a few coins online is no big deal, but if you invest a lot, it is better to store them offline, either on a paper wallet or hardware wallet (this will cost you about 60 to 120 €/$.) If you invest over 1k of real money I suggest to buy a hardware wallet 

[renes]

you should buy tether, it is still undervalued $1 lol. Start with little money to learn the system. You will do lots of mistakes this is normal

[Nanda Dewi277]

Why be confused if you only buy 4 altcoins and you use to trade?
All exchanger is able to accommodate altcoin, but I suggest use poloniex exchanger.

[89robin]

Ok. Thanx for the advice.

So when I start with a poloniex account, I can store all the different altcoins in there, use the litecoin account to buy some, and then download the wallets from the sites. I will go try it that way.

Any coins that you guys prefer to buy at this moment?

[Red-Apple]

just FYI tether is not the usual altcoin you see! it is something that tries to work similar to fiat which is why it is called USDT. and its price will be at $1 at 99% of the time unless something bad happens such as bitfinex getting hacked which happened and price tanked hard.

people sometimes use it to hold their value in fiat form but not use banks and pay their high fees.

[89robin]

I it possible to buy with a creditcard on poloniex? Or do i need to buy bitcoins first?

[Red-Apple]

I it possible to buy with a creditcard on poloniex? Or do i need to buy bitcoins first?

last time i checked poloniex didn't have any fiat markets so it never had any fiat deposits either.
i am afraid you will have to use another exchange that accepts fiat and then buy a cryptocurrency, such as bitcoin or any other you feel like it and then transfer that to poloniex to buy altcoins with.

[89robin]

Ok. thnx. I will buy some bitcoins and transfer them to poloniex.

Which other sites do you prefer to buy altcoins?

[Red-Apple]

Ok. thnx. I will buy some bitcoins and transfer them to poloniex.

Which other sites do you prefer to buy altcoins?

check out this list: http://coinmarketcap.com/exchanges/volume/24-hour/

most of the top 10 or 20 are good enough. i personally prefer bittrex over poloniex.

polo has a lot more features and a lot more volume compared to any other exchange. that is why most people choose it. as you can see it is on top of that list too. but that comes with some problems such as a slow support team, a slow servers from time to time when there are pumps going on, and outages.

bittrex is smaller but still have enough liquidity to be considered a big exchange to trade large amounts. and it also has lots of altcoins listed so you can participate in any of them when the time is right.
as for security both of them are good. make sure to choose a strong password and enable 2FA.

there is also Kraken which i never used but they say it is a good place, and as you can see it has EUR and USD markets to buy some of the altcoins directly with fiat.

there are smaller exchanges such as btc-e and c-cex which are more anonymous than others and safe enough to be trusted.