First of all, let me introduce myself.
I'm a newcryptoenthusiast, electrical engineering student (aka broke) from Brazil (aka specially broke beause my country's economy has gone to shit) with some aspirations to participate in this cool bubble (sarcasm) called the cryptocurrency market..
So i've been reading and reading and reading about altcoins and i actually found some interesting stuff, but i have no idea on how to start investing in them (??).
I've been particularly interested in maidsafe,lunyr and stratis, so here are some questions and if you guys could answer them to me or point me to a specific direction...that would be insanely appreciated!!
What should i do first to start buying coins/tokens?
What is the best platform to exchange currency and trade coins?
I've noticed that poloniex and kraken show some disparities in the value of some coins, why is that?
What's the difference between tokens and coins?
Where should i keep my coins/tokens?
Thank you and sorry about my grammar errors, english is not my native language but i hope some of it could be understood.
First of all, are you going to just hold onto these coins long term or are you going to trade them back and forth? If you are going to hold the coins long term you want to store them on a digital wallet, you need to save multiple copies of the wallet(backups).
If you are looking to trade back and forth you have to leave your coins on an exchange which can be dangerous. If the exchange gets hacked you can lose everything you have there so you need to be careful. Many exchanges have been hacked in some way or in a large way.
Only buy what you can afford to lose. Make sure you buy different alt coins and don't just buy one or two or three, buy like 10 different coins. Buy some safe investments like BTC/ETH/LTC/XRP and then feel free to choose some other coin(most other coins are completely shit just so you know). More other coins are scams that go nowhere.