Stuck in plethora of information and websites

[jamalnasir]

hi everyone..

I've opened a few topics here but to be honest the vast information on this forum and on web are quite overwhelming. I'll list down the issues that am facing and hope someone can give me the feedback but please not too complicated.

- Buying This is basically the first issue. I can buy from localbitcoins but they are expensive. Furthermore, I plan to buy when the market is down again. So, I need to place a limit order on the exchange. I've already registered on cex.io, bittrex and kraken. Now the issue is that cex and kraken support payment of fiat currencies so I can send money through debit card to these exchanges but they don't have as many altcoins as bittrex. So, is there any website which supports payment of fiat currency through debit card from Pakistan and has a variety of altcoins?

- Storing? I've heard that hardware wallets are most reliable. However, whatif there is some hardware malfunction? Can I make duplicate backups of the same? If so, how...

- Converting crypto to fiat If I want to convert my crpto to fiat currency. Is it possible that I can transfer it through the exchange to my bank account in Pakistan? This is quite an important thing !

- investing or trading I'll only be investing a little amount. Max 500-1000 usd. Since I plan to keep it for long-term what would you advise me to do? Should I do a little trading so I get some money which I can then use to buy when the price goes down - as happened recently?
Is there any website where I can learn the technical analysis of the cryptos.

 

[edynolan]

To be honest it's a bit hard for you if you want to send and buy using your country's money except in your country which has its own exchange place like in my country. If in pakistan swapping places using the state currency into bitcoin is enough, you can buy altcoin in some exchanges.
I think the hardware wallet will not be damaged unless your computer is in trouble, you can backup every time you make a transaction.
Make a trade if you have money to invest but before doing it to learn to read the exchange so as not to lose.
You can see here about the results of crypto market analysis: cryptocompare.com