Remember not to buy BTC at peak if you're looking for short term trading. Expecting it to fall back to 4700+- before shooting up again

If you're looking to exchange your btc quick for eth, just use shapeshift, quick easy no hassle. If you're looking to buy and trade multiple crypto you could try poloniex exchange.

as for hardware wallets, you might want to try Ledger nano S it supports multiple cryptos.
I personally prefer paper wallets generated offline and have not used any sort of hardware wallet before.

Well, its bitcoin. Many TA indicators suggest that BTC will be from time to time, prone to huge fluctuations in a short period of time. Just about 4 days ago, bitcoin shed over $110 USD in a span of 15 minutes. But recovered quickly. Same thing in the start of 2017, reaching over $1k USD before plummeting to $750+-
Be fearful when everyone is greedy and be greedy when everyone else is fearful

To me personally, paper wallets are secure in terms of cyber security, but you are prone to physical factors like losing your paper, damage by water/fire etc.

I too, have many things to learn. Well, there's no perfect timing. The perfect time to buy was years ago, the second best time is now. $1000USD/BTC now is like $1 USD/BTC in Apr 2011. Not persuading you to buy, but just an example. No one knows what the price will be in the future.

Most of my holdings are still BTC, but i do have ETH, STEEM, BBR, DASH, XMR, PASC, XRP and some others. Try poloniex.com you'll see a variety of altcoins in the market.

Hope I helped

My altcoins are on poloniex exchange, I don't hold them long term only long term on btc.

I held and sold most of them when alphabay announce their support for monero. Right now i don't have much, but not selling it just yet. DASH and XMR just seems much superior to BTC on paper, expecting them to one day surpass BTC, but definitely not in the near future

Hardware support for altcoins are scarce. My advice to you is keep your BTC yourself, don't leave it on an exchange or online wallet as it is one of the most dangerous way to hold your BTC long term. The whole idea of BTC is to eliminate third party (i.e bank/financial institution) to hold your money for you. And if anything bad happens to the third party (insolvency/hacked), your BTC will be gone. There's no PIDM to help you reimburse your losses.

DASH has a much faster confirmation time (2-3 mins), and if you pay a higher fee you can use Instant Send for instant confirmation. They have a structured distribution to fund the ecosystem (45%-miners)(45%-masternodes)(10%-infrastructure). That's just an example, for me DASH is still highly undervalued based on their market cap.
http://bitcoinist.com/10-things-you-need-to-know-about-dash/
Despite the facts that are brought up here, I still don't hold much DASH. But there will be a time in the future where I'll exchange most of my BTC to other altcoin like DASH.

As for XMR, its more catered to those who value anonymity and privacy. BTC is only pseudonymous, not anonymous, which might be one of the main reason the price will soar much higher that it is now.

Yea trezor has so many orders to fill. yeap they're refered to as altcoins.

there are still many other coins that will show the same pattern.

I'm not really into the technical aspects of it, but so does the average traders. I just follow the market trends, make my money and get out when it's not profitable anymore.
Who knows, ETH might snatch the number 1 spot in the future. But as for now BTC is still king.

and hence the price increase as i'm writing now. Just closed my position at 0.01425 nice profit but unfortunately i didn't have much

The thing about this is that there are no insurance/protection against theft or hacks, no one will reimburse you if any funds are lost, unlike PIDM. So only put in what you're willing to lose for, because one day you might lose 100% of your funds and no one will be responsible but yourself.
So only put in what you're willing to lose for.

Yes, poloniex is convenient if you're not looking to withdraw your altcoins. You're just holding those altcoin on poloniex's balance sheet, you have the right to the altcoins but ultimately they are holding it on your behalf. Counterparty risk there.

However, if you're looking to buy altcoins and hold it in your own wallet, ShapeShift would be your best bet!

Good luck on trading. Remember, don't get emotionally tied to the volatility, don't buy peak and sell at dip!
buy the dip and sell the peak

someone create a v2 thread