I'm posting this question here as someone mentioned to post this in the altcoin subforum. I ask this because i notice Ethereum price has gotten way up... its already $225 or so already. I have heard about this and litecoin previously but didn't think much about it. I took a look at ethereum and it was around $10 a coin earlier this year.
That means if you had bought say 100 coins, well that $1000 would be already $22500 or so. If you bought 500 coins, that $5000 would be over $100,000 as of now.
Does anyone know if it was easy/hard to acquire ethereum earlier when it was $10?
Also where do i buy ethereum? Also do you need like a wallet for it? For example with bitcoin, you can leave your bitcoins on blockchain or use a wallet like electrum or armory etc on your computer etc. From what i heard, bitcoin is much easy to understand than ethereum.
How would i go about getting ethereum? Do i need to download a wallet on my computer like electrum? How long would that take? Im very interested in this as right now its around $225 or so and the thing is well... of course there is chance it can skyrocket all the way up to a lot more.
Also does anyone know much about litecoin or anything else? I read online that there is also zcash, dash, ripper and monero as the other cryptocurrencies etc. I want to know is it easy to buy/sell like it would similar to bitcoin. Im also guessing the most important crytocurrency besides bitcoin would be litecoin, ethereum, then zcash?
I ask this since the prices for these seem to be very low and of course it can go all the way up etc.