thanks habBear.
Can anyone tell me a little about selling/exchanging/withdrawing?
I want to know if it is typically always possible to sell at a moments notice? Will people still be buying when the price of a currency has just risen? Is that even how it works or must be done?
Can one exchange between a less common cryptocurrency and BTC, ETH or another major coin at any point?
Talking about selling at buying there are not typical moments that you would able to do such act but only on to your self only and no one really knows if we did bought a particular currency to its price peak or not and this is how trading works and this is the hardest part too which we cant really predict on price movements but if you do trade with proper knowledge and precautions you will eventually make money depending on how you gonna trade. Exchanges do work on that way which you would exchange into an other coins by the use of bitcoin depending if they do have exchange pair... lets say BTC to ETH you decide to buy Monero.. You would need to exchange your ETH->BTC-> Monero since you cant directly change monero to ETH.
This is true if you think this is good then really 3 times to pay for something is bad. Better is to take something clean and simple like BTC->ETC or BTC->LTC or any other coin or solution. Its not good to go for some coin that need to make lot of chances like monero for example. But this is how exchanges work some have some better option and they are popular and respected but some have few coin and they have good reputation (this I mean in BTC-E).