Hi Guys

I am looking at investing for the first time, I currently use Blockchain as my wallet and Cryptopia for trading, would people say these two are okay to use?

Firstly, I will be looking at investing £1,000 on Bitcoin and then go for the long-held option,  most likely for the next 2-3 years, whilst keeping an eye out for spikes in value to sell say 40% at any given time during a spike.

I would like to keep 60% of the remaining value to (hopefully) climb, whilst also possibly spending 15% on alternative currencies e.g. Ripple.

As of now Bitcoin looks to be at a high value and I am waiting for a dip to buy mine, would you say this is a wise move, as I need to buy Bitcoin before looking at buying alt coins.

Any info would be great, thanks.