Post
Topic
Board Beginners & Help
Topic OP
Another Newbie needing assistance
by
LittleTimmy
on 21/02/2024, 16:50:32 UTC
Hello,

I am a newbie to the forum and Crypto. There is a ton of information here but i'm quite confused in starting my journey. I cannot see members of staff online and don't really know who to contact directly hence my post with some question many may laugh at.

I have $200 etherium which I have purchased via MetaMask, I opened an account and placed $200 in there. I assume I own $200 or whatever the 0.00% it is off etherium. Is this correct? I would like to buy other coins too and put in a lot more money than $200. I would like to buy more etherium, bitcoin, XPR and a couple of other coins.

My questions are below if you can help please

1. Do i do the same and open various wallets and buy the coins that way or do I have to use an exchange like Coinbase or Binance to buy the coins?
2. If/when I want to sell the coins do i withdraw via the wallets or do i go onto an exchange and sell? Then transfer the money to my bank account.
3. Is there a secure wallet I can get with can hold all the coins in 1 place or do i have to open multiple wallets?

I am really sorry if these are basic questions for you but I fell my knowledge is very very limited weak in Crypto, the more I read on this forum the more confused i'm getting. I would like to buy and hold the coins long term but would also like to sell short term if I don't feel i have chosen the correct coin/s.

Can you please help/direct me on my journey?