digitaldharma said: I've heard of bitcoin for years but never put serious thought into investing. but after researching and opening my eyes to it all just this week, i'm going to jump in...



i want to invest in a variety of coins and i would prefer to store it all in one wallet. but it looks like there isn't an all-in-one wallet yet. is there a small combination of wallets that could achieve my goal? and is it better in some cases to store it on that particular developer wallet? Click to expand...

There's no perfect all-in-one wallet solution yet, but within 5 years there will probably be several. Jaxx wallet is the closest thing to an all-in-one solution for now. They offer support for several coins but not all of the major coins yet.You also have to consider your investment approach. Are you getting into crypto as a long term investment? If so, buying into the major coins (BTC, ETH, XRP, etc.) and holding long term is a simpler way because there's less trading involved and more wallet options. If your goal is to swing trade then you'll need to look at options for what exchanges offer the most coins for trading and how much volume those exchanges have in order to easily and quickly exchange to a safer currency to secure profits.Also, although an all-in-one storage solution is easier on the user end, it leaves little room for error. Should something happen to that wallet (lost, stolen, hacked, destroyed, etc.) you lose everything. Diversification is always a good practice, not only in traditional markets but also in crypto coin investment and storage marketplace.