1.So what are the steps for setting up a wallet?
2. Should i invest as soon as possible or wait until the next downturn/crash?
3. should i invest in a few litecoins aswell?
So what are the steps for setting up a wallet?
http://bitcoin.org/en/choose-your-wallet (and register with an exchange like www.mtgox.com, tranfering money can take a long time and you have to jump though lots of hoops, so will be days befor you can even buy coins....unless you go though somewhare ike ebay).
Should i invest as soon as possible or wait until the next downturn/crash?
No one can answer that with any authority.
should i invest in a few litecoins aswell?
No one can answer that with any authority.