For the people that first bought cryptocurrency, im curious but what percentage of your net worth did you invest?  To me, net worth would be all the money in your bank accounts minus anything you owe etc.  Of course you include your house and properties you own.  However, the issue with those are well they aren't liquid cash where you can have access to it anytime.


So based on your net worth, what percentage did you put into cryptocurrency?  Im using that word as oppose to bitcoin since well some people definitely only invest in altcoins etc.  Like let say someone's net worth is 50k.  Let say they don't own a house or anything etc.  This 50k is in bank account in savings or anything thats low risk etc.   Now from what i read online, it seems that articles seem to suggest to not put more than 10 percent max in it.  Many mention 5 percent or even less etc.  First off, does anyone here think thats very low or actually very high?  The guy with 50k would mean he could put either 5k or 2500.  Now that isn't exactly a very tiny amount but in order to make a lot of money, that would be hard.  I was watching cnba and they had that guy chamath talk about bitcoin and he mentioned that you should invest 1 percent of your net worth into bitcoin.  The other hosts would say well many people don't have the money you have to invest big etc.  But he then said well let say you only want have 100 dollars to invest.  If you invest the other 99 in other things like stocks or bonds, do 1 dollar in bitcoin because if you lose money in the other 99 percent.. well that 1 percent in bitcoin could possibly offset your losses etc. 


So based on that, let say someone has 10000 dollars in money in bank account etc.  But they are basically paycheck to paycheck.  Wouldn't it be risky for that person to put even 1000 dollars?  Because the average net worth of most people are well very low etc.  Then i read about people that put everything in their bank account into cryptocurrency etc.  Do you think those people are crazy for doing that?  I definitely do.  But the thing that shocked me are those stories of people selling their house or getting a big loan to buy bitcoin etc.  I mean does anyone here think that is just ridiculous? 


So if someone has say 10k in their bank account to invest, im curious how much money the average crypto investor would invest.  Im guessing 500-2000 is probably the right amount?  However im sure there are ppl out there lot of them that just put in 5k or even more into it right?


The other thing is this.  What if someone only invested 5 percent or 10 percent or something like 2 percent or as high as 25 percent into crypto.  Then it goes all by a huge margin and suddenly their cryptocurrency value compared to their net worth or money in bank account is 50/50 or even higher?  If thats the case, would you say that person should at least cash something out?  Since there are lot of ppl that invested and then made a lot in returns etc... where imagine someone had 20k in bank account.  Invested say 2k.  Then that 2k is turns into 25k.  And their bank account has say 15k.  Would it be smart to just keep holding if they don't need access to the money yet? 


Because cryptocurrency is very volatile and obviously isn't something you should put a huge percentage of your money into.  However, im curious about those people that had their cryptocurrency value go higher than their bank account value which im sure is many people.  Also what percentage of people would you say out there whether they told their house or use all the money in their bank account where they have something like 10k or less in their bank account and have something like 50k or even 100k or more in crypto?  I would at first think that is crazy but im guessing this is pretty common now since people are selling their homes for btc etc?

HI there.  So if you withdraw say 5k, how much would it cost total if you withdrew to say american bank account?

To anyone that uses bitstamp and done a usd wire withdraw to your bank account, what is the minimum/max?  Also how much are the fees?  And i read that they only allow wire transfers as oppose to ACH.. is that correct?


Thanks.

Hey all.  Is there a reason why it shows the binance fee as 0.03 percent and because i have binance coin its 0.015 percent now?  Wasn't the fee 0.10 percent but if you own binance coin, it goes to 0.05 percent?  So there is another discount here?  im confused.

Can anyone confirm this?  So if you buy say $5000 worth of ark now and deposit it all in ark wallet, you get around 400 to 500 dollars worth of ark per year?  If thats the case, wouldnt anyone with a lot of money like 100k or more just do that and get around 8k-10k a year?  Or is there something wrong with this.  8-10 percent seems very high.  Does anyone know if this is true or not?

When people say holding, how long do you guys usually mean by that?  Is it long term hold or shorter?

Also the person that would buy the dips and then sell at the highs or close to the highs, then wait for the dips when having usdt in their account, wouldn't they be making money in real time compared to the holder?  Since someone say buy a coin that is 5 dollars.  Buy 2000 shares for 10k on the dip.  Then it goes to 7 dollars.  Now he sells it back to btc for 4000 profit.  Then immediately converts it to usdt.  Then he basically watches the market... waiting for more dips... then rinse and repeat.  Of course doing this is risky since you dont know if the market will recover.  But you dont lose unless you sell at lower price.  So wouldnt this be better?  Like look at how many times there are dips and then price increases etc.  The guy that is holding on a coin that he bought at say 5 dollars... let say it went to 8 then to 5 and keeps doing it etc.  Well let say its 7 dollars now.  Yes he made money if he sells now.  But the guy that sold to 8 and then bought back to 5 and then sold at 7 and bought back at 5.25 and keeps doing this over and over, he has made real money at the moment right?  Thus that way he has money coming in?  If you are holding, you arent having any money hit your exchange account or bank account.

Are there people that made a lot of money during this dip and then the ups and then back to dips?  Because say you but altcoin at 2 dollars.  Let say you bought 10000 usd worth of it.  Coin goes up to 2.50.  now you sell it it.  You would then have a total of around 12500.  Then you immediately sell the btc for usdt.  Now you made around 2500 profit minus fees, lets just say 2450.  Now you ware waiting for the next dip etc.  So here if you are trading, well you made money when it dips and goes back up and vice versa right?  But say the guy who bought altcoin at 2 dollars and 5000 shares for 10000 usd.  If during that time it went from 2 to 2.50 and then back to 2... well that guy hasn't made any money.  Of course even if it went to 10 dollars, he havent made any money because he didnt cash anything out etc.  So im wondering if trading is really the way to go if you want to make consistent profits?

Anyone think shift is good buy?

When was it dangerous to use?  Back then it was fine but now it isn't?  Also you say both are dangerous to use.  Well aren't those the only 2 ways to log into mew?

I had thought a while back people said if you are betting on altcoins, you are essentially betting against bitcoin.  However how is this even the case or is this statement wrong?  Because when bitcoin goes up, the altcoins basically all go up.  If bitcoin goes down, all altcoins basically go down.  Aren't they essentially correlated?


So let say you believe in bitcoin and buy bitcoin because you believe value will go up.  Well if you buy altcoins, isn't it very likely if bitcoin goes up, then your altcoin will also go up?  The only difference basically comes down to do you think that altcoin will grow a higher percentage than the bitcoin?  Thus thats the only question you should ask before you convert btc to altcoin?


Because if bitcoin fails, well aren't all altcoins going to fail?  And if bitcoin goes up etc, well then isn't almost all the altcoins going to go up?  The thing that i want to ask is also this.  If btc goes up, then aren't essentially any altcoin let just say in the top 30 altcoin list going to basically go up?  Thus some go up more than others etc?  Because people say to buy this altcoin such as say dash or monero or iota.  However, if btc goes up, does it even really matter?  I watched a video where someone mentioned in a bull market, everyone thinks they are a genius.  Well if its a bull market, does it even matter which coin you really buy?  Like if you were told bitcoin will go up today, well does it matter if you buy iota or deeponion or monero?  Because bitcoin basically controls the entire crytocurrency market right?  And is it even possible for bitcoin to do really bad and the altcoins go up a lot?  Or if bitcoin goes up a lot and altcoins go down?  Because i dont think i seen any graphs or charts like this.  Basically everything follows bitcoin.  So its basically saying... if you believe in bitcoin and it will go up, well you can buy bitcoin and hold it or just buy altcoins since it will also go up.  Its like does the projects of each of these coins even matter anymore?  Literally everything goes up on the list.  Its like what research do you even need to do.  Like if you were told okay bitcoin will go up a lot today, well you could just randomly buy 10 different altcoins in the top 50 even and almost all will go up right?  Because my issue with the crytocurrencies is basically bitcoin seems to determine everything.  Why isn't it like bitcoin goes up a decent amount, and say 1/2 the altcoins do decent and 1/2 the altcoins do bad etc.  Like to hear all your feedback on this.

Im confused.  So did people get their MEW accounts hacked that only went to the legit site or not?  Also when i logged into MEW a while back, i believe you could enter either your private key or the JSON file.  Sometimes i used my private keys other times i used JSON.  So which one is safer?  Because i believe i started to used the JSON file more since people recommended it.


Are there ppl that got their accounts hacked or not who went to the real site.  That is what i want to know.

So myetherwallet was compromised or not?  So assuming someone clicked on the real site and never entered a phishing site, is it possible to get hacked?  I ask this because im thinking about maybe getting some ETH later on and i would use myetherwallet for it.  So in all these cases of people getting hacked, are there people that got their mew hacked when they visited the legit link etc? 

Can someone explain how peoples myetherwallet get hacked?  I created an account a while back and logged in and out and without any issue.  However i dont have any coins there though.  But when i log in and out, there were zero issues at all.


Is it possible for it to get hacked if you visited the correct page?  Also people say phishing link.  So people by mistake are entering myetherwallet incorrectly or something?  Or do they go on google and type myetherwallet and then click on the wrong one?  Someone mentioned binance has this issue where if you type in binance... the first thing that shows on google is an ad on the top which shows binance and thats not the real site etc.

Dont people offer more money for your btc when you pay you cash or deposit cash in your bank account?

What is max price you guys think it could hit?

I heard about this when i posted asking about why shift had that message market pending on bittrex.


What about the phantom thing i kept hearing about.   Is that going to happen soon?


Also when they say decentralize the web, what does that mean exactly? 

what is the highest price you guys think it could possibly hit?

Can someone tell me if you invest in iota, who are their competitors?  Also if you own a coin that is a rival against iota, is that bad idea since there is conflict of interest or that is no problem. 

Still having the issue where i go to binance website and when i click on log in, it keeps refreshing over and over.  Anyone know how i can fix this issue? 

Hey all.  Does anyone have an issue where when you go to binance site and then click log in, it would keep refreshing the page over and over again?  i cannot even log into binance because of this.