This is bullish AF but the upside is still there. TBF, we should be at 500+ right now. I have a fairly big long opened from 215 that I'll be riding til october.

Glad its back up to currently 330 but I've been waiting for the real liftoff to take place for a while now... I kinda prefer the wild daily swings in BTC.

I would think ETH will going up to near 400+in the next 30 days. Why? Mainly because new ICOs will be offered in Sept/Oct, and people are hungry for those, and you need ETH (and usually BTC) to get them. Also lot of old ICOs have already sold off a lot of their ETH. Also Blockchain, which has a strong web presence, recently added Ethereum giving it more credibility and utility. Also Vitaly has continued making worldwide presentations promoting Ethereum. Finally, the ETH price has usually run at 10% or more of the price of BTC and its well below that threshold at this point. I hold some. gl

Should we look to sell if it goes above 400? I own 1.0 but dont really know anything about crypto. Is it worth the $100 or whatever or should i just hold?

I think the honest answer from anyone would be 'dunno'

After last time I'd guess there's a decent chance there would be a sell-off around $400

I'd say the quicker it went to 400 the more likely it falls back down

But I'm a novice novice!

Inching closer to it's all time high the last day or so.

too bad bitcoin ruined the party last night, things were starting to pick up

How so??

+1

You just gotta chill. You'll get your rise, the problem is your in this for the short term.

Why do you think we should be at $500+ right now?

I don't know if it's just my area in MI, but zillow has slashed estimates across the board.

I know the housing market seemed to be getting ahead of itself, but does anyone else think crypto might have something to do with housing prices falling? Or is it just my area and I'm totally off base?

My goal in life was to accumulate a certain amount of rentals so I could be financially free at a certain point. However with cryptos, I think, why the **** am I going to invest $150k into something that's going to net me MAYBE $10k a year????? When I can drop it in ETH and most likely make more money in the next 3-5 years then the lifetime of the rental and no headaches.

So If I'm just one dude, not buying real estate because I'm going for crypto, I also have another buddy who is.... are there's thousands and thousands of people doing this? People in the rental home industry tend to be more in the demographic of people who learn about cryptos. Maybe there are even people selling rentals to buy cryptos.

Increased popularity of crypto investing has nil impact on the prices of homes in Michigan.

Whilst investing everything you have into crypto could give you retirement levels of money in a few years compared to the housing market, it could also give you zero. It's pretty unlikely the prices of your houses will drop to nothing, where with crypto it's definitely possible

Whats GTO amount of your net worth to have in Ethereum/other cryptocurrenies?

Depends on your net worth, your income, how old you are and how bullish you are on cryptos. If you are young with a net worth of $50k, an income of $100k and are extremely bullish, you could conceivably invest the whole $50k. If you are more neutral on cryptos you could take 5-10k and hold a small basket of coins mostly for upside in the event that cryptos continue to explode.

because news have been great for a while now. Obviously it's hard to if crypto is a 50B, a 1T or a 50T industry but relatively speaking, ETH should be at ATH considering that we are at ETH on news and fundamentals.

So you're giving it a buy rating.


And Kazuya you can come back now, ETH is basically all time high.

It depends on your circumstances but in general I think having anything more than 5% is pushing it, maybe bordering irresponsible. Obviously if you're 22 with some poker $$$ or 45 with a mortgage wife and 3 kids the answer is different.

I have around 10% of my investment portfolio in crypto and am pretty bullish, think it's still going up but am not adding more other than rebalancing. I'm slightly higher than my 5% suggestion bc my real life job relies on the financial markets, so it's a good hedge for me personally on a repeat of 2008.

The only crypto I own is ETH. But Ive been thinking about investing in the whole sector as a percentage of my portfolio. The problem is there are so many, and many more popping up practically every week.

How do you invest in the basket without spending way too much time researching?

Ive thought about constantly owning the top 5 or so, and rebalancing accordingly, but thats also a ton of work, not to mention moving them from wallet to wallet, and needed bitcoin to buy them, etc etc


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I have about 50% and feel a bit guilty not putting more in. The thing is, I only put like 10% in but now it's 50%. Just let the **** ride. When it hits 80-90%, I'll start to take some pieces off.

https://news.bitcoin.com/moscow-stoc...ryptocurrency/

This seems pretty big if true. With the way things are going, it won't be long until crypto is traded on every exchange in the world. I had to buy more, this **** is just getting ready to 10 bag again.

I only have exposure to eth and btc. Mostly eth. I don't do any research and just bought it and sit on it.

Need one of those in the US and India imo.

At the end of the day your appetite for risk is a personal decision but you should ask yourself if you're being results oriented. Would you feel guilty not having more if he price was still 1100 btc/60 eth? Probably not.

I think having half your net worth tied up in a man asset that has virtually no real world value is insane and reckless especially if you have debt or haven't fully funded a 401k/ira etc

I have ether on my trezor wallet and am trying to send it back to an exchange. It isnt going through in the last couple hours for some reason. It goes through myetherwallet, I pasted address, put in the amount and it has a default gas limit of 21000. Any ideas why it isnt going through?