I have another question. I am testing the waters right now so I went through Coinbase and withdrew $50 from my bank and I did that 24 hours ago and my transaction still says it is pending. I bought ETH at $738 and now it is below $680 so did I lose my money before I was able to cash it out before the declined?
So you bought the ETH at a very high price, so now the price is decreased in the market. If you withdraw to your bank you will be in loss. So wait until ETH price increase in the market because now the value of ETH is kept increasing. So hold it from some more time until the price of ETH increase.