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Showing 20 of 79 results by Husecomang
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Board Economics
Re: Cryptocurrency, KYC and Terrorism
by
Husecomang
on 27/06/2019, 11:53:33 UTC
This is not where it started, people has been stealing IDs from others and selling them online to make money, and these are not little money, they make a lot of money from selling people's ID. That's why you should be very careful with giving out your information online, especially in cryptocurrency. Cryptocurrency market shouldn't be a place where kyc is requested because it was meant to be for privacy and not exposing the users, any project that is requesting KYC is likely to be criminals out for identity thefts.
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Board Altcoin Discussion
Re: Would you trust FB with your KYC details?
by
Husecomang
on 21/06/2019, 10:14:33 UTC
I wouldn't. I don't think this coin will succeed! What do you think?
Well, the thing is that even if you don't give your information, there are lots of people who are going to do that. But are my going to give out info about myself just to make use of Facebook Libra coin?? That's what I can't really tell. They are already doing that, when you sign up for Facebook they try to make you give every information about yourself and even your location so they can sell it to advertisers. So I don't even know what would be their plans with this one. And another thing about the coin is that it is stable.. I'm a person that prefers volatile coins like Bitcoin so I can make profit from investing in them and trading as well. Since this one is stable, I don't know if I'm going to have interest in it, I had rather continue to make use of my bank and PayPal account cause there is no difference.
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Topic
Board Speculation (Altcoins)
Re: ETH: Deep crash before going to the moon?
by
Husecomang
on 01/12/2018, 07:05:51 UTC
For me no one knows eth,btc or other altcoins that it can deep crash before going to the moon.But if it is happen what a nice prediction.This time I think if we wanted to crab the opportunity to buy altcoins we put it in our mind that it can be profitable in the future,not buy or hold.
You are right that no one know that which will be the dip before a bull run we all are sure that a moon will happen to all of them so it is an opportunity for all of us to buy any coin of that to be prepare for the journey to the moon and get the profit which is sure from the investment in these coins.
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Board Trading Discussion
Re: Day trade
by
Husecomang
on 24/10/2018, 11:07:37 UTC
I don't know how one makes lots of profit in one day, it is like gambling, I think you don't need to make bet for every game.

Trading is not gambling, only those that enter trading with the gambling mindset lose a lot of money, If you must trade, one must learn about the rudiments, risk management and basic trading knowledge. There are so many rules to it that can be found in a lot of infos shared in different sections in this forum, just use the search button and right keyword
I hope a lot of people actually know that, because if we are really to dig deeper to check, most people actually gamble, not trade. The thing with trading is that you will always require a very good strategy to be able to do right and once that strategy is not in place, everything a trader does is gamble afterwards.

The thing is that, as long as you do not know when should be the right time for you to buy, or the right time to sell or have a planned stop loss just in case things does not work out the way you want, the chances of getting screwed will always be there because in that case, what the person would be depending on is luck and that is gambling.
Trade coin is just like forex stock. It's just that buying games and selling better ones will win. To say trade coin is gambling, stocks and forex are the same.

People say trade is gambling, they are not good at entering the market.

Want to be good in the trade field do the following.
1. Win yourself.
2. Compliance with discipline.
3. Do not believe in crowds .

Not necessary to make big money in one day but it is a fact that day trade is very effective way of making money in short time. Day trade means that you find chances of a bit profit on daily basis but for this you will have to give much time every day. If there is big difference in the price you can earn big money in one day but one wrong decision can empty your wallet and you will be ruined.
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Board Trading Discussion
Merits 1 from 1 user
Re: Cryptocurrency Crash
by
Husecomang
on 22/10/2018, 12:45:09 UTC
⭐ Merited by wuvdoll (1)
Altcoins and bitcoin price going down not mean it's crash it Means you can buy and hold it this is normal for us in bitcoin's being expensive so start trading until you get profit right now.
Yeah I also think that there is nothing to worry about the crashing of the cryptocurrency. We know that the market is suffering from big corrections but it doesn’t mean that it is going to crash. In the near future we will see big growth again not like the previous one but with according to the market capital. For me $6400 is enough and quite reasonable price for bitcoin.
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Topic
Board Trading Discussion
Re: What are the Best Coins to Buy?
by
Husecomang
on 22/10/2018, 11:07:15 UTC
As we know btc is leading coin in cryptos. Price of other coins also fluctuates when we notice in btc's price change.
As per experts's predictions price of btc will go up in the month of december. Right now eth , eos and ripple are perfect coins to invest. Most probably you will get desired returns from these coins in the year end.
No I dint know follow this coin. Cryptocurrency investment is already full of risks and when you invest in such a coins which is not guaranteed you double your risks. I never invest in anonymous coins because there are lots of scams in this field and to avoid scams i tis better to invest in good and reliable coins. I always put my money in bitcoin and Ripple.
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Board Gambling discussion
Re: How many hours a day are you spending on online gambling?
by
Husecomang
on 20/10/2018, 12:01:43 UTC
Usually I only place lottery bets, in 24 hours I place 4 lottery bets in different markets and it doesn't take long for me, because I only open them when placing bets and betting results.

Hope you have not got addicted to this lottery bets because even you would be knowing how many people play those bets and how many are going to win it. Just always do one thing that in the month end just total bets placed and money spend on those lottery and if any return you got it or not will give you a clear picture.

I do not like online gambling because there is no entertainment and fun in online gambling. I gamble just for fun and enjoyment and when there is no fun I do not waste my time there. I always visit casino for spending my time and mostly I visit once in a week with my close friends and spend 2 to 3 hours there. I never concentrate on gambling because I don’t want to make money from gambling.
It is good to keep yourself busy in some other activates so that will not save time for gambling. If you are regular gambler you can reduce your gambling time by busying yourself somewhere else. It is good for both your time and money. The consequences of gambling are always worst and when you realize this thing you will never gambler again.
I daily spend one hour in online gambling because I have no more time. late at night when I finish all my work and become completely free I set in front of my computer and start gambling just for one hour, then I will have to sleep to get up early in the morning, and other reason is that I know that gambling for long time will never favor me and I will lose all my money.
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Topic
Board Gambling discussion
Re: Sometimes enough is enough
by
Husecomang
on 19/10/2018, 12:21:48 UTC
Online gambling has increased addiction very rapidly.  It's easier then ever to jump out of bed, go on yourlatop and place a few bets.  I have a few friends that are heavy gambling addicts and they all ended up in debt and had their lives ruined.  I'm not completely against gambling but lets not forget how dark it can be.

Teenagers are the one who are really getting targeted easily as they think they can easily make money from this and will have a good pocket money from this forgetting the future what can happen if they lose out all their money and how hard at times it is difficult to make money.


I don't think teenagers are the prime victims here. Everyone who dreams to make big money would get easily seduced by the big wins on casinos. Teenagers may lose their pocket money in gambling while addicted mature gamblers are spending their hard earned money in it.

I agree that teenagers are not the victims but they have a big curiosity about something new and sometimes they are trying to know more deeper about that. And this can make them try to playing gambling and they can attract to the deeper side of gambling and spend more money. Sometimes they can think that enough is enough and they still playing the games until they lost the money.
Yeah you are right teenagers are addicting of gambling and this is not good for overall the whole community. Gambling is the worst thing in the world and when youngsters get in this worst field they even do not focus on their future and most of these young gamblers become criminals because they cannot do anything else without gambling to get money.
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Board Trading Discussion
Re: Daily trade Vs long trade
by
Husecomang
on 18/10/2018, 07:56:17 UTC
Day trade or long-term trade both can be profitable, it depends on you whether you want to make quick profits or just want to invest for long-term & forget about it. Day trade can be risky though as price movement highly fluctuates that you have to be every time in front of your computer to take right decisions that should bring you profit otherwise you will lose your money. Day trade will consume more time than long-term trading, it's like a full-time job for day traders.
But a day trade will give you a big profit because if you are skilled in reading the market direction you can get profit
many times in 1 day? You know the big risks will be worthed because certainly give you more chance for bigger profit
if at this time it is certainly very difficult to get big profits if you apply daily trading. the market is not stable so it's difficult to read the direction of the market. maybe if we trade daily we can get a small profit because usually people sell it above the price they buy.
In my opinion daily trade is better than long trade because in daily trade you can make money on daily basis and if you have the ability of daily trade then there is no need for any other work. Daily trade will give you such a good profit that you can overcome your daily needs easily. On the other hand long term holding is better if you no need for money in short time.
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Board Economics
Re: The basis of being a poor- how little or how big?
by
Husecomang
on 17/10/2018, 11:58:41 UTC
Everyone can immediately judge their own state even if they are just on a young age. When I was a child, just comparing us with those people who have a better living that I see on TV, I can merely say that we are poor. Someone can also be determined as poor if they can't afford the basic needs that we all should have like a decent meal.
The base for poverty in my opinion is only natural and not anything else. If you work hard and try to change your financial conditions, nothing will stop you. You can do it with consistency. Many people in this world do not work hard for the betterment of their lives but only spend time. They have no future planes and no strategies for changing miserable life. These people remain poor for the rest of their lives.
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Topic
Board Economics
Re: Why do you think the market is down right now?
by
Husecomang
on 16/10/2018, 08:08:27 UTC

It seems that there is a lot of information on the news that some social media who do not accept crypto so that the sentiment also affects many who panic over the news, but the time will be stable once the information is clear
I think the market has experienced ups and downs that is something ordinary and has been going on for a long time, and the fact is that there are still many investors who believe and believe in investing in cryptocurrencies, all of which are cryptocurrency developments that affect if the market has decreased not panic and fear
The market is down these days because the demand is low for cryptos. It is right that there are some people who not want crypto to be successful and become the global currency in the future. They spread false news about cryptos and their aim is to keep away investors from cryptos. To somehow they are successful because most investors now do not want to put money in crypto.
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Topic
Board Trading Discussion
Re: What are the reasons why you must take risk in crypto market?
by
Husecomang
on 15/10/2018, 11:30:52 UTC
i   think  everything  that  we  want  to  make something we have to take  risks  in order to  make something  more than  the others or to live  that life you  are searching and dreaming and for this reason  i think we have to take risks especially in crypto.
Big profits want big risks, and that’s why we all here in this market. If you do not take risk you will not be able to make good profit. You know that in stock market the oil and gas company shares give you big profit because they also possess big risks. Anything could be happen in the next 24 hours. The same is here in crypto market. Nobody can say what will be the price tomorrow, but still invest his money.
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Topic
Board Gambling discussion
Re: Crime Effect of Gambling - Your thoughts!
by
Husecomang
on 11/10/2018, 12:26:17 UTC
I agree with most replies. Gambling doesn’t cause an increase in crime. It can be linked to crime in some areas but the other way around. Crime tries to get into the gambling industry to launder money.

Also think about nowadays. Do you think online gambling from home causes an increase in crimes? Not at all.

Yes,online games nothing related to crimes unless gambling is fully banned in your country.Even the gambling is not related to crimes in most places other than the casinos run but the criminals which also the place where drugs are available.But it maybe causes some crimes because of the people who needs money for gambling due to their addiction level when they get into some stage they do anything for the money which is needed for their gambling activities.
Mostly criminal are also gamblers and gamblers are also criminals. When a gambler loses money in gambling he will do some illegal to get some money to continue his gambling. I think that gambling is the mother of crimes. Gamblers gradually become professional criminals and even commit murder for their money. Snatching, looting is their normal routine.
You might be right in some cases but everything is still a vice versa situations and that does not make make gambling the mother of crime because the habit taking by each and everyone of us lie on each individuals decision making. However, if you search closely the gambler that does the act you mentioned they are already a crime from the get go which they seized gambling as means to cover up their shady acts.
I disagree if gambling is the mother of crimes, because that makes them have no control of emotions well because the losses in gambling are drugs. Therefore we often know / see in every gambling place sell all alcoholic beverages that will make you lose control of the effects of the alcohol. This is different from online gambling that we can play at home or on the sidelines of our routine, because online gambling will be more relaxed and not all online gamblers use / consume drugs while playing.
Online gambling is something different and I don’t count it in gambling. It is just time passing and wasting money. There is no fun, entertainment, enjoyment, thrill and ups and downs in online gambling. For me online gambling is not for boys, it is just for girls. A man will always visit a casino for gambling and that is real gambling. I agree that online gambling is not bad.
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Board Marketplace
Re: Have you ever bought a product with Bitcoin and what do you want to buy?
by
Husecomang
on 06/10/2018, 10:49:40 UTC
Today, many people use Bitcoin for investment purposes. There are a lot of people who have paid with Bitcoin before, what do you think about this?

I have never bought anything with Bitcoin and I’m not even interested in doing that. Whenever I want to buy any item I buy it using fiat and through an online store or maybe I go to the market direct to buy it. I can’t be taking risk of buying things with Bitcoin, I don’t really see that as a good idea. And after all, we all don’t live in the same country, so why will be interested in that, I have my own purpose of using bitcoin and it is not for this.
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Topic
Board Gambling discussion
Re: Gambling Addiction Stories!
by
Husecomang
on 06/10/2018, 09:53:42 UTC
I quit gambling long time ago when I was on the verge of becoming an addictive gambler. I used to gamble regularly with my friends and I found it entertaining until it started to affect my studies and social life. Then, I tried to reduced my gambling activities.

Then, I got rid of it completely as I got used to the new routine. It was hard from the beginning, but then you will get used to it because your time is filled up with other various activities

Same. I quit gambling a long time ago but ofcourse I experience to become addict in there. There was a time that I used to earn only by gambling. All of my funds are in a dice game. I don't know but I enjoy playing dice game because eventhough you lose a high amount of money you earn sometimes a lot too. It likes it doubles the profit there. So I end up loosing all of my funds there. Not a good idea.
Addiction is not good at all. It will destroy your life. You will not only lose your money but much more. Finally you will become mentally disturb. It is nice to hear that you quit gambling long time ago. Now you will fell normal. For me gambling addiction is just like drug addiction and is not easy to quit. You will have to struggle for it. Gambler has no respect in community.
It is good that with the passage of time you quit gambling forever. Now you will feel happy and relax, while a gambler is always in depression and thinks only of gambling. I gambled just once in my whole life and I lost nothing because I played just for a while and then quit. I am a sensible person and in know that regular gambling will destroy not only me but my family as well.
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Topic
Board Speculation
Re: Is $6000 to $7000 the stable price for bitcoin?
by
Husecomang
on 02/10/2018, 09:53:08 UTC
so shall we consider $6k as stable price for bitcoin?
Maybe in last year bitcoin will too the moon like the end of previous year Bitcoin price to nearly $20k. But total Suply of Bitcoin is under 20%, i don't know if that will make price grow up or no
I don’t agree with this because the trend this is change and people are not investing in bitcoin. They are now interested in Altcoin because there are some good coins which can give investors big profit in less time. Why one would take risk while investing in bitcoin and there is no guarantee for growth in the price. I think the price will remain the same till end as it is today.
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Topic
Board Marketplace
Re: issues on the internet
by
Husecomang
on 01/10/2018, 11:22:26 UTC
Internet media can provide a lot of influence and this problem can make traders panic and eventually make them sell at low prices and make the cryptocurrency price at the exchange place uncertain
It is internet that provides us the facility to buy, use and trade in cryptocurrency. If there was no internet there would be no cryptocurrency and no other online businesses and jobs. I don’t know that there is negative issue on the internet except hacking. Hacking is also due to internet. Somebody can take all your money in seconds and is also not traceable. This is a big problem for online wallets and transactions.
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Topic
Board Economics
Re: Why do you think the market is down right now?
by
Husecomang
on 01/10/2018, 07:41:35 UTC
is it all that is going on with regulations?

Big whales just waiting?

People do not believe in crypto anymore?

is it trouble in some countries in ASIA with laws and regulations?
The downside is normal in every market. I know people are panicking because the bitcoin has gone down so fast. Indeed, whales are controlling the market so that prices do not go down too much. I think the downside is that the dot-com bubble burst. The bitcoin going so fast will be the foundation for a strong downward move. that is the rule Grin
in each trading market , price moves up and down is normall.and we should adapted with this condition.dont againts the flow or we could die in market.in bearish market we could take best opportunity to buy coins in dip.
I did not find any news from the cause of the current decline in the price of bitcoin. well maybe people prepare for the possibilities that occur at the end of the month. well, hopefully the price will not fall far, and immediately go up again with a high price.
Bitcoin is volatile and we have to believe in bitcoin nature it can be increase panic sell won't give any profit.
When somebody controls something he will decide the future of that and the same is here in case of bitcoin. Bitcoin is controlled by whales and they decide what will happen next. This is not acceptable to others and they withdraw their money or converted their investment to Altcoin. These are the worst days for bitcoin and overall crypto market.
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Board Speculation
Re: BTC Holding Strong
by
Husecomang
on 29/09/2018, 08:03:38 UTC
Although Bitcoin is not in a good state at the moment, it is still the king of the current cryptocurrency, and it is also the world's most watched coin!
Of course bitcoin is the king of all other cryptocurrencies in the world. In the future bitcoin will take over the market and all other currencies will disappear from the market fiat and paper. Although the price of bitcoin is low these days but still the market value of bitcoin is more than any other currency of the world. Gradually people will understand the importance of bitcoin.
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Board Trading Discussion
Re: 2% trading strategy, can this be applied for crypto trading?
by
Husecomang
on 27/09/2018, 11:20:14 UTC

the 2% rule means you don't risk more than 2% of your account on any one trade. if you have $100k, you don't risk more than $2k at a time. it's definitely applicable to crypto. it's a basic risk management strategy that hedges against variance.

even if your trading system is profitable, you could have a run of bad trades. if you trade 20% of your account at a time, you could blow up your account and lose your shirt after only a handful of trades. the 2% rule allows you to survive an unlucky run, and live to trade another day.


How can it work when earning only 2%? how about fees? or in 2% you already clear up all fees involve in trading and it's 2% gross earning/loss per trading

the opposite approach is the "all in on every trade" method that's so popular with crypto traders. Smiley

I'm sometimes guilty on this with some altcoins. I just set limit, all in and boom. goodbye. next altcoins to trade please.
Grin I can imagine a lot of people may have been in this scenario before getting to learn it is not always the right thing to do. I must say the rate at which people tend to want to look for quick means of earning always make them to always want to go all in on some potential trade.

2% is a normal rule and you can go above that depending on the level of risk you want to take yourself, but usually I tell people that even if you want to take so much risk, do not go more than 5% of your total capital on a single trade as that is high on its own.

Earning is a total different game and you are always going to have to set your own profit level based on certain things you are looking at in the market and that also depends on your pattern of trading as for instance, most day traders, making 2% on a specific trade can be good enough for them.