Page 12 - MASALA LITE ISSUE 88 | JANUARY 2018

12 POINT COUNTERPOINT

THE HEENA KEWALRAMANI
Graduate from Long Island University
GREAT DEBATE “It’s important to only invest in what you’re willing to lose because

the market is volatile. I’ve invested in Bitcoin because I believe the
returns will have the most signifi cance long-term, compared to other
coins. However, I am also currently keeping tabs on an upcoming
currency called Petro in South America. The coin is going to be
backed by Venezuelan oil reserves, and is a diff erent take on current
cryptocurrency, because it relies on real resources.”

NIRAN SINGH HORA
Sales and Marketing Offi cer at Lucky Group.co.th

“I think there is money to be made with cryptocurrency, both in the
short-term and long-term. I’ve invested in a number of diff erent
currencies, including Ethereum, Augur and Ripple, to get a feel of
how the market fl uctuates. I’ve most recently invested in Bitcoin, and
because I made back my principal investment so quickly, I’ve begun
using my profi ts to explore smaller upcoming currencies. I believe
these other coins have potential to reach high value in the future, but
whether they are comparable to Bitcoin remains to be seen.”

THARIN SETHI
Financial Trader and Owner of the Bangkok Circus Hostel
THIS MONTH’S QUESTION:
Is cryptocurrency worth “Predicting the future of crypto with any certainty is impossible, so
anyone investing needs to understand the fundamentals. The Bitcoin
the investment? protocol is designed so that year after year, the number of new coins
created is halved until it reaches a 21 million cap. This is its biggest
selling point, because with only 16.5 million currently in existence,
What do you think? Email us your views at: prices are expected to escalate. It isn’t known whether this is a bubble
gurleen@masalathai.com or not, but regardless, the technology behind crypto is cutting-edge
and will have an extensive application in the future.”

MAS AL A LITE ISSUE 88 J ANU AR Y 2 018