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Showing 20 of 192 results by Gramna
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Topic
Board Economics
Re: LIFE GOES ON.
by
Gramna
on 13/09/2018, 19:32:52 UTC
I totally agree, regardless of the current situation of the market, we just need to stay calm and patient. Stay positive, our community is just on our early stages, we have a lot to learn but we also have a very bright future ahead of us all.
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Topic
Board Economics
Re: Is small business ready to sell for cryptocurrency?
by
Gramna
on 13/09/2018, 19:14:59 UTC
In my own opinion, I think that small businesses are still not yet ready to accept crypto currencies since it is still not yet accepted worldwide so most likely big companies will be the ones to accept them but I do not think ownser of small businesses would take that big risk for now since they are again, just small players in the industry. Maybe once cryptos gain the global acceptance maybe then even small businesses would join them.
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Topic
Board Economics
Re: Why lot of countries do not allow to use Crpto?
by
Gramna
on 13/09/2018, 18:57:26 UTC
I think that the real reason for this is because the government of any nation would not use something for their financial system that they cannot control or regulate. Plus the fact that they cannot get taxes from crypto currencies so there is not good use for them, in their perspective.
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Topic
Board Economics
Re: When will Apple accept bitcoins?
by
Gramna
on 11/09/2018, 15:29:19 UTC
I do not think that the company Apple would ever accept Bitcoin, it is actually the total opposite of what their company's character. They are very proprietary, they are very introvert as a company. They would rather create their own coin rather than accept and join Bitcoin. I also think that the features of Bitcoin will not fit the business methodology of Apple.
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Topic
Board Economics
Re: Crypto replacing fiat?
by
Gramna
on 11/09/2018, 15:08:16 UTC
To be perfectly honest, I really think this crypto entirely replacing fiat era will never happen. I know how crypto currency is helping the world's economy and all, I also believe on its future and all the good things that it brings but then I do not think any government will allow it to take over their fiat. I think they will allow co existence but never an entire replacement.
Post
Topic
Board Economics
Re: why the state does not print a lot of money?
by
Gramna
on 08/09/2018, 16:08:59 UTC
I believe that the reason behind these action of not printing too much money is the concept of supply and demand. We cannot just print out money since it will affect the value of the money. the more supply would decrease its value. It would also have an effect on inflation and the economy of the nation so printing more money is not a solution.
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Topic
Board Bitcoin Discussion
Re: Crypto is dangerous....
by
Gramna
on 07/09/2018, 21:32:41 UTC
I believe that anything can be dangerous, it depends on how and how will use it. And I think it is totally unfair to blame crypto because of the consequences of your actions. Remember this is just a tool, we the people are still the ones responsible on the consequences of our actions.
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Topic
Board Bitcoin Discussion
Re: Anticipation from the future ?
by
Gramna
on 07/09/2018, 21:10:55 UTC
Personally I think that Bitcoin would evolve and develop best on the second category countries because it is regulated, it can gain the trust and confidence of people, thus having a higher demand for Bitcoins. Higher demands, higher value.
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Topic
Board Bitcoin Discussion
Re: Is the world ready for cryptocurrency?
by
Gramna
on 07/09/2018, 20:33:39 UTC
I honestly think that we are never going to be ready for anything, especially technological innovation nowadays are really taking a swift in launching and being out in the world to be use by everyone. I think that is was we are good at, we are very smart and intelligent that we do adapt to the technology right away, but of course not everyone is on the same pace when it comes to on being adaptive to technology, but I am speaking about the majority of people, most especially the millenials.
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Topic
Board Speculation
Re: What strategy we should take when Bitcoin price fall
by
Gramna
on 07/09/2018, 20:06:03 UTC
For me it is just two things, do you believe in Bitcoin or not. If you do I suggest to hold on to you coins and stay calm anmd patient. But if you don't trust and believe in Bitcoins, then you can sell your coins by all means, just don't feel bad since you might lose some money or regret it once the price goes up again.

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Topic
Board Bitcoin Discussion
Re: Bitcoin mining is costly...
by
Gramna
on 07/09/2018, 19:44:38 UTC
To be honest, I do not think that Bitcoin mining is still a good business venture nowadays. Yes, I understand that the cost are really high, maintaining the equipment and the over all process. It also takes longer time before you can mine a coin, it is not going to be profitable in the long run.
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Topic
Board Bitcoin Discussion
Re: why do governments don't make BTC illegal worldwide ?
by
Gramna
on 07/09/2018, 18:57:36 UTC
My take on this is that, yes, governments and banks were obviously not friendly to Bitcoin because its very existence may hinder their hidden agendas. But Bitcoin helps people and all eyes are on it so why not just regulate it instead of ban it. Regulate it would be the win-win solution for everyone, they can get taxes and fees from it, Bitcoin can operate freely plus the confidence and trust of the people will be gained.
Post
Topic
Board Economics
Re: Beside Cryptocurrenices where would you invest?
by
Gramna
on 04/09/2018, 09:48:33 UTC
Well, in my opinion, beside crypto currency investment, I can only see myself investing into stock market, real estate properties and jewelries like gold and silver. Those are the only things I think I can invest into since I know it, something that all investors should have before getting yourself into any investment venture. Know it, take time and give some effort to understand it, it will be worth it.
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Topic
Board Economics
Re: How did Crypto help you out?
by
Gramna
on 04/09/2018, 09:19:28 UTC
Well Crypto, specifically Bitcoin helped me out by being a great source of income. It helped me and my family with all our needs, we were able to pay all our debts and slowly saved us from our paycheck to paycheck lifestyle. I didn't have that much money as well when I started, but what I did was I participated on some bounty campaigns and earn some token which I convert into Bitcoin for me to have more coins. Then eventually I tried and learned more about trading and investing, which is what I am doing until now and so far, so good. This is my primary source of income since last year.
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Topic
Board Economics
Re: My Advice on Investing in Crypto
by
Gramna
on 31/08/2018, 16:12:08 UTC
This is a great post, well explained and easy to understand information about investing in Crypto currency, thank you. I appreciate the fact that it clearly states that contrary to the public belief, Crypto currency is not a quick money scheme. It takes time and it will require effort and patience from you, meaning you will put some effort, time and hard work on it, just like any other job there is. I also appreciated the advises since those are really necessary and helpful for those newbies to be able to be successful in this industry. At the end of the day, we are the ones who will help each other and build our successful and happy community.
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Topic
Board Economics
Re: Cryptocurrency is a trending topic all over the world?
by
Gramna
on 31/08/2018, 15:34:33 UTC
I totally agree with this, there are a lot of news about this crypto currency craze all over the world. Trending topic indeed, though social media and the internet world is going crazy for this innovation. Well there are both good and bad news about it but if you are one like me who had nothing but gratefulness to Bitcoin for all the good things it brought my life, you wouldn't really care for those bad ones.
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Topic
Board Economics
Re: Which Asian countries have the greatest influence on bitcoin?
by
Gramna
on 30/08/2018, 09:41:56 UTC
I think the Asian country that has the greatest influence on Bitcoin is China because of the fact that there is an enormous number of traders and investors from China, that is besides the fact that they have banned Bitcoin for some time. The banning and strict regulations didn't hinder the fact that a lot of their people are so much into crypto currency. Now they even have their own coin, NEO, which is very a promising coin I may say. 
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Topic
Board Economics
Re: Diversify Investments
by
Gramna
on 30/08/2018, 09:11:28 UTC
My dad always tells me to diversify my investments, at first I thought of is as I diversify my coins but no, it is not just my coins, diversify my investments means to diversify it or spread it on different platforms, like stock market, real estate, crypto currency, even on investment on precious metals etc. The reason behind it is to manage your risks and of course to learn and master different fields of expertise.
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Topic
Board Economics
Re: Weak Hands lose money, strong hands makes profits in this game!
by
Gramna
on 30/08/2018, 08:04:51 UTC
An old strategy I say but still very much working and dependable in the crypto currency world. In any investment you have to have a strong belief on what you are investing at so you will not be easily swayed by fear, uncertainties and doubts. You will only be successful when you can do necessary actions that you have well thought about and not just based in your emotions or pride.
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Topic
Board Economics
Re: Wise thing to do with your savings.
by
Gramna
on 30/08/2018, 07:47:01 UTC
Well for me the wisest thing you can do in your savings would be to invest it. Let me just be clear that this savings is not the same as your emergency funds, so you will not have any problems when there are sudden things to pay for emegency cases. Your savings, instead of putting in in the bank where it is not earning anything since bank interests for savings account is very low per annum, then the interest that your money will gain in a year will be just eaten up by inflation by the time you will get your money. So for me your best option is to invest it, just be very careful and wise about it. There are a lot of investment platform nowadays, stock market, crypto currency, real estate or even just a small business if you want, that way you know that your savings are increasing.