Bitcoin Forum

Hello members, my name is Jasmin Eminovic i live and work in Sweden i need a way to earn collateral since i dont have any right now. I need to borrow some money. I am asking experienced souls what way there is to earn collateral if u dont have any.

Buy yourself a Swedish to English dictionary.  Set fire to it and roast entrails and hog's hooves over the flames.  Then, discern in the glowing embers where it tells you to find collateral.

Thank you sir but i dont need a dictionary i need a loan.

Maybe you don't need a dictionary, but you certainly wouldn't need the loan if you earned enough funds (120% of the loan amount) for collateral.  The premise of your question is...  questionable.  People who seek collateralized loans do so because they are bullish on some token they are holding, and therefore do not want to sell it.  Since you have nothing, that doesn't apply to you. 

so if you can't put something besides the loan as collateral your fucked right ?   you have NO chance in hell to get a loan?   certainly not as a newbie ?

i have collateral but it doesn't get accepted here wich is strange  by my standards

I see that a lot of memebers are symbols for casinos and sportbetting here i made about 500 000 $ on sportgambling and playing blackjack. I NEED for new capital to start over againg and planing to earn about 50000 $ untill the end of the year is anyone interested to join me on my quest?

Never obtain a loan for the purposes of gambling. You'll just fall into a black hole and I don't think I need to explain what's going to happen after that.

You also should not look for collateral if you just need money, as loans are only efficient when used for investment purposes. Otherwise you'll also be paying interest on your loan. Better to just earn the money directly - neither loans nor gambling are income. They are liabilities.

The answer may surprise you: work! Minimum wage in Sweden is $12.62 per hour.

So you'll either need to work 4000 hours, or find a job that pays more than minimum wage. Either way, it sounds like you've lost it all gambling and want to win it back chase your losses. My advice: do the math on gambling: if you could win, you wouldn't have lost in the first place. Give it up, the math in a casino is always against you.

Why don't you give OP a loan?

Sir i have a job and a salary in end of each m.

Look, you a have right, nobody knows whats happen in his life but when whos register moment ago and 1st post is about loan is a little strange and non-trust for other, older member.

Great to hear that you have a job. You should go to your bank and take a credit card from them and use the fund as you need and at the end of the month repay the outstanding credit card balance. I think it will help you, thank you. Also, it will be the easiest way for you to arrange a fund.

I have 4 dolars an 40 cents as collateral :D can i borrow something ?

Yes, think so you can borrow 4$ 40 cent  :) (So better than nothing).

Actually, they could only borrow $3.30 - the other $1.10 would comprise the 25% buffer to make 125% of the intended borrowed amount as collateral offered.