OrientA
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November 23, 2015, 02:33:40 PM |
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To make a bitcoin, you need a bitcoin. So start with a little bit speculation. Don't fall into the trap of panic selling. Always stay calm and have patience.
My last tip would be greed. Don't be a victim to greed either. Cash in while you still can.
What you said is correct in theory, but is difficult to implement in practice. You can convert the fiat into bitcoin first. It would be better to be paid directly with bitcoin so you do not need to convert. That would save some exchange fees. If we are not greedy, we do not have impetus to earn money. It depends on how greedy we should be.
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Patatas
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Merit: 1115
Providing AI/ChatGpt Services - PM!
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November 23, 2015, 02:39:37 PM |
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Loaning ! If loans carried out accurately with good collaterals and rate of interests.You can have guaranteed returns on your investments .This could be a really risk free investments as well.
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Laosai
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November 23, 2015, 04:46:08 PM |
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Loaning ! If loans carried out accurately with good collaterals and rate of interests.You can have guaranteed returns on your investments .This could be a really risk free investments as well.
As a lender on this forum, I can vouch for this. Definitely a risk-free way as an investment , as long as valid and proper collateral was provided. I experienced a loss on lending though, when someone defaulted a loan from me but its my fault cuz I gave a loan without an collateral asked. Now, I already learned and a collateral will be a must (to non- reputable members)
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XinXan
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November 23, 2015, 06:09:06 PM |
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Loaning ! If loans carried out accurately with good collaterals and rate of interests.You can have guaranteed returns on your investments .This could be a really risk free investments as well.
As a lender on this forum, I can vouch for this. Definitely a risk-free way as an investment , as long as valid and proper collateral was provided. I experienced a loss on lending though, when someone defaulted a loan from me but its my fault cuz I gave a loan without an collateral asked. Now, I already learned and a collateral will be a must (to non- reputable members) The problem is that most loans here are small and you get really low % interest back and when they default you have to sell the btc account that most likely they used as collateral. No one really gives altcoins as collateral, almost no one.
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Pollak
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Activity: 182
Merit: 100
Pollak
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November 23, 2015, 07:50:18 PM |
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Loaning ! If loans carried out accurately with good collaterals and rate of interests.You can have guaranteed returns on your investments .This could be a really risk free investments as well.
The loans here are really confusing me. Why would you loan 5 USD? It makes no sense.. For me the best investments are altcoins like; ethereum, stellar and bitshares.
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Newcoins2020
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November 23, 2015, 09:21:34 PM |
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Micro loans are not profitable. People tend to forget it cost a lot of time for a 10% profit.
Yes 10% on a micro loan, means a micro profit.
In the mean time you have to monitor the loan/payments do calculations etc.
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jackg (OP)
Copper Member
Legendary
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Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
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November 23, 2015, 09:41:11 PM |
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Micro loans are not profitable. People tend to forget it cost a lot of time for a 10% profit.
Yes 10% on a micro loan, means a micro profit.
In the mean time you have to monitor the loan/payments do calculations etc.
I only have 0.02 btc that I can part with at this time!
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Amph
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Activity: 3206
Merit: 1069
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November 24, 2015, 07:32:47 AM |
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Micro loans are not profitable. People tend to forget it cost a lot of time for a 10% profit.
Yes 10% on a micro loan, means a micro profit.
In the mean time you have to monitor the loan/payments do calculations etc.
then you do a big loan, on top of small loan, 10% is actually big if you lend 1 btc for example, do it with a decent collateral like an account which is the faster type of collateral
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Laosai
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November 24, 2015, 07:56:51 AM |
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Loaning ! If loans carried out accurately with good collaterals and rate of interests.You can have guaranteed returns on your investments .This could be a really risk free investments as well.
The loans here are really confusing me. Why would you loan 5 USD? It makes no sense.. For me the best investments are altcoins like; ethereum, stellar and bitshares. But it does make sense for those who were short of funds atm and need to buy something online urgently. On that note, a loan was needed. I also see some reasons that they need to bet on a certain team (sports betting) but currently out of funds, then they will ask for loan on this forum. Just to add, loans here were small, short term and anonymous.
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azeminjo09
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November 24, 2015, 09:37:03 AM |
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idk, it seems like best option to invest is cloud mining... I'm also looking to invest there, even investing can be a risky... so I'll give it a shoot
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XinXan
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November 24, 2015, 10:51:16 AM |
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Micro loans are not profitable. People tend to forget it cost a lot of time for a 10% profit.
Yes 10% on a micro loan, means a micro profit.
In the mean time you have to monitor the loan/payments do calculations etc.
then you do a big loan, on top of small loan, 10% is actually big if you lend 1 btc for example, do it with a decent collateral like an account which is the faster type of collateral Yea but to find an account worth 1BTC or more for collateral it's almost mission impossible besides almost no one legit asks for 1BTC loan, 50% of the lending section is full of scammers and the other 49% are gamblers or trust farmers, sad but true.
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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November 24, 2015, 02:52:53 PM |
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Micro loans are not profitable. People tend to forget it cost a lot of time for a 10% profit.
Yes 10% on a micro loan, means a micro profit.
In the mean time you have to monitor the loan/payments do calculations etc.
then you do a big loan, on top of small loan, 10% is actually big if you lend 1 btc for example, do it with a decent collateral like an account which is the faster type of collateral Yea but to find an account worth 1BTC or more for collateral it's almost mission impossible besides almost no one legit asks for 1BTC loan, 50% of the lending section is full of scammers and the other 49% are gamblers or trust farmers, sad but true. if you sell and deal with hero account, it's easy, since they are all worth at least 0.4 without trust and not a good amount of good post two of them and you're done you have 1(well 0.8 but you're there) as a collateral
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Mickeyb
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November 24, 2015, 04:51:36 PM |
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Micro loans are not profitable. People tend to forget it cost a lot of time for a 10% profit.
Yes 10% on a micro loan, means a micro profit.
In the mean time you have to monitor the loan/payments do calculations etc.
then you do a big loan, on top of small loan, 10% is actually big if you lend 1 btc for example, do it with a decent collateral like an account which is the faster type of collateral Yea but to find an account worth 1BTC or more for collateral it's almost mission impossible besides almost no one legit asks for 1BTC loan, 50% of the lending section is full of scammers and the other 49% are gamblers or trust farmers, sad but true. Yes, I absolutely agree with you. Lending section here on the forum is an absolute mess. I would think twice before trusting anyone out there! I just stay away from it, I don't remember when was the last time that I have entered the lending section.
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GannickusX
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November 24, 2015, 08:19:50 PM |
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Micro loans are not profitable. People tend to forget it cost a lot of time for a 10% profit.
Yes 10% on a micro loan, means a micro profit.
In the mean time you have to monitor the loan/payments do calculations etc.
then you do a big loan, on top of small loan, 10% is actually big if you lend 1 btc for example, do it with a decent collateral like an account which is the faster type of collateral Yea but to find an account worth 1BTC or more for collateral it's almost mission impossible besides almost no one legit asks for 1BTC loan, 50% of the lending section is full of scammers and the other 49% are gamblers or trust farmers, sad but true. if you sell and deal with hero account, it's easy, since they are all worth at least 0.4 without trust and not a good amount of good post two of them and you're done you have 1(well 0.8 but you're there) as a collateral Almost no one is going to give 2 hero accounts for collateral to get 1 Bitcoin loan, if someone has 2 or more hero accounts they are most likely trying to sell them by taking a loan.
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junglist.massive
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November 24, 2015, 08:34:19 PM |
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put some coins in casinos which are made to make profits. You cant lose withe math. Also as was said before p2p lending its quite safe way to invest. Best one for sure will be put your coins into paper wallet and forget about it for years
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HarryKPeters
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November 24, 2015, 09:20:23 PM |
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Micro loans are not profitable. People tend to forget it cost a lot of time for a 10% profit.
Yes 10% on a micro loan, means a micro profit.
In the mean time you have to monitor the loan/payments do calculations etc.
then you do a big loan, on top of small loan, 10% is actually big if you lend 1 btc for example, do it with a decent collateral like an account which is the faster type of collateral Yea but to find an account worth 1BTC or more for collateral it's almost mission impossible besides almost no one legit asks for 1BTC loan, 50% of the lending section is full of scammers and the other 49% are gamblers or trust farmers, sad but true. Yeah the collateral is hard to estimate most of the times. But i heard some good deal can be made, else nobody would do it. I think some assets (like altcons) are some good collateral.
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jackg (OP)
Copper Member
Legendary
Offline
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
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November 24, 2015, 10:18:20 PM |
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Micro loans are not profitable. People tend to forget it cost a lot of time for a 10% profit.
Yes 10% on a micro loan, means a micro profit.
In the mean time you have to monitor the loan/payments do calculations etc.
then you do a big loan, on top of small loan, 10% is actually big if you lend 1 btc for example, do it with a decent collateral like an account which is the faster type of collateral Yea but to find an account worth 1BTC or more for collateral it's almost mission impossible besides almost no one legit asks for 1BTC loan, 50% of the lending section is full of scammers and the other 49% are gamblers or trust farmers, sad but true. Yeah the collateral is hard to estimate most of the times. But i heard some good deal can be made, else nobody would do it. I think some assets (like altcons) are some good collateral. If you use accounts for collateral. Remember to under estimate their price if using an escrow. Then, you will know if the person is legit or an account seller. E.G hero member accounts are sold for 0.8 btc so suggest their value, as collateral, be between 0.4 btc - 0.6 btc, to filter out the scammers and account sellers.
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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November 25, 2015, 07:32:31 AM |
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Micro loans are not profitable. People tend to forget it cost a lot of time for a 10% profit.
Yes 10% on a micro loan, means a micro profit.
In the mean time you have to monitor the loan/payments do calculations etc.
then you do a big loan, on top of small loan, 10% is actually big if you lend 1 btc for example, do it with a decent collateral like an account which is the faster type of collateral Yea but to find an account worth 1BTC or more for collateral it's almost mission impossible besides almost no one legit asks for 1BTC loan, 50% of the lending section is full of scammers and the other 49% are gamblers or trust farmers, sad but true. if you sell and deal with hero account, it's easy, since they are all worth at least 0.4 without trust and not a good amount of good post two of them and you're done you have 1(well 0.8 but you're there) as a collateral Almost no one is going to give 2 hero accounts for collateral to get 1 Bitcoin loan, if someone has 2 or more hero accounts they are most likely trying to sell them by taking a loan. you can do it with different members, there are some that are selling hero all the time, there is no need to find a single user for this
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XinXan
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November 25, 2015, 10:46:32 AM |
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Micro loans are not profitable. People tend to forget it cost a lot of time for a 10% profit.
Yes 10% on a micro loan, means a micro profit.
In the mean time you have to monitor the loan/payments do calculations etc.
then you do a big loan, on top of small loan, 10% is actually big if you lend 1 btc for example, do it with a decent collateral like an account which is the faster type of collateral Yea but to find an account worth 1BTC or more for collateral it's almost mission impossible besides almost no one legit asks for 1BTC loan, 50% of the lending section is full of scammers and the other 49% are gamblers or trust farmers, sad but true. Yeah the collateral is hard to estimate most of the times. But i heard some good deal can be made, else nobody would do it. I think some assets (like altcons) are some good collateral. Yes people do profit from loans but most of them give loans without collateral to some people otherwise it would be harder to profit because less people would take loans from that person. Even if you get a good account as a collateral you still have to sell it and that can be a pain in the ass sometimes.
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