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Author Topic: Loans too risky?  (Read 62817 times)
michellee
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April 25, 2017, 11:58:09 AM

I don't think that loans is too risky, but i think this would be depends in loaner and the one that would filled the loan. First they should estimate or check the loaner if its safe to filled their loan, then in that way your money is always safe and for as safe also they should not load without valid collateral

i think loans is too risky especially if we don't have any income for weekly or monthly because how we can payback that loans if we don't have money? if our loan is to make new business, then we should thinking about how we are gonna pay the loans, beside that we should thinking how long we want to borrow.

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April 25, 2017, 12:20:44 PM

I don't think that loans is too risky, but i think this would be depends in loaner and the one that would filled the loan. First they should estimate or check the loaner if its safe to filled their loan, then in that way your money is always safe and for as safe also they should not load without valid collateral

i think loans is too risky especially if we don't have any income for weekly or monthly because how we can payback that loans if we don't have money? if our loan is to make new business, then we should thinking about how we are gonna pay the loans, beside that we should thinking how long we want to borrow.

In loans you can invest money that is not a pity to lose. But for me it's very risky, it's better to buy other coins.
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April 25, 2017, 02:01:35 PM

I don't think that loans is too risky, but i think this would be depends in loaner and the one that would filled the loan. First they should estimate or check the loaner if its safe to filled their loan, then in that way your money is always safe and for as safe also they should not load without valid collateral

i think loans is too risky especially if we don't have any income for weekly or monthly because how we can payback that loans if we don't have money? if our loan is to make new business, then we should thinking about how we are gonna pay the loans, beside that we should thinking how long we want to borrow.

In loans you can invest money that is not a pity to lose. But for me it's very risky, it's better to buy other coins.
If you know how to manage the risk, you can minimize the risk..
No one will ever start a lending business here and last longer if it is not profitable, it depends on how we manage.

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DrGuns4Hands
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April 25, 2017, 02:27:26 PM

all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk.  much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.

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April 25, 2017, 02:35:16 PM

all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk. 
Safety is always better than trust in the dictionary of lending. One must take all the required safety steps before giving out loans rather than throwing loans just by building trust.

much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.
Altcoins can be fascinating but what I guess if OP has patience to retain bitcoins back from 2010 then its all better to leave them in bitcoin for few more years and he will surely earn better.
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April 25, 2017, 02:39:35 PM

Wow you got BTC 800 ? The question is why you even bother to give out loans. Is it for few interests that you will get in return? If you have that much money then I don't think you even need to do that. Why not to put your bitcoins into some real world business to get passive income. Loan business is very risky as everybody here suggesting and it is even risky over the internet where people once lost will never found. :-)

It is better your money into mining if you still want more bitcoins. For mining we have forum section names as trading discussion. You can visit that one to know more about mining stuff which is explained in detail.

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April 25, 2017, 02:45:33 PM

all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk.  much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.

Why all kind of transactions would be so risky. If you wish to manage a risky transaction means have one trusted escrow in all your trades. If you looking for the best loaning site. I will suggest you try the lending service in the BTCjam site. Here all the loan application will be filtered with the proper documents which do more than bank check. Therefore, you can trust this service.

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RedX
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April 26, 2017, 12:33:58 AM

I know that people give out loans but what's up with people no returning what they borrowed?? I want to know this because I might give out loans myself and I want to know what to watch out for... I have ~800 BTC at the moment and would it be a bad idea to start loaning? I bought my BTC back in 2010 mid August January(when it was about $0.07 per BTC) and I noticed the price went up a ton! Also what would be some other way to grow my BTC? Any ideas on what I should do?

Something I should have added my friend was doing something you guys call "mining" I am very knew to the bitcoin world even though I have had them for a long time. I bought these bitcoin from him because he needed to sell them, my financial advisor has told me that the longer I wait the more return I would get so I told him hold the account for 5 years and ill see where I am... So last July I had gotten my account back, did a bunch of research then found you guys. So I came here to post a few posts and for everyone skeptical this is the proof https://gyazo.com/ee99cef712e9b72f03a3e8e870c33624


All kinds of transactions are all risky when you don't possess enough knowledge like loaning. But sir, I still feel shocked and amazed that you own BTC800. This is the first time that I've seen an account that holds a huge amount of bitcoin. If I were you, I won't pursue loaning and I will just continue to hold that precious amount of bitcoins.

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April 26, 2017, 01:31:08 AM

all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk.  much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.

Why all kind of transactions would be so risky. If you wish to manage a risky transaction means have one trusted escrow in all your trades. If you looking for the best loaning site. I will suggest you try the lending service in the BTCjam site. Here all the loan application will be filtered with the proper documents which do more than bank check. Therefore, you can trust this service.


BTCjam got most scammer on this site, don't even lend your money through this site. All those documents can be faked, and you will lose money for sure in the longer run. You can be successful in this lending business only if you hold collaterals by yourself or any trusted escrow otherwise just keep your coins with you. Over the time you can make some decent profit from BTC price appreciation.

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April 26, 2017, 01:50:31 AM

all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk.  much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.

Why all kind of transactions would be so risky. If you wish to manage a risky transaction means have one trusted escrow in all your trades. If you looking for the best loaning site. I will suggest you try the lending service in the BTCjam site. Here all the loan application will be filtered with the proper documents which do more than bank check. Therefore, you can trust this service.


BTCjam got most scammer on this site, don't even lend your money through this site. All those documents can be faked, and you will lose money for sure in the longer run. You can be successful in this lending business only if you hold collaterals by yourself or any trusted escrow otherwise just keep your coins with you. Over the time you can make some decent profit from BTC price appreciation.
You can try to find users through our forum rather than getting trapped by other such service providing websites. Importantly through our forum lending services you can find the interested person and transact based on the trust rate with the help of an escrow. This will benefit both of you.



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Maslate
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April 26, 2017, 01:58:57 AM

all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk.  much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.

Why all kind of transactions would be so risky. If you wish to manage a risky transaction means have one trusted escrow in all your trades. If you looking for the best loaning site. I will suggest you try the lending service in the BTCjam site. Here all the loan application will be filtered with the proper documents which do more than bank check. Therefore, you can trust this service.


BTCjam got most scammer on this site, don't even lend your money through this site. All those documents can be faked, and you will lose money for sure in the longer run. You can be successful in this lending business only if you hold collaterals by yourself or any trusted escrow otherwise just keep your coins with you. Over the time you can make some decent profit from BTC price appreciation.
Honestly it's hard to evaluate how valuable that collateral you are holding, I would also not gonna lend online
because I don't know how to do if safely and successfully. I've seen some who are making their journey successful but I don't think it will happen to me.

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Sled
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April 26, 2017, 02:02:18 AM

all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk.  much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.

Why all kind of transactions would be so risky. If you wish to manage a risky transaction means have one trusted escrow in all your trades. If you looking for the best loaning site. I will suggest you try the lending service in the BTCjam site. Here all the loan application will be filtered with the proper documents which do more than bank check. Therefore, you can trust this service.


BTCjam got most scammer on this site, don't even lend your money through this site. All those documents can be faked, and you will lose money for sure in the longer run. You can be successful in this lending business only if you hold collaterals by yourself or any trusted escrow otherwise just keep your coins with you. Over the time you can make some decent profit from BTC price appreciation.
Honestly it's hard to evaluate how valuable that collateral you are holding, I would also not gonna lend online
because I don't know how to do if safely and successfully. I've seen some who are making their journey successful but I don't think it will happen to me.
It is very hard for an average person to be successful in this business because you can't assure that all of the lenders will be good to you and they pay you back once you give your money. If you want to be successful in this business you need to build reputation and awareness for the possible things to do when doing that business because scammers are getting smarter every time.

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April 26, 2017, 02:03:13 AM

Honestly it's hard to evaluate how valuable that collateral you are holding, I would also not gonna lend online
because I don't know how to do if safely and successfully. I've seen some who are making their journey successful but I don't think it will happen to me.
Everything has value, especially when you see it fit and probably, that's what matters. If they can put you up for it and see if its worth to give you a loan. It's not just an easy task to hold because after accepting the loan, what are you going to do with the money, how would it help you earn more?



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Rainbot
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April 26, 2017, 03:40:38 AM

Loans are very risky if you are asking me, you really need to trust the person to be sure that you can loan them bitcoins, if you didn't pay it when the days come that you really told that you are going to pay it may destroy your image if that people you barrowed money is impatience he will talk about your back and then will not give you second chance
tukywez
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April 26, 2017, 08:06:01 AM

there is no doubt about this that loans are too risky, because no one know know that what is going to happen to the price of bitcon either its price will increase or decrease,  And by granting a large loan must take a pledge that exceeds the cost of the loan. And still need to do everything right from a legal point of view, to conclude an agreement
NEWGOODOUBLE
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April 26, 2017, 08:52:12 AM

Loans are very risky if you are asking me, you really need to trust the person to be sure that you can loan them bitcoins, if you didn't pay it when the days come that you really told that you are going to pay it may destroy your image if that people you barrowed money is impatience he will talk about your back and then will not give you second chance
Therefore if someone borrows money to you, you must give a condition that is a collateral that has a higher price so when they do not pay you still get a profit from that collateral
Xester
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★YoBit.Net★ 350+ Coins Exchange & Dice


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April 26, 2017, 09:06:23 AM

all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk.  much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.

Why all kind of transactions would be so risky. If you wish to manage a risky transaction means have one trusted escrow in all your trades. If you looking for the best loaning site. I will suggest you try the lending service in the BTCjam site. Here all the loan application will be filtered with the proper documents which do more than bank check. Therefore, you can trust this service.


BTCjam got most scammer on this site, don't even lend your money through this site. All those documents can be faked, and you will lose money for sure in the longer run. You can be successful in this lending business only if you hold collaterals by yourself or any trusted escrow otherwise just keep your coins with you. Over the time you can make some decent profit from BTC price appreciation.

There are already many victims of scammers in BTCjam and some even placing with valid documents they still do not pay and you will have a hard time getting back your bitcoin since they are very far from your place. If you ask my opinion, do not invest in BTCjam instead do some trading of just wait for the price of bitcoin to increase so you can enjoy profit from your bitcoin.

chineseprancing
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April 26, 2017, 09:19:41 AM

Loans are very risky if you are asking me, you really need to trust the person to be sure that you can loan them bitcoins, if you didn't pay it when the days come that you really told that you are going to pay it may destroy your image if that people you barrowed money is impatience he will talk about your back and then will not give you second chance
Therefore if someone borrows money to you, you must give a condition that is a collateral that has a higher price so when they do not pay you still get a profit from that collateral
Collateral is a must, and most of the time the offered collateral is the forum account here in bitcointalk. That is why most of the users who can get loan is the higher rank and no newbie can get a loan.
That is why loan is very risky method to earn bitcoin, much better to give loan personally which you know the person who applying and you can chase them if they do not pay.

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April 26, 2017, 09:45:34 AM

~snip~
Yes loan is indeed risky that is why collateral works in here, If someone asking for loan and didn't have any collateral then say nope.
about your screenshot I would not just believe you holding 800BTC since it is just a screenshot atleast it is a your btc address with sign message I may believe you

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Cactushrt
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April 26, 2017, 10:40:10 AM

there is no doubt about this that loans are too risky, because no one know know that what is going to happen to the price of bitcon either its price will increase or decrease,  And by granting a large loan must take a pledge that exceeds the cost of the loan. And still need to do everything right from a legal point of view, to conclude an agreement
Its not risky if the borrower will provide you a god collateral you must check what collateral he is offering it can be risky if the collateral is altcoin because there are possibilities the price will dump.


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