Bitcoin Forum
November 22, 2017, 10:01:51 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 [62] 63 64 65 66 67 »
  Print  
Author Topic: Loans too risky?  (Read 63189 times)
HasHe
Hero Member
*****
Offline Offline

Activity: 616


View Profile
October 08, 2017, 01:36:39 PM
 #1221

If you are true in your words and now you have 800 BTC,then don't take any risk of lending it as it would be a huge risk.Almost,you might loose 90% of your investment by lending.

So,it would be better to just hold your bitcoins in your wallet just as you did these years as it could yield you huge profits since bitcoin price is increasing in rocket speed.So,just store your bitcoins in cold storage and forget about it for atleast two years.

Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511344911
Hero Member
*
Offline Offline

Posts: 1511344911

View Profile Personal Message (Offline)

Ignore
1511344911
Reply with quote  #2

1511344911
Report to moderator
1511344911
Hero Member
*
Offline Offline

Posts: 1511344911

View Profile Personal Message (Offline)

Ignore
1511344911
Reply with quote  #2

1511344911
Report to moderator
1511344911
Hero Member
*
Offline Offline

Posts: 1511344911

View Profile Personal Message (Offline)

Ignore
1511344911
Reply with quote  #2

1511344911
Report to moderator
Harlot
Hero Member
*****
Offline Offline

Activity: 532



View Profile
October 08, 2017, 01:46:03 PM
 #1222

Yes, loaning is a bad idea, it is too risky, your money will be lose like the air in the sky and cannot find it anymore. So better just hold your money in bitcoin rather than making a loan business.  The risk involved in giving bitcoin loan is more than the profit which can be earned through interest of that loan.
Its really risky but there are still some people who do accept the risk and tend to proceed on this kind of business.I would say that loaning business is really profitable you can make money on a short span of time.Risk is always there on every any investments online but other people could still able to handle such risk,if they can do it,then for sure we can make it to.Its just a matter if you are a risk taker or not.
You can't really trust anyone with that kind of amount in Bitcoin you will be an easy target for them. My advice for him is to stay away from loaning out his Bitcoin and instead try to grow it on your own wallet as it is much safer. If ever you really want to enter into loaning out your Bitcoin you have to set a limit in order for you to avoid losing everything, also you need to have a middlemen and an intensive background review to whoever you are loaning our your money with.

.BITSLER.                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄             
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄       
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   
▀▄            █        ▀▀      █   
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀     
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀               
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
Livictere1958
Jr. Member
*
Offline Offline

Activity: 36


View Profile
October 09, 2017, 11:50:45 AM
 #1223

if you want you bitcoin to loanyou can try out is lending technique in poloniex so savetyand this discussion board bitcointalk you can try out part lending you can use collateral system and escrow
Cavyanpo
Jr. Member
*
Offline Offline

Activity: 51


View Profile
October 10, 2017, 07:21:30 PM
 #1224

Mortgage is way too risky if you cant pay out it, Bank loan the amount that you can spend so that it is not dangerous, and loan if you require it in emergency for your family members, dont mortgage if you need to have it in investment decision, dont danger the income that you loan in betting websites or gambling.
zypa
Jr. Member
*
Online Online

Activity: 56


View Profile
October 10, 2017, 09:22:22 PM
 #1225

Come on dude, just buy an entire apartment building and rent it. Heck just buy an entire village with 800 btc and rent it as a theme park. Hehe

▬▬▬ BITCOINTALK  ▬▬▬
Decentralized Loyalty Ecosystem ICO
Ziskinberg
Hero Member
*****
Offline Offline

Activity: 700



View Profile
October 10, 2017, 11:02:40 PM
 #1226

Mortgage is way too risky if you cant pay out it, Bank loan the amount that you can spend so that it is not dangerous, and loan if you require it in emergency for your family members, dont mortgage if you need to have it in investment decision, dont danger the income that you loan in betting websites or gambling.
Forget about bank loan, we are talking of loaning business here in crypto, bank does not give loans if they did not undergo a thorough investigation on the borrower. Crypto is different, people are asking for loan without necessary papers or information that would help you verify their real purpose and status in life, with that reality a lender is on bigger risk as any time when a borrower get the money he can easily disappear if he choose to and he has no legal obligation at all.

FORTUNEJACK.COM[
                             
9 BTC WELCOME PACK FOR 1ST 5 DEPOSITS
FREE 1,000 mBTC daily for LuckyJack winners
[
           
]
IronGenius
Jr. Member
*
Offline Offline

Activity: 56


View Profile
October 10, 2017, 11:28:55 PM
 #1227

I wanted to get loans initially at first but it all depends on your financial situation and getting a compeititve APR.
Do you have good credit score? Do you have assets or collateral? Have you loaned money before? These are all factors
Overall if you are the average person you would get an APR rate of 20% which is definetely worth taking out a loan for to invest in bitcoin since you can probably get that return in a week if you are good.

BITCOIN-CLUB Referral Code: 2405722240. Sign-up here: www.bitcoin-club.net/2405722240
nikitano
Jr. Member
*
Offline Offline

Activity: 56


View Profile
October 12, 2017, 07:00:37 AM
 #1228

Mortgage is as well risky if you cant pay it, Bank loan the amount that you can pay so that it is not risky, and loan if you want it in unexpected emergency for your household, dont financial loan if you need it in investment, dont risk the funds that you loan in betting web sites or gambling.
Ascension Dev
Member
**
Offline Offline

Activity: 70


View Profile
October 12, 2017, 07:14:59 AM
 #1229

Yes loans are the number one risk off negativity status in bank accounts . There is too much corporate greed behind the loans.
freedomgo
Hero Member
*****
Offline Offline

Activity: 742


Crypterium - Digital Mobile Cryptobank For Everyon


View Profile
October 12, 2017, 07:35:01 AM
 #1230

Yes loans are the number one risk off negativity status in bank accounts . There is too much corporate greed behind the loans.
When you take a loan you know the terms so you can easily not proceed if you do not want the terms, banks should be transparent because they are in the business of trust, but they will do the necessary actions to determine if their clients has the capacity to pay. Loaning in crypto has a big difference, there is not much KYC here and we just loan based on trust with collateral that has a value lower than the amount borrowed.



░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀


░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀

▀  Twitter
▀  Telegram
▀  Facebook
▀  ANN Thread
▀  Whitepaper
▀  Website
Tipstar
Full Member
***
Offline Offline

Activity: 196


View Profile
October 12, 2017, 09:09:58 AM
 #1231

Depends on many factors like productivity, inflation, etc.
Taking a long term loan for productive work can be helpful as the value of amount at current time will not be same after some years.

BitDane
Sr. Member
****
Offline Offline

Activity: 308


TokenPay || THE WORLD'S MOST SECURE COIN ||


View Profile
October 12, 2017, 12:10:58 PM
 #1232

It is true that lending loans to unknown people is risky but there are ways to mitigate this risk.  Several people here that offers loan service have ways to make sure that they will not be the one in losing end when a client runs away with the loaned Bitcoin.  One of which is asking for a collateral that is higher than the loan amount.  This way, the one who give the service will take more profit in case the client forfeit their loans.

wxa7115
Hero Member
*****
Offline Offline

Activity: 588


https://gexcrypto.io


View Profile
October 13, 2017, 04:58:36 PM
 #1233

Loans are always risky at all time, cause if you are not careful in choosing the right one to give loans, your loans will be scammed. Nobody can know the future or the deep inside of some guys. So the safest way to giving loans is asking for collateral, and the basic rule is no collateral no loans. You should go to the lending threads which there are many lenders there. You could learn more experiences from them if you want to become a lender.
Not only that, lending on bitcoin is ultra risky, just go and look at the lending section in the forum, you are going to find many discussion about people getting loans and not paying them or paying them late, you will see a lot of scams and a lot of newbies asking for no collateral loans and then they get tagged because of it, so lending is full of drama that is best avoid.

             ███
     ▄▄▄▄▄   ▀▀▀
  ▄█████████▄
 ███▀     ▀███▄
███         ███
███         ███
 ███▄     ▄████
  ▀████████████
     ▀▀▀▀▀  ███
            ███
███▄       ▄███
 ▀███▄▄▄▄▄███▀
   ▀▀█████▀▀
gexcrypto
E X C R Y P T O

Global Trading Corp.
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
.YOUR COMPREHENSIVE CRYPTO TRADING PLATFORM.
|       WHITEPAPER       |       FACEBOOK       |       TWITTER       |       ANN THREAD       |
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
Mooneater
Newbie
*
Offline Offline

Activity: 14


View Profile
October 13, 2017, 05:17:11 PM
 #1234

It depends on how much you know about earning with bitcoin if you have a good and fast idea to also pay your loan back i think it is not that bad to take a loan from the bank or even from your friends.
harizen
Legendary
*
Offline Offline

Activity: 994


View Profile
October 13, 2017, 05:37:53 PM
 #1235

Not only that, lending on bitcoin is ultra risky, just go and look at the lending section in the forum, you are going to find many discussion about people getting loans and not paying them or paying them late, you will see a lot of scams and a lot of newbies asking for no collateral loans and then they get tagged because of it, so lending is full of drama that is best avoid.

We have a so-called obvious scam so I think it's on the lender itself if they will get trap to the borrower's request although it was a clear shit attempt to make a loan. Giving lending will be really risky if on the side of the lender, they will make it more risky. There are things that needs to be consider before giving out loans.

But there is an instance that lenders give an amount without any collateral to a person who is regular borrower to him and pays on time. All of that loan is approved because of the trust who is more hard to earned compare to money honestly. In here, it's just a matter of money over trust if the borrower will still pay. I do loans too at Lending section without collateral. I earned their trust and never will break it. Can't imagined people will scammed just because of small amount.

ningrum
Full Member
***
Offline Offline

Activity: 126



View Profile
October 14, 2017, 12:24:08 PM
 #1236

I wanted to get loans initially at first but it all depends on your financial situation and getting a compeititve APR.
Do you have good credit score? Do you have assets or collateral? Have you loaned money before? These are all factors
Overall if you are the average person you would get an APR rate of 20% which is definetely worth taking out a loan for to invest in bitcoin since you can probably get that return in a week if you are good.
I think yes, if doing a loan using bitcoin it is very high risk.
for fear that if we borrow many we can not return it. I think it's better not to borrow, we better find a little. if longer urgent to borrow no problem

Granxis
Sr. Member
****
Offline Offline

Activity: 420


★Bitvest.io★ Play Plinko or Invest!


View Profile
October 14, 2017, 12:48:41 PM
 #1237

Loaning is very risky, but many companies will be lending money with bitcoin, I believe it may be an official transaction like banks, but this innovation will be in the near future.



BITVEST DICE
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Kevin13
Member
**
Offline Offline

Activity: 112

Signature designs, ANN thread, and Logos pm me.


View Profile
October 14, 2017, 01:02:54 PM
 #1238

It is definitely too risky especially if you are that one that one that offering some loans to others. If you are offering some loans make it sute that you make it on trusted members here in the forum.

andrew24p
Sr. Member
****
Offline Offline

Activity: 392



View Profile
October 14, 2017, 01:26:48 PM
 #1239

Yes loans are not only risky, but very stupid because when it comes to deflationary currency, if the value goes up people stop actually paying their loans back. Unless you have a good amount of collateral, it isnt worth it. Even then its questionable.

█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█                                                                                                                         █
█                                                                                                                         █
█          ██     ██       ▄█▄        ██        ██     ▄██████▄    ██████████    ████████    ██████▄                      █
█          ██     ██       ███        ██        ██     ██     ██       ██        ██          ██    ██                     █
█          ██     ██      ██ ██       ███      ███     ██     ██       ██        ██          ██    ██                     █
█          ██     ██     ▄██ ██▄      ████    ████     ██              ██        ██          ██    ██                     █
█          █████████     ██   ██      ██ ██  ██ ██      ▀█████▄        ██        ███████     ██   ▄█▀                     █
█          ██     ██     ██   ██      ██  █▄▄█  ██            ██       ██        ██          █████                        █
█          ██     ██    ▄███████▄     ██  ████  ██     ██     ██       ██        ██          ██   ██                      █
█          ██     ██    ██     ██     ██   ██   ██     ██     ██       ██        ██          ██    ██                     █
█          ██     ██    ██     ██     ██   ██   ██     ▀██████▀        ██        ████████    ██     ██                    █
█▄▄▄▄▄▄▄▄
M   A   R   K   E   T   P   L  A   C   E  ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█

                     The first token offering total buyback
─────❯❯❯ICO Starts : 28th of November 2017❮❮❮─────

❖TWITTER
❖TELEGRAM
❖WHITEPAPER
❖FACEBOOK
❖ANN THREAD
SLACK
fedora8
Jr. Member
*
Offline Offline

Activity: 48


View Profile
October 14, 2017, 09:25:11 PM
 #1240

Bank loan bitcoins is really risky  and financial loan bitcoin onnline is quite very dangerous you do not know the man or woman, and if they don't give you some thing for the threat,don't give the loanI Guess if you have friend perhaps you can, but if you want to increase your bitcoins by loans thats bad transfer.
Pages: « 1 ... 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 [62] 63 64 65 66 67 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!