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Author Topic: Loans too risky?  (Read 66028 times)
TOTOARRO
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January 10, 2018, 03:43:24 PM
 #1481

In the loaning and getting business it is normal. also, to pick up benefit we should set out to go for broke. By utilizing advance supports as capital, it is in fact unsafe, and obviously we should first consider among every one of the dangers and advantages.
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bitcoinlang
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January 10, 2018, 05:44:51 PM
 #1482

Yes, i beg to agree with your topic since you are giving someone what you earn or invest for. If the loaner doesn't give back what you give for him/her, that will become a problem
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January 11, 2018, 11:32:57 AM
 #1483

In the loaning and getting business it is normal. also, to pick up benefit we should set out to go for broke. By utilizing advance supports as capital, it is in fact unsafe, and obviously we should first consider among every one of the dangers and advantages.
I don’t really know how this loaning works, but if it’s the way I’m thinking about it, then it’s probably a bad idea, cause it will be very risky to give out loan to someone you don’t even know. What if the person refuses to return it, how are you going to him or her? Loan is much better when carried out offline with someone you know better and not with strangers.

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shaun98
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January 11, 2018, 03:25:04 PM
 #1484

Don't bother loaning your Bitcoin to others, unless you do it through a platform where users will give you collateral for a loan. There are a few now, though only Ethereum and fiat can be loaned at the moment. One of the most popular ones is EthLend, you should check it out. Better this way as it is safer.

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January 12, 2018, 02:49:11 PM
 #1485

Loans can pretty risky to take, in fact. Unless you really need it, I suggest that you never take a loan. It is valid to remember that the bank is not going to lend to much money without a good reason to do so.
Taking a loan should have a valid purpose, if you are just borrowing money for entertainment then you will have a problem very soon.
Some people take loan as they want to to recover their loses, as a lender, you have to know the purpose of the loan so you can analyze if your chances of getting repaid is good.
Yes indeed loans a very risky when you will get loan from any bank so then you have to return that loan to them in installment and since bitcoin is arrived so a lot of people are joining bitcoin because from bitcoin you can earn a lot of money and you don’t need to get any loan from any one because there are a lot of options to earn from bitcoin and they all are every easy to earn from bitcoin is for every one even housewife’s are also using bitcoin.


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aeternus
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January 12, 2018, 04:56:14 PM
 #1486

Yes loans is too risky, it is better to invest your own money than to borrow in lending companies. The profit you will get in invest will go only  to your loan. Its like nothing happened in your investment.
In the lending and borrowing business it is common. and to gain profit we must dare to take big risks. By using loan funds as capital, it is indeed risky, and of course we must first consider among all the risks and benefits.
Lending can be incredibly risky in crypto with traditional currencies most of the loans are from banks and people located in the same country and subject to the same law, but in the internet you could be lending to a person at the other side of the world with different laws, who knows, maybe the law says bitcoin is not a currency so what you did was not a loan and most likely you will  not be able to get your money back since the cost of trying to do will be bigger than the loan itself.
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January 12, 2018, 06:11:12 PM
 #1487

Yes loans is too risky, it is better to invest your own money than to borrow in lending companies. The profit you will get in invest will go only  to your loan. Its like nothing happened in your investment.
In the lending and borrowing business it is common. and to gain profit we must dare to take big risks. By using loan funds as capital, it is indeed risky, and of course we must first consider among all the risks and benefits.
Lending can be incredibly risky in crypto with traditional currencies most of the loans are from banks and people located in the same country and subject to the same law, but in the internet you could be lending to a person at the other side of the world with different laws, who knows, maybe the law says bitcoin is not a currency so what you did was not a loan and most likely you will  not be able to get your money back since the cost of trying to do will be bigger than the loan itself.
so really I think it's better to borrow baseball to follow the business in the world of crypto. because it is very risky so if you do not have the capital do not ever minjam just to follow the business in the world crypto .. it's advice

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January 13, 2018, 01:17:08 PM
 #1488

It is true that loan is too risky. If you want to loan  you need to know what is the purpose of your loan. Think something things that you can benifet so that your loan will become productive.

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Ryanpaul80
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January 20, 2018, 12:09:29 PM
 #1489

Yes loans are too risky because of if you loan $1000 its interest is so big like it can turn its price like a half of what you loan so its too risky for us

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February 01, 2018, 10:54:23 AM
 #1490

Polonex exchange has a lending tab. This is one of the less risky options for borrowing crypto currency.
wewe123
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February 01, 2018, 12:32:56 PM
 #1491

If you engage your money for loan , its very risky unless the money being loaned has a collateral in exchange, like in the bank,even if your friend will loan your money, you cannot be sure if he or she will returned his loan money.If you will also engage in loan , be sure to invest it wisely so that you can porfit more and can pay the interests of your loan, that is the risk of loaned money.

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