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Author Topic: Loans too risky?  (Read 66499 times)
15putriutami
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April 08, 2018, 12:21:06 PM
 #1581

Loans are too risky because there is a monthly or anually interest depends upon to the rule of the lending companies. So you need to analyze your profit carefully to achieve your income by calculating the interest of the money you lend. The another risk is if you investment site or business will be a scam that will be your doom problem so its better to use properly your and think twice before its too late.

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April 08, 2018, 01:55:57 PM
 #1582

Yes loans can be risky because we don't know when they will return what thet have borrowed, some may intend not to repay you.  But for you to take precautionary measures to avoid such thing to happpen, you should weigh in whether to let them borrow or not,  are they capable of  paying you back? Those are some questions to ask to yourself.  Then if they do,  you could ask for collateral so that you would have an assurance to secure for yourself.

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April 16, 2018, 07:13:07 PM
 #1583

Yes i agree that loans is too risky especially when you don't have an income to use in paying it the longer the days you cant pay it the higher the added percentage of charges in the capital so when you dont need money badly avoid having loans.

Most of the people apply for a loan are in a hurry. This can be possible due to a number of reasons like urgent requirement of funds for some emergency. There are possibilities of making mistakes in this hurry and this is what happens in most of the cases.

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April 16, 2018, 10:58:20 PM
 #1584

Yes i agree that loans is too risky especially when you don't have an income to use in paying it the longer the days you cant pay it the higher the added percentage of charges in the capital so when you dont need money badly avoid having loans.

Most of the people apply for a loan are in a hurry. This can be possible due to a number of reasons like urgent requirement of funds for some emergency. There are possibilities of making mistakes in this hurry and this is what happens in most of the cases.
Getting loan for investing in bitcoin or any other crypto currency is not a wise decision, although it is very much possile to get a good profit from bitcoin investment, because there is much potential in bitcoin price to increase, so bitcoin can be consider as safe investment, but sill i think that we cannot trust on it too much, because still it price is can drop too much and w can face a serious trouble.

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Panpan66L
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April 16, 2018, 11:01:06 PM
 #1585

It is up to everyone personaly, to give, or not to give... I personally give, btu if the amount is big I would ask a person to write a special document subscribing all the terms of agreement, amount and bounds of time to return money.

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April 17, 2018, 01:56:45 AM
 #1586

It is up to everyone personaly, to give, or not to give... I personally give, btu if the amount is big I would ask a person to write a special document subscribing all the terms of agreement, amount and bounds of time to return money.
That would be hard to do online especially if you are not a business entity.
Most people loaning here are just doing a micro loans, with a high interest and short term, that way they can manage the risk.

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April 17, 2018, 02:10:44 AM
 #1587

At the lending platafforms risk to loose all coins,lending here can be profitable,but you always take a risk,some users are able to get a good profit lending to just reputable members.
i think we should minimize the risk, investment should use free money, so we are more calm in face of a market that has high fluctuations. besides loans, we can get capital through bounty campaign

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April 17, 2018, 02:11:29 PM
 #1588

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
Yes thats true giving oir a loan is too risky though you're giving it with a proper interest,you must be wise and be picky to those whom you your giving their loan and ask for any collateral to be hold in case you got nothing in return on the time of payment.

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Quraline
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April 17, 2018, 02:21:05 PM
 #1589

Just cash out all the bitcoins you can and buy yourself something to eat.

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April 17, 2018, 02:32:55 PM
 #1590

Loans do need to consider their own risks, but from your loan story I come to the conclusion that the opportunity is the most important thing in the investment science.

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April 17, 2018, 02:51:08 PM
 #1591

Loans are only risky when you don't take the collateral, trust is not that worth nowadays.

They still do it so that the result is they can not repay the loan let alone the interest. Loans can be risky to give if you do not examine who you give because many people can not afford to borrow

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pasti kaya
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April 17, 2018, 03:33:25 PM
 #1592

Yes i agree that loans is too risky especially when you don't have an income to use in paying it the longer the days you cant pay it the higher the added percentage of charges in the capital so when you dont need money badly avoid having loans.
yes, if the loan is made for business better we do not take the loan because it is very risky, if lucky in business it is good in installments but if we are less fortunate then wasted all the investment we have to cover our loan.

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April 17, 2018, 03:41:39 PM
 #1593

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

I dont think its risky, it depends on you, if you have a stable income its not risky, But if you dont have income constantly, it will be too risky. You cannot rely on something you are note sure that can give you income,

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April 17, 2018, 03:48:17 PM
 #1594

I do not understand why you want to raise your bitcoins, if you have enough to spend for the rest of your life, most likely?

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April 17, 2018, 03:59:58 PM
 #1595

Yes, I agree that loans are too risky especially when you don't have an income to use in paying it the longer the days you cant pay it the higher the added percentage of charges in the capital so when you don't need money badly avoid having loans.
Loans are very risky. Especially if you borrow in large quantities and you return with a long distance. Surely your loan will flower up many times over. If I personally do not really like to borrow, if I want something I better try to earn my own income than to borrow with others.

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April 17, 2018, 04:07:27 PM
 #1596

Yes i agree that loans is too risky especially when you don't have an income to use in paying it the longer the days you cant pay it the higher the added percentage of charges in the capital so when you dont need money badly avoid having loans.
it's too risky because the more money we borrow, the higher the interest we pay and borrow money just for fun, then that's where the precarious point of our lives will not get the enjoyment of life.

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April 17, 2018, 04:09:24 PM
 #1597

I always dislike loans. loans I like a burden .it will give you only pains ,nothing except it. Mining Bitcoin is a well known process to earn Bitcoin .as far as I know .but if there is anything related to loan, then I think you should avoid it .because loans bring disaster in your life.

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April 17, 2018, 05:18:29 PM
 #1598

If what you are saying is true, then lucky you. Being able to borrow someone loan is a good thing, but you cant trust everyone to return it back. Especially when the loan is huge and most of the time, if the person does not make back the laon and looses all, there is no way the person is returning back. Its the world we living.

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April 17, 2018, 06:03:48 PM
 #1599

I really do not believe in lending and giving back. I am not selfish and when I give "borrowed" money I am aware that I probably will not get my money back, not all people have the good sense to pay what they owe.
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April 17, 2018, 07:24:38 PM
 #1600

I really do not believe in lending and giving back. I am not selfish and when I give "borrowed" money I am aware that I probably will not get my money back, not all people have the good sense to pay what they owe.
The fact is that we spend a lot of our lives turning attention to credit. Perhaps loans are almost the only way for many people to solve their problems or pay for what they want. Proceeding from this, we voluntarily hang ourselves on the neck of Yarmo, as credit debts.

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