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Author Topic: Loans too risky?  (Read 67063 times)
Bitcoinbro
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September 02, 2016, 05:59:09 PM
 #561

There is the possibility for you to start out your own lending company here, and you can build trust in the forum. But you must, of course, to use escrow before going to get trust out of the people. But that's just my opinion about it.

There are some guys here with a lending business, but they can't make a real good profit unless they got big clients who come back on a regular basis.
If you only have micro loans, the risk vs reward vs time you invest, will in no way be profitable.
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GamingBro
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September 02, 2016, 06:44:12 PM
 #562

You just should make good name in this business, people always trying to scam other people but when you trusted and have good name, people are scared to do it.

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September 02, 2016, 10:38:28 PM
 #563

So hopefully do not loan up with  more resources do not loan especially if bitcoin or loan online you do not know who might be indebted to you if you cheat and it can only interrelated problems . If you loan bitcoin be among your friends who use bitcoin do not loan if you do not know especially if there is collateral . Because you just might find a scammer
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September 02, 2016, 10:42:40 PM
 #564

So hopefully do not loan up with  more resources do not loan especially if bitcoin or loan online you do not know who might be indebted to you if you cheat and it can only interrelated problems . If you loan bitcoin be among your friends who use bitcoin do not loan if you do not know especially if there is collateral . Because you just might find a scammer
Even with regulation there are a lot of people who will default on a rightly sized debt, and the only way to ever really be safe is with some collateral that has a resale value at a minimum of 110% of the loan value, and something they aren't interested in selling and something close to them or something they want to keep. That is the only way to make sure someone maintains their agreement. Most of the time, without collateral, especially online, people will scam you out of your money a majority of the time.
th3nolo
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September 02, 2016, 10:44:58 PM
 #565

Loan bitcoins is very risky  and loan bitcoin onnline is very very risky you don't know the person, and if they don't give you something for the risk,don't give the loan

I Guess if you have friend maybe you can, but if you want to rise your bitcoins by loans thats bad move.

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MTBTT
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September 02, 2016, 11:04:00 PM
 #566

There is the possibility for you to start out your own lending company here, and you can build trust in the forum. But you must, of course, to use escrow before going to get trust out of the people. But that's just my opinion about it.
earning of interest is a very good method. and I think this method is the easiest job, but the problem is with the borrower. you do not know he's a good guy or bad ?
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September 03, 2016, 05:12:39 AM
 #567

There is the possibility for you to start out your own lending company here, and you can build trust in the forum. But you must, of course, to use escrow before going to get trust out of the people. But that's just my opinion about it.
earning of interest is a very good method. and I think this method is the easiest job, but the problem is with the borrower. you do not know he's a good guy or bad ?
The idea is too easy if we can consistently earn and interest of the amount we lend, the thing is we do not need to pay for the workers and office space if we operate online lending so we can save on the expenses but the problem is when your borrower failed to pay and will just run away.
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September 03, 2016, 05:36:24 AM
 #568

There is the possibility for you to start out your own lending company here, and you can build trust in the forum. But you must, of course, to use escrow before going to get trust out of the people. But that's just my opinion about it.
earning of interest is a very good method. and I think this method is the easiest job, but the problem is with the borrower. you do not know he's a good guy or bad ?
The idea is too easy if we can consistently earn and interest of the amount we lend, the thing is we do not need to pay for the workers and office space if we operate online lending so we can save on the expenses but the problem is when your borrower failed to pay and will just run away.

Online loaning is too risky. I cant even do it. I am too scared to lose a lot. I have been risking my money in investing in bitcoin and yet you want to risk it more? I would just prefer making it larger in other ways.
Carmen_Sandiego
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September 03, 2016, 05:49:53 AM
 #569

I think Bitcoin loans are very risky, mainly because of the fact that there are too many scammers operating online. Despite the earning potential, you need to take extra care in this field.
Fraxinus
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September 03, 2016, 06:06:32 AM
 #570

You have to be really careful in order to give loans because it exists some risk but if you manage to screen the people you want to give loans to,then the situation changes.
All in all,you havet to look what you're doing and monitoring it.
That's all when it comes to giving loans.

vero
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September 03, 2016, 07:26:38 AM
 #571

I think Bitcoin loans are very risky, mainly because of the fact that there are too many scammers operating online. Despite the earning potential, you need to take extra care in this field.
if you interested to do this way to earn bitcoin, you must ask about collateral from borrowers. at least the cut 50% collateral price so if the borrowers not pay you dont loses anything.

Noctis Connor
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September 03, 2016, 08:46:35 AM
 #572


The best loan you make is the loan you don't have! Or with 0% interest or negative interest.. those are good as well... Cheesy
That's the best loan you are going to happen , some loan are too high in fee's where people can't afford but for those people who need the most is going to order a loan where they can use it on their business or something that can change or their life anyway that the good idea loan with 0% interest
dmarine
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September 03, 2016, 06:47:53 PM
 #573

I can say that in this world, with so many scammers, loans are really risky if you do not have the proper security to protect what you own.
But if you still want to loan someone, make sure you have collateral, in case that the borrower will default, so that way you can still get back the amount that he owed for your service.
bitlancr
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September 08, 2016, 02:15:04 PM
 #574

I also think that taking a loan is pretty risky but it completely depends on the situation. If you have a good job and you are loaning money to buy a house and you now you can pay it back it is not a problem.
Loaning money while having no money is going to get you in to trouble.
Capradina
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September 08, 2016, 02:21:34 PM
 #575

I also think that taking a loan is pretty risky but it completely depends on the situation. If you have a good job and you are loaning money to buy a house and you now you can pay it back it is not a problem.
Loaning money while having no money is going to get you in to trouble.

Yeah, indeed a loan is very risky. Because the results we get when doing business or folding the duplicate loan money is uncertain, while the loan is for sure and if we can't afford it will definitely be something a bad thing for our lives
lavapits
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September 08, 2016, 07:53:36 PM
 #576

There is the possibility for you to start out your own lending company here, and you can build trust in the forum. But you must, of course, to use escrow before going to get trust out of the people. But that's just my opinion about it.
well there is a possibility in my opinion though i would definitely not do that because the loan takers might not give back the loan as it would be in bitcoin
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September 09, 2016, 06:29:09 AM
 #577

There are several scammers here and other places. So it is risky to lend btc unless you know the person in real life and is close to you. but even sometimes they turn out to be scammers. Trust ratings here are often not trustworthy due to fact that hackers often get access to accounts and so.

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anama
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September 09, 2016, 07:12:13 AM
 #578

if you want you bitcoin to loan
you can try is lending system in poloniex so savety
and this forum bitcointalk you can try section lending you can use collateral system and escrow
resilientknight
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September 09, 2016, 08:17:14 AM
 #579

Loans actually can be very risky, but if you know that you are able to pay it back then it should be no problem at all.
Take only a loan when you need something that is important and if you can pay it back.
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September 09, 2016, 08:20:40 AM
 #580

Loans can be a risky if you ask me but if you know that you are able to pay it back then it should be no problem at all.
Take only a loan when you need something that is important and if you can pay it back.
your statement that i underlined is definitely the main problem here,if people know that they can pay the loan back then why starting a discussion with a topic "loans too risky",doesn't make sense at all,so your statement above definitely not helping to resolve the problem,and i think most of people would only requesting a loan when really getting forced or in need

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