Loans too risky?

[Masongrae]

There is always a risk involved with any loan, we dont know people who can trust, unless there is  assurance that the borrower can not run away, like collateral agreement.

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[manyu22]

There is always a risk involved with any loan, we dont know people who can trust, unless there is  assurance that the borrower can not run away, like collateral agreement.

yes the name of the loan is always no guarantee, because any borrow money there is no guarantee it is a hassle too, because the warranty is needed for proof, if they are not responsible then the guarantee is already ours.

[Prince786]

loans are too risky so before you do it get a collateral.Loans can be pretty risky but only for that people that are not able to pay it back, if you are able to pay back your loan then you do not have to worry.

[Osarman]

There is always a risk involved with any loan, we dont know people who can trust, unless there is  assurance that the borrower can not run away, like collateral agreement.

There is always a thing in business that you are not supposed to go for any option that is high in risk. Risks are so better for your progress and success but we must go for less risky options and choices. Like in this case, loans are always risky and risk factor is much higher here. So better is to go for some other options and avoid this thing because you can have a loss, a huge loss.

[Md.Sufian]

Of course , in my opinion , it is not good to Loans . People have to suffer a lot through Loans . So Loans is very risky .

[alphaomega.f]

pretty much, yes, loans indeed are too risky. especially when you let those people unknown to you, lend your money. that's why its highly recommended to ask and set collaterals so that in case they won't be able to pay their loan, you can get something as collateral for what you lend them.

[Umar001]

Yes  load  is very risky, especially when you fail to perfect the security of the  loan before you disbursed the money, that is the beginning of non performing loan in the banking sector. Thou every business have one risk or the other, risk scaming and perfection of security is the  way  to go.

[bellanas]

I think the most important thing that it's very risky.If you buy new things, or start your  business. My opinion is negative.

[jaaeeeyyyy]

Yes its risky, because what you are trying to borrow is a moving currency, meaning its value has no stable value so its either you will end up paying with interests and a higher based value than youve borrow or pay with a lower one. Just borrow if you only need it not when you want to buy something because you might be paying double or even triple when prices moves.

[GabeLogan420]

Why? If you earn well that loan, it's not too risky. The main thing is to find a good bank, and looking what are you going to buy?

[emezh10]

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?

So your 800 BTC only cost about $56. If I were you I would even bother to think of way to loan it just to obtain little interest like 2-4% per year- the risk is too high. Convert half into cash and hodl the other half. Use the cash for a holiday or just keep the cash in the bank for the tiny interest (hopefully it is not negative interest in your country).

Use half of his bitcoin for a holiday? Half would be $170k, as he has a total of $340k in bitcoin. 
I too strongly doubt that this is a serious question, but if you want to loan, you need to be picky, ask for collateral and be prepared to lose sometimes.

Also, unless you are seriously wealthy, I would suggest diversifying, rather than increasing your holdings!  Real estate and PMs would seem a good idea for someone with so much in Crypto.

Congratulations on buying and holding for so long, if what you posted is actually true.  I would guess that most who bought at sub $1, also sold at sub$10.

Giving up loans have a smaller profit if you follow the moral rules in adding up interest rate. You will give up a large amount of money to have a higher profit. The risk of being not paid on time, or not being paid at all is also possible, even if you ask for collateral, still, you end up being a loser afterwards.

[biskitop]

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.

You are right, and some people will also think twice before actually lending to people. They will certainly see the background of the person, whether he is an unemployed, a businessman, or a worker, and analysis to know the purpose of the loan is also important.

[Maslate]

Yes its risky, because what you are trying to borrow is a moving currency, meaning its value has no stable value so its either you will end up paying with interests and a higher based value than youve borrow or pay with a lower one. Just borrow if you only need it not when you want to buy something because you might be paying double or even triple when prices moves.

When you borrow money you just have to agree with the terms and you have to pay of course when your loan will become due.
However, if you analyze closely, the risk is on the lender because he cannot be so sure if the borrower will pay with this kind of loan where it's lack of good collateral.

[BlackBoxRecords]

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

There are some projects out there to facilitate lending, like LendoIt or EthLend. You just need to buy some ethereum and there you go. Now, you can also choose to buy a masternode of DASH or NEM and get some dividends.

[cherryganda]

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

if I will have this I will never get involved in loan! why? do you think you are helping people to cover their shortage? well, you are at the beginning though at the end its just additional shortage for them, let them work to get up! as for yourself having the risk of having a loan well I will just invest it or keep it.

[ICOcosmos]

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

Start using SALT, thats a platform for people like you.

[blue_nexus15]

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

There are some projects out there to facilitate lending, like LendoIt or EthLend. You just need to buy some ethereum and there you go. Now, you can also choose to buy a masternode of DASH or NEM and get some dividends.

Large profits are often accompanied by high risks, which you certainly know when participating in these projects. Consider carefully analyzing the project, monitoring the feedback from the community to decide whether to invest in the project or not. I think the property is his own should decide is by himself, and will not regret later.

[Loveydovey04]

Nobody give loans with out guarantee or collateral or else they will be kissing their bitcoin goodbye the moment they release it from their wallet. If you want to lend it in a nice, acceptable and formal way you can make it. Charge collateral and make your lending reliable.

[TOTOARRO]

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.

[bitcoinlang]

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