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Author Topic: If you were in desperate need for money....  (Read 208989 times)
stromma44
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July 02, 2016, 08:00:25 AM
 #361

Getting bitcoins is time consuming and/or expensive so if you are desperate for money, I suggest trying to earn fiat instead. It would be much easier in the short term.
That would also depends on your source of income because earning if FIAT or bitcoins is not the big deal , the only concern is how are you gonna get the money.

Even if you are earning fiat you cannot expect that you will get it on the spot, as even if you work for it you need to wait for certain time to be get paid, so in desperate situation it won't help.
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July 02, 2016, 08:21:24 AM
 #362

If i were in situation like this, at my opinion i would sell something useless and also will try to borrow some money somewhere, maybe banks maybe friends dunno.
I think the bank will provide interest for your loan? is it you are ready to pay the interest charges from the bank? of course, if you're still having trouble financially. interest can kill you

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July 02, 2016, 10:09:23 AM
 #363

If i were in situation like this, at my opinion i would sell something useless and also will try to borrow some money somewhere, maybe banks maybe friends dunno.
I think the bank will provide interest for your loan? is it you are ready to pay the interest charges from the bank? of course, if you're still having trouble financially. interest can kill you

Getting a loan from bank is not easy, it involves long procedure and you also have to meet the rules and conditions of the banks, and it will be a time consuming process.
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July 02, 2016, 01:23:01 PM
 #364

Just find a job, dont rely yourself in just earning bitcoin. Get a sideline, sell a stuff that your not using anymore a garage sale or whatever.
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July 02, 2016, 01:45:17 PM
 #365

Just find a job, dont rely yourself in just earning bitcoin. Get a sideline, sell a stuff that your not using anymore a garage sale or whatever.

Sometimes you just have no time to looking for a job and on selling a stuff, people trying to borrow some money or just stole it whan situation is forcing to.

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July 02, 2016, 10:22:57 PM
 #366

If i were in situation like this, at my opinion i would sell something useless and also will try to borrow some money somewhere, maybe banks maybe friends dunno.
I think if you ask for help banks to borrow money for you. i think you should be warned if they provide great interest fpr you. fo course it will be harm to you. better ask the help of your friend maybe your friend will provide relief to give the loan without interest
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July 03, 2016, 12:25:12 AM
 #367

I would go breaking bad mode and start a meth lab  Cheesy but seriously I would probably take extra jobs and cut back on all unnecessary expenses

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July 03, 2016, 06:56:18 AM
 #368

I will earn decent money with works hard,I will do everything except scam people for money
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July 03, 2016, 09:01:12 AM
 #369

If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.

If I were in desperate need for bitcoins I will gamble everything that I have in dice games. It is a very risky move but at that moment luck was my side and I won 0.1 in one go in 5 minutes of crazy bets started with low capital of 1 million satoshi which is all i have at that moment.  It helped me a lot but today when i tried to do it again luck was no longer on my side and I lost everytime but at least I have a stable source of bitcoin right now so theres no need to worry.
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July 03, 2016, 11:46:10 AM
 #370

I think i will lend money to the banks and i will invest in bitcoin in short term and if i see i earn profit i think i just trade bitcoin to fiat and pay my credit and i will start in my profit to invest it again.
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July 03, 2016, 12:19:57 PM
 #371

I think i will lend money to the banks and i will invest in bitcoin in short term and if i see i earn profit i think i just trade bitcoin to fiat and pay my credit and i will start in my profit to invest it again.
Do you mean borrow? because you can only lend money to the bank when you are bigger than banks. For your information, bank do lend money in world bank or any bigger banks that would give them a little interest as they also loan out the money they lend.
ardentvolcanoes
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July 03, 2016, 12:38:20 PM
 #372

If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.

I would do any decent job just to earn some profit especially if I am desperately in need of it just like what I am doing right now but I am just doing a sideline and job online just to earn btc because It is very helpful to earn extra money , sometimes I can use it if ever I really need money to pay my bill on my college .
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July 03, 2016, 12:42:51 PM
 #373

If I am desperate need of money then I will prefer to swap my credit card and get cash in return, no doubt I need to pay higher interests on it but I can afford to pay if I am in need of money desperately.
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July 03, 2016, 12:50:43 PM
 #374

Getting bitcoins is time consuming and/or expensive so if you are desperate for money, I suggest trying to earn fiat instead. It would be much easier in the short term.
That would also depends on your source of income because earning if FIAT or bitcoins is not the big deal , the only concern is how are you gonna get the money.
well there are some people who are holding their bitcoins for a long time and if they would be in real need of money i think they could sell the bitcoins they already have

to be honest i would most probably take a loan and buy some bitcoins, then i would just wait, there would be two possible outcomes, i would either make a lot of money or i would be in even much deeper shit

 
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July 03, 2016, 12:54:05 PM
 #375

I will borrow money to my parents and promising to pay within a month then i just buy bitcoin and wait to have a profit because i see that bitcoin will give more profit in halving
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July 03, 2016, 12:58:47 PM
 #376

I will borrow money to my parents and promising to pay within a month then i just buy bitcoin and wait to have a profit because i see that bitcoin will give more profit in halving

haha It's okay probably to borrow from your parents but don't do that with people who you don't know well. Bitcoin is a good long term investment but in a span of several months you might lose big investing in it.

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July 03, 2016, 06:52:21 PM
 #377

If i were in situation like this, at my opinion i would sell something useless and also will try to borrow some money somewhere, maybe banks maybe friends dunno.
I think if you ask for help banks to borrow money for you. i think you should be warned if they provide great interest fpr you. fo course it will be harm to you. better ask the help of your friend maybe your friend will provide relief to give the loan without interest

The user means that you can apply for a loan in the bank but they usually only provide loans with a valid collateral and you need to mortgage your house or assets for the loan which may be very risky.

Even when you ask a friend for a loan, you have to keep your trust intact and return the money on the given date.
It's only if you need money urgently, you can choose to sell your assets rather than ask for a loan.
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July 03, 2016, 06:56:53 PM
 #378

I will borrow money to my parents and promising to pay within a month then i just buy bitcoin and wait to have a profit because i see that bitcoin will give more profit in halving
Borrowing from parents is the first option that comes to a mind, but the fact is after certain age limit you cannot afford to ask money from them, as it would be really insulting at both the ends.
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July 03, 2016, 07:07:09 PM
 #379

I will borrow money to my parents and promising to pay within a month then i just buy bitcoin and wait to have a profit because i see that bitcoin will give more profit in halving
Borrowing from parents is the first option that comes to a mind, but the fact is after certain age limit you cannot afford to ask money from them, as it would be really insulting at both the ends.

This is my opinion too. At this age I would realy feeling embarrassed to ask money from my parents.
Extra earning is always the best option but sometimes is not possible. By the way, do you think that is easier to earn Bitcoins or fiat money?

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July 03, 2016, 07:33:55 PM
 #380

I will borrow money to my parents and promising to pay within a month then i just buy bitcoin and wait to have a profit because i see that bitcoin will give more profit in halving
Borrowing from parents is the first option that comes to a mind, but the fact is after certain age limit you cannot afford to ask money from them, as it would be really insulting at both the ends.

This is my opinion too. At this age I would realy feeling embarrassed to ask money from my parents.
Extra earning is always the best option but sometimes is not possible. By the way, do you think that is easier to earn Bitcoins or fiat money?

Either bitcoin or fiat its never easy to earn money, it will require hard work and no one will give you it for free, and if you borrow from someone then he will only lend you money if you are trustworthy and hold a good image in society.
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