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mattadc
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April 14, 2019, 08:32:34 AM |
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I would advise to just trade cryptocurrency. Unless of course you understand this. But in any case, you can choose the way that you like. Now trade is the most profitable thing that really brings money.
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pushups44
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April 14, 2019, 08:35:14 AM |
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As a general rule, borrowing is bad, especially in or for cryptocurrencies. During the bear market, many people who took out loans to invest in crypto defaulted on their loans, thus ruining their credit history and lives. Some businessmen will take a loan denominated in a cujrrency they believe will fall relative to another, but this is the exception rather than the rule, and is done with careful consideration.
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BitFinnese
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April 14, 2019, 08:36:40 AM |
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As much as possible I would avoid borrowing in cryptocurrency for a single reason. The volatility. Even though it is that low, the possibility of an altcoin to spike more than 100% is very possible. We borrow token because we currently low at it and possible to sell it for fiat money, so when it spike more than 100% it will definitely make it harder for us to repay it, and if we failed to pay it, our reputation suffer.
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Annalise24
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Atronocom
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April 14, 2019, 07:18:59 PM |
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Borrowing is not good for whatever reason.
I will never support anyone to borrow and invest in Cryptocurrency.
It's a very risky venture.
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yslyv
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April 14, 2019, 07:45:32 PM |
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It is risky here. You told if the volatility is small. But there is any coin that gives guarantee of low volatility. Even tether can drop down. It is possible.
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turn the page
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Horas1976
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April 14, 2019, 07:48:37 PM |
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I have no reason to borrow crypto, so I don't borrow it. Borrowing crypto is very risky so it will be a heavy burden if all of it is lost or cannot manage it.
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Λ M M U T | A LOW-COST HARDWARE PLATFORM
▬▬▬ ● ● AMMUT.NETWORK ~ |
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renault18turbo
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April 14, 2019, 07:54:38 PM |
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Everyone makes his own decision about investing. Just one rule should be taken in consideration - invest only those money that you can loose without crying of it.
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ePesoInitiative
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April 14, 2019, 07:58:50 PM |
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Borrow something that is very volatile? That's crazy. For example, you borrowed 1 BTC and then you get $3,000 for cashing it out. Now, you have to spend $5100 to buy BTC and return it. And we are not yet talking about the interest.
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ameliana
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April 14, 2019, 08:01:15 PM |
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Borrowing is not good for whatever reason.
I will never support anyone to borrow and invest in Cryptocurrency.
It's a very risky venture.
but sometimes there are some people who can only go through that way to be able to start their business so that I think it depends on how things are. but that doesn't mean if I say borrowing is good but in some conditions it's not too bad. |
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Jackrodwell
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April 14, 2019, 08:03:46 PM |
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I haven't borrow any penny in cryptocurrency before and I think it will never happen because I have this bad gift that never I borrow from someone to even set up a business things will go bad so its not my way to borrow
I don't see borrow in this industry has a nice idea,because the market is very dicy and any can happen at anytime, in most cases cryptocurrency investment is a long term thing and not short term, if there is need for any one to invest is advised starting with your personal funds. |
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Osarman
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April 14, 2019, 08:04:28 PM |
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I am interested in opinions about borrowing in cryptocurrency.
If a cryptocurrency will have low price volatility, then would you borrow in that token?
If not please tell why?
I am afraid of borrowing and try not to take them,and especially would not do it in cryptocurrency.it is not too stable and risky,took one amount,and will have to return another. Is not it equivalent to getting funded by someone to speculate in cryptocurrency? I think it is and in my opinion, I would go for it particularly in the time when the market prices of Bitcoin are rising. If anyone is willing to lend me his coins, I would borrow it for sure and will return it after it is all time high in the market. If it was not all time high, I would at least give me some money but it is risky I know but worth going for. |
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CleverOracle
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BBOD - The Best Crypto Derivatives Exchange
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April 14, 2019, 08:09:09 PM |
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Borrow something that is very volatile? That's crazy. For example, you borrowed 1 BTC and then you get $3,000 for cashing it out. Now, you have to spend $5100 to buy BTC and return it. And we are not yet talking about the interest.
You are correct regarding the volatility of cryptocurrency but the OP is stated that what if there is a coin or token that has a low volatility or maybe a stable coin like Tether, would you borrow or not? |
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Wale777
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April 14, 2019, 08:11:06 PM |
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I don't really know how that works and what type of framework put in place to facilitate borrowing of Crypto and if at all its going to work it will be more rational with stable coins like bitcoin and ethereum or bitcoin cash
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sabine80
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April 14, 2019, 08:22:52 PM |
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borrowing in cryptocurrency is not an option for me as the prices fluctuate too much. the risk would be just too big for me, that i have to pay much more back (calculated in normal money), as i borrowed.
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levvv
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April 15, 2019, 03:59:40 AM |
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I am interested in opinions about borrowing in cryptocurrency.
If a cryptocurrency will have low price volatility, then would you borrow in that token?
If not please tell why?
There are several cryptocurrency that have low volatility price, for example USDT. I think we can borrow in cryptocurrency in USDT, your borrowing value won't decreasing if crypto market goes down. |
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qomariah95
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April 15, 2019, 05:35:56 AM |
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Previously I had never heard of online borrowing in crypto currencies. I want to know where it can be found. Because it is very unique and extraordinary if there is borrowing in cryptocurrency. Of course this is a very good development in the future. A loan in the form of cryptocurrency.
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DarkIT
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April 15, 2019, 06:45:12 AM |
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Previously I had never heard of online borrowing in crypto currencies. I want to know where it can be found. Because it is very unique and extraordinary if there is borrowing in cryptocurrency. Of course this is a very good development in the future. A loan in the form of cryptocurrency.
personally, until now I have no intention of borrowing crypto from someone else, because I am more interested in producing it. besides, I have also lent some of my relatives on the issue of cryptocurrency. well, that is a pretty good thing in introducing them to the development of cryptocurrency |
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Babbylily1112
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April 15, 2019, 06:57:23 AM |
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No would never borrow in cryptocurrency, I think the best I will do is to maximise my method of earnings in Crypto and also dedicate more time and source for better profit to make more earnings
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lovesmayfamilis
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April 15, 2019, 07:39:00 AM |
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Yes, it sounds very tempting. But the risks are also very high. Here, many people write about the volatility of cryptocurrencies, and, of course, we should listen to the majority opinion. It is not always right to take a loan in Fiat, but even more so to take risks and take cryptocurrency. I am always uncomfortable if I owe someone. Especially if the market is suddenly growing, and my debt is increasing. Therefore, it is better to rely on your capital and be very careful with loans.
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sjbi
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April 15, 2019, 07:43:30 AM |
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No I would never borrow tokens nor do I so in the future. Borrowing means you have to pay certain amount of interests. The market is so much volatile and if the prices of the borrowed coin go higher you have to pay higher interest. Rather I am interested in borrowing fiat money, which has a certain amount of interest rate. Rater I would buy cryptocurrency after borrowing fiat money. I do not have much interest in it whatsoever.
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