Bitcoin Forum
October 31, 2020, 04:45:57 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 [19] 20 21 22 23 24 25 26 27 28 29 »
  Print  
Author Topic: Would you borrow in cryptocurrency?  (Read 42295 times)
Febo
Legendary
*
Offline Offline

Activity: 2310
Merit: 1232



View Profile
May 09, 2019, 04:42:07 PM
 #361

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?

You always need to borrow in currency in which you are getting income. If your salary is in CHF you should get debt in CHF if it is in Bitcoins you could take debt in Bitcoins.

You can take loan here in USD, but you back it up by crypto: https://coinloan.io/   Bitcoin, Monero, ....

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
1604162757
Hero Member
*
Offline Offline

Posts: 1604162757

View Profile Personal Message (Offline)

Ignore
1604162757
Reply with quote  #2

1604162757
Report to moderator
1604162757
Hero Member
*
Offline Offline

Posts: 1604162757

View Profile Personal Message (Offline)

Ignore
1604162757
Reply with quote  #2

1604162757
Report to moderator
1604162757
Hero Member
*
Offline Offline

Posts: 1604162757

View Profile Personal Message (Offline)

Ignore
1604162757
Reply with quote  #2

1604162757
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1604162757
Hero Member
*
Offline Offline

Posts: 1604162757

View Profile Personal Message (Offline)

Ignore
1604162757
Reply with quote  #2

1604162757
Report to moderator
1604162757
Hero Member
*
Offline Offline

Posts: 1604162757

View Profile Personal Message (Offline)

Ignore
1604162757
Reply with quote  #2

1604162757
Report to moderator
Pecunia non olet
Full Member
***
Offline Offline

Activity: 882
Merit: 102


PayAccept - Worldwide payments accepted in seconds


View Profile
May 09, 2019, 04:44:58 PM
 #362

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?
Borrowing cryptocurrencies has a sense when price is low. Imagine that you borrow cryptocurrencies now, for example 1BTC. You get 1 BTC and you will have to pay 6000USD in the future. But if Bitcoin price grows, you still have pay only the amount what you borrowed in FIAT.  Smiley

pleci
Full Member
***
Offline Offline

Activity: 686
Merit: 100



View Profile
May 09, 2019, 05:03:50 PM
 #363

It's better for me to be a bounty hunter than to borrow coins or tokens at low cost and can make me addicted. From what we know that it is better to develop our coins without having to borrow anything because it is still unclear and there is still a lot of fraud. Being vigilant is needed and might help investors to adopt good tokens.

Apaxy
Member
**
Offline Offline

Activity: 504
Merit: 11


View Profile
May 10, 2019, 05:40:29 PM
 #364

It's better for me to be a bounty hunter than to borrow coins or tokens at low cost and can make me addicted. From what we know that it is better to develop our coins without having to borrow anything because it is still unclear and there is still a lot of fraud. Being vigilant is needed and might help investors to adopt good tokens.
one way or another, nicknameing for their heads earns cryptocurrency by their work, and no extra money is needed.  Perhaps the coins earned in this way are not hard to lose, but this seems only at first glance, only for those who do not respect their work.  but in other ways, for the time being, I don’t risk working in this field.
OluwaTosin10
Jr. Member
*
Offline Offline

Activity: 546
Merit: 4


View Profile
May 10, 2019, 05:46:54 PM
 #365

Borrowing is a turn off for me; so why borrow ?

Crypto currency at large offers so much more than just borrowing
We need to recognize that borrowing to invest is a bad decision
anggle
Jr. Member
*
Offline Offline

Activity: 378
Merit: 1

"AMANPURI●ultimate exchange"


View Profile
May 10, 2019, 06:15:49 PM
 #366

I think Crypto coin loans are not effective for making profits. I better use my own capital to buy Crypto coins. So if the price of the coin I bought rose and got a profit, of course, this is my pride. Trade requires a good strategy so you must be able to take advantage of every opportunity that exists.

┈┈┈┈┈ AMANPURI ❘ ultimate exchange ┈┈┈┈┈
● High Leverage ● Asset Protection ●
┈┈┈┈┈ https://amanpuri.io/tokensale ┈┈┈┈┈
mbluxs
Sr. Member
****
Offline Offline

Activity: 938
Merit: 250



View Profile
May 10, 2019, 06:15:54 PM
 #367

Borrowing is a turn off for me; so why borrow ?

Crypto currency at large offers so much more than just borrowing
We need to recognize that borrowing to invest is a bad decision
Borrowing is a turn off for me; so why borrow ?

Crypto currency at large offers so much more than just borrowing
We need to recognize that borrowing to invest is a bad decision
the choice and mind of a person is different, borrowing in cryptocurrency in my opinion is not a problem as long as we are optimistic and able to return it. surely if we don't have anything and want something one way is to borrow.
madfox11
Hero Member
*****
Offline Offline

Activity: 1344
Merit: 550


Proof-of-Stake Blockchain Network


View Profile
May 10, 2019, 06:27:43 PM
 #368

I am interested in opinions about borrowing in cryptocurrency.
People rarely borrow a crypto currency because of its crazy volatility, many tokens are vulnerable to unpredictable price fluctuations, it is too risky to borrow in a crypto market.






             ,gaaaaaaaagaaaaaaaaaaaaagaaaaaaaag,
           ,aP8b    _,dYba,       ,adPb,_    d8Ya,
         ,aP"  Yb_,dP"   "Yba, ,adP"   "Yb,_dP  "Ya,
       ,aP"    _88"         )888(         "88_    "Ya,
     ,aP"   _,dP"Yb      ,adP"8"Yba,      dP"Yb,_   "Ya,
   ,aPYb _,dP8    Yb  ,adP"   8   "Yba,  dP    8Yb,_ dPYa,
 ,aP"  YdP" dP     YbdP"      8      "YbdP     Yb "YbP  "Ya,
I8aaaaaa8aaa8baaaaaa88aaaaaaaa8aaaaaaaa88aaaaaad8aaa8aaaaaa8I
`Yb,   d8a, Ya      d8b,      8      ,d8b      aP ,a8b   ,dP'
  "Yb,dP "Ya "8,   dI "Yb,    8    ,dP" Ib   ,8" aP" Yb,dP"
    "Y8,   "YaI8, ,8'   "Yb,  8  ,dP"   `8, ,8IaP"   ,8P"
      "Yb,   `"Y8ad'      "Yb,8,dP"      `ba8P"'   ,dP"
        "Yb,    `"8,        "Y8P"        ,8"'    ,dP"
          "Yb,    `8,         8         ,8'    ,dP"
            "Yb,   `Ya        8        aP'   ,dP"
              "Yb,   "8,      8      ,8"   ,dP"
                "Yb,  `8,     8     ,8'  ,dP" 
                  "Yb, `Ya    8    aP' ,dP"   
                    "Yb, "8,  8  ,8" ,dP"
                      "Yb,`8, 8 ,8',dP"
                        "Yb,Ya8aP,dP"
                          "Y88888P"
                            "Y8P"
                              "

Free TON





PEER-TO-PEER MULTY-BLOCKCHAIN SYSTEM
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬▬TON SURF - OFFICIAL WALLET ▬▬▬▬





        ▄███████████████████▄
        █████████████████████
▄█████  █████████████████████
██████  ████             ████
███     █████████████████████
██████  ████             ████
██████  █████████████████████
███     █████████████████████
███████ ▀███████████████████▀
▀███████▄▄▄▄▄▄▄       ▀████
  ████▌                 ██ 
  ▐██▌                     
   █▌








TELEGRAM
FORUM
WIKI
Golftech
Hero Member
*****
Offline Offline

Activity: 1750
Merit: 518



View Profile
May 10, 2019, 07:00:19 PM
 #369

I am interested in opinions about borrowing in cryptocurrency.
People rarely borrow a crypto currency because of its crazy volatility, many tokens are vulnerable to unpredictable price fluctuations, it is too risky to borrow in a crypto market.
With that volatility you can't predict how your barrow crypto will be in returned, but not to convert it into fiat value it's still the same amount of crypto that you lend and you need to repay, if you'll going to use it to something that profitable like trading or investing to good project chances to grow that lend money is always possible.

Beyerd17
Full Member
***
Offline Offline

Activity: 798
Merit: 103


View Profile
May 10, 2019, 10:13:20 PM
 #370

I am interested in opinions about borrowing in cryptocurrency.
People rarely borrow a crypto currency because of its crazy volatility, many tokens are vulnerable to unpredictable price fluctuations, it is too risky to borrow in a crypto market.

Imagine if you borrow in a certain cryptocurrency that is quite illiquid, and that just before the due payment date someone decide to pump it hard, resulting in you owing a lot more and getting burned.
Emmy92
Jr. Member
*
Offline Offline

Activity: 781
Merit: 1


View Profile WWW
May 10, 2019, 11:36:26 PM
 #371

Like you rightly stated, volatility. Volatility is one of the issue limiting the crypto space from reaching mass adoption. Since this is pertinent in the crypto space, in my own opinion it is not right borrowing in cryptocurrency as it is very risky.

█████     |       E3T.co       |       IEO on Dcoin       |    █████
───────              Connecting Global Entrepreneurs              ──────
Chinsmokers
Member
**
Offline Offline

Activity: 406
Merit: 10


View Profile
May 11, 2019, 01:54:57 AM
 #372

As far as I have been in crypto , I have not heard or encountered  that there are peoples who are offering loans in crypto currencies. If indeed that there are people like this who offer loans in crypto currency then this is a great breakthrough because it can provide capital to those financial is limited.
mersal
Member
**
Offline Offline

Activity: 980
Merit: 33


View Profile
May 11, 2019, 03:11:22 AM
 #373

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?
no I am not doing that and I also not interested on that because everyone had a wish to becoming rich but my thoughts are always going to live better life not about rich that's why I don't have the interest about borrowing the money.

103deltafox
Full Member
***
Offline Offline

Activity: 490
Merit: 100



View Profile
May 11, 2019, 05:52:51 AM
 #374

With the volatility in cryptocurrency at the moment its totally wrong to borrow money and invest in it, as you could loose a huge Chunk of it in the case of an unexpected bear market

Marilis
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
May 11, 2019, 06:47:44 AM
 #375

I harbor 't still, on the other hand I approach over any much utility which allows to you accept cryptocurrency, and normally irresoluteness doesn't thing as in nearly casings measure doesn't numeration in usd designation. Similar add, any servicing desire consecrate you 0.15 btc credit and you get to reward 0.16 btc ( credit measure + involvement ).
Doomfang
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
May 11, 2019, 06:57:10 AM
 #376

In my have conclusion, adoption in cryptocurrency is a NO NO. This place is greatly evaporable, unsteady cost etc, you never buoy separate what desire come to pass in the following minute. In as even as I buoy 't achieve it, I buoy 't buoy anyone to achieve either.
Siti Nurbaya
Jr. Member
*
Offline Offline

Activity: 490
Merit: 1


View Profile
May 11, 2019, 07:02:53 AM
 #377

If you borrow crypto, it doesn't seem easy, this will be a burden.
Learning to get not only by borrowing, but it is also better to give the energy to get wages with crypto so that we have better skills.
Moreover, bitcoin is currently showing positive and valuable points, it will certainly be more creative to continue working.
Tohave
Newbie
*
Offline Offline

Activity: 38
Merit: 0


View Profile
May 11, 2019, 07:11:12 AM
 #378

Whether i recognise the man who i am adoption to so exactly i would adopt any. Whether you signify representing yourself so you should view what choice you get and whether you buoy pament your obligation.
jademaxsuy
Full Member
***
Offline Offline

Activity: 840
Merit: 174



View Profile WWW
May 11, 2019, 07:12:47 AM
 #379

Yes of course, especially if it has low interest and the cryptocurrency is needed for ex. payments or other ways that it could put to a good use. BTC is one of the great choice to be borrow but as we all know also that there is no assurance that a borrower could return the BTC being borrowed if it has no collateral. This is why I do not think that borrowing cryptocurrency will be successful even if with escrow service.

Inendth
Newbie
*
Offline Offline

Activity: 59
Merit: 0


View Profile
May 11, 2019, 07:13:21 AM
 #380

No single buoy forecast the forthcoming of cryptocurrency and all the more a particular disc. On the other hand I’m confident that it desire modernise and get disdain administration forbid. Then, I anticipate that no single desire consecrate out cryptocurrency gives.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 [19] 20 21 22 23 24 25 26 27 28 29 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!