Would you borrow in cryptocurrency?

[Kuchiyose]

yeah, I would borrow crypto currency but only for high price. It is like I make a short position, I owe crypto for high price and pay back for low price. As a result I earn on this deal

Maybe everyone will do the same to borrow a Bitcoin at a high price because if the price returns is low it will be an advantage for you to return it.

[Bagaji]

There are section where you can find loan services but bottom is that you must a good collateral before the loan can be given to you. Even if you other form of collateral that may be cover the loan I don't think your rank will any allowed any of the people issue the such services to give you loan.

[Akpuv]

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 in cryptocurrency would be too risky as you would always be expected to pay back with the same quantity of the token you borrowed. What if the price skyrocketed after you have already borrowed, paying back may be a challenge.

[oioi]

frankly, I don't know about loans in cryptocurrency, because what I fear is where our loan money has more interest, because the value of cryptocurrency has a fluctuating value, where the value goes up and down. depends on the increase and decrease in borrowed altcoin prices. which will be a burden on the borrower.

[Budor]

I assume 't actually recognise how that effort and what sort of model place in position to expedite adoption of Crypto and whether at each its loss to exercise it desire be many logical with steady currency similar bitcoin and ethereum or bitcoin money

[Mezihn]

whether you wish to longtime aloof purchase a low-priced coin and mastery on your concavity, so this be greater possibly require 2-5 yr first from instantly, on the other hand whether you fortunate aloof require 1 yr and so you got big profits.

[Toraynt]

If the cryptocurrency had lost its volatility over time, I would still be working on it, because it is possible to make money not only from the volatility in the cryptocurrency

[2Kool4Skewl]

Cryptocurrency is ideal for additional money to earn money.  I am very sorry that I did not do it before.  And then I plan to develop it and do it.

[Dexion]

Cryptocurrency is ideal for additional money to earn money.  I am very sorry that I did not do it before.  And then I plan to develop it and do it.

For now, I suggest to trade crypto, because that can make you really understand cryptocurrency. trading is also more profitable than getting and developing other crypto assets. try to start your trade.

[ganeshramk]

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?

Definitely my answer is no. Crypto coins and markets are still not regularized and stabilized. Suddenly one day it will go to zero or go to moon. If we have bad luck, thats it.

[pelumi20]

Borrowing in cryptocurrency might be a little difficult because of the volatile nature of the market except the lending and borrowing is done with stable coins. Imagine someone borrowing 1BTC when the price of Bitcoin was $3500 and have converted to the coin to fiat to use for his purpose, considering the price of bitcoin is now $7900 paying the loan would be very difficult because the price of bitcoin have increased by 100%, except if he will pay back that amount in dollar value which is very unlikely. so crypto loan can only work if it is done with stable coin.

[jackflag]

I have been working in cryptocurrency for two years now and I will be engaged in the future.  Because I really like it.  I believe in cryptocurrency and its progress in the future.  I think that this is a worthy technology to implement it.

[NibleyIt]

I desire not draw crypto disdain an danger, I greater keep off it and take it causes it a hard action to create a profits. Whether you refer to it turns big and panic many than misplacing.

[aliceHortrex]

I have been doing cryptocurrency for a long time and I'm tired of doing it.  I want more and more coins and investments.  I like working here.  I do not see anything bad.

[lizaangel321]

dollars are very dangerous to borrow, not to mention the cryptocurrency. Theme now begins to rise in prices, and you can take for cheap, and then how to give several times more. I think a cryptocurrency loan is very dangerous

[roadwell890]

I have been doing cryptocurrency for a long time and I'm tired of doing it.  I want more and more coins and investments.  I like working here.  I do not see anything bad.

working and doing the best will be better, and avoiding the word borrowing may make you more calm and can do it well.
borrowing currency on Crypto will be complicated because the movement is not necessarily good and the loan name must be returned.
just do it like running water and face it calmly and patiently maybe you will avoid things that can make you bad.

[MisterLangley]

If it is still low, I will also dare to borrow the currency resulting from cryptocurrency to increase the business opportunities in this so that it can be more clearly compared with other things which are at very low token values
 

[Evgenklm]

I don't like to borrow or anything. I would not advise to do this, because the cryptocurrency is volatile, can fall in price, and I think who will lend will tie the rate to $.

[Woodie]

If you are really in need of the crypto and you have someone that can lend this out to you, then by all means do borrow.
We know volatility is one big crypto problem but if volatility is to reduce to acceptable levels then more services would easily start to use this because they get to not worry about any lost money based on this.

[ttcsalam]

You lent at a rate. The market is always updated every moment. So how can it be sure to exchange. I am not lenient to lend. Because the market is not always the same.