Would you borrow in cryptocurrency?

[Muzahn]

Already crypto has carryed revolutions and it has actually achieved superlative peaks.The primary work has always has been crossing - borderline defrayals.With so even low charge arrangement compared to those usual banking organizations and above each deal are even many protected and firm.This is what crypto is. Fetching planet unitedly in a usual program and composing modern revolution. Item are gonna modify representing even many great in approach forthcoming at littlest far-away greater than whatever rescript (which is analyzed to hardbacked up close to golden or whatever additional affair ).

[Nuxxorcoin]

A larger investment can be borrowed for cryptocurrency invest. If you have some money, you can use it as an investment tool. For example, this method works for projects that use the proof of stake method. I've been doing this for a long time for Veil.

[StatesManG]

There are people who would borrow. One of the project I know wouldn't borrow individuals who maybe wants to borrow loans for personal purpose like buying a house or cars. Borrowing in cryto are for bigger investors and firms who borrow for business purposes

[gensol]

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 had an experience once I borrowed some units of ETH from a friend, a few days later ETH did a remarkable thing and pumped about the USD value I borrowed. The funny thing is I had to pay back more than what I had borrowed in USD value it's sickening to borrow in cryptocurrency as you don't know what will happen next.

[rodel caling]

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?

Difficult to barrow crypto currency who can trust and believe to me borrowing token without any collateral or showing my identification. For sure in lending there have so many requirements need to provide before they can get aprove to borrow crypto currency. So in short I don't like the idea borrowing.

[Bramuro]

No I buoy never take in cryptocurrency as it buoy be a as well dicy to adopt in cryptocurrency, In a crypto marketplace cost always move up and consume, whether you appropriate and he cost of the crypto got extremely big in forthcoming so how desire you pament accept.

[bering]

Volatility will always be part of cryptocurrency and there is no exception about it and borrowing crypto is not wise acts and if lost the risk will increase doubled because you have to pay your debts and you also will lost and i personally will answer no

[spadormie]

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?

Well you said it. You said the reason why I should not borrow money in cryptocurrency. For the reason of the price volatility. Your .001 BTC loan is 8 USD by now but tomorrow it could be 20 USD. So think twice if you want to take a loan. Loan if you only need.

[UNOE]

I trade on leverage almost every day, so basically im borrowing cryptocurrencies to trade, or in other words to bet on cryptocurrency rise in price.
Thanks God that I do not need borrowed money for living, I do not need new car, nor house at least for now. I am trying to live without debt.
Borrowing in cryptos could be risky thing, because your investment have to outperform cryptos wich you borrow.
I consider borrowing (for investing) in stable coins only.

[Pom_bensin]

It is not a good thing to borrow crypto, I think that is a detrimental thing, because if Crypto experiences an increase we will return cryptically what we borrow but with a nominal price that is already high. this is something we must avoid

[wenwen]

At the moment, I would pay attention to such a coin. But until today's market situation, I would not take the risk. Since I have a very bad understanding of trading. Today you can buy absolutely any coin and you have a very high probability will increase in price. But low volatility indicates the futility of the project and the product.

[Sendi blackspade team]

It is not a good thing to borrow crypto, I think that is a detrimental thing, because if Crypto experiences an increase we will return cryptically what we borrow but with a nominal price that is already high. this is something we must avoid

all depends on our strategy in seeing and predicting market capabilities. if the downtrend might be good. if in an uptrend it might be detrimental to us because of different values. but if for a trading capital I think we can make the assets we borrow increase, not for long-term investments.

[Ucy]

Depends on the cryptocurrency.
Most are too risky to be borrowed and held. I'd probably borrow Bitcoin and ethereum.

Volatility or not,  I would still borrow. All I need is good quality project.

[bitzizzix]

I am not interested in borrowing cryptocurrency as long as I can still buy it or exchange it for real money to have a cryptocurrency currency.
I don't want to take risks if I can't replace it and that will make me not feel calm.

[farlack]

Yeah, I would borrow crypto currency. I have a lot of friends in crypto community and I can lend money for some activities. So I sometimes do it , but only liquid crypto

[Dicage]

I've never been fortunate in adoption order to vest and create it approach away in winner I shot equivalent goes to adoption crypto,its not extremely model to me and this buoy causes you be in obligations simply, furthermore mention that crypto miss measure anytime anyday, many measure missed equals to many obligation on your cervix,its matter when adoption crypto to venture

[r32godzilla]

Lending in cryptocurrencies is not easy. You need to have some collateral, without that, nobody will lend you.
Is it good? It is because people are borrowing more than they can afford.

[integrity42]

Lending in cryptocurrencies is not easy. You need to have some collateral, without that, nobody will lend you.
Is it good? It is because people are borrowing more than they can afford.

Taking a loan in cryptocurrency is a good idea, but I think it's good only for the lender, because it won't be very easy for a person to give such a loan

[79b79aa8d5047da6d3XX]

I won't advice any one to borrow and invest in cryptocurrency.  Cryptocurrency for now is still very volatile and it can still hit all time low price as it was in 2018. Its better you invest your own money you can afford to loose

[wesk1212]

I agree to take loans and invest in cryptocurrency is not a very reasonable solution.  I would not advise to play with the cryptocurrency on the last money, and especially those that you lent. It is very dangerous.