gensol
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October 30, 2019, 01:06:31 PM |
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No I wouldn't do that. If I give a loan in Btc when Btc is trading at $6k, say I give a unit of 0.1 valued at $600, if Btc goes up to $10k in few days time, when it's time for me to be paid back I wouldn't get the exact unit of Btc I gave because the borrower will be interested in paying me just $600 borrowed which leads me to some form of loss which I should've avoided if I hadn't lend the money at the first place.
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Rebisco
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October 30, 2019, 01:10:00 PM |
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It is a risky decision because you are not sure if the borrowed money will return to you. It is hard to become a creditor where you will lend your cryptocurrencies to others. There is no guarantee of returning and that's why only few people are lending cryptocurrencies.
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max6575
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Merit: 100
Vave.com
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October 30, 2019, 02:00:44 PM |
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as uses with works on scheme as moderating news and technical drawing of chart on table with the trading market, investors to helps as covering supports of confirmation and expecting with the limit on numbers as returns to compete within the terms of plan.
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agentx44
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October 30, 2019, 02:09:24 PM |
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Would you give a loan to borrowers in cryptocurrency? If yes, in which cryptocurrency: - Bitcoin - Ethereum - Stablecoin (please tell us in which) - Libra - Maxit ( https://maxicreditcompany.com/whitepaper.pdf) - Other (please tell us in which) It can be a business actually, you can double up the payment if ever they borrow to you. For example, in bitcoin, someone borrowed it to you and suddenly the value of bitcoin grows up. They will now need to pay you higher since the value grew up all of a sudden. You should not be so generous with it though even if that's the case because some of them may run and hide to you if ever the value grows to large. Make sure always that those whom you've given the opportunity to borrow is trustworthy enough and not just a normal and complete stranger.
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greenclub09
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BBOD - The Best Crypto Derivatives Exchange
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October 30, 2019, 02:38:36 PM |
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I think that cryptocurency lending can bring you much profit in the future. This is a potential market, I believe that in the next few years the market will be stable and prices will increase. I only recommend lending to cryptocurrencies with good potential, this will reduce your risk. I suggest you lend TRON, Tether, Ethereum and Bitcoin.
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wxxyrqa
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October 30, 2019, 06:13:35 PM |
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I think that cryptocurency lending can bring you much profit in the future. This is a potential market, I believe that in the next few years the market will be stable and prices will increase. I only recommend lending to cryptocurrencies with good potential, this will reduce your risk. I suggest you lend TRON, Tether, Ethereum and Bitcoin.
I am sure that the person who will be engaged in lending in the cryptocurrency will have very good profits in the future, especially considering the forecasts and hopes of each user to see a bull run in the cryptocurrency market. But you just need to take into account the fact that for every person who will take a loan in cryptocurrency, the risk increases several times in comparison with a loan from a bank.
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K4C
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$CYBERCASH METAVERSE
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October 30, 2019, 06:25:18 PM |
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Definitely stablecoin. While bitcoin looks quite attractive, let's not forget how toxic it would feel if you were to lend in bitcoin and the price were to drop drastically before the loan is repaid.. you might end up losing instead of making profits... Stablecoin is the safe way and I am a very safe investor.
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safari88
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Merit: 1026
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October 30, 2019, 06:37:42 PM |
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Definitely stablecoin. While bitcoin looks quite attractive, let's not forget how toxic it would feel if you were to lend in bitcoin and the price were to drop drastically before the loan is repaid.. you might end up losing instead of making profits... Stablecoin is the safe way and I am a very safe investor.
it's safe to lending people using stablecoin but many people want to make a profit and you can see an example on this section lendingcurrently, there are 20++ people on bitcointalk that became a lender to help people while getting profit from it.
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Shasha80
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October 30, 2019, 09:43:16 PM |
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I will avoid lend in cryptocurrency because this will indeed bring many problems in the future. Believe me, it's better to stay away from things like this, moreover this cryptocurrency volatility coins will hurt one of the parties if a loan agreement occurs. Not to mention that lend in cryptocurrency often happens scams. Better to buy coins with money that we can afford to lose, advise from me to avoid smelling loans.
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disconnectme
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October 30, 2019, 10:07:33 PM |
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Yes, I will. There are some good lending platforms in the space now and are having good time even some in the bear market. As for the assets I will considered, BTC and most of the top tokens in the space will make my list. This lending market to me is going to be a very big market with time
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wxa7115
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October 30, 2019, 10:53:19 PM |
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I do not understand the procedure for granting a loan. Do you have to provide your personal information? If so then after that you and all your wallets will be in danger. Why do I need to take money from strangers and risk my anonymity? If personal data is not needed, who will protect the borrower?
There is not much to understand, lending in cryptocurrencies works in a way very similar to a pawn shop, when you ask for a loan in a pawn shop you need to bring something valuable that can be sold in the case you default the loan, the object you bring needs to exceed the value of the loan you ask and in the case you want it back you have a limited set of time to pay your loan with the agreed interest. Lending cryptocurrencies works in exactly the same way, it may seem rudimentary but this way of lending has been around for a long time and it is the most honest way to lend money since you are not taking advantage of those that cannot pay you back like banks do.
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flagpara
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October 30, 2019, 11:21:49 PM |
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Would you give a loan to borrowers in cryptocurrency? If yes, in which cryptocurrency: - Bitcoin - Ethereum - Stablecoin (please tell us in which) - Libra - Maxit ( https://maxicreditcompany.com/whitepaper.pdf) - Other (please tell us in which) You can research on loan site, probably you can get several site. If rumors is right than I would like to buy DCEP. China to launch own cryptocurrency, called it "DCEP". I'm not interested to invest in any stable coin without my money frozen. Still have some interest in Libra coin.
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Aldrinx00
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Activity: 882
Merit: 13
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October 31, 2019, 03:26:59 AM |
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I would only lend some cryptocurrency if the person who will lend to me is a trusted one and if i know him/her personally. I wouldn't risk lending my crypto to strangers, i would lend any kind of crypto from btc to eth etc to the person i trust and in need of it.
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