Would you lend your cryptocurrencies?

[zaesvlas]

Frankly, I take this with the utmost caution. I try to borrow not often, because for me this is not the best sign.

[Nnamdi_123]

Wow! So much to learn everyday about crypto.

[Jocuserious]

Honestly, I prefer not to give my money to anyone. Trust in people is often quite low.

It's your own choice because your money is how you spend and where you spend it and whether you lend it to someone or not. However, if you want to take a loan from any institution in your own country you have to follow the rules and if anyone gives loan from this forum then he will also follow some rules. However, investing in crypto with loan is foolish because if there is a loss then you will suffer to repay the loan later.

[gazilla]

Absolutely not, especially at the current situation, where you have no means of suing people if they do not hold the end of their bargain. I keep all my coins in the DEX wallet. I do not trust CEXes.

[Ludmilla_rose1995]

However, investing in crypto with loan is foolish because if there is a loss then you will suffer to repay the loan later.

what if it turns out that you make a profit and not a loss then making a loan to invest in crypto is your big luck. currently there are still many DEX/SWAP platforms that pay well, I will give you an example, if you borrow money to buy $CAKE then you can put it in pancakeswap and get a reward with a large APR, currently the price of $CAKE is low so buy it and investing in it is a wise thing.

[Rupok]

Are you sure everyone will be faithfu? Your idea so good but the major problem is very difficult to find trustworthy people.I think It will become a lot of ricks.But it's all depend People's mentality.If that happened then everyone would benefit.I have noticed many such sites but i can't trust.But I will invest if I find a reliable site.

[noormcs5]

Frankly, I take this with the utmost caution. I try to borrow not often, because for me this is not the best sign.

We are talking about lending cryptocurrencies and not borrowing them.  
Anyways I believe that both lending and borrowing cryptocurrencies is not a good thing. Lending crypto is not a wise thing however if you are in need of urgent money, you may borrow crypto but it is indeed risky as if the crypto price went up, you will need to re-pay more.

[RILWAN]

Some people have been into this business for so long you can fine them in the service section making deal, this forum support such move but not in all cases. The thing is when giving out loan make sure it agreement contain all the details needed for smooth transactions and interest patients.

[og kush420]

Some people have been into this business for so long you can fine them in the service section making deal, this forum support such move but not in all cases. The thing is when giving out loan make sure it agreement contain all the details needed for smooth transactions and interest patients.

I am not sure - but I like to play safe.
I would rather lose  money by myself. Rather than lending the crypto.
If I calucualte I have lending so much money to people in real life and never ever I have got them back - so I think - No I would not lend my money!

[Markinzo]

In the business of crypto investment everything involved is risk associated, keeping your asset without wanting to lend out is a risk, and same also applies to the decision of having to lend out.

Anyways, just be careful on how you proceed in lending and the source your to lend to. More importantly, you can try to create certain strategies as measures to ensure your asset lend out is securely paid back with the agreed interest at the end. Cause there are cases where lending becomes a problem to the lender as the borrower end up not being able to pay or not wanting to pay.

You can use this link to check out others business experience and strategies in the business of lending
https://bitcointalk.org/index.php?board=65.0

[Theones]

In the business of crypto investment everything involved is risk associated, keeping your asset without wanting to lend out is a risk, and same also applies to the decision of having to lend out.

Anyways, just be careful on how you proceed in lending and the source your to lend to. More importantly, you can try to create certain strategies as measures to ensure your asset lend out is securely paid back with the agreed interest at the end. Cause there are cases where lending becomes a problem to the lender as the borrower end up not being able to pay or not wanting to pay.

You can use this link to check out others business experience and strategies in the business of lending
https://bitcointalk.org/index.php?board=65.0

IN last few years - after the Corona - I have learnt the importance of money.
I was rather very quick in giving away my money and rather than making some investments. But now I have a little crypto - I don't want to lend it to anyone. No not at all.

[tn211]

In the business of crypto investment everything involved is risk associated, keeping your asset without wanting to lend out is a risk, and same also applies to the decision of having to lend out.

Anyways, just be careful on how you proceed in lending and the source your to lend to. More importantly, you can try to create certain strategies as measures to ensure your asset lend out is securely paid back with the agreed interest at the end. Cause there are cases where lending becomes a problem to the lender as the borrower end up not being able to pay or not wanting to pay.

You can use this link to check out others business experience and strategies in the business of lending
https://bitcointalk.org/index.php?board=65.0

IN last few years - after the Corona - I have learnt the importance of money.
I was rather very quick in giving away my money and rather than making some investments. But now I have a little crypto - I don't want to lend it to anyone. No not at all.

I feel you. When it comes to my crypto i made sure to store if offline and only sent it to exchanges.
Lending seems a bad plan too.

The 12%  sites seem to fall like rain.
The low reward sites/exchanges are not worth the risk. I rather lose money on inflation then risk too much.

[m2017]

I understand your desire to multiply your money, but as usual, greed doesn't lead to anything good. Cryptocurrencies already by default, upon ownership, allow their owners to increase their wealth. Why not be content with it? Trying to lend it out carries huge risks, because you are "giving away" crypto. This is important to consider, because nothing prevents borrowers from scamming and not fulfilling their obligations to return funds. I consider the lending to be extremely high-risk and unreliable.

[topman21]

Hi guys, as many of you as I also would like to "do" something with my crypto funds that I held in my crypto wallet. For a few months, I still think if crypto loans really work and there is a very very low risk of losing my funds. I would like to borrow lend my cryptocurrencies with an interest. Blockfi offers up to 8.5% interest p.a. and there are more competitors, but would you 100% trust them? Earning few percent per year vs. losing the big amount of cryptocurrencies fund?

I never think it makes sense to lend funds to someone in cryptocurrency.For example, I would like to say that if you lend funds to someone then what will you do if that person refuses?You can't judge people about it. Time will tell you will refuse to pay your funds and you will face a lot of big losses.I think this cryptocurrency will never lend funds to anyone.If necessary, deposit it in your fund savings. There will be a good profit every month.

[2stout]

This is a tough one.  I would think if you did p2p that there would need to be some sort of escrow involved.  If you are doing via some sort of exchange, then you run into the whole not your keys, not your coin thing and gotta hope the exchange is and remains solvent and hasn't overextended itself either.

[gunhell16]

Hi guys, as many of you as I also would like to "do" something with my crypto funds that I held in my crypto wallet. For a few months, I still think if crypto loans really work and there is a very very low risk of losing my funds. I would like to borrow lend my cryptocurrencies with an interest. Blockfi offers up to 8.5% interest p.a. and there are more competitors, but would you 100% trust them? Earning few percent per year vs. losing the big amount of cryptocurrencies fund?

I just have a question for you Sir, are you planning to borrow here in cryptocurrency? Or maybe you're looking for someone to borrow cryptocurrency or Bitcoin? As far as I know, there are other members here in this forum who lend crypto to anyone as long as the lender enters what they are looking for in the borrower. Because I know a few names that already lend crypto to it.

Here try to check this one dude loan offer https://bitcointalk.org/index.php?topic=3243635.0

Now if you are planning to loan in the exchange, I could say there is a high risk and high requirements also for the community
who wants to loan, and that's a hard to trust there is a 50/50 chances I guess if you do it.

[Xallk]

It depends on what conditions

[Rigon]

Hi guys, as many of you as I also would like to "do" something with my crypto funds that I held in my crypto wallet. For a few months, I still think if crypto loans really work and there is a very very low risk of losing my funds. I would like to borrow lend my cryptocurrencies with an interest. Blockfi offers up to 8.5% interest p.a. and there are more competitors, but would you 100% trust them? Earning few percent per year vs. losing the big amount of cryptocurrencies fund?

Trusting people with cryptocurrency is very risky. There is nothing you can do if someone cheats on you.Because you don't know them and just trust them.But it can be borrowed if you know a person or team.Even then I think it is not right to give someone a loan in cryptocurrency.Because why be an enemy of people by giving your cash to people.It is better not to be an enemy than to be an enemy.

[m2017]

Hi guys, as many of you as I also would like to "do" something with my crypto funds that I held in my crypto wallet. For a few months, I still think if crypto loans really work and there is a very very low risk of losing my funds. I would like to borrow lend my cryptocurrencies with an interest. Blockfi offers up to 8.5% interest p.a. and there are more competitors, but would you 100% trust them? Earning few percent per year vs. losing the big amount of cryptocurrencies fund?

Trusting people with cryptocurrency is very risky. There is nothing you can do if someone cheats on you.Because you don't know them and just trust them.But it can be borrowed if you know a person or team.Even then I think it is not right to give someone a loan in cryptocurrency.Because why be an enemy of people by giving your cash to people.It is better not to be an enemy than to be an enemy.

That's right, it's very risky and makes you helpless to influence the situation if you lend your cryptocurrency to someone. It is easy to give, but it is not easy to return what is given. I'm guessing you can lend cryptocurrency to people you know and trust, but it's best if you document the deal and the terms of the deal. Moreover, legally, so that there is an opportunity to influence the fulfillment of obligations.

The desire for more and more has no limits. OP, cryptocurrency so allow you to make a profit. Is this not enough for you? Well then, be prepared to bear double risks if you lend them.

[jaberwock]

Trusting people with cryptocurrency is very risky. There is nothing you can do if someone cheats on you.Because you don't know them and just trust them.But it can be borrowed if you know a person or team.Even then I think it is not right to give someone a loan in cryptocurrency.Because why be an enemy of people by giving your cash to people.It is better not to be an enemy than to be an enemy.

That's right, it's very risky and makes you helpless to influence the situation if you lend your cryptocurrency to someone. It is easy to give, but it is not easy to return what is given. I'm guessing you can lend cryptocurrency to people you know and trust, but it's best if you document the deal and the terms of the deal. Moreover, legally, so that there is an opportunity to influence the fulfillment of obligations.

The desire for more and more has no limits. OP, cryptocurrency so allow you to make a profit. Is this not enough for you? Well then, be prepared to bear double risks if you lend them.

It is easy to get but not easy to return. This is the common sickness of those people who love to borrow money from someone else. That is why a collateral is invented so that lenders have an assurance that the borrower will come back because if not then his collateral will be liquidated.

Proposing a legal document also helps like the borrower will sign a waiver, that if he won't pay on time then something bad will happen to him like he will get arrested by the authorities. Better if the op will be contented on the cryptos that he hodl as it could still bear him profits when the market returns to normal. Being greedy to earn more, is not good.