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Author Topic: Loan or advice. Collateral. 500€ 10 days!  (Read 150 times)
Debilsumda (OP)
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February 13, 2023, 04:10:38 PM
 #1

Im in need of 500 euro, my collaterall is around 170,200 dollars. Can someone advice me which platform is most likely to lend me this amount or if anyone p2p like, who i can trust and vice versa. I can add 2 web3 domains with al nft from readyplayerme. Named diamondsvvs.nft and couplegrams.zil.
Its urgent case and im rushed to seek help or find fast solution. Thanks in advance to everyone who give advice or whatever, everything is in help.
DireWolfM14
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February 13, 2023, 04:17:28 PM
 #2

Im in need of 500 euro, my collaterall is around 170,200 dollars. Can someone advice me which platform is most likely to lend me this amount or if anyone p2p like, who i can trust and vice versa. I can add 2 web3 domains with al nft from readyplayerme. Named diamondsvvs.nft and couplegrams.zil.
Its urgent case and im rushed to seek help or find fast solution. Thanks in advance to everyone who give advice or whatever, everything is in help.

I'm confused.  Are you saying you have $170,200 but you want to borrow €500?  Why not just convert those dollars to euros and use your own money?

Or, are you saying that your "collateral" (web domains and NFTs) are worth $170,200?  If it's the latter, you are unlikely to get a loan here.  Domains are not valid collateral, and NFTs are notoriously over valued.  

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Debilsumda (OP)
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February 13, 2023, 04:26:07 PM
 #3

Im in need of 500 euro, my collaterall is around 170,200 dollars. Can someone advice me which platform is most likely to lend me this amount or if anyone p2p like, who i can trust and vice versa. I can add 2 web3 domains with al nft from readyplayerme. Named diamondsvvs.nft and couplegrams.zil.
Its urgent case and im rushed to seek help or find fast solution. Thanks in advance to everyone who give advice or whatever, everything is in help.

I'm confused.  Are you saying you have $170,200 but you want to borrow €500?  Why not just convert those dollars to euros and use your own money?

Or, are you saying that your "collateral" (web domains and NFTs) are worth $170,200?  If it's the latter, you are unlikely to get a loan here.  Domains are not valid collateral, and NFTs are notoriously over valued.  

Sorry about the confusion, im giving the 200 dollars, because i need 500€, im not sure how things work exactly so i can say that im fully letting off, of the funds i have and paying the loan in 10 days. I just added the nft because its at least something also
DireWolfM14
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February 13, 2023, 05:21:05 PM
 #4

Sorry about the confusion, im giving the 200 dollars, because i need 500€, im not sure how things work exactly so i can say that im fully letting off, of the funds i have and paying the loan in 10 days. I just added the nft because its at least something also

I see, you have up to two hundred dollars, not one hundred and seventy thousand dollars, which is how it looks based on he way you wrote the numbers.

No, that's not enough to get a €500 loan.  Most lenders will insist on the collateral being valued at 120% of the loan amount.  In this case you would need €600 worth of collateral to get a €500 loan.

Another thing; this is not a fiat lending board, it's a bitcoin lending board.  Your request is off-topic here, I suggest you post it in your local board.  Maybe someone in your community can help you.

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CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
examplens
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February 13, 2023, 05:35:11 PM
 #5

Sorry about the confusion, im giving the 200 dollars, because i need 500€

now I'm confused too. You offering $200 to get 500€?
Do you really understand what collateral is and its purpose?

Quote
I just added the nft because its at least something also

it's not worth anything. and you are also aware of that, because you would surely have already sold them if you had any buyer for it.

you bought those domains (20days ago) without any idea what to do with them, you were only guided by the story of how someone sold something similar for 50-100k. I would advise you not to get carried away with easy money, and also don't expect a complete stranger to give you 500€.
also, you invested money lightly in buying a domain, without a plan of what to do with that investment, which only increases the risk that you will spend the borrowed 500e on wrong way. So advice is spend only what you have in your pocket.

Also these 2 other domains, and some creepy Al, posting mainly for the first web3 domain. Any ideas what i can make of them? Saw some have been sold for 50k 100k $ because they had 4 characters..

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Debilsumda (OP)
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February 13, 2023, 05:36:52 PM
Last edit: February 13, 2023, 05:50:59 PM by Debilsumda
 #6

Sorry about the confusion, im giving the 200 dollars, because i need 500€, im not sure how things work exactly so i can say that im fully letting off, of the funds i have and paying the loan in 10 days. I just added the nft because its at least something also



I see, you have up to two hundred dollars, not one hundred and seventy thousand dollars, which is how it looks based on he way you wrote the numbers.

No, that's not enough to get a €500 loan.  Most lenders will insist on the collateral being valued at 120% of the loan amount.  In this case you would need €600 worth of collateral to get a €500 loan.

Another thing; this is not a fiat lending board, it's a bitcoin lending board.  Your request is off-topic here, I suggest you post it in your local board.  Maybe someone in your community can help you.

Okay i understand. One last thing, are nebeus legit for example? Or can i receive some recommendations. Btw my collater is mixed crypto, polkadot, chainlink, matic, and idk whats the reason i i have 150$ xrp in coinbase, but they're frozen since 8 hours, no idea why

The domains were 50$ airdrop.

And im not planning to invest, i need to catch a flight, so i can resolve some problems with the bank i use, unfortunately if i want to resolve them fast, i can't lose much time, and the earliest cheapest flights are like 600€.
Thank yall anyway for explaining me how this things works, im not familiar how collateral play role, but i still do overpay, just many things troubling my mind and etc..i do know now
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February 14, 2023, 01:17:29 AM
 #7

So many newbies all after five hundred euros.  Quite a coincidence, wouldn't you say?

I notice a few of your posts are in the Russian language section. Perhaps you would be better off trying to get a loan there?

Debilsumda (OP)
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February 14, 2023, 02:17:47 PM
 #8

So many newbies all after five hundred euros.  Quite a coincidence, wouldn't you say?

I notice a few of your posts are in the Russian language section. Perhaps you would be better off trying to get a loan there?

Dude, Bulgaria isn't Russia, lol. And whats the coincidence tho, can you explain, like a brit to russ xd
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February 14, 2023, 10:32:09 PM
 #9

So many newbies all after five hundred euros.  Quite a coincidence, wouldn't you say?

I notice a few of your posts are in the Russian language section. Perhaps you would be better off trying to get a loan there?

Dude, Bulgaria isn't Russia, lol. And whats the coincidence tho, can you explain, like a brit to russ xd

I never said you were Russian, I said the Russian Language Section...  (you even quoted it)  Roll Eyes

Debilsumda (OP)
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February 15, 2023, 01:37:06 AM
 #10

So many newbies all after five hundred euros.  Quite a coincidence, wouldn't you say?

I notice a few of your posts are in the Russian language section. Perhaps you would be better off trying to get a loan there?

Dude, Bulgaria isn't Russia, lol. And whats the coincidence tho, can you explain, like a brit to russ xd

I never said you were Russian, I said the Russian Language Section...  (you even quoted it)  Roll Eyes

But bro, it really doesn't matter, but still, both languages only similarities are that most Eastern European countries adopted Bulgarian Cyrillic.
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February 15, 2023, 11:38:47 AM
 #11

How much are those NFTs worth? From what I can tell by looking at their website, they're worth nothing (they're avatars anyone can create?). You can't get a loan with what you have to offer as collateral, unless someone sees something I don't in your offerings.

You would probably be able to get one locally at one of those small bank like institutions as long as you have a job, their rate is a killer tho so you might be expected to pay double of what you're taking.

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