To Hodl or Lend: What is your take?

[Bitcoin2009]

Of the many cases that have occurred, especially lending sites, it is better to use bitcoin for long-term hold, store bitcoin in a private wallet and sell it when it has a big profit, this is safer and makes us not worry if we lend bitcoin on a site that could be a scam .

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[el kaka22]

It is not that lending is a bad business model, it is definitely a great business model without a doubt but it has never been done professionally in crypto and succeeded. Back in the day we had lending platforms and all of them got hacked or scammed, many people take loans and not pay it back and that has been a common issue for a long time. I think even the decentralized ones has been crashed because people find a loophole in the system, if you give someone money then they will just scam you.

The only logical argument people have is "take 120 dollar collateral in another coin and give 100 dollar loan bitcoin", which is not what a lending is about, you are taking more than what they need, so how are you really helping them to begin with?

[superman184]

Of the many cases that have occurred, especially lending sites, it is better to use bitcoin for long-term hold, store bitcoin in a private wallet and sell it when it has a big profit, this is safer and makes us not worry if we lend bitcoin on a site that could be a scam .

Scam site??? I never imagined there would be a scam site that would lend Bitcoins to everyone but only the owner of the scam site you are referring to wants other people's money to take him away. I agree about keeping Bitcoin in a personal wallet in the long term because it can also be an investment for each person in their life, but if you say about a loan on a scam site and it is a Bitcoin loan. I'm a little surprised to hear that because scam sites never give anything to anyone for free except telling everyone to put money in their wallet

[siniminomorocomunisakito]

Despite the regulations regarding Bitcoin and cryptocurrencies that are still developing in various jurisdictions, I only see a growing trend where Bitcoin loans generally have higher interest rates than conventional loans. This reflects the risks faced by lenders in providing access to volatile crypto assets. You need to consider whether this higher interest rate is worth the benefits you get from the loan.

[bayudndy]

I see lending as a risky activity, and it is preferable to keep your money and generate profits through long-term investment rather than entering into trading or lending. Holding your money can actually be a more passive approach, allowing you to benefit from potential price appreciation over time without the need for active trading or lending activities. But not everyone has the time, interest, or expertise to actively trade or engage in lending, and that's perfectly fine. Choosing a strategy that fits your goals and comfort level is key. So if you decide to explore trading or lending in the future, make sure you have thoroughly researched and understood the risks involved, and consider seeking professional education or guidance in those careers to help you navigate those activities.

[Cling18]

If your goal is just to generate profit from your capital, I think holding would be wiser and more ideal than lending. We all know the risk of getting lent and there's a possibility that you won't get paid as some borrowers intentionally or has the habit of not paying their debts. If you seek assurance and if you want to make your funds safer, better invest and hold in a reliable and trusted coin rather than entrusting it in the hands of borrowers. There are already lots of scammers who borrow funds from decentralized and centralized exchanges so you have to be skeptical and choose assurance over a higher profit but has a bigger risk.

[isaac_clarke22]

Despite the regulations regarding Bitcoin and cryptocurrencies that are still developing in various jurisdictions, I only see a growing trend where Bitcoin loans generally have higher interest rates than conventional loans. This reflects the risks faced by lenders in providing access to volatile crypto assets. You need to consider whether this higher interest rate is worth the benefits you get from the loan.

Considering the market conditions, I won't be surprised if P2P loaning outside the forum would be a pain. I can imagine plenty of lending businesses around the metropolitan region in my country. As much as I hate interests in lending, well hey if it is for the using crypto, I am all in for it.

The lending platforms itself may pose dangers. Centralized systems, which connect borrowers and lenders via a third-party middleman, may be vulnerable to hacking or fraud, putting your Bitcoin assets at risk. Although decentralized systems are intended to eliminate reliance on intermediaries, they may nonetheless involve technical and smart contract risks that expose lenders to unanticipated vulnerabilities. Those who prefer a more conservative approach or are concerned about the risks associated with lending Bitcoin may be better off avoiding this activity and focusing on alternative investing options.

Well people would just consider personal loans at that point. Even by using custodial wallet already would be alarming to many people considering that even my experience of getting my wallet wiped out since the team that was behind in supporting the web wallet I use are considering an upgrade for their system. I know they don't have an ill intention, but hey just knowing that anyone could touch your money anytime and they'll know every single transaction you make is just a no-no for me.

[coolcoinz]

I hold my coins and avoid any exchanges or lending platforms. I used to feel like it's important to keep generating bitcoin by constantly putting it at risk: trading it, gambling, lending, investing in shitcoins, now I know better.

Having a lot of wealth stored in bitcoin also helps to make a decision because the more you have the less you feel like risking it. Spend time reading posts by newbies here and you'll see that they all want to make money fast and are willing to risk it all. Long time users, people who were here for 10 years will almost never do that. All of them will tell you to stay calm and hold bitcoin, maybe with some occasional trades if you feel like it.

[usekevin]

The first thing is the price of bitcoin is a volatile one.So you can do use of bitcoin to earn money based on the demand and supply of bitcoin.The price is not the stable one,when the market was crash and get in to bear town.Use the dump to buy the bitcoin at cheap price.Because we know the demand for bitcoin increases,but the supply of bitcoin was constant.So when the market back to normal,it was huge chance to earn the good money from it.Quick profits is easy one by using bitcoin as the trading tool.

[Lida93]

In my view point bitcoin trading and bitcoin lending is of no much difference as both points to profit making and risk inclusive altogether. While you trade there's a possibility of you losing your coins same with lending, the borrower could abscond with your coin closing down all channels of trace leading to your loss as a lender.  Wether be it lending or trading there is risk and so it all depends on your choice of risk  you would want to take in making profits. Hitherto to this post, I don't ever intend on becoming a bitcoin lender any day.

[Distinctin]

One of the major reasons why bitcoin Enthusiasts hold bitcoin is in anticipation of a price increase that would increase the value of their asset. However, holding your bitcoin requires a patience mixed with strong will. It is the patience to be patient for a long period of time until the price makes a 10%, 20% and so on increase. Strong will not to use it to solve some immediate problem and risk a reduction in your asset. Consequently, not everyone one can wait that is why some decide to learn bitcoin trading so that they can make some quick profit that would also increase their asset holding. Some other become bitcoin lenders. Yes, they use either a centralized or decentralized platform to lend their bitcoin which would be repaid with interest. What is your honest take on bitcoin lending? Too risky, won't try it? Too risky, will give it a try?

Lending bitcoin is way more risky and dangerous than lending money. Bitcoin has a very high value, so if the one you lend has lost his source of income all of a sudden, then you can never expect that your bitcoin will still be back. But if you manage your own bitcoin and be more patient to hold it for years, with high determination and discipline that you will eventually reach your goal, then you will grow more bitcoin in your account without even lending it to others. Lending may also be good and profitable but only for those who have secured and stable source of income aside from bitcoin investment alone.

[Oilacris]

I hold my coins and avoid any exchanges or lending platforms. I used to feel like it's important to keep generating bitcoin by constantly putting it at risk: trading it, gambling, lending, investing in shitcoins, now I know better.

Having a lot of wealth stored in bitcoin also helps to make a decision because the more you have the less you feel like risking it. Spend time reading posts by newbies here and you'll see that they all want to make money fast and are willing to risk it all. Long time users, people who were here for 10 years will almost never do that. All of them will tell you to stay calm and hold bitcoin, maybe with some occasional trades if you feel like it.

I would definitely do the same on which it would be that non stressing if you do find your coins are really that in good storage and its not something being moved or been traded or been used actively.

Who doesnt really like to earn more? Of course we are really that doing our best to accumulate coins as much as we could but as we do all know that we would be needing to put up so much risks
for us to be able to do so which it is really just that normal. If you cant bare up with the risks then you could always have the option not to take some action and would rather be saving up your
coins and letting it sit on your own non-custodial wallet.

This is really that according into your preference since not all would really be having that kind of risk taking emotion or action to be made but rather they do go stick with much safer side
but its not totally 100% safe since we know that Bitcoin or crypto investment is never been safe in the first place but somewhat does really have that high potential specially if holded up for long term.

[lalabotax]

Basically I am a holder.
 but on the other hand, this will depend on what kind of person and goal you are. Holding for me is more precious to do because this is for Bitcoin. Something tht is very risky but o  the other hand can be exactky very promising at once. As long as we have the right time to do DCA and make more for holding, it will be exactly worthy, won't it?

[alastantiger]

There are too many worries around bitcoin lending. Like how would you be able to guarantee that at the end of the loan your bitcoins would be paid to me or how will the lending platform/company make money. What if the company goes under? Obviously they can’t take it for themselves but there is a chance the coins could be lost forever due to human error, malicious intent etc

[n0ne]

There are too many worries around bitcoin lending. Like how would you be able to guarantee that at the end of the loan your bitcoins would be paid to me or how will the lending platform/company make money. What if the company goes under? Obviously they can’t take it for themselves but there is a chance the coins could be lost forever due to human error, malicious intent etc

Maybe the profiting is low, but having the funds with us lets the user be on the safer side. As suggested the risks and process associated with it were big. To lend and get it back from the people around us itself a big tragedy. To lend and get it back online will have lots of risks. When it comes to bitcoin, what we earn through lending can be earned through holding. Maybe there'll be more time required to hold to experience the profit whereas with lending you'll receive revenue on particular time interval.

[panganib999]

It's risky, and in my opinion isn't really something that you're in for the profits (unless you're some bitcoin millionaire/billionaire and you can just throw a couple thousand dollars willy-nilly to strangers you met on the internet, granted they have proof of identity or whatever you're asking) but something that you're doing because you wanted to help. I've seen a lot of people in this forum be scammed by people who aren't paying up on what they owe, tons of red flags ensued as you would've guessed. Is this something that they would be willingly doing, all because they wanted the profits? No. They did this because they saw that people needed bitcoin every now and again, and banked on the faith that these people are decent human beings who knows how to pay up debts when the due date comes. It's a risk they are willing to take, and along with it the measly rewards from helping people.

Bitcoin holding for profit is still king, some say you'd have to make your money work or else it's going to die out but in the case of bitcoin, if you don't know shit about the industry it's best to just watch it grow in fiat.

[uchegod-21]

Basically I am a holder.
 but on the other hand, this will depend on what kind of person and goal you are. Holding for me is more precious to do because this is for Bitcoin. Something tht is very risky but o  the other hand can be exactky very promising at once. As long as we have the right time to do DCA and make more for holding, it will be exactly worthy, won't it?

I have never heard the concept of lending or do it, so after reading Op, I thought they were trying to explain staking in another method. This is because in staking you still need to give up your capital for a certain period of time for a percentage interest.
But if lending means to give out all the coins such that you won't see it in your portfolio any more until it is returned, I think it is risky to do.
I won't risk my capital for a little profit. I will better be patient till when bull run comes and the coins will still grow in my hands.

[Fivestar4everMVP]

Basically I am a holder.
 but on the other hand, this will depend on what kind of person and goal you are. Holding for me is more precious to do because this is for Bitcoin. Something tht is very risky but o  the other hand can be exactky very promising at once. As long as we have the right time to do DCA and make more for holding, it will be exactly worthy, won't it?

I have never heard the concept of lending or do it, so after reading Op, I thought they were trying to explain staking in another method. This is because in staking you still need to give up your capital for a certain period of time for a percentage interest.
But if lending means to give out all the coins such that you won't see it in your portfolio any more until it is returned, I think it is risky to do.
I won't risk my capital for a little profit. I will better be patient till when bull run comes and the coins will still grow in my hands.

If you really do not know about lending, it simply means you probably don't make use of centralized exchanges, or yet to get familiar with all their features, or lending services like Celsius before they went bankrupt..
Lending is pretty much very popular In the crypto currency industry, staking is also another means through which investors get to earn some interest as well, and is completely different from lending, leading means borrowing your money out completely, to earn some interest when the borrower returns the money...

And yeah, I agree wit you though, I would rather hold my money my self, than lend it out, but I believe one of the reasons why investors lend their asset is because it helps them to hold much longer without having the temptation to sell, you can't possibly want to sell an asset that is not in your possession.

[uchegod-21]

Basically I am a holder.
 but on the other hand, this will depend on what kind of person and goal you are. Holding for me is more precious to do because this is for Bitcoin. Something tht is very risky but o  the other hand can be exactky very promising at once. As long as we have the right time to do DCA and make more for holding, it will be exactly worthy, won't it?

I have never heard the concept of lending or do it, so after reading Op, I thought they were trying to explain staking in another method. This is because in staking you still need to give up your capital for a certain period of time for a percentage interest.
But if lending means to give out all the coins such that you won't see it in your portfolio any more until it is returned, I think it is risky to do.
I won't risk my capital for a little profit. I will better be patient till when bull run comes and the coins will still grow in my hands.

If you really do not know about lending, it simply means you probably don't make use of centralized exchanges, or yet to get familiar with all their features, or lending services like Celsius before they went bankrupt..
Lending is pretty much very popular In the crypto currency industry, staking is also another means through which investors get to earn some interest as well, and is completely different from lending, leading means borrowing your money out completely, to earn some interest when the borrower returns the money...

And yeah, I agree wit you though, I would rather hold my money my self, than lend it out, but I believe one of the reasons why investors lend their asset is because it helps them to hold much longer without having the temptation to sell, you can't possibly want to sell an asset that is not in your possession.

You are right that I do not much about centralized exchanges. I don't honestly know, even the staking I'm.saying about, I haven't done also. I came into the crypto space and embraced bitcoin directly. And with bitcoin you may not get bit returns ad you may desire but one thing is sure that you will have some peace of mind.
I do not mind having to learn about these 1000 means to earn in the crypto world. But my reluctance is that the crypto space itself is a risk. Being in it is risky and going into more other risk may be very bad if not well handled by the person.

[loopes]

One of the major reasons why bitcoin Enthusiasts hold bitcoin is in anticipation of a price increase that would increase the value of their asset. However, holding your bitcoin requires a patience mixed with strong will. It is the patience to be patient for a long period of time until the price makes a 10%, 20% and so on increase. Strong will not to use it to solve some immediate problem and risk a reduction in your asset. Consequently, not everyone one can wait that is why some decide to learn bitcoin trading so that they can make some quick profit that would also increase their asset holding. Some other become bitcoin lenders. Yes, they use either a centralized or decentralized platform to lend their bitcoin which would be repaid with interest. What is your honest take on bitcoin lending? Too risky, won't try it? Too risky, will give it a try?

Holding bitcoin with no planing is not only need patience but also causing us a uncertain anxiety. This because the investment which they have put is uncertain i mean when it will increase the price then give the desired result. However, I don't think I will interest to try bitcoin lending because in my opinion it violates the principle of bitcoin as a decentralized currency. when I lend my bitcoins to a centralized party then I will lose the essence of decentralization.