To Hodl or Lend: What is your take?

[Semar Mesem]

Current conditions are difficult to predict, making me prefer to hold rather than lend, as we know that big cases that occur on top exchanges such as FTX are important lessons if we store assets on exchanges, because most of the lend is from exchanges, so we have to be vigilant and hold on more secure wallets.

[1715551721]

1715551721

[1715551721]

1715551721

[1715551721]

1715551721

[1715551721]

1715551721

[Vaculin]

As much as profits is concerned, I think lending your bitcoin will only put your bitcoin at a risk, since it might not be return to you anymore especially if the person you happen to lend has lost his source of living. That’s why I always stay away from that idea. But with hodling, you know you’re doing it for a profitable purpose, so you will hold your bitcoin as much as you can until you finally take time to sell when you think the price is already reasonable enough to sell.

[jeraldskie11]

Online lending, in my opinion, is too dangerous. Consider this: you have one friend who knows you well, and because he has a difficulty, he borrows money from you with interest and promises to pay it back in 1 or 2 months. You want the money back with interest after two months, but because your friend still has a problem, he wants to pay the following time until he can't because the interest keeps increasing. How much more if you're doing it online and don't know the person you're dealing with? That is why some individuals do this with collaterals. I only trust loan services on Bitcointalk because their account should be their collateral, especially those who are well-known in the community.

[carlfebz2]

Online lending, in my opinion, is too dangerous. Consider this: you have one friend who knows you well, and because he has a difficulty, he borrows money from you with interest and promises to pay it back in 1 or 2 months. You want the money back with interest after two months, but because your friend still has a problem, he wants to pay the following time until he can't because the interest keeps increasing. How much more if you're doing it online and don't know the person you're dealing with? That is why some individuals do this with collaterals. I only trust loan services on Bitcointalk because their account should be their collateral, especially those who are well-known in the community.

This is actually right or something the real thing or fact in life on which if you do even have a hard time on asking on paying up those loan of your friend, how much more into those people who are online or which you dont even know? which you do have said the real thing on lending space. Here on this forum on which there are people who are really that getting some loans without collateral on which it do really
raises up the risks but somewhat those users or lendors are really on DT position thats why they are really that confident that on the time that a certain person or use do make out some default loans
then for sure those account would be useless as this would really be red tagged. This is why they are really that have some assurance but in overall it doesnt really remove out such risks
because anytime people would really be running with those loans and not paying them back.

[Mario Yamasaki]

Many things that are difficult to suspect in cryptocurrencies, a market that continues to decline makes us have to be good at looking for income opportunities, it is natural that when there is a small increase, people immediately sell, and in my opinion lend is better than hold because we can get additional income.

[axxo]

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?

That is true to hold bitcoin is one of the major reasons why bitcoin enthusiasts hold it because of the appreciation of the value. It really requires a long patience in hodling a bitcoin regardless of the short term fluctuations of the market. There are a lot of investors who lacks of patience in holding it because they are after of the profit they might get and they would choose to buy and sell it to be able to gain profit. Others do lending also but for me it is really risky because if you are not expert in lending you might also loose your capital used to it. Whether to hodl or lend cryptocurrency it still depends on your investment goals and risk tolerance. Make sure to do research first before trying to do so.

[benalexis12]

Many things that are difficult to suspect in cryptocurrencies, a market that continues to decline makes us have to be good at looking for income opportunities, it is natural that when there is a small increase, people immediately sell, and in my opinion lend is better than hold because we can get additional income.

You know the truth, what others here who have not yet accumulated potential altcoins should start now before the bull comes next year. Because once the Bull season arrives most altcoins will also rise even if we say it's just a pump.
But of course, let's choose the one that really has the potential to give us a good profit in the future so that the small amount that we bought is not wasted.

[Botnake]

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 do not guarantee profits especially if the one you trusted to lend your bitcoin suddenly became insolvent that makes him unable to pay. So the risk to lose your bitcoin becomes high instead of just hodling your bitcoin until it reaches your target price to sell. That’s the consequence of impatient people, those who only want to have quick profits and end up lose everything they have.

[Kasabus]

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?

If the person clearly understands what they are doing, understands and knows very well the risk factors they will face, they can consider lending their Bitcoin holdings as one way to increase their holdings, if they are not into this buy and sell scenario, trading activity or basically, don't want to ride the market volatility.

Of course, there's a risk that's why before considering, make it up to the point that we do realize everything from top to bottom.

If I have to answer it personally, I don't want to consider doing that. I won't jump into other things that I'm not really familiar with. It's better for me to focus instead on trading or doing regular DCAs if my budget can keep up with that.

Lending bitcoin is not actually a bad thing as it may even increase your bitcoin profits in the future, but you should know its risks as well especially that bitcoin do not guarantee price surge all the time due to its high volatility. However, though it’s a good way to increase one’s hodling, but I won’t try to put my bitcoin at risk so instead of trying some attempts of lending, why not grow it on your own account. You can still benefit from it and double your profits if you have patience for long term hodling.

[kawetsriyanto]

Current conditions are difficult to predict, making me prefer to hold rather than lend, as we know that big cases that occur on top exchanges such as FTX are important lessons if we store assets on exchanges, because most of the lend is from exchanges, so we have to be vigilant and hold on more secure wallets.

For the safety reason, I agree that it is better to hold our BTC in our private wallets. Lending the BTC on CEX may have a big risk if something happens to the exchange. Moreover, if the profits are rather small from the lending, holding it on wallets must be a better idea. So far, I also prefer to hold my BTC on my wallet than lending it or staking it. Not only about small profits to get, it requires high fees to transfer it from one wallet to another wallet.

Many things that are difficult to suspect in cryptocurrencies, a market that continues to decline makes us have to be good at looking for income opportunities, it is natural that when there is a small increase, people immediately sell, and in my opinion lend is better than hold because we can get additional income.

It depends on your target. If you plan for a long term investment, holding it on your wallet should be the best decision. But if you only plan for a short term holding, you can lend or staking your Bitcoin. However, for additional income, why you don't trade altcoins? I think trading altcoins should be better than lending Bitcoin, right?

[livingfree]

Lending do not guarantee profits especially if the one you trusted to lend your bitcoin suddenly became insolvent that makes him unable to pay. So the risk to lose your bitcoin becomes high instead of just hodling your bitcoin until it reaches your target price to sell. That’s the consequence of impatient people, those who only want to have quick profits and end up lose everything they have.

This is one thing to get scared about with these platforms. If you dwell into the history of these bitcoin lending platforms, you'll see that many of them eventually reported filed bankruptcy.

Having that impression with them will make you turn away from any of these types of services even if there's such a promising return upon payment with interest.

Holding isn't going to give you headache at all unless you're too impatient.

[Vaskiy]

Lending do not guarantee profits especially if the one you trusted to lend your bitcoin suddenly became insolvent that makes him unable to pay. So the risk to lose your bitcoin becomes high instead of just hodling your bitcoin until it reaches your target price to sell. That’s the consequence of impatient people, those who only want to have quick profits and end up lose everything they have.

This is one thing to get scared about with these platforms. If you dwell into the history of these bitcoin lending platforms, you'll see that many of them eventually reported filed bankruptcy.

Having that impression with them will make you turn away from any of these types of services even if there's such a promising return upon payment with interest.

Holding isn't going to give you headache at all unless you're too impatient.

When you're prepared to take risk, then you can risk the funds. Lending through trusted services were good, but the interest were very low whereas the same on our own could give better interest, but to gain trust and do the service is a big thing.

When you're ready to lend, better take a step to learn trading which have got the ability to give you better earning. Here also there is risk, but the risk will give you some learning.

Holding is the best choice, but here we can't expect to enjoy profit or an earning on the regular basis. It could take weeks, months and even years. Depending on the growth will be the profit. However the risk is zero as we have our holding.

[livingfree]

This is one thing to get scared about with these platforms. If you dwell into the history of these bitcoin lending platforms, you'll see that many of them eventually reported filed bankruptcy.

Having that impression with them will make you turn away from any of these types of services even if there's such a promising return upon payment with interest.

Holding isn't going to give you headache at all unless you're too impatient.

When you're prepared to take risk, then you can risk the funds. Lending through trusted services were good, but the interest were very low whereas the same on our own could give better interest, but to gain trust and do the service is a big thing.

When you're ready to lend, better take a step to learn trading which have got the ability to give you better earning. Here also there is risk, but the risk will give you some learning.

Holding is the best choice, but here we can't expect to enjoy profit or an earning on the regular basis. It could take weeks, months and even years. Depending on the growth will be the profit. However the risk is zero as we have our holding.

Even if the description of a lending platform is good, I'd still take precaution on it. We've seen the proclaimed safe platforms have turned into a bankrupt company.

Not just lending platforms but also exchanges.

That's why when someone is into this type of business, you understand the risk and it's not that lite risk but high risk.

[Wend]

This is one thing to get scared about with these platforms. If you dwell into the history of these bitcoin lending platforms, you'll see that many of them eventually reported filed bankruptcy.

Having that impression with them will make you turn away from any of these types of services even if there's such a promising return upon payment with interest.

Holding isn't going to give you headache at all unless you're too impatient.

When you're prepared to take risk, then you can risk the funds. Lending through trusted services were good, but the interest were very low whereas the same on our own could give better interest, but to gain trust and do the service is a big thing.

When you're ready to lend, better take a step to learn trading which have got the ability to give you better earning. Here also there is risk, but the risk will give you some learning.

Holding is the best choice, but here we can't expect to enjoy profit or an earning on the regular basis. It could take weeks, months and even years. Depending on the growth will be the profit. However the risk is zero as we have our holding.

Even if the description of a lending platform is good, I'd still take precaution on it. We've seen the proclaimed safe platforms have turned into a bankrupt company.

Not just lending platforms but also exchanges.

That's why when someone is into this type of business, you understand the risk and it's not that lite risk but high risk.

All lending platforms worked fine until it went bust and took our assets. I don't believe there are any good lending platforms with what happened to BlockFi, celsius...As for lending, if we are willing to take risks, we can start anytime we want, don't use the word "safe" in lending.
I prefer holding, although it won't give the daily or monthly returns many people get from lending. But I feel safe, and the profit I get back won't lose to anyone.

[MFahad]

Everyone thinks different from each other and they have different mind set but I think that lending is more risky because if you don't have any information about the other person you lend your bitcoin then it's something hard for you to earn money and may loss your money which you put into bitcoin.

Holding will be better because it enhances the chances of your success and whenever the price rises you have the opportunity to take your profit and continue your holding through putted amount. Investment is better in my opinion so all those who have more benefit in lending and trading can continue it but I will always prefer Investment and holding.

[livingfree]

Even if the description of a lending platform is good, I'd still take precaution on it. We've seen the proclaimed safe platforms have turned into a bankrupt company.

Not just lending platforms but also exchanges.

That's why when someone is into this type of business, you understand the risk and it's not that lite risk but high risk.

All lending platforms worked fine until it went bust and took our assets. I don't believe there are any good lending platforms with what happened to BlockFi, celsius...

Yeah, those were good platforms before until they've been busted and filed for bankruptcy.

As for lending, if we are willing to take risks, we can start anytime we want, don't use the word "safe" in lending.
I prefer holding, although it won't give the daily or monthly returns many people get from lending. But I feel safe, and the profit I get back won't lose to anyone.

I also prefer holding.

I don't want to meddle with people that should have known their obligation for the payments. Because this is the number one problem into this business, you will never know the person's attitude towards paying you back.

Unless you've got a lot of screening process in doing so but normally, these people are taking loans from individuals because it's easier and they can charge higher interest rates.

[mirakal]

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?

I don’t see it a wrong move to lend your bitcoin especially if you have a lot of it. However, if you only have limited amount of bitcoin, then don’t take some risk lending it to an exchange or to someone who’s capable to pay for it. We’ll never know that exchange will suddenly become insolvent so your bitcoin will be instantly gone like thin air. The reason why I never get tired from hodling because at least they’re safe with me, than to lend and get some interest, and in the end you’ll be surprised you’ve lost your bitcoin in an instant.

[Uruhara]

Everyone thinks different from each other and they have different mind set but I think that lending is more risky because if you don't have any information about the other person you lend your bitcoin then it's something hard for you to earn money and may loss your money which you put into bitcoin.

Holding will be better because it enhances the chances of your success and whenever the price rises you have the opportunity to take your profit and continue your holding through putted amount. Investment is better in my opinion so all those who have more benefit in lending and trading can continue it but I will always prefer Investment and holding.

That's right guys. Because there are big risks that we must be prepared to accept when we decide to lend our Bitcoins. And the interest received is not commensurate with the risks we face. So I also prefer to hold it and keep it safe in my personal wallet. And avoid storing it on a centralized exchange. Keep accumulating and holding on. that's all I think about if it's for long term investment. and as you said that as long as we hold it we ourselves it is easier for us to sell or take profits when the time comes.

[Japinat]

Well it depends on individual’s choice. But as for me, bitcoin is too much precious to lend it even to reputable exchanges but instead, I’ll just hold it and keep it safe in my non-custodial wallet. Because the fact that all centralized exchanges are not safe for keeping your bitcoin, even if you are given some interest of it, then you should not entrust your coins to other wallet knowing once its out from your wallet, your coins will never be yours anymore.

[SmartGold01]

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?

I think this is very deadly to associate myself with especially we women that attaches much emotions to our finances it would be very hard to operate on. I truly respect those that are doing lending and I want to encourage them to add some certain measures to secure their money whenever it's being given out because I know what most people does, after taking loan they disappear you will never see them online for your loan to be repaid. It's better I limits myself with investment and holding of bitcoin at least I can afford to bear the price drop than losing it entirely to the hand of a user who claims to be a cool person.