What is the best collateral to get loan?

[Traffic4u]

i am newbie here 

[ranochigo]

i am newbie here  

110% of the Litecoin's value of the amount of bitcoin you want to borrow would be the best.

[Light]

i am newbie here 

Good collateral that will be accepted by most (including myself) is altcoins with relatively stable values (such as DOGE/LTC). You'd have to offer about 110% in order to protect the lender from any price fluctuations and escrow is available if you don't trust the lender (better to deal with veteran members).

[SelbyTsang]

Please check the sticky https://bitcointalk.org/index.php?topic=577765.0.

[Traffic4u]

Thanks for the answers. 
I got it

[Justin00]

any alt coins like LTC or PPC are good. Basically the ones worth something.
I would advise against saying you would send a physical item, because a) you pay for postage b) most times you wuld never send it.

when I say you, I don't mean you personally :]

[Vod]

Thanks for the answers.  
I got it

Keep in mind that as a newbie, if you ask for a loan without providing collateral, you will probably get negative trust.

Why?  It takes very little effort to create a newbie account, yet the coins you receive are non-reversible. 

[Traffic4u]

Thanks for the answers.  
I got it

Keep in mind that as a newbie, if you ask for a loan without providing collateral, you will probably get negative trust.

Why?  It takes very little effort to create a newbie account, yet the coins you receive are non-reversible. 

ofcourse i'll never make a loan without collateral, i just want to know, maybe one day i need to get loan.

[Ardenyham]

110% of the Litecoin's value of the amount of bitcoin you want to borrow would be the best.

Good collateral that will be accepted by most (including myself) is altcoins with relatively stable values (such as DOGE/LTC). You'd have to offer about 110% in order to protect the lender from any price fluctuations and escrow is available if you don't trust the lender (better to deal with veteran members).

I dont get it. Why would anyone take loan if he could just convert the altcoin he owns to whatever he needs (BTC or fiat) 

[Light]

I dont get it. Why would anyone take loan if he could just convert the altcoin he owns to whatever he needs (BTC or fiat) 

For the same reason you don't sell your house to get a car loan - either you need/want to keep the collateral or you are afraid that the price of the alt will go up meaning that when you are able to buy it back you'll get less. Having a loan and paying interest may still save you more than if you were to sell and buy again at a significantly higher price.

[Justin00]

altcins, but ofcourse if you had altcoins you would not need to gert a loan.
bit of the ol chicken and egg problem :/

[Killerloop]

altcins, but ofcourse if you had altcoins you would not need to gert a loan.
bit of the ol chicken and egg problem :/

You have to provide something of value to get a loan. Otherwise it is not a true loan but a partnership.

[jambola2]

altcins, but ofcourse if you had altcoins you would not need to gert a loan.
bit of the ol chicken and egg problem :/

Not really.

If I have 200$ worth of LTC , that I know will double in value in a week , I don't want to sell it.
But , I need BTC urgently.

So, I give the 200$ worth of LTC to a trustworthy person and I borrow 180$ of BTC.
Later , when I repay the loan of BTC , I get the amount of LTC back , regardless if the price has changed.

On the other hand , if I sell my coins and the LTC price increases I may get only half the amount of LTC when I buy them back.

[Acidyo]

I'd say 5-10% of altcoins.

[acs267]

A stable altcoin.
Something of the same value that's digital. (Not like a Steam account.)

Or just something that has the same value of the loan, or higher.