wtf is collateral.if i need a loan and have also! collateral why am i open a topic here instead of just sell my collateral coins!
you guys so smart...
People generally hold altcoins because they think they will increase in value in relation to bitcoin. By requesting a loan instead of selling them they are able to reap potential gains from the altcoin while still utilizing the money they have borrowed.
Also, It is worth mentioning that collateral does not have to be alt-coins. It can be many other things which hold value (Whether digitally or physically).
I'd be interested in fulfilling this loan if you can find valid collateral. PM me if you can.