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Topic: earn money with lending btc?! (Read 3227 times)

sr. member
Activity: 656
Merit: 250
November 14, 2017, 05:47:31 AM
#62
I can see and in my own experienced trading is the most effective way of earning from your bitcoin just a proper timing and research of the latest news that may affect prices if you have enough skills on how to trade wisely you can earn more than you expected.
full member
Activity: 168
Merit: 100
November 14, 2017, 04:54:59 AM
#61
what you guys think about lending btc through poloniex or other sites? the rates are 0.5-2% atm per day so pretty decent. are there any other ways of making income with ur btc?

If we dont want to get complicated by thinking, lending is good way to get any income from our btc.
Definitely trading is my prefer. So i will do trading in some different coin.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
November 14, 2017, 01:32:57 AM
#60
Lending needs more reputation to gain clients,same as u need much to learn so u can find people that trustworthy.can you afford being scammed?why lending instead of trading or investing in somw alts or bitcoin it self.before you decide what kind of profit earning to enter.make sure you made all the reseaech regarding matters.
member
Activity: 68
Merit: 10
November 14, 2017, 12:08:33 AM
#59
Their lending rate actually is 0.02% per day. That's mean 0.6% per month. That's too less profit then trading. But if you have lots of bitcoin for holding then why not lending there. It's great chance to get more bitcoin without do anything.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
November 13, 2017, 10:19:34 PM
#58
Lending money in terms of bitcoin and profiting with the varying rate of interest for the amount gives a stable earning. The same is highly risk involved as there is requirement of collateral for the same amount that's been provided. Here users provide valueless collateral causing us loss. So rather than lending better is to start trading.

Totally agree with you. This is not the best way to use bitcoins. There is a big risk of losing all assets. It is better to choose not such a risky way to earn bitcoins
I also agree with you. Yes lending money gives you earnings but also gives you doubt that is what you have lend be back to you?  It's a very risky thing to do. Unlike trading bitcoins, less risky and you'll be sure that you'll earn  because you'll also be the one to manage trading strategies you will use.
Yeah there is a great chance of scam as most of the lending sites are run by the people who are not revealing their identity and they may not be accessible at a time when it makes you to get your BTC back.
We don’t have the guarantee of the other party weather it is going to give back or not. Also in lending you stick to a limited earning which is not good for long term.

that is right but if we can found recommended sites like poloniex then we can tried to lending our bitcoin to make another profit. i am trying to lending my bitcoin and until now i can make free profit from lending although the amount is not too big at least i can have another profit but its depend on the rate of interest which is always change from time to time.
legendary
Activity: 1442
Merit: 1025
May 09, 2017, 12:35:53 PM
#57
Lending money in terms of bitcoin and profiting with the varying rate of interest for the amount gives a stable earning. The same is highly risk involved as there is requirement of collateral for the same amount that's been provided. Here users provide valueless collateral causing us loss. So rather than lending better is to start trading.

Totally agree with you. This is not the best way to use bitcoins. There is a big risk of losing all assets. It is better to choose not such a risky way to earn bitcoins
I also agree with you. Yes lending money gives you earnings but also gives you doubt that is what you have lend be back to you?  It's a very risky thing to do. Unlike trading bitcoins, less risky and you'll be sure that you'll earn  because you'll also be the one to manage trading strategies you will use.
Yeah there is a great chance of scam as most of the lending sites are run by the people who are not revealing their identity and they may not be accessible at a time when it makes you to get your BTC back.
We don’t have the guarantee of the other party weather it is going to give back or not. Also in lending you stick to a limited earning which is not good for long term.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
May 08, 2017, 12:37:32 PM
#56
Lending money in terms of bitcoin and profiting with the varying rate of interest for the amount gives a stable earning. The same is highly risk involved as there is requirement of collateral for the same amount that's been provided. Here users provide valueless collateral causing us loss. So rather than lending better is to start trading.

Totally agree with you. This is not the best way to use bitcoins. There is a big risk of losing all assets. It is better to choose not such a risky way to earn bitcoins
I also agree with you. Yes lending money gives you earnings but also gives you doubt that is what you have lend be back to you?  It's a very risky thing to do. Unlike trading bitcoins, less risky and you'll be sure that you'll earn  because you'll also be the one to manage trading strategies you will use.

Even me, I am not in favor with that thing. I guess making some lending business here is too risky even in some other sites even if they are reputed, we do not know who are those borrowers behind their names. There are lots of shady people around. But still people are doing lending service here as it is the only place where we can get loans by providing valid collateral ofcourse.

Yes. The percentage of the returns per week is high in Bitcointalk so people are obviously interested in doing lending business here. Poloniex is a place where you can lend with less risks. But it's a tricky business and keeping full hopes on this would be a foolishness.
hero member
Activity: 1106
Merit: 503
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May 08, 2017, 10:39:09 AM
#55
Lending money in terms of bitcoin and profiting with the varying rate of interest for the amount gives a stable earning. The same is highly risk involved as there is requirement of collateral for the same amount that's been provided. Here users provide valueless collateral causing us loss. So rather than lending better is to start trading.

Totally agree with you. This is not the best way to use bitcoins. There is a big risk of losing all assets. It is better to choose not such a risky way to earn bitcoins

There are many other less risky ways to make money from your BTC. Holding them for a long term will be a better option if you dont have time to do much work. Lending is a process based on trust and sometimes people get out of line to scam a little money. So think a thousand times before risking your BTC.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
May 08, 2017, 06:14:41 AM
#54
Lending money in terms of bitcoin and profiting with the varying rate of interest for the amount gives a stable earning. The same is highly risk involved as there is requirement of collateral for the same amount that's been provided. Here users provide valueless collateral causing us loss. So rather than lending better is to start trading.

Totally agree with you. This is not the best way to use bitcoins. There is a big risk of losing all assets. It is better to choose not such a risky way to earn bitcoins
I also agree with you. Yes lending money gives you earnings but also gives you doubt that is what you have lend be back to you?  It's a very risky thing to do. Unlike trading bitcoins, less risky and you'll be sure that you'll earn  because you'll also be the one to manage trading strategies you will use.

Even me, I am not in favor with that thing. I guess making some lending business here is too risky even in some other sites even if they are reputed, we do not know who are those borrowers behind their names. There are lots of shady people around. But still people are doing lending service here as it is the only place where we can get loans by providing valid collateral ofcourse.
newbie
Activity: 10
Merit: 0
May 08, 2017, 04:40:29 AM
#53
i already triend lending btc Smiley just like what they say lending money out of the exchange will bring you more profit Smiley but it is more risky .
sr. member
Activity: 560
Merit: 250
May 08, 2017, 04:12:37 AM
#52
How much do you earn with 10btc per month with polo lending?
hero member
Activity: 588
Merit: 541
May 08, 2017, 02:51:00 AM
#51
Btcjam could be a good option as many other services already mentioned, indeed if you could find a trusted platform and get solid collateral you could earn decent amounts as profit, but remember to make sure about the legitimacy of the collateral as that is the only thing you have until the return of your Bitcoin.
There are many people making a living by lending money in general but Bitcoin has provided a simple and more convenient way for them.

If you get a good collateral I see no reason why not lending and calculating the interest rate in BTC? that way even if the price increases you are getting Bitcoin no matter what.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
May 08, 2017, 02:35:27 AM
#50
Lending is not worth nowadays because bitcoin price has risen a lot and it is better to keep the coins rather than to risk to lose them in lending. No matter how good a website like Poloniex is , there have been problems reported there in lending, very few but have been. If you lend in this forum there is the same risk, many people here have seen their bitcoin lost because of people were tired of their accounts and let them as collateral, got the lending amount and disappeared from this forum.

Better to hold coins, it is the ideal choice now.
hero member
Activity: 504
Merit: 500
May 08, 2017, 12:02:40 AM
#49
I think trading still the best thing to do. Or do 50/50. Half for trading and th other half is for lending. That's a good combination also. Lending can cover your loss on trading in case you loss on trading. But the profit is small compare on trading. Don't do lending here. There's a lot of scammers here. Do it on polo. I think its safe enough.
i will never like to invest in lending. as it is one of the most risky way of earning money, i think trading is the best way of earning money. in fact i also have good experience in trading alt coin and i also have interest in trading and that is the reason that i want to invest money in trading bitcoin. i think that in present time investment i bitcoin is one of the most secure way of making money.
hero member
Activity: 1148
Merit: 500
May 07, 2017, 10:40:24 PM
#48
I think trading still the best thing to do. Or do 50/50. Half for trading and th other half is for lending. That's a good combination also. Lending can cover your loss on trading in case you loss on trading. But the profit is small compare on trading. Don't do lending here. There's a lot of scammers here. Do it on polo. I think its safe enough.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
May 07, 2017, 10:03:59 PM
#47
I am not very favorable to lending money, even with the use of collateral. Almost all of the Bitcoin users are anonymous, and therefore the risk is much higher than lending fiat cash to someone.
It depends, lending is good business if you have big amount of capital and yeah it is very risky method but you will lessen that by asking a collateral and just choose the users who have positive trust or higher rank.
Users with good volume of ​bitcoin can start this service. It has high risk than what users expect. Lending service needs good trust rate if done through our forum. Other than this you could use poloniex or similar platforms which give trusted pay but the with less interest for the amount.
hero member
Activity: 1190
Merit: 525
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May 07, 2017, 09:48:31 PM
#46
I am not very favorable to lending money, even with the use of collateral. Almost all of the Bitcoin users are anonymous, and therefore the risk is much higher than lending fiat cash to someone.
It depends, lending is good business if you have big amount of capital and yeah it is very risky method but you will lessen that by asking a collateral and just choose the users who have positive trust or higher rank.

I agree if you do have a big capital and really it is risky though if it will be a success then you can earn a ton of profit from it. Though we all know that sometimes we are get scam from someone that is borrowing your money but that is business. Though i am agree that you could earn a ton of profit from it but it is risky but you cant earn any profits without risky some of your money

It doesn't worth very much, with a decent big capital you can earn much more from casino bankroll investments (and the risk compared to someone scam you is lower). The only risk is if the casino closes and run away, but if you choose a good site the risk is very low and you can enjoy a nice profit from it, at least a larger profit than lending money at Poloniex or any other exchange.
sr. member
Activity: 490
Merit: 250
May 07, 2017, 07:33:24 PM
#45
I am not very favorable to lending money, even with the use of collateral. Almost all of the Bitcoin users are anonymous, and therefore the risk is much higher than lending fiat cash to someone.
It depends, lending is good business if you have big amount of capital and yeah it is very risky method but you will lessen that by asking a collateral and just choose the users who have positive trust or higher rank.

I agree if you do have a big capital and really it is risky though if it will be a success then you can earn a ton of profit from it. Though we all know that sometimes we are get scam from someone that is borrowing your money but that is business. Though i am agree that you could earn a ton of profit from it but it is risky but you cant earn any profits without risky some of your money
sr. member
Activity: 406
Merit: 250
May 07, 2017, 07:29:39 PM
#44
I am not very favorable to lending money, even with the use of collateral. Almost all of the Bitcoin users are anonymous, and therefore the risk is much higher than lending fiat cash to someone.
It depends, lending is good business if you have big amount of capital and yeah it is very risky method but you will lessen that by asking a collateral and just choose the users who have positive trust or higher rank.
sr. member
Activity: 392
Merit: 250
May 07, 2017, 01:37:05 AM
#43
wow so much replies!

so to summarize this thread

polo : safe, not bad return

private lending: higher returns higher risk

im pretty happy with polo lending, i wouldnt lend privately much 2 risky. i think its good to have some btc just for lending and hodling, its a small passive income and the way btc is rising you also got a very strong investment.

lending is ofc much more interesting when btc is sinking, atm everyones btc hodl so the lending marge is very small.

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