Topic: Lending Bitcoin (Read 268 times)
I think it is very risky, which is feared when you lend it will not return intact to you, and today you do not easy to believe. you better hold for 2 months at least in your exchange until bitcoin value up. and that's my prediction will happen after hard fork. for 2 months.
Bitfinex is giving around 0.07% a day if you lend with Tether (usd) so it means that in ten days, you are going to make around 0.70% of your investment, it is a garbage
0.70 percent in ten days are not worth it, and you have to pay more than 15 percent of your earnings to the exchange. Poloniex is just taking 12 percent of those funds as fark as i know.
But lending tether is risky , because maybe bitcoin just makes a pump of 1% and you lost more money that what you have invested in that operation.
I dont know why there are some people who uses those systems to make some profit from them, because they all are in a huge lose after all.
it is ok but whenever you are using an exchange (or in other words a third party) to store your bitcoins, you are taking a huge risk. these exchanges are not to be fully trusted ever. they have pulled so many shenanigans so far and there has been lots of scams that makes it impossible to trust any of them anymore.
so do the lending with a small amount you can afford to lose in case the exchange ran away.
so do the lending with a small amount you can afford to lose in case the exchange ran away.
the only way to make some profit from lending is just by investing money on poloniex, or bitfinex.
Bitfinex is giving around 0.07% a day if you lend with Tether (usd) so it means that in ten days, you are going to make around 0.70% of your investment, it is a garbage, you can just make that profit with a good and profitable trade made in less than half an hour.
And poloniex is giving less than 0.03% a day, so it is not worth it, there are best ways to earn more money without having to invest in there.
Bitfinex is giving around 0.07% a day if you lend with Tether (usd) so it means that in ten days, you are going to make around 0.70% of your investment, it is a garbage, you can just make that profit with a good and profitable trade made in less than half an hour.
And poloniex is giving less than 0.03% a day, so it is not worth it, there are best ways to earn more money without having to invest in there.
Lending on an exchange, such as Poloniex, could bring you some profits but not much. On Poloniex the percentages to stay competitive are low, but if you want to let it sit there and gain without effort it's a way to go. I have yet to find other exchanges that offer P2P lending for margin trading, would love to see more. You could also diversify your lending by joining BTCPOP and Bitbond, though you would have the risk of the people not paying back what you lend out. BTCPOP does have a feature that liquidates any collateral of the borrower and pays the investors from that, not what you put into it but you get a small percentage rather than nothing. You could also look into putting your coin into the payroll of some gambling sites, again is risky due to the sites ability to bug out with everything. Just do research and make calls equal to your risk tolerance.
Lending bitcoin.. in some exchanger
it okay or not?
While waiting on the value going up.
In the lending item there are a lot of bitcoin lenders: https://bitcointalk.org/index.php?board=65.0it okay or not?
While waiting on the value going up.
But I do not think this is a good way to do it because it is risky even though the profit you get is big.
Lending bitcoin.. in some exchanger
it okay or not?
While waiting on the value going up.
it okay or not?
While waiting on the value going up.
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