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Topic: Loan for trading? - page 2. (Read 1455 times)

legendary
Activity: 1302
Merit: 1037
May 10, 2016, 09:36:35 AM
#13
I don't like the Idea honestly. loan for trading may jam your work. for example if you get a loan of 0.2BTC for altcoin trading. and you buy etherium for that money.. there is also chance of losing but I just avoid that here. so if we sell these etherium for 0.22 btc. our profit will be 0.02btc. and we have to repay 0.022(with interest). so basically loan for trading will give you nothing.
just gain some money from some where to invest in trading.
legendary
Activity: 1834
Merit: 1036
May 10, 2016, 12:04:20 AM
#12
I would like to know if there are people who borrow Bitcoin, or want to borrow Bitcoin for trade?
If you lost in trading how are you going to repay the money you borrowed for trading? That's a big risk for the lender but if there will be a collateral at least the lender will have something to liquidate when borrower can pay anymore. Anything that will happen in the future like salary in the next few days, payment for a service in the next few days are not considered as a guarantee and connot be used as a collateral.
hero member
Activity: 714
Merit: 500
May 09, 2016, 11:59:16 PM
#11
Trading itself is one hell of a gamble. Borrowing off someone else to do it? That takes things to a whole new level of insanity.

Agreed. In investments what they say is, invest only that which you can afford to lose. It's not wise to loan for something which you intend to use for gambling, moreso if you have no previous experience of gambling and using loaned money to fund it. That's gonna cause a lot of headaches down the road.
legendary
Activity: 1288
Merit: 1087
May 09, 2016, 08:24:30 PM
#10
Trading itself is one hell of a gamble. Borrowing off someone else to do it? That takes things to a whole new level of insanity.
legendary
Activity: 3500
Merit: 6981
Top Crypto Casino
May 09, 2016, 12:00:37 PM
#9
I've been looking for a place to start this - I'd like to generate some trust as escrow, and/or start buying/selling BTC in order to gain some trust around here!
You're not trusted at present sono one on their right mind is going to use you as an escrow.  Maybe when you're a hero member with green trust from trades and so forth. 

Also, does no one here do any reading before asking about stuff like collateral?   It's all been discussed before and there are stickies in the lending section.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
May 09, 2016, 11:36:17 AM
#8
For me loans for trading is dangerous, it will make emotion out of control and become lost on trading.
legendary
Activity: 1316
Merit: 1145
May 09, 2016, 11:30:18 AM
#7
I would like to know if there are people who borrow Bitcoin, or want to borrow Bitcoin for trade?

of course many who borrow bitcoin, you can look at the lending section. even poloniex trading sites, they provide loans for trade.
legendary
Activity: 3248
Merit: 1070
May 09, 2016, 02:40:58 AM
#6
I give loans if you have collateral.

and what are your interest on that loan? how much someone need to give you back as a % in addition to the loan itself?
sr. member
Activity: 294
Merit: 250
May 09, 2016, 02:04:56 AM
#5
I would like to know if there are people who borrow Bitcoin, or want to borrow Bitcoin for trade?
of course so many people loan bitcoin,you can check it on lending section,and i think loan bitcoin for trading is good if you pro trader and can make profit in every trade,but if you still learn and newbie in trading,don try it,or you will have trouble to pay your loan.
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
May 08, 2016, 11:02:46 PM
#4
I give loans if you have collateral.

I'm new to the whole lending and loaning thing (only because I've never needed to do either).  What sort of stuff qualifies as collateral?  I know accounts can be used, but are they just valued first at that price estimator?  What have you held as collateral before, and for what amount(s) of BTC?

Thanks in advance for the help Smiley
newbie
Activity: 28
Merit: 0
May 08, 2016, 10:58:50 PM
#3
I give loans if you have collateral.
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
May 08, 2016, 10:52:55 PM
#2
I've been looking for a place to start this - I'd like to generate some trust as escrow, and/or start buying/selling BTC in order to gain some trust around here!
sr. member
Activity: 602
Merit: 250
May 08, 2016, 10:19:25 PM
#1
I would like to know if there are people who borrow Bitcoin, or want to borrow Bitcoin for trade?
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