Loans are mostly at high risk, back again for the purposes of whether the loan we use. If used to build a business of course we must take it carefully, how the Return of Investment in the short or long term. Must make an estimate before making the loan. For mining in BTC is very promising for the long term at least in the next 3-6 months.
To lend our BTC to a friend should be carefully calculated, whether the person can return it in accordance with the suitability, how long it will take, whether the person is trustworthy, if there is a guarantee such as a home certificate or other securities, will much better.
Topic: Loans too risky? - page 11. (Read 67099 times)
yes loans is too risky. you said that you have 800BTC, there's so many things you can do in that like investing or build your own business. and also try mining i think its good too
I think the best thing he could do with his is hold it for a long period of time because if he hadn't sell his until now he is already a millionaire or billionaire in some countries. If he loan his back then his profit will not be like what he has now. Everything is risky when it comes to spending your money or trying to invest in projects or businesses but I think investing in is much better than other things.yes loans is too risky. you said that you have 800BTC, there's so many things you can do in that like investing or build your own business. and also try mining i think its good too
I think the best thing he could do with his bitcoin is hold it for a long period of time because if he hadn't sell his bitcoin until now he is already a millionaire or billionaire in some countries. If he loan his bitcoin back then his profit will not be like what he has now. Everything is risky when it comes to spending your money or trying to invest in projects or businesses but I think investing in bitcoin is much better than other things.
Investing the profit in loans alone is not suggestible. However, you may divert your partial profits to some altcoins and watch them growing like you had in Bitcoin.
I would suggest 10% or 20% of your amount can be diverted to loans. For example 20% to loans and 30% for altcoins, keep the remaining 50% where it is (In Bitcoin) since the price of Bitcoin may shoot up to $20000 in a few weeks.
Different people say different opinion, it's your decision to stick on to any of the suggestions or think of a new idea from your own. End of the day you are going to get profit or loss.
So think twice and research as much as possible before deciding and executing anything.
I would suggest 10% or 20% of your amount can be diverted to loans. For example 20% to loans and 30% for altcoins, keep the remaining 50% where it is (In Bitcoin) since the price of Bitcoin may shoot up to $20000 in a few weeks.
Different people say different opinion, it's your decision to stick on to any of the suggestions or think of a new idea from your own. End of the day you are going to get profit or loss.
So think twice and research as much as possible before deciding and executing anything.
yes loans is too risky. you said that you have 800BTC, there's so many things you can do in that like investing or build your own business. and also try mining i think its good too
I think the best thing he could do with his is hold it for a long period of time because if he hadn't sell his until now he is already a millionaire or billionaire in some countries. If he loan his back then his profit will not be like what he has now. Everything is risky when it comes to spending your money or trying to invest in projects or businesses but I think investing in is much better than other things.
Loaning investors your crypto-currencies or fiat currency is indeed a very risky move, unless it is possible to get some valid collateral from them as a form of security for their loan, in case the loaner defaults paying back their loans, you could still sell the collateral away to retrieve back your money.
According to my loan would be very risky to finance our future. Because it is essentially a loan we will get high interest rates. loans in the form of money is indeed very easy to obtain, but after making the payment would seem difficult and can sometimes damage who are unable to make payments.
The impact of large borrowing will be increasingly difficult to tread. The best interest if not necessary do not borrow.
The impact of large borrowing will be increasingly difficult to tread. The best interest if not necessary do not borrow.
If you want to earn on the crypto currency, with the help of loans, you need to become a lender. To open your own business on the market, you do not need to issue additional documents and pay tax. There are also special forums on bitcoin topics. There you can find a lender or borrower on messages and topics. This method is more risky, but also the most profitable, because the actions are not charged commission fee.
You can try and lend, but it's such a complicated process. A lot of legal issues and generally do not know how honest the person is that would give him a loan. I would not have started such an activity.
I was always afraid of loans, because I've seen too many scams around. It looks good for a small investment, but at the same time.. You never know when it happens.
if my advice is better do not have to borrow money to the bank or others ,, because it is too risky for sure. better to raise capital than to borrow if my advice still
Look at what happened to BTCJAM, people is highly scamming on loans... even people defualted in loans 100+...
I know that people give out loans but what's up with people no returning what they borrowed?? I want to know this because I might give out loans myself and I want to know what to watch out for... I have ~800 BTC at the moment and would it be a bad idea to start loaning? I bought my BTC back in 2010 mid August January(when it was about $0.07 per BTC) and I noticed the price went up a ton! Also what would be some other way to grow my BTC? Any ideas on what I should do?
Lol I don't believe a word you say about your bitcoin holdings, no offense. And what's up with people not returning what they borrow? Hello, are you new to the world? It's greed and dishonesty. I assume you're probably not new to this forum either.Loan is to risky even if we have a big or small salary income..if we don't know how to manages it properly.but if we have to plan it for an investment then we are assure that it will gain more profit.and nothing to worry about our loan if we know how to manages it properly especially in our investment.
Giving out loans nowadays are too risky, you can't expect too much in return of what is borrowed.
All the things we take and we decide must always have the risk of each like the two sides of the coin that can not be separated from each other, it is back again to us how far our ability to take advantage of the risks and risks that are present
Risks should not be taken advantage of, if possible we have to avoid the risk but since risk is inherent in investing like lending money then we have no choice but to take it but we should learn how to minimize it. Lending money could be profitable if you have a good strategy to manage your funds, of course that includes choosing your borrower and ensure that they have the willingness and the capacity to pay.
Loans of course are really risky, that's why there are so many bad debt that can't cover and the goverment have no way to solve it.
Loan is very risky in terms of financial status. There should be an assurance that it will be paid off, by showing financial statements. Still it's very risky because of it can be manipulated.
The loans is very risky because if we can not afford it then our assets will be confiscated, many people who regret because of join the loan, I suggest that we should rely on help from others than loans.
That depends on the type of loan, for micro loans you do not need to provide a hard collateral so the risk is high for those who run the business. Risk factor is always present so if we borrow money and we offer collateral, we need to make sure we comply with the agreement so our reputation is good and we can get back our collateral without a problem.
I know that people give out loans but what's up with people no returning what they borrowed?? I want to know this because I might give out loans myself and I want to know what to watch out for... I have ~800 BTC at the moment and would it be a bad idea to start loaning? I bought my BTC back in 2010 mid August January(when it was about $0.07 per BTC) and I noticed the price went up a ton! Also what would be some other way to grow my BTC? Any ideas on what I should do?
Something I should have added my friend was doing something you guys call "mining" I am very knew to the bitcoin world even though I have had them for a long time. I bought these bitcoin from him because he needed to sell them, my financial advisor has told me that the longer I wait the more return I would get so I told him hold the account for 5 years and ill see where I am... So last July I had gotten my account back, did a bunch of research then found you guys. So I came here to post a few posts and for everyone skeptical this is the proof https://gyazo.com/ee99cef712e9b72f03a3e8e870c33624
Something I should have added my friend was doing something you guys call "mining" I am very knew to the bitcoin world even though I have had them for a long time. I bought these bitcoin from him because he needed to sell them, my financial advisor has told me that the longer I wait the more return I would get so I told him hold the account for 5 years and ill see where I am... So last July I had gotten my account back, did a bunch of research then found you guys. So I came here to post a few posts and for everyone skeptical this is the proof https://gyazo.com/ee99cef712e9b72f03a3e8e870c33624
What's for being so much worried about loans, mining or whatever? If I were you, and I have 800 BTC at my wallet, I won't worry so much about giving loans and putting interest on it, but, rather I would build a business worth millions that can make a huge profit over time. As they said, giving loans are too risky because there is no guarantee of returning it back specially in bitcoin world. Then stop thinking about giving loans, you have a lot of money, and it is so much enough for you to have a more stable life.
The loans is very risky because if we can not afford it then our assets will be confiscated, many people who regret because of join the loan, I suggest that we should rely on help from others than loans.
All the things we take and we decide must always have the risk of each like the two sides of the coin that can not be separated from each other, it is back again to us how far our ability to take advantage of the risks and risks that are present
Risks should not be taken advantage of, if possible we have to avoid the risk but since risk is inherent in investing like lending money then we have no choice but to take it but we should learn how to minimize it. Lending money could be profitable if you have a good strategy to manage your funds, of course that includes choosing your borrower and ensure that they have the willingness and the capacity to pay. Jump to: