Pages:
Author

Topic: Loans too risky? - page 30. (Read 67099 times)

hero member
Activity: 826
Merit: 1004
April 26, 2017, 09:38:05 PM
0.07$ you sure or you simply making up some story. And also if you have still saved your bitcoin you are a millionaire , then why do you simply wanna give people loan with a risk of return. Just sell half of your bitcoins and enjoy your life until the price reaches 5000$ or start any business rather than wasting your bitcoin.
hero member
Activity: 1190
Merit: 500
April 26, 2017, 07:17:14 AM
Loans are very risky if you are asking me, you really need to trust the person to be sure that you can loan them bitcoins, if you didn't pay it when the days come that you really told that you are going to pay it may destroy your image if that people you barrowed money is impatience he will talk about your back and then will not give you second chance
Lending money to someone would be risky if you did not ask for collateral to him. Then ask for a collateral so that the risk is not too great and that the guarantee can compensate when they do not pay
sr. member
Activity: 301
Merit: 250
April 26, 2017, 06:00:12 AM
there is no doubt about this that loans are too risky, because no one know know that what is going to happen to the price of bitcon either its price will increase or decrease,  And by granting a large loan must take a pledge that exceeds the cost of the loan. And still need to do everything right from a legal point of view, to conclude an agreement
Its not risky if the borrower will provide you a god collateral you must check what collateral he is offering it can be risky if the collateral is altcoin because there are possibilities the price will dump.

It is not risky only in the case of a reliable collateral that does not depreciate over time.
sr. member
Activity: 952
Merit: 250
April 26, 2017, 05:40:10 AM
there is no doubt about this that loans are too risky, because no one know know that what is going to happen to the price of bitcon either its price will increase or decrease,  And by granting a large loan must take a pledge that exceeds the cost of the loan. And still need to do everything right from a legal point of view, to conclude an agreement
Its not risky if the borrower will provide you a god collateral you must check what collateral he is offering it can be risky if the collateral is altcoin because there are possibilities the price will dump.
sr. member
Activity: 643
Merit: 263
#SWGT PRE-SALE IS LIVE
April 26, 2017, 04:45:34 AM
~snip~
Yes loan is indeed risky that is why collateral works in here, If someone asking for loan and didn't have any collateral then say nope.
about your screenshot I would not just believe you holding 800BTC since it is just a screenshot atleast it is a your btc address with sign message I may believe you
hero member
Activity: 630
Merit: 500
April 26, 2017, 04:19:41 AM
Loans are very risky if you are asking me, you really need to trust the person to be sure that you can loan them bitcoins, if you didn't pay it when the days come that you really told that you are going to pay it may destroy your image if that people you barrowed money is impatience he will talk about your back and then will not give you second chance
Therefore if someone borrows money to you, you must give a condition that is a collateral that has a higher price so when they do not pay you still get a profit from that collateral
Collateral is a must, and most of the time the offered collateral is the forum account here in bitcointalk. That is why most of the users who can get loan is the higher rank and no newbie can get a loan.
That is why loan is very risky method to earn bitcoin, much better to give loan personally which you know the person who applying and you can chase them if they do not pay.
hero member
Activity: 994
Merit: 544
April 26, 2017, 04:06:23 AM
all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk.  much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.

Why all kind of transactions would be so risky. If you wish to manage a risky transaction means have one trusted escrow in all your trades. If you looking for the best loaning site. I will suggest you try the lending service in the BTCjam site. Here all the loan application will be filtered with the proper documents which do more than bank check. Therefore, you can trust this service.


BTCjam got most scammer on this site, don't even lend your money through this site. All those documents can be faked, and you will lose money for sure in the longer run. You can be successful in this lending business only if you hold collaterals by yourself or any trusted escrow otherwise just keep your coins with you. Over the time you can make some decent profit from BTC price appreciation.

There are already many victims of scammers in BTCjam and some even placing with valid documents they still do not pay and you will have a hard time getting back your bitcoin since they are very far from your place. If you ask my opinion, do not invest in BTCjam instead do some trading of just wait for the price of bitcoin to increase so you can enjoy profit from your bitcoin.
sr. member
Activity: 476
Merit: 250
April 26, 2017, 03:52:12 AM
Loans are very risky if you are asking me, you really need to trust the person to be sure that you can loan them bitcoins, if you didn't pay it when the days come that you really told that you are going to pay it may destroy your image if that people you barrowed money is impatience he will talk about your back and then will not give you second chance
Therefore if someone borrows money to you, you must give a condition that is a collateral that has a higher price so when they do not pay you still get a profit from that collateral
newbie
Activity: 5
Merit: 0
April 26, 2017, 03:06:01 AM
there is no doubt about this that loans are too risky, because no one know know that what is going to happen to the price of bitcon either its price will increase or decrease,  And by granting a large loan must take a pledge that exceeds the cost of the loan. And still need to do everything right from a legal point of view, to conclude an agreement
newbie
Activity: 3
Merit: 0
April 25, 2017, 10:40:38 PM
Loans are very risky if you are asking me, you really need to trust the person to be sure that you can loan them bitcoins, if you didn't pay it when the days come that you really told that you are going to pay it may destroy your image if that people you barrowed money is impatience he will talk about your back and then will not give you second chance
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
April 25, 2017, 09:03:13 PM
Honestly it's hard to evaluate how valuable that collateral you are holding, I would also not gonna lend online
because I don't know how to do if safely and successfully. I've seen some who are making their journey successful but I don't think it will happen to me.
Everything has value, especially when you see it fit and probably, that's what matters. If they can put you up for it and see if its worth to give you a loan. It's not just an easy task to hold because after accepting the loan, what are you going to do with the money, how would it help you earn more?
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
April 25, 2017, 09:02:18 PM
all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk.  much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.

Why all kind of transactions would be so risky. If you wish to manage a risky transaction means have one trusted escrow in all your trades. If you looking for the best loaning site. I will suggest you try the lending service in the BTCjam site. Here all the loan application will be filtered with the proper documents which do more than bank check. Therefore, you can trust this service.


BTCjam got most scammer on this site, don't even lend your money through this site. All those documents can be faked, and you will lose money for sure in the longer run. You can be successful in this lending business only if you hold collaterals by yourself or any trusted escrow otherwise just keep your coins with you. Over the time you can make some decent profit from BTC price appreciation.
Honestly it's hard to evaluate how valuable that collateral you are holding, I would also not gonna lend online
because I don't know how to do if safely and successfully. I've seen some who are making their journey successful but I don't think it will happen to me.
It is very hard for an average person to be successful in this business because you can't assure that all of the lenders will be good to you and they pay you back once you give your money. If you want to be successful in this business you need to build reputation and awareness for the possible things to do when doing that business because scammers are getting smarter every time.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
April 25, 2017, 08:58:57 PM
all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk.  much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.

Why all kind of transactions would be so risky. If you wish to manage a risky transaction means have one trusted escrow in all your trades. If you looking for the best loaning site. I will suggest you try the lending service in the BTCjam site. Here all the loan application will be filtered with the proper documents which do more than bank check. Therefore, you can trust this service.


BTCjam got most scammer on this site, don't even lend your money through this site. All those documents can be faked, and you will lose money for sure in the longer run. You can be successful in this lending business only if you hold collaterals by yourself or any trusted escrow otherwise just keep your coins with you. Over the time you can make some decent profit from BTC price appreciation.
Honestly it's hard to evaluate how valuable that collateral you are holding, I would also not gonna lend online
because I don't know how to do if safely and successfully. I've seen some who are making their journey successful but I don't think it will happen to me.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
April 25, 2017, 08:50:31 PM
all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk.  much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.

Why all kind of transactions would be so risky. If you wish to manage a risky transaction means have one trusted escrow in all your trades. If you looking for the best loaning site. I will suggest you try the lending service in the BTCjam site. Here all the loan application will be filtered with the proper documents which do more than bank check. Therefore, you can trust this service.


BTCjam got most scammer on this site, don't even lend your money through this site. All those documents can be faked, and you will lose money for sure in the longer run. You can be successful in this lending business only if you hold collaterals by yourself or any trusted escrow otherwise just keep your coins with you. Over the time you can make some decent profit from BTC price appreciation.
You can try to find users through our forum rather than getting trapped by other such service providing websites. Importantly through our forum lending services you can find the interested person and transact based on the trust rate with the help of an escrow. This will benefit both of you.
klf
legendary
Activity: 1344
Merit: 1000
April 25, 2017, 08:31:08 PM
all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk.  much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.

Why all kind of transactions would be so risky. If you wish to manage a risky transaction means have one trusted escrow in all your trades. If you looking for the best loaning site. I will suggest you try the lending service in the BTCjam site. Here all the loan application will be filtered with the proper documents which do more than bank check. Therefore, you can trust this service.


BTCjam got most scammer on this site, don't even lend your money through this site. All those documents can be faked, and you will lose money for sure in the longer run. You can be successful in this lending business only if you hold collaterals by yourself or any trusted escrow otherwise just keep your coins with you. Over the time you can make some decent profit from BTC price appreciation.
sr. member
Activity: 364
Merit: 250
April 25, 2017, 07:33:58 PM
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


All kinds of transactions are all risky when you don't possess enough knowledge like loaning. But sir, I still feel shocked and amazed that you own BTC800. This is the first time that I've seen an account that holds a huge amount of bitcoin. If I were you, I won't pursue loaning and I will just continue to hold that precious amount of bitcoins.
legendary
Activity: 1372
Merit: 1005
April 25, 2017, 09:45:33 AM
all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk.  much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.

Why all kind of transactions would be so risky. If you wish to manage a risky transaction means have one trusted escrow in all your trades. If you looking for the best loaning site. I will suggest you try the lending service in the BTCjam site. Here all the loan application will be filtered with the proper documents which do more than bank check. Therefore, you can trust this service.
sr. member
Activity: 714
Merit: 252
April 25, 2017, 09:39:35 AM
Wow you got BTC 800 ? The question is why you even bother to give out loans. Is it for few interests that you will get in return? If you have that much money then I don't think you even need to do that. Why not to put your bitcoins into some real world business to get passive income. Loan business is very risky as everybody here suggesting and it is even risky over the internet where people once lost will never found. :-)

It is better your money into mining if you still want more bitcoins. For mining we have forum section names as trading discussion. You can visit that one to know more about mining stuff which is explained in detail.
sr. member
Activity: 392
Merit: 250
April 25, 2017, 09:35:16 AM
all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk. 
Safety is always better than trust in the dictionary of lending. One must take all the required safety steps before giving out loans rather than throwing loans just by building trust.

much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.
Altcoins can be fascinating but what I guess if OP has patience to retain bitcoins back from 2010 then its all better to leave them in bitcoin for few more years and he will surely earn better.
hero member
Activity: 910
Merit: 550
April 25, 2017, 09:27:26 AM
all kinds of transaction is risky all you need to do is to trust the other one. as long as you're willing to take the risk and you know how to manage it you can take all kinds of thing will happen to you that's the only way you can minimize the risk.  much better if you're gonna buy other coins like altcoins there's a lot you can do than loans.
Pages:
Jump to: