Loans still risky method for both partners , because if you get the loan you have to make sure to pay it back with the interest in the exact date, and that's not available always for everyone. If you give the loan there is a risk you dont get your money back, even if you used escrow and get a collateral.
Loans are definitely risky. Especially if you are lending money from a dodgy company or source. If you are loaning money from a bank, then they can take possessions of yours. I would recommend not taking loans unless you are really desperate. 
Topic: Loans too risky? - page 47. (Read 67086 times)
Loans still risky method for both partners , because if you get the loan you have to make sure to pay it back with the interest in the exact date, and that's not available always for everyone. If you give the loan there is a risk you dont get your money back, even if you used escrow and get a collateral.
Most of the time if you give a loan, you have the advantage over those who ask a loan, and if you do not do it ( getting a collateral that was equal or should be higher than what was loaned) then the possibility that those who loan to run away is very high, and if you get a good collateral then they run or didn't pay you, then it's fine, you have a good collateral and it is yours now and it is in your decision to sell it and make profit...
if loan not risk
but your lending your bitcoin or your money is very high risk
but your lending your bitcoin or your money is very high risk
Loans still risky method for both partners , because if you get the loan you have to make sure to pay it back with the interest in the exact date, and that's not available always for everyone. If you give the loan there is a risk you dont get your money back, even if you used escrow and get a collateral.
yeah there are risks on both sides, but I think there is a greater risk to the lender. because the borrower will only earn interest while the lender may lose money when borrowers vague and did not pay their debts, so better use of high assurance
Loans still risky method for both partners , because if you get the loan you have to make sure to pay it back with the interest in the exact date, and that's not available always for everyone. If you give the loan there is a risk you dont get your money back, even if you used escrow and get a collateral.
yeah there are risks on both sides, but I think there is a greater risk to the lender. because the borrower will only earn interest while the lender may lose money when borrowers vague and did not pay their debts, so better use of high assurance
Loans are risky especially when you give them without using escrow nor valid collateral, or when you give a loan of a big amount.
Loans still risky method for both partners , because if you get the loan you have to make sure to pay it back with the interest in the exact date, and that's not available always for everyone. If you give the loan there is a risk you dont get your money back, even if you used escrow and get a collateral.
Loan if given to known person would be less risky as compare to given to unknown. Also if you use the escrow service or the middle man who know both the parties than it should be less risk and could be easily given.
Loaning means trust.
I don't have that in online businesses.
Giving money to people you do not know you will sooner or hit find a foul apple.
My guess is it will happen rather sooner than later.
I don't have that in online businesses.
Giving money to people you do not know you will sooner or hit find a foul apple.
My guess is it will happen rather sooner than later.
Never mind lending in the bitcoin world because there is no guarantee that you will be profitable with your business operation. Most of the collateral offered are just a certain account which does not equate the value of loans.
Some might pay but others will not bother, so in overall it is not profitable.
Some might pay but others will not bother, so in overall it is not profitable.
I also think that loans can be pretty risky sometimes but it depends most of the time on the situation that you are in. If you take a loan but you know that you can pay it back then no problem.
What I do not understand is when people take a loan to go out and gamble.
What I do not understand is when people take a loan to go out and gamble.
I have also seen that a lot when people take loan giving something as collateral and go for gambling without thinking that they might lose the amount in gambling without making any profits and then they wont be able to repay the loan and will lose their thing kept as a collateral.
Only place where I'd feel confortable lending BTC is on Poloniex to be honest.
For me if you really don't need to loan because your reason is just for your entertainment or anything that is not a valid reason for it. Then it is better if you are just going to keep quiet and you are not going to borrow anymore because that is just going to put you in debt after you enjoyed the money you borrowed when paying time is come.
Thats a good advice. As possible, lending is not a good idea unless it is very necessary to your needs. Its too risky to loans someone, whom yo know only i forum I mean no physical contact or meet each other.
I wonder why btcjam is in lending business and it seems they are ok, how much the payment rate?
Well starting a lending business is really hard enough because there are a lot of people that is going to make application just for you to lend them and if they are not going to pass your requirements or qualification you are going to reject them. And there are borrowers when they are rejected they are going to hate the lenders.
This things is really risky if you are going to invest or trade the whole 800 bitcoin ? in just two days hahaha possible that you are going to scam by some investment website because if you do invest half of your bitcoin well thats not a good idea try to gambling if you want too.
I can make 10% profit in two days, but not from whole 800 BTC, it is too much. So you have excellent opportunity to make good and fast profit from your Bitcoins. 
For me if you really don't need to loan because your reason is just for your entertainment or anything that is not a valid reason for it. Then it is better if you are just going to keep quiet and you are not going to borrow anymore because that is just going to put you in debt after you enjoyed the money you borrowed when paying time is come.
Thats a good advice. As possible, lending is not a good idea unless it is very necessary to your needs. Its too risky to loans someone, whom yo know only i forum I mean no physical contact or meet each other.
I wonder why btcjam is in lending business and it seems they are ok, how much the payment rate?
Well starting a lending business is really hard enough because there are a lot of people that is going to make application just for you to lend them and if they are not going to pass your requirements or qualification you are going to reject them. And there are borrowers when they are rejected they are going to hate the lenders.
I wonder why btcjam is in lending business and it seems they are ok, how much the payment rate?
It depends on the following factors:
1. The purpose for your funds - what do you want to do with the money - debt consolidation, big purchase, business loan, medical expenses, credit card refinancing etc.
2. Amount of BTC you want to borrow.
3. The term for your loan.
Based on this conditions interest rate is calculated and may vary.
I also think that loans can be pretty risky sometimes but it depends most of the time on the situation that you are in. If you take a loan but you know that you can pay it back then no problem.
What I do not understand is when people take a loan to go out and gamble.
There are no problem if you can pay it but what if not like you said that some people just making loan to gamble .Maybe that was their last chance to get some money to have and to gamble. That kind of people will dont have the right to make a loan in any especially if he doesn't have a job or a business to pay for his loan. What I do not understand is when people take a loan to go out and gamble.
I also think that loans can be pretty risky sometimes but it depends most of the time on the situation that you are in. If you take a loan but you know that you can pay it back then no problem.
What I do not understand is when people take a loan to go out and gamble.
What I do not understand is when people take a loan to go out and gamble.
For me if you really don't need to loan because your reason is just for your entertainment or anything that is not a valid reason for it. Then it is better if you are just going to keep quiet and you are not going to borrow anymore because that is just going to put you in debt after you enjoyed the money you borrowed when paying time is come.
Thats a good advice. As possible, lending is not a good idea unless it is very necessary to your needs. Its too risky to loans someone, whom yo know only i forum I mean no physical contact or meet each other.
I wonder why btcjam is in lending business and it seems they are ok, how much the payment rate?
For me if you really don't need to loan because your reason is just for your entertainment or anything that is not a valid reason for it. Then it is better if you are just going to keep quiet and you are not going to borrow anymore because that is just going to put you in debt after you enjoyed the money you borrowed when paying time is come.
Thats a good advice. As possible, lending is not a good idea unless it is very necessary to your needs. Its too risky to loans someone, whom yo know only i forum I mean no physical contact or meet each other.
I wonder why btcjam is in lending business and it seems they are ok, how much the payment rate?
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