I have lent some money to HaoBTC. The interest rate is about 8%. It is not high, but I get some income.
thats a really big profit to be honest though i dont like lending my money because i think it might be not safe at all and i dont like risking my money
Topic: Loans too risky? - page 57. (Read 67101 times)
The beauty about the loan business - is the collateral part where you know your risk is off-set if something does bad happen.
But if youre sloppy and dont care for small details that make a big outcome of your collateral - then youre not obviously fit for it.
But if youre sloppy and dont care for small details that make a big outcome of your collateral - then youre not obviously fit for it.
Well most of the opportunities of lending are without collaterals sadly ^^'
It is really going to be hard if you are going to lend someone without any collateral at all because how you are going to be assure that your borrower is going to pay you instantly without any collateral unless you are going to have some paper requirements that are going to give your information to the lender, well it is really risky at all.
Haha. You made me laugh with that and it is the truth. Why would someone do that. Even if you got a lot of trust with guy there is this called scam now. Yeah that certain "word" is created for those who are greedy and wants to earn something without breaking any sweat.
The beauty about the loan business - is the collateral part where you know your risk is off-set if something does bad happen.
But if youre sloppy and dont care for small details that make a big outcome of your collateral - then youre not obviously fit for it.
But if youre sloppy and dont care for small details that make a big outcome of your collateral - then youre not obviously fit for it.
Well most of the opportunities of lending are without collaterals sadly ^^'
It is really going to be hard if you are going to lend someone without any collateral at all because how you are going to be assure that your borrower is going to pay you instantly without any collateral unless you are going to have some paper requirements that are going to give your information to the lender, well it is really risky at all.
I have lent some money to HaoBTC. The interest rate is about 8%. It is not high, but I get some income.
thats a really big profit to be honest though i dont like lending my money because i think it might be not safe at all and i dont like risking my money
The beauty about the loan business - is the collateral part where you know your risk is off-set if something does bad happen.
But if youre sloppy and dont care for small details that make a big outcome of your collateral - then youre not obviously fit for it.
But if youre sloppy and dont care for small details that make a big outcome of your collateral - then youre not obviously fit for it.
Well most of the opportunities of lending are without collaterals sadly ^^'
The beauty about the loan business - is the collateral part where you know your risk is off-set if something does bad happen.
But if youre sloppy and dont care for small details that make a big outcome of your collateral - then youre not obviously fit for it.
But if youre sloppy and dont care for small details that make a big outcome of your collateral - then youre not obviously fit for it.
I have lent some money to HaoBTC. The interest rate is about 8%. It is not high, but I get some income.
thats a really big profit to be honest though i dont like lending my money because i think it might be not safe at all and i dont like risking my money
I have lent some money to HaoBTC. The interest rate is about 8%. It is not high, but I get some income.
thats a really big profit to be honest though i dont like lending my money because i think it might be not safe at all and i dont like risking my moneyHe will not lose it if he have a good collateral for the loan. Even if the person run away with the bitcoin, the collateral will cover for the loss. But I think, 8% interest is still low. Maybe 10 to 15 percent is a good interest.
Yes loans are risky but you can end up with good returns if you go with good plan (something which is called calculated risk). Don’t expect each and every bitcoin you lend will be repaid to you, but if you can manage to have balanced position then you can cover losses of high risk investments from the returns of mid or low risk investments returns. As rule of thumb says ‘low risk, low returns & high risk, high returns’ you should enter in both with a concrete plan and detailed research. Albert Einstein once said, compound interest is man’s greatest discovery.
I think the most important thing is making sure you are compensated somehow via collateral. If they can give you something in return thats more valuable than the amount of money they borrowed, then loans are likely to be repaid. Giving out loans without collateral in return or without creating a lot of rules behind who can obtain loans will mean that you'll definitely get scammed eventually
If the individual get this without having a stable income and good planning, the situation becomes very risky indeed.
I have lent some money to HaoBTC. The interest rate is about 8%. It is not high, but I get some income.
thats a really big profit to be honest though i dont like lending my money because i think it might be not safe at all and i dont like risking my moneyHe will not lose it if he have a good collateral for the loan. Even if the person run away with the bitcoin, the collateral will cover for the loss. But I think, 8% interest is still low. Maybe 10 to 15 percent is a good interest.
I have lent some money to HaoBTC. The interest rate is about 8%. It is not high, but I get some income.
For me it is somehow it is a good amount of rate, and of course you don't have nothing to do but to lend your bitcoin and going to wait for the interest rate and return of your bitcoin. That's a fair enough rate to lend your bitcoin to HaoBTC.
Those are the risks one should take if they want to grow bitcoins over the time. All investments will come with certain risks so we need to chose what we want it. If you worried about price fluctuations, then you can start a lending partial quantity of your bitcoins and rest can keep for selling whenever you want. But remember not to lend anyone without a proper collateral.
I have lent some money to HaoBTC. The interest rate is about 8%. It is not high, but I get some income.
thats a really big profit to be honest though i dont like lending my money because i think it might be not safe at all and i dont like risking my moneyI have lent some money to HaoBTC. The interest rate is about 8%. It is not high, but I get some income.
thats a really big profit to be honest though i dont like lending my money because i think it might be not safe at all and i dont like risking my moneyI have lent some money to HaoBTC. The interest rate is about 8%. It is not high, but I get some income.
thats a really big profit to be honest though i dont like lending my money because i think it might be not safe at all and i dont like risking my moneyI have lent some money to HaoBTC. The interest rate is about 8%. It is not high, but I get some income.
thats a really big profit to be honest though i dont like lending my money because i think it might be not safe at all and i dont like risking my money 
I have lent some money to HaoBTC. The interest rate is about 8%. It is not high, but I get some income.
For me it is somehow it is a good amount of rate, and of course you don't have nothing to do but to lend your bitcoin and going to wait for the interest rate and return of your bitcoin. That's a fair enough rate to lend your bitcoin to HaoBTC.
That is nice rate but for me it is not enough, I do not lend money for interest, as I do not want to get lesser amount, yes that rate is lesser for me, I will start a business with my money and there I will earn much better then I will not need any 8% but I will earn more than 100%, I am working for that and sooner I will have my own business.
I never loan money, and I never will. For anything!
Even when I`m forced to loan, I go to very close people and I arrange right away how will I return it, which day, or month..Everything to be precise!
This is like saying, "I don't ask for loans and never will, but then again I get loans from my friends every now and then." The first one was you're saying that you don't get loans and then the latter says that you just arrange to your friends how will you return the money when you're getting a loan from them. Seriously, what do you even mean?It is very important if you are going to borrow money from someone to sign for a contract. That is the risk of borrowing or lending money to someone you are trusting, because even if you are trusting them they can still do something that is not written on your contract. So, it is very risky for borrowing or lending loan.
I have lent some money to HaoBTC. The interest rate is about 8%. It is not high, but I get some income.
For me it is somehow it is a good amount of rate, and of course you don't have nothing to do but to lend your bitcoin and going to wait for the interest rate and return of your bitcoin. That's a fair enough rate to lend your bitcoin to HaoBTC.
I must say that loans can be risky. I suggest you only take a loan when you buying something that you really need. And if you are sure that you will be able to pay it back. If this is not the case do not take a loan because it will mess up your life.
That is really going to be risky if you are going to do that way, that you are just going to take loans for buying your wants not your needs.
Because for me, loans are just used for emergency uses and for investing uses. But with that kind of use it is really going to be risky.
No assurance of return.
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