Author

Topic: Looking for advice to start lending coins via BTCtalk (Read 513 times)

full member
Activity: 153
Merit: 100
Hey guys,
I've been a long time browser of the site and just recently joined.
I'd like to start investing my BTCs via short term lending.

Please share your tips for the safest way to do this and not get scammed Smiley

Thanks!!

You can invest your BTC in securities or some gambling site (not gamble) which is much better then lending.
full member
Activity: 238
Merit: 100
it's not worth the risk imo. chances are high that you still lose coins if you have to sell the collateral.
legendary
Activity: 2590
Merit: 2156
Welcome to the SaltySpitoon, how Tough are ya?
Collateral is the only protection you can get, and sometimes even that isn't good enough. NEVER accept ID or personal info as collateral. You want something you can sell for BTC right after they default. Always think of a loan as a sale, if you wouldn't buy their collateral from them, don't take it as collateral.
full member
Activity: 147
Merit: 100
Hey guys,
I've been a long time browser of the site and just recently joined.
I'd like to start investing my BTCs via short term lending.

Please share your tips for the safest way to do this and not get scammed Smiley

Thanks!!
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