Would you lend in cryptocurrency?

[seriousguywithfunnypants 266]

I am big on SNX, LIT, and WAN. All of them are Proof of Stake coins and will provide me a life-time passive income!

For the ones who wonder those, please check out the SNX' price chart. 😉

[duncun007 3577]

thats tricky because of volatility so either the loan is fixed to certain amount say borrowed 0.1 with 10% interest so i pay back that amount no matter whats the price of bitcoin when u took the loan or paid it back, thats definitely not stable or fair for both sides

[Cryptohash 702]

10 hours ago, maxitdev said:

Would you give a loan to borrowers in cryptocurrency?

If yes, in which cryptocurrency:
- Bitcoin
- Ethereum
- Stablecoin (please tell us in which)
- Libra
- Maxit (https://maxicreditcompany.com/whitepaper.pdf)
- Other (please tell us in which)

Do not try to lend more loan the coin fluctuation is high. 

Stable coin like TUSD, USDT and DAI

I have lent one around 30 dollars in BTC alone.

There are more site which you to gain profit in good way like bondora and poloniex via lending is safe.

 

[s888 99]

i wil lend in the btc becoz it has future other crypto currencies has no future 90 of crypto currencies give loss and waste your investment only bitcoin has future and i can make you rich very short period

[Phash 143]

Yes, and I the loan will be in USD value of the coin I'm lending out in case of price drop. 

18 hours ago, maxitdev said:

If yes, in which cryptocurrency:

Mostly in USDT. I can also give it out in BTC or ETH. 

[Saqib Ali Sadiq 438]

off course i will lend in the crypto currency because i am holding the bitcoin, etherium and many other coins which are very useful and i am holding them for a long period of time so i am very happy with my holdings.

[Razer 17]

not because it will cause losses on my side, but if my income is greater then I will give a loan, because helping others is very good.

[WayOut 216]

Exclusively in BTC, since you do not know how much your payment is delayed, but in bitcoin the price does not fluctuate much. Profit for this situation - BTC

[Lupandina 17]

Yes, and I used to do it some time ago, pretty profitable. But it's a huge risk, I would say, gambling 🙂

Never would lend in stable coins. Better usual fiat with more warranties then... 

[salakka 76]

Just now, Lupandina said:

Yes, and I used to do it some time ago, pretty profitable. But it's a huge risk, I would say, gambling 🙂

Never would lend in stable coins. Better usual fiat with more warranties then... 

i know who you are, legend exchanger and silver rank. yess you too good to be true on gambling site.hope you always good luck

[Lupandina 17]

Just now, salakka said:

i know who you are, legend exchanger and silver rank. yess you too good to be true on gambling site.hope you always good luck

Thanks for kind words 🙂

[Ghetto workout 6263]

If I were to lend cryptocurrency, then most likely it would be stablecoins or would lend to a person who, in any circumstances, would be able to repay his debt.

[adriano2010 77]

If they are trusted and can give collateral then yes i could offer a loan in bitcoin if i will open that kind of business but not this year because i not have time. 

[MyThoughts 514]

Since cryptocurrency is money, it means that cryptocurrency can be borrowed and lended at the personal request of everyone.

[dhemasm 219]

It's depend to who i give lend and where i give it and of course with a valid collateral in case if dibccointalk (He can provide his account as collateral or other altcoins that enter the top 50 in cmc), Well, this is risky but if we are careful I think we can get some profit from the interest rate.

[s888 99]

i lwill lend in the alt coins becoz they are more profitable than the lending in btc the alt coins can give you 10x easily while bitcoin will give you such amount in the years and alt coins give you in months

[Naga 1250]

On 10/17/2019 at 2:52 PM, wingfield said:

It is very risky to give a loan in foreign currency, especially if it is a cryptocurrency, because the price fluctuations are very large and anyone can lose. I think the crypto market is not made to give someone a loan in BTC or ETH. I think it is best to borrow in the FIAT currency of your country. Why would anyone want to make a loan in cryptocurrencies when the risk is so high?

Thats correct because lets say I lent someone 1 btc at 10k and with 10% interest and when it was given back to be as 1.1 bitcoin the price was at 8k that means in lost 1k even with the 10% interest. 

[Saqib Ali Sadiq 438]

yes i lend in the crypto currency for the life time, this business is for the life time and i will earn from it until i become billionaire, then i will start other business and also get succeed in that business too.

[Naga 1250]

21 hours ago, Saqib Ali Sadiq said:

yes i lend in the crypto currency for the life time, this business is for the life time and i will earn from it until i become billionaire, then i will start other business and also get succeed in that business too.

Well thats a bad idea because you can't trust the crypto market will be pumping or dumping by the time you get the loan back so be careful buddy.

[Rg123 318]

On 10/17/2019 at 10:02 PM, susilabai said:

I will lend but for that i will need security for it just like in bitcointalk site they are giving loan on security base. This way we are safe from getting loss.

And also dont trust people to lend because there's a chance that you will get scammed and i agree with you to the security to secure your coins and not getting loss.

[Crypto123 0]

 I don't lend coins to someone I don't know him, but I can give some help to people in need with cryptocurrencies. Lending in this way is unsecured unless you know and trust the person.

[alicenora 144]

Yes I would lend my money in BTC or Libra.Libra is cool because i think i will use it everywhere without any afraid.If i had money a few months ago then surely i would lend in BTC too

[spyaquino 907]

I even paid a loan with cryptocurrency, it was not in BTC, but I used XLM, I remember that I had requested a certain amount for a cumpadre of mine and offered to pay in cryptocurrency as he is accepted by them, so I can already say that I used cryptocurrency for a conventional transaction in my life, and would squeeze yes without problems in cryptocurrencies.

[Emma 611]

It depends on the amount of crypto i have. if i had a lot of crypto then i would lend my crypto because it is safer than trading and i am earning a interest everyday. yes i would lend.

[wingfield 137]

On 11/4/2019 at 4:05 AM, Naga said:

Thats correct because lets say I lent someone 1 btc at 10k and with 10% interest and when it was given back to be as 1.1 bitcoin the price was at 8k that means in lost 1k even with the 10% interest. 

It depends on how you see things. Because if you want that when you get your BTC again, to redeem it in FIAT money, then yes, you are at a loss. But if you want to keep it, you don't lose anything, because even if you didn't borrow BTC, the BTC price would still fall.