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maxitdev

Would you lend in cryptocurrency?

Would you lend in cryptocurrency?  

328 members have voted

  1. 1. Would you lend in cryptocurrency?

    • No
      129
    • Yes, in BTC
      141
    • Yes, in ETH
      30
    • Yes, in stablecoins
      34
    • Yes, in Maxit
      4
    • Yes, in Libra
      7
    • Yes, in other cryptocurrency
      35


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I will never lend cryptocurrency to someone as bitcoin market is very volatile, we will face losses and will never recover from this.

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On 10/17/2019 at 5:33 PM, 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)

Libra is dead coin and I won't invest in it. And I am happy that I would be very happy if I got loan.

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No, I don't have any plans to lend cryptocurrency all i want is to earn and make some profit in cryptocurrency.

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No ....I terms of these digital coins...I won't take any risk of losing either my digital money or my Fiat money by lending to others or borrowing from other because I believe that at present for me it's good to just accumulate coins from faucets.

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Recently i joined on yoda token airdrop and it's native token of yobit exchanger. That's why i got the token on my account investbox. Everyday i get 1% profit of my total amount. It give me everyday free profit. I am happy with that.


 

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No, I do not lend to anyone except the closest relatives from whom I will not need to beg them to return the debt to me, in cryptocurrency you may not be able to return these funds at all.

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Of course, I would not have any problems, I would have a certain clear interest, also depending on whether he is a close friend or a relative, but if he is someone unknown, I find it difficult.

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Yes, it is possible to start with digital currencies that are an alternative to the recognized traditional currencies that are traded in international banks, but their advantages are limited

As for digital currencies from now on, they have become competitive with the rest of the traditional currencies, such as Bitcoin.

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I think not, now even if there are such services that make such loans, many scammers will use this and not return the money. It is better not to risk until the cryptocurrency is accepted by most of the countries of our planet.

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On 10/17/2019 at 2:33 PM, 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)

i'm already doing this, i'm lending my ethereum and DAI thanks to DeFi platforms. the ethereum blockchain offers this opportunity because of their smart contracts so you can be sure that you will always receive your money.

but i would not lending other than DeFi

 

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I do not prefer the way of loans to earn money, rather I prefer trading and making a daily profit, and this daily profit may be much greater than the return on the loan.

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I would rather give fiat money than crypto currency. Because the value of it is volatile, we never know when its gonna fluctuate and since you lend it, what are the chances that they are gonna give it back on right timing? I better keep it for future profits.

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Not doing it, because there are already a lending platform where people can borrow some assets in their platform, which I recommend to do. And I also don't want to give some loans to other people. They better use their own money, or their savings, than make a loan or something.

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The problem with loaning out money or crypto, is that you have to put trust that the borrower will actually pay you back in time. If the collaterals are instantly provided in case of delay, and they can be easily liquidated then it would be a good deal. Although still you'd have to put trust into some centralized platform. Defi is looking into decentralizing these financial instruments but right now they have major flaws even in their code, so it is impossible to trust this tech, at least for now.

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I don't know what loan but i will prefer to use stable coin and the huge coins in the market bith in all thing that qhat i know...

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Yes I would let somebody borrow my cash in BTC or Libra.Libra is cool as i deem i will manipulate it in all places without any afraid.If i had capital a a small number of months back at that moment confidently i would let somebody have temporarily in BTC too

 

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As for me I can't lend anyone or company my cryptocurrency even when they promise to pay an interest never because anything can happen in crypto and its not even advisable to borrow some crypto for investment as you do not no either you will really make an interest or meet scamer and last time a friend was asking me to borrow him $1 of bitcoins so that he can invest in a double bitcoin investment site and pay me back my $1 with interest but I refused because I know that those sites are scams and I was not going to help him in any way as he was going to remain with nothing from what he borrowed but only my credit of $1 and it was going to be hard for him to pay back... and I was the one who was going to lose my crypto in the way of wanting an interest..this is just an example of how borrowing can affect you its not good at all.

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Of course not, it is very risky and can cause problems to both borrower and lender for cryptocurrency tends to fluctuate often, price changes fast and yes you may lend it now but what if the coin does have a pump up? and your coin is not in you but in the borrowers wallet, how will you maximize your assets? so better to have full control of your money than lending it and losing opportunities

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No,never do that. Lending is risky,there may be advantages but the risks involved with it is can be regretful crypto market is very much volatile so while arbitragers try to make a profit out of it. The lenders/borrowers might suffer a set back if the money repaid/borrowed has dipped throughout the day

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No i don’t think so.  If you want to earn money by taking loan its too much risky. If you lost money YOU can't overcome from it. So i think its very stupid idea.          

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I do not prefer this method of making money, the returns may be guaranteed, but they are very little and I prefer to trade instead of interest from loans

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Ethereum

- Stablecoin (please tell us in which)

- Libra

- Maxit (https://maxicreditc

Ethereum
- Stablecoin (please tell us in which)
- Libra
- Maxit (https://maxicreditc

Ethereum
- Stablecoin (please tell us in which)
- Libra
- Maxit (https://maxicreditc

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Existing because I do not make bold preparations in the service Learner loans that, in the form of crypto, American glory are combined with others.  Impressive for password cracking, the significance is determined every time of the day that the cryptography room happens accidentally, the existing stream closet is damaged, each ing so low on infants, the uniform guess that calls for a blood-believable binding.

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