Would you lend in cryptocurrency?

[guatazoo 7150]

15 minutes ago, Jordranfarnesi 1122 said:

I don't want to use cryptocurrency to take orrow from others because crypto can face some specific hurdles for a long time with continuous loss of quality, so your credit and even your income may be very low or zero.

But if you lend in crypto, this is just an investment, because if you have mended 1 bitcoin and the returning amount wi be 1.04 bitcoin, your profit will be increased in bitcoin, no matter even if the bitcoin price has dropped.

[Babubu609 0]

37 minutes ago, Iamelneeno said:

I don't think giving out cryptocurrency as a loan is not a good thing because the inflation rates always changes and you really don't know if the lender will borrow you at the stipulated time or not.

That is true and without full confirmation about the stipulated time is a big risk at middle hour

[BrolySSJ 7899]

I think that lending is a good option because it comes with high interest rates and so you are able to multiply your investment relatively fast. It is the same as doing a fixed investment. Another thing that is very important and that we need to consider is that lending is risky and could result in losses, however i think that lending is a good way to make profits and there are many sites that are offering it now. I am doing it now with my earnings from this forum actually.

[Virgil dijk 1431]

For me I won't lend in cryptocurrencies, because the price are highly volatile, and it has an advantage and disadvantage, if you lend cryptocurrencies to a person by the time the person wants to pay back the price would have changed, it's either it's lower than the amount or it became high.

[jamesvince 2389]

I used three times lending platforms of crypto market unfortunately all three i got scam because all three projects gone from crypto market and my funds lost. Then after that i always stay away and try to make my own trading activities for little profit but never take part in any lending platforms. 

[Philippe2001 356]

I can loan cryptocurrencies in guaranteed projects that have a low profit rate
 and invest in cryptocurrency platforms that are very popular and that I can trust will not be closed.
Investors are booked on money

[Jaysen0104 536]

If i have funds to lend my cryptocurrency which is bitcoin just only for the trusted people. For example to my close friends and family that i know they didn't do bad things to me like scamming. Because i believe if you lend to unknown people there's a big chance that your funds will be scam and lost.

[Zaino34 0]

I don t like to use this method at all because we know that the price of digital currencies is constantly fluctuating because it is possible that the price will decrease or rise so we must not follow this method even to not get any losses in loans

[Treat1234 0]

14 hours ago, Philippe2001 said:

I can loan cryptocurrencies in guaranteed projects that have a low profit rate
 and invest in cryptocurrency platforms that are very popular and that I can trust will not be closed.
Investors are booked on money

Investors always look at the legit sides of projects especially if the platform is well trusted, you can easily used binance platform for lending facilities because they have a good policy for their lending strategy

[magd 5231]

I may offer a loan to investors in Ethereum, but if I make this decision, the person I will lend to must be reliable and live in my country so that I can collect my currency in case of any breach of the deal.

[iloveyobit 6599]

First, I think it is very dangerous to get a loan or give a loan to invest in Cryptocurrency because the field is not fixed and constantly fluctuating and you can lose your money.

[pablomarwan 3082]

If I have some currency, I can assure you that it is possible for me to lend some of it to whoever needs it, but according to what he wants, it is possible to give Bitcoin or eth. This is the most currency I deal with. If you want another currency, then this is possible because the price changes Currencies from time to time, and I mean, I will lend him a sum of money at the price of one of the currencies

[Zues 1069]

On 5/10/2020 at 7:24 AM, Philippe2001 said:

I can loan cryptocurrencies in guaranteed projects that have a low profit rate
 and invest in cryptocurrency platforms that are very popular and that I can trust will not be closed.
Investors are booked on money

Yes I think that you are right because instead in lending cruptocurrencies you can invest in some cryptocurrency platforms and I think that is great because you can earn money there because if you know that your investment is sure I think that you will earn

[Zues 1069]

4 minutes ago, Mohssine said:

Yes i i can do this , but not everyone , i just given for people how i know them , because if i give a loan for people i don’t know them, the can scam me , and i f they do this , i don’t have any way to recover my money , so i have to be careful. An if i do this will us bitcoin , because is the most coin i use.

Yes I think that you are right and reasonable because you should not just lend money on anyone here that you don't know becsuse they might try to take advantage of you and try to use you and steal your money which is not great 

[SuperCrypto 7193]

On 10/17/2019 at 3:33 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 do not like lending a lot, but I have had to do so. I prefer to use a popular currency like Bitcoin because it has a good future and may get back to me for profit. Instead of storing it, it is possible to lend it to friends. This coin will not lose its value.

[Rezort 846]

To my mind, borrow loan in cryptocurrency is the worst idea in the world just because it is simply bad to live on a borrowed money as well as taking it in crypto which can fall easily.

[CryptoLover21 0]

Cryptocurrency price always ups and down so it difficult to give a loan in cryptocurrency and it is risky loan is made for fiat currency user. Cryptocurrency like bitcoin and ethereum are made for investing trading from where we can get maximum profit. 

[Ridam 7455]

If i would get such borrow features then sure i would do on btc. Yes it sounds bad to take debt and invest in Crypto currency but i believe in technology and how to get benefits from it. So i would chose btc without any further delay.

[P A Ashif 2409]

The thing is it is very riskier to give loan to anyone a cryptocurrency. Because the price fluctuations are so frequent that if we lend some 5$ value crypto and when he returns it will be 2$. But in long terms like 10 years I can lend 

[TimopheyKa 3900]

I think so! I would have given a loan, and slowly would have received a payment, and additional interest. And in a couple of years, I would have a stock that I could invest, or sell, because suddenly what, and the bitcoin that I bought for 5 thousand dollars, will cost fifty !

[BTC Future 3946]

On 6/10/2020 at 1:25 PM, TimopheyKa said:

I think so! I would have given a loan, and slowly would have received a payment, and additional interest. And in a couple of years, I would have a stock that I could invest, or sell, because suddenly what, and the bitcoin that I bought for 5 thousand dollars, will cost fifty !

One problem is that right now with DeFi you can't loan Bitcoin. You have to sell your Bitcoin and buy altcoins which you can lend. With DeFi there are many risks, one being that altcoin prices are very volatile. This is the main reason I'm avoiding any DeFi lending.

[Honny143 13612]

Iam not sure take lending  good are bad in crypto currency, but I think if we take lending then don't prefer bitcoin, because bitcoin is most fluctuating coins so I prefer stable coins like doge ripple are usdt, because when we return back then prices is same and gives some extra to interest rate.

[hasan007 206]

I don't want to take risk. Because till now i don't have trust and also skilled to understand the behavior of the price. so, is seems to be tittle bit risky for me.

[Teminali69 1081]

I would but only for profit not for loss, so if i lend someone 1 bitcoin s/he should return that 1 bitcoin in the value of dollar at the time he took it.

[Yomose 3704]

Lending in crypto is risky, but if the person is on bitcointalk with full member to legendary account, he can be able to borrow, while anyone can lend the forum. Aside that, I do not think I can lend.