Would you lend in cryptocurrency?

[Moaz 7239]

Frankly, I do not prefer to use loans in cryptocurrencies, and I do not know how to use them as well, because it is an unsafe method according to my opinion, perhaps anyone needs if he wants to use the loan to do KYC to verify his identity

[Jamaloo 192]

No Since the idea of digital money is extremely unstable and the cost of development, for example, rooler napkin so loan the cash won't great alternative in such a case that you lost then the hazard will be multiplied that lost your cash and you need to pay your obligation

[Izeal 4404]

I think this cryptocurrency is not for lending because we don't know we will lose or gain it's more focused on luck. I always save some part of my income to cryptocurrency because to earn in crypto. you shouldn't have any fear you have to invest without any fear even if you lose.

[Young001 155]

Yes I will lend I out but only when I have confirmed that the person I am lending to I a wise investor and won't waste the currency in gambling. Cryptocurrency is not easy to come by so it is wise to give wisely.

[Solex 2262]

No and I said that because Cryptocurrency is very risky job which can easily make someone loss if he/she doesn't have good knowledge and experience about the field, with that I will suggest we all stay away from lending Cryptocurrency especially when you cannot afford the amount you want to take from someone.

[Yomose 3704]

On 7/8/2020 at 6:28 AM, Solex said:

No and I said that because Cryptocurrency is very risky job

Crypto is not a risky, it depends on how you are dealing with it, scammer, hacker and trading is very risky but those are also appliances to fiats, the real thing you can do is holding which I believe is not risky. 

[hasan007 206]

I am not interested because risky strategy. If i waste my time here and didn't get any money its so much painfull. 

[Tunuu 2235]

Yes i would, because they are very profitable and they can generate good profit to me and other people. I like to convert my btc in altcoins and invest them according to the market prices.

[Solex 2262]

7 hours ago, Yomose said:

Crypto is not a risky, it depends on how you are dealing with it, scammer, hacker and trading is very risky but those are also appliances to fiats, the real thing you can do is holding which I believe is not risky. 

Even the professional investors loss sometimes and for that I will say it is risky, we just have to make sure we acquire good experience about the field to avoid excess loss and I don't support lending crypto.

[Shayon360 45]

Lending online is too risky, people will misuse your cryptocurrency.because i don't have enough money for my self.otherwise, there are many conditions that crypto may face such as continuously lose Its value for a long time then your loan

 

[Anamul380 37]

I mean however the price in a coin is not exactly the same as for the current, coins like dodge or USD USD option are not other wise, because if you give someone 100 USD in BTC but they can give you back 30 USD in the same BTC they surprise you

[Yomose 3704]

On 7/7/2020 at 4:13 PM, Izeal said:

I think this cryptocurrency is not for lending because we don't know we will lose or gain it's more focused on luck. I always save some part of my income to cryptocurrency because to earn in crypto. you shouldn't have any fear you have to invest without any fear even if you lose.

You can lend and borrow, their are many sites that guaranteed that but I really much more prefer bitcointalk, there is a lending section there where established members can borrow. 

[Sarahden111 1231]

If I were to borrow, I would borrow currency at a medium or cheap price and enable me to trade in it and make profits from it. In the case of borrowing to others, I think that I will choose a fixed currency such as usdt in order to preserve the capital and in addition to the percentage that I will profit.

[Affect579 66]

I think that no one will take out a loan in cryptocurrency. Cryptocurrencies have too large fluctuations in price. And this is very risky, therefore it is easier to give in fiat.

[Poezdec 1]

I would like to be able to borrow in cryptocurrency, namely in stablecoins such as USDT and others. In other currencies, this would be dangerous, because the price of a currency can fluctuate a lot.

[maryoar 148]

A large number of people do not have the knowledge that money can be made by lending our cryptocurrencies! In fact, there are platforms that provide their service as mediators, for example Poloniex is one of the most popular platforms that exist in the market. In my particular I if I would lend my digital currencies, since with that I could earn commissions in return, the possibility of increasing my income with very little effort would be excellent, it would be like a source of passive income.

[ramonn22 731]

I think that we lure them with cryptocurrencies is very risky
Especially because they are not very stable if on the contrary they are stablecoins the issue of loans could be more viable if it is my way of seeing it
a big hello to everyone

[chehcr7 35]

depends on which cryptocurrency, some have such high volatility that even high interest rates will not cover losses at the time of calculation.  it is not profitable for those who borrow and for those who borrow

[Kron1749 63]

Yes, I would do this. Of course not in some unknown crypto, because its price can fall, but int BTC or some stablecoins I would. I think it's like giving credits in usual money, like USD or euro

[Rigamer 91]

In the past I have been loaned money in cryptocurrencies like btc. And in the same way I have also lent money in btc to friends. But now I don't think it will, maybe in USDT or some stablecoin

[ilkanyksl 1]

 

Of course, I would give the USD occasionally falls and rises, these same things do not lose their meaning when it is crypto money instead of banknotes.

[Jesika 225]

No, cryptocurrencies are very volatile suddenly or they go down, it is better to make loans in some stable currency, either Theter  o BUSD

[Salim2000 114]

I do not think that cryptocurrencies will die out, because they are in the beginning and will be the future. I advise everyone to enter this field

[Braulio Eurea 720]

Cryptocurrencies serve as a means of payment, accumulation of value and exchange, so it fulfills the functions of classic or fiduciary money, what to see if the other party agrees is to receive cryptographic currencies. Therefore if it would issue loans with cryptographic money because they have economic power.

[mildred27 317]

On 10/17/2019 at 8:33 AM, 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)

If you are able to lend in physical money, why not do it in cryptocurrencies?
I would be able to lend cryptocurrencies but to the same people who would lend money to a very close family and friends and the loan would be in Stablecoin UDDT since it is the Stablecoin that I usually use.