Post
Topic
Board Bitcoin Discussion
Re: Would You Ever Take Out a Loan in Bitcoin?
by
pooya87
on 11/06/2015, 14:57:53 UTC
Hey Bitcoin Community! Essentially, I would like to know if you would ever consider taking out a loan in bitcoin? If you have previously taken out a loan, please share your experiences! What were the pros and cons, and what would you improve? Thanks  Smiley

i have never taken a loan in bitcoin and i don't think i would ever do that. the bitcoin price is so volatile that can change any minute which makes taking a loan in BTC high risk (for me!)

but i think the main reason for me was that i have never needed any amount of bitcoin that i already didn't have in my wallets.

i was thinking about giving out loans myself but the loan section is full of people doing that right now so i think there is no place for new blood Smiley