Post
Topic
Board Bitcoin Discussion
Re: Would You Ever Take Out a Loan in Bitcoin?
by
Xenoph0bia
on 11/06/2015, 17:54:30 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



no.. i try not to do the loan thing. .. don't front.. if you do and you dont get paid back then you lose both your money and your customer. thats your fault.

Yeah.. It is better to stay away from loan in bitcoin as it sounds risky. Trading is better option as compared to taking a loan as trading can earn you profit if you sell at a right time then you can gain something really great in quick time but when it comes to loan in bitcoin you have a fear of loosing your money.