Post
Topic
Board Trading Discussion
Re: Bitcoin Loaning - Is it worth it?
by
aso118
on 29/07/2015, 00:58:47 UTC
Hi,
So something I've been thinking about is lending Bitcoin. For me to conduct trades over Bitcoin Talk, I usually ask the other party pays first (which usually means the trades fall through).
  • Is it actually profitable?
  • Will I get scammed to death?
Cheers.

If you have to lend, start with only collateralized loans is my advice. Do not be greedy.
Otherwise, you definitely will get scammed to death.