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.
there always exists a chance of getting scammed in every trade that you make. the only thing that you can do is to reduce the risks as much as you can.
for example when you want to trade anything with bitcoin you can use a trusted escrow service, or when lending bitcoin you should ask for a valid collateral.