Post
Topic
Board Trading Discussion
Re: Bitcoin Loaning - Is it worth it?
by
DaddyMonsi
on 02/08/2015, 16:47:05 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.

ask ManyProofs  Grin
this guy now have a strong fan base and he is known as a "pro lender"  Grin

seriously lending is a good part time business but one needs to be choosy as to who will get the loan and I strongly suggest to follow the no collateral, no loan rule