Post
Topic
Board Trading Discussion
Re: Bitcoin Loaning - Is it worth it?
by
eternalgloom
on 17/08/2015, 05:38:59 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.
It's profitable if you know what you're doing and avoid giving out risky loans without collateral.
Be sure to read the sticky posts in the lending section before you start giving out loans to other members.