Re: Investing Bitcoins?

I wanted to try BTCJam too, i just fear that they go away with what you invested :/

beware most people in btcjam using false identities and go after them to get loans. they will seek trust + first to gain confidence after that they will go and scammed you

yups always look their trust rating if you want to lend

I think the trust could be misused dude I had several times lent bitcoin to users who have high trust and they cheat me go with my bitcoin and did not return there are people who deliberately cultivate trust them so many other users who believe later when a certain time. He will lend larger bitcoin then go out

In my own opinion, lending business is not viable in bitcoins as it is anonymous and we can expect there are a lot of scammers in the community, if you are just lending with a little interest then the risk is higher, you better invest in bitcoins and hold, safer than lending.

Therefore collateral should be more valuable of money on loan.
If he doesnt pay back it means you can sell the collateral and get a bit of investment loans it

for the current situation maybe when you hold something as collateral is safe but i think the problem will come when the price of bitcoin down much, guarantee will not be able to cover your losses.

I think we need to invest in bitcoins now at its current price, we do not need to wait for the price to be down again as it will steadily increase in the coming days. Due to the halving effect, we will have a profit after the halving if we buy now with its current price.

Yeah because that is the main reason why are where are here we use bitcoins for the fact we want to earn money by it if we sont invest we cant get profit even though halving is coming it is not good idea there to wait and save if your holding only small amount of bitcoin because your long wait is not enough and your profit is only little, thats why ite better to invest so that we can earn more and more bits.