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Re: When is it useful to borrow bitcoin?
by
Dwelach
on 14/06/2016, 14:40:39 UTC
When is it useful to borrow bitcoin? Considering that it is really hard to get a loan here on this forum even with escrow, and the plentiful amount of scammers floating around here, is there really a great reason to even bother getting a loan here? I mean unless you're flat broke I could understand but even still it's an uphill battle. It's way easier to take out a cash advance in an emergency. I suppose if you're dealing with a trusted borrower and trustworthy escrow you may have a chance in obtaining your funds. Other than that, it can be difficult for a scam-less transaction to take place.
The best moment to buy bitcoins is allways in the drop because the coin will always rise so i dont think this is the best time to buy them maybe more to sell them.