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Re: When is it useful to borrow bitcoin?
by
eduardoariasmoreno
on 15/06/2016, 14:41:39 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.

he is asking for borrow mate, hehehe, im sorry for the correction.

Youre right dont borrow is better.

The Btc is groing and the alcoins not that much, so if you borrow with altcoin collateral you can have big loses...

Greetings.