Post
Topic
Board Service Announcements
Re: [ANN] BTCJam - Peer to Peer Bitcoin Lending
by
chixka000
on 04/07/2016, 06:39:56 UTC
i am planning to invest some of my btc amount in btc jam but after reading some comments it makes me realize to think more about this service what do you think is it a bad idea to invest in btc jam right now? because i have seen them partnering one of the trusted  btc wallet in our country thats why i was encouraged to invest some amounts.

Just hodl your coins right now. The halvening is coming, and there is no telling what is going to happen, so you may lose more than you gain because the loans are based on btc price at time of lending, so whatever earnings you get or don't get are based on that set price at the time. bad idea, imo, not now anyhow. Plus, they selectively ignore customers with problems. Good luck.


Well thank you for the advice i hold on to that even if i have a very tiny amount of bitcoin
Right now . I guess i am just going to keep earning and hold it for now