Quote from: batang_bitcoin on July 31, 2016, 02:11:29 PM

Quote from: Positid on July 31, 2016, 01:50:14 PM

Quote from: avw1982 on July 30, 2016, 01:23:38 PM

Quote from: X-ray on July 29, 2016, 11:34:02 AM

Quote from: batang_bitcoin on July 29, 2016, 10:36:28 AM

Quote from: Rastanan on July 29, 2016, 09:06:13 AM

I have lent some money to HaoBTC. The interest rate is about 8%. It is not high, but I get some income.

For me it is somehow it is a good amount of rate, and of course you don't have nothing to do but to lend your bitcoin and going to wait for the interest rate and return of your bitcoin. That's a fair enough rate to lend your bitcoin to HaoBTC.

you'll realize what's the meaning of "good amount of interest" when you just investing on HaoBTC and suddenly the price of bitcoin because so fluctuative and the value decreased,wasting time and wasting effort

I must say that loans can be risky. I suggest you only take a loan when you buying something that you really need. And if you are sure that you will be able to pay it back. If this is not the case do not take a loan because it will mess up your life.

Sometimes a person will only take a loan in desperate times but in most cases some takes a loan to buy their wants, for me that kind of actions is too risky because once you default your payment amortization you will have to pay the interest together with the penalty which will give another problem.

That is really going to be risky if you are going to do that way, that you are just going to take loans for buying your wants not your needs.
Because for me, loans are just used for emergency uses and for investing uses. But with that kind of use it is really going to be risky.
No assurance of return.

Credit should not be taken in principle. And it's very risky anyway. And in order to buy new things, or start your own business. If you can not buy something for their money, how are you going to give credit? The credit for starting a business, in some cases, can afford. But only if you already have most of the money, and you do not have savsem not a lot of money.