False. Let me break it down for you: What if someone dumps the altcoin, crashing the price below 100% of the loan value? The risk then gets put on you, that the person doesn't repay the loan.
I dont take shitcoins, only top altcoins, or more than 100% for lower coins.
You could easily take his collateral and enjoy a nice 50% profit. You don't have the trust to be able to hold large sums of money here on the forums.
Going for all this trouble to take a collateral? That is not my business model. I could have just signed up for signature campaign and earn more, for the time I waste here to explain it to you guys.
No this is longterm business, I'm not here to scam.