How safe is using btcjam ? Should I use it ? Is it viable and losses low ? Hopefully there will be no loss or should I just stick with being a trader on localbitcoin ?
I would avoid it like the plague. See the link in my sig for the btcjam scammer's lists/doxx. Read the last few pages or 10 of this thread as well. Invest wisely, do your homework!
Thank you. I was thinking already to avoid it but wanted to make sure. How exactly do people scam you ? What should I look out for ? I though they had a system in place to prevent this sort of thing.
Nothing is perfect but one can create fake identity and address and take off with your money. Bitcoin loans are mostly scam. Think of Bitcoin as gold. Just hold it
Yes, this is the best policy unless you are a skilled trader.
