I am all new to this sending business but I would like to start it very seriously.
I have 7.2 BTC invested untill the btc price will go up.
For the moment I would like to start lending it so I can help others while I also earn a bit.
I know there are some rules as collaterals and more.
Can someone guide me through it ?
Thank you.
Read the stickies mate. It's a perfect guide on how you can strt a lending business with less risk. Read this:
https://bitcointalk.org/index.php?topic=577765.0It has a list of which and what are the stuffs that can be avcepted as a valid collateral and may help you to recover a defaulted loan.