I don't think that loans is too risky, but i think this would be depends in loaner and the one that would filled the loan. First they should estimate or check the loaner if its safe to filled their loan, then in that way your money is always safe and for as safe also they should not load without valid collateral
i think loans is too risky especially if we don't have any income for weekly or monthly because how we can payback that loans if we don't have money? if our loan is to make new business, then we should thinking about how we are gonna pay the loans, beside that we should thinking how long we want to borrow.
In loans you can invest money that is not a pity to lose.
But for me it's very risky, it's better to buy other coins.
The risky part is that what if the people who loaned betrayed you, and they run with your money. Without proper terms and legit papers for settlements and conditions it is very risky business and I don't like it when people don't have something to pay for you.
I just don't like the feeling.Who does? Anyone will be upset when they get betrayed by someone that they trusted. Even with papers, the person that owes you money will still not be able to pay you if he doesn't have the money or if he chose not to pay you. Papers are not useful at all except in the case of collateral. Remind yourself that no one has ever been to jail just because of debt. Most people are drowning in debt. You just don't know it. People that have credit cards, people that live from paycheck to paycheck, etc. I wouldn't even wonder if there are people that have a debt so large that even if he worked 24/7, he will not be able to pay all of it.
So yea, you don't have the upper hand even when you have papers. The only thing it proves is that the guy actually owes you money. You can't put him to jail or force him to pay you.