I know that people give out loans but what's up with people no returning what they borrowed?? I want to know this because I might give out loans myself and I want to know what to watch out for... I have ~800 BTC at the moment and would it be a bad idea to start loaning? I bought my BTC back in 2010 mid August January(when it was about $0.07 per BTC) and I noticed the price went up a ton! Also what would be some other way to grow my BTC? Any ideas on what I should do?
Something I should have added my friend was doing something you guys call "mining" I am very knew to the bitcoin world even though I have had them for a long time. I bought these bitcoin from him because he needed to sell them, my financial advisor has told me that the longer I wait the more return I would get so I told him hold the account for 5 years and ill see where I am... So last July I had gotten my account back, did a bunch of research then found you guys. So I came here to post a few posts and for everyone skeptical this is the proof
https://gyazo.com/ee99cef712e9b72f03a3e8e870c33624 What's for being so much worried about loans, mining or whatever? If I were you, and I have 800 BTC at my wallet, I won't worry so much about giving loans and putting interest on it, but, rather I would build a business worth millions that can make a huge profit over time. As they said, giving loans are too risky because there is no guarantee of returning it back specially in bitcoin world. Then stop thinking about giving loans, you have a lot of money, and it is so much enough for you to have a more stable life.