Bitcoin loans or simply called bitcoin lending are now become popular simply because of many people who want to have that. In this forum you can see a lending thread where you can borrow some bitcoin but it need collateral for assurance that you will pay.
I generally avoid any loans and try to do without them, because I consider them a debt pit, from which it is very difficult to get out later. Only a profitable and sustainable business justifies the receipt of loans. Credits in cryptocurrency are doubly risky.
It is good to live without any debt, once we borrow and get debt we're ruining ourselves. Better is to stay happy and limit according to the earning. Cryptocurrency network is now getting onto the loans through different ico programs. Till date what we have for long term profiting through lending is very small.
Yes . thats true , many people suffer from the debts and im one of them . so far we still pay for our debts . we sell some our appliances just to pay the due but those are not enough because until now we are still continue paying . debts can be helpful but debts can also make your life more miserable than before .
Here in crypto , lending is now becoming more popular but i already learnt my lesson . i wont lend no matter how i badly need the cash . i will only work hard to save money .