Post
Topic
Board Economics
Re: Cryptocurrency lending business.
by
Xampeuu
on 19/05/2019, 06:15:02 UTC
I think about crypto loans, of course, we must be careful and think carefully because crypto prices sometimes rise and fall
Actually it provides bigger size of opprtunity for people who borrow it because those people can manage the fund to gain profit in trading. But I still hate crypto loans, lend money to others is not negative thing but if there is interest in it then it can give bad impact for the economy. Such cooperation is unhealthy. I preffer like to lend money to people who run healthy business then ask for dividen based on profit that earned by the business.
every loan I think is reasonable if there is interest. provided that the activities are clear, so that it produces, I don't think it's a problem. therefore before lending, we will be selective, it will be better