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Re: Forum Loan defaulters: What is the best way forward?
by
NotATether
on 13/11/2023, 12:44:33 UTC
⭐ Merited by ETFbitcoin (1)
2. Do not give a loan to anybody whose wallet address shows he/she has not been receiving  inflow of funds for the past 120 days:

Umm.... it is actually very common for people to give lenders a brand-new address that is generated by their wallet. Received funds is not a good indicator for trustworthiness because the person who has a lot of funds coming in could just chose to not pay.

You only take a loan if you have an urgent situation to deal with and don't have enough BTC at the moment without buying more.