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Do You Loan Crypto?

Postby JASPREET » 12 Dec 2024, 09:43

I used to loan crypto to the person whom I feel are trusted but got scammed twice inside 6 months so I will stop doing this and will like to stay safe.

Do You Loan Crypto?
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Re: Do You Loan Crypto?

Postby Tendz » 12 Dec 2024, 10:05

I've never loaned crypto. You've made the right decision to stop for now. Staying safe is the most important thing.
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Re: Do You Loan Crypto?

Postby Fidelia » 12 Dec 2024, 11:58

It should teach you a lesson that the people you think you trust have every chance of scamming you. Don't trust anyone.
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Re: Do You Loan Crypto?

Postby JASPREET » 13 Dec 2024, 09:51

I should not have trusted them, first, it was Abigael, now Carson, earlier I have lost when I planned to exchange crypto for real money too
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Re: Do You Loan Crypto?

Postby augusta » 14 Dec 2024, 04:42

Loaning money generally Is a risk whether fiat or crypto. You just have to apply precautions when loaning money
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Re: Do You Loan Crypto?

Postby Fidelia » 14 Dec 2024, 07:33

JASPREET wrote:I should not have trusted them, first, it was Abigael, now Carson, earlier I have lost when I planned to exchange crypto for real money too
:These guys are terrible persons. It is one thing to owe someone and it is another thing that I keep communication open and commit to payments.
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Re: Do You Loan Crypto?

Postby Tendz » 14 Dec 2024, 07:42

It's important to be cautious when dealing with financial transactions, specially in the volatile world of crypto.
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Re: Do You Loan Crypto?

Postby JASPREET » 14 Dec 2024, 09:49

Fidelia wrote:
JASPREET wrote:I should not have trusted them, first, it was Abigael, now Carson, earlier I have lost when I planned to exchange crypto for real money too
:These guys are terrible persons. It is one thing to owe someone and it is another thing that I keep communication open and commit to payments.


I agree, I would not mind waiting if they are a person of their words but they are into scams so they don't even care to reply
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Re: Do You Loan Crypto?

Postby augusta » 17 Dec 2024, 07:06

It is a terrible thing to do to a creditor. it seems you take the person for a fool. you just ghost the person just like that
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Re: Do You Loan Crypto?

Postby JASPREET » 17 Dec 2024, 08:15

They should have some respect for the person who loaned them, I see Carson and Abigael both online and they don't have the courage to pay back
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Re: Do You Loan Crypto?

Postby ptrikha21 » 17 Dec 2024, 09:20

Personal interactions in any sort of lending and paying back can be very risky and often tricky to get back money in such a case. I too had one such instance.
I use the Crypto lending feature available in Zebpay where one can start with amounts like 500 to 1000 Rs.
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Re: Do You Loan Crypto?

Postby Tendz » 17 Dec 2024, 13:27

There's definitely a risk there. Sometimes people might forget, or just not prioritise paying you back.
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Re: Do You Loan Crypto?

Postby JASPREET » 18 Dec 2024, 08:50

I have learned my lesson and its best to say NO even if they offer to pay you the double
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Re: Do You Loan Crypto?

Postby Tendz » 18 Dec 2024, 13:38

By saying no, you're protecting yourself from any risks and scams that can occur.
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Re: Do You Loan Crypto?

Postby JASPREET » 19 Dec 2024, 09:02

I agree, the offer can tempt you to go for it but looking at the bad experience better to say no
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Re: Do You Loan Crypto?

Postby Tendz » 19 Dec 2024, 11:14

Saying no might seem like a missed opportunity, but protecting yourself from scams and losses is more important in the end.
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Re: Do You Loan Crypto?

Postby augusta » 24 Dec 2024, 06:15

Tendz wrote:There's definitely a risk there. Sometimes people might forget, or just not prioritise paying you back.


How can you get money from someone and don't want to pay back it is really wrong
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Re: Do You Loan Crypto?

Postby JASPREET » 24 Dec 2024, 08:57

I think some get loan with a good intention but when they are unable to pay they choose to not to reply and run away
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Re: Do You Loan Crypto?

Postby Kalayla » 24 Dec 2024, 09:41

This is very bad. How can someone think of scamming someone like JASPREET who has relatively been a nice person accross forums. And you @Jaspreet, hope you have learned your lessons. Those innocent ones can easily scam even more than you could ever imagine.
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Re: Do You Loan Crypto?

Postby augusta » 24 Dec 2024, 17:49

Loaning fiats or cryptocurrency to someone here isn't the problem but it is who you are loaning to.
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