If you are a long term holder with no time/interest in trading AND know for sure that the platform you are using will keep your holdings and pay out (I know there are big ifs in the crypto world) then it surely DOES make sense.
If you’re making .001% in 5 minutes on your money, that’s almost 7.5% a year… Sounds like a pretty excellent return for someone that isn’t actively trading. Could you make more by trading? Of course, but if you’re not… I’m all for a passive 7%.
I’m not sure I agree with this.
Traders take out both long and short positions, some win some lose. In bear markets the bears tend to do better, in bull markets the bulls do better, Either way traders are trying to take money from the ecosystem, but are also helping to find the true market price in the process.
I don’t think that for a coin like maid - and particularly for a holder who intends to hold for years to come - there are really many downsides to lending. The value of maid will shoot up regardless of the profits taken by traders, and their speculation is pretty much unavoidable. SC will have a lot of utility, it isn’t just a speculative commodity. Adding a tiny bit to their leverage potential won’t make any difference to where this train is going or when it gets there, but lending now while maids are cheap will yield returns that may look ridiculous in a couple of years.
Just my thoughts obvs… and fwiw, I only bother to lend when rates are high - over 0.5% per day’ish generally. That makes it very worthwhile for a decent amount of coin, even if it’s only out on loan for a day or two.
OK, delaying the inevitable
a good example is with modern banking, you deposit cahs with the bank, and then you get your dollars devalued in exchange for insignificant returns;
Its worth mentioning that lending directly relates to price loss, Unless you’re margin calling those who borrow your coins otherwise you leave it to someone else such work…
Its worth mentioning, incase someone didn’t know the dynamic how in exchange for 7% a year, we successfully delay the growth in price you’d expect to see.
only rate worth it, is if someone would pay 50%-100%/day then it’s economical from my hodlor perspective 
but i think poloniex doesnt allow that
Going to buy the local imported (see what I did there?) Glenfiddich so I have something to drink whenever the price upshots!
(Unless, someone has a different recommendation for Scotland’s whiskey. That one just seems the most pronounced, from where I work. Who knows how different/good it is anyway, if ordering Scotch from Florida, instead of near the source. Anyway, sorry for such a casual post!)
@Audity Should also look into having some Haggis around with potatoes, it’s in spirit and extraordinarily tasty, IMO
Get yourself a bottle of Oban or Dalwhinnie… two of my favourites and not ridiculously expensive. They are both quite light, clean, single malts, if you want something to put more hair on your chest go Lagavulin or Talisker 
They are some of my favs anyway. I’m no whisky expert, but I do like a drop of an evening ;).
I think the practical reality is that there are, and pretty much always will be, more coins out for loan than there is demand for them, so offering yours out for loan won’t actually make any practical difference to satisfying loan demand or creating more. In the end holding without lending won’t change the outcome for maid, it will only slightly reduce your holdings to not get any interest… imo anyway.
As I say I don’t do it often, that’s because I’m usually around and can therefore make more by selling myself and buying back cheaper if I want to increase my holdings: you’re right the loan % is usually far too low to bother with, especially for maid as it hasn’t traditionally had that much margin action.
When it does hover between 0.5 and 1% and I’m going to be offline for a day or two I happily chuck a bit into lending.
Each to their own though, we all gotta do what we think is right
My favourite! Lovely stuff!
Nothing better than Talisker in a hip flask on a cold winter afternoon after a long walk
Oban is my nightly tipple to enjoy in front of the fire before bed.
Good whisky is like an oaky, honey’d, warm cuddle.
Off for one right now in fact lol
Glenlivet 18 Year Old… delicious in a glass or straight out the bottle 
+1 for Dalwhinnie 
i like your taste =)
just the right balance between price and value islay and speyside are my favourites … I’m not thaaaaat experienced but i love those 
ps: didn’t have an oban yet … there was always one there which sounded more interesting to me - I’ll try that one next time!
So many options open to me now! But now I’m confused. Which one is good for being confused? All of them? But I can’t sell my MAID yet!
trust the @beekeeper you won’t regret it
ps: he’s an engineer Oo
It’s so worth paying a bit more for something made properly and with love isn’t it?! But I try to avoid the temptation of Veblen products and look for value. I can’t really justify spending more than £50 on a bottle of booze for me to piss away, so I just buy those when I think I deserve a treat, and I’m very easy to buy for xmas and birthdays lol ;).
I once heard that 70% of traders on any trade lose. Only the few will be winners.Every buy has a seller etc. I’ve been watching the frenzied feeding on Polo for years. Well remember the rape of MYR when it first came out. IMHO, it’s vital to know one’s limitations. Trading is not for the amateur. Noobs are up against troll box traps, swing trade, wash trade, margin trade not to mention multi monitor control centres that put HSS Enterprise to shame. Then there’s the small matter of huge amounts of play money at the disposal of certain types of sea mammals. At your own risk if you try to outmaneuver these guys. Then there’s the bots, the bloody bots. Crypto is Wall St and all it’s morality on steroids. Wild West. So, for guys like me, it’s do the research, pick a good project or two, buy and hold. Most traders have little idea of the potential in Safenet. They just hop from one to the next most profitable. They seem to be under the spell of BTC and XMR. I’m with Safenet (Maid) and intend to stay there. By the end of this year I reckon I’ll be very pleased. Big grins.
This could be the only post I wish I could double like.
I bought Dalwhinnie. (Very pleasant mixture all around.)
MAIDsafecoin price will reach new high this week because the volume of trade is near ETH on polo
I believe the price of Safeexchangecoin will rise too (- YouTube)
I watched the MAID action for the first time over the weekend, big moves…and it was fun watching the troll box 
Too bad the momentum got killed by some jerk making a huge sell off