Not losing money in P2P is almost impossible. Quality of financial reporting is bad, platform rules are changed all the time, debt recovery is slow and hard, and many platforms take advantage of inexperienced retail investors.
Depends. You can invest in bonds of the same lenders that you see in P2P: mogo, delfin, creditstar, iute, etc., and the rates can be similar - about 10% or more, and when Covid started, you could purchase bonds with discounts and get 20% or higher yield.
I am very much looking forward to your opinion on Crowdestor. To me they were going to be the disaster of 2021 and in facts even with some delayed projects they are my most profitable P2P platform.
Bondora's model is not sustainable in long term, that is why they placed limits on Go & Grow, and had liquidity issues already last year when Covid started. Over time it will just get worse, so I think it is smarter to get out while it is possible, not jumping in another P2P crap platform that will later freeze your funds. I would probably not touch Crowdestor either, delays just keep increasing for now.
Hello, we are going to sue TFGcrowd and are looking for other members who have been affected by this scam. We have a telegram group you can join if you are interested https://t.me/joinchat/_UBK4Nc_U6lmZDZk
Hello Kris, I'm making a video about juicy fields and I found, juicy grow don't have licences in Germany, Portugal, and Spain to operate a crowdfunfing operator. And the Spanish legislation don't permit users don't accredited to buy cannabis. Juicy is a fraud... But the real problem is laundering money... If you don't know you can see the flow money in the cripto wallets
Hey, what kind of easy alternative would you recommend instead of P2P?
If you are looking for fixed return and are able to invest larger amounts: bonds, if you are not afraid of volatility: stocks, Bitcoin
Don't you think that bonds give way to small return ? (5-6%) instead of 10+ in P2P
Depends. You can invest in bonds of the same lenders that you see in P2P: mogo, delfin, creditstar, iute, etc., and the rates can be similar - about 10% or more, and when Covid started, you could purchase bonds with discounts and get 20% or higher yield.
What's your thoughts on the stock market? All-time highs, would you still go heavy into it?
Good article Kristaps !
Bondora is a big surprise.
Will you make a P2P platform ratings - 2021 ?
I am very much looking forward to your opinion on Crowdestor. To me they were going to be the disaster of 2021 and in facts even with some delayed projects they are my most profitable P2P platform.
Thank you. Don't want to promise anything about ratings :) This blog and p2p.holdings is a hobby, so any new developments depend on my free time.
Hey what's happening with Bondora? I wanted to invest there a bit in the Go and Grow. Lots of delays in Crowdestor..
Bondora's model is not sustainable in long term, that is why they placed limits on Go & Grow, and had liquidity issues already last year when Covid started. Over time it will just get worse, so I think it is smarter to get out while it is possible, not jumping in another P2P crap platform that will later freeze your funds. I would probably not touch Crowdestor either, delays just keep increasing for now.
Keep up your great work!!! I lost money on Envestio, Grupeer and maybe Fast invest
What is your thoughts about viainvest website poor chart graphics, not responding customer support etc..?
Hello, when will we be getting an update from you on the platforms?
Hello, we are going to sue TFGcrowd and are looking for other members who have been affected by this scam. We have a telegram group you can join if you are interested https://t.me/joinchat/_UBK4Nc_U6lmZDZk
Hello, Can we get an update on Mintos lending platforms?
I've used your opinion and created an auto invest. No loans qualify for it these days..
Hello Kris, I'm making a video about juicy fields and I found, juicy grow don't have licences in Germany, Portugal, and Spain to operate a crowdfunfing operator. And the Spanish legislation don't permit users don't accredited to buy cannabis. Juicy is a fraud... But the real problem is laundering money... If you don't know you can see the flow money in the cripto wallets
Best regards
Bondora has released that "missing page". Not shure why people made such a big thing out of nothing.
Aside from the Twinero/Presto scam on Viventor, also all of the Forza MD loans have stopped being repaid about a month ago. Any info on that?
No, don't have any info about Forza. But I would stay away from Viventor in general.