Quote:
Originally Posted by sharpyetblunt
If you have to ask people if you should loan someone money DONT DO IT.
You gain no respect for loaning money, you just get seen as a pushover. If youre loaning money to people who arent your very closest friends, you are THAT GUY. THAT GUY isnt cool awesome guy whos great to hang out with. THAT GUY is "hey theres that guy i barely know and dont feel bad about ripping off cos he wont do ****".
while the last bit is true and I can see how you think that way. I'd like to say...is this really always the case?
If you play poker and get to a high enough level of where you are playing above say 2/5nl you can afford to be taking risks on sending money because part of how you got there was always trading, taking shots and buying peoples action. the more successful of a poker player you are usually the more you engage and seem to diversify your winnings (or expected ev winnings) so thus the more you loan out money. if you are a nit and never loan out money then you are not fully taking the +EV routes to making more money. this isnt to say you cant be smart about who you loan to, but to not loan out money to a select few is crazy.
putting yourself into a position where you can get scammed is not always the worse situation ---- if you are smart about it.
edit: by loaning out money, i mean engaging in financial transactions where we trade online $$$ for cash etc.
sincerly,
someone who loans money