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Weve tested out several loans here at 99Bitcoins, and they all eventually defaulted. Thats why I recommend to steer clear of this specific method.

Another method I suggest you avoid are coin doublers and High Yield Investment Programs also known as HYIPs. These are sites that promise to double your coins every few days or provide you unreal interest rates.

These websites really do is take money from new users and use that money to pay off old users. This procedure makes a lot of buzz around the site that is apparently untrue and solvent.

On top of that, they almost always have some kind of referral program so that users can bring their friends on board.

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This is how a Ponzi scheme works. This can go on for around 3-4 months until one day the site will only go offline and the money will be gone. No longer payments will be made and a lot of people may get mad that they got scammed.

We've reviewed several Bitcoin investment websites in the past 3 years and have yet to find a site which we can say is  safe to invest in. Any website that guarantees you something that is too good to be true is likely only a facade for individuals trying to steal your coins. .

How can you find out if a site is a scam for yourself Easy, utilize our Bitcoin scam evaluation tool to acquire a reasonable assumption about a websites legitimacy.

Starting around August 2017 Bitcoin began forking into other coins. In a nutshell, forking  means a new Bitcoin clone originates in the existing Bitcoin. Every person who held Bitcoin prior to the fork can now also claim the new coin too.

The first popular fork was Bitcoin Cash, but soon after followed Bitcoin Gold, Bitcoin Diamond and much more. The procedure for claiming forked coins (aka forkcoins) is standard however requires an above fundamental understanding of the way Bitcoin works. You can view our fork claiming guide .

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Bear in mind that if youre not sure what youre doing when claiming a forkcoin you could end up losing your Bitcoins. So for most non technical customers it'd better to pass on a fork and maintain your Bitcoins secure. Other alternatives include companies that assert the coins for you personally and have a commission but this may easily turn into a scam that runs away with you money. .

Once you maintained a forkcoin you can sell it on an exchange for Bitcoin or alternative cryptocurrencies assuming it has a market.

Airdrops are similar to forks in the sense which you get coins out of thin air. Airdrops are usually used to spread the word about a certain cryptocurrency. The currency is distributed freely to the public, although in some situations some conditions can apply.

By way of example, Byteball was distributed publicly to Bitcoin users depending on the amount of Bitcoins they owned.

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To conclude, forks and airdrops could possibly be the maximum value for time method you can use to create money from your Bitcoins but they can be SUPER risky. I'd recommend that you utilize these approaches only after considerable research and a fantastic understanding of the claiming process.

Weve covered a great deal of ways you can earn Bitcoin or earn money with cryptocurrencies. In the end each approach has its pros and cons, some are far more risky while others require a greater amount of effort.

In order to make it much easier for you to review what weve just covered we made a table that illustrates the different approaches (you can view on peak of this post). As you can see theres no simple, risk free way to generate money with Bitcoin. The good news is that it is possible, and if you put some effort into it you can find a lot of creative strategies to make new income streams. .

You might still have some questions. If so, simply leave them in the comment section below. And if youve tried out one of these methods previously and want to discuss your experience with it love to hear it also.

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Earn bitcoin for every task that you finish, and receive payment within hours. Thanks to Bitcoin, there's no more best site waiting for checks or bank transfers to clean.

All you need to start earning would be a Bitcoin address for receiving payments. We don't collect any of your personal informationnot even your email address. It doesn't get simpler than this.

We are always adding new, interesting content. You're free to choose what you want to do. Earn bitcoin anytime and anywhere, whether out of your computer or from your mobile device.

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