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

Another method I suggest you avoid are coin doublers and higher 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 actually do is take money from new users and use that money to pay off old users. This procedure creates a lot of buzz around the website which is apparently untrue and solvent.

On top of that, they nearly always have some sort of referral app so that consumers can bring their friends on board.

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

We've reviewed many Bitcoin investment sites in the previous 3 years and have yet to find a website that we can say is  safe to invest in. Any site that guarantees you something that is too good to be true is probably just a facade for scammers trying to steal your coins. .

How can you find out if a website is a scam to get yourself Easy, use our Bitcoin scam evaluation tool to get a fair 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 from the existing Bitcoin. Every person who held Bitcoin prior to the fork can now claim the new coin as well.

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

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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 many non technical customers it would better to pass on a fork and keep your Bitcoins secure. Other alternatives include companies that claim the coins for you personally and take a commission but that could easily turn into a scam which runs away with you money. .

Once you maintained a forkcoin you can sell it on an exchange for Bitcoin or other cryptocurrencies assuming it's a market.

Airdrops are similar to forks in the sense which you get coins from thin air. Airdrops are usually utilized to spread the word about a certain cryptocurrency. The currency is distributed freely to the public, although in certain cases some conditions can employ.

By way of example, Byteball was distributed freely 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 some time method you can use to create money from your Bitcoins but they can be SUPER risky. I'd advise you to utilize these approaches only after ample research and a fantastic understanding of the claiming site process.

Weve covered a lot of ways in which 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 work.

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

You may still have any questions. If so, simply leave them in the comment section below. And if youve tried out one of these approaches above and want to discuss your experience with it Id love to hear it also.

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Earn bitcoin for every task that you complete, and receive payment within hours. Thanks to Bitcoin, there is no more waiting for checks or bank transfers to clear.

All you need to begin 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 constantly adding new, interesting content. You are free to choose what you want to do. Earn bitcoin anytime and anywhere, whether out of your personal computer or from your mobile device.