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Weve tested out many loans here 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 High Yield Investment Programs also known as HYIPs. These are sites that claim to double your coins every couple of days or provide you unreal interest prices.

What these sites really do is take money from new customers and use that money to pay off older users. This process creates a lot of buzz around the website which seems to be legit and solvent.

On top of this, they almost always have some kind of referral program 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 the site will only go offline and the money is going to be gone. No more payments will be made and a lot of people will get angry that they got scammed.

We have reviewed several Bitcoin investment sites in the previous 3 years and have yet to find a website that we can say is  secure to invest in. Any website that guarantees you something that is too good to be true is probably only 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 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 emerges from the existing Bitcoin. Every person who held Bitcoin before the fork can now claim the new coin too.

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

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Keep 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 users it would better to pass on a fork and keep your Bitcoins safe. Other alternatives include companies which assert the coins for you personally and take 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's a market.

Airdrops are much like forks in the sense that you get coins from thin air. Airdrops are often used to spread the word in a certain cryptocurrency. The currency is distributed freely to the public, although in some situations some conditions Read More Here can apply.

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

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To conclude, forks and airdrops may be the maximum significance of time method you can use to make money from the Bitcoins but they can be SUPER risky. I'd recommend that you use these approaches only after ample research and a fantastic understanding of the claiming process.

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

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

You may still have some questions. If so, just leave them in the comment section below. And when youve tried out one of the methods above and want to share your experience with it Id love to hear it also.

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Earn bitcoin for every single task that you complete, and receive payment within hours. Thanks to Bitcoin, there's no more 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 easier than this.

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