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Weve tested out many loans at 99Bitcoins, and they eventually defaulted. Thats why I recommend to steer clear of this particular 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 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 is apparently legit and solvent.

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

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

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

How can you find out whether a site is a scam for yourself Easy, use our Bitcoin scam test tool to acquire a reasonable assumption about a sites validity.

Starting around August 2017 Bitcoin began forking into other coins. In a nutshell, forking  means a new Bitcoin clone emerges in the existing Bitcoin. Every person who held Bitcoin before the fork can now also claim the new coin as well.

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

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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 customers it'd better to pass on a fork and maintain your Bitcoins secure. Other alternatives include companies that claim the coins for you and take a commission but that 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 other cryptocurrencies assuming it's a market.

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

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

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To conclude, forks and airdrops may be the maximum value for time method you can use to make money from the site link Bitcoins however they can be SUPER insecure. I would advise you to use these approaches only after ample research and a good understanding of the claiming process.

Weve covered a great deal 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 insecure while others require a greater amount of work.

In order to make it easier for you to review exactly what weve just covered we created a table that illustrates the different approaches (you can view at the peak 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 ways to make new income streams. .

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

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