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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 promise to double your coins every couple of days or give you unreal interest rates.

What these sites actually do is take money from new users and use that money to pay off older users. This procedure makes a lot of buzz around the site that seems to be untrue and solvent.

On top of that, they nearly always have some sort of referral program so that consumers 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 website will only go offline and the money will be gone. No more payments will be made and a great deal of people will get angry that they have scammed.

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

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

The first popular branch 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 fundamental understanding of how Bitcoin works. You can see 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 might end up losing your Bitcoins. So for many non technical users it'd better to pass on a fork and keep your Bitcoins safe. Other alternatives include companies which claim the coins for you personally and take a commission but that could easily turn into a scam which runs off with you money. .

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

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

For 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 could possibly be the highest significance of some time method you can use to create money from your Bitcoins but they can be SUPER insecure. I would advise you to utilize these approaches only after ample research and a fantastic understanding of the claiming process.

Weve covered a great deal of ways in which you can earn Bitcoin or make money with cryptocurrencies. In the end each approach has its 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 what weve only covered we created a table that illustrates the different methods (you can see 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 might still have some questions. If this is the case, just leave them in the comment section below. And if youve tried out one of these methods previously and want to share your own experience with it Id love to hear it also.

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Earn bitcoin for every single task that you finish, and receive payment within hours. Thanks to Bitcoin, there is no more waiting for checks or bank her explanation transfers to clean.

All you need to begin earning is 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.

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

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