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

Another method it is wise to avoid are coin doublers and High Yield Investment Programs also known as HYIPs. These are sites which claim to double your coins every couple of days or give you unreal interest prices.

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

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

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

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

How can you find out whether a site is a scam to get 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 emerges in the existing Bitcoin. Every person who held Bitcoin prior to the fork can now also 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 demands an above fundamental understanding of the way 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 most non technical customers it'd better to pass on a fork and maintain your Bitcoins safe. Other alternatives include companies that claim the coins for you personally and take a commission but this could easily turn into a scam that runs off with you money. .

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

Airdrops are much like forks in the sense that 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 certain situations some conditions can apply.

For example, Byteball was distributed freely to Bitcoin see here now users depending on the amount of Bitcoins they owned.

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To conclude, forks and airdrops may be the highest value for some time method you can use to create money from your Bitcoins however they can be SUPER insecure. I would advise you to utilize these methods only after considerable research and a good understanding of the claiming process.

Weve covered a great deal of ways in which you can earn Bitcoin or even earn money with cryptocurrencies. In the end each method has its own pros and cons, some are far 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 made a table that illustrates the different approaches (you can see on top of this post). As you can see theres no easy, 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 lot of creative strategies to make new income flows. .

You might still have some questions. If this is the case, simply leave them in the comment section below. And if youve tried out one of these methods visit here above and want to discuss your own experience with it love to hear it as well.

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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 transfers to clean.

All you need to begin earning would be a Bitcoin address for receiving payments. We don't collect any of your this page personal informationnot even your email address. It doesn't get simpler 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 your personal computer or by your mobile device.