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Weve tested out several loans here at 99Bitcoins, and they all eventually defaulted. Thats why I recommend to stay away from this particular method.

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

What these sites really 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 website which is apparently untrue and solvent.

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

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This is how a Ponzi scheme functions. 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 longer payments will be produced and a lot of people may get angry that they got scammed.

We've reviewed many Bitcoin investment websites in the past 3 decades and have yet to find a website which we can state is  secure to invest in. Any site 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 whether a site is a scam for yourself Easy, use our Bitcoin scam evaluation tool to get a reasonable assumption about a sites 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 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 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 most non technical customers it'd better to pass on a fork and maintain your Bitcoins secure. Other alternatives include companies which claim the coins for you personally and have 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 which you get coins from thin air. Airdrops are read usually used to spread the word about a certain cryptocurrency. The currency is distributed freely to the general public, although in some 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 the Bitcoins however they can be SUPER risky. I would advise you to use these methods only after ample research and my response a fantastic 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 approach has its pros and cons, some are far more insecure 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 created a table which illustrates the different methods (you can view at the peak of the post). As you can see theres no easy, 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 navigate to this website find a lot of creative ways to make new income flows. .

You may still have some questions. If so, just 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 as well.

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All you need to begin earning is a Bitcoin speech 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 always adding new, interesting content. You are free to select what you want to do. Earn bitcoin anytime and anywhere, whether out of the computer or from your mobile device.