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

Another method I suggest you avoid are coin doublers and higher Yield Investment Programs also known as HYIPs. These are websites which 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 customers and use that money to pay off old users. This process makes a lot of buzz around the site that seems to be legit and solvent.

On top of that, they nearly always have some kind of referral program so that users 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 produced and a great deal of people may get mad that they have scammed.

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

How can you find out if a site is a scam for yourself Easy, use our Bitcoin scam test tool to get a fair assumption about a sites 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 claim the new coin too.

The first popular branch was Bitcoin Cash, but soon after followed Bitcoin Gold, Bitcoin Diamond and much more. The procedure for claiming forked coins (aka forkcoins) is standard however demands an above fundamental understanding of the way Bitcoin works. You can see our fork claiming guide .

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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 and have a commission but that may easily turn into a scam which runs off with you money. .

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

Airdrops are similar to forks in the sense which you get coins out of thin air. Airdrops are usually utilized to spread the word about a certain cryptocurrency. The currency is distributed freely to the public, although in some cases some conditions can see this site 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 may be the maximum significance of time method you can use to best site create money from your Bitcoins however they can be SUPER risky. I would recommend that you use these methods only after ample research and a good understanding of the claiming process.

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

In order to make it much easier for you to review what weve only covered we created a table which illustrates the different approaches (you can see at the 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 ways to make new income streams. .

You may still have any questions. If this is the case, simply leave them in the comment section below. And when youve tried out one of the methods previously and want to discuss your experience with it Id love to hear it as well.

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Earn bitcoin for every task that you complete, and receive payment within hours. Thanks to Bitcoin, there's no more waiting for checks or bank transfers to clear.

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 simpler than this.

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

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