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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 it is wise to avoid are coin doublers and higher Yield Investment Programs also known as HYIPs. These are sites which promise to double your coins every couple of days or provide you unreal interest rates.

What these websites 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 website which is apparently legit and solvent.

On top of that, they almost always have some kind of referral program 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 only go offline and the money will be gone. No more payments will be produced and a lot of people will get angry that they have scammed.

We've reviewed several Bitcoin investment websites in the past 3 decades 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 individuals trying to steal your coins. .

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

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 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 could end up losing your Bitcoins. So for many non technical customers it would better to pass on a fork and keep your Bitcoins safe. Other alternatives include companies which assert the coins for you personally and have a commission but that could 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 alternative cryptocurrencies assuming it has a market.

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

For example, 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 highest significance of time method you can use to make money from the Bitcoins but they can be SUPER risky. I would recommend that you utilize these approaches only after considerable research and a fantastic understanding of the claiming process.

Weve covered a lot of ways in which you can earn Bitcoin or make money with cryptocurrencies. In the end each method has its pros and cons, some are far more insecure while others take a larger amount of effort.

In order to make it much easier for you to review what weve only covered we made a table that illustrates the different methods (you can view at the top of this post). As you can see theres no simple, risk free way to generate money with Bitcoin. The good news is that it's possible, and if you put some effort into it you can find a great deal of creative ways to create new income streams. .

You may still have any questions. If so, simply leave them in the comment section below. And if youve tried out one of the approaches previously and want to discuss 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 transfers to clean.

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 constantly adding new, interesting content. You this article are free to select what you want to do. Earn bitcoin anytime and anywhere, whether out of the personal computer or from your mobile device.