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

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

These websites actually do is take money from new customers and use that money to pay off older users. This process creates a great deal of buzz around the website which seems to be legit and solvent.

On top of this, they almost always have some kind of referral app so that consumers 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 the website will only go offline and the money is going to be gone. No longer payments will be produced and a great deal of people may get angry that they have scammed.

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

How can you find out if a website is a scam to get yourself Easy, use our Bitcoin scam evaluation tool to acquire a fair 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 before 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 however requires an above basic understanding of the way Bitcoin works. You can view 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 many non technical users it'd better to pass on a fork and keep your Bitcoins secure. Other alternatives include companies which claim 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's a market.

Airdrops are similar to forks in the sense which you get coins out of thin air. Airdrops are often used to spread the word in a certain cryptocurrency. The currency is distributed freely to the public, although in certain cases some conditions can apply.

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 highest value for some time method you can use to create money from your Bitcoins but they can be SUPER risky. I'd recommend that you utilize these approaches 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 approach has its own pros and cons, some are far more risky while others take a larger amount of effort.

In order to make it much easier for you to review exactly what weve only covered we created a table that illustrates the different approaches (you can see at the peak of this post). As you can see theres no easy, risk free way to generate 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 strategies to create new income flows. .

You may still have any 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 you can check here experience with it Id love to hear it as well.

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

All you need to start 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're always adding new, interesting content. You are free to choose what you want to do. Earn bitcoin anytime and anywhere, whether from your computer or from your mobile device.