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

Another method I suggest you avoid are coin doublers and higher 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 rates.

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

On top of that, they almost 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 functions. This can go on for around 3-4 months until one day that the website will only go offline and the money will be gone. No more payments will be made and a great deal of people will get angry that they got scammed.

We've reviewed several Bitcoin investment websites in the previous 3 years and have yet to find a website which we can say is  secure to invest in. Any site that promises 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 whether a website is a scam for yourself Easy, use our Bitcoin scam test tool to acquire 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 emerges in the existing Bitcoin. Every person who held Bitcoin before 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 however demands an above basic 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 many non technical users it'd better to pass on a fork and keep your Bitcoins safe. Other alternatives include companies which claim the coins for you and take a commission but that could easily turn into a scam which 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 out of thin air. Airdrops are often utilized 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.

By way of 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 could possibly be the maximum value for time method you can use to make money from your Bitcoins however they can be SUPER risky. I would recommend that you utilize these methods only after ample research and a good understanding of the claiming process.

Weve covered a lot 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 insecure while others take a greater amount of work.

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

You might still have some questions. If so, simply leave them in the comment section below. And when youve tried out one of the approaches previously and want to discuss your experience with it love to hear it as well.

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

All you need to begin earning is a Bitcoin address for receiving payments. We don't collect any of your personal informationnot check it out even your email address. It doesn't get easier than this.

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