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Weve tested out many loans at 99Bitcoins, and they eventually defaulted. Thats why I recommend to stay away from this particular method.
Another method I suggest you 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 give you unreal interest prices.
What these sites really do is take money from new customers and use that money to pay off older users. This procedure makes a lot of buzz around the site that seems to be untrue and solvent.
On top of that, they almost always have some sort of referral app so that consumers can bring their friends on board.
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This is how a Ponzi scheme works. This can 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 lot of people may get angry that they got scammed.
We've reviewed several Bitcoin investment sites in the previous 3 years and have yet to find a website which we can state is  secure to invest in. Any site that promises you something that's too good to be true is probably just a facade for scammers trying to steal your coins. .
How can you find out if a site is a scam to get yourself Easy, utilize 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 before 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 procedure for claiming forked coins (aka forkcoins) is standard but requires 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 might end up losing your Bitcoins. So for many non technical users it would better to pass on a fork and maintain your Bitcoins secure. click reference Other alternatives include companies which assert the coins for you personally and have a commission but that could easily turn into a scam which runs away click for more with you money. .
Once you claimed 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 that 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 some cases some conditions can employ.
By way of 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 maximum value for time method you can use to create money from your Bitcoins but they can be SUPER insecure. I would recommend that you use these methods only after ample research and 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 own pros and cons, some are more insecure while others take a larger amount of effort.
In order to make it much easier for you to review exactly what weve just covered we created a table which illustrates the different methods (you can view at the 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 strategies to make new income flows. .
You might still have any questions. If this is the case, just leave them in the comment section below. And when youve tried out one of the methods previously and want to share your own experience with it 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's no more waiting for checks or bank transfers to clear.
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