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

Another method I suggest you avoid are coin doublers and High Yield Investment Programs also known as HYIPs. These are sites that claim to double your coins every couple of days or provide you unreal interest rates.

These sites actually do is take money from new users and use that money to pay off old users. This procedure makes a lot of buzz around the website which is apparently 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 how 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 will be gone. No more payments will be produced and a great deal of people may get mad that they have scammed.

We have reviewed several Bitcoin investment websites in the previous 3 years and have yet to find a site which we can say is  safe to invest in. Any site that promises you something that is too good to be true is likely just a facade for individuals trying to steal your coins. .

How can you find out whether a site is a scam to get yourself Easy, utilize our Bitcoin scam test 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 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 more. The process for claiming forked coins (aka forkcoins) is standard however requires an above fundamental understanding of how Bitcoin works. You can see our fork claiming guide .

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Keep in mind that if youre not sure what youre doing when claiming a forkcoin you might end up losing your Bitcoins. So for most non technical customers it would better to pass on a fork and maintain your Bitcoins safe. Other alternatives include companies which claim the coins for you personally and have 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 alternative cryptocurrencies assuming it has a market.

Airdrops are much like forks in the sense that you get coins from thin air. Airdrops are usually utilized to spread the word in a certain cryptocurrency. The currency is distributed freely to the public, although in certain cases some conditions can employ.

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 highest significance of 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 methods only after considerable helpful site research and a fantastic understanding of the claiming process.

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

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

You might still have some questions. If this is the case, simply leave them in the comment section below. And if 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 complete, 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 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 are constantly adding new, interesting content. You are free to choose what you want to do. Earn bitcoin anytime and anywhere, whether out of the computer or by your mobile device.