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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 I suggest you avoid are coin doublers and higher Yield Investment Programs also known as HYIPs. These are websites which claim to double your coins every couple of days or provide you unreal interest rates.

What these sites really do is take money from new customers and use that money to pay off older users. This procedure creates a great deal of buzz around the site that seems to be legit and solvent.

On top of this, they nearly always have some sort of referral app so that users can bring their friends on board.

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This is the way a Ponzi scheme works. This will go on for around 3-4 months until one day the site will just go offline and the money is going to be gone. No more payments will be made and a great deal of people may get angry that they have scammed.

We have reviewed several Bitcoin investment sites in the previous 3 decades and have yet to find a site that we can state is  safe to invest in. Any site that promises you something that's too good to be true is likely just a facade for scammers trying to steal your coins. .

How can you find out if a website is a scam to get yourself Easy, use our Bitcoin scam test tool to get 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 too.

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 however 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 most non technical customers it would better to continue reading this pass on a fork and keep your Bitcoins secure. Other alternatives include companies that assert the coins for you and take a commission but that could easily turn into a scam which runs off 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 much like forks in the sense which you get coins from thin air. Airdrops are often used to spread the word in a certain cryptocurrency. The currency is distributed freely to the general public, although in some situations some conditions can employ.

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 could possibly be the maximum value for content time method you can use to create money from the Bitcoins but they can be SUPER risky. I'd advise you to utilize these approaches 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 far more risky while others take a larger amount of effort.

In order to make it easier for you to review exactly what weve only covered we made a table which illustrates the different methods (you can view on top of the post). As you can see look at more info theres no easy, 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 great deal of creative ways to create new income flows. .

You may still have any questions. If so, just leave them in the comment section below. And when youve tried out one of the approaches above and want to discuss your experience with it love to hear it also.

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