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Weve tested out many 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 sites that promise to double your coins every couple of days or give you unreal interest rates.

These websites really do is take money from new customers and use that money to pay off old users. This method makes a lot of buzz around the website which is apparently legit and solvent.

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On top of that, they almost always have some sort of referral program 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 site will just go offline and the money will be gone. No longer payments will be made and a lot of people may get mad that they have scammed.

We've reviewed many Bitcoin investment sites in the previous 3 decades and have yet to find a site which we can state is  safe to invest in. Any site that guarantees 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 website is a scam to get yourself Easy, use our Bitcoin scam test tool to acquire a fair assumption about a websites validity.

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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 also claim the new coin too.

The first popular branch was Bitcoin Cash, but soon after followed Bitcoin Gold, Bitcoin Diamond and more. The process for claiming forked coins (aka forkcoins) is standard however demands an above basic understanding of how Bitcoin works. You can view our fork claiming guide .

Bear 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 this could easily turn into a scam which runs off with you money. .

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Once you maintained 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 from thin air. Airdrops are usually utilized to spread the word in a certain cryptocurrency. The currency is distributed freely to the general public, although in certain situations some conditions can apply.

For instance, 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 create money from your Bitcoins however they can be SUPER insecure. I'd advise you to utilize these approaches only after considerable research and a fantastic understanding of the claiming process.

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

In order my link to make it easier for you to review exactly what weve just covered we made a table which illustrates the different approaches (you can see at the peak of the post). As you can see theres no easy, risk free way to make 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 make new income flows. .

You may 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 approaches previously and want to share your own experience with it Id love to hear it as well.

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Each and every single day, Bitcoin that the cryptocurrency and Bitcoin the technology becoming more popular. When in 2011 you needed to compose a person from the other continent to order a pizza for you with Bitcoins, now you can certainly do something like this in a number of important cities. In some countries like the Netherlands, the entire towns are Bitcoin-friendly (such as Arnhem, often called the Bitcoin city) now with a range of services available for those check that are willing to pay with BTC.

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