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Weve tested out several loans here 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 higher Yield Investment Programs also known as HYIPs. These are websites which claim to double your coins every few days or provide you unreal interest prices.

What these websites actually do is take money from new users and use that money to pay off older users. This method makes a lot of buzz around the site that is apparently untrue and solvent.

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On top of this, they almost always have some type 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 site will only go offline and the money will be gone. No longer payments will be produced and a lot of people will get angry that they have scammed.

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

How can you find out whether a website is a scam to get yourself Easy, use our Bitcoin scam test tool to acquire a fair assumption about a sites validity.

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Starting around August 2017 Bitcoin began forking into other coins. In a nutshell, forking  means a new Bitcoin clone emerges from the existing Bitcoin. Every person who held Bitcoin before the fork can now claim the new coin too.

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 but requires an above basic understanding of the way Bitcoin works. You can view our fork claiming guide .

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 users it'd better to pass on a fork and keep your Bitcoins secure. Other alternatives include companies that assert the coins for you and have a commission but this could easily turn into a scam which runs away with you money. .

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Once you claimed 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 out of thin air. Airdrops are often utilized to spread the word about a certain cryptocurrency. The currency is distributed freely to the public, although in certain 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 time method you can use to create money from your Bitcoins but click this site they can be SUPER insecure. I would recommend that you use these approaches only after considerable research and a good understanding of the claiming process.

Weve covered a lot of ways you can earn Bitcoin or even earn money with cryptocurrencies. In the end each approach has its own pros and cons, some are more risky while others take a larger amount of work.

In order to make it much easier for you to review what weve just covered we created a table that illustrates the different methods (you can see on top of this post). As you can see theres no simple, risk free way to generate 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 strategies to make new income streams. .

You might still have any questions. If this is the case, simply leave them in the comment section below. And if youve tried out one of these approaches above and want to discuss your experience with it Id love to hear it also.

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Each and every day, Bitcoin the cryptocurrency and Bitcoin the technology becoming more popular. When in 2011 you had to write a their website person from another continent to order a pizza for you with Bitcoins, now you can do something like this in a number of important cities. In some countries like the Netherlands, the entire towns are Bitcoin-friendly (like Arnhem, often called the Bitcoin city) now with a range of services offered for people that are willing to pay with BTC.

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