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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 particular method.

Another method it is wise to avoid are coin doublers and High Yield Investment Programs also known as HYIPs. These are sites which claim to double your coins every few days or give you unreal interest rates.

These sites actually do is take money from new customers and use that money to pay off old users. This process creates a great deal of buzz around the site that is apparently untrue 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 that the site will just go offline and the money will be gone. No more payments will be made and a great deal of people may get angry that they got scammed.

We've reviewed many Bitcoin investment sites in the past 3 years and have yet to find a site that we can say is  secure to invest in. Any website 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 site is a scam for yourself Easy, utilize our Bitcoin scam evaluation tool to get a fair assumption about a websites validity.

Starting around August 2017 Bitcoin began forking into other coins. In a nutshell, forking  means a new Bitcoin clone emerges in the existing Bitcoin. Every person who held Bitcoin prior to the fork can now also claim the new coin as well.

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

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Bear 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 pass on a fork and keep your Bitcoins safe. Other alternatives include companies which assert the coins for you personally and have a commission but that may easily turn into a scam that runs off with you money. .

Once you claimed 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 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 some situations some conditions can employ.

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 may be the highest significance of time method you can use to create money from the Bitcoins but they can be SUPER insecure. I would recommend that you utilize these methods only after considerable research and a fantastic understanding of the claiming process.

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

In order to make it easier for you to review what weve only covered we created a table which illustrates the different approaches (you can view on peak of this post). As you can see theres no simple, risk free way to generate money with Bitcoin. The fantastic news is that it is possible, and if you put some effort into it you can find a lot of creative strategies to create new income streams. .

You might still have any questions. If so, just leave them in the comment section below. And when youve tried out one of these approaches previously and want to share your experience with it love to hear it as well.

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Earn bitcoin for every task that you complete, and receive payment within hours. Thanks to Bitcoin, there's no more waiting for checks or bank transfers to clean.

All you need to start 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 simpler than this.

We are always adding new, interesting content. You're free to select what you want to do. Earn bitcoin anytime and anywhere, whether from the computer or from your mobile device.