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Weve tested out several loans here at 99Bitcoins, and they all eventually defaulted. Thats why I recommend to steer clear of 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 prices.
What these websites really do is take money from new users and use that money to pay off older users. This process makes a lot of buzz around the site that is apparently untrue and solvent.
On top of this, they nearly always have some kind of referral program so that consumers can bring their friends on board.
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This is how a Ponzi scheme works. This can go on for around 3-4 months until one day that the site will just go offline and the money will be gone. No longer payments will be produced and a lot of people may get mad that they have scammed.
We have reviewed many Bitcoin investment websites in the past 3 years and have yet to find a website that we can say is  safe to invest in. Any website that promises you something that's too good to be true is probably only a facade for individuals trying to steal your coins. .
How can you find out whether a website is a scam to get yourself Easy, use our Bitcoin scam evaluation tool to acquire 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 originates in the existing Bitcoin. Every person who held Bitcoin before the fork can now also claim the new coin as well.
The first popular fork was Bitcoin Cash, but soon after followed Bitcoin Gold, Bitcoin Diamond and more. The procedure for claiming forked coins (aka forkcoins) is my latest blog post standard but requires an above basic 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 could end up losing your Bitcoins. So for many non technical users it'd better to pass on a fork and keep your Bitcoins safe. Other alternatives include companies which claim the coins for you and take a commission but this may easily turn into a scam that 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 similar to forks in the sense which you get coins from thin air. Airdrops are usually utilized to spread the word about a certain cryptocurrency. The currency is distributed freely to the 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 may be the maximum significance of time method you can use to create money from the Bitcoins but they can be SUPER risky. I'd recommend that you utilize these approaches only after basics considerable research and a good understanding of the claiming process.
Weve covered a lot of ways you can earn Bitcoin or even make money with cryptocurrencies. In the end each approach has its own pros and cons, some are far more insecure while others take a larger amount of effort.
In order to make it much easier for you to review exactly what weve just covered we made a table which illustrates the different methods (you can view on 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's 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 any questions. If so, simply leave them in the comment section below. And when youve tried out one of the methods above and want to discuss your experience with it Id love to hear it also.
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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 clear.
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