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Weve tested out many loans here 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 higher Yield Investment Programs also known as HYIPs. These are sites which promise to double your coins every couple of days or give you unreal interest rates.

What these websites really do is take money from new customers and use that money to pay off older users. This procedure makes a great deal of buzz around the website which seems to be untrue and solvent.

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

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This is how a Ponzi scheme functions. This will go on for around 3-4 months until one day that the website will just go offline and the money is going to be gone. No longer payments will be produced and a great deal of people may get mad that they got scammed.

We've reviewed many Bitcoin investment websites in the past 3 decades and have yet to find a site that we can say is  safe to invest in. Any site that guarantees you something that is too good to be true is probably just a facade for scammers trying to steal your coins. .

How can you find out whether a website is a scam for yourself Easy, use our Bitcoin scam evaluation tool to get a reasonable assumption about a sites legitimacy.

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 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 but requires an above basic understanding of how Bitcoin click over here works. You can view our fork claiming guide .

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Keep in mind that if youre not sure what youre doing when claiming a forkcoin you might end up losing your Bitcoins. So for many non technical users it'd better to pass on a fork and maintain your Bitcoins secure. Other alternatives include companies that claim the coins for you personally and have a commission but this 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 other cryptocurrencies assuming it has a market.

Airdrops are much like forks in the sense which you get coins out of thin air. Airdrops are usually used to spread the word in a certain cryptocurrency. The currency is distributed freely to the public, although in some cases some conditions can apply.

For instance, Byteball click now 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 the Bitcoins but they can be SUPER risky. I'd recommend that you utilize these approaches only after ample research and a fantastic 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 far more risky while others take a larger amount of work.

In order to make it much easier for you to review exactly what weve just covered we created a table which illustrates the different approaches (you can view on top of this 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 strategies to make new income streams. .

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

Coinplants for Beginners

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.

All you why not try here need to start earning would be a Bitcoin address for receiving payments. We don't collect any of your personal informationnot even your email address. It doesn't get easier than this.

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