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Weve tested out many loans here at 99Bitcoins, and they 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 websites that claim to double your coins every few days or provide you unreal interest prices.

These websites actually do is take money from new customers and use that money to pay off old users. This procedure creates a lot of buzz around the site that is apparently untrue and solvent.

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

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This is the way a Ponzi scheme functions. 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 longer payments will be made and a lot of people may get mad that they have scammed.

We've reviewed several Bitcoin investment websites in the past 3 years and have yet to find a website that we can state is  secure to invest in. Any site that guarantees you something that's too good to be true is probably just a facade for individuals trying to steal your coins. .

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

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 prior to 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 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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Keep 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 secure. Other alternatives include companies that assert the coins for you personally and take a commission but that could 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 other cryptocurrencies assuming it's 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 about a certain cryptocurrency. The currency is distributed freely to the general public, although in certain 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 maximum value for some time method you can use to make money from the Bitcoins however they can be SUPER risky. I'd recommend that you utilize these methods only after considerable research and a good understanding of the claiming process.

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

In order to make it easier view it for you to review exactly what weve only covered we created a table that illustrates the different methods (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 create new income streams. .

You might still have some questions. If this is the case, just leave them in the comment section below. And when youve tried out one of the methods previously and want to share your own experience with it love to hear it also.

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All you need to begin earning is a Bitcoin speech 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 constantly adding new, interesting content. You are free to choose what you want to do. Earn bitcoin anytime and anywhere, whether out of your personal computer or from your mobile device.