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Weve tested out several loans here at 99Bitcoins, and they all eventually defaulted. Thats why I recommend to stay away from this particular method.

Another method I suggest you avoid are coin doublers and High Yield Investment Programs also known as HYIPs. These are websites that promise to double your coins every few days or provide you unreal interest rates.

What these websites really do is take money from new users and use that money to pay off older 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 consumers 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 just go offline and the money will be gone. No more payments will be made and a lot of people will get mad that they have scammed.

We've reviewed many Bitcoin investment websites in the previous 3 decades and have yet to find a website which 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 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 acquire 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 originates in the existing Bitcoin. Every person who held Bitcoin before the fork can now claim the new coin as well.

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

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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 customers it would better to pass on a fork and maintain your Bitcoins safe. Other alternatives include companies that claim the coins for you personally and have a commission but that may easily turn into a scam which runs away 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 often utilized to spread the word about a certain cryptocurrency. The currency is distributed freely to the general public, although in certain cases some conditions can apply.

For example, Byteball was distributed freely 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 make money from your Bitcoins however they can be SUPER insecure. I'd recommend that you utilize these methods only after ample research and a fantastic understanding of the claiming process.

Weve covered a lot of ways in which you can earn Bitcoin or make money with cryptocurrencies. In the end each approach has its own pros and cons, some are more insecure while others require a greater 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 at the top of this post). As you can see theres no simple, risk free way to make 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 flows. .

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

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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 computer or by your mobile device.