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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 specific method.

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

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 seems to be untrue and solvent.

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

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This is the way a Ponzi scheme works. This can go on for around 3-4 months until one day the site will only go offline and the money is going to be gone. No more payments will be produced and a lot of people may get angry that they got scammed.

We have reviewed several Bitcoin investment websites in the past 3 years and have yet to find a site that we can state is  secure to invest in. Any website that promises you something that is too good to be true is likely only a facade for scammers trying to steal your coins. .

How can you find out whether a website is a scam for yourself Easy, utilize our Bitcoin scam test 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 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 much more. The process for claiming forked coins (aka forkcoins) is standard but requires an above fundamental understanding of the way 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 would 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 that may easily turn into a scam which 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 general public, although in some situations some conditions can apply.

By way of instance, 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 significance review of some time method you can use to make money from the Bitcoins but they can be SUPER risky. I would advise you to utilize these Homepage methods 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 more insecure while others require a greater amount of effort.

In order to make it easier for you to review exactly what weve just covered we made a table which illustrates the different methods (you can see at the peak 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 make new income flows. .

You might still have any questions. If this is the case, simply leave them in the comment section below. And when check my reference youve tried out one of the approaches above and want to share your experience with it Id love to hear it as well.

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