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Weve tested out many loans at 99Bitcoins, and they eventually defaulted. Thats why I recommend to stay away from this particular method.
Another method I suggest you avoid are coin doublers and higher Yield Investment Programs also known as HYIPs. These are websites which promise to double your coins every few days or provide you unreal interest prices.
What these sites actually do is take money from new customers and use that money to pay off older users. This method makes a great deal of buzz around the site that seems to be untrue and solvent.
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This is how a Ponzi scheme works. 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 more payments will be made and a great deal of people will get mad that they have scammed.
We've reviewed many Bitcoin investment sites in the previous 3 decades and have yet to find a site which we can say is  safe to invest in. Any site that promises you something that's too good to be true is likely only a facade for scammers trying to steal your coins. .
How can you find out if a website is a scam to get yourself Easy, use our Bitcoin scam test tool to acquire a fair assumption about a sites legitimacy.
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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 before the fork can now claim the new coin too.
The first popular fork 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 requires an above basic understanding of how Bitcoin works. You can see our fork claiming guide here.
Bear 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'd better to pass on a fork and maintain your Bitcoins safe. Other alternatives include companies that claim the coins for you personally and take a commission but this may easily turn into a scam which runs away with you money. .
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Once you claimed a forkcoin you can sell it on an exchange for Bitcoin or alternative cryptocurrencies assuming it's a market.
Airdrops are similar to forks in the sense which you get coins out of thin air. Airdrops are often used to spread the word about a certain cryptocurrency. The currency is distributed freely to the public, although in some situations some conditions can employ.
By way of 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 linked here could possibly be the highest value for time method you can use to make money from your Bitcoins but they can be SUPER insecure. I'd advise you to use 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 even earn money with cryptocurrencies. In the end each approach has its own pros and cons, some are more risky while others require a larger amount of work.
In order to make it easier for you to review what weve just covered we created a table which illustrates the different methods (you can view at the top of this post). As you can see theres no easy, risk free way to generate money with Bitcoin. The good news browse around this site 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 streams. .
You might still have some questions. If so, simply leave them in the comment section below. And when 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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Every single day, Bitcoin that the cryptocurrency and Bitcoin the technology becoming more popular. When in 2011 you needed to compose a person from the other continent to purchase a pizza for you with Bitcoins, now you can certainly do something similar to that in a number of major cities. In some countries like the Netherlands, the entire towns are Bitcoin-friendly (like Arnhem, often known as the Bitcoin town ) now with a range of services offered for people that are willing to pay with BTC.