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Weve tested out several loans at 99Bitcoins, and they 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 claim to double your coins every couple of days or provide you unreal interest prices.

What these sites actually do is take money from new users and use that money to pay off old users. This method makes a lot of buzz around the site that seems to be legit and solvent.

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

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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 site will only go offline and the money will be gone. No more payments will be made and a lot of people may get mad that they have scammed.

We have reviewed many Bitcoin investment websites in the past 3 decades and have yet to find a site that we can state is  secure to invest in. Any website 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 if a site is a scam for yourself Easy, utilize our Bitcoin scam evaluation tool to acquire a fair assumption about a websites 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 also claim the new coin as well.

The first popular fork was Bitcoin Cash, but soon after followed Bitcoin Gold, Bitcoin Diamond and more. The process for claiming forked coins (aka forkcoins) is standard but demands an above fundamental understanding of the way Bitcoin works. You can see our fork claiming guide .

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 customers it'd better to pass on a fork and maintain your Bitcoins safe. Other alternatives include companies which assert the coins for you personally and have a commission but this could easily turn into a scam that runs off with you money. .

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Once you maintained a forkcoin you can sell it on an exchange for Bitcoin or other cryptocurrencies assuming it has a market.

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

By way of example, 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 your Bitcoins however they can be SUPER insecure. I'd recommend that you use these methods only after ample research and a good understanding of the claiming process.

Weve covered a great deal of ways in which you can earn Bitcoin or even make money with cryptocurrencies. In the end each method has its own pros and cons, some are far more risky while others require a greater amount of work.

In order to make it much easier for you to review what weve only covered we made a table which illustrates the different methods (you can view on top of the post). As you can see theres no easy, risk free way to make money you can find out more with Bitcoin. The good news is that it is possible, and if you put some effort into it you can find a lot of creative ways to create new income flows. .

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

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Each and every day, Bitcoin that the cryptocurrency and Bitcoin the technology becoming more popular. When in 2011 you needed to write a person from the other continent to order a pizza for you with Bitcoins, now you can certainly do something like that in a number of major cities. In certain countries like the Netherlands, the entire towns are Bitcoin-friendly (such as Arnhem, often known as the Bitcoin city) now with a range of official source services offered for people that are willing to pay with BTC.

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