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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 particular method.

Another method it is wise to avoid are coin doublers and High Yield Investment Programs also known as HYIPs. These are sites which promise to double your coins every few days or give you unreal interest prices.

These websites really do is take money from new customers and use that money to pay off older users. This process makes a lot of buzz around the website which seems to be untrue and solvent.

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

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This is how a Ponzi scheme works. This can go on for around 3-4 months until one day the website will just go offline and the money is going to be gone. No longer payments will be produced and a great deal of people will get angry that they got scammed.

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

How can you find out if a website is a scam for yourself Easy, utilize our Bitcoin scam test tool to acquire a reasonable 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 in the existing Bitcoin. Every person who held Bitcoin before the fork can now also claim the new coin too.

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

Keep in mind that if youre not sure what youre doing when claiming a forkcoin you could end up losing your Bitcoins. So for most non technical users it'd better to pass on a fork and maintain your Bitcoins secure. Other alternatives this include companies which claim the coins for you personally and take a commission but that may easily turn into a scam which runs away with you money. .

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Once you maintained a forkcoin you can sell it on an exchange straight from the source 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 often used to spread the word about a certain cryptocurrency. The currency is distributed freely to the public, although in certain situations some conditions can apply.

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 may be the maximum value for time method you can use to create money from your Bitcoins however they can be SUPER risky. I would recommend that you use these approaches only after ample research and a fantastic understanding of the claiming process.

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

In order to make it easier for you to review exactly what weve just covered we made a table that illustrates the different approaches (you can see at the top of the post). As you can see theres no easy, risk free way to make 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 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 youve tried out one of these methods previously and want to share your own experience with it Id love to hear it also.

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Each and every day, Bitcoin the cryptocurrency and Bitcoin the technology gets more popular. When in 2011 you needed to compose a person from another continent to order a pizza for you with Bitcoins, now you can do something similar to this in a number of major cities. In some countries such as the Netherlands, the entire towns are Bitcoin-friendly (such as Arnhem, often called the Bitcoin city) now with a range of services available for those that are willing to pay with BTC.

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