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

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

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

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On top of that, they almost always have some type of referral program so that consumers 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 the website will only go offline and the money will be gone. No more payments will be produced and a lot of people may get mad that they got scammed.

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

How can you find out whether a site is a scam for yourself Easy, use our Bitcoin scam test tool to acquire a reasonable assumption about a websites validity.

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Starting around August 2017 Bitcoin began forking into other coins. In a nutshell, forking  means a new Bitcoin clone emerges in the existing Bitcoin. Every person who held Bitcoin prior to 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 more. The process for claiming forked coins (aka forkcoins) is standard however demands an above basic understanding of how Bitcoin works. You can see our fork claiming guide here.

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

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Once you claimed a forkcoin you can sell it on an exchange for Bitcoin or other cryptocurrencies assuming it's a market.

Airdrops are much like forks in the sense which 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 employ.

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 highest value for some time method you can use to create money from your Bitcoins but 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 lot 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 more risky while others require a larger amount of effort.

In order to make it much easier for you to review exactly what weve just covered we made a table that illustrates the different methods (you can see at the top of the post). As you click this link can see theres no easy, 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 make new income flows. .

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

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Each and every single day, Bitcoin that the cryptocurrency and Bitcoin the technology gets more popular. When in 2011 you had to write a person from another continent to purchase a pizza for you with Bitcoins, now you can do something like this in a number of important cities. In some countries like the Netherlands, the entire towns are Bitcoin-friendly (like Arnhem, often known as the Bitcoin city) now with a range of services available for people who are willing to pay with BTC.

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