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Weve tested out several loans 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 sites that promise to double your coins every couple of days or give you unreal interest prices.

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

On top of that, 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 can go on for around 3-4 months until one day the website will only go offline and the money will be gone. No longer payments will be made and a great deal of people may get angry that they got scammed.

We've 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 site 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 whether a site is a scam for yourself Easy, use our Bitcoin scam test tool to get a reasonable 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 emerges from the existing Bitcoin. Every person who held Bitcoin before the fork can now also claim the new coin too.

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

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 users it would better to pass on a fork and keep your Bitcoins secure. Other alternatives include companies which assert the coins for you and take a commission but that 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's a market.

Airdrops are similar to 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 public, although in some situations some conditions can apply.

For 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 value for some time method you can use to create money from your Bitcoins but they can be SUPER risky. I would 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 earn money with cryptocurrencies. In the end each method has its own pros and cons, some are far more insecure while others take a greater amount of work.

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

You may still have some questions. If so, simply leave them in the comment section below. And if youve tried out one of the approaches previously and want to discuss your experience why not try this out with it love to hear it as well.

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Every single day, Bitcoin the cryptocurrency and Bitcoin the technology gets 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 do something like this in a number of major cities. In certain countries like the Netherlands, the entire towns are Bitcoin-friendly (like Arnhem, often called the Bitcoin town ) now with a range of services available for people who are willing to pay with BTC.