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Weve tested out several loans here at 99Bitcoins, and they all eventually defaulted. Thats why I recommend to stay away from this specific 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 couple of days or provide you unreal interest rates.
What these sites really do is take money from new customers and use that money to pay off older users. This procedure creates a great deal of buzz around the site that is apparently untrue and solvent.
On top of that, they almost always have some kind of referral app so that users can bring their friends on board.
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This is the way 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 will be gone. No more payments will be made and a lot of people may get mad that they got scammed.
We've reviewed several Bitcoin investment sites in the previous 3 years and have yet to find a website that we can say is  secure to invest in. Any website that guarantees you something that is too good to be true is likely only a facade for scammers trying to steal your coins. .
How can you find out whether a website is a scam for yourself Easy, use our Bitcoin scam evaluation tool to get a fair assumption about a websites validity.
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 claim the new coin too.
The first popular branch was Bitcoin Cash, but soon after followed Bitcoin Gold, Bitcoin Diamond and much more. The process for claiming forked coins (aka forkcoins) is standard but requires an above fundamental understanding of how Bitcoin works. You can view our fork claiming guide .
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Bear in mind that if youre not sure what youre doing when claiming a forkcoin you might end up losing your Bitcoins. So for most non technical users it'd better to pass on a fork and maintain your Bitcoins safe. Other alternatives include companies which claim the coins for you personally and have a commission but this could easily turn into a scam that runs away with you money. .
Once you maintained a forkcoin you can sell it on an exchange for Bitcoin or alternative visit the site 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 in a certain cryptocurrency. The currency is distributed freely to the public, although in certain cases some conditions can employ.
By way of instance, Byteball was distributed publicly 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 significance of time method you can use to create money from your Bitcoins however they can be SUPER insecure. I'd recommend that you utilize these approaches only after considerable research and a good understanding of the claiming process.
Weve covered a lot of ways you can earn Bitcoin or make money with More Bonuses cryptocurrencies. In the end each method has its pros and cons, some are more insecure while others require a larger amount of work.
In order to make it much easier for you to review exactly what weve only covered we made a table which illustrates the different approaches (you can see on peak of the post). As you can see theres no simple, risk free way to make money with Bitcoin. The good news is that it's possible, my response and if you put some effort into it you can find a great deal of creative ways to create new income streams. .
You may still have some questions. If this is the case, simply leave them in the comment section below. And when youve tried out one of these approaches previously and want to discuss your experience with it love to hear it also.
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