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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 I suggest you avoid are coin doublers and High Yield Investment Programs also known as HYIPs. These are sites which promise to double your coins every couple of days or give you unreal interest rates.
What these websites actually do is take money from new customers and use that money to pay off older users. This procedure makes a great deal of buzz around the website which is apparently untrue and solvent.
On top of this, they almost always have some sort of referral program so that users can bring their friends on board.
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This is the way a Ponzi scheme functions. This can go on for around 3-4 months until one day that the website will just 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 have scammed.
We have reviewed many Bitcoin investment sites in the previous 3 decades and have yet to find a website which we can say is  safe to invest in. Any site that promises you something that is too good to be true is likely only a facade for individuals trying to steal your coins. .
How can you find out if a website is a scam for yourself Easy, use our Bitcoin scam evaluation tool to get a fair assumption about a sites validity.
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 as well.
The first popular fork 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 demands an above basic understanding of how Bitcoin works. You can view our fork claiming guide visit this page .
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Bear in mind that if youre not sure what youre doing when claiming a forkcoin you could end up try this losing your Bitcoins. So for most non technical customers it would better to pass on a fork and keep your Bitcoins secure. Other alternatives include companies that assert the coins for you personally and take a commission but that could easily turn into a scam that runs off with you money. .
Once you claimed a forkcoin you can sell it on an exchange for Bitcoin or alternative 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 general public, although in certain cases some conditions can apply.
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 may be the maximum value for some time method you can use to make money from the Bitcoins but they can be SUPER insecure. I'd recommend that you use these methods only after considerable research and pop over to this site a fantastic understanding of the claiming process.
Weve covered a great deal of ways you can earn Bitcoin or make money with cryptocurrencies. In the end each approach has its own pros and cons, some are far more insecure while others require a larger amount of work.
In order to make it much easier for you to review exactly what weve just covered we created a table which illustrates the different methods (you can view at the top of this post). As you can see theres no simple, risk free way to generate money with Bitcoin. The fantastic news is that it's possible, and if you put some effort into it you can find a great deal of creative ways to create 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 share your own experience with it love to hear it as well.
About Coinplants
Earn bitcoin for every single task that you finish, and receive payment within hours. Thanks to Bitcoin, there's no more waiting for checks or bank transfers to clear.
All you need to begin earning is a Bitcoin address for receiving payments. We don't collect any of your personal informationnot even your email address. It doesn't get simpler than this.
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