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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 High Yield Investment Programs also known as HYIPs. These are websites which claim to double your coins every few days or give you unreal interest prices.
What these sites actually 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 seems to be legit and solvent.
On top of that, they nearly always have some kind 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 is going to be gone. No more payments will be made and a great deal of people will get mad that they got scammed.
We have reviewed many Bitcoin investment websites in the previous 3 years and have yet to find a site that 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 scammers trying to steal your coins. .
How can you find out whether a website is a scam to get yourself Easy, use our Bitcoin scam test tool to get a reasonable 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 in the existing Bitcoin. Every person who held Bitcoin prior to the fork can now also claim the new coin as well.
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 however requires an above basic understanding of how Bitcoin works. You can see our fork claiming guide .
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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 visit this site right here better to pass on a fork and keep your Bitcoins secure. Other alternatives include companies which claim the coins for you personally and have a commission but that 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 cryptocurrencies assuming it's 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 in a certain cryptocurrency. The currency is distributed freely to the general public, although in some situations some conditions can apply.
For 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 highest value for time method you can use to make money from the Bitcoins however they can be SUPER insecure. I would advise you to 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 earn money with cryptocurrencies. In the end each approach has its pros and cons, some are more insecure while others take a greater amount of work.
In order to make it much easier for you to review exactly what weve just covered we created a table that illustrates the different methods (you can see on top of this post). As you can see theres no simple, risk free way to make money with Bitcoin. The fantastic news is that it's possible, and if you put some effort into it you can find a lot of creative strategies 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 these approaches above and want to discuss your experience with it love to hear it as well.
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