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Heres a list of highly profitable Bitcoin affiliate programs which we have previously subject tested ourselves.
A very obvious way of trying to increase your crypto wealth would be to gamble on it using one of the various Bitcoin casinos on the market. Obviously theres not much to elaborate on this method but if you do decide to risk your money and try your own fortune, please be certain that the casino youre using is provably fair. .
A trusted Bitcoin casino will know their house edge is enough to make a profit and for that reason will want to prove for their players that they're not manipulating any results. They do so through a mathematical algorithm involving cryptography.
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Bottom line, a provably fair casino will show you the way to check the results of the game you play are entirely random. You can find a list of provably honest Bitcoin casinos on our site.
If youre into crypto and have a knack for words you may want to consider becoming a crypto journalist or article author. As the crypto industry evolves, more and more news and information sites are popping up. In many instances these websites are in dire need for authors since they're publishing dozens of posts weekly. .
Since good authors are tough to find, if you can compose quality work you might have the ability to earn a nice revenue stream by writing about Bitcoin and cryptocurrencies from the comfort of your own home.
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The best ways to find work as a writer is to start looking for the jobs section in your favorite crypto publications. You can also email specific sites youd like to write for, or you can create a writer profile on Upwork an international freelance market.
I can assure you there is a desperate need for good authors. Its best if you've got some sample posts on hand before applying for a writing job due to the fact that many publications would ask previous work prior to hiring one.
If youre not great with words maybe theres recommended you read a different service you can offer. The BitcoinTalk services thread offers a huge variety of services you can supply in exchange for Bitcoin. Some of them include developing a website, marketing an online merchandise or even becoming an Escrow agent for Bitcoin transactions. .
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Many people who begin with Bitcoin are instantly drawn to the concept of Bitcoin mining. I mean, creating magical Internet money from your home computer What might be better
The fact is that today Bitcoin mining has become more of a profession than a hobby. It needs extremely expensive mining equipment, high electricity costs, hardware configuration knowledge and physical area to really save your miners.
Mining altcoins (e.g. Ethereum mining) is cheaper than what youd need in order to mine Bitcoin. But this only means that the hardware will probably cost less. The other hassles of electricity costs, configurations, maintenance and so on are essentially exactly the same.
Sometimes youll encounter a website or mobile program that tells you they will mine coins to you. Most of these services are basically useless and will usually consume your apparatus computing power and battery simply to give you a couple of cents in return.
Another option is cloud mining paying someone else to handle the mining equipment for you. While this sounds perfect, most of the cloud mining websites today are simply pretending to use your money for mining operations, they are in scams.
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What's more, while there are a few legit sites on the market, the money youd cover them to mine Bitcoin is likely better invested just buying Bitcoin. Of course we always urge you to do your own market study since in the end, its your money.
A remarkably popular way of growing your Bitcoin riches is through Bitcoin lending systems. These sites connect borrowers that need crypto with crypto owners that lend their coins for an interest rate. As such loans are ultra risky the interest rates are high which initially seems like a fantastic thing. .
Well, since there is no actual collateral which holds the borrower liable for your loan more often than not these loans default and lenders are left without their money.
Weve tested out many loans at 99Bitcoins, and they eventually defaulted. Thats why I recommend to stay away from this particular method.
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Another method I suggest you avoid are coin doublers and higher Yield Investment Programs also known as HYIPs. These are sites which claim to double your coins every few days or give you unreal interest prices.