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Heres a listing of highly profitable Bitcoin affiliate applications which we've previously field tested ourselves.
A very obvious method of trying to increase your crypto wealth is to gamble on it using one of the various Bitcoin casinos out there. Obviously theres not much to elaborate on this technique but if you do choose to risk your money and try your own luck, please be certain that the casino youre using is provably reasonable. .
A trustworthy Bitcoin casino will probably know their house edge is enough to make a profit and for that reason will want to prove for their players that they are not manipulating any results. They do so through a mathematical formula involving cryptography.
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Bottom line, a provably fair casino will show you the way to check the results of the match you play are completely random. You can find a listing of provably fair Bitcoin casinos on our website.
If youre into crypto and have a knack for words you might want to consider becoming a crypto journalist or post writer. Since the crypto industry evolves, more and more news and information sites are popping up. In many cases these websites are in dire need for authors since they're publishing dozens of articles each week. .
Since good authors are hard to find, if you can submit excellent work you might have the ability to earn a nice revenue stream by writing about Bitcoin and cryptocurrencies from the comfort of your own house.
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The best methods to find work as a writer is to look for the tasks section in your favorite crypto publications. You can also email certain sites youd like to write for, or you can create a writer profile on Upwork an international freelance market.
I can assure you there's a desperate need for good authors. Its best if you have some sample posts on hand prior to applying for a writing project as many publications would request previous work before hiring one.
If youre not great with words perhaps theres a different service you can provide. The BitcoinTalk services thread supplies a wide array of services you can supply in exchange for Bitcoin. A few of these include developing a site, marketing an online merchandise or even becoming an Escrow agent for Bitcoin transactions. .
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Many people that start out 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 simple fact is that today Bitcoin mining has become more of a profession than a pastime. It requires extremely expensive mining equipment, high electricity costs, hardware configuration knowledge and physical space to really store your miners.
Mining altcoins (e.g. Ethereum mining) is more affordable than what youd need in order to mine Bitcoin. However, this only means that the hardware will probably cost less. The other hassles of power expenses, configurations, maintenance and so on are essentially the same.
Occasionally youll encounter a web site or cellular app that tells you they will mine coins for you. Most of these services are pretty much useless and will usually consume your apparatus computing power and battery simply to give you a few cents in return.
Another option is cloud mining paying someone else to handle the mining equipment for you. When this sounds perfect, most of the cloud mining sites today are just 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 pay them to mine Bitcoin is probably better invested just buying Bitcoin. Obviously we always urge you to do your own market research since in the end, its your money.
A very common way of growing your Bitcoin wealth is through Bitcoin lending systems. These sites connect borrowers that need crypto with crypto owners that lend their coins to get an interest rate. As these loans are ultra risky the interest rates are high that initially seems like a good thing. .
Well, since there's absolutely no actual collateral that retains the borrower liable for your loan more often than not these loans default and lenders are abandoned with no money.
Weve tested out many loans here at 99Bitcoins, and they all eventually defaulted. Thats why I recommend to stay away from this specific method.
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Another method it is wise to avoid are coin doublers and High Yield Investment official statement Programs also known as HYIPs. These are websites which promise to double your coins every couple of days or give you unreal interest rates.