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Heres a list of highly profitable Bitcoin affiliate programs which we've already field tested ourselves.
A very obvious method of trying to increase your crypto wealth is to bet on it using one of those many Bitcoin casinos out there. Obviously theres not much to elaborate on this technique but if you do decide to risk your money and try your luck, please make sure the casino youre using is provably fair. .
A trustworthy Bitcoin casino will know that their home advantage is enough to earn a profit and for that reason are going to want to prove to their players that they're not manipulating any results. They do so via a mathematical algorithm involving cryptography.
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Bottom line, a provably reasonable casino will explain to you the way to check that the results of the match you play are completely random. You can find a list of provably fair Bitcoin casinos on our site.
If youre into crypto and have a knack for words you might want to consider becoming a crypto journalist or article author. Since the crypto industry evolves, more and more news and information sites are popping up. In many instances these websites are in dire need for writers since they are publishing dozens of articles each week. .
Since great authors are tough to find, if you can compose excellent work you might be able 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 would be to start looking for the tasks section in your favourite 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 guarantee you there's a dire need for good writers. Its best if you have some sample articles on hand before applying for a writing job as many publications would ask previous work before hiring you.
If youre not good with words maybe theres a different service you can offer. The BitcoinTalk services thread offers a huge array of services that you can provide in exchange for Bitcoin. Some of these include developing a website, marketing an online product 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 could 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 energy costs, hardware configuration knowledge and physical area to really store your miners.
Mining altcoins (e.g. Ethereum mining) is cheaper than what youd need in order to mine Bitcoin. However, 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.
Occasionally youll encounter a website or mobile app that tells you they'll mine coins to you. The majority of these providers are pretty much useless and will usually consume your devices computing power and battery simply to offer you a couple of cents in return.
Another option is cloud mining paying someone else to handle the mining equipment for you. When this sounds perfect, the majority of the cloud mining sites nowadays are simply pretending to use this article your money for mining operations, they're in scams.
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Furthermore, while there are a couple of legit sites out there, the money youd pay them to mine Bitcoin is likely better invested just buying Bitcoin. Of course we always urge you to do your own market research since in the end, its your money.
A very common method of growing your Bitcoin wealth 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's absolutely no actual collateral that holds the debtor liable for your loan more often than not these loans default and lenders are left without their money.
Weve tested out several loans at 99Bitcoins, and they all eventually defaulted. Thats why I recommend to stay away from this specific 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 websites that promise to double your coins every couple of days or give you unreal interest prices.