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Heres a list of highly profitable Bitcoin affiliate applications which we have previously field tested ourselves.
A very obvious method of trying to increase your crypto wealth is to bet on it using one of the many Bitcoin casinos on the market. Of course theres not much to elaborate on this technique but if you do choose to risk your money and try your luck, please be certain that the casino youre using is provably reasonable. .
A trusted Bitcoin casino will probably know that their house 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 through an mathematical formula involving cryptography.
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Bottom line, a provably fair casino will explain to you the way to check that the outcomes of the game 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 phrases you may want to consider becoming a crypto journalist or article writer. As the crypto industry evolves, more and more news and information websites are popping up. In many cases these sites are in dire need for writers as they are publishing dozens of articles weekly. .
Since good writers are tough to find, if you can compose quality work you might be able to earn a nice revenue stream by writing about Bitcoin and cryptocurrencies from the comfort of your own house.
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The very best methods to find work as a writer is to look for the tasks section in your favourite crypto publications. You can also email certain websites youd like to write for, or you can produce a writer profile on Upwork an international freelance market.
I can assure you there's a dire need for good writers. Its best if you've got some sample posts on hand before applying for a writing project as many publications would request previous work prior to hiring you.
If youre not great with words maybe theres a different service you can offer. The BitcoinTalk services ribbon supplies a wide array of services that you can provide in exchange for Bitcoin. A few of them include developing a website, marketing an online product or even becoming an Escrow agent for Bitcoin transactions. .
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Many people who 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 fact is that now Bitcoin mining has become more of a profession than a hobby. 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. Another hassles of power expenses, configurations, maintenance and so on are essentially the same.
Sometimes youll encounter a website or mobile program that tells you they'll mine coins for you. Most of these services are basically useless and will often consume your apparatus computing power and battery life just to offer 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 sites nowadays are simply pretending to use your money for mining operations, they're in fact scams.
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Furthermore, while there are a couple of legit sites out there, the money youd cover them to mine Bitcoin is probably 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 very common way of growing your Bitcoin riches is via Bitcoin lending systems. These sites connect borrowers that need crypto with crypto owners that lend their coins to get an from this source interest rate. As these loans are ultra insecure the interest rates are pretty high that initially looks like a good thing. .
Well, since there's absolutely no actual collateral which retains the borrower liable for your loan more often than not these loans default and lenders are left with no money.
Weve tested out many loans at 99Bitcoins, and they all 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 websites which promise to double your coins every couple of days or give you unreal interest rates.