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Heres a list of exceptionally profitable Bitcoin affiliate programs which we've already subject tested ourselves.
A very obvious method of trying to increase your crypto wealth is to gamble on it using one of those 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 luck, please make sure the casino youre using is provably fair. .
A trusted Bitcoin casino will probably know their house edge is enough to make a profit and therefore are going to want to prove for their players that they are not manipulating any results. They do this through a mathematical formula involving cryptography.
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Bottom line, a provably reasonable casino will show you the way to check the results of the match you play are completely random. You can find a list of provably honest Bitcoin casinos on our site.
If youre into crypto and have a knack for phrases you might want to consider becoming a crypto journalist or post writer. As the crypto industry evolves, more and more news and information sites are popping up. In many cases these websites are in desperate need for authors since they are publishing dozens of posts each week. .
Since great authors are hard to find, if you can compose quality work you may 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 would be to look for the jobs section in your favourite crypto publications. You can also email certain websites youd like to write for, or you can create a writer profile on Upwork an international freelance marketplace.
I can assure you there's a dire need for good writers. Its best if you have some sample articles on hand before applying for a writing project due to the fact that many publications would request previous work prior to hiring one.
If youre not great with words maybe theres a different service you can provide. The BitcoinTalk services thread offers a wide variety of services you can supply in exchange for Bitcoin. A few of them 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 could be better
The simple fact is that now Bitcoin mining has become more of a profession than a pastime. It needs extremely expensive mining equipment, higher energy costs, hardware configuration knowledge and physical space to actually save 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 cost less. Another hassles of power costs, configurations, maintenance and so on are basically exactly the same.
Occasionally youll encounter a website or cellular program that tells you they will mine coins to you. The majority of these services are basically useless and will often consume your devices computing power and battery life simply to give you a couple of cents in return.
Another useful source option is cloud mining paying someone else to handle the mining equipment for you. When this sounds ideal, the majority 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 out there, the money youd cover them to mine Bitcoin is probably better invested just buying Bitcoin. Obviously we always urge you to do your own market study since in the end, its your money.
A remarkably common way of growing your Bitcoin riches is via Bitcoin lending platforms. These sites connect debtors who need crypto with crypto owners who lend their coins for an interest fee. Because these loans are ultra insecure the interest rates are pretty high which initially looks like a fantastic thing. .
Well, since there is no true collateral which holds the debtor 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 steer clear of this particular method.
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Another method it is wise to avoid are coin doublers and higher Yield Investment Programs also known as HYIPs. These are websites which promise to double your coins every few days or give you unreal interest rates.