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Heres a listing of exceptionally lucrative Bitcoin affiliate applications which we've already field tested ourselves.
A very obvious way of trying to increase your crypto wealth is to bet on it using one of those various Bitcoin casinos out there. Of course theres not much to elaborate on this technique but if you do choose to risk your money and try your own luck, please make sure the casino youre using is provably fair. .
A trusted Bitcoin casino will know that their house advantage is enough to earn a profit and therefore are going to want to prove for their players that they are not manipulating any results. They do this via an mathematical algorithm involving cryptography.
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Bottom line, a provably fair casino will show you how to check the results of the match you play are entirely random. You can find a listing 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 writer. Since the crypto industry evolves, more and more news and information sites are popping up. In many instances these sites are in desperate need for authors since they're publishing dozens of articles each week. .
Since good authors are tough to find, if you can compose excellent work you may be able to earn a nice revenue stream by writing about Bitcoin and cryptocurrencies in 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 certain websites youd like to compose for, or you can create a writer profile on Upwork an international freelance marketplace.
I can guarantee 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 project as many publications would request previous work prior to hiring one.
If youre not good with words maybe theres a different service you can provide. The BitcoinTalk services ribbon offers a wide array of services you can supply in exchange for Bitcoin. Some 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 that begin with Bitcoin are instantly drawn to the concept of Bitcoin mining. I mean, creating magical Internet money from Your House computer What could be better
The simple fact is that today 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 area to really store 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. Another hassles of electricity expenses, configurations, maintenance and so on are basically the same.
Occasionally youll encounter a web site or mobile app that tells you they'll mine coins for you. The majority of these services are basically useless and will often consume your devices 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. When this sounds ideal, most of the cloud mining websites nowadays are simply pretending to use your money for mining operations, they are in scams.
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Furthermore, while there are a few legit sites on the market, 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 important site since in the end, its your money.
A very common method of growing your Bitcoin riches is via Bitcoin lending platforms. These sites connect borrowers that need crypto with crypto owners that lend their coins to get an interest rate. Because such loans are ultra insecure the interest rates are high which initially seems like a good thing. .
Well, since there's absolutely no actual collateral that holds the borrower liable for your loan more often than not these loans default and lenders are left with no money.
Weve tested out several loans here at 99Bitcoins, and her response they all eventually defaulted. Thats why I recommend to stay away from 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 that claim to double your coins every few days or provide you unreal interest prices.