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Heres a list of highly profitable Bitcoin affiliate programs which we have already field tested ourselves.
A very obvious method 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 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 trustworthy Bitcoin casino will know their home edge 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 so through an mathematical formula involving cryptography.
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Bottom line, a provably reasonable casino will show you how to check that the results of the game 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 phrases you may want to consider becoming a crypto journalist or post author. As the crypto industry evolves, more and more news and information websites are popping up. In many cases these sites are in desperate need for authors since they're publishing dozens of articles each week. .
Since good writers are tough to find, if you can submit quality work you may 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 would be to look for the jobs section in your favorite crypto publications. You can also email certain websites youd like to compose for, or you can produce a writer profile on Upwork an international freelance market.
I can guarantee you there's a dire need for good authors. Its best if you have some sample articles on hand before applying for a writing job as many publications would request previous work before hiring you.
If youre not good with words perhaps theres a different service you can offer. The BitcoinTalk services thread offers a wide variety of services you can provide 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 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 simple fact is that today Bitcoin mining has become more of a profession than a hobby. It needs extremely expensive mining equipment, higher energy costs, hardware configuration knowledge and physical space 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. Another hassles of Read Full Article electricity costs, configurations, maintenance and so on are basically the same.
Occasionally youll encounter a web site 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 simply to offer you a few cents in return.
Another option is cloud mining paying someone else to handle the mining equipment for you. While this sounds ideal, most of the cloud mining sites today are just pretending to use your money for mining operations, they are in fact 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 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 very common way of growing your Bitcoin wealth is via Bitcoin lending systems. These sites connect borrowers that need crypto with crypto owners who lend their coins for an interest fee. As such loans are ultra risky the interest rates are pretty high which initially seems like a fantastic thing. .
Well, since there's absolutely no true collateral that holds the borrower liable for the loan more often than not these loans default and lenders are abandoned 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 it is wise to avoid are coin doublers and High Yield Investment Programs also known as HYIPs. These are websites which promise to double your coins every few days or provide you unreal interest rates.