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Heres a list of exceptionally lucrative Bitcoin affiliate applications which we've already subject 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 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 trusted Bitcoin casino will know that their home edge is enough to make a profit and therefore will 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 explain to you how to check the results of the game you play are entirely 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. As the crypto industry evolves, more and more news and information sites are popping up. In many cases these websites are in dire need for writers since they are publishing dozens of posts weekly. .
Since great writers are hard to find, if you can compose quality 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 look for the jobs section in your favorite 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 is a desperate need for good authors. Its best if you've got some sample posts on hand before applying for a writing job as many publications would ask previous work prior to hiring one.
If youre not great with words perhaps theres a different service you can offer. The BitcoinTalk services thread offers a wide array of services that you can provide in exchange for Bitcoin. Some of these include developing a site, marketing an online merchandise 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 home computer What might be better
The fact is that now Bitcoin mining has become more of a profession than a pastime. It requires extremely expensive mining equipment, higher electricity costs, hardware configuration knowledge and physical space to really useful content save your miners.
Mining altcoins (e.g. Ethereum mining) is more affordable 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 website or mobile program that tells you they'll mine coins for you. The majority of these providers are pretty much useless and these details will usually consume your apparatus computing power and battery life simply to give 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 just pretending to use your money for mining operations, they are in scams.
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Furthermore, while there are a few legit sites out there, the money youd cover 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 remarkably common method of growing your Bitcoin wealth is through Bitcoin lending platforms. These sites connect debtors who need crypto with crypto owners that lend their coins for an interest rate. Because these loans are ultra risky the interest rates are high that initially looks like a good 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 abandoned with no money.
Weve tested out many loans here at 99Bitcoins, and they all eventually defaulted. Thats why I recommend to stay away from this specific 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 sites which claim to double your coins every few days or give you unreal interest rates.