A journey about acquiring bitcoins and altcoins with no risk involved and without any investments.
It began about 4-6 weeks ago when a friend mentioned he wanted to buy Bitcoin and I decided to do some research on mining, buying, trading, scams, altcoins etc.
Cryptocurrency has great potential but there are 2 sides of the coin here so to speak.
On the one side cryptocurrency is a new fancy shiny illusion but more accurately a DISTRACTION from acquiring real tangible assets and investments like precious metals.
Find videos on YouTube with Doug Casey for in depth study of this.
On the other side, this can be a great opportunity for anyone to make good money if they are able to speculate well.
Cryptocurrency is UNPREDICTABLE! It is given value by it's user base, meaning if people find good use for it there will be a demand to buy it thus giving the currency certain value.
Low in demand = value drops.
High in demand = value rises.
When I found faucets, which work like any other PTC (Paid to click) site, it seemed like a great idea because there was no risk involved, there was no investment required.
After using a few of these faucets, I noticed it would take forever to make any decent amount of coins just claiming by myself. However most faucets have referral programs that pay anything between 5% - 100% for all referral claims.
Not only that, I started to discover other ways of earning bonuses and extra free coins.
This was a bright prospect.
I always look far ahead with these ideas so made a hypothetical calculation.
If you managed to get 100 000 active referrals one day... it is possible right? With SEO content marketing, Social Media, Advertising etc.
It may take a few years but if each of these active referrals creates a commission of just 1000 Satoshi a day, you would receive 1 Bitcoin every day!
1 Bitcoin is worth about $2749 today.
Is it worth it?
I am surely going to try! ^^,
Have already found some great faucets and PTC's that are reliable and payout (below in green).
I use CoinPot for 5 of the faucets and transfer the amounts directly into my Coinbase account and there are no transaction fees for that. For Dogecoin you can use your Dogechain wallet address and there will also be no transaction fees.
Looking into some auto-collectors but not sure if these are legal at this point?
I will add to this journey report or start a new one...
Kind regards,
Kamil
It began about 4-6 weeks ago when a friend mentioned he wanted to buy Bitcoin and I decided to do some research on mining, buying, trading, scams, altcoins etc.
Cryptocurrency has great potential but there are 2 sides of the coin here so to speak.
On the one side cryptocurrency is a new fancy shiny illusion but more accurately a DISTRACTION from acquiring real tangible assets and investments like precious metals.
Find videos on YouTube with Doug Casey for in depth study of this.
On the other side, this can be a great opportunity for anyone to make good money if they are able to speculate well.
Cryptocurrency is UNPREDICTABLE! It is given value by it's user base, meaning if people find good use for it there will be a demand to buy it thus giving the currency certain value.
Low in demand = value drops.
High in demand = value rises.
When I found faucets, which work like any other PTC (Paid to click) site, it seemed like a great idea because there was no risk involved, there was no investment required.
After using a few of these faucets, I noticed it would take forever to make any decent amount of coins just claiming by myself. However most faucets have referral programs that pay anything between 5% - 100% for all referral claims.
Not only that, I started to discover other ways of earning bonuses and extra free coins.
This was a bright prospect.
I always look far ahead with these ideas so made a hypothetical calculation.
If you managed to get 100 000 active referrals one day... it is possible right? With SEO content marketing, Social Media, Advertising etc.
It may take a few years but if each of these active referrals creates a commission of just 1000 Satoshi a day, you would receive 1 Bitcoin every day!
1 Bitcoin is worth about $2749 today.
Is it worth it?
I am surely going to try! ^^,
Have already found some great faucets and PTC's that are reliable and payout (below in green).
I use CoinPot for 5 of the faucets and transfer the amounts directly into my Coinbase account and there are no transaction fees for that. For Dogecoin you can use your Dogechain wallet address and there will also be no transaction fees.
Looking into some auto-collectors but not sure if these are legal at this point?
I will add to this journey report or start a new one...
Kind regards,
Kamil