From BTC faucet towards 1 BTC in one year! Update 1

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Avatar for TheCryptoGambler
2 years ago

Around a week ago I start with the challenge to see if it is possible to earn 1 mighty BTC from a BTC faucet website. You can read the original article here:
https://read.cash/@TheCryptoGambler/from-btc-faucet-towards-1-btc-in-one-year-0077d086

The BTC faucet chosen to complete this challenge is freebitco.in (https://freebitco.in/?r=41852558).

So, now after a little more than a week it is time to write an update and see if I am still on track.

The progress

The blue line is the one I do need to follow, while the green line is my actual progress. As you can see the start was great, but then I did ran out of luck and lost around 55% of my holdings. I can blame only myself for this. To succeed I do need to gamble a little bit but I just didn't stop according to the plan. I did loose my discipline. But luckily I noticed this in time and didn't go bankrupt, which would have set me back a lot.
After that the only way was up, but I do know that a new losing day will be around the corned. This is part of the game. You need to acknowledge that and just take the loss and move forward again.

According to the plan I should have 11704 Sats this morning but with 13750 at the moment I do have a small advantage, which is needed of course. I should end the month with a little bit more than 16500 sats, which shouldn't be a problem, I even don't need to gamble to reach that mark.

Where did my increase came from?

Let's start with the hourly rolls.

Since last update I did roll an extra 230 times, good for a profit of 7308 sats, that's 31 sats per roll.

But to bad I also has a losing post!

Not nice indeed. But things do happen; it is just how you deal with it.

But also the Premium rolls do add something. I did had 126 premium rolls which was good for 2011 sats and 2641 reward points. I do need 15K more reward points before I can swap them into 100K sats, which really would be a push in the back.

Sharing my referral commission

While becoming a player a freebitco.in doesn't cost the player anything when he/she does use a referral link, I do share my commission with my active referrals. At the moment this is set at 10%, but I am willing to increase this up to 30%. Each time, 5 new referrals do sign up, I do increase it with 5%.

At the moment I do only have 12 referrals, so 3 more are needed.

I do know that this isn't a lot but it does add up.
An extra sats is an extra sat.

Next weeks

There isn't a real need to increase my holdings with gambling to stay on track the upcoming weeks, so I won't do that too much. I don't expect any problems until half way of February when things will get more interesting.

But I do want to get to 30K sats as soon as possible with minimal risk, when I do have 30K sats I also will start earning some daily interest, while not a lot in the beginning it does is a free push in the back.

Feel free to join me in my quest to earn one mighty BTC at:

https://freebitco.in/?r=41852558

Cheers,
Peter

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2 years ago

Comments

I lost 30k satoshi in the past in this platform. You win a while but the result is not changing. The case always wins. Roll earnings are already too low. One also is boring to make a roll every time of the day.

$ 0.00
2 years ago

Seems like at least you have a plan or a strategy. I use the site, but don't do much gambling, so my progress there will likely be much slower. But certainly it will be interesting to see if you actually reach your goal by year's end.

Onward and upward to you.

$ 0.00
2 years ago

I am also curious if it is possible. I do need to remind myself that it is a marathon and not a sprint.

$ 0.00
2 years ago

Well I'll be very interested to see how it goes! I always lose patience with faucets

$ 0.00
2 years ago

Me too but that's why I did set myself a goal of increasing my holdings with a little more than 2.5%. In the same way I do want to try to earn 1M BFG; Would be cool if I could complete that one. Or just one of both is enough 😂

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2 years ago