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Free Ways to Create an Investing Fund Online Via Cryptocurrencies
I personally used to fall into the category of "I pay all my bills, and I like having a few things in my life" (nothing crazy mind you, a nice water bottle, good backpack, shoes that will last). I find I still don't have too much left over, so most of it goes into my traditional savings fund. This unfortunately also leaves all the hopes and dreams of crypto left on the wayside.
This is how I personally how I started my investing fund using the passive internet to my, and now YOUR advantage! I should mention that While I say "passive", the results will definitely vary depending on how passive you want to be. It will become as we go here, But I don't want anyone to think we are just "printing money" off the internet.
Usually when it comes to collecting enough money to start investing, we will see a few kinds of websites that might interest us: faucets, gambling, and low level investments. they all have their pros and cons, so let jump into it to see which best suits your style for funding your future. =)
We will start this series by talking about the easiest, sure fire way to earn your investment capital: Faucets!
Faucets are the easiest, bread and butter way to earn some satoshi's. Usually these consist of watching an ad, or solving a captcha, so the company can verify that they do indeed have real humans viewing their ads. The faucets I started out with around 2013 used to pay a large amount, and now don't or have since gone under. As sad as it was at the time, it leaves us with a few heavy hitters that have been around for a long time and have a proven history of paying out their workers.
Now, as the one of the easiest ways to make money, these do pay out very little. In fact, this site pays about 12 satoshi's (0.00000012 BTC), but it is also very stable and been around for a long time. There is no doubt that it will pay you, and it comes with its own PASSIVE EARNINGS bonus. As long as you hold 30,000 satoshi's (0.0003 BTC) or above, you will earn 4.08% of anything in your account. Now this might not be much compared to the investing we long for, but as it has a minimum of 3,000 satoshi fee for withdrawal, its nice to know you can earn a fraction while you wait to earn what you are comfortable paying to withdrawal.
Now there are a lot of ways this website likes to try and get your hard earned faucet money back from you. There are HI-LO games available, lotteries, grand sweepstakes and so forth. We will cover these pieces in gambling section of this series! There is also a bonus to your faucet earnings if you gamble with them. I have taken the time to build up that bonus specifically, as building it up can net you the equivalent of $0.055 CAD once an hour. Thats nothing to complain about free money for clicking once an hour!
This website has a lot to offer those who are willing to take the time! The faucet is fairly standard, Although as a heads up, they pay you in their own points, which are equivalent to a set amount of USD, THEN it is converted to be worth a value in BTC. Not the end of the world, because they also have paid to click (PTC) ads, videos, short surveys, and games! all as additional ways to make a points balance to withdrawal.
Having said this, there is a very steep withdrawal minimum, So if you want to use this one, I do recommend also taking the time to participate in the paid to click ads, as well as any short videos they might put out. This will increase your daily totals by as much as an extra 1500 satoshis a day. They have also instigated a login bonus, Where you earn +1% to your faucets for everyday you login in a row.
Lastly, and probably my steady favourite, a series website I used for faucet collecting is a network of websites, giving faucets for a different kind of crypto. They all collect their faucet earnings for you in a single website know as CoinPot.co.
This has what i think to be an amazing system for users. They have faucets for BTC, BCH (WOOH!), LTC, DOGE & DASH. They also have their own coin, which you earn just by collecting from their faucets. You can use these coins to convert into a crypto of your preference, or save them and earn passive interest on them as well! FURTHERMORE each faucet you collect with them, you get a random bonus between 1-100% of the faucet (which does in fact hit 100% often enough to believe in it!), as well as a daily bonus (everyday you login you get +1% of the total faucet earnings as a bonus!) as well as a referral bonus (+1% for every referral you bring in).
Finally, the other great pieces about this platform, are that effect of watching seven different faucets all collecting in one wallet (a very nice feeling to see your hard work all in a pile for you instead of separate wallets!), as well as a unique feature that allows flexibility of when you can collect your faucet earnings. You can collect from every website every 5 minutes, Which will absolutely bring you the most earnings, but you can also leave it for up to 1 week, and still be slowly earning (less and less) as your tank fills up. I like this because it means if you are busy in the real world, you can rest assured you aren't wasting your earning time by not pulling out your phone!
Now that we had talked about the older faucets, I would like to take a short pause to add a few spare sites, that I still use and are indeed free. While they do not classify as faucets, they are no risk, proven to pay sites that I think make a great addition to a start portfolio.
This is an undoubtable powerhouse in this category, giving people the ability to cloud-mine for free! You can use this to make $10.00 USD in BTC. It takes approximately a month to pull out your earnings, but it is by far larger than any of these other faucets. You do not need to use their other services, Which we will cover in the gambling article to follow this one! This is a very powerful tool going around right now to help people get into cryptocurrency from the bottomline =).
Another mention to make sure is out there is Miningcompany.ltd. Signing up with these guys, you can receive a free hash rate in their cloud-mining operation to rack in and extra 300 satoshis a day, without having to do anything!
Now we have set you up for success to start collecting your cryptocurrencies. Most of these websites will have a minimum withdrawal amount, and that is just a fact of faucets. So keep collecting, and when you reach that withdrawal minimum, you should learn how to send your funds between two wallets. I suggest collecting everything into your COINPOT wallets for the easiest, fee free way to move your coins around. =) Happy earnings, and If you have any questions, as always, please feel free to leave a comment down below!