It was exactly on January 2017 and it's been more than 3 and half year since I discovered all about crypto currencies. With all that time, I can really say that the world of crypto currency is one of best ways to earn an additional money but at the same time, one of my worst experience.
I started my journey in crypto when I saw one my friends posting a link in his Facebook post about Bitcoin and saying that it was a free money. It was stated on his post that all that it needs to earn is to sign up on the referral link given and invite someone or invest at least $10 for us to be able to withdraw - that was cloud mining.
As a beginner, I quickly signed up and went to the dashboard and saw an amount of BTC running. Of course I didn't want to invest as there was an other options to be eligible to withdraw - inviting.
I was inviting for almost one week and gained some referrals, and 10 days after I signed up to the link, I saw my balance on the dashboard that I already reached the required balance to withdraw. I tried to withdraw it and after 6 to 7 hours, I received a notification in my Coin.Ph wallet that i received something. When I checked it out, there was a balance of BTC and below it was the amount of more than 500 Pesos.
I was really happy that time and that alone pushed me to know more about crypto currency - Bitcoin to be exact.
I made some research about the ways to earn more Bitcoins and learned that there are lots ways. Bitcoin applications, cloud mining, airdrops, faucets, investing, trading and many more.
As a beginner, I didn't want to occupy my mind with all those stuff as I was also a student. So I decided to choose only 2 ways for me to earn - through Bitcoin earning applications and cloud mining.
Discovering Claim Bitcoin Network
This was the very first 3 applications that I discovered and all I can say that this was and for me, still the greatest and highest paying bitcoin applications when it was still running.
These 3 applications can make you claim almost 200 satoshis every 15 minutes and every week you can get 50,000 satoshis or around $5.00 that time. Sadly, they needed to stop their applications because Google stop running advertisement in their apps because of the threats of crypto currency.
I was playing their applications for more than half a year before they stopped running the apps and I have earned more than $100 through the game and my affiliates income.
Getting scammed
After the Claim Bitcoin Network stopped their apps, I was reminded that there are still other ways to earn crypto currency. I tried to study about trading but I've concluded that it needed to have quite some amount to get started so I neglected it and instead decided to invest through cloud mining sites.
So I looked everywhere in Facebook groups, advertisements in faucet's sites and even in mobile applications that advertise cloud mining.
Then I saw again a referral link on Facebook with a proof of payment that he had received from the investment site. So without hesitation, I quickly signed up and deposited $20 of BTC because I had this mindset that the greater amount of investment, the greater amount of profit I can receive. I was so ignorant that time that I didn't think of the risks I was getting into.
10 days had passed, and that was the time that I should withdraw my deposits as well as my profit. But the moment I opened the site, I was shocked! The site says that there was an error and no matter how many times to reload the site it doesn't show anymore.
I tried to ask questions on Facebook about the problems and I was really saddened about their responses - "It's already a scam because it was running for many weeks now".
I was really annoyed that time, my hard-earned money was gone just like a bubble. But despite of that, I made it as an experience and learned something new - "Always invest in a newly launched investment sites".
And because I thought was smart enough, I then again invested but this time with a newly launched site. I quickly signed up again and invested $20 with a confidence that I'll be getting paid the next day. But I was wrong, the site was already a scam even on its first day. Then again, I lost my hard-earned money.
Had a huge profit for the first and last time.
Because I was so naive and wanted to take to all my lost money, I still didn't stop to invest and that time, I was lucky.
I saw on Facebook again about a site where you can double your bitcoins in just 24 hours. And then I decided that it will be now or never.
So as usual, I signed up again and this time, I invested $40 of BTC. This stake was to recover all my lost funds from my previous investments.
And exactly after 24 hours, I received my money and it was doubled.
And that was the only time I received such profit in one day. Then I stopped.
Leaving crypto currency
The time came that I needed to stop knowing the crypto currency world. I needed to pursue and focus on my studies. It was a sad moment but i knew to myself that I'll be back.
Coming back with Bitcoin Cash
After leaving the crypto currency world for more than a year, because of the pandemic, I've decided to go back to crypto and start again. This time, it's Bitcoin Cash.
One of the forums in the internet I was in was having a trend about this blogging site where you can earn Bitcoin Cash through articles. At first I was hesitant but still I signed up - it's Read.Cash.
And now, I am earning Bitcoin Cash and wanting more of it because the fork is way better than its original. The transactions are way faster, the fees are a lot smaller and I'm seeing high potential that Bitcoin Cash will one day surpass Bitcoin.
I made a research about Bitcoin Cash because back then I didn't care about Bitcoin Cash and after gaining some knowledge about it, I was really amazed how will this coin have the possibility of becoming the World's largest payment system. And when that time came, I will be there.
Image sources
Lead Image : Bitcoin Cash
Image 1 : Claim Bitcoin Network
The year 2017 was the historic year of BTC that was the highest price