You may be the casual investor who, seeing the boom in cryptocurrencies, rushed to invest your fiat into the digital currency of the future. That said, that does not mean the investment is cheap; in fact, investing is always a risk and it pays (pun intended) to only invest money that you cannot afford to lose.
A strategy is key to any type of investing strategy, and while many may be enamored by the prolific ability to double and triple your cryptocurrency investments in just a few days, blockchain technology is around to stay and it is important to diversify your portfolio by also adding potential long-term plays into the mix. Maintaining a portfolio with swing trade positions and long-term HODLs is the key to building greater buying power and wealth. However, there are additional ways to gain a passive income in cryptocurrency and here I will describe one that I have just gotten acquainted with.
A Bitcoin faucet, for many who may not know what it is, describes a tool or platform that gives the user free Bitcoin at certain intervals throughout the day (i.e. hourly) or in accordance to tasks completed (i.e. apps downloaded). While the amount may be small, it is safe to say that the simple tasks add up fast. All you need for this particular faucet is an internet connection and a little bit of luck.
After trying a few faucets offered, the one I feel most confident about is FreeBitcoin, which you can check out here:
https://freebitco.in/?r=11651894
To start earning, simply make an account and click the Roll button to get started. BOOM, just like that, you have just received your very first payment in Bitcoin that will begin to accumulate. What is even better is that it is on an hourly timer, so you can roll once every hour. On top of that, there is a mobile application for it to on the AppStore that allows you to do it with ease.
The mechanic of the roll is quite simple, as this chart shows:
Depending on the number you roll, you can get a certain amount of BTC, which can lead to almost $200 a day (if you are lucky). It is almost like gambling for free, only you are being paid in the currency of the future!
I pick this faucet over others because of its ease of use and multitude of other features that make it more than just an ordinary faucet:
A fully functional slot-machine that can be used to multiply your earnings in an instant!
A weekly lottery for huge Bitcoin prizes that you are entered into just by doing the hourly roll as much as possible to increase your chances of winning.
It may not seem like the most effective way of earning but it is a fun and simple way to grow your Bitcoin balance that can later be withdrawn for other purposes. This faucet also provides daily interest on your balance once you reach a certain threshold, so that is all the more reason to keep playing the game of chance!
If you would like to give your luck a chance, head over to https://freebitco.in/?r=11651894 and get started! Do not feel disheartened if you do not make a lot at first, as it is a gradual process. Some may say all good things in life are not free, but here is a superb way to grow your Bitcoin balance, and best of all, it's absolutely free! Good luck :)
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