What is Freebitco.in?
Freebitco.in is a Bitcoin faucet, that pays you a certain amount of
Bitcoins every hour. Simple as that. Once you reach the payout threshold, the
Bitcoins will be paid out to your wallet automatically. When we talk about
faucets, we are talking about Satoshis. Satoshi is not another coin, it is just
the term for 0.00000001 Bitcoin. The amount that you get depends on the Bitcoin
price. At the moment (July 2017) we are at around 50 to 100 Satoshis per hour.
There have been many faucet's
or faucet networks over the years, but this is still one of the best and one of
the very few that have survived until now. The site is legit, as I have
received coins for myself, and it also offers a betting game and reward
programs.
There are certain strategies to
maximize your earnings, and there are tons of videos out there, that promise
you an easy passive income with that site. Most (if not all) is of it just not
true, so don't fall for that.
Let us see, what you can
really do.
Collect Reward Points!
If you play by yourself, you
should take a look at the reward point system. Whenever you roll the dice, you will
receive reward points, that can be converted into Satoshi later. You should disable the lottery tickets,
so that you earn more reward points with each roll.
Now that you receive reward
points much faster, you can even redeem them, to receive more reward points per
roll. If you roll more often than 12 times per day, this can help you grow your
reward points really fast!
Use the Referral Program!
Now here is, where it is
becoming really
interesting. If you recommend Freebitco.in to your friends, or you
have another way to get referrals (like a website, blog or YouTube channel for
example), you will receive up to 50% of what they earn!
If you get a few people to
play, this stacks up very good and you receive coins regularly on your wallet.
You might not become rich, but it is easy money. So why leave it on the table?
Don't Gamble!
Yes, those are tons of videos
I was talking about before. They are offering you the best strategy to beat the Hi-Lo game. But if it
were that easy, the site surely wouldn't have survived until now. Think about
that. The concept of the strategy is, that you start with one Satoshi and each
time you lose, you double your
bet. If you win, you return to your base bet of one Satoshi. So if you bet one
Satoshi and lose, you double it. If you win after one loss for example, you
have lost 1 Satoshi and earned 3. That goes on and on and you can even use the auto play option to
gamble for you.
The more Satoshis you have,
the better chance you have, that you won't get a long streak of losses. If you do, you lose all of
your money. And don't think it's about fifty fifty and it would be impossible
to get such a long streak of losses (let's say 8 or 9 in a row) right? Wrong,
because the more often you play, the more likely it will happen. That doesn't
mean the site doesn't play by the rules, it's just mathematics.
What About Investing Bitcoins?
You can invest money on your
Freebitco.in account, and they pay you a certain interest rate per year (around
4% at the moment), which means you get Satoshis on a daily basis. You can check
the calculator on
their page to find out, how much it would make you.
I'm a bit in between with
this. I have learned, that you never leave your Bitcoins in third party hands.
Although Freebitco.in is an honest service, that survived for four years in
this business already, you don't have any guarantee, that there will never
happen something to it, even if it seems not very likely at the moment. I
prefer the safe side. But if you like to, you can leave your Satoshis just in
your account and if you receive enough (especially with referrals), they grow
automatically and you receive a little bonus every day. You just have to remove
the auto withdraw
option in your profile and you are done.
SIMILAR FAUCETS CLAIM EVERY HOUR
1. freebitco.in
MICROWALLET
