freebitco.in : What's the point

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Previously, I had written an article about this fantastic site where everyone has the opportunity to accumulate a small portion of bitcoins by simply clicking a button to spin the wheel. Now, several months after my last article, there have been some important changes worth noting and I have decided to create a dedicated article about it.

What has changed

The "core" part has not undergone changes, as on this site immediately after registration (if you are not yet registered, here is the you are looking for) it is possible to accumulate BTC without too much effort. The operation consists in clicking a button that is associated with a "random generation" of 4 digits, which will lead to a certain gain as soon as all the digits stop. This type of faucet is very close to the gambling mechanism, for which some dynamics (such as the graphics of the numbers that look a lot like those of a slot machine) make the slow capital accumulation experience better. The focus of the discussion is on creating wealth, and wealth doesn't come all at once.

The accumulated points: differences

There are two different ways to accumulate BTC quickly: by playing once an hour, or through rewards. This process is slow, but that doesn't mean it's useless. Every time you "play" you can earn different "reward" points that allow you to increase the capital out of all proportion. If I previously thought it appropriate to spend these points to increase BTC earnings, this situation quickly reversed. In fact, it is no longer convenient to spend the reward points to increase the profit in BTC, but accumulating them could make the difference in the long term. It is much more likely that I will be able to accumulate 100,000 points rather than having 100,000 BTC satoshi accumulated on this site. Why are points crucial? Because it is possible to convert these points into BTC after having accumulated 100,000. So after the conversion you can also take advantage of the interests that the site offers, equal to 4%. Furthermore, the interest on the accumulated BTC begins to activate after only 30,000 satoshi accumulated.

BONUS: For the uninitiated, it is possible to earn various rewards via newsletters, which arrive once a day.

What changes

In a period like the current one, many want to accumulate as much capital as possible in crypto, but few are organized and have a strategy. All the articles I shared with my community here on PUBLISH0X are focused on the constant accumulation of capital, taking advantage of any available resources. In the case of this site, which I have followed for some time, a token, called FUN, has been slowly introduced, which allows you to obtain various advantages on the site.

In fact, this token allows you to get a small percentage of cashback on Multiply BTC and Betting up to 1%, up to 25% interest (calculated daily) and up to 16 daily fortune wheels! But not all that glitters is gold. To obtain this yield you need to have 500000 FUN tokens, corresponding (at the current exchange rate) to 0.145 BTC.

The price has dropped a lot and it could be a good time to buy this token by staking it right away. I have not bought anything yet, because at this stage the BTC has dropped quite a bit, so you have to take into account the exchange rate risk.

Tips for use

Generally, I'm a guy who tends to automate everything, but I still haven't been able to automate earning on this site. I didn't get to 30,000 sat to be able to staking directly on this site, without incurring fees by transferring my earnings elsewhere. Also, before making a possible transfer, I prefer to get to 100000 RP, in order to be able to exchange them for 100000 sat. In this way I can make a big profit, make a small transfer (70000 sat) and stake BTC at 4% with a return of 1200 sat / year without counting the single daily rewards.

A brilliant plan right? Too bad that at present they are halfway through the route (about 17000 sat) and not even at the beginning with RP points (17000). For a total of 34000 out of 130000 (the fixed mix of sat / RP I want to get to).

Final Considerations

It is difficult to think of a new (small) entry in the short term (1 year), however it is an interesting experiment to do; as always in investments you need patience and you have to make the compound interest work fully, otherwise it could compromise the future yield. This site has been in operation for years, has undergone bull and bear market, demonstrating to everyone an extraordinary ability to adapt to the market without closing like other famous sites that paid a much higher percentage. The diversification of the offer within the site works, and the whole site looks more like a Russian roulette than a faucet with a solid foundation. We will meet again in a while with the next chapter of this saga!

If you liked this article, please leave a nice  along with a little tip (it helps to create more articles like this one). Also, if you don't want to miss any other article, subscribe to my blog now! See you in the next article!

Cover image by guadagnare_denaro_vero_.it

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