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The last couple of days the crypto market took a nose dive, especially Bitcoin lost, and it’s all because of that so called business man that goes by the name Elon Musk. Earlier this year he invested a shitload of money in Bitcoin and also announced that his Tesla cars would purchasable using this crypto.
Suddenly this week he announced that this wouldn’t happen and that it would be because of fossil fuels being used for mining and transactions. It’s not like the Bitcoins are dug up from the ground, the mining is digital and is run by electricity. The same electricity people driving his Teslas use to charge the batteries. Will they also begin vetting people buying those cars to make certain the only use “green” electricity? Does he understand that all banking systems are run on the very same electricity?
As a business man Musk should have done his research already before purchasing Bitcoin instead of rushing ahead creating a surge. To be honest I’m convinced he purposely have done this to get a nice little tax write-off without considering all the small investors he’s screwing over when destabilizing the market. It must be nice to have the means to do this, but most us don’t and are losing money because of that crook.
Looking at the very graph Mr Musk himself have published on Twitter you can clearly see that there is a massive rise in power consumption beginning at the same time as he himself bought all those BTC’s creating a buzz luring a lot of people to begin mining and trading. In fact, the root cause for this increase is none other than Mr Musk.
Now he’s pushing Dogecoin instead. Honestly, doesn’t those mining rigs run on the same electricity? Or do they siphon the juice out of thin air? Give it a month or two and he’ll most likely do the same thing all over.
Musk should be concerned over the impact his Spacex operations have on the environment rather than crypto mining. Those rockets sent up surely aren’t giving 100% clean exhaust fumes. Where’s the concern over the impact the mining for metals for his cars has? Or the strip mining for lithium for the batteries? Or the impact the cars batteries will have once they’re unusable in the future?
Elon Musk is a hypocrite.
Bitcoin is at it’s strongest ever, worth more than $15,000 USD, and it may be tempting to invest in Bitcoin (BTC). However this is the absolutely wrong time to begin investing in BTC, you should aim your focus at some other crypto currency that is not as strong and build a solid foundation with this one instead. Later when BTC has dropped, and it will in time, you can use the funds from the other currency to invest and await the next rise.
One crypto currency that has caught my attention lately is Dogecoin (DOGE), 1 DOGE equals $0.002 USD and is easily obtained. Since you should never invest money you can’t afford to lose and as I am in the process of finding ways for those who are without funds to get going with crypto I have located some sites where you can earn free DOGE rather quickly.
First though, you will need a wallet or two to hold your funds and also to have them withdrawn to so you can use them to invest. Most free earning sites give you the possibility to withdraw to micro wallets, most of them either FaucetPay and ExpressCrypto or even both, so these kind of wallets are needed. Then you will need an actual wallet as well, myself I’m using StakeCube.
FaucetPay
https://faucetpay.io/?r=674056
ExpressCrypto
https://expresscrypto.io/signup?referral=143008
StakeCube
https://stakecube.net/?team=MetalPhoto
Now for the actual earning sites, these are the ones I have been using. The first one gives you the possibility to choose between 20 different currencies for withdrawal and DOGE is one of them. All except the last two also have a very low minimum for withdrawal.
Faucet Crypto
https://www.faucetcrypto.com/ref/473206
Coinles
https://coinles.com/?r=3539
DogeToMe
https://dogeto.me/?r=18323
DogeBitsFree
https://doge-bitsfree.net/?ref=72347
CoinPayU
https://www.coinpayu.com/?r=MetalPhoto
When you have all those DOGE in your wallet it’s time to begin investing and I have chosen to so in mining operations as they are low maintenance, they just sit there and tick away, they are long term investments and you can even join for free and start earning before depositing funds to purchase additional hash power. With some miners your investment runs over a set time period and with others it is lifetime, you will need to check each one thouroughly to know if and when to reinvest.
DefMine
https://defmine.com/Welcome/Partner/14607
Cryptofarmine
https://cryptofarmine.com/r/11630
Dogecoinminer
https://dogecoinminer.space/r/941751
Make a note to yourself to always withdraw your principal as soon as possible from the earnings, there is no guarantees that these sites will remain indefinitely. With withdrawn profits you can either reinvest to boost your earnings in these programs or invest in other programs to spread the risk and also get multiple income streams. In time you will have a substantial monetary foundation for the future.
Back to putting the free money to work. At FaucetPay I had since the last withdrawal amassed just over 16,000 satoshis when I decided to take advantage of Bitcoin being as strong as it is, 1 bitcoin is worth almost $13,400 USD, and swap for a slightly weaker currency. Since I was doing Dogecoin already I went with this one and landed me 820 Doge in the swap.
These 820 I divided between 2 mining operations. I put 500 Doge into the same as the one before, DefMine, and 300 Doge went into Cryptofarmine which isn’t really a miner but rather a HYIP where these 300 Doge will earn 2.4% daily. This isn’t much really, but it’s a lot better than a savings account in a bank and I will re-invest the earnings continually to increase my capital.
DefMine however is a proper miner and here I now have 64 GH/s hash power instead of the 10 GH/s you get for free on signup. As soon as I have earned my principal back (515 Doge) I will retrieve it and let the account fill up on it’s own while the retrieved funds will be put to use in yet another program. The same naturally goes for Cryptoframine, you should always get your principal out as soon as possible so it won’t be lost if the investment site goes belly up.
DefMine https://defmine.com/Welcome/Partner/14607
Cryptofarmine https://cryptofarmine.com/r/11630
FaucetPay https://faucetpay.io/?r=674056
Just think about it, less than a month ago I started doing this crypto adventure with no money out of pocket and am now investing the earned funds from sites like the ones in the post Wallets (& Paying Sites). I’m deterrmined to prove that you can earn crypto without funds to invest off your own to give less fortunate people some direction on how to build their own financial future.
No, I’m not playing the crappiest game with the worst graphics I have seen since the seventies. Actually even then the graphics were better. It’s all about crypto mining.
Bitcoin is not the only crypto currency around, there are a lot more. I’m guessing there are around 3.000 or so different crypto currencies around and more are arriving continously. One of the more established are Dogecoin and of course I have been tapping faucets and paid-to-click (PTC) sites for those too. I have signed up with a few miners as well for this currency and have just made my first purchase in one of those with free Dogecoins gathered, see further down for sources.
Most mining operations require that you make a purchase of additional hash power, an upgrade if you will, to be able to withdraw earnings even though many of them give you a basic mining contract when you join. The first Doge one to get upgraded is DefMine where I in two weeks only have earned 34 Doge. The minimum amount for withdrawal here is 300 Doge and with added hash power the mining will be much faster.
DefMine https://defmine.com/Welcome/Partner/14607
Earning Doge is just as easy as Bitcoin and I have been using primarily DogeBitsFree and Faucet Crypto for this. There were one more set of sites that I had planned to use for this as well, but the microwallet serving them turned out to be a scam and a fraud so for those programs I am pulling all support. Keep an eye open for a separate post on the scam site CoinPot.
DogeBitsFree is a standard faucet and PTC. From the faucet you can claim every 2 minutes, it’s moving fast and it is quite possible to reach the minimum 20 Doge withdrawal amount in 2 or 3 days. In fact I am closing in on another withdrawal there and will be doing another investment in either a mining operation or a HYIP.
DogeBitsFree https://doge-bitsfree.net/?ref=72347
Faucet Crypto is also a faucet and PTC with a couple of added perks such a bonus level system allowing you to over time earn a growing percentage of the claims added to the money you earn with each click and claim. This site will allow you to withdraw your earnings in as many as 20 different crypto currencies among which Dogecoin is one. They have a low minimum for withdrawal, myself I gather until I have the equivalent to 500+ satoshis before I withdraw which takes 2 or 3 days depending on how many PTC ads they have at the moment.
Faucet Crypto https://www.faucetcrypto.com/ref/473206
Both these sites will allow withdrawal to FaucetPay where you also can swap the supported currencies, ie if you have Bitcoin but want Dogecoin this can be done instantly.
FaucetPay https://faucetpay.io/?r=674056
Remember, never invest money you can’t afford to lose.
You should never invest money you can’t afford to lose and many of us don’t have a lot of extra funds laying around these days. This why I partly go about this crypto thing from their position and try out some free earners where they can build a base to use for investing to make more money.
One such free earner that is paying is Faucet Crypto. You don’t earn much, but in little over a week I have been able to withdraw 2 bucks, just enough for a small investment in a high yield investment program (HYIP). You can speed up your earnings by referring more people to the site, you will then earn 20% in commissions on their earnings.
At Faucet Crypto you get a faucet where you can claim free crypto every 40 minutes, paid-to-click ads to earn from and also shortlinks, those are a bit of a nuisance so myself I’m staying clear of them. The cherry on the top is that you raise experience points elevating your level and adding a bonus on every earning that grows in time.
On the subject of the investment I will get back to you when I have tried it out and further guide you in this crypto jungle.
I like challenges when photographing, such a challenge is getting nice shots of the moon. Lately I have been viewing another kind of moons though, the kind that earns me money.
One way of obtaining free crypto such as Bitcoin and Dash is using so called “faucets” where you can claim free crypto with different intervals, some are available for claiming every 5 minutes and others once an hour. Then there are the awesome Moon faucets where you decide when to claim, just leave them open to see the amount available to claim grows and when you fell like hit that Claim button.
One great thing about these are that you recieve 25-50% commission on all your referrals faucet claims, when they earn you earn. All claimed funds goes directly to your CoinPot account where you can let your funds grow and when you have sufficient funds withdraw to your crypto wallet. If you want to be able to with draw a little sooner CoinPot gives you the ability to convert between crypto currencies, then you can get them all in one slot and make just one withdrawal sooner instead of five withdrawals later.
