Bitcoin Forum

How to get benefit of btc price drop and make free btc quickly? I mean that a lot of free btc from faucets and many other ways etc etc.

I suggest you not to go for any BTC faucets. There are nothing but waste of time.

Buy low sell high. That's the only way you can profit with the price drop. Can't get much from faucets and whatnot.

I'm HODLING for the long term since Bitcoin will go to Moon, if you have savings account
in bank withdraw all fiat and buy bitcoin

faucets is waste of time. If you have any skills offer your services for bitcoins.

Not much truly free btc out there.

If it was free, then why don't they just sent us free btc, without us doing some work for it?
but no, they want us to do somewhat to get the 'free' btc, so it isn't truly completely free, I think

Those "free" ways of making money are never worth the time. You'll be earning way more doing some real work!

Those website which give Bitcoins aren't giving anything but low amounts . and they are making thousands from the ads , most of them ask you to Disable Adblock .

If you expect the price to drop in the future, you can take a leveraged short position.
After seeing a price drop, if you expect the price to go back up, you can buy some bitcoin or take a leveraged long position.

There is no way of easily benefiting from the price drop. Buying is risky but history shows the price will recover in all likelihood... all about risk and reward...

BTC was free if you arrived early, otherwise your fucked.

It never was free. It was just a lot cheaper.
Even in the early day that you can mine bitcoin effectively with CPU and GPU, miners were still paying the electricity bills for mining and don't forget the bitcoin price was just a tiny fraction as of now.

The worst advice I've seen this year.

Since bitcoin can be exchanged for other currencies it is as easy to obtain for free as any other form of money is.  Generally faucets only pay a fraction of a US cent and really are not worth it unless you are just getting started or online goofing off anyway.  Do you like filling out captcha's?  If so, by all means, go for it.  I like the gambling sites, many of them have faucets and you can chat with other players while you wait for the next drop.  Just don't beg, begging is annoying.

Good Luck!

"free" is not going to happen faucets are far to small.

You can BUY coins and hold.  But it is not free.

yes indeed work that way, the faucet is just wasting time, really.
impossible to get free btc on big amount. :D

Gamble those faucets. Might have a chance to hit big..

The only way I can see how to make money from this is to buy when it's low then quickly sell when it returns upwards which it usually does. You can play the markets like this but it's always risky.

Agree 100%.
Faucets can be profitable.. long time ago, i earned 0.1 BTC from a faucet.. value was a few cents.. but look now, it's almost 40$
So even if you see small amounts now, it can increase a lot later.

+1 @ Hashfarmer, given that those are free, you can try to gamble it and if you're lucky, you can win a lot

Is It Too Late to Make Money from Bitcoin in 2014?

Nope, you just need to know when to invest and when not to. I'm no expert in the economics, but head over to the economics section and see what those guys have to say about the current market.

It is never too late. The price is low now, and Bitcoin is far from mass adoption.
Having that said, no one can tell the future and so don't put more than you can lose in bitcoin (or any investment)

The Freebitco.in faucet increase their faucet payout, when the price of bitcoin goes down.

It's at +/- 500 Satoshi per hour now.

A month ago it was only 300+ Satoshi per hour.

So it's not a bad deal, if you are into faucets.

It would be good if you have more referrals on the site to increase hourly profit.

Yup Freebitco.in (and those kinds of sites) are more profitables with a lots of referrals, so you gotta do some work to get em.