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Author Topic: Will my method be a good steady income?  (Read 4102 times)
carlfebz2
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July 22, 2016, 04:48:18 AM
 #21

Hello everyone,
It's been around a week since I started my bitcoin journey (few years if i want to be precise. I mined bitcoin back in 2011 without knowing much about it. RIP those lost ~0.005 bitcoins). So I am planning to make bitcoin income as a extra-pocketmoney type. I want to know your thoughts on my process.

Right now, I am on few faucets.
My main focus is on multiply-BTC in freebitco.in
After I collect 0.0002BTC on it, i am planning to use it with starting bet 1 Satoshi, and martingale method. Since my laptop is on almost all the time, and I think it can afford a single-tab browser with the Script running, even while I am doing other work.

With an profit of around 430 Satoshi per 1000 rolls(tried it myself, have lost almost everything while trying Grin ), and assuming that each rolls take 2 seconds, it is approx. 700-800 Satoshi per hour.

What do you guys think of it? Do you think it's okay if I start the multiply-BTC at 0.0002BTC or should I save more before I begin? I am also thinking of doing signature campaign later on, so should I wait for sometime before I start multiply-BTC? I want to be able to earn approx, 10$ per month if possible after the next few months.

Thanks for the feedback.
.0002 btc is a bit low, try to earn and save btc atleast .02. I know you cant earn that from just doing faucet. Apply any signature campaign that fits according to your rank. Search it here
https://bitcointalk.org/index.php?topic=1327312.0;topicseen

Thats the best  way to earn a little bit higher amount than faucet is to join signature campaigns. Even in my dreams i cant imagine on working on faucets since it would gain you such a little amount of btc and not worth for my time. There are campaigns that accepting newbie ranks thats far much better than faucet. Grin

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July 22, 2016, 04:55:21 AM
 #22

Quote
Quote
My main focus is on multiply-BTC in freebitco.in
After I collect 0.0002BTC on it, i am planning to use it with starting bet 1 Satoshi, and martingale method. Since my laptop is on almost all the time, and I think it can afford a single-tab browser with the Script running, even while I am doing other work.
Freebitco.in is good only as a facuet. Their house edge will madden you once you play on other dice sites like 999dice or PrimeDice or Rollin or FortuneJack. Also, martingale? PM me and I will offer you better strategies for free.

Well, I am keeping hold on gambling for now, but would like to know other betting strategies.


Thank you all for your feedback.
if you want to know more about other betting strategy, you must read these threads, https://bitcointalk.org/index.php?topic=1454660.0 , https://bitcointalk.org/index.php?topic=1425557.0 , https://bitcointalk.org/index.php?topic=1232896.0 , but mostly all people (including myslef) believe if there's just Luck in gambling, and don't be greedy while you gamble.
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July 22, 2016, 05:11:20 AM
 #23

As long as you keep play on faucet, you only able to gain small income on your bits.
Let's change this one, if you have friend that sell something like ring or necklace, you can start help him and advice him/her to accept bitcoin so you can ship the goods globally ( expanding your sales ) so your income will keep grower and grower
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July 22, 2016, 05:28:20 AM
 #24

As much as people are discouraging you about the faucet and calling your system 'horrible', I would like to differ with them. The only thing I would like to discourage you is to gamble with the satoshi that you collected from freebitco.in. I have had experience with them and you will never win when you gamble on their system.

For a newbie like you, the only way now to collect bitcoins is through faucets, not just one but several of them. When I started collecting bitcoins before joining a signature campaign, I used the faucets on faucetbox.com and I was able to collect at least 20,000 satoshi per day. This could be in an average of two hours. Just collect the bitcoins and store them in a wallet but don't gamble. gamble only when you are very sure.

As you continue participating on this forum, your rank will rise and when reach Jr. member, I am very sure you will be able to join a signature campaign and start earning at least 7,000 satoshi per post.
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July 22, 2016, 05:52:23 AM
 #25

Hello everyone,
It's been around a week since I started my bitcoin journey (few years if i want to be precise. I mined bitcoin back in 2011 without knowing much about it. RIP those lost ~0.005 bitcoins). So I am planning to make bitcoin income as a extra-pocketmoney type. I want to know your thoughts on my process.

Right now, I am on few faucets.
My main focus is on multiply-BTC in freebitco.in
After I collect 0.0002BTC on it, i am planning to use it with starting bet 1 Satoshi, and martingale method. Since my laptop is on almost all the time, and I think it can afford a single-tab browser with the Script running, even while I am doing other work.

With an profit of around 430 Satoshi per 1000 rolls(tried it myself, have lost almost everything while trying Grin ), and assuming that each rolls take 2 seconds, it is approx. 700-800 Satoshi per hour.

What do you guys think of it? Do you think it's okay if I start the multiply-BTC at 0.0002BTC or should I save more before I begin? I am also thinking of doing signature campaign later on, so should I wait for sometime before I start multiply-BTC? I want to be able to earn approx, 10$ per month if possible after the next few months.

Thanks for the feedback.

that is not good at all. and you are wasting a lot of time in the process of doing this. if you like taking risks and trying to make something out of the tiny payment of that faucet you can try larger multiplier (lower chance of winning) but if you are lucky and win you can make bigger amount.

but none of these methods will ever work long term and you will end up losing someday.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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July 22, 2016, 07:46:51 AM
 #26

$10 per month is nothing at all, people earn more than $10 a day these days.
And the Multiply-BTC on freebitco.in is worthless, i personally have tried it a lot before when i was using their faucet, i used to collect and also deposit bitcoins for the multiply game and i also used martiangle strategy but what used to happen was so common in gambling, lost everything.
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July 22, 2016, 10:20:20 AM
 #27

Hello everyone,
It's been around a week since I started my bitcoin journey (few years if i want to be precise. I mined bitcoin back in 2011 without knowing much about it. RIP those lost ~0.005 bitcoins). So I am planning to make bitcoin income as a extra-pocketmoney type. I want to know your thoughts on my process.

Right now, I am on few faucets.
My main focus is on multiply-BTC in freebitco.in
After I collect 0.0002BTC on it, i am planning to use it with starting bet 1 Satoshi, and martingale method. Since my laptop is on almost all the time, and I think it can afford a single-tab browser with the Script running, even while I am doing other work.

With an profit of around 430 Satoshi per 1000 rolls(tried it myself, have lost almost everything while trying Grin ), and assuming that each rolls take 2 seconds, it is approx. 700-800 Satoshi per hour.

What do you guys think of it? Do you think it's okay if I start the multiply-BTC at 0.0002BTC or should I save more before I begin? I am also thinking of doing signature campaign later on, so should I wait for sometime before I start multiply-BTC? I want to be able to earn approx, 10$ per month if possible after the next few months.

Thanks for the feedback.
what the shit? you're using that worst strategy and you hoping you can get profit from that? 700-800 satoshis/hour really wasted your time, stop doing this and do other things which can make bigger profit for you.
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July 22, 2016, 10:37:46 AM
 #28

Gambling is addictive, and Addictiveness takes you toward loss.

I dont suggest this strategy is good for freebitco.in .  Afterall its a gambling and gambling couldnot be a income source .
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July 22, 2016, 06:55:17 PM
 #29

Hello everyone,
It's been around a week since I started my bitcoin journey (few years if i want to be precise. I mined bitcoin back in 2011 without knowing much about it. RIP those lost ~0.005 bitcoins). So I am planning to make bitcoin income as a extra-pocketmoney type. I want to know your thoughts on my process.

Right now, I am on few faucets.
My main focus is on multiply-BTC in freebitco.in
After I collect 0.0002BTC on it, i am planning to use it with starting bet 1 Satoshi, and martingale method. Since my laptop is on almost all the time, and I think it can afford a single-tab browser with the Script running, even while I am doing other work.

With an profit of around 430 Satoshi per 1000 rolls(tried it myself, have lost almost everything while trying Grin ), and assuming that each rolls take 2 seconds, it is approx. 700-800 Satoshi per hour.

What do you guys think of it? Do you think it's okay if I start the multiply-BTC at 0.0002BTC or should I save more before I begin? I am also thinking of doing signature campaign later on, so should I wait for sometime before I start multiply-BTC? I want to be able to earn approx, 10$ per month if possible after the next few months.

Thanks for the feedback.

I would not recommend you to go into gambling with just a few Satoshi.

Faucets are a legit way to start with Bitcoins even though it is quite time consuming.

If you really want to start gambling with the coins using a martingale of 1 Sat is just not worth the risk. You will go eventually broke as almost all gambler do with martingale. Go to one of the gambling site which offer you a decent amount of Faucets directly at their site. 250-1000 Sat. Do some more risky bets with these and try to win big.

.
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July 22, 2016, 07:16:52 PM
 #30

Maybe you can earn btc with trading altcoin ... Gambling just for fun not recomended to earn btc Smiley

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July 22, 2016, 07:37:20 PM
 #31

If you need $10 a month, honestly you will do better working in amazon mturk than working on faucets. If you want to go the faucet route, then use a faucet rotator and open at least 20 faucets at once to be able to earn some satoshis.

Do not waste your hard earned $ on bets...
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July 22, 2016, 07:45:52 PM
 #32

Have you heard about service https://www.bsave.io/ I have never used this service, but from what I found on their site. This concept is interesting:


"BSAVE is a unique service that allows you to immediately profit from your dormant bitcoin.
It takes just seconds to transfer your bitcoin from your wallet to your BSAVE saving account and you will immediately begin to receive daily interest payments.
BSAVE saving account guarantees full liquidity. You can withdraw your funds at any time without financial penalties.
We use sophisticated algorithms to calculate your payments based upon the amount and duration of your deposit."

Anyone here know more about Bsave?
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July 22, 2016, 09:19:09 PM
 #33

If you need $10 a month, honestly you will do better working in amazon mturk than working on faucets. If you want to go the faucet route, then use a faucet rotator and open at least 20 faucets at once to be able to earn some satoshis.

Do not waste your hard earned $ on bets...

Earning from faucets is very time consuming its better to go for an signature campaign to earn a steady income and it is very safe too.
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July 22, 2016, 09:38:06 PM
 #34

Hello everyone,
It's been around a week since I started my bitcoin journey (few years if i want to be precise. I mined bitcoin back in 2011 without knowing much about it. RIP those lost ~0.005 bitcoins). So I am planning to make bitcoin income as a extra-pocketmoney type. I want to know your thoughts on my process.

Right now, I am on few faucets.
My main focus is on multiply-BTC in freebitco.in
After I collect 0.0002BTC on it, i am planning to use it with starting bet 1 Satoshi, and martingale method. Since my laptop is on almost all the time, and I think it can afford a single-tab browser with the Script running, even while I am doing other work.

With an profit of around 430 Satoshi per 1000 rolls(tried it myself, have lost almost everything while trying Grin ), and assuming that each rolls take 2 seconds, it is approx. 700-800 Satoshi per hour.

What do you guys think of it? Do you think it's okay if I start the multiply-BTC at 0.0002BTC or should I save more before I begin? I am also thinking of doing signature campaign later on, so should I wait for sometime before I start multiply-BTC? I want to be able to earn approx, 10$ per month if possible after the next few months.

Thanks for the feedback.
Do the calculations.  If you average the high end of 800 satoshi per hour, you will be making about .00135 per week.  If you take that towards the USD, you will be making $ .90 per week.  The wear and tear on your laptop is not worth that much.  Just stating the facts, sorry.



                                                                                                                                             
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July 22, 2016, 10:20:53 PM
 #35

~Snip~
With an profit of around 430 Satoshi per 1000 rolls(tried it myself, have lost almost everything while trying Grin ), and assuming that each rolls take 2 seconds, it is approx. 700-800 Satoshi per hour.
~Snip~


If you look at it, this shouldn't be such a hassle on OP because as he stated, his laptop is always ON. But doing the calculations, you would earn roughly 1$ per week. Is 1$ more than what you'll pay for making your laptop ON all the time? I hardly think so. Electricity is expensive in majority of countries.

700-800 satoshi per hour? You might want to just solve a captcha in any faucet site. 1000 satoshi/hour is the average reward for doing faucet. I think this is much better than keeping freebitco.in tab on your browser.

You might want to think of other ways of earning as well. 10$ per month is so little tbh. Also, drop the martingale thing. There's a possibility that your allocated losing streak will be surpassed in the long run, making you lose all your hardly earned money.

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July 22, 2016, 10:39:24 PM
 #36

there's no "method" on gambling. it's pure randomness. you are better off solving captchas

Bitrated user: comoto3000.
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July 22, 2016, 10:42:31 PM
 #37

if you want to get study income, you maybe try other things but faucet and gamblig are really bad and wasted of time, signature campaing  can be a good for you maybe if you go to altcoins marketplace you can find few who need newbies in their signature

example of this are cryptojack or xaurum ect new altcoins grow everyday so you maybe can get one if you  are active member.
other method is maybe creating website blog talking about cryptos, and help some newbies.

then monetize using services like coinads, you have many ways the only limitation is your imagination.

If you need a little help go and cotact me.


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Karpeles
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July 22, 2016, 10:48:47 PM
 #38

Sooner or later you gonna lose everything.

If you are going to gamble, at least use a provable fair casino, and for such small amounts I think use altcoins would be better
eddyubachs
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July 23, 2016, 02:08:07 AM
 #39

Sooner or later you gonna lose everything.

If you are going to gamble, at least use a provable fair casino, and for such small amounts I think use altcoins would be better

Yeah gambling is the fastest way to earn and fastest way to loose too, and we all know that maximum number of times we will loose so its worst thing to do with your coins.
nevi111
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July 23, 2016, 06:52:10 AM
 #40

Sooner or later you gonna lose everything.

If you are going to gamble, at least use a provable fair casino, and for such small amounts I think use altcoins would be better

Yeah gambling is the fastest way to earn and fastest way to loose too, and we all know that maximum number of times we will loose so its worst thing to do with your coins.
Yes you may be able to earn is gambling at the start you can may be double your btc but at the its all gonna reach zero thats my promise in gambling.No matter how much you have winned before that but you will eventually loose all at some point.
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