So the results are in and I am in possession of my first Bitcoin! I currently have an account with +0.00032470 BTC
If you recall from my previous post, I decided to explore some of the advertised options of earning free BitCoin online. Since that post, I also added a few more BitCoin faucets / websites to my portfolio and started to track my progress on when would I be able to cash out my earnings.
Here are the top 3 things I learned during this experiment:
#1. There are a ton of websites out there offering free BitCoins, pick only a handful and focus on getting to the payout threshold. Of all the sites that I tested, I would recommend Cointiply and FireFaucet
#2. With the ability of having such fractional shares of BTC, the conversion fees from one website to another are high as a % of the transaction….so it might take a little time to convert to $ US Dollar. I am currently using a FaucetHub and Coinbase account.
#3. Many of the online PTC activities that you can do to earn BTC are consistent among websites, so pick the place where you earn the most BTC….might take a few moments to do that math but it will be worth it. With Hideout.tv options, you can earn more Grindabucks vs BitCoinGet value, that is only because BitCoinGet tracks the overall value of BitCoin and adjust the calculation.
I am a finance professional with over 20 years of experience and very passionate about all topics related to finance; enjoying the aspect of teaching and educating others along the way. All in all, I will show you how big this money tree can get over time as I get the branches (Earn, Save, Invest) as high as possible…Click here to see my financial progress to date: How high is the Money Tree?