FreeBitco.in Faucet Review & FUN Locking Strategy
Free Bitcoin BTC Faucet Review
Freebitco.in is a Bitcoin faucet. When I wrote this review, this website claims that it has close to three million registered users, more than 27 BILIION (with a B!) games have been played on it, and around 50K bitcoins have already been won by people using the site. Those are some VERY impressive numbers no matter how you cut it!
The website Freebitcoin was launched in the year 2013, so these numbers are very plausible considering the viral nature of such well operating faucets. Now, of course, I am not belittling this as ONLY a BTC gambling site. I use it strictly as a crypto faucet in my daily actions routine.
The amount of cryptocurrency that you can acquire using this website depends on a few things including the current price of Bitcoin. So, when the price of a bitcoin goes down, the reward amount calculated in bitcoins goes up and the other way round is also true. So, regardless of the current bitcoin price. You can also get a lot more if you have referrals under you.
As far as withdraws go, there is a few different options at this time. They have a couple different ways of payment. One way would be instantly (automatically). If you have it set up like this then it will happen every Sunday at 10pm GMT 4:30 into your wallet provide if you have 0.0003BTC. The second method is considered manual. This type of withdraw typically happens within six hour window and requires a minimum withdraw amount of 0.00032715 BTC.
Another interesting feature that this website offers is compound interest after a certain holding minimum! This works out to an annual interest rate of a little over 4% of your account balance. All you need to do is maintain and hold a balance of at least 30,000 satoshi (0.0003 BTC) in your FreeBitco.in balance and they will pay you compounded interest on your full balance every single day!
It is by no means a HUGE amount everyday but every little bit helps and not many other places offer this! There is no lock-in period to earn your compounded interest (you start earning interest right from the first day you are over 0.0003BTC!) and your balance can still be withdrawn any time you wish.
This means that you can treat your FreeBitco.in account like an instant-access savings account of sorts to hold or access bitcoins and earn passive interest on your account balance everyday at the same time! Pretty nifty if you ask me!
They also pay you 25% referral commissions on any interest earned by your referrals!
Share your referral link with your friends and ask them to visit it and create an account. On doing so, they will be automatically added as your referral and you will get 50% of their free BTC earning as commission! Nothing will be deducted from their account or yours. The website pays the 50% out of their pocket. So, it really is a win/win to get as many referrals into this as possible!
The following strategy is set up using the lowest amount of funds possible but if you decide to use more, you can speed up this process exponentially!
We are going to make use of their FunToken lock-in program. The strategy for this program may seem a bit more complicated than the rest because it has several stages but it will be extremely rewarding in the end and you also have the added benefit of peace of mind knowing that FreeBitcoin has been around longer than pretty much any other website in this entire strategy.
This strategy will require a bit of BTC upfront and that is why we have you doing consistent withdraws from a few other programs first before we get involved with this one. We will be earning from this platform in more than just a few ways and I will try to gloss over them briefly here.
FreeBitcoin has their interest program where they pay your around 4%/year divided up into daily earnings. This is only a very small portion of the way we are going to earn here. They are also known as one of the oldest and most trusted faucets on the internet. We will utilize this method as well but like the daily interest earnings, this is only a very VERY small part of our overall earnings here with this strategy.
The goal here is to use our withdraws from the previous programs in our strategy to buy 500 FunTokens each and every day and lock them in for 30 days to get the tokens AND the interest at the end of the 30 days. The minimum amount of tokens needed to receive the extra FUN tokens at the end of 30 days is 500 FunTokens. At the end of the 30 day lock-in period, you will get back you initial amount of 500 FUN tokens PLUS 4 extra. This may not sound like a lot but hear me out. You will sell all 4 of these tokens back into BTC and lock that SAME 500 FUN tokens in for another 30 days.
After the first 30 days of this, you will start to have 504 FUN tokens being unlocked each and every day. Each day, you sell the 4 extra that are now unlocked. You will also relock that same batch of 500 FUN for 30 days. As you have probably realized by now, you will be accumulating an few extra satoshi in your wallet everyday. (4 Fun tokens worth of satoshi to be exact) After a while, that extra satoshi each day will start to add up. You want to get to a point where once you sell your 4 extra FUN tokens everyday, you have enough from that sale (plus a little bit that has been stacking up in your BTC wallet) to this time buy 610 FUN tokens and lock them in for 30 days. After that 30 days is over, that will result in you having 615 FUN tokens unlock. This means you are getting an extra 5 FUN tokens back every 30 days instead of just 4 extra. Each day you have 615 FUN tokens unlock, you will sell the extra 5 and then relock 610 FUN tokens in their place for another 30 days.
I think you may be starting to see the pattern by now. Every day when you sell those extra 5 FUN tokens and relock 610 more, you will have an extra 5 FUN tokens worth of BTC stored in your BTC wallet on FreeBitcoin. Once that extra BTC has built up enough, You will be able to afford to buy and lock 730 FUN tokens each day for 30 days. This means when those start unlocking, you will have access to 736 FUN tokens everyday. Now that you are getting 6 extra FUN tokens each day. Again, you will sell those 6 extra FUN each day and let those build up until you start having enough to buy and lock 855 FUN tokens each day for 30 days.
Basically, you want to keep repeating this process and each time you have enough to buy and lock a slightly higher amount of FUN each day to get 1 more back at the end of the 30 day lock in, you will do that. The goal here is to get to a point where you are unlocking at least 1500 FUN tokens each day. At that point, your strategy will change slightly. Once you are unlocking 1500 FUN tokens every day, you are going to go back to ONLY locking 500 FUN everyday. HOWEVER, now you are going to lock 500 FUN tokens for 90 days every time instead of 30 days. Still with me?
Once those 500 FUN tokens start unlocking 90 days into the future, you will be able to sell 18extra FUN tokens back into BTC. If you are following along with the math there at home, that means you will have an extra 18 FUN tokens worth of satoshi stacking up in your BTC balance there on FreeBitcoin. Once again, you will keep repeating the same process until each day you have enough to lock 610 FUN tokens for 90 days. This stage will start to add up your extra leftover satoshi a lot faster than the previous stages and that is good because the next threshold we are looking for will be when we are unlocking 3,000 FUN tokens every day! At this point, we will go back to locking only 500 FUN tokens everyday but we will now be locking them for 180 days each time. Now it will obviously take a while for those to start to unlock but when they do, you will be able to sell 49 extra FUN tokens each day.
This is an insane 49 extra FUN tokens you will have extra everyday that you will sell for BTC satoshi and lock another batch of 500 FUN tokens to lock for another 180 days, that extra 49 FUN worth of satoshi will add up EXTREMELY quick and that is good because we want to get to the point where we can buy 610 FUN tokens everyday to lock for 180 days. We will keep repeating the same process as before and wont have to wait long at all this time because we only have to get to a point where we are unlocking 1,000 FUN tokens every day. Once you get to that point we are almost home free. If you have over 1,000 FUN tokens showing up each day after being locked for 180 days, You can switch gears again. You will go back to ONLY locking 500 FUN tokens each day again, but you will now be locking them for a full 360 days.
After the first year of doing this, you will have your first batch of FunTokens end their 360 day lock-in period and you will receive that original batch of tokens back along with 25% extra tokens. That works out to a grand total of 623 FUN tokens that will become unlocked each day.
Once you get to a point where you have 623 tokens being unlocked every day, you will 123 FUN tokens back into BTC and buy another batch of 500 FunTokens and lock them in for 360 days. This will leave you 123 FunTokens worth of BTC in your account. At the end of a week, you should have 875 FunTokens worth of extra BTC in your account getting you passive earnings each day.
At this point forward, at the beginning of every month (just like every other day), you will log in as usual to sell your extra 123 FUN and buy/lock 500 more FUN. Today however, you will add a much more fun step. Click on the "Earn BTC" section of the menu. If you scroll down, you can see what your monthly "interest" is with your current satoshi balance. You will then withdraw HALF of that monthly "interest" earnings. This amount you are able to withdraw should get slightly bigger each and every month by using this strategy.
The goal here is to have over 180,000 locked FUN tokens at any given time. I KNOW that sounds like an impossible amount of tokens and will cost an absolute fortune and take forever and a day!! But calm down! It won't be quite as terrible as you think. Don't forget that you will have regular and consistent withdraws from all the previous programs (both passive AND active) to help you fund this. Each time you make a withdraw from ANY of the previous programs, simply deposit it into FreeBitcoin and make an additional purchase and 30 day lock of however many extra FUN tokens you can afford. Since you are withdrawing from several programs that we are involved with before this one, you should be able to fund this program a lot quicker than you may have even imagined. This is a very long term strategy but I trust the FreeBitco.in website and believe it will be around for many many years yet to come.
You can join FreeBitcoin by clicking the banner below or you can see how it fits into out total strategy by clicking HERE:
Dan Watson and Viral Stacking provide an informational service only and are not responsible for any investments made applying this information. The results described are not typical and are not guarantees of future income. Any investment contains risk and is 100% the responsibility of the investor to assess the risks/rewards involved. It is possible to lose some or all of your investment. We assume no liability assumed or implied for your application of the information shared from the training programs.
I am not a financial advisor and for that reason, nothing I say or write should be taken as financial advice. This information is for informational and entertainment purposes only. I am not the owner of any of the programs mentioned on this website. I am also not connected to the presented websites in any way, shape or form. There is risk involved in trading, mining, lending, staking and investing in cryptocurrency. So any previous payments made by any website or an investment fund do not guarantee that payments will be steady and regular in the future. I am not responsible if a website does not pay out or shut down at anytime. So Join at your own risk. This information is created as per my personal experience. I do not take any responsibility for any losses that may occur. I do not give any financial advise.
Earnings and Income Disclaimer. We make every effort to ensure that we accurately represent these products and services and their potential for income. Earning and Income statements made by its’ customers and/or I are only estimates of what we think you can possibly earn. There is no guarantee that you will make these levels of income and you accept the risk that the earnings and income statements differ by individual. As with any business, your results may vary, and will be based on your individual capacity, business experience, expertise, and level of desire.
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