Foreword: "Don't Steal Time" - I live my life by this motto, so this will be the shortest (invaluable) read of your crypto wealth endeavours.
Let's start: We should all know what cryptocurrencies (or crypto assets) are by now. If not, please do yourself a favour and ...google it.
That said, the one thing that worries all crypto enthusiasts (noobs and veterans alike) is how to grow your crypto wealth in a guaranteed manner. Now, careful consideration of that last statement probably already convinces you that "it's impossible", right?!
...and the answer to that question is - "You are right, it is impossible!!". There is no guaranteed way to grow your crypto wealth unless you're the owner of (or shareholder in) an already existing legitimate mining pool or mining farm. And even then there is no guarantee...given the market-related factors that dictate the value of all things society holds in high esteem.
So then, you ask, what is a new crypto enthusiast suppose to do?! Well, if you're none of the above, there is only one thing you can do:- Focus on your Crypto Portfolio, not your Crypto Wealth !! But do it with a plan. Don't run around like a headless chicken and try to gobble up as many s**tcoins as you can - because that is highly inefficient and not even worth the Return on Investment (R.O.I.) - your most valuable investment being TIME. NOTE: Time is closely followed by Capital (fiat money) and thirdly Effort (which is itself an integral component of TIME)!!
Below is a 7 Step Guide for New Crypto Enthusiast to Ensure their Crypto Survival (in the current volatile crypto sphere):
Step 1: Get a Multi-Coin / Crypto Asset Wallet:
Reason: You need a wallet that can handle multiple cryptocurrencies / crypto assets.
- Mobile: Coinomi (Highly Recommended!!)
- Desktop: Exodus (User Friendly - OK for users new to the Crypto World)
Note: The are many multi-coin crypto wallets out there so use whichever one[s] you feel most comfortable with.
Step 2: Install a decent Internet Browser:
Reason: You need a secure internet browser with a good plugin / addon repository.
- Google's Chrome Browser (Highly Recommended!!)
- Firefox Internet Browser (2nd BEST)
Don't even wisper "Internet Explorer" or "EDGE" (those are absolutely useless)!!
Step 3: Install 3 Security Plugins / Addons:
Reason: You will be visiting marketing websites and these addons will help you manage the adverts on those sites.
Adblock is needed for intrusive ad popups; the other two are to prevent scammer sites from using your CPU to mine cryptos without your knowledge and/or approval.
Step 4: Define your Crypto Portfolio (select your cryptos):
Reason: You must invest all your effort in not more than 10 cryptocurrencies or assets.
Recommended cryptos are as follows - but the selection (portfolio) is ultimately your decision:
- BTC (Bitcoin)
- ETH (Ethereum)
- LTC (Litecoin)
- BCH (Bitcoin Cash)
- XMR (Monero)
- DASH (Dashcoin)
- DGB (Digibyte)
- ZEC (zCash)
- POT (Potcoin)
- DGE or DOGE (Dogecoin)
Use the Multi-Coin Wallet you installed in STEP 1 to select (create) the selected crypto wallets for you (and have the wallet addresses ready for the next step).
Step 5: Sign-up to a Micro-Wallet Service (POOL YOUR EFFORT):
Reason: You need a Micro-Wallet service to pool your effort from all the 3rd party marketing websites.
- FaucetHub (Highly Recommended!! - THE BEST MICRO-WALLET on the web since 2016)
- CoinPot (not really good, but used quite a lot on the internet)
NB: This is an absolutely crucial step and is the difference between those that make it...and those that don't!!
Step 6: Focus on Automation:
Reason: The idea is to make efficient use of your most valuable resource: TIME.
Start these automatic processes and let them send small amounts of crypto funds to your Micro-Wallet until you stop them!!
- Multi-Crypto AutoFaucet (my ABSOLUTE FAVOURITE!!)
- Good BTC Game (generates BTC Satoshis even while you are offline)
- Good Multi-Crypto AutoFaucet (very reliable auto-faucet!!)
- Another Good AutoFaucet (same as previous - reliable)
- BTC Web -CPU- Miner (THE BEST CPU Mining Pool I know of)
NB: The idea here is to run these automated processes all at together and maximise your R.O.I. against your TIME invested.
Step 7: Don't invest a single FIAT Dollar:
Reason: The idea in not to invest any of your hard earned fiat funds, but to create wealth out of pure determination.
Use some of these 3rd Party sites to increase your Crypto volumes while the automation in Step 6 above does its work.
- Good Free BTC (free satoshis every 30 minutes, reliable & honest)
- Very Good Free BTC (a high paying site - you play games and click ads to get free satoshis)
- Free BTC (the owner[s] of this site is very stingy, but it is a reliable source of BTC!!)
- Very GOOD Free ETH (the highest paying ETH site I know - it's in Russian but Chrome will auto-translate it to English)
- Free ETH (an OK, reliable, ethereum crypto generation stream)
- VERY Good BCH (a very good Bitcoin Cash faucet, HIGH R.O.I. !!)
- Good Free BCH (an OK Bitcoin Cash faucet)
- Good Free LTC (a very good Litecoin faucet, High Paying!!)
Try to cover these 3rd party sites whenever you have free time on your hands - these are some of the most rewarding free crypto generation sites I've come to know since my crypto start in 2010!!
Remember, the idea is to put all your effort into only 10 crypto currencies / assets and to get the highest R.O.I possible for every minute you put in. If you focus on the strategy outlined here you will soon be in a position to take things to the next level - and possibly even start investing the free cryptos you determined here into higher paying ventures such as Crypto Dice Sites - making sure to INVEST in those sites, don't gamble your hard earned funds away. Gambling is a guaranteed Losing Strategy!!
Anyway, follow this strategy and let me know how things work out for you. If you know of a better approach than mine then, as always, please hit me up and let me know how you do it. Otherwise, Good Luck and happy Crypto Hunting!!
Cheers,
SilSur.