It has been a wonderful experience so far in investing my time and money into crypto currency. I have already withdrawn my capital investment a few months ago and now I’m just reaping from the investments I have around.
I didn’t go into mining. I found out from an employer in Freelancer.com that we can mine Bytecoins with our computers, but there must be a lot of us to earn some profit for that. Instead of taking up the job he needs to search for other members of our pool, I went ahead and investigated what is a Bytecoin. And that caught my interest – that I can earn something extra with the laptop my company supplied to me.
I started visiting btc faucet sites, as they give me free btc from a hundred to a thousand satoshis per day. At first I was happy with that but then realized, I’m going nowhere with this, entering numerous captchas on those sites, wasting my time waiting until I can claim again. It was all pointless because I could only get a few satoshis. I didn’t even average US$1 a day. I was better off with the protypers website where you type captchas within an aloted time and get around $3/week.
Then I did more research on how to get more coins, then I found out about btcjam & loanbase. I invested my earnings from the faucet sites on these 2 sites. Their idea was good and I could build on my current satoshi stock pile, which wasn’t even close to 0.003 btc I think. Imagine, I can accumulate 0.003 btc from faucets??! And I didn’t even have referals!!
I also found btcpop and started putting in some satoshi there. This site also offers coin exchange, stock investment in “companies” that pay out dividends, and a savings pool where you get 5% apr. So it was worth a try for me, if I didn’t like any of the loans available, I can just put my btc aside in their savings pool and watch it earn interest. I can even invest in other people’s stock and earn dividends every week/month. I did my research on that and I’ve invested on reliable stocks to get dividend every week. Currently, I’m getting about 0.001 btc every week from dividends. And I can sell my stake again at almost the same price as I bought it. But I’m still happy with what I’m getting for it.
Some of you may know that btcjam is stricter now than before because of the default cases they have. Loanbase has also shifted their market base and is catching up on those defaults. I’m not sure as to how btcpop will do about the defaults, but I have received some insurance payments on the open unpaid loans I gave out. But I’m not investing that much anymore on peers, who’ll just run away with my satoshi. I’m just doing ping pong trades with alt coins and saving my accumulated satoshi in btcpop.
There’s just so much to share about my experience with crypto currency, but I think I will cut it short here. I would just like to add that I have EMC now and waiting for it to stake, plus I’m mining XDN and opening deposit contracts with their network. All other btc earnings are transferred to my coins.ph account to be converted to fiat. I'm very happy that I'm using crypto currency and I wish I had joined earlier.
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