If you want to get straight to the point, only read the paragraphs with stars for a shorter version. Please be sure to use referral links at the top of each tip as it gives you free coins and other bonuses
Welcome to my first Steemit Post. What I'm going to be explaining is how to get a diversified portfolio of cryptocurrency that will likely appreciate over time, for free which eliminates the risk of losing an investment. So for every dollar you get for free now, it can be worth 10, 100, or even 1000 dollars down the road. There are a lot of ways to get free crypto, but I'm cutting out the bull and giving what I feel are coins with promise that can blow up in the future. The coins you see now that are worth thousands of dollars were once worth pennies, which brings me to my very important advice...
Do not spend the coins you earn for free. Bitcoin didn't shoot to $20,000 overnight. By getting these coins , for free, it should be easy to see it as play money and not sell them if you see your value decrease temporarily. Cryptocurrency goes in waves, so you'll see your money double, and then lose half it's value, then it will go up 500% and a week later lose 300%. It's a volatile market but the past has proven that holding and not selling is rewarded with riches.
Now that we got the boring stuff out of the way, let's get to our first way to make some free crypto.
***I will post referal codes where applicable which will give you free coins or extra earnings as an added bonus. These codes also help me, so it's a win-win. Please use them if possible.
#1-Lomostar(App) -
Referral code gives 100 free ALI - Use code "15G4eA" when signing up.
From my experience, this can be the most profitable way to earn free crypto. I'm going to tell you what it is and how to maximize your profits quickly.
First of all, Lomostar is an app that you download and let's you "open" red envelopes containing cryptocurrency. New coins are often airdropped there and you can open them for large amounts of free coins which become worth value once they hit exchanges.
You get 10 hearts, each heart allows you to open 1 red envelope in world view(the home screen). Hearts regenerate every 2 hours after using them. In world view, people post envelopes to gain followers: once you open the envelope, you are following that person. It is good to follow a lot of people because that's how you get into groups, and once you are in groups that is where you will make most of your money. You can also post red envelopes in world view once you have some of the crypto supported on lomostar to build your own following; Pro Tip: Put "add me to ____" and use one of the suggested groups below to fill in the blank so you can get into some of the groups with almost non-stop envelopes. You will find your groups in the "messages" tab.
***Once you are in groups, people drop A LOT of red envelopes, almost non-stop, which you can open an infinite amount of. The hearts are not needed to open envelopes in groups, only in world view. There are events within groups where people will drop several hundred dollars worth of crypto to promote different things. The main groups to get into where the most crypto is dropped are: LomoWorld, Sydni's Waves, LomoUsa, LomoGermany, LomoNano, and LomoLounge. I've earned over $250 from free envelopes in about 3 months
***There will also be announced airdrops in which envelopes will be put on the world view containing large amounts of coins. You can get thousands of coins which then become worth some amount of money over time, I've earned over $100 from the airdrops. They also run promotions when new coins are added, for example they recently dropped free monero in the world view because they added it.
***There is a trade function where you can trade with other users. You can find really good deals on the trades, and there are also promotions sometimes where you can get 40% over market value for some coins.
Lomostar has their own token, called LomoCoin(LMC). You can stake LMC for a passive income, so my main objective is to collect as much crypto as possible and exchange them to LomoCoins. Once you have around $100 in LMC, send it to the wallet to begin staking and start again. In my opinion, Lomocoin is very undervalued and will likely increase a lot over time. So by staking and getting more and more LMC, you are preparing for the upcoming(possible) moon mission. This system has worked well for me and that's why I consider this my #1 way to make free cryptocurrency. But let's move on to our next easy money maker..
#2 - Electroneum(App) and a few others..
***Electroneum Referral code gives you "increased hash rate" meaning you get more coins each day
***Use code "B3C898" after you are signed up by hitting "earn free coins" on the app and then clicking "enter a code"
The Electroneum app claims to let mobile users "Mine" electroneum. Any seasoned miner will tell you it is pointless to mine with a mobile phone and is actually dangerous because it can overheat and cause your battery to explode. But the electroneum app is not a true mining app.
***Electroneum app is a simulated mining experience. What is really going on is that you are getting free coins sent to you for using their mobile wallet. On my phone using my home wifi, I get around 13 ETN per day. Right now, that is around $0.26, but as with most cryptocurrencies, we're speculating that ETN price will surge in the future. This will ironically likely happen when the mobile mining ends and people are forced to buy ETN instead of getting it for free.
Electroneum has a very low market cap right now compared to what other coins of similar calibar were at during the last bull run, and as history has shown us, the next bull run is always bigger than the last bull run. Meaning ETN has a chance to grow really big, really fast.
**Another easy "mining" coins is JSE. It is a javascript embedded coin, so you just run it from the webpage and earn free coins. JSE doesn't have a price yet because it's not on exchanges, but it has an interesting idea which allows website owners to have users mine for them while browsing their sites. This could be a new revenue stream for website owners and could drive the price up of JSE as it could eliminate the need for ads on websites. You can earn around 50 JSE per day even with a slow internet and running JSE in the background.
**Use this link to get signed up and earn a bonus.
https://jsecoin.com/o/?a=52395
#3 Steemit(You're here!)
This one might seem redundant to some, but if you found your way here from Google then you might not realize that Steemit allows you to earn money by creating content and being an active member in the community. I'm new myself, but obviously once I realized free crypto was involved, I was excited to get started.
**The main thing is to be active. Create content when possible, but comments seem to be the easiest and sometimes most profitable way to earn. The main objective is to earn Steem Power, or SP. Just be helpful when you see an opportunity.
This one may end up being higher down the road, but right now it's my #3 for earning crypo because it is really promising, but I haven't used it long enough to calculate any earnings.
#4 - Bounty Programs/Airdrops
You can get really lucky if you participate in as many airdrops and bounties as you have time to do. People were given 1000 NANO from a captcha bounty, or airdropped 1000 ONT. Here are a few going on right now, and a few apps/sites that automatically enroll you in airdrops:
Just click the links below and sign up to get the free coins*
***https://tokensale.bobsrepair.com?kid=N52RK
***Bobs Repair(BOB) is the first ever brick and mortar business using a token model. You are getting a piece of a real life business for free by signing up, they'll give you 20 BOB for nothing and then there are social media tasks to earn even more
***https://accounts.qryptos.com/sign-up?affiliate=k2_PlU1R446011
***QUOINE , a Japanese fintech company that has launched two exchanges, QRYPTOS and QUOINEX. These will soon be merged to become one, LIQUID. Rated 4.4 by ICObench, a top ICO rating site. Sign up and receive 13 QASH AIRDROP, their utility token is already trading on several exchanges
***Or, simply sign up for sites like Parachute and get automatic airdrops without doing anything. Or sign up for sites like airdropalert.com or airdrops.io for a list of the newest airdrop opportunities.
#5- Faucets
A faucet alone won't yield you very much bitcoin, but using the faucet below you have multiple ways to increase your satoshis. They also give out 1000 satoshis for free after about 50 "rolls"
**The #1 faucet is going to be this one, https://freebitco.in/?r=12910468. They give frequent giveaways and have some other options to help increase your satoshis. My advice is to use the faucet at first and once you get around 1000 satoshis, start playing the hi lo game and coupling that with trying to win the jackpot some games. I can tell you from first hand experience you will eventually hit the jackpot number and if you don't have the option selected to play for it you will be really upset.
BONUS ROUND::
#5.5, Getting a free stock and converting it to cryptocurrency
***Use this link to get a free stock for signing up on Robinhood and sending 1 cent from your bank to Robinhood. After 30 days, you can cash it out. You have a chance to get Apple as your free stock, which is worth almost $200. But you can get other good ones like Ford as well. Just use this link below
***https://share.robinhood.com/evans809
IMPORTANT
**After you have accumulated a good amount of coins using the techniques above, get as much of the coins to an exchange as you can and convert them to 1 coin of your choice. After you have the coin, set a sell order that is higher than the current price of the coin. After your sell order is completed, open a buy order for a smaller amount than what you just sold for. Rinse, and repeat this over and over no matter how small the gains are. Over time, you can work your way from 1/100 of a bitcoin to an entire bitcoin and beyond. Crypto is a good way to get income if you know what you're doing and have enough patience. And hopefully with this post, you too can get a good amount of crypto just starting from scratch.