So at this point, maybe you’ve followed my recommendations and gone over to Cointiply and played around a little bit, clicked a few ads, filled out a survey or two, and hopefully earned a few coins. One of the things you might have noticed is that even if you’ve made a few satoshis, that your earnings in US dollars are measured in pennies or fractions of pennies. Welcome to the beautiful world of grinding out your first Bitcoin.
It’s a bit of a shock, isn’t it? Is it beginning to dawn on you that this might actually be work? How much work? I made about $80 in my first month. I could have done that at a minimum wage job on a weekend. Now, did I do it perfectly? Nope. I made mistakes, and that is what I’m trying to help you avoid. So why did I keep after it? It was one thing that I heard when I started this journey. I would credit the guy if I could find the video, but regardless, it is this, “Be a producer, not a consumer.” That’s it.
I thought about it and realized that I was producing if I filled out surveys while I watched TV. I was earning satoshi. If I wanted to play a game and did it from an ad-supported link rather than just downloading it, I made satoshi. If I was feeling creative, I could write something to help someone and get paid for it. A lot, not necessarily, but now I have a way to make my free time more productive. I had a way so that if I needed to make some cash and was desperate, I could get a little something using spare bits of time during the day, and it wouldn’t cost me anything.
Let’s get you to your first dollar, and then we’ll figure out how to get you to your first ten dollars and then your first hundred dollars. There are a lot of ways to make satoshi:
- Pay-Per-Click Ads
- Watching Videos
- Exchanging Currency
I think you get the idea. There are lots of ways to earn. The problem is that the ones that make you real coin require that you already have at least some coin. This would be things like staking and exchanging currency. If you are trying to grind out some coin, you don’t have any coin to use with these methods, at least not at first.
The games of chance give you a way to make a lot of satoshis, but they offer you a way to lose many coins like all gambling. I’ve seen some people make some real sums gambling, but it really isn’t for me. I don’t like to lose in seconds what I’ve taken hours to work for. It is a personal choice, so you do you.
Since we are grinding out our coin, let’s talk about some of the more secure ways of earning that will have minimal risk.
These are the bread and butter of grinding, and there are generally two types – faucet and auto-faucets. There are hundreds of these sites out there. Some are great, and some are horrible. The difference between the two is that one produces coins whenever you push a button at set intervals. The other requires you to earn tokens of some type so that the autofaucet will run even when you aren’t on the site. Faucets need you to be the mouse periodically pushing the level so you can get the cheese. Auto-faucets require that you work for less than minimum wage to earn tokens that can be spent to keep the button pushed down even when you are busy doing something else.
If you can manage several of them and enjoy being glued to your computer all day, faucets may be for you. The problem is if you aren’t pushing, you aren’t earning. Faucets are not really for me. I go to a couple of them but generally only work with them a little bit. Autofaucets are how I earned the majority of my first money because they could run even when I was away, which was convenient. After all, I did want to sleep from time-to-time.
For me, this was the bread and butter of my world, at least at first. Depending on the site, surveys will either get you coins that convert directly to satoshi like on Cointiply or earn you tokens to feed the autofaucet like Dutchy. Yes, those are both referral links. Papa ain't working for free.
Here’s the thing with surveys. You aren’t going to qualify for all of them. Still, you have to answer a few questions to see if you are eligible, which can get frustrating when you have a string of them you don’t qualify for. Consider it a cost of doing business. That may sound silly, but it helps.
Answer surveys honestly and follow their rules. I disagree with some of the rules, especially those around not using VPN, but they have the tokens you are trying to get, so you have to play by their rules. In the long run, surveys are the most efficient way to earn tokens to power autofaucets (or coins) that I have found.
Games can be tricky. They can take quite a bit of time, and, for the ad-sponsored games, there is the temptation to spend money on them (which is what they want you to do). It also is distracting when you find a game that you like. I use games as a supplement. If I was interested in playing anyway, I’d click the link to get the reward. They can be time-consuming, so don’t rely on them as your primary means of earning satoshi. Also, some games are platform-specific, so if you have an iPhone, you might need to get an Android emulator to access them.
Alright, there are three ways for you to start earning. We’ll take about more advanced forms of earning in later lessons. For now, though, go have some fun. Right now, your goal is to make as many satoshis as you can because you will need to start building up a reserve pool of capital to start getting into more advanced forms of earning. That $80 I made that first month was enough to get me going, so it doesn’t take all much capital.
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