Sirwin
Sirwin

Cryptocurrency for the layperson, aspirant, beginner or the un, deux and trois together.

By Effector Dhanushanth | Politik | 17 Dec 2020


Getting free bitcoins is easy. But, as the name suggests, it's only a bit. You'd have to gather a Huge amount to gain a substantial value in $$. Bitcoin is a currency like $ or £ or €. For example, $$ is in $$ and cents ($.c like $50.25). But Bitcoin is in "Bitcoin bits". While $ is just the dollar value and 2 digits in Cents ($50.25), bitcoin is in Eight digits in the numerator. For example a value can be 0.00028834.

My point is what you get for free is extremely small. Like 0.00000112 -that's referred to as 112 sats (short for satoshi). Even 112 sats is a big value to get freely. What you can definitely get is like 1, 2 or upto 10 sats. But if you keep at it, you can accumulate a big value. $1 = 4300 sat or 0.00004300 bitcoins. It's not unachievable. But you're better off knowing what you're up against.

But if you want to do this properly, it's possible to slowly and steadily accumulate wealth. It won't pay your bills immediately but over time you can accumulate enough bitcoin to exchange for $$ or to invest. But Bitcoin is the future. I'd suggest accumulating as much as you can to retain till there's a huge price surge. Currently 1 Bitcoin is like $20,000.00. Leave a comment here. And keep watching this space. Your comment on YouTube was a wake up call. I'm gonna put down all the simple ways I know of to accumulate wealth be it in Bitcoin (which will eventually end up in $ or any currency you like). It will guide and answer you a lot of questions about Crypto currency. Comment questions you have that I will answer in upcoming posts eh. I hope you and your kids are okay, and safe from the bug. Hang in there.

How do you rate this article?

0


Effector Dhanushanth
Effector Dhanushanth

Dhanushanth is a poet & awarded British television screenwriter. He spends the better part of the day engineering abstract trips. And then when he's done, it's ETA zero.


Politik
Politik

My rational ravings of life, love and more. Be warned this section contains absolutely No alternative muse. Or does it?

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.