Get into Crypto without Investing your Money
Experts are speculating that the “Crypto Winter” is over and a bull run is imminent.
An unprecedented bull run occurred in 2017 when cryptocurrencies hit all-time highs (ATH) and Bitcoin climbed to $20k. In 2018 following the New Year, the price of all cryptocurrencies fell almost 80%-90% from ATH.
This “crash” and the subsequent stagnant market that followed, was known as the Crypto Winter.
The crash was rough for investors, however, executives from NYSE, Microsoft, Bakkt, Coinbase and amongst others stated that the crash allowed companies to focus on the technology instead of the price.
As I discussed in the article Why are Cryptocurrencies trending in the News? we see major financial platforms and companies offering blockchain products and digital assets.
I believe in 2019 we will see tremendous growth and adoption which will see crypto prices skyrocket.
But honestly, who knows?
Cryptocurrency Caution
Crypto instills curiosity, but caution for most.
A lot of cautious investors refrained from risking money two years ago and are kicking themselves. Investing is full of “what-ifs.”
Investing in anything can be daunting. I understand the need to get your feet wet, learn, and get your hands on some cryptocurrency of your own!
Luckily you can…for FREE!
There is no need to get a second mortgage on your house or take out a loan. You don’t even need to put any of your hard-earned cash toward crypto if you don’t want.
To help you get your feet wet, I’ve put together five easy ways to get into crypto without investing your money:
Honeyminer
Honeyminer — easier than streaming Netflix. Turn it on, earn crypto.
Perhaps the easiest, little-to-no-effort way to get your hands on some Bitcoin.
By utilizing your computer’s spare CPUs (or GPUs, if you choose), Honeyminer starts earning you cryptocurrency with just a few clicks! Sign up here and get started.
I usually run Honeyminer when my computer is on but not being used.
Will you become rich using Honeyminer?
No, not even a little bit, but remember this is to get your feet wet in crypto.
When you earn Bitcoin, use Coinbase Wallet to hold your crypto! You will earn another $10 FREE in Crypto!
Lolli
Lolli — another easy way to earn Bitcoin but by shopping!
You may have heard of Honey, a Chrome extension built to help you find discounts through promo codes while you’re shopping online.
Lolli is similar but simpler!
Just do your normal online shopping with their handy browser extension enabled, and they’ll let you know when you earn Bitcoin back from your purchases.
Tomorrow will be our biggest #StackingSats Saturday yet
Share a tweet, story, blog post, video, etc. about Lolli and we’ll send you some fresh sats to sweeten up your Saturday 🍭
— Lolli 🍭 (@trylolli) March 16, 2019
If you enjoy sharing on social media, Lolli will give you sats (smallest unit of Bitcoin — like a penny is to the dollar) on Twitter for showing off your awesome Bitcoin hauls.
Sign up and give them a shoutout! They’d love to hear from you and your experiences using their chrome extension.
Learn and Earn with Coinbase
I wrote about Learn and Earn with Coinbase earlier this month.
Coinbase Earn allows users to earn cryptocurrencies while learning about them in a simple and engaging way.
The idea is for users to understand more about an asset’s utility and its underlying technology while getting a bit of the asset to try out.
The task is watching informative (straight to the point) videos that are 1-2 minutes long. Each video has a mini test and if you answer correctly, you earn free crypto straight to your Coinbase account.
I have completed all the videos.
I can say they are fantastic and provided me a very basic, but comprehensive understanding of the digital assets.
Make sure to sign-up for a Coinbase Wallet prior to starting the videos.
GAIN
GAIN — is similar to Swagbucks. Get rewarded for watching videos and completing tasks.
The one difference between this site and many other tasks sites is the option to be paid in Cryptocurrency.
A majority of the tasks include watching ads and filling out surveys. Pretty simple right?
GAIN is one of the highest paying tasks sites. There is no daily cap, new users get 100 points ($0.10), and no screwy point to dollar conversion ratios: 1,000 coins = $1.
Also, if you withdraw using Paypal, there is no minimum withdrawal amount.
Coinbase Referral
Coinbase— is the standard for holding, buying and selling cryptocurrency assets. It’s online banking but for crypto.
Their referral program gives out $10 in Bitcoin to new users.
The caveat is the new user and the person who referred them (hopefully it’s me!) are only paid if the person verifies their account and initiates a buy or sell of $100 of or more.
I know, not a FREE way to earn necessarily, but after the initial $100 is bought, the cryptocurrency can be sold and redeposited back into your account after you receive your FREE $10.
The buy or sell has to complete (meaning the funds are delivered to the account). Buys can take up to four business days to complete. The amount can be a cumulative $100 (it can happen over multiple purchases). The payout will typically arrive about 10 minutes after this.
Conclusion
Remember, these are ways to earn free Cryptocurrency and get your feet wet. Not to make you rich overnight.
But, if you do, I accept donations!
I hope you take advantage of these opportunities because earning and learning without spending your hard-earned cash is frankly, AWESOME!
The cryptocurrency markets are trending upwards, getting involved sooner than later is always “more better.” The secret is to get started, keep learning and earning.
Goodluck!
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