Getting bitcoins through legitimate ways for free in this day and time is one of the hardest things ever. Earning it, a little less so. Earning bitcoins can be gotten through three ways; working for it, buying it, and mining it.
That said, working is relatively easier, buying it a little less so, and it’s probably easier for the average person to get into the pearly gates of heaven at this point than for you to mine bitcoins.
Satoshi Nakamoto will probably love to read how to earn bitcoins for free. The same bitcoins that made him the 56th richest person in the world at some point in 2017.
If your hope is just to earn some amount of bitcoins or a fraction of it, then this article is for you. If your aim is to get rich by earning free bitcoins through legit means, well, you should still read this article.
After all, everybody needs work, and the direction the world is headed shows that someday, bitcoins and other cryptocurrencies may be the only accepted means of communication, financial exchange, and wealth transfer acceptable.
The search for free bitcoins is like the search for free gold long after the California gold rush of the 1850s and decades after it. The hope of many was to search and probably through some stroke of luck, discover the gold that hadn’t been found by those who scoured and dug the dirt up for it.
Through the same stroke of luck, some may find it, but it’s easier to find it if you had someone to guide you. Let this article be your guide to earning yourself some free bitcoins. Are you ready?
Remember that during the gold rush, most people did not make tons of money they thought they would make. For most, it was the most costly enterprise they had ever set out on. The market is full of volatility and bullish behavior.
During booms like during the gold rush, some sources are quoted as saying “At the height of the boom in 1849, prospectors could expect prices sure to cause sticker shock: A single egg could cost the equivalent of $25 in today’s money, coffee went for more than $100 per pound and replacing a pair of worn-out boots could set you back more than $2,500.”
The bitcoin market is not for the faint of heart. The market can shock you into doing things you didn’t expect.
How do I pay to learn how to earn?
You pay with your attention. You get to access, You get introductions and advice. Then you work. As you read this article and make attempts to figure out how to earn bitcoins, don’t get busy on the wrong things. Focus!
What are bitcoins?
The BBC in one of its articles described bitcoins as “as a cryptocurrency, a virtual currency or a digital currency – is a type of money that is completely virtual.”
Investopedia in its article on bitcoins described bitcoins as “a digital currency created in January 2009 following the housing market crash. It follows the ideas set out in a whitepaper by the mysterious and pseudonymous Satoshi Nakamoto.
The identity of the person or persons who created the technology is still a mystery. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.
There are no physical bitcoins, only balances kept on a public ledger that everyone has transparent access to, that – along with all Bitcoin transactions – is verified by a massive amount of computing power.
Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity.
Coindesk in its own article described the bitcoin operation as “Bitcoins aren’t printed, like dollars or euros – they’re produced by computers all around the world using free software and held electronically in programs called wallets.
The smallest unit of a bitcoin is called a satoshi. It is one hundred millionth of a bitcoin (0.00000001). This enables microtransactions that traditional electronic money cannot perform.
Bitcoin (often abbreviated BTC was the first example of what we call cryptocurrencies today, a growing asset class that shares some characteristics with traditional currencies except they are purely digital, and creation and ownership verification is based on cryptography.
Generally, the term “bitcoin” has two possible interpretations. There’s bitcoin the token, which refers to the keys to a unit of the digital currency that users own and trade. A bitcoin token is held in a bitcoin wallet that is identified by a string of numbers and letters such as “1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa.”
When someone wants to send you bitcoin, that person will send it to your particular, public wallet address, and you will access it via your private keys.”
While the first men used big round slab as currency, you get to use big round virtual slabs as currency.
7 legit ways on how to earn bitcoins for free
#1 – Freelancing
Freelancing is a contract-based profession where instead of being recruited in an organization, the person uses his skills and experience to provide services to a number of clients.
In simple terms, freelancing is when you use your skills, education, and experience to work with multiple clients and take on various assignments without committing to a single employer.
Freelancing usually involves jobs or gigs that allow you to work-from-home situations. It is just that many of the jobs that freelancers do can be done over the internet without their presence at the company or client’s place.
While freelancing, no matter the nature of your job, you will be asked to make a choice on how to pay you and in what preferred currency.
Requesting that payment for a job done to be made in bitcoins is the easiest and less stressful way to start earning in bitcoins.
#2 – Blogging
Blogging refers to writing, photography, and other media that’s self-published online. The hallmarks for blogging are the frequency of updates, the informality, and the opportunity for readers to truly know and understand what you as an author are saying.
Blog contents vary as there are more niches created every year. There are travel blogs, political blogs, business blogs, and so on and so forth. The important thing to note is that you can monetize it.
Instead of going traditional with a normal ad network like Google Adsense, you can go with a cryptocurrency network that helps you put some bitcoins in your pockets.
Bitmedia advertising network for instance provides a snippet of code that can be placed on your WordPress blog. When anyone clicks on any of those ads, you get some bitcoins.
#3 – Starting an elite club
If you find yourself as an internet sensation or you already are one, you can cash in on it. Sometime in 2019, someone spotted a coffee cup on the set of the last season of Game of Thrones, and social media blew up.
When the news went viral, people started tweeting out jokes and there were millions of such jokes all over Twitter and the internet. A user wrote “Imagine HBO spending millions on every single episode and being done over by a single coffee cup. Guess Dany did not get the memo on reusable chalices.”
If you have a knack for spotting things that other people miss in viral videos or just about any other thing, you can charge membership fees in bitcoins to your elite club.
While this may sound implausible, I want to tell you that people get paid for less work while you can earn bitcoins for free. Movie producers would not mind paying you to spot things that could cost them millions to repair.
#4 – Just hold on to the bitcoins you already have
This may sound cliché but do you know the number of people who sell the bitcoins they already have because they feel the market has gone bottoms up? Yeah, check again.
As the days go by, bitcoin uses continue to expand and so does the value. The easiest legit way to earn bitcoins for free is to hold on to all the bitcoins that you have for now as your survival depended on it.
For many, the rule is “don’t sell.” You can do same too.
#5 – Become a website broker
This is not as easy as it sounds. Investopedia describes an investor as an individual or firm that acts as an intermediary between the investor and a securities exchange.
Website brokers serve as intermediaries between owners of websites and those who wish to buy them. They are the middlemen, the good old middlemen that get you whatever website you are willing to pay for, and do they do it for free? Nah.
Brokers, web brokers provide services that are compensated in various ways, either through commissions, fees, or through being paid by the exchange itself.
In all of this, your aim is just to request that your fees for the connect be paid in bitcoins. It is one of the ways to earn bitcoins for free.
#6 – Sell your photos and videos
If you are the kind of person that travels and takes lots of pictures and videos in amazing places, then you can get paid for doing something you enjoy.
Some websites allow you to put your pictures and videos up for sale and then put price tags on them. You just have to insist that you be paid in bitcoins.
#7 – Join freebitcoin
Literally, freebitcoin gives you free bitcoins. The website says “every hour, we give away up to $200 in free bitcoins through our bitcoin faucet. No frills, no hidden agenda – just a way to get you started with the incredible worldwide phenomena known as bitcoin and cryptocurrency.”#
So the website would like to give you $200 in bitcoins just for wanting to join in.
There are many more ways to earn bitcoins for free, the only thing is that you need to try things out and know what works for you and what doesn’t work.
Most things you do as a hobby have the potential to earn you the bitcoins you need. You only need to offer those things out now as a service.