FreeBitco.in Details and Overview
Website URL: https://freebitco.in
FreeBitco.in, or just FreeBitcoin, is one of the most popular free earning websites out there and it will also form one of the key parts of our strategy. The site has been paying its members since 2013 and offers lots of great features.
Below I have made a video to run through how the site works, how to get the most out of it, and how it fits into our strategy.
FreeBitco.in Earning Options
The minimum withdraw amount from FreeBitco.in is 30,000 satoshi, or 0.00030000 BTC.
Ways of Earning on FreeBitco.in
1:) Claim from the free faucet every hour (win up to $200 in BTC every hour)
2:) Earn daily interest on your balance (minimum balance 0.00030000 BTC)
3:) Buy Fun Token. Play Wheel of Fortune.
4:) Play the Multiply BTC Game (Be very careful)
5:) Betting (You can bet Bitcoin on a variety of things from sports to politics to predicting the future price of cryptocurrencies – If betting is something you enjoy, this might tickle your fancy.)
6:) Daily Lottery and Contests (Earn free lottery tickets by simply using the site and its various earning features listed here – a great free bonus basically and the prizes are HUGE)
7:) Refer people to FreeBitco.in (See benefits shown below).
8:) Reward points (RP). (See earning strategy)
9:) Golden Ticket (Once or twice a year one lucky user actually wins a Lamborghini Huracan – no jokes!)
FreeBitco.in Earning Strategy
Step 1) Be sure to remain logged into your account and claim from the free faucet every hour as much as possible. Build up your account balance.
Step 2) Deposit your bitcoin earnings from other faucet sites your FreeBitco.in wallet. There is no minimum deposit amount. As soon as you reach 30,000 satoshi, or 0.00030000 BTC, you start earning 4.08% interest compounded daily on your account balance.
Step 3) If you are able to refer any friends, contacts or random people through advertising to the website, do so – there are great benefits to having referrals and this will quickly boost your bitcoin balance.
Step 4) Start playing Multiply BTC game, betting on events, or buy lottery tickets. This will start increasing the minimum (lowest) amount you will earn with every free faucet roll. This helps a great deal!
NB: Step 5) You can start withdrawing to your own bitcoin wallet as soon as you reach a balance of 30,000 satoshi. We are not going to do this. Instead, I would suggest rather building up your account balance until you reach 130,000 satoshi (or 0.0013 BTC). Once you reach this amount, you will make your first withdraw for the amount of 0.001 BTC from FreeBitcoin and deposit this into the first (and subsequent) passive programs we will be building up. (Hint: our first passive program will be CryptoPros). Our goal is to always keep our account balance above 30,000 satoshi in order to gain interest.
Multiply BTC Explained
Playing the Multiply BTC game is one of the best ways to increase your bitcoin balance on FreeBitco.in faster, but this needs to be done in a careful and considered manner. The site claims that your chance of winning with every bet is 47.50%.
The Martingale strategy is a very popular technique people use when playing this game. This basically means that every time you lose a bet, you double your next bet and continue doing so until you win again. This ensures that you regain all of your lost bets, as well as make a small profit. From what I have learned, people get this strategy wrong in two ways on FreeBitco.in by either:
1) Using the ‘Auto Bet’ feature instead of doing manual betting.
2) Playing the game without having enough of a balance and starting with a base bet that is too high.
– I prefer manual betting as this gives you more control over the process. Although it takes some manual clicking work, at least it ensures that you do not lose your entire account earnings when you are just 1 or 2 bets away from doing so. This can happen easily with Auto Bet if you are not actively watching the screen the entire time.
– The lower your balance, the lower your base bet must be. This is the sequence if you continue to double your bets starting with just 1 satoshi (1, 2, 4, 8, 16, 32, 64, 128, 256, 512, 1024, 2048, 4096, 8192, 16384, 32768, 65536, 131 072).
My ‘SAFE’ strategy: Do not start playing this game until you have at least 1,000 satoshi in your balance. Use the martingale strategy, but always start with just a 1 satoshi bet and never exceed 7 losses. In other words: If you hit 64 and lose again – NO NOT CONTINUE. Rather, take the loss and just start over. Yes, it sucks losing some of your balance, but you will make it up again and the rest of your balance is safe. Once your account balance has grown sufficiently (use your own discretion), double your minimum bet to 2 satoshi and knock-out at 128. (I personally try to add between 25-50 satoshi this way between every hour’s free roll). As you can see, doing this consistently will boost your earnings greatly.
NB: If ever you feel you need some help in explaining this technique a little further, please do get in touch with me via any of my social channels, or just drop a comment below.
Reward Points (RP) Explained
You will receive 2 free RP for every free BTC faucet roll you play, 1 point for every roll your referrals play, and 1 point for every 0.00000500 BTC that you wager in the Multiply BTC game.
Tip: Build-up your Reward Points. When you reach 100,000 RP you can either exchange it for 100,000 satoshi, 0.00100000 BTC to cash-out, or if you want to build-up your balance quicker at the start you can exchange it to ‘Boost’ your free hourly roll rewards by between 10% – 1000% for 24-hour periods in any of the following ways.
Free BTC Bonus:
Lottery Tickets Bonus:
Free Reward Points Bonus:
You can even exchange your RP for Electronics (inc Apple; Samsung Galaxy; Fitbit; Kindle products), Hardware Wallets (used to securely store your crypto on a physical USB wallet), or Gift Certificates (Amazon or eGifter).
This is a rather new addition to the site. You can now purchase FUN tokens (also a form of cryptocurrency), and these are used as a means of providing a newly introduced Premier Membership. Basically, the more FUN tokens you have and the longer you hold them for, the more benefits you will get with your membership.
The benefits of holding FUN tokens start when you have at least 2,500. You can see in the image below the amount of cashback you can get for holding this number of FUN tokens, and the number of free spins you will get on the Wheel of Fortune (more about this below). When you hold a higher amount of FUN tokens you will also qualify for increased amounts of daily interest. As this feature is still new, I will be testing it our properly as I can foresee it playing a nice role in further boosting our accounts.
Wheel of Fortune
This is another new feature that has been added to Free BTC site recently, and I LOVE IT. You need to be subscribed to the email updates to get the entry ticket to claim your free spins.
I have already won quite a lot on the Wheel of Fortune (including BTC, lottery tickets, rewards points etc). Its definitely worth making sure you do the free spins each day. Simply keep an eye on your emails.
Do not get discouraged if your account balance grows slowly at the start. This will start increasing as we incorporate the next steps of our strategy. Congratulations, you have just started to earn online!
On to the next site!
To Join FreeBitco.in free click here –>>> Join FreeBitco.in
Please feel free to drop a comment below if you have any questions, or would like to share you personal experience with FreeBitco.in. Would love to hear it!
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