So you are interrested in Cryptocurrencies, but what now?
Well to set you up on your Cryptocoin journey there are some things you first need to do. you need to have patience and about 30 minutes per day to maintain this, however you will soon realize how profitable this is. so lets start with:
1. Setting up a "Wallet" (to store your Currencies)
now there are a few options for getting your first wallet, you may choose to get your offline wallet of choosing with lots of programs. but alternatively you may get an online web wallet, everyone has their preferations but for starters i would recommend the online wallet as it allows you to be Accessed from any pc/phone.
alot of cryptocurrencies have their own wallet, which starts getting tedious when using multiple currency at once, as for that reason i would suggest multi wallet or simply:
- Cryptonator : Cryptonator is an Online wallet which features loads of crypto currencies. you may enter from any device and can quickly deposit/withdraw your bitcoins at a very welcomming GUI. this site definatly is my favourite for when it comes to wallets as its super easy to use
2. (optional) Trade your money in for some Cryptocurrencies
if you want to speed it up a little or maybe dont want to spend time faucetting everyday then putting a bit of money into bitcoin is definatly the way to speed up the starting process. i definatly recommend using a smaller starting capital like 10$ to see if it something for you, but generally you can start with any value. the best way to get cryptocurrencies is online, the most reliable service is:
- Coinbase: Coinbase is the most known and reliable place to exchance Cryptocurrencies from fiat money (USD, EUR etc). you can deposit fiat money onto the site and exchange it to bitcoins, litecoins, ethereum and more.
3. (optional) Set up your Micro-Wallets and use some Faucets
as for the other side of people, who fancy not spending a buck on this might go the longer but free route to get your crypto balance up. for those this is the right step to do. and you should first start with:
- Getting your Coinpot.co Wallet set up. Coinpot is a lightweight but powerful microwallet which houses deposit/withdraw functions, the function to mine currencys with your browser and a 0% fee exchange feature! using this as your wallet for the supported currencies is well an option as it is quite handy to exchange with no fees attached.
After you set up your Coinpot account you have a decend selection of faucets to choose from:
(faucets are a free type of service which usually get funded by ads)
- BonusBitcoin: this Faucet has the highest payout on the list and is my personal favourite, its claim time is every 15 minutes and its claim ammount (if receive average is on (i recommend it!)) is arround 40 satoshis, it has a fast use which is perfect for faucetting on the side while doing something else.
- BitFun: Bitfun is a pretty well paying faucet which has a payout philosophy similliar to Moonfaucet's in that it doesnt have a claim time but fills up gradually, faster at the start getting slower the fuller it is, additionally it offers a variety of games to play while you wait which dont have a reward but are nice to try out.
- FreeBitcoin: FreeBitcoin is an hourly paying faucet with an avaerage payout of 40 satoshis, while not supported by Coinpot it features many extra services like a dicegame, jackpot and the reward point system,
- MoonBitcoin: MoonBitcoin is like any other MoonFaucet known for its philosophy of letting you claim when you want to, and even though they have a rather medium payout of in this case 4 Satoshis per 5 minutes (Decreases gradually) their introduction of bonuses really has me hooked. the daily really starts giving a good bonus after a while and i definatly reccomend doing surveys/offers there to boost your bonus even further.
- MoonDogecoin: Similliar to above but with dogecoins, sadly there arent as many bonuses.
- FreeDogecoin: The Dogecoin Varient of FreeBitcoin, however there arent any jackpot or Reward point features.
- MoonLitecoin: The litecoin variant of the MoonFaucet's
- MoonDash: The Dash Variant of MoonFaucet's
unless stated otherwhise all these faucets use Coinpot to pay you your earnings and they all feature easy use by saving your account so you dont have to log in everytime.
Claiming the Fauces Reasonably often will let you build up a decend balance for gambling/investing
QuickTip: convert all your faucetting earnings to avoid withdraw fees/ withdraw minimums!
5.(optional) See my Cloud Mining guide to further largen your balance
For now thats it, thanks for reading and good luck
-Kull
Well to set you up on your Cryptocoin journey there are some things you first need to do. you need to have patience and about 30 minutes per day to maintain this, however you will soon realize how profitable this is. so lets start with:
1. Setting up a "Wallet" (to store your Currencies)
now there are a few options for getting your first wallet, you may choose to get your offline wallet of choosing with lots of programs. but alternatively you may get an online web wallet, everyone has their preferations but for starters i would recommend the online wallet as it allows you to be Accessed from any pc/phone.
alot of cryptocurrencies have their own wallet, which starts getting tedious when using multiple currency at once, as for that reason i would suggest multi wallet or simply:
- Cryptonator : Cryptonator is an Online wallet which features loads of crypto currencies. you may enter from any device and can quickly deposit/withdraw your bitcoins at a very welcomming GUI. this site definatly is my favourite for when it comes to wallets as its super easy to use
2. (optional) Trade your money in for some Cryptocurrencies
if you want to speed it up a little or maybe dont want to spend time faucetting everyday then putting a bit of money into bitcoin is definatly the way to speed up the starting process. i definatly recommend using a smaller starting capital like 10$ to see if it something for you, but generally you can start with any value. the best way to get cryptocurrencies is online, the most reliable service is:
- Coinbase: Coinbase is the most known and reliable place to exchance Cryptocurrencies from fiat money (USD, EUR etc). you can deposit fiat money onto the site and exchange it to bitcoins, litecoins, ethereum and more.
3. (optional) Set up your Micro-Wallets and use some Faucets
as for the other side of people, who fancy not spending a buck on this might go the longer but free route to get your crypto balance up. for those this is the right step to do. and you should first start with:
- Getting your Coinpot.co Wallet set up. Coinpot is a lightweight but powerful microwallet which houses deposit/withdraw functions, the function to mine currencys with your browser and a 0% fee exchange feature! using this as your wallet for the supported currencies is well an option as it is quite handy to exchange with no fees attached.
After you set up your Coinpot account you have a decend selection of faucets to choose from:
(faucets are a free type of service which usually get funded by ads)
- BonusBitcoin: this Faucet has the highest payout on the list and is my personal favourite, its claim time is every 15 minutes and its claim ammount (if receive average is on (i recommend it!)) is arround 40 satoshis, it has a fast use which is perfect for faucetting on the side while doing something else.
- BitFun: Bitfun is a pretty well paying faucet which has a payout philosophy similliar to Moonfaucet's in that it doesnt have a claim time but fills up gradually, faster at the start getting slower the fuller it is, additionally it offers a variety of games to play while you wait which dont have a reward but are nice to try out.
- FreeBitcoin: FreeBitcoin is an hourly paying faucet with an avaerage payout of 40 satoshis, while not supported by Coinpot it features many extra services like a dicegame, jackpot and the reward point system,
- MoonBitcoin: MoonBitcoin is like any other MoonFaucet known for its philosophy of letting you claim when you want to, and even though they have a rather medium payout of in this case 4 Satoshis per 5 minutes (Decreases gradually) their introduction of bonuses really has me hooked. the daily really starts giving a good bonus after a while and i definatly reccomend doing surveys/offers there to boost your bonus even further.
- MoonDogecoin: Similliar to above but with dogecoins, sadly there arent as many bonuses.
- FreeDogecoin: The Dogecoin Varient of FreeBitcoin, however there arent any jackpot or Reward point features.
- MoonLitecoin: The litecoin variant of the MoonFaucet's
unless stated otherwhise all these faucets use Coinpot to pay you your earnings and they all feature easy use by saving your account so you dont have to log in everytime.
Claiming the Fauces Reasonably often will let you build up a decend balance for gambling/investing
QuickTip: convert all your faucetting earnings to avoid withdraw fees/ withdraw minimums!
5.(optional) See my Cloud Mining guide to further largen your balance
For now thats it, thanks for reading and good luck
-Kull
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