Hey There! By now I’m sure you’ve heard about cryptocurrencies and the buzz sweeping across the world. In actuality cryptocurrencies like Bitcoin have been around for quite a while. Now because of it’s success with an amazing return on investment for those beginning investors everyone wants in on the action. Especially after the huge blow up of the GameStop stock that turned many reddit readers into millionaires overnight!
First I’ll continue with a disclaimer that I am in NO way a financial advisor and am in NO way experienced in the world of finance. Like yourself I too have jumped on this train. I have been researching, learning and testing out everything I can in regards to cryptocurrency. As time continues and I continue growing my knowledge, I am getting more and more excited about it all. I am excited for the future in finance and that is a sentence I thought I would never utter.
Finding that a massive majority of people are also in this learning beginner faze of Crypto and I wanted to share my experiences including both ups and downs, pros and cons of what I have gone through. Hoping it helps others to realize they are not alone in this learning curve and that there is definitely a ton of room for others to join and grow their future financial freedom.
I will be going over as much about cryptocurrencies in a full article series including topics like the best exchanges, where to buy which currencies, the pros and cons, and everything in between. This will mainly focus on Canadian and some American investors but the info will still be useful for anyone wanting to utilize it.
I am in no way close to rich enough to have hundreds of dollars saved up and available to be invested. Especially in the long term. For that reason I needed to find a way to get my feet wet without running the risk of losing whatever small amount I had available to invest. That being said, here is how I started earning Cryptocurrency for FREE!
First after many many weeks of researching and absorbing every bit of info I could, I decided that it was time to get off the fence and start investing. The first thing I did was sign up for COINMILES. Coinmiles works like a points program but instead of earning points, you earn small amounts of Bitcoin! As crypto becomes more and more widely accepted you are going to see many more companies making the switch to offering crypto as an incentive to shop with them.
Starting with Coinmiles you download the app and click on the store or company you are wanting to shop with. For example say you wanted to shop online at Sephora, Shoppers Drugmart or The Home Depot (they have over 50+ name brand companies already registered on the app with more being added every week), you would simply click the link to the store you want and you are instantly redirected to the stores regular website. You shop normally online and that’s it. After you will receive an email letting you know that Coinmiles has received the go ahead to reward you with whatever that stores reward is. Some will offer certain dollar amounts and some will offer a percentage of your total purchase in Bitcoin.
Who doesn’t want free Bitcoin just for shopping? To Download the app and get started, use this link and we will both get rewarded after your first purchase! COINMILES APP
Once you are easily set up, you can start earning in 2 ways! First with your own everyday shopping and second you can share your own link to friends and family earning even more Bitcoin! Granted it is not a ton of Bitcoin, but it can definitely add up as time progresses. I myself signed up for Coinmiles and within 24 hours I had $25CAD in Bitcoin. By the end of the first week I was up to just over a couple hundred. Not bad for starting with $0. The best part of earning Bitcoin instead of regular points is that most programs expire unused points and they never grow in value. By receiving cryptocurrency, you are not only ridding yourself of needing to use points up before they expire, but your currency can and most likely will grow in value in turn earning you more money down the line.
Next, if you are looking to open an exchange account where you can buy/sell a large number of different coins then give the popular Coinbase a try. You can go through the Coinmiles App! Double Win! Since you will need an exchange company to make your crypto purchases and trades why not take advantage of extra bonuses and or free crypto at the same time?
I like Coinbase so far for a few reasons and will have a full review of them up soon! These guys also offer a referral program to continue earning you even more FREE Cryptocurrencies. You can directly get more info and set up your accounts on Coinbase by following the link COINBASE.COM
One thing I want to make sure I mention about Coinbase is that they also offer a bunch of educational videos explaining and teaching you all about different kinds of cryptocurrencies, coins and more. I found most new options are still listed as a waiting list, but by spending 5 mins watching quick and short videos in return for free future currency sounds like a win win to me!
One more Crypto Wallet App I had recommend over and over to myself by friends to get started was Shakepay. This is the most user friendly option out there! It simplifies the options to easily add funds via etransfer — no credit card needed. It currently only deals with Bitcoin and Ethereum but those are currently the two biggest cryptocurrencies and therefore the most sought after. Shakepay like the above mentioned also has the option to a refer and share your link with friends and family. It will reward you both $10 once they make their first crypto purchase (min conditions apply). To see full details including extra ways to generate Sake Sats, what they are and to join Shakepay check out their link > SHAKEPAY
Lastly, there are a bunch of NEW Cryptocurrencies that have either just hit the market or are about to launch and are looking for people to jump on board prior to launching. To pioneer the way like those back in the Bitcoin beginnings. These can go either way. A token or coin can possibly flop right out of the gate and never catch on OR it can take off like a bull and shoot for the moon! These can be the hardest to predict so I suggest researching these more closely and picking options that stand out to you. Because these options can be a bit more of a gamble I was reluctant to set up shop with some of them, but I did come across one called Pi and is a fairly new Cryptocurrency set to be the first ever that you can mine from your phone. Launching in 2021.
Check out the story of Pi
They are currently only accepting new users via invitation only and the best part is that you do NOT have to add a credit or debit card to get started. Granted you cannot even buy this crypto yet, but you do start receiving FREE small amounts of their currency right away by way of mining! This awesome Crypto allows you to passively mine crypto for free right from your phone without the need of external rigs. Once you share your link for Pi with friends and family you begin to grow your group and will continue to mine higher amounts with the more people added to your group. I personally think this will be a huge one in the coming months, but of course only time will tell. If you would like to become part of the Pi group I can extend the invitation HERE. When they ask for who invited you, ensure to mention myself at username: thebaroness (I know, what was I thinking).
I hope this helps give you the bump to get started in the world of Cryptocurrency. Without any losses to you because it’s FREE what are you waiting for?
Don’t forget to follow along as we continue the crypto journey together.