[oldbuddy]

Please explain where you see any risk, if I used free websites to earn free Bitcoins and deposit them in an account that pays me daily compound interest on each investment as low as $0.25 USD for 128 days. The higher my investment balance grows, the greater my Revenue Share becomes. I have been applying this strategy for a couple of years and unless you have a new definition of risk, I sure have not been able to see any.

The risk is losing the BTC you earned. Websites and even banks can close down and you'll lose your principal. Accounts can get hacked. That's probably what he means by nothing is risk free.

That being said, I agree with what you are saying. Depositing a set amount and letting compound interest work its magic is a great way to build wealth.

Since I got the set amount you mentioned for free with very little effort, the real risk was only a little time. Seriously, if I lost the approximately 4 Million Satoshi I have accumulated so far, I would just start over and do it again, with the advantage of the knowledge I gained from doing it the first time and the capital I set aside along the way.

[kataomoi]

Since I got the set amount you mentioned for free with very little effort, the real risk was only a little time. Seriously, if I lost the approximately 4 Million Satoshi I have accumulated so far, I would just start over and do it again, with the advantage of the knowledge I gained from doing it the first time and the capital I set aside along the way.

That is understandable and it's great it works for you. However, I believe that everyone has a different risk tolerance. Perhaps 4 million satoshi to you is worth a learning opportunity, but that amount could mean a lot to other people. Those with little to no risk tolerance may be more comfortable with leaving their money in reputable bank which has a low risk of closing, even if they're only earning 0.000001% interest per year. At least they have that peace of mind that their money will be (relatively) safe.

I also think people are scared to take the first step because they don't want to get scammed (especially with crypto). Sure, losing a couple of satoshis isn't going to break the bank, but it still feels bad to get scammed. Like you earned that amount fair and square, but you're not getting it. It's not a good feeling.

I know when I first started with crypto, I spent a lot of time researching it and picking the best option for myself. What I ended up doing didn't earn me a lot, but it was what I was most comfortable with. In the end, people need to educate themselves and not just jump at the first opportunity that presents itself.

[augusta]

Every one trying to get into crypto currency need to know that we have to always try to research especially if investing as a beginner to know how it works before indulging

[Emmaojo]

Crypto is very easy to start but you need capital to start up so try to get savings for begining.

[friendociate]

Pray tell me, what is the risk if you earn some Bitcoin for free and deposit it online to earn some interest?

We silly mortals, believing that our money has to start with something real

The money (Bitcoin) I have in my Faucet Accounts did start with something real, I registered for an account to participate in their website. Then I participated by logging on at the proper intervals defined by them to claim a random amount (defined by them) that was added to my account balance. I also read Paid To Click Ads and responded to Research Surveys that they provided to me for additional rewards if I completed them according to their instructions. If I desired, I could withdraw those earnings, or deposit them into an Active Shares account to earn Daily Compound Interest (like a bank CD) for a predetermined period of 128 days at 0.7% compounded daily and added to my balance. The more shares I earn, the higher my daily reward goes up and increased my balance. I have been doing this ofr a couple of years and withdrawn thousands of Satoshi to my CoinBase account and increased the value of my Active Shares to over One Million Satoshi with which I have purchased Amazon Gift Cards that I exchanged for products and services from their website. I assure you, they are very real.

Just like "Kenneth Copeland's mansions & private-jet etc. prove that prayers really do work"

--- 14 Mar 2023, 18:12 ---

Crypto is very easy to start but you need capital to start up so try to get savings for begining.

Right ... like when you go to the casino; you only bet money you're willing to throw away

--- 14 Mar 2023, 18:17 ---

Since I got the set amount you mentioned for free with very little effort, the real risk was only a little time. Seriously, if I lost the approximately 4 Million Satoshi I have accumulated so far, I would just start over and do it again, with the advantage of the knowledge I gained from doing it the first time and the capital I set aside along the way.

That is understandable and it's great it works for you. However, I believe that everyone has a different risk tolerance. Perhaps 4 million satoshi to you is worth a learning opportunity, but that amount could mean a lot to other people. Those with little to no risk tolerance may be more comfortable with leaving their money in reputable bank which has a low risk of closing, even if they're only earning 0.000001% interest per year. At least they have that peace of mind that their money will be (relatively) safe.

I also think people are scared to take the first step because they don't want to get scammed (especially with crypto). Sure, losing a couple of satoshis isn't going to break the bank, but it still feels bad to get scammed. Like you earned that amount fair and square, but you're not getting it. It's not a good feeling.

I know when I first started with crypto, I spent a lot of time researching it and picking the best option for myself. What I ended up doing didn't earn me a lot, but it was what I was most comfortable with. In the end, people need to educate themselves and not just jump at the first opportunity that presents itself.

It's like on game-shows, filling people with "regret" over losing a large number of points that they've built up ... I guess when we get older, it gets easier & easier to lose things we struggled to get ... because we realize it was all luck---we're lucky to have gained the things we spent time trying to gain, and we've got all the time we need to gain the things we lose

[MysticMoons]

I think with crypto you have to find ways to make it. or buy it then wait for the value to go up. I think bitcoin is till doing pretty good ?

[friendociate]

The Blind Leading the Blind (because the Blind can only Trust the Blind?)

[oldbuddy]

Since I got the set amount you mentioned for free with very little effort, the real risk was only a little time. Seriously, if I lost the approximately 4 Million Satoshi I have accumulated so far, I would just start over and do it again, with the advantage of the knowledge I gained from doing it the first time and the capital I set aside along the way.

That is understandable and it's great it works for you. However, I believe that everyone has a different risk tolerance. Perhaps 4 million satoshi to you is worth a learning opportunity, but that amount could mean a lot to other people. Those with little to no risk tolerance may be more comfortable with leaving their money in reputable bank which has a low risk of closing, even if they're only earning 0.000001% interest per year. At least they have that peace of mind that their money will be (relatively) safe.

I also think people are scared to take the first step because they don't want to get scammed (especially with crypto). Sure, losing a couple of satoshis isn't going to break the bank, but it still feels bad to get scammed. Like you earned that amount fair and square, but you're not getting it. It's not a good feeling.

I know when I first started with crypto, I spent a lot of time researching it and picking the best option for myself. What I ended up doing didn't earn me a lot, but it was what I was most comfortable with. In the end, people need to educate themselves and not just jump at the first opportunity that presents itself.

You're missing one critical point, every one of those 4 million Satoshi I earned for free. The money those people in California lost when that bank closed hit them right in the pocket book and took food off their tables and that feeling is even worse for me, especially when I had six kids sitting there with empty plates staring at me.

[oldbuddy]

Crypto is very easy to start but you need capital to start up so try to get savings for begining.

Not true at all. As long as you have a computer with an Internet Connection, anyone can make money online without touching their savings. You just proved it by making a penny for posting that comment. Now go make a hundred more the same way and put them to work for you while you sleep.

[MysticMoons]

Bitcoin is pretty good. But i am not sure about the smaller coins

[oldbuddy]

Bitcoin is pretty good. But i am not sure about the smaller coins

It's a matter of searching and testing with free earnings for me, like the FUN Tokens I have on deposit earning me 20% APR an more from Compounding, then throwing in the Bonuses they bring like Free Wheel of Fortune Spins and added Interest tacked on as incentives to buy them. It's the bottom Line that tells the score at the end of the game.

[sweerie_banana]

Hi @oldbuddy you never replied to my messages, I went ahead and started with the idea of free bitcoins I'm prepared for this. I find this post very informative as well.

[augusta]

Crypto is very easy to start but you need capital to start up so try to get savings for begining.

Apsrt from looking for capital to start it will be good to study and have a good knowledge of it.

--- 19 Mar 2023, 06:05 ---

Crypto is very easy to start but you need capital to start up so try to get savings for begining.

Apsrt from looking for capital to start it will be good to study and have a good knowledge of it.

[Yugocean]

Collecting crypto world s not enough, you should know where to spend.

[JASPREET]

I am moving and learning daily and that has helped me feel more comfortable with my crypto transactions and every day is a learning for us

[kataomoi]

You're missing one critical point, every one of those 4 million Satoshi I earned for free. The money those people in California lost when that bank closed hit them right in the pocket book and took food off their tables and that feeling is even worse for me, especially when I had six kids sitting there with empty plates staring at me.

Why does it matter that you got it for free? It belongs to you and losing it is still a lost. I can't control how you feel, but no one likes being scammed no matter how small the amount is. Your risk tolerance is probably higher because you don't rely on those 4 million satoshis to feed your family. That's not the case for everyone, especially a lot of the users on here who are from smaller countries.

It's like if someone gave you $100 for your birthday and it got stolen from your bank account. Is losing that $100 going to make your family starve? Probably not. But are you going to call the bank and ask them to investigate/return your money? Ya, you probably will. I know I would because that's my money and it does not matter how I got it or who gave it to me. It's mine and no one should be taking it.

[friendociate]

Collecting crypto world s not enough, you should know where to spend.

Before @oldbuddy gets in here telling about how you keep making it (with the mining-equipment, gathering from faucets, etc.) and just keep spending it on programs that agree to take it and give you more in return; I want to say that you get it FOR NOTHING, you give it and get back extra NOTHING ... enjoy it before they work out how much 200% of NOTHING is (maybe 200% of NOTHING is somehow SOMETHING, as long as nobody's 'showing their work' on that math )

[oldbuddy]

Collecting crypto world s not enough, you should know where to spend.

Before @oldbuddy gets in here telling about how you keep making it (with the mining-equipment, gathering from faucets, etc.) and just keep spending it on programs that agree to take it and give you more in return; I want to say that you get it FOR NOTHING, you give it and get back extra NOTHING ... enjoy it before they work out how much 200% of NOTHING is (maybe 200% of NOTHING is somehow SOMETHING, as long as nobody's 'showing their work' on that math )

All I can do is make suggestions. The only math that would do any good to help anyone that needs it, is the math done on their own account showing the steady increases they enjoy.

[friendociate]

Collecting crypto world s not enough, you should know where to spend.

Before @oldbuddy gets in here telling about how you keep making it (with the mining-equipment, gathering from faucets, etc.) and just keep spending it on programs that agree to take it and give you more in return; I want to say that you get it FOR NOTHING, you give it and get back extra NOTHING ... enjoy it before they work out how much 200% of NOTHING is (maybe 200% of NOTHING is somehow SOMETHING, as long as nobody's 'showing their work' on that math )

All I can do is make suggestions. The only math that would do any good to help anyone that needs it, is the math done on their own account showing the steady increases they enjoy.

Reminds me how people frequently report movies' "Box-Office figures" without reminding us 'how much the movies cost to make' (usually when they're comparing "how well the movies did in competition with each other")---and before you reply "I got it for FREE," I ... well, maybe you get 'that free electricity they give away'; but ...

[oldbuddy]

Reminds me how people frequently report movies' "Box-Office figures" without reminding us 'how much the movies cost to make' (usually when they're comparing "how well the movies did in competition with each other")

So are you saying they should judge how much profit a movie made instead of just how many tickets it sold? That sounds like a plausable idea. Some of these blockbuster movies now days could very well end up in the hole.