How to Use Freebitco.in for BIG Gains

I got into crypto about four years ago and, during the 2017 boom, I jumped into Freebitco.in - the most popular Bitcoin faucet around.

To say that I was sceptical at first is an understatement. I was sure that every time I logged in, I would be scammed somehow. It didn't make sense - free bitcoin? Even their website looked kind of spammy (but so do Binance and other reputable companies in this field).

I played around with it for a long time, made some stupid mistakes, tried repeatedly to beat the system, and eventually settled upon a method that works for earning decent profits. I'm going to explain it step by step below.

Basically, what I want to tell you is how to minimize risk, speed up your gains, and beat the system by acting differently from everyone else. Also, we are going to leverage the power of compound interest.

Sign up for Freebitco.in

Well, obviously you need an account. You can sign up here. Thankfully, they do not required KYC or any other personal details. I would recommend setting up 2FA just so that when you actually make some bitcoin, it is relatively secure.

Start Rolling

Once you have set up your account, you should head to the faucet. A "faucet" in crypto jargon is a button you push to get free money. Of course, the amount they give you is really, really, really, really small so it hardly seems worth it to begin with.

In Freebitco.in, this is called "Free BTC" and on that page you can click a button at the bottom once per hour to receive your money. If you start an account today, you would receive 20 satoshis, or 0.00000020 bitcoin.

Important - you should go to your profile and turn off the setting for Lottery Tickets. Instead of getting free tickets, you can get guaranteed satoshis. Honestly, you could play the lottery for 1,000,000,000 years and not win. It's better to build up those satoshis and earn interest on them.

Build Up Your Bitcoin

If the first thing you need to do is start an account and use the faucet, the second is be patient. It takes time to earn bitcoin, even through this method, but don't worry - I'm going to show you how to speed things up.

Try to click the "FREE BTC" button every hour to maximize your gains. I work from home, so I just set a timer and take 15 seconds out of whatever I am doing to open Freebitco.in and play a Free Roll.

Before you move on to the next step, I would recommend doing this for at least a few days. If you are earning 20 satoshis per click, you can make 200 satoshis by clicking the button ten times a day, which is easy to do if you are working from home, like me.

200 satoshis per day is easy. If you did that for 10 days, you'd have 2,000 satoshis. At this point, you are ready to move on to the next stage.

Speeding Things Up

There are various things you can do to speed up the process of earning free bitcoin, but they mostly involve risk. The purpose of this article is to show you how to avoid risk.

The first thing is to click that faucet more often - ten times a day is a minimum. One of the annoying things is that you must deal with a captcha in order to click it. By depositing 1,000 satoshis or earning 1,000 satoshis, you can do away with that step. Because these captchas can actually be really annoying, these can eat up a minute or more each hour. Also, you can spend your "Reward Points" to skip the captcha. Reward Points are basically useless, so consider doing this.

Turbo Charge Your Earnings

Ok, so far I have just told you the basic stuff - the common sense. Now, we look at the real method to this.

There are a few ways to increase your earnings on Freebitco.in. These include a HIGH-LOW betting game, gambling on sports, and earning interest.

All of these have potential, but only the interest-earning part is really safe. However, you only earn 4.08% per year and that is not much when you are earning 200 satoshis per day.

Let's look at how we can combine these elements for safe, predictable returns that will quickly build over time.

How to Beat of Freebitco.in's 'Multiply Bitcoin' Function

The key to the whole business model of Freebitco.in is the 'Multiple Bitcoin' function that lets you bet on a random number generator. You either say whether the number will be high or low, and if you are right you double your money.

People always try to beat the system but it is not easy. If you lose a bet, the natural assumption is that you should double your bet and try again, but doubling your bet quickly spirals into huge losses.

There are bots and even a built-in system for automating betting, but I never found one that did not lose all my money. The good thing about these is that - if you keep an eye on them and limit losses - you can bet vast sums by making small bets many times per second. This can earn you lots of Reward Points... but these are more or less useless. The only gain would be trading them for increased payouts, but you'd still ultimately lose money on the lost bets.

Instead, play conservatively. Once you have a good stack of earnings - say, 20,000 satoshis - you should start placing small bets. When you lose, double your bet and try again. Set a maximum loss of 250 satoshis.

However, this method has some problems. I'll show you how to crack the Multiply Bitcoin system now:

The Secret Method(?)

The best way to beat the system is to deposit bitcoin into your account. Obviously, make sure it is an acceptable risk for you. I started with 0.01btc.

With this in your account, you no longer have to do the captcha. Thank god!

With this in your account, you no longer have to worry about losing 5 or 10 consecutive bets. Think about it. If you lose after betting 1 satoshi, how many Free Rolls can you realistically lose? 1, 2 4, 8, 16, 32, 64, 128, 256, 512, etc. To lose 512 satoshis, you would need to lose 10 consecutive bets!!

This is a game of chance wherein you have a slightly worse than 50-50 chance of losing. The probability of losing more than a dozen consecutive times is very low.

Super Charging Your Free Bitcoin Gains

Compound interest is an incredibly powerful force. With Freebitco.in, you start earning interest after you reach 30,000 satoshis. Of course, that won't earn you much, but there are other ways.

If you put 0.01btc into your account, you will make 109 satoshis per day in interest. It is not much, but it is a start. Obviously, if you can tolerate the risk, putting more in will speed up your gains. 0.1 will earn you 1095 satoshis per day.

Now you are earning 200 satoshis from the Free Roll button and 109 satoshis from interest. What next?

The more you bet, the more you earn in bonuses. Your Free Roll bonuses quickly increase as you make wagers, so pretty soon you can turn 20 satoshis per click into 120 or more. When that happens, your daily income starts to rise quickly:

120 satoshis x 10 clicks = 1,200 satoshis per day + interest. To get an idea of interest that you could earn, there is a handy calculator included at Freebitco.in

Gambling on Sports for Bitcoin Profits

Gambling is a sucker's game, right? The house always wins?

Yeah, but so is betting of any kind.

The problem with gambling is that people believe in luck. They don't understand odds. When you bet carefully, using my method above, you reduce the chances of being wiped out to virtually nil.

With gambling on sports, it is different but you can also take a sensible, conservative approach.

What I do is this:

1: I set aside a weekly budget for betting on sports - let's say 20,000 satoshis.
2: I bet as soon as the events are announced*
3: I bet only on the major favorites - teams almost guaranteed to win.

*when you bet early, you earn additional bonuses if your team wins

This method means that I usually win, but that my winnings are small. Typically, they average 30% back on top of my initial bet. This means that I have to win four times for every loss in order to make a modest profit.

It works. Each week, I bet on Liverpool, Barcelona, Real Madrid, and other big football/soccer teams. I made five or six bets, with more money on the games I'm certain will go my way. I typically average 15% profits per week from this alone.

Earning a Little More Free Bitcoin

There are other ways to do this for extra profits. Whenever I transfer Bitcoin between wallets, I send it to Freebitco.in and leave it for a few days. The reason is simple:

Let's say I buy Bitcoin on localbitcoins.com and want to transfer to my private wallet or another exchange in order to trade it. Well, the fee may be a few hundred satoshis, so I send it to Freebitco.in, let it earn 5,000 satoshis in interest, and then send it along.

The result: I have a small amount of extra Bitcoin earning interest and adding to my account.

What Not to Do With Freebitco.in

Ok, let's finish up this overly-long post with some tips about what not to do on this website.

First of all, betting is a sucker's game and so you should be very, very careful. My advice above works because it minimizes losses and makes it really unlikely that you can lose, but it takes dedication and restraint. (Honesty time: I have lost a bunch of satoshis on several occasions because I felt "I will win this next bet! It's gotta happen!" It's stupid but we all do it sometimes.)

So don't make dumb bets. Don't take unnecessary risks.

Also, don't take advantage of the "bonus" they offer you on the Multiply Bitcoin page. This is not as good a deal as it seems. You must wager 25 times the amount you get in order to keep the bonus. This can take months of risky betting to win back. It is possible, but not worth the hassle.

Also, do not bother with Lottery Tickets. Out of millions of tickets, only 10 are chosen per week. The chances are very low that you will win anything. Instead, focus on continual progress. In the beginning, it seems small and pointless, but over time you quickly build up a respectable income.

to;dr

The amazing thing about money, whether fiat or crypto, is the power of compound interest. A few clever hacks, coupled with restraint and patience, will result in massive gains.

Build your Bitcoin slowly and surely, but follow my advice about speeding it up safely. If you keep plugging away at this, you will rapidly increase the amount of Bitcoin in your account. Hopefully, but the time 1BTC is worth $100,000, you will have earned a massive chunk of a Bitcoin and will be generating huge amounts through interest.

Note: Obviously, I use Freebitco.in myself. The links to that website in this article are affiliate ones. I benefit slightly if you sign up through these links. I mention this for transparency. You don't have to click them if you don't want, but your support is appreciated.