Are you scared of Cryptocurrency? | Start small with $10
So #Cryptocurrency is risky, dangerous, a scam and this probably not a good way to start my article.
But lets face it, if it was risk free, if your broker or large brokerage said that Crypto was the new medium to low-risk investment that would suit a 21 to 35-year-old wanting to enter an investment plan for his or her retirement, well you would go with it because you trust the institution pitching you the sale.
What am I trying to say? I am not here to convince you to invest in Cryptocurrency. If you have landed here your interest in finding out more about Crypto, #Bitcoin, #Ethereum or any other #Altcoins have already been awakened.
I am here to help you get started in the best, easiest and risk-free possible way.
My Motto: “If I haven’t done it I will not share it.”
Here is one example I would like to share.
Cryptocurrency can be bought in small increments, so it is possible to start with a small amount first. This is part of what makes investing in Crypto so attractive, but a lot of people don’t know this.
How? Faucets for Passive Income | Small amounts But No Effort!
Definition: A faucet (or "tap" or "spigot") is a valve controlling the release of a liquid or gas.
A bitcoin faucet is a reward system, in the form of a website or app, that dispenses rewards in the form of a Satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies.
The first bitcoin faucet was called The Bitcoin Faucet and was developed by Gavin Andresen in 2010. It originally gave out 5 bitcoins per person.
To be honest I must still research Bitcoin faucets to find the best one (and make sure I dodge the scams).
My Choice: #XLM Faucet
Why XLM: I see it as one of the top payment solutions in Crypto. It has also stayed in a steady rating over 2018 with the CCID, (in this article)
My trial entry: $10 (for this article)
Why are you Scared? The Great Unknown! or Not!
My mission: To show you the factual Passive Income I am going to earn over 1 month and then we will assess it quarterly. I will add screenshots of the wallet as we go at the bottom of the article.
Set up is easy:
1)Download XLM Faucet V1/XLM App from Play Store / NYAN Dev (XHGGITH) my referral code
2)Download XLM wallet, I chose Block EQ from Play Store
3)Buy some XLM on Kucoin (Hfw75w) my referral code to join.
I bought XLM on 22/01/19 at $0.10,
The Ethereum value was 0.000876 ETH (increment value of 1 ETH)
I got 100XLM for $10.
4)Transfer XLM from Kucoin to Block EQ wallet
5)Open your XLM Faucet App, copy & paste your BlockEQ wallet receiving address & sign up.
Done in 20 minutes
Free XLM forever! Awesome!
It was my aim to increase my overall holding on XLM for 2019 as it is on my list of First Tier Platform Investments which you can find an article on here.
I will be trading it, using it and saving it in my faucet account for its passive income Technology capabilities.
Join the Telegram group once you are set up to stay on top of their developments.
All the best and go and try this, you have only $10 to lose?
I use Referral Links for Cost Saving & Safety purposes to you. Any Passive Income earned from Links has 0% effect on your earnings thereafter.
Important Links to know about me:
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