How to earn Bitcoin without investing : Earn Free Bitcoin in 2022
How to earn Bitcoin without investing : Earn Free Bitcoin in 2022



Bitcoin is now talked about everywhere and more and more ordinary people are approaching cryptocurrencies, hoping to be able to earn some money or even get rich without the slightest effort. Obviously the reality is very different: Bitcoins have become difficult to obtain and buy, given the high computing power required to create new currency from nothing and the retail price of a single coin (at the time of writing well above 30,000 euros for a single Bitv).

Despite everything it is still possible to earn Bitcoin without investing a single penny, using one of the methods visible in the following chapters of the guide. Obviously, let's not expect big gains or huge amounts of Bitcoin: in most cases we will only have a very small fraction of Bitcoin to keep (in the order of one millionth of a Bitcoin).

You can earn Bitcoin

As mentioned a little while ago it is possible to earn Bitcoin, although as time goes by it will be increasingly difficult to "extract something" that has a certain value: the Bitcoin train has now left and it is difficult to get on it now that the prices of the single currency are skyrocketing.


This should not discourage us: with a little patience and with the right methods, it is possible to earn Bitcoin without investing a single euro and, for those who do not have time to waste, can consider buying the cryptocurrency directly, as is done on IQ Option .


How to earn Bitcoin without investing

To immediately start earning a few fractions of Bitcoin without making any kind of investment, in the following chapters you can find all the still valid methods to earn Bitcoin for free.


Sell services and goods

One of the most effective methods to get Bitcoins involves selling a service or good, choosing Bitcoin as the currency of exchange. By selling objects, dedicated services, information services but also common goods (such as clothing, shoes, objects but also expensive goods such as houses, cars and boats) you can quickly get Bitcoins to put in your virtual wallet.


To carry out this kind of transaction it is necessary to rely on sites experienced in the sale and exchange of goods and services such as Bitify or Purse, which offer a section dedicated to the sale of goods and services with payment system in Bitcoin. Obviously the amount of Bitcoin we will be able to raise with this method is directly proportional to the value of Bitcoin at the time of the transaction: in most cases we will only be able to raise some infinitesimal fraction, without getting a great gain in the long run.

Mining

The most "ancient" method to earn Bitcoin without investing involves setting up a mining PC, i.e. a computer equipped with state-of-the-art hardware to mine new cryptocurrency. This process has become very difficult to implement nowadays, since the computing power required is very high: it is no longer sufficient to have a good video card to be able to mine effectively, considering that it is difficult to return the indirect costs of mining (such as electricity consumption, having to leave the PC on 24 hours a day).


The gain obtainable with the home mining alone is really very small (tending to zero as time passes), to the point of making it currently the least convenient method of all those presented in the guide.


Mining pool

To increase the probability of mining Bitcoin you can make a cooperative mining or mining pool, using a centralized server to coordinate mining operations between two or more people. By working together in mining, it is possible to increase the computing power to mine blocks for the blockchain, so you can increase the odds of getting much larger fractions of Bitcoin than by single mining.


Increasing the number of people participating in the mining pool also dramatically increases the gain in terms of Bitcoin, but obviously the gain obtained will have to be divided among all participants. Obviously we can also participate in mining pools already active without having to create a new one, lending our resources to increase the power of well established pools.


This method is effective only if we have a good number of "miners" to add to the server and only if each participant has a video card very effective in mining.


Bitcoin Faucet

One of the easiest methods to earn Bitcoin without investing involves the withdrawal of Bitcoin through faucets, which are real "virtual taps" that release small amounts of cryptocurrency to anyone who opens the site. In return the faucet sites present a very high amount of advertisements and pop-ups, which we will have to open and view in order to withdraw our "drop", that is the infinitesimal fraction of Bitcoin given by these sites.


Faucet sites often have an anti-bot system, flanked by one or more CAPTCHAs, to avoid automated scripts, thus avoiding accumulating cryptocurrency without displaying advertisements or following the paths or links displayed on the page. When using faucet sites we will have to be very careful, as the displayed ads are not monitored and could very well hide malware, adware or ads that are difficult to remove even after closing the browser.


This method is not recommended for those who want to get Bitcoins in large quantities (maybe by opening the site several times during the day), as the amount of Bitcoins that "drip" from the faucet is really very small, not to mention the risks related to advertisements.


MMOCG Games

The most fun way to earn Bitcoin without spending a single penny involves starting some blockchain-based games, i.e. games that reward the most skilled players with dedicated cryptocurrency so they can exchange it later into Bitcoin (with risky, but still interesting, exchange rates). Often these games belong to the category of MMORPGs, which are renamed for the occasion in MMOCG (Massively Multiplayer Online Cryptocoin Game).


In these games we'll face other opponents online and, in case of victory, we'll get tokens as a reward: these tokens can be used in the same app to obtain cryptocurrency or sold in exchange for Bitcoin on some dedicated sites. If you don't know where to start to put aside some cryptocurrency, MMOCG games could be the ideal solution, although obviously don't expect huge earnings.

Bitcoin Cashback

Don't have time to waste with the methods seen so far? If we want to get Bitcoin fast right away, the only sensible method involves buying goods and services from sites that offer cashback in Bitcoin. Some sites like StormX allow you to buy products from popular sites like eBay, rewarding users with cryptocurrency-based cashback (including Bitcoin) but only upon reaching a minimum spending threshold.


If we are users who buy a lot online and want to get an interesting cashback they might consider this method, so as to fill their wallet with the virtual currency already in circulation.


Are there apps to earn Bitcoin?

If we want to earn Bitcoin directly from a smartphone or tablet, it is possible to bet on both game apps and apps that reward players who perform certain actions (such as walking or running) with tokens that can be freely exchanged for Bitcoin or other cryptocurrencies. Some of the most interesting apps for earning Bitcoin include:


  • Sweatcoin: this app allows you to convert the steps you take (running or walking) into a dedicated cryptocurrency, to be spent directly in the store to buy gadgets and various items. Available for Android and iPhone.
  • Worldopo: an augmented reality (AR) game in which you can build virtual factories to generate resources and cryptocurrency, expanding your territory or attacking the territories of your enemies. Earnings can be used to buy gadgets or converted to real currency. Available for Android and iPhone/iPad.
  • Alien Run: another game app in which we have to run with an alien through a bumpy course, accumulating fractions of Bitcoin that we can redeem once we reach the minimum withdrawal threshold. Available for Android and iPhone/iPad.
  • StormX: online store where you can buy various products, being rewarded with a special cash back in cryptocurrency (we can choose between Bitcoin, Ethereum, StormX and Litecoin). Available for Android.

By installing these apps on your phone or tablet you can earn Bitcoin while having fun or doing other activities like running or buying through dedicated links.

How much can you earn with bitcoins?

All of the methods described above allow you to earn (at best) thousandths of a bitcoin, which is a very small fraction of the world's most famous cryptocurrency. This means that we can never really get rich with any of the methods described but you can still put aside a certain amount of Bitcoin, to be stored in your virtual wallet waiting for the increase in the value of the currency.


The methods that allow you to earn more Bitcoin are mining pools (especially if the pool you choose is very large) and sites with Bitcoin Cashback.


Beware of scams

When we talk about Bitcoin we must pay particular attention to online scams: there are in fact many sites that promise to get Bitcoin effortlessly or in exchange for something easy to share (such as an email, a user code or a discount code).


In particular we recommend to pay attention to spam emails received in your inbox and to links hidden inside banners or advertising pages, which often hide malware or identity theft.


Bitcoin Faucets tend to be dangerous and should be avoided, while apps and sites that use Bitcoin as an exchange currency can be used with due precautions.


Conclusions

Even though Bitcoin has reached really high values (to the point that it has become a purely speculative tool for rich investors), it is still possible to get some small fraction of Bitcoin without spending a single euro, but exploiting one of the methods seen in the guide to share some of the computing power we have or using Bitcoin as an exchange currency to perform certain activities.


If we don't know which method to choose and we want to avoid scams at all costs we consider the MMOCG games, which combine the intrinsic fun of the game with the possibility of accumulating dedicated cryptocurrency or real Bitcoins, to be withdrawn once you reach the minimum value set by the game for withdrawal.


Are we small investors and wish to earn fast with in Bitcoin? Instead of buying directly the cryptocurrency it is better to trade on it, like any other asset or currency on the market as seen in the dedicated guide.


*67% of retail investor accounts lose money by trading CFDs with this provider. You need to know how CFDs work and if you can afford to lose your money

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