From BTC faucet towards 1 BTC in one year! Update 1

Around a week ago I start with the challenge to see if it is possible to earn 1 mighty BTC from a BTC faucet website. You can read the original article here:
https://read.cash/@TheCryptoGambler/from-btc-faucet-towards-1-btc-in-one-year-0077d086

The BTC faucet chosen to complete this challenge is freebitco.in.

So, now after a little more than a week it is time to write an update and see if I am still on track.

Progress

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The blue line is the one I do need to follow, while the green line is my actual progress. As you can see the start was great, but then I did ran out of luck and lost around 55% of my holdings. I can blame only myself for this. To succeed I do need to gamble a little bit but I just didn't stop according to the plan. I did loose my discipline. But luckily I noticed this in time and didn't go bankrupt, which would have set me back a lot.
After that the only way was up, but I do know that a new losing day will be around the corned. This is part of the game. You need to acknowledge that and just take the loss and move forward again.

According to the plan I should have 11704 Sats this morning but with 13750 at the moment I do have a small advantage, which is needed of course. I should end the month with a little bit more than 16500 sats, which shouldn't be a problem, I even don't need to gamble to reach that mark.

Where did my increase came from?

Let's start with the hourly rolls.

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Since last update I did roll an extra 230 times, good for a profit of 7308 sats, that's 31 sats per roll.

But to bad I also has a losing post!

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Not nice indeed. But things do happen; it is just how you deal with it.

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But also the Premium rolls do add something. I did had 126 premium rolls which was good for 2011 sats and 2641 reward points. I do need 15K more reward points before I can swap them into 100K sats, which really would be a push in the back.

Sharing my referral commission

While becoming a player a freebitco.in doesn't cost the player anything when he/she does use a referral link, I do share my commission with my active referrals. At the moment this is set at 10%, but I am willing to increase this up to 30%. Each time, 5 new referrals do sign up, I do increase it with 5%.

At the moment I do only have 12 referrals, so 3 more are needed.

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I do know that this isn't a lot but it does add up.
An extra sats is an extra sat.

Next weeks

There isn't a real need to increase my holdings with gambling to stay on track the upcoming weeks, so I won't do that too much. I don't expect any problems until half way of February when things will get more interesting.

But I do want to get to 30K sats as soon as possible with minimal risk, when I do have 30K sats I also will start earning some daily interest, while not a lot in the beginning it does is a free push in the back.

Feel free to join me in my quest to earn one mighty BTC at:

https://freebitco.in/?r=41852558

Cheers,
Peter



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10 comments
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Well done mate. The interest is still low there, on the freelitecoin faucet the interest is 10%

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I know, but I do have to start somewhere. Being a premium members does make things easier.

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Very cool! Good luck with all of that. I hope you can eventually reach your goal. Even if you only get halfway there, you are still going to be doing pretty well!

Posted Using LeoFinance Beta

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Hey I am even happy if I do reach only 25%. That still 0.25 BTC created out of thin air.
!BEER

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I did quite well over the last few years using only faucets and referrals. That's how I started my whole crypto journey, hence the name 😄
Good luck

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Not a lot of referrals here, can't complain about the referrals on Betfury. But I did gamble most of it away there.
Not sure if this challenge is possible but besides time I have nothing too lose. okay a little bit of pride could be lost also.
!BEER
!LUV

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I loved BetFury but I stoped using it because they don’t allow users from Portugal and I don’t want to risk getting banned because of using a VPN so I just withdrew everything. It is possible! Just a question of how long it will take lol

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Indeed Portugal is banned there. Will have to remind myself when we are in Lissabon.

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