Instead of going down the tedious path of mining or clicking as described in methods earlier, you could simply, make a deposit into any of the websites below, chose a plan and lend traders your coins or choose to trade on your own as desired. It’s that simple if you’ve got a few bucks to spare for investment purposes.
Few weeks ago, i and a friend who is a foreign exchange trader had an arguement. I've always been skeptical and most often, pessimistic. That very day he said that after he had made 1btc from many of the free sites as a clicker (beginner), he signed up with bitfinex, lent his money based on a 2 days plan until he got his third bitcoin. But before then, he remembered clicking over a million times on the websites offering free bits. Life isn’t easy my friend, but patience is surely the key in any endeavor i said. As an Engineer in the BTC world, before taking this path to success, in my early days of being broke and bitcoinless, I said to myself ‘if I could work tirelessly for at least 90days, and get my first bitcoin, I’d never be broke again.’ That day did arrive at last, after days of ceaselessly mining and constant clicking with little sleep or no sleep at all, it read 1.57145BTC on my coinbase wallet marking the beginning of more coins to come.
I don’t know about you but the biggest problem in the world of crypto-currency is getting your first bitcoin. Strangely, it’s that easy – but not so many are patient enough to wait for the first coin to arrive before getting discouraged. On getting to 1btc, you could sign up with the site below and lend your coins at will via their investment package. The sites am conversant with are "Btcjam" and "Bitfinix" - BTCjam is a site advertised by coinbase which has been amazing over the years.
BTCJAM
BITFINIX
One of the prominent sites Bitfinix for so many years now has been up and doing but few weeks ago, had an issue with the United States Commodity Futures Trading Commission (CFTC), which led to the company temporarily suspending operations. Well, luckily for my friend and i, bitfinix is back up and running. Hopefully, one can now conclude that the company isn't one of the fake doublers and tripplers out there. The image below is a snapshot of what bitfinix has to say to thousands of her customers on June 2nd regarding the temopary glitch:
One can't say for sure what the problem is. But for those currently invested with them, well, the rest of us who are friends must join them in prayers, hoping that they aren't one of those fake doublers and tripplers in disguise for so long and have now decided to alienate themselves form the public particularly when the market for bitcoin is now so strong and there's nothing to make anybody think of such a catastrophe like shutting down parmanently. Well i personally have got 8BTC with them and have requested a withdrawal of 5BTC which i believe should be in my coinbase wallet befor this post is published. The 3BTC left behind will then be lent out further as usual. In this business, one ought to be careful - because, you never know!
"What could possibly happen? " my friend asked. A million things could happen but i can't promise you that any of them will. Since am not one of the directors at bitfinix, i can't give you any reason for this supposed temporary shutdown and i can't tell fortunes i said. "Give them time" he said - Well if they are fake doublers and tripplers in disguise, give them time and your skin would be where all the other bitcoin hides are, stretched out in the sun drying i replied. My philosophy is thus:
If an investment firm doesn't act right don't invest with them or if you've got shit with them, pull out your funds because, being unable to tell precisely what is wrong, you cannot tell which way they're headed. No diagnosis, no prognosis. No prognosis, No profit.
The following steps explains how to invest by lending out bitcoins using bitfinix
1. Click on "Margin Funding" then "BTC"
2. To offer your bitcoins up for lending, scroll down and click on "Offer Funding" Insert the duration you intend lending out your coin on the section provided for "Period (in days)". Select FRR and not "hidden" for “Flash Return Rate” – this lets bitfinex give you the optimum, market rate interest at any given time – again this changes so massively over time. Insert the amount you intend to offer up as a lender then offer funding.
3. At the end of the 2 days period for example using my system of lending, the bitcoins + profit (bitcoin/satoshi) are credited to you bitfinix wallet. If it's your goal to automatically lend out bitcoins, click on the autorenew tab and insert the number of days you intend renewing your lending plans, select FRR as explained above and activate autorenew. Using my system, 3BTC is automatically lent out every 2 days for the next 30 days.
Its that simple.
