Are crypto faucets worth investment?
- Thread starter Bango
- Start date
True story, but CryptoWin is still online and other than the withdrawals seems to be working fine. Since I only have free Satoshi in there, I drop by once in a while and move my working balance over to Active Shares just in case it springs back to life some day. I have 8 Active Shares @ 50,000 Satoshi each and 78K Satoshi in working balance now.
The reviews online about the site are horrible now,this site pulled quite a number of people and some actually had to out source the money then they invested and never got their return of investment.That is scaming.If you where paid then you must be one of the few.
I still ended up with 1.6 Million Satoshi vainshing into thin air and at least half a dozed 50K Satoshi withdrawals ending in errors and the funds vanishing. The money I was able to withdraw was before all this stuff hit the fan.
I currently prefer to invest in my decentralized wallets which also offer annual returns, not as high as those of faucets, but from my point of view, safer than faucets .
You could consider them as an extra resource of money however if you need to fund faucet pay there is a deposit address so no need for faucets you may receive crypto payment on faucet pay and pay to the merchant site.
I would say the majority of those reviews you see are people posting to earn another penny that have never even used the website themselves. It's true that they are not on my list of sites I would put out-of-my-pocket money in, but a free Satoshi playground that is still worth the few seconds to update my holdings there.
You could see some of ad networks but not all of them banning faucets because in their terms of services it is allowed to be a faucet and then reduce CPM and CPC price for that particular faucet not like regular site that is not a faucet.
I never invested on faucet sites but i have read about investing on faucet sites, and i think its profitable and good way of earning money but the problem is that in order to get good profit from the investment you have to have many users in that way you can run advertisement on the faucet sites, and also the other problem of faucet sites are hackers, they lose their money faster.
You need referral market means buy and sell the referrals on the platform and therefore and also you need to know how are referrals that could bring good chunk of money like adbtc ref market or coinpayu one and not just be based on claim faucet only.
Yeah in order to earn good amount of money from those faucet websites we need to have a lots of referrals that register to the link using our referral links, so in to that way we get small amount of their earnings calculated and added to our account.
Very simple Truth. Does with lots of active referrals are actually making more money a lot faster than does who do not have referrals. So having active referrals does help a lot to increase earnings.
You could refer people even from the paid to post websites on placing the referral link on signature or the paid to join websites. Means the solutions still existing.
True but these days most persons are reluctant to join faucet sites simply cause of how much it pays. I have referred some persons in the past before, though not all from paid to post sites. All of them abandoned their account.
I remember when i join the online free crypto earning world i didn't have that much knowledge and i spent all my time trying to earn from those platforms like faucets without having any referrals and it was very hard for me to get good money.