Being scammed by faucets
- Thread starter deucher
- Start date
If you play by their wishes you are right, but I don't do that. I use Faucets that pay me Daily Compound Interest and increase the number of Satoshi I own every day, no matter what the price does. At the first of this year the price was around $16,000 per BTC, but I kept on adding to the number of them I owned for free with the Faucets. Then last month the price was around $30,000 so all those Satoshi I got free when it was lower were worth a lot more, so I sold $300 worth and kept right on earning more every day with what I had left.
That's why we should never get too attached to any website, and have most of our money in our pockets and only a small part of it on these sites if you want to risk it.
That won't work with my plan. The big money is in Daily Compounded Interest and if you don't have a million Satoshi or more on deposit, it's not that exciting. I still don't consider that risk, since I earned it all on their website for free.
Would you please explain what the risk is if you restrict your efforts to using their money instead of your own? If nothing else, I appreciate the opportunity to add to my income by taking part in an activity that fills in the time I have available since I no longer work outside the home.
It is very important to carry out proper analysis on platform because that is how we can abstain from scandalous activities and not get scammed while working on the web.
probably not the faucets owners they are mostly trying to make money from adsense and other websites but the ads providers they also have money aims the ads they do provide contains hidden offers and sometimes hackers links that can do work faucet owners do not do it .
It is better to use different password some times and write it in your note in order not to forget. Using the same password can be dangerous. And I really don't trust faucet sites
Invest their money instead and the scam potential disappears
That's a choice only you can make. It's slow at first, but once you get to 30K Satoshi (only $10) in your working balance on FreeBitco and start compounding interest, it picks up a little.
You are only risking free money and a little time, but you do need confidence that you can do it.
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The only problem is that is the fast way to going broke with no extra income at all.
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But it's too tedious to make money like that, they offer very little and it's really very hard that work, if it's just in my free time it's fine, but I personally can't spend much time in those faucets, I end up getting tired.
I agree but if site have more options for users like staking program, than I don't consider it faucet. Example Dutchycorp. It is faucet but also have staking, levels, membership, exchange service. It is much way from faucet.