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Topic: How I'm currently growing my faucet earnings. (Read 650 times)

hero member
Activity: 1138
Merit: 523
January 23, 2019, 07:50:38 AM
#24
Still holding MARC and ALTBET positions overall with price developments and ROI sitting at roughly 200%

I gave Cronos a spin and burnt my fingers rather badly going from 1LTC in down to 500k sats  Grin Still green overall but ouch Cheesy

Suggestions on recovery?
hero member
Activity: 1138
Merit: 523
ALTBET and MARC positions currnetly @ 138% of investment  Grin

Suggestions for the next round please.

hero member
Activity: 1138
Merit: 523
Still holding MARC and ALTBET positions.

Looking for suggestions for another good POS/MN project to put another round of referral earnings into, preferably one hosted on CHT.
hero member
Activity: 1138
Merit: 523
ABET down slightly but still worth getting into and I expect prices abck over 16k sats in a day or two so not closing atm.

MARC getting sexier by the minute  Grin

Looking at CTT for my next round of faucet earnings.
hero member
Activity: 1138
Merit: 523
If you use the right exchanges fees are usually 0.01 percent and withdrawal fees under 100 satoshi.
Freebitcoin has a very low compounded interest and is pretty much a waste of time with faucet earnings. You need a couple thousand before their compound interest becomes interesting.

True about the exchange, but now with the coins pretty much depends on the market trends. I have to admit my portfolio of tens of altcoins has become pretty shit after the major bull run so I'm not interested to invest in altcoins with small amounts, not to mention I can't touch them if their prices fall.

And the FBC thingy is indeed low at a measly 4% per annum, but I'm just parking my Bitcoins which are mainly used for gambling Wink

If you'd gotten into FragCash right at the start on one of the first flash dumps with 100k sats you'd either be sitting on a MN now or have closed out at roughly 10X  Grin

There are plenty of nice coins to invest in both for short term gain and longer term HODL.

I bought into MARC to continue the position and am very happy with that so far  Grin
FragCash exitscammed lol

Yes, they exited which is why you turn around positions as quickly as possible on projects where you have even the tiniest amount of doubt or the orderbook looks even remotely thin. I bought a bit of frag @ 600 and dumped a MN @ 1300 not bad for a few days of stupid ROI.

The point I am trying to make with this thread is, if you've spent enough time here in micro earnings you'd have seen it coming a mile off. Their communication matches that of nonpaying faucets etc.

Scamming is just that scamming so microearnings is the perfect place to learn the ropes so to speak as the stakes aren't that high.

Once you feel confident to take it to the next level shared MN services like CHT are the way to go with smaller chunks.


PS my MARC and ALTBET positions are still open as they're looking really good!
member
Activity: 387
Merit: 13
1ndiaSPqmqRUBXK79chY9Merz5AZrSu6y
If you use the right exchanges fees are usually 0.01 percent and withdrawal fees under 100 satoshi.
Freebitcoin has a very low compounded interest and is pretty much a waste of time with faucet earnings. You need a couple thousand before their compound interest becomes interesting.

True about the exchange, but now with the coins pretty much depends on the market trends. I have to admit my portfolio of tens of altcoins has become pretty shit after the major bull run so I'm not interested to invest in altcoins with small amounts, not to mention I can't touch them if their prices fall.

And the FBC thingy is indeed low at a measly 4% per annum, but I'm just parking my Bitcoins which are mainly used for gambling Wink

If you'd gotten into FragCash right at the start on one of the first flash dumps with 100k sats you'd either be sitting on a MN now or have closed out at roughly 10X  Grin

There are plenty of nice coins to invest in both for short term gain and longer term HODL.

I bought into MARC to continue the position and am very happy with that so far  Grin
FragCash exitscammed lol
hero member
Activity: 1138
Merit: 523
My two positions currently remain absolutely unchanged bullish to the tits on both.

However just the other night my time, FRAG joined the glorious ranks of the EXIT SCAMU/ At least DEV missing. Looking back at it, I can see the over hyping matching the overhyping of faucets that exit instead of paying etc  Sad
hero member
Activity: 1138
Merit: 523
Opened a second position a day or so back with 200k sats this second one ALTBET wich is also sitting very pretty.

The MARC position is still ticking along nicely since inception.  Grin
hero member
Activity: 1138
Merit: 523

Thanks for the bump but no thanks that site has all kinds of crap on it  Grin
hero member
Activity: 1138
Merit: 523
Still riding the MARC position on CHT looking really solid so far, price has moved roughly 10% with support + shared MN rewards from CHT @ roughly 15% so this is sitting really nicely right where it is  Grin

hero member
Activity: 1138
Merit: 523
If you use the right exchanges fees are usually 0.01 percent and withdrawal fees under 100 satoshi.
Freebitcoin has a very low compounded interest and is pretty much a waste of time with faucet earnings. You need a couple thousand before their compound interest becomes interesting.

True about the exchange, but now with the coins pretty much depends on the market trends. I have to admit my portfolio of tens of altcoins has become pretty shit after the major bull run so I'm not interested to invest in altcoins with small amounts, not to mention I can't touch them if their prices fall.

And the FBC thingy is indeed low at a measly 4% per annum, but I'm just parking my Bitcoins which are mainly used for gambling Wink

If you'd gotten into FragCash right at the start on one of the first flash dumps with 100k sats you'd either be sitting on a MN now or have closed out at roughly 10X  Grin

There are plenty of nice coins to invest in both for short term gain and longer term HODL.

I bought into MARC to continue the position and am very happy with that so far  Grin
hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
If you use the right exchanges fees are usually 0.01 percent and withdrawal fees under 100 satoshi.
Freebitcoin has a very low compounded interest and is pretty much a waste of time with faucet earnings. You need a couple thousand before their compound interest becomes interesting.

True about the exchange, but now with the coins pretty much depends on the market trends. I have to admit my portfolio of tens of altcoins has become pretty shit after the major bull run so I'm not interested to invest in altcoins with small amounts, not to mention I can't touch them if their prices fall.

And the FBC thingy is indeed low at a measly 4% per annum, but I'm just parking my Bitcoins which are mainly used for gambling Wink
newbie
Activity: 75
Merit: 0
With low earnings from faucet, I'd just dump all BTC into FBC. Let them collect interest daily and withdraw them if necessary.

Because if you invest in other coins, you have to pay the exchange, deposit and withdraw fees, not to mention if they tank.

If you use the right exchanges fees are usually 0.01 percent and withdrawal fees under 100 satoshi.
Freebitcoin has a very low compounded interest and is pretty much a waste of time with faucet earnings. You need a couple thousand before their compound interest becomes interesting.
hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
With low earnings from faucet, I'd just dump all BTC into FBC. Let them collect interest daily and withdraw them if necessary.

Because if you invest in other coins, you have to pay the exchange, deposit and withdraw fees, not to mention if they tank.
newbie
Activity: 75
Merit: 0
Personally doing the same thing.
I take all my faucet earnings and dump it into low market cap coins.
So far im making a-okay profit with it, more than keeping the coins in BTC.
I dont do the fast trading part its too much work for me. I keep everything in the coins I believe in.
As long as there are ways to get some good fat profits I buy.
Currently dumping everything in ELEC and SCC since i believe they are undervalued.
Ill take a try at doing your strategy and see how it works out.

I only claim once a day, and so far its been treating me really good.
Stopped doing faucets that had short urls or annoying captchas and stuck with the good ones.
My favorites are the mooncoin faucets, freebitcoin and freedogecoin.
I use Freefaucet too since i make around 2K sat selling the coins (BRAZIL coin) I get on there on an exchange (southxchange). Review about that on my site with a link: https://www.tokenclaimer.pw/2018/12/freefaucetio-review-scam-or-legit.html
Another fav is mellowads since they give free advertising funds which can be used on a blog with a-ads enabled.
I also signed up with mannabase since they give some free crypto every week that I can sell on southxchange too.
Not bothering with the faucet on that exchange since the earnings are so low.

The trick to good earnings is sticking to faucets that give bigger rewards over a longer period of time so you dont get burned out.
Im keeping an eye on your thread so I can see how your earnings go.


hero member
Activity: 1138
Merit: 523

Closed out the position with a small gain 64k sats, ROI wasn't managing to keep pace with the price drop which I really should have expected given that in 8 days rewards will double spiking the ROI again but at the same time pressuring the price horridly. So I expect a better entry point will be roughly in the middle of the high reward cycle.

Looking at ALTBET and Beacon to get into.

Suggestions?

hero member
Activity: 1138
Merit: 523
December 31, 2018, 11:13:54 AM
#8

I'm holding the YOKE position for another couple of days. ROI is mroe than keeping pace with price changes and it looks like an excellent project that I jsut might hold a stake in long term rather than being my otherwise wholly mercenary self.

HAPPY NEW YEAR TO ALL! And may the faucets pay way more in 2019  Grin Grin Grin
hero member
Activity: 1138
Merit: 523
December 30, 2018, 09:50:40 AM
#7
I decided to stick my earning into Yoke Chat another new project just announced here on Bitcointalk. It looks to be close to the altbet level of quality if not slightly better. They've got product ready and have listed on cryptobridge, MNO and have applied for playstore for their app etc. Furthermore, their discord community looks pretty active for this early stage in the project and best of all their DEVs seem to tackle issues head on rather than just talk about price.

And with an ROi like what they are offering at the moment it's worth a flutter  Grin

Oh, and CHT have them as an instant node so you can get in and out fairly quickly  Grin Grin Grin
hero member
Activity: 1138
Merit: 523
December 29, 2018, 11:38:26 PM
#6

And I am pleased to say that I got out of that with my profit and a bit more on top  Grin

Original 100k sats now sitting pretty @ 523k sats.

I am back to shopping for a new project to stick some funds into.


Suggestions?
hero member
Activity: 1138
Merit: 523
December 29, 2018, 02:43:00 PM
#5
After a bit of consideration, I decided to give CSN a whirl with the whole output from the earlier position.

So I bought into CSN @ just under 20k sats for a total of 22.5 coins. Hosting that on CHT now has it up to 32 CSN with a current market price of 22k sats. Overall currently a net gain of just over 30%. However with how thin the market is on the sell side and the currently insane ROI, I am likely to let this ride for another day or two.

Any suggestions for other projects to look into?

This looks to not have been the brightest decision. I've got the coins on the exchange hopefully within range of the next biggish market buy. This will only net me 50k sats over investment, current market price would net me a loss of 40k sats  Grin
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