I'm new to the idea of bitcoin trading in general, and I was wondering how people actually get into it? It sounds like a lot of people have some sort of background in economics or finance, or work in trading in their day jobs and use btc trading as a sideline, are there a lot of people like this? Do people learn by losing money and then figuring out where they went wrong and correcting it?

I'm interested to hear people's stories.

So I've been visiting faucets for a while now as well as reading up on the types of investment you can do with/involving bitcoin, and a commonly suggested idea is to run your own faucet - get a cheap domain name, grab a script off of FaucetBOX, and away you go. I'm not going to lie - this type of project does sound interesting to me, as I think learning the various aspects of running a faucet would be a fun sideline - not to mention the idea of making some money. However, in this day and age, where we've got thousands and thousands of the damn things, is it really worth the time and money investment? Is it too much work getting a sufficient amount of traffic to your site, with the countless other competitor sites that already have people visiting them?

Furthermore, as an additional question, what sort of initial investment do you need to actually pay out to people? Hosting fees, domain name rental, FaucetBOX fees etc etc are easy to work out the extent of, but I haven't been able to find out how much money people put aside for funding the faucet itself.