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Author Topic: Why Newbies should stay away from Faucets  (Read 780 times)
getpot
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November 11, 2017, 05:36:24 AM
 #41

A lot is being said in this thread and I disagree with much of it.

Allow to me to say that faucets are the best way for somebody who has absolutely no interest in investing fiat currency into crypto-currencies to get familiar with the latter.

I use different faucets and do a daily claim on each of them to accumulate BTC and LTC. My goal is to re-invest the money earned from faucets into profitable websites such as Genesis Mining and perhaps use some of the faucet earnings to participate in ICOs. Faucets are a waste of time if you try to earn a living from them which is impossible without a million referrals and all the generated commissions.

I am actually currently writing a guide for complete beginners who wish to dive into the growing world of crypto without investing their own money but by using a little bit of their time. Once my guide is complete I will publish it online and include my referral links for anyone who wishes to show their support.

So I say to all newbies, try the faucets and get a feel for what it is. Withdrawing the faucet money to your desktop wallet is a good feel and might even make you addicted  Grin.
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ionation
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November 12, 2017, 11:38:20 AM
 #42

I think it's all about the process, many newbies have no capital to be invested. Then how can they start earn from very zero point. If they decide to not earn from faucets anymore, then great, means they grow up. It's just personal opinion.
strugmo
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November 12, 2017, 01:03:15 PM
 #43

In this entire thread I have not seen one reason why newbies should stay away from faucets.

I have heard people make the claim that it is a waste of time.
That a person can't make enough for it to be effective.
That a person is somehow getting tricked or ripped off.

I call bullshit.

I believe that newbies can use faucets to get an understanding of coins and how the system works, but it's more than that.  Not all countries have a great standard of living. $1.00 has a lot more buying power in New Delhi than it has in New York.  So faucets help to provide a broad and level playing field for new users, whether they are investors with pockets full of fiat money or they are dead broke and need a side hustle.

The fact that a person with no Bitcoin can start today with no investment is, in today's world, a bit of a miracle.  I myself have NEVER purchased any coin with fiat currency.  Everything I have, which is considerable and spread across a wide variety of coins and wallets and sites, I earned or generated online.  That began with faucets and other small sites. 

You think that your ICOs and big investments and such ARE Bitcoin, but I say the lowly faucet represents everything that Bitcoin is about.  Anyone can use a faucet and earn satoshi. There is a fair exchange of value (time and effort for satoshi).  The more effort you put in, the more you make.  Historically, value on held coins goes up over time, so each faucet claim isn't just x satoshi, it's a future value investment.

I think you guys are just too hard on faucets.  It's easy for people who already have money to sit around and talk shit while they scrape dog crap out of their Bruno Maglis, but for people with nothing, Bitcoin, and the initial amounts earned from faucet sites, is nothing short of a game changer.


sumair7230
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November 12, 2017, 07:49:34 PM
 #44

maybe it can be a waste of time try playing faucet games i thinkk they pay enough

http://www.coinsteacher.com/2017/11/top-8-free-bitcoin-earning-games.html

http://Coinsteacher.com a simple blog for simple readers .
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November 12, 2017, 11:26:26 PM
 #45

Well said strugmo. Smiley

CryptoNinja11
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November 13, 2017, 06:25:37 AM
 #46

If you use a site like http://CryptoNinja.co you can actually claim from a lot of faicets in one day.

speedup-faucet.com
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November 13, 2017, 07:33:31 AM
 #47

If you use a site like http://CryptoNinja.co you can actually claim from a lot of faicets in one day.
8 faucets means a lot?

http://speedup-faucet.com/faucet - Bitcoin Faucet    ====  http://speedup-faucet.com/doge - Dogecoin Faucet
http://speedup-faucet.com/lite      - Litecoin Faucet  ====  https://www.earnmybitcoin.co    - Bitcoin Faucet
Mevz
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November 13, 2017, 10:44:34 AM
 #48

Im glad to read this information about faucets. Poor people who don't know about this, they are working hard for the others own interest. Faucets should not be allowed.

Adam556
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November 13, 2017, 01:12:53 PM
 #49

Looking at some of the faucet earnings posted here... I can only suggest you're using the wrong strategy.

It is possible to earn a few dollars a week from faucets - I've done it and then seen that bitcoin go up in value quite dramatically. Also, you need to consider referrals as well which can greatly increase your earnings potential.

It's fair that faucets only pay tiny amounts but why should they be banned as one poster suggested? A) It's completely optional as to whether you visit them or not and B) It's free money!

You can watch TV and earn while learning about cryptocurrency for no outlay or risk whatsoever. I don't see any problem with this.

FREECOYN.COM - Top-paying faucet list and guide to earning free bitcoin.
>> Moon Bitcoin - still the best free bitcoin faucet + browser mining <<
>> Moon DASH - new DASH faucet launched <<
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November 13, 2017, 03:39:35 PM
 #50

Looking at some of the faucet earnings posted here... I can only suggest your using the wrong strategy.

It is possible to earn a few dollars a week from faucets - I've done it and then seen that bitcoin go up in value quite dramatically. Also, you need to consider referrals as well which can greatly increase your earnings potential.

It's fair that faucets only pay tiny amounts but why should they be banned as one poster suggested? A) It's completely optional as to whether you visit them or not and B) It's free money!

You can watch TV and earn while learning about cryptocurrency for no outlay or risk whatsoever. I don't see any problem with this.

Totally agree. Faucets are not worthless. Specially when there is no other job you can do.

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