Is it too late to use Crypto Faucets? Week 23 analysis - Getting deeper in the numbers

in #cryptocurrency6 years ago

Can you still make money claiming from crytpo faucets? Week 23 ending 4/7/2018 of data analysis for my crypto faucet experiment.

I started this because of typical fear of missing out,(if only I had started this, 6 months ago, a year ago it could be worth X). This is not your typical faucet post with "check out this faucet" (affiliate link). While these are my affiliate links, you will also see my transparency in reporting.

TL/DR: Lifetime Value: $24.14 (Up $2.99 from Week 22)--- Over 10,333+ claims $22.18 91.86% of earnings are from my actions, 8.14% are from referral claims.

Week 23 - Over 636+ claims for a total of $3.86 93.46% of earnings are from my actions, 6.54% - $0.25 are from referral claims.

Pie 23.JPG

Week 23 Breakdown

Personal ActionsValueReferralsValue
Faucet claims:$3.61Referrals claims: 117$0.22
Daily Bonus: 7$0.08
Offers Completed: 54$0.37
CoinPot Mining$0

Claims Claims and more Claims

Big week in claims for me, mainly in BonusBitCoin, FreeBTC, FreeDoge and SatoshiHero.Picking up new facuet and winning some of my Doge back that I had lost last week. Hi/Lo was good this week, played my way up q bit and regained some of my losses finally. I ended up 40-50 Doge by the end of the week.

Weekly 23.JPG

Here is a quick breakdown by coins and value for the week

CoinAmt ClaimedValue
BTC.00022047$1.52
BCH.00011352$0.07
Dash.00036778$0.11
Doge39.39$0.11
LTC.00060761$0.11
CoinPot456$.10 *

*Price Calcuated on Conversion to BTC

There are 10 (yes I added one!) faucets I am using for this experiment, I think I will only plan on adding more if CoinPot does. Honestly at this point it is hard to keep up with them all to maximize returns. I added FreeDoge.co.in because... well why not, its Doge, its easy and fun. Plus I don't care if I go bust gambling( Already lost 100 twice) it or giving away the Doge on here.

MoonBitCoin
MoonDash
MoonLiteCoin
MoonDogeCoin
Moonbitcoin.cash
Bonus Bit Coin
BitFun
Freebitco.in
Satoshihero
PrimeDice
FreeDogeCo.in

MoonbitCoin Offers - Offer Toro

Offer Toro was running a great offer. If you clicked through the slide shows you could earn 100 satoshi. It said you complete it once per hour, but when I tried doing them mutliple times in a day it was sparodic, and I would only get half to give me credit even though they all let me complete the slide show. I moved to doing each only once per day, which was fine there between 15 - 20 when I would sit down to process. I will keep it going daily until they dissapear, its just too easy to drink a cup of tea and run through them in the monring.

Lifetime Claim Data *(slight variance to total holdings due to missing claims in coinpot data)

CurrencyFaucet ClaimsTotal Currency
BTCBonus Bitcoin Faucet Claim.00068682
BTCBonus Bitcoin Daily Bonus.00009419
BTCFreeBitco.in Faucet..00046588
BTCFreeBitco.in Hi/Lo(.00018680) *see below
BTCBitFun Faucet.00039207
BTCMoonBitCoin Faucet.00051626
BTCSatoshi Hero.00011051
LTCMoonLitecoin Faucet.01880706
DashMoon Dash.00364277
DogeMoon Dogecoin698.97
DogeFreeDoge.co.in52.76
BCHMoon BCH.00086038
Offers
BTCMoonBitCoin.00014460
BTCBonus Bitcoin.00000080
BTCBitFun.00001190
DogeFreeDoge.co.in(16.68832905)
Referrals
BTCFreeBitco.in Referral.00007140
BTCBitFun.00008466
BTCMoon Bitcoin.00011027
BTCSatoshi Hero.00000472
Mining
BCHCoinPot Mining.00002656
LTCCoinPot Mining.00005574
DASHCoinPot Mning.00019045
Other
CoinPot TokesCPT1656
* Loses include HI/LO and bonuses.

Is it too late? Removing price volatility.

The graph below tries to remove the price volatility from my faucet claims results by using a static prices based on the price of the first day I started to claim from that faucet. I would be better off if I didn't have the big losses on Hi/Lo BTC, but I actually dipped below there for a day or two. At the end I am only up $0.36 on price increases! I had hoped to clear $100 USD in the year but at this rate, I really need some good price support to get there.

PV 23.JPG

Upcoming

Give me feedback below, if you actually read this.

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