Is it too late to use Crypto Faucets? Week 25 analysis - Getting deeper in the numbers
This is my 25th week ending 4/21/2018 of data analysis for my crypto faucet experiment, can you still make money and how much from manually running faucets?
I started this because of typical fear of missing out,(if only I had started this, 6-12-18 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: $33.47 (Up $4.46 from Week 24)--- Over 10,333+ claims $25.97 90.84% of earnings are from my actions, 9.16% are from referral claims.
Week 25 - Over 393+ claims for a total of $1.53 86.26% of earnings are from my actions, 13.74% - $0.21 are from referral claims.
Week 25 Breakdown
Personal Actions | Value | Referrals | Value |
---|---|---|---|
Faucet claims: | $1.32 | Referrals claims: 82+ | $0.21 |
Daily Bonus: 7 | $0.07 | ||
Offers Completed: 13 | $0.12 | ||
CoinPot Mining | $0 | ||
CoinPot Tokens | $.07 |
Claims Claims and more Claims
Slight dip in claims, its hard to hit that many claims manually each day, especially after losing so bad at Hi/Lo this week.
Here is a quick breakdown by coins and value for the week
Coin | Amt Claimed | Value |
---|---|---|
BTC | .00010977 | $0.98 |
BCH | .0006901 | $0.08 |
Dash | .00020697 | $0.09 |
Doge | 0 | $0.00 (Lost all) |
LTC | .00056414 | $0.08 |
CoinPot | 667 | $.07 * |
*Price Calculated on Conversion to BTC
There are 10 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.
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. This was the last week of the offer, and I only got in 13 slideshows before they are gone. I am still checking for more in the future.
Lifetime Claim Data *(slight variance to total holdings due to missing claims in coinpot data)
Currency | Faucet Claims | Total Currency |
---|---|---|
BTC | Bonus Bitcoin Faucet Claim | .00076828 |
BTC | Bonus Bitcoin Daily Bonus | .00010709 |
BTC | FreeBitco.in Faucet. | .00055802 |
BTC | FreeBitco.in Hi/Lo | (.00083716) *see below |
BTC | BitFun Faucet | .00041464 |
BTC | MoonBitCoin Faucet | .00023960 |
BTC | Satoshi Hero | .00011344 |
LTC | MoonLitecoin Faucet | .02000759 |
Dash | Moon Dash | .00398683 |
Doge | Moon Dogecoin | 735.61 |
Doge | FreeDoge.co.in | 78.53 |
Doge | FreeDoge.co.in Hi/Lo | (98.53) |
BCH | Moon BCH | .00100455 |
Offers | ||
BTC | MoonBitCoin | .00023960 |
BTC | Bonus Bitcoin | .00000080 |
BTC | BitFun | .00001190 |
Referrals | ||
BTC | FreeBitco.in Referral | .00008970 |
BTC | BitFun | .00009531 |
BTC | BonusBitcoin | .00000225 |
BTC | Moon Bitcoin | .00012984 |
BTC | Satoshi Hero | .00001095 |
Mining | ||
BCH | CoinPot Mining | .00002656 |
LTC | CoinPot Mining | .00005574 |
DASH | CoinPot Mning | .00019045 |
Other | ||
CoinPot Tokes | CPT | 2937 |
* Loses include HI/LO and bonuses.
Losses with Hi/LO - What happened
Freebit.co.in
You would think I would learn after busting out on Freebit.co.in. I quickly built on my 3k balance from last week, used some reward points to get 1000% claim bonus and really worked it hard to increase my balance. By Thursday I was back to 13K satoshi and going great. I was playing more aggressive and have success and got too bold. Another bit run of 12-15 in a row and I just escalated my bets till I have nothing left... At this point I have lost over 60k Satoshi in Hi/Lo about $5. I would be much better of just taking from the faucet.
FreeDoge.co.in
Yup - went on tilt over on freebit.co.in and blasted it all away here too. A bad run (16 Hi in a row), and a bad strategy... Oh well. I will be more conservative moving forward.
How do you do it?
Got any tips to avoid going broke?
Referrals
Let me know if you join one of the faucets using my links, I am still running behind but if you let me know I will try make sure to either send you some Doge and push back commissions on FreeDoge.co.in or FreeBitco.in, the only two that let me.
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. In the future I want to run this vs all time high prices to see what it could be worth if you HODL.
Upcoming
Give me feedback below, if you actually read this.
Coins mentioned in post: