Is it too late to use Crypto Faucets? Week 19 analysis - Getting deeper in the numbers

in cryptocurrency •  7 years ago  (edited)

Can you still make money claiming from crytpo faucets? Week 19 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: $23.69 (Down $4.03 from Week 18)--- Over 7,400+ claims $22.57. 95% of earnings are from my actions, 5% are from referral claims.

Week 19 - Over 288+ claims for a total of $1.98 92.5% of earnings 8% ($0.15) are from referral claims.

Pie 19.JPG

Week 19 Breakdown

Personal ActionsValueReferralsValue
Faucet claims:$1.83Referrals claims: 54$0.15
Daily Bonus: 7$0.02
Offers Completed: 0$0.00
CoinPot Mining$0

Another Down week for me, I lost drive to claim and I was very focused on work. Interesting week for FreeBTC I will get into in a bit, here is my weekly claim chart, cleary down again.

Claims 19.JPG

I spent more time on steemit and playing hi/lo than doing claims. I have managed to keep my loyalty bonus at 100% for the Moon faucets.

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

CoinAmt ClaimedValue
BTC.00006380$0.56
BCH.00006480$0.06
Dash.00015696$0.08
Doge18.96$0.07
LTC.00042955$0.08

There are 9 faucets I am using for this experiment, I only plan on adding more if CoinPot does. Honestly at this point it is hard to keep up with them all to maximize returns. Plus I start traveling for work, and I doubt airports and plane rides are conductive to reCaptcha.

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

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

CurrencyFaucet ClaimsTotal Currency
BTCBonus Bitcoin Faucet Claim.00053698
BTCBonus Bitcoin Daily Bonus.00007185
BTCFreeBitco.in Faucet..00034010
BTCFreeBitco.in Hi/Lo(.0004151) *see below
BTCBitFun Faucet.00033070
BTCMoonBitCoin Faucet.00038611
LTCMoonLitecoin Faucet.01594646
DashMoon Dash.00281215
DogeMoon Dogecoin579.96
BCHMoon BCH.00055525
Offers
BTCMoonBitCoin.00008680
BTCBonus Bitcoin.00000080
BTCBitFun.00001190
Referrals
BTCFreeBitco.in Referral.00004526
BTCBitFun.00005280
BTCMoon Bitcoin.00006010
Mining
BCHCoinPot Mining.00002656
LTCCoinPot Mining.00005574
DASHCoinPot Mning.00019045

* Loses include refferal commission and bonuses.

FreeBTC - What happened

Failure of Lottery

Fbtc email.JPG

As you can see in the attached screen shot of an email I received, their lottery broke. Just so happened I was pushing hard playing HI and buying tickets to boost my rewards when this happened. So I went from bust a few days ago, to getting just shy of 5k satoshi!. Great start, I think I got a push down from the referral I used to sign up, another bonus. Finally, I decided to see who much I could recover and really focus on driving reward points usage.

  1. Used 1000% claim bonus
  2. used 100 Reward bonus to rebuild reward points ( I will keep doing this to get back to #1 consistently)



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. That dip reset me to almost even, but it has climbed back to profit from the growing coin values. I love those dips to really crank up the faucet claims. They can be almost double on the dips.

PV 19.JPG

Upcoming

Give me feedback below, if you actually read this.

What faucets do you use, what has your experience been?

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BCHBitcoin Cash1079.140$-3.42%-13.84%
BTCBitcoin9343.860$-2.27%-17.85%
DASHDash501.043$-5.13%-16.68%
DOGEDogecoin0.004$-1.81%-20.37%
LTCLitecoin179.686$-3.97%-13.81%

Good information, thank you! there are also some faucets here in Steemit, like @sydesjokes. Receive this vote from @nextvote community!

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