****(This is just my rough outline to help me put my ideas/info. together to write a more in depth paper in future)****
Risk-Free Way I Learned About Crypto & How to Trade/Buy/Sell In the Market
(while also making a little extra cash in the process)
I. No Risk Learning Opportunity & Free Money
A. Risk-Free Way to Learn & Start Out In New Crypto Ecosystem/Economy
- Learning-Curve for newbies through trial & error until figure-out/understand how crypto & the market work
- As a newbie, will most likely make a few mistakes/bad decisions in beginning until able to catch-on & figure out what earnings strategy works best for you
- I made a few mistakes/bad decisions myself in beginning & lost money during learning curve trying to familiarize myself to crypto & its Do’s/Don’ts
====Not checking my wallet address entered to send crypto, I lost a few 100 DOGE sending the transaction to the wrong wallet & forever lost everything I sent
====Traded crypto in down-trend for crypto that was in bull run/ATH & then lost about half when the correction/down-trend happened because of FOMO & ignorance
- Easy/Free Money for Doing Simple Tasks
- Rolling faucet
- Completing Captcha (simply clicking a button)
- Viewing PTC ads
- Viewing web-page ads for 10-60sec.
- Watching 60sec. videos
- Completing other offers/tasks
- Taking surveys
- Downloading Apps.
- Playing Games/Gambling
- Other random promotions/tasks offered
II. Taught Me About Crypto & All the Different Altcoins
A. Learned How to Research Diff. Cryptos Online
- Articles from reputable sites I’ve found the most accurate/useful
- This is the most time consuming way but ultimately the best to educate yourself with
- Read multiple articles on your topic from different sites & then compare the info. from each
- YouTube videos I’ve found the least helpful
- Most were extremely bias or false, & just trying to get you to invest in whatever coin they are trying to make money off of
- Reddit is ok, about half the info. on there if not more is inaccurate/false or people just trying to make money by getting others to invest in their coin
- So use at your own risk w/ caution
B. Taught Me the Diff. Types of Altcoins Available & their Uses
- Such As:
- Centralized v.s. Decentralized crypto
- Meme coins
- Certain coins are made for specific tasks, such as:
====BTC = digital gold standard
====ETH, SOL = platforms to build other crypto projects upon
====BCH, DOGE, XLM = digital dollar
====AMP, AAVE, UNI = assist w/ financial services
====FIL, GRT = file sharing services
====DENT, MANA = other/random crypto projects
C. Helped Me Get Use to Cryptos Extreme Volatility & What to Expect
- Now have better understanding of how market fluctuates making me much less concerned/anxious/nervous during crypto bear markets & keeps me from panicking during corrections
III. Taught Me How to Trade/Exchange Different Cryptos
- Taught me how to hold/invest in certain coins when doing poorly/down
- Taught me NOT to buy coins during bull-market because of FOMO, & instead to trade coins at ATH doing well for others that are doing poorly/down
- Helped me understand which coins are popular & which to stay away from
IV. How Much You’re Able to Make Using Faucets Depends on A Variety of Different Factors
A. Wide Variety of Factors/Strategy Used Determines Your Profits & Differs for Everyone, these Include:
- How active on the site you are
- Which ways you decide to earn crypto
- How you go about trading your crypto
- Sometimes it all comes down to just pure luck
B. I only did the bare minimum on the site (rolling faucet/PTC ads/videos/1 occasional offer wall task) about 1wk. out of every month & made around $40 for the yr.
- People who do surveys & offer wall tasks can earn that in just a week or month though
- I also made a few mistakes/bad decisions along the way while learning through trial-n-error or I would have made more
- Sent crypto to wrong address
- Bad trades
V. Best Strategy for How I was Earning Crypto to Make the Most Profits:
A. Remember this Is Free Money, So Don’t Expect to Become Rich By Using Faucets, Be Practical
- Yes you only earn small amts. of money for each claim you make, but at the end of the yr. your earnings can add up ($50 worth of a certain coin this yr. could have the potential of making 500% profits or more the following yr.)
- So not only do your earning add up, but they can also be multiplied if you made the right decisions/backed the right coin or are just lucky
B. Hold, Don’t Trade
- In beginning it’s extremely tempting to exchange coins because they are all new to you, because I almost always took a loss when I did this (especially in the beginning)
- Let coin accumulate until it enters a bull-market, then exchange it for another that’s bear
- Let coin accumulate until it enters a bull-market, then exchange it for another that’s bear
2. Best to hold coins w/ projects you believe in & see a use for, they will most likely survive the longest & make best profits or be less volatile
C. When Do Trade, Exchange Coin In Bull Market/Doing Well, for One You’re Interested In that’s Doing Poorly
- Trade coins that have projects you aren’t interested in & don’t see a use for, when they are in a bull-market & rocketing
- Trade when coin is UP by 5% or more
====Exchange for a coin in bear-market/correction that’s DOWN by 5% or more that you’re interested in
VI. Legit Faucets I’ve Found & How they Work
1A) Cointiply
- Multiple BTC & Altcoin faucet
- Earn in terms of cash (USD) & then cash out for desired crypto
- Since earn in USD the way I’ve earned the most is by waiting for my desired crypto to enter bear-market, to get the most for your money
==== http://cointiply.com/r/vjXB6
1B) ES-Faucet
- Multiple BTC & Altcoin faucet
- Can claim each coin offered on site once every hr.
- I’ve earned the most by trading coins I didn’t want when bull, for coins I wanted that were bear
==== https://es.btcnewz.com/auth/register?ref=c1ac5c694db0baf9c7b8
1C) PublishOx
- FARM & AMPL faucet
- Earn coins by viewing post/articles on the site OR by creating/posting own article that others tip you for
- I’ve profited the most from this site by creating my own articles about things others are interested in
==== https://www.publish0x.com?a=N1aMMyOaWm
1D) AllCoins
- Multiple BTC & Altcoin faucet
- Can claim 1 coin every 6min. on site
- I’ve earned the most by trading coins I didn’t want when bull, for coins I wanted that were bear
==== https://allcoins.pw/?ref=351380
2A. Xcolander
- Multiple BTC & Altcoin faucet
- Can claim 1 coin every 15min. on site
- Only rolled faucet to earn
==== https://xcolander.com/faucets?ref=59528
2B. BTC Clicks
- BTC only faucet
- View 30sec.-2min. PTC ads to earn BTC
==== https://btcclicks.com/?r=0b768812
2C. Doge-Bits
- DOGE only faucet
- Can roll faucet once every 15min. to earn DOGE
==== https://doge-bitsfree.net/?ref=31979
2D. Free-Litecoin
- LTC only faucet
- Can roll faucet once every hr. to earn LTC
==== https://free-litecoin.com/login?referer=790907
3A. RandomSatoshi
- Multiple BTC & Altcoins faucet
- Collect daily bonus/do other offers to earn “Bits” that you then use to mine the crypto you desire
- Earn in terms of cash (USD) when claim coin, which then cash out for desired crypto
- Earn the most by waiting until coin wanting to withdraw is in bear-market to get the most for your money
- I’ve probably made the least from this site, but then again I only did the once daily claim, may have better luck earning with this site using a diff. strategy than me
==== https://randomsatoshi.win/autofaucet/?r=58275
****(This is just my rough outline to help me put my ideas/info. together to write a more in depth paper in future)****