Why You Should Use This Logic Earning Cryptocurrency From Crypto Faucets

By XTRM™ | Beta Testing Lab | 24 Jul 2022


Yes the title of this article is a little bit long winded, however, there is some fantastic knowledge to be gained from the psychology in what is being put forward in the title and statement; 'Why You Should Use This Logic Earning Cryptocurrency From Crypto Faucets' - Also... How is that for a little word salad of an intro?

Firstly I am not going to promote any particular Crypto Faucet in this article, there are very few that I find to be reputable that are under 12-months old... I tend to let these faucets grow, there are many great new projects on the Internet... a Cryptocurrency Faucet that gets beyond that first year might just succeed - but hey every business needs to start somewhere, this is mainly through personal choice and many years of experience. This being said... always do your research before just jumping in at ANY Crypto Service or facility - yes there are some huge long term Earning Faucets, clearly searchable under the search term: 'Oldest Running Crypto Faucets'.

Onto the logic side of using said Crypto Faucets...

A question: You earn interest on your fiat savings in your personal bank account, and you may also be earning some good healthy interest on your personal cryptocurrency HODL at wherever... Interest is always handy yes?

Now of course you have just replied "yes" regardless of whether you hold a bank account in the fiat world or you earn a little through cryptocurrency... In that respect, yourself and I are about to perform some Technical Psychological Science, and merge the fiat world with the crypto universe.

I hear your questions: "What on Earth are you typing about XTRM?" - "What the heck have fiat bank accounts, the crypto universe, and interest, got to do with Cryptocurrency Faucets?"

*Disclaimer: Now you will understand my logic in using longer established faucets.

I personally treat faucets as an extra small percentage on the interest I am accruing on my current cryptocurrency, and fiat savings, of which are obviously savings that are to be conducted over the long term. With that in mind, I am in no particular rush to be spending what I am saving, also the reason I am saving is to earn that 'interest' or I would not be saving crypto, or cash for that matter... I hope you are still with me... lol...

So does that mean I should be in a rush to cash out at a Cryptocurrency Faucet? Absolutely not... I am going to treat this cryptocurrency as extra interest that I am earning on the tokens and coins I am already saving. At some point that crypto from the crypto faucets will be withdrawn to the crypto wallets I earn interest at - this again is a reason that I choose to use the older businesses, but if you do use a new or in the early years of development crypto faucet, it is advised to cash out regular until trust is established, and a good community and project is built... I have been there a long time ago now, but yes by all means give the younger faucets a go, I am not saying you should not. 

To sum up... if you treat your membership at a crypto faucet as you would with your bank or crypto wallet, and just expect any earnings made during your spare time tapping a few shortlinks or doing surveys, and maybe as with some faucets accumulating just small amounts of dust from certain tokens such as ZEN or BTC; think long term interest...

Why am I sharing this knowledge with you?

In a sense you may have stumbled upon this article through a search for information about cryptocurrency faucets, as you are new to the crypto world and it projects. Crypto faucets are great for earning a little bit of extra income, and it is by virtue of small amounts of earnable crypto at said faucets, for time involved.

Do not be disheartened however, it is possible to earn larger amounts of crypto at these faucets - but you MUST have patience and remember that until you have built an established account with regular and more importantly active affiliates - which takes several months to over a year in many cases - a cryptocurrency faucet can never replace your regular paying job, or become extra 'passive income' (passive income is income you make in you sleep, not physically earning). A lot of people new to crypto make the mistake of expecting a crypto faucet to explode their personal wealth. This is extremely rare and is usually associated with established affiliate projects... a very secretive world of affiliate projects, of which tend to cost you a little bit of your wealth to become involved within... I mean these are affiliate projects we are discussing here, and I did not even mention them in this article did I? Shhh... *cringe*

Treat your faucet memberships as long term extra cryptocurrency interest that you want to save rather than spend... let the cryptocurrency mount up over time before withdrawal... With this psychology you will not be disappointed.

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XTRM™
XTRM™

Cryptocurrency Investigator - XTRM™ PR - Taking a laid back look at Crypto while sneaking up on the Cryptocurrency Bad Guys. All investigatory reviews are my own findings during testing - Dig a little deeper! If Carlsberg made Crypto Blogs!


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