I've been on firefaucet for some time now.
This faucet together with others was the ideal combination to be able to expand my crypto portfolio, with some small trade between one currency and another from time to time. But now the rules have changed. To avoid the closure or limitation of the service, on firefaucet the minimum limits of withdraws have been increased, with a slight but concrete difference, the price. In fact, the minimum withdrawal is 2 usd, no longer a certain value expressed in crypto. This leads to formulating different analyzes, as the number of coins can fluctuate, sometimes even significantly based on the price trend.
Analyzing the new payment method, it is possible to notice how in a decreasing phase of the market (bear market), where the prices of the coins fall, it is possible to notice an increase in the number of coins we own. On the contrary, in a growing period of the market (bull market), where coin prices rise, it is possible to notice a reduction in the number of coins we own. This phenomenon occurs in a type of algorithmic stablecoin that, based on supply and demand, increases or decreases the circulating currency.
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This payment method is also suitable for the developers themselves, who will no longer have to pay huge amounts just because the current currency explodes. Also, for convenience, in the latest versions of the site support for stablecoin tether (USDT) has been added which only brings advantages. In fact, when everyone could very well think about mining money as quickly as possible, this reasoning fails in consideration of the fact that the balance (in coin) could vary considerably.
From this was born my new investment strategy within this site. Taking the payments factor into consideration, I set out to mine all the coins to get to the minimum withdrawable (which can even reach 7 USD in the case of Bitcoin) and then leave them there, until the price has normalized (in a typical bear market moment, which sooner or later will come). For big players (understood as those who are at high levels, or who have enough referrals to earn with very little effort) my advice is always the same: HOLD until prices touch the minimum. Conversion is not convenient as it takes place between equal amounts. For example if I want to convert 7 USD from BTC to ETH, the conversion will take place in FIAT currency and not in crypto. So from here we can understand how the strategy explained so far can bear fruit. If you are a player who has large amounts of points to convert, or you use to mine, the only advice is to mine USDT as a stablecoin, its value (in coin) will not change as it does other coins.
For small players, who have small amounts of coins to convert, the advice is only one. Use USDT and enter 2x. In this way you will have the opportunity to mine twice as much (up to 0.02880000 USDT per day) at the cost of 2880 coins! Also after accumulating 2 USDT you can make a withdrawal!
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