Sirwin
Sirwin
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Gathering pace.

By rah | rah | 29 Jan 2021


Just a quick article and a quick success story today so nothing special :) Just wanted to let everybody know that I have now surpassed 200,000 free coins.

Why I am so happy about this is that like a rolling snowball my free crypto faucet is gathering increasing moment and for this I am grateful. Now I face a dilemna

A little while ago I wrote that it might be better to stake these coins at 5% on Cointiply than to move them to BitCoin while the BitCoin prices are soaring. Now the problem is that BitCoin is undergoing a correction so the question is will BitCoin fall further or has it bottomed out for now. Cointiply Coins are of a fixed value and do not purchase a fixed amount of BitCoin.

Maybe I should just dump the $20 in Celsius and forget about it until I retire :)

Incidentally if you are new to me or unfamiliar with Cointiply this is what i have written previously.

Cointiply is one of the best regarded faucets around nowadays.

Their business concept is fairly straightforward. Advertisers and content providers pay a fee to Cointiply to promote their services / products. Cointiply reward members in Coins (not a very inventive name, but it does the job). 10,000 Coins are fixed at $1.00.

The standard low maintenance ways a member can be rewarded is:

  • Rolling the faucet wheel twice a day – a minimum of 12 hours apart. While it is possible to get more, generally a roll will reward 10 or 14 Coins with the occasional bonus of 17 Coins for rolling a prime number. Larger rewards are theoretically possible, but so is winning the lottery. Loyalty bonuses up to the amount rolled on the faucet are awarded based on activity. 100 days of consecutive activity leads to a 100% bonus that remains there unless a day is missed.
  • Watching video adverts, which are repeatable. 12 can be watched a day with each one rewarding 12 Coins.
  • Watching PTC adverts that reward between 5 and 20 Coins per advert (they actually say 5 to 50 but I have never seen one above 20).
  • Once 35,000 Coins have been reached annual rewards of 5% are awarded so long as the number of Coins held remain above that number.

Additional earning methods

  • Chat to earn. A chatroom window opens and after chatting for some time rewards are given as a percentage share.
  • Completion of surveys for marketing companies. These are often quite long and take some time, but rewards can be high.
  • Downloading, installing and opening apps. In some cases there may be additional requirements such as making a purchase or in the case of games reaching a certain level. Rewards can be very high but before doing this consider whether such a purchase is worth the Coins reward it yields.
  • Referral bonuses and occasional other bonuses. Recently a Halloween promotion added 1% to the coins earned in any given day.
  • You can risk your Coins by gambling them in house, but again do this and you lose. The Coins are stacked and the house always wins.

It is slow, especially initially, but as you gather Coins it gains momentum. Personally I do the rolls and watch the videos and click on the PTC adverts. Occassionally if I a bored I chat to earn. It is definitely something to do during downtime and without doing the time consuming surveys I am yielding anywhere between 700 and 1000 Coins a day. I know it doesn’t sound like a lot but it all adds up and when the 5% interest kicks in growth increases.

Coins can be taken as BitCoin or DogeCoin, but it might just be worth hodling on Cointiply as the value is fixed. Wait for a dip and then buy BitCoin while maintaining at least that magical 35,000 Coins in your Cointiply account.

Conclusion

Cointiply is definitely worth the time and effort and the yields are worth it. Complete the activities during downtime (I usually watch the videos while I am watching TV) as ultimately it is free crypto which, so long as you exchange during a dip in prices, is worth much more than the face value of the Coins themselves.

Some might argue that it is a Ponzi scheme, but I would dispute this, because while you can purchase their Coins it isn’t necessary. You can earn without putting any money in. In some ways daily yields can be compared to those achievable on Publish0x for non-bloggers. So if you are just tipping on Publish0x at the moment by joining Cointiply you can effectively double your free crypto daily yield. You must remember that Cointiply Coins are not crypto and their real value comes when you harvest them in BitCoin (personally I wouldn’t recommend the less universally known DogeCoin).

Join Cointiply

All the best, stay safe and stay well.

 

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rah
rah

I love reading and technology as well as history. I teach English and Business to professional clients as well as soft skills with a focus on communications. I am a big fan of both Sheffield Wednesday and Lincoln City Football clubs


rah
rah

Experienced Business Owner and Coach and Tutor who now trades in Crypto. It is proving to be an interesting journey with so much technical language involved. Follow me as I learn the trade (and how to trade). Made some howling mistakes to begin with, but still learning and will share what I learn as I learn it for the benefit of the community. - RAH

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