Have you ever tried to manage your own faucet?

[eLdavis]

I have never tried running my own or even thought about doing it in the first place, I had always thought it would be something difficult to do.

 

[BrolySSJ]

I have never tried running my own or even thought about doing it in the first place, I had always thought it would be something difficult to do.

It is quite difficult to manage because you would have to have a good and reliable website and be on the top of your game when it comes to internet security as well. If you do not know this then you will have to hire someone for this and this can result in trust issue, as most faucet hacks are inside jobs.

 

[Dowenship]

Faucets are most likely the first way that anyone that gets involved in the cryptocurrency world start to earn and whilst it is a micro earning, it is generally the easiest way to earn. Also, through the use of faucets, you can sometimes be introduced to other sites that may be more lucrative to earn yoru crypto and so forth as well.

Faucets make money through advertising and they reward the user that claims from their faucet with a small amount of this reward that they get in order to keep the faucet running and perhaps undergo maintenance as well.

From what I have seen online, this is a very good way to earn crypto if you are willing to put in the initial investment and you are willing to pay as well for this. Which is a great thing. You also need to know how to promote your faucet and therefore there is a lot of effort that goes into it.

Have you ever tried to create or manage your own faucet? If so, what was your experience and the profit margins?

Hmm....I can't laugh... Those that have faucet must be one of the whales or big investors, because they have to ensure their customers get there payment even though some are fake....

 

[BrolySSJ]

Hmm....I can't laugh... Those that have faucet must be one of the whales or big investors, because they have to ensure their customers get there payment even though some are fake....

They don't have to be whales as many of them are just paying their users a portion of what they are getting from them visiting the advertisement so i think that the investment needed to run this site is not that high.

 

[Dowenship]

They don't have to be whales as many of them are just paying their users a portion of what they are getting from them visiting the advertisement so i think that the investment needed to run this site is not that high.

Ooh that's right... you mean the traffic gained from the visitors. But how come this faucet could pay the visitors from the traffic generated... does that mean the traffic is enough to pay the visitors and for them to gain profit?.

 

[BrolySSJ]

Ooh that's right... you mean the traffic gained from the visitors. But how come this faucet could pay the visitors from the traffic generated... does that mean the traffic is enough to pay the visitors and for them to gain profit?.

Yes that is the case. For example, if they are getting paid 0.01 dollars for every impression on an advertisement for someone that visits their faucet, then they will give the person maybe 0.002 usd and that is a fifth of it but they are still profitting by 80%.

 

[Ub40]

I don't have any faucet of my own at the moment but I am planning to set up one somee day. I think owning a faucet is very lucrative as ads will be shown while users try to claim some coins which will generate profits for the site owner. It is just my opinion. Thanks for sharing.

 

[BrolySSJ]

I don't have any faucet of my own at the moment but I am planning to set up one somee day. I think owning a faucet is very lucrative as ads will be shown while users try to claim some coins which will generate profits for the site owner. It is just my opinion. Thanks for sharing.

It can be very lucrative however there is a lot that you also have to take into account like the necessary coding in order to detect ad blockers an to prevent abuse of your faucet system.

 

[HayKay]

No I haven't even dreamt of it basically because it involves a lot of back end work and I don't have the finances to currently set that up at the moment; though it's profitable because you'll have a lot of visitors and ad revenue

 

[Honny143]

I have no experience yet in managing my own cryptocurrency faucet. I am just used to claiming cryptocurrency from faucet sites. I missed my coinpot cryptocurrency faucets. It was very easy to claim cryptocurrency coin every five minutes.

I know coinpot, but don't worry in online there are so many legit faucets still paying their users, it doesn't matter how much we claim in every minute, but through these faucets we makes some coins in our account.

 

[Danny4cash]

I have not tried as I'm serious with cryptocurrency now. However, I know a friend that is into it and he said it's benefiting him. I will approach him to learn about it when I want to focus cryptocurrency. But, for now, I'm not ready for cryptocurrency.

 

[Monster Masterpiece]

I remember that faucet pay offers free script either under the WordPress plugin or not to just install it and everything is good enough. But the administration is hard to understand.

 

[Honny143]

No I haven't even dreamt of it basically because it involves a lot of back end work and I don't have the finances to currently set that up at the moment; though it's profitable because you'll have a lot of visitors and ad revenue

Running a faucet requires money because a faucet owner does not generate money instantly. It takes some time, but starting a faucet and promoting that faucet in different sources first needs to spend money, so starting a faucet is not an easy thing.

 

[Monster Masterpiece]

Running a faucet requires money because a faucet owner does not generate money instantly. It takes some time, but starting a faucet and promoting that faucet in different sources first needs to spend money, so starting a faucet is not an easy thing.

To start any kind of website you need to have ressources of money not only faucet site and you did not know if the faucet site will let you generate income from advertising platforms or not because some advertising platforms have high payout set.

 

[Bigron]

Faucets are most likely the first way that anyone that gets involved in the cryptocurrency world start to earn and whilst it is a micro earning, it is generally the easiest way to earn. Also, through the use of faucets, you can sometimes be introduced to other sites that may be more lucrative to earn yoru crypto and so forth as well.

Faucets make money through advertising and they reward the user that claims from their faucet with a small amount of this reward that they get in order to keep the faucet running and perhaps undergo maintenance as well.

From what I have seen online, this is a very good way to earn crypto if you are willing to put in the initial investment and you are willing to pay as well for this. Which is a great thing. You also need to know how to promote your faucet and therefore there is a lot of effort that goes into it.

Have you ever tried to create or manage your own faucet? If so, what was your experience and the profit margins?

I haven't attempted to own or operate a faucet since many of them are illegitimate and you probably wouldn't be able to extract your funds from the company, so I can't contemplate establishing that kind of thing.