How Bitcoin Faucets Have Supplemented My Income

I know, I know. If you know anything about bitcoin, you probably know how faucets only pay a tiny fraction of a cent for each claim and that the faucets themselves make a lot more just from the ad revenue alone -- that's why they're covered in ads (annoying ones, too!). In fact, that was an incentive for me to build my own bitcoin faucet, but that didn't stop me from claiming from other faucets. On the contrary, I make a few bucks a week on autopilot now, and with the price of cryptocurrencies (especially bitcoin) constantly increasing, I don't use it as beer money anymore, I hodl.

If you're new to bitcoin faucets, the concept is simple: you visit a website and get paid for your visit in bitcoin. You need a bitcoin wallet, and the fee you are paid is very small of course, but the point is that you are getting paid just for visiting. So how do you make real money with it? Some people will say you don't, but that is probably because they don't know how the referral systems work.

Referral systems basically make it easy to make money on autopilot. These faucets will give you a referral link, which is essentially an affiliate link (if you are familiar with affiliate marketing). This means anyone who clicks on your link and signs up will earn you digital money in the form of bitcoin or whatever coin you are getting from the faucet. If it's a bitcoin faucet, you are likely to get less that other faucets from referrals due to the high demand because faucet owners don't really want to give away their bitcoin right now.

A lot of people overlook referral systems. They think it's too much work to try to get people to click and sign up. But that's just because they are doing it wrong. The key is to figure out where people go on the internet to learn more about how to make money from bitcoin and target those people with your link. Of course, you can end up being seen as a spammer, but honestly, in the world of bitcoin, it's such a feeding frenzy right now because bitcoin is in such high demand, that all you really need to do is create a new throw-away account on whatever site you are on and use that to share your link. Just remember that the more you share, the more you are likely to earn. This is how I got myself to a place where I'm getting about 0.001 bitcoin per week on autopilot, and that's currently worth about $15.

I know, I know, $15 is nothing, right? Well, it can pay for coffee or beer, that is #1. But it also will increase in value over time since the price of bitcoin is predicted to go up to about $20,000 by the end of the year, and about $40,000 by the spring of 2018. And with more referrals coming in all the time? I'm thinking that $15 per week could turn into more like $100 per week. ON AUTOPILOT.