Profit Potentials – Is It Actually Worth Your Time?

Profit Potentials – Is It Actually Worth Your Time?

A very fair question, and one you should be asking yourself. Well let me put your mind at ease, and tell you the answer, which in my opinion is a resounding YES! The profit potentials are very good! Otherwise, I wouldn’t be spending MY valuable time…

To illustrate my point, we can make a bit of a thought experiment. Now, of course none of us can know what the future holds, but we can take some facts from today, and try to build a projection upon that. So if I start out with an actual claim I made the other day, and go with that as the basis our thought experiment, it could look something like this:

Profit Potentials The moon Faucet List

As you can see in the bottom left of the picture, I claimed 2307 litoshi + 88% loyalty bonus + 13% mystery Bonus. This came out to a total of 4637 litoshi.

If we imagine I claim that twice a day for a year (probably not that exact amount, but something similar) that would amount to a total of:

4637 x 2 x 365 = 3.381.360 litoshi (or 0,038 LTC)

At the time of writing this, Litecoin is worth around $122. This means that 0,038 LTC converts to a total of around $5.

Nobody in their right mind would consider that particularly profitable, and this is probably one of the main reasons why a lot of people dismiss cryptocurrency faucets as a waste of time. I would argue that these people are being too quick, though. And that they haven’t thought this through. But you and I are going to be smarter than that, right?!?

Let’s Look at The Facts

In 2017, the price of Litecoin went up a whopping 5.800% (according to Wikipedia). I looked for some numbers of my own, and found that according to Coinmarketcap.com the price on December 31st 2016 was at $4,39 and on December 19th 2017 it was at $359,62. According to my calculations that’s more like an 8000% increase in value! (4,39/100 = 0,0439 x 8000 = 351,2)

In any case, I think we can agree that it was a lot!

The Price Correction in early 2018

From that point on the price has dropped quite a bit to the present level of $122. So we are back at a low point. This general picture, is of course is not just the case for Litecoin, but for the entire cryptocurrency market. Now what will happen from here on, only the higher powers can know. So all we can do is speculate.

Most knowledgeable traders and finance experts, who deal with cryptocurrency on a daily basis, believe that this has been a very normal (and very healthy) correction in the price. That the prices had risen to unrealistic levels in a very short time, and that the development was not sustainable.

Is Cryptocurrency Dead? Educate Yourself

I don’t think you have to look at my musings for very long to understand, that I don’t believe that for a second!

I personally believe very strongly that cryptocurrency is here to stay! I have taken the time to read a lot, talk to people who know a lot more than I do, and just generally educate myself a bit on this subject, and I strongly encourage you to do the same thing!

The blockchain technology has such tremendous potential in the fields of security, finances, gaming and numerous other areas, that it is just inconceivable to me, that it will disappear. And fortunately I share this belief with millions of people around the world, community is a big part of this!

It is also a well-known fact, that cryptocurrency and blockchain technology, is already very widely adopted, so it’s not just code and ideas anymore. It is actual real-world projects and businesses. There is, in fact, absolutely no lack of good reasons to believe that it will stick around.

So… I am willing to make the claim, that the value of cryptocurrency will rise again. And it will rise to even higher levels than we have seen before! Maybe not this year, or the next, but in the very foreseeable future.

Ergo the profit potentials are VERY good!

But I digress…

Back on Track

If we go back to our starting point and pick up where we left off, we had claimed the amount of 0,038 LTC over the course of one year. If we imagine that we stick with the lowest of the growth percentages from before: Wikipedias 5.800%, then after one year, that 0,038 LTC would be worth the equivalent of 1,96 LTC, which is around $250. A lot better than the $5 we had at the current rate, but still not a lot for a years worth (do keep in mind, though, that this is free money!)

If this development continues, and the same thing happens next year, the equivalent of 1,96 LTC now becomes the equivalent of 113,7 LTC. All of a sudden we’re looking at $14.665! Not half bad, in my book! (At the same time, you’re making another 0,038 LTC, so we might actually be looking at double that amount: $29.330, but we’ll look away from that, to keep our experiment as simple as possible. Just keep in mind that there’s a very nice compounding effect taking place here).

We’ll assume that the development continues. During the third year the original 0,038 LTC, now rises to a value equivalent of 6597 LTC. That’s $850.907 (at today’s rate… In actuality, it would be a lot higher, but again… I’m trying to keep this as simple as possible).

And let’s not forget, that we’re still claiming from the faucets, so we’re constantly adding more coins to the pool. The compounding effect is very real at this point!

The Last Calculations – $6 million from faucets?

I hope you’re beginning to see, that the profit potentials are pretty great, even though it starts out with very small amounts.

And just to hammer it home completely, let’s not forget that we’ve only talked about one faucet here. The other six faucets on The Moon Faucet List are very similar in the levels of pay out, and thus in the profit.

So the last calculation we’ll do looks like this: $850.900 x 7 = $5.950.000

Almost $6 million for around 8-10 minutes of work per day for three years…! Pretty sweet, no?!?

NOW OF COURSE…! I know, that this is quite an optimistic projection! Do I think that I will actually make $6 million from faucets?!? No, I don’t! But the potential is there…

Even if we say the growth in value occurs at half our assumed tempo, that’s $1million per year. That’ll still do me very nicely from NO investment, and a ridiculously small amount of time.

And if we assume that the growth in value is ten times smaller than our assumed percentage, that’s still $600.000. Again I’ll have to say I’ll be happy to take that for NO investment, and a ridiculously small amount of time…! 😉

But it’s up to you! If you really can’t spend 8 minutes a day, then forget everything you just read! Otherwise, I’d say give it a shot, and make some money!

Whatever you decide, I wish you all the success in the world!

Happy Claiming!

 


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