Is it possible to make $50,000 in net profit on crypto offers in three months from scratch? It is possible if you act with a cool head, a clear plan, and a willingness to experiment.
This case study shows a real way from zero to fifty thousand dollars on Google Ads traffic in the gray vertical (crypto, forex, investments). No fairy tales – only numbers, working approaches, facts and conclusions.
The authors are the ConvertX team, which develops an ecosystem for buyers of all levels: Junior, Middle, Senior, C-lvl.
Google Ads is a traffic with potential, but with strict rules. You can’t launch crypto directly, so we immediately laid down workaround strategies.
Problem #1 is working accounts. Newly created ones are banned immediately. Purchased ones – either scam or inadequate price.
Solution: independent pharmacy. We created a dozen Google accounts, warmed them up with white campaigns (for $50+), avoided IP and cookie connections, and worked through various proxies. This gave us a stable pool of ready-made accounts for the future.
We can’t do without cloak and dagger. Moderators saw a neutral white paper – a blog about personal finance, such as “how to make a budget”.
Users were immediately directed to the pre-land in the format of a news article with a case study on crypto earnings plus a call to action: registration on the platform. This approach drove traffic and increased conversion.
To start with, we took the top offers from OneCrypt – QuantumAI for Canada and Socar for Azerbaijan. They promised from $400 to $1400 per deposit. In order not to take risks, we launched 3-4 offers in parallel. Each offer had its own semantics, ads, and campaign.
We wrote them carefully, without direct mention of crypto or “guarantees”:
“A new platform for investments. Learn how to increase your profits.” We combined compliant creatives with cloak and dagger, and it was moderated.”
We launched in several countries with budgets of $50-100 per day. The start was nerve-wracking: will there be traffic? Will we get banned?
The first clicks were there. And the first leads, too. Did you make any profit? Not yet. In a few weeks, we lost ~$5,000 and earned ~$3,000. Minus $2k is not critical, because we got a lot of data in return.
What did you learn from this:
Survived. Now we are optimizing and scaling.
After the test draw, a beginner’s hands would have dropped. But an experienced arbitrageur knows that this is just the beginning.
We analyzed everything: which ads gave the highest CTR, which keys were actually converted, where the leads reached the deposit, and where they merged. As a result, we concentrated on one bundle that looked convincing against the rest: a crypto offer for one of the GEOs (we do not disclose for privacy reasons), with an adequate CPC and ~14% conversion to a deposit.
The ConvertX editorial team, as always, shares its practice – without embellishment, only working insights.
We turned off all failed campaigns and focused the budget on a promising one. Next steps:
Result: there was less traffic, but CPL fell from ~$80 to ~$50.
2 weeks after the optimization, we got the first stable advantages. ROI has grown: at first, it was +20%, and then it remained at the level of 50%. At a cost of $300/day, we received ~$450 in return. The money went not only to Google but also back to the account.
Final results for the second month:
The downside has been recouped. The model worked. The formula of offer + pre-launch + creative gave us a stable income.
A single connection is not enough to reach $50k per month. You need:
But with three people (me, a buyer, and a techie), it was already a limit mode. If you optimize something, everything in the rest of GEO crashes, if you write creative, your account gets banned. It became obvious: we needed a team.
We had a working connection, so it was time to scale. The plan was clear: to copy the successful link to other regions, while raising the budget. But without a team, this is simply unrealistic: you need more accounts, more hands, more creatives for different markets.
At the start, there were three of us. I was responsible for everything: buying, analytics, creative, and technical. But with the first money, we had the opportunity to reinvest in people. Gradually, the team grew:
I hired two experienced buyers with a background in contextual advertising. They took over the GEO part, optimizing bids, launching new connections, and monitoring the daily operation of campaigns.
A separate person is responsible for farming accounts. His area of responsibility is the daily creation/purchase of new Google accounts, warming up, and transferring ready-made accounts to buyers. This removed the entire routine with accounts from the main team – and in case of a ban, there was always a reserve.
Responsible for texts and banners for different countries. Localization for the mentality, adaptation of ads and landing pages, new headlines – everything to make each GEO “catch” in its own way. Plus, Responsive Ads – we connected both banners and texts.
This role combined two areas:
Scaling is not just about pouring in more budget. It means rebuilding the entire system: from team roles to account logistics and communications. But it is at this stage that profits with stability are born.
Forming a team yielded results almost instantly. A clear division of roles allowed us to scale aggressively but under control.
While the buyers kept the traffic in focus, the farmer provided accounts on a daily basis (in the third month alone, we experienced about 10 bans without losing momentum).
Creativist supplied fresh texts and prelends for local markets, so CTR and conversion remained at the same level even with the increase in volumes.
The cloaking technician provided backup: Google continued to see white pages, and the real traffic was going where it was supposed to go.
The scale started with expansion – from 1-2 countries to 5+ GEOs. Main focus: Southeast Asia, Latin America, and partially Europe. We worked with those countries where it is either easier to moderate or there is a strong audience for financiers.
For each GEO:
It turned out that in some places, clicks are cheap, but payouts on the offer are low, and in others – vice versa. We balanced: part of the budget was poured into GEOs with volume, and part – into those that gave a fat margin.
Budgets on accounts were raised gradually. If the campaign showed at least +30% ROI, the limit was doubled. From $50/day to $500+.
At the peak, there were 200+ accounts running simultaneously, the daily budget reached $15-20k.
Yes, the ROI slipped a bit (from 100% on tests to 50-60% on scale), but the total profit grew exponentially.
The key to survival is the constant monitoring of all metrics:
There were some mistakes: sometimes traffic accidentally went to the white page, the tracker crashed somewhere, or extra keys appeared. But thanks to monitoring, we managed to catch everything.
By the end of the third month:
The machine started working. On average $2-3k net per day. From a drain of -$2k to a stable profitable model in 90 days.
In three months, we have come a long way, which seems fantastic to many people. But, as you can see, there is no magic – only a competent strategy and daily implementation.
This case study was prepared by the editors of the ConvertX project. We remind you that we are building an ecosystem for buyers of all levels – for Junior, for Middle, for Senior, for C-lvl.
As a result, the case showed that even in gray crypto, you can quickly reach serious profits through Google Ads. It took discipline, knowledge, and a willingness to take risks, but it was worth it. There are no “magic buttons” here – there is only systematic work, testing, and thoughtful optimization.
If you plan to follow a similar path, take these insights into account. Crypto remains an attractive vertical: yes, it is complex, with a lot of pitfalls, but for those who are not afraid to work and think like a business, the opportunities are still open.
Think like a strategist, count the numbers, don’t give up after the first failures, and let your cases break records. Good luck with your binge!