yup waste of time, but just for no have money 
just have the following in mind:
you are wasting your electricity
You are spending your internet (your Mb)
you are wasting your time
So you really think that this somehow pays off? ok you can tell me that there are people who watch movies online, others watch porn, others play online and are spending the same thing, but at least they are somehow having fun while the faucets are tiring and you run the risk of not receiving your payment.
investing is also damn idea 
i also invest my money into great project but until now the payment is on hold 
i also invest my money into great project but until now the payment is on hold Are you sure you have invested in some honest website? because I think you invested in some hyip/ponzi site