I finally received an Airdrop that actually had some value (BLUE) and traded 10,000 for .3 ETH on EtherDelta. A couple days later it was trading higher so I purchased more than twice the original amount I had. A couple more days go by, I sell and almost double the amount of ETH I had in the exchange.
I say all this to say what you are doing is highly plausible especially with the volatility in the crypto market. Best of luck to you!