Airdrops are easy money before when the time of ICOs were soaring but then it has come to lie low when the bear market has came. And also, when the market has been back again for 2021 which the bull run came.
There were some few airdrops that have became profitable for those eligible which has been given away. I don't join most airdrops that I see even if I think they're profitable, I just don't feel that I should join any of it.
It is not bad if you hunt airdrops because some people make profit when they find profitable projects. But it's not worth it if you give your full time. Yes it is easy money but it always depends on how the project will go do your own research to avoid being scam.
Yes, I know that many earn from airdrops and there have been dedicated hunters for it.
Those that have became full time with it understands the risk that they're in. The amount of time that they're allocating on it has given them the ups and downs of it just as what you've said the latter.
Also, they've experienced several common and uncommon ruling as per the project's management towards the distribution of airdrops like full KYC is being implemented before the participants will be eligible for any release of tokens and rewards.