Quote from: StephenJH on Today at 09:35:34 AM

Quote from: arhipova on Today at 07:09:06 AM

Quote from: purinZ14 on July 02, 2024, 03:22:33 PM

i have seen the word airdrop here in the forum many times but recently i encountered a social media post on a major platform advertising airdrops as a profitable opportunity i realized many people now are recommending crypto related things even in mainstream platforms

anyway my question is actually how can you actually be profitable with airdrops? i personally have not participated in one (yet, i am very interested in doing so) so i have no idea how many tokens are given for free for each address? is it just one or two? if so, how is that profitable when a lot of projects don’t even reach $1 and it will just be luck if it reaches three digits

i got curious because in that post i saw, many said that you can earn two to three digits (in us dollars) with airdrops so how are you profitable if you have 5 tokens from airdrops and its ath reaches just about a dollar?

To make profit with airdrops you can do following

1) If you do tasks manually, there will be limit to earnings.

2) Do not chase only free airdrops, you will be competing with many in these. Instead, there are airdrops which require you to stake some money or do some transactions, these are more fruitful.

3) You can also hire some VAs to scale airdrop work. But do this only after you have mastered the basics yourself and have started earning from airdrops already.

Airdrops are mostly a waste of time for inexperienced bounty or airdrop hunters, they don't know how to maintain the requirements that bring more stakes to holders. Mostly, airdropped altcoins don't get listed on average crypto exchanges, in such cases, it is not going to be worth even a penny since there is no demand by other investors. I have to agree, to put some effort into getting more tokens or coin amounts but you never know which aidrop is going to be profitable.

It is not only the inexperienced, both the experienced and inexperienced may lose their money or miss out with airdrops, it only depends on luck at times and how the brains behind the project make it easy for you. It could be easy for some people to run their mouths about this as though it is easy or a certain approach to it, but I tell people to avoid deceit, there isn't. Many of them know what they are doing, they only need most people for relevance and social media presence, so when there is a huge marketing presence already, they might start demanding what people may not be able to meet as conditions to proceed.

At the same time, some may even be a scam or too little in reward for the money, time and energy wasted on them. This is why I do not give in to the airdrops and I even dislike people using some styles to compel me to do their bidding, especially with my social media accounts. I feel so little of myself doing that, which has been helping me to avoid wasting my time. And if I should use a fraction for this, the airdrop that works should be about 1/1000, if not less.