Hello everyone, I hope you're all doing well. As I speak, my portfolio is down by 50% and ironically, this happened at a time when I needed funds for something urgent. Thankfully, I took advice from someone on this forum about participating in airdrops, which became my saving grace this week.
It's a promising opportunity if you don't take it seriously. Of every 10 projects, 1 or 2 may yield good returns. In the best-case scenario, you'll make a profit, but it can't replace trading or compensate for a 50% loss in your investment portfolio.
By the way, Bitcoin has fallen by about 30% from its ATH. If your losses are greater than that, it's better to focus on Bitcoin rather than altcoins.
You are right, but as someone who just came to the space not long ago, that airdrop came at the right time for me and i believe that it will do great.