Quote from: bitLeap on Today at 03:28:43 PM

Quote from: irhact on Today at 02:55:51 AM

Quote from: Olamidetechie on March 21, 2025, 11:32:41 AM

Missing out on an airdrop is not something I really like, because I see opportunity in anything others see as free things. At least, if I'm going to count now, I've gotten at least $430 from all airdrops so far, including $NOTCOIN, $CATS, $MAJOR, and many others. The painful part of my airdrop journey is that the one I should have made at least $100 from is $BR, but I was not eligible when I checked. However, after reading the whitepaper and also seeing it trend this morning, I see a good future ahead of it, and I'm thinking of putting some liquidity on it by participating in the Candybomb event which means by trading it i will get the project airdrop. Do you think this decision is great?

I just want to see how your decision went if you're in profits right now or you're thinking you made a mistake by investing in the coin. I don't like investing in projects that did a very massive airdrop as people that received the airdrop without working for it that much, won't value what they have to hodl but will sell at the slightest chance that they'll see therefore making the value of the coins to drop massively in price. Take a look at all the project you called, they're not at the high price that they were previously. Although the whole market has taken a decline but altcoins especially the airdrop ones are the ones receiving the more dumping as some individuals are selling to recover.

When you get an airdrop quota, the only way is to sell it immediately, no matter how much profit you get, because after the release the price will continue to fall, every airdrop recipient will generally also sell. If it is too late, it will take a long time to be able to sell it again at the price we want. That is if the project has good prospects and gets great support from investors. But the airdrop prize that I understand finally can't reach its ideal price anymore.

Airdrops are meant to be sold immediately before the price starts going down drastically. Many crypto miners have missed so many opportunities to earn high from the airdrops they supposed to have sold when launched before the price starts going dip.
We should just have too much confidence in a coin that has just launched because we might be surprised that such project might not do well in the market. For a project to keep going up and doing well in the market, there is need to the project team to keep boasting the hype so that more investors could get to know about the project and our their money.