Topic: Crypto Airdrops: the game changer - page 2. (Read 752 times)

Billionaire wey dun make money always talk say na boring investment dey give money pass but we dey claim like say we sabi pass them.

Them say that business wey you dey overlook so na him get better ROI pass because e go dey consistent in a long timr and na wetin dey for inside Bitcoin because dat. You fit dey go get dem X's wey you dey find but you no get guarantee say you go make profits but e sure for Bitcoin side. Wetin sure pass that kind update eh?

Make we no dey chase them 1000% increase come miss to make profits in general. Better go for wetin dey stable but sha you fit still risk small somewhere but make e be pure gamble.

Altcoins no be wetin you go put hopes for. People dey lose their life savings because them invest inside altcoins but you ko fit hear say person lose when e invest inside bitcoin and him just hodl not trying to outsmart the market or do anything like that.

Not all crypto currencies are worth investing in. Don’t say this is a good time to invest in cryptocurrency. If you are to something’s like this, you need to mention which of the crypto because I don't think there is any other coin that you can invest in and have in mind like bitcoin. So if you said crypto currencies, that means you generalise the name to all the crypto we have.

Furthermore, if you know the type of risk that meme coins have, you won’t advise anybody to invest in them. These are the coins that most of them are scams; they will not pay after individuals pump money into them, so next time stop mentioning meme coins among coins to invest in. 

Sometimes, when I see all this newbies taking the recent airdrops boom in Nigeria to mean them diving into the cryptocurrency space baffle me alot and some of those guys have build false narrative around those airdrops coins to me some of them have may have thought that participating in airdrops and bounty is actually a crypto journey, not knowing the fact that they are still far away from the reality on ground that those coins are just shitcoins and there is nothing much to them other than that hype thy suraund them at each point in time.

I know a guy that engaged quit active with dogcoin coin and when the coin was lunch he refused to sell that he want to hold his coins for long term, but as I am talking to you, the coin value have decreased significantly and there is no attempt to recover anytime now or even in the nearest future.

Exactly the point,  if we must invest in any cryptocurrency the future of such coin should be predetermined to avoid losing money, for me, investing in some unknown altcoin is like being sure that you will lose your money and going ahead on the mison to lose the fund, we are talking about investment not a kind of gambling, there are many projects littered in the telegram with many task given to their participants in other to get a particular allocation at the launching of the said project, in this case someone can be involved and becareful with their personal details to avoid scam but once momey is mentioned in such project participants are advised to give deaf ears to such and back off to avoid being convinced as time goes on.

It is advisable to do your thing without involving your hard earned money in those overhyped pump and dump projects that has no future in the market, we should at all time think about Bitcoin and the tactics we can introduce in improving our portfolio instead of having divided attention.

That's how things are. If it weren't for this forum, we would have fallen for many victims because some people don't like doing research, and he doesn't get new updates on cryptocurrency. Airdrops will not give you high profits in features if they launch them; instead, once they find what they're looking for, they'll just leave, and the coin will no longer have any value, and if you've already invested in it, that's the end of your funds; he won't raise them again, except with luck. But bitcoin, if the market falls, you will undoubtedly believe that he will rise.

But with all Airdrops, you never know when the mark will fall. I'm not saying you shouldn't invest in other coins, but you should be cautious because not all of them are good places to put your money. You'll notice that when a new airdrop comes out and people try to invest in it to make more money, but later on the market will fall and you won't be able to hope for anything. Notcoin is not moving as fast as he used too, the market is down and those who did not park there funds are losing believing that he will rise again. So, Bitcoin is the best coin you can tell someone to invest on and still get huge profit without worries that he won't raise again.

To dey do personal research make dem for dey get d main update about some crypto abi coin na d main challenge wey plenty pipo get wey dey make some.of them dey loose dia funds when things cast, dis na why we wey dey here, we get advantage because everyday dem dey sing am for here say make pipo do dia own research, no go take wetin person talk com put all your life savings inside something wey go later no fly.

Sometimes e go say if you mo understand something, comot body or just put small something wey be say if e cast, e no go wori you buy d main thing be say dis airdrop mata no be wetin you supposed dey really spend ontop, many of the airdrop wey dey ask for your money fit not fly but d ones wey dey later fly well no dey too as for fund except sometimes gas fee to claim dem  den u no go need put any funds again, so na to know about dis tinz well make you know wetin you dey put your energy and funds.

Especially as Notcoin turned a huge success na im make most people wey nor even know of cryptos join the race. I must confess sey Ton and telegram try for dem strategy and onboarded so many ignorant people, both for telegram and cryptos. Make we watch out, one day soon even other SM space go begin create avenues for their users to trade cryptos as telegram don create its own wallet. Na dis type of innovation dis industry need to get mass adoption, nor be to dey wait for an govment legislation to grant us dat.

There will always be scammers. Nor be sey na crypto headache alone. You fit remember sey even Jacob for Bible first run d matta wit him own twin brother unto birthright thinz and then also swindle am for Papa's blessings before e carry d 419 enta him in-law place too? Dat wan na Bible matta wey don tey well well before people tear eye, talkless of now. So, we nor go allow scammers scare us from venturing into thinz and scare us. We only get to be very careful and vigilant. For people wey faded Notcoin, most of dem regretted it. Me, I chop betta money from dat matta. Na d same way I dey expect sey Dogs go cook too as both of dem na almost same story and projection.

Well, dis is not a financial advice. Do Your Own Research before you venture into any of them but make sure sey na those zero airdrops you dey research on if you must do.

Because of the massive attention, crypto is gaining through airdrops farming, you don't advise those new to crypto to start having investments in altcoin all because you feel that Bitcoin is expensive and altcoin is cheap; altcoin can give them x100 or x1000 profits in this bull run.

This exact mentality of yours has made many people invest more than they can afford to lose, all because someone once told them altcoin investment can give them more profits than Bitcoin, so they now invest their hard-earned money hoping to be millionaires with their invested altcoin. When their plans backfired, it didn't work out as speculated; they started cursing crypto investment to be scams, forgetting that they failed to have their crypto portfolio made of 80% Bitcoin and 20% altcoin. At least that will curtail their investment losses

A lot of people got introduced to crypto currency through airdrops one popular one is notcoin and some other web 3 games, a lot of people benefitted from this airdrop and some people ventured into crypto trading with the tokens they acquired from the project. The impact of crypto currency has been increased due to the engagement and introduction of airdrops, the ongoing projects also has a lot of users participating daily and waiting patiently for these airdrops. Crypto has come to stay

What I fear most about these new coins or altcoins offering airdrops is when they decide to rally behind a pump event just to gain more investors willing to pay, all for the chance of having their profit skyrocket overnight. Greed will make newbie and oldie investors jump into new coins because of fast gains that may be too risky in the short run to begin with.

Bitcoin has never been one to disappoint with a steady DCA strategy or be it a lump sum investment, because in the end, the profit may not be as much as 100 folds, but it sure would be worth your time, and will ensure your peace of mind is intact despite the current market trend.

Don't spend your dime on airdrops unless you got a lot more money than is known and are looking to invest solely in cryptocurrency mostly new coins that would be worth something after a major pump, else, DYOR and stick to a simple DCA strategy with Bitcoin over time.

So after all your research, what's the guarantee that you are going to make a killing with the altcoin that you have chosen. Make e no do you like film say the one wey you go pick na that one go dump pass others. Investing in altcoins (memecoins especially) na pure gamble and you should only do it if na gambling wey you wan do. No put money inside them come dey expect to get guaranteed ROI because no be so e be. Na only Bitcoin dey guaranteed for here and nothing else na why experience investors dey always tell you to buy Bitcoin and not those altcoins wey you dey mention.

Crypto Airdrops especially tapping games for telegram dun bring a new wave of investors into the market and those investors go later discover say na Bitcoin na him sure pass and dem go fomo into the market so na we wey dun buy before now go profits from that fomo. This na why wetin you suppose dey do now na to buy Bitcoin and later you fit just play around the market with some altcoins via gambling. Bitcoin is the future because say you fit wake up tomorrow you no see that altcoins wey you like so much for market again but Bitcoin go always dey here with us so no use am play.

Yes nah true way you talk, and truly them nah really newbies on crypto currency, and they also done dedicate more of their time to this airdrops because they get the believe say the airdrop nah fo elevate them from trenches.
The truth about this airdrops of a thing be say them dey many but nah only few nai be legit projects, and most people because of say them done try oda ones e no work for them come make even if them see the legit ones them no care again, based on say them done try manu of them e no work out the way them play am.

Exactly to be in a safer side because some will definitely come with the mindset to farm you instead, well airdrop has been existing for long now before this telegram mini app . And I believe the way things is going , this means of farming may lose Value because so many scam project Will use this opportunity to come in , inorder to farm the community. Like for instance this hamster Kombat of a thing was the ones that initiated the youtube statics, and same time they bought playing of game while the one that actually paid didn't stress us that much . But all those stupid new project will stress someone's live and at the end give them dust. But they are still good project at there but still will just have to approach them with caution.

I see a different picture altogether from the Op is painting about airdrop as a  gateway of attraction to many more people's adoption of bitcoin and cryptocurrency in general. Except for those that haven't had an experience with airdrops but for the seasoned çrypto enthusiasts they have a good experience with airdrops which they wouldn't think of relying on as a means to earn crypto.

About 95 if not 98% of the tap-tap airdrops that have been making waves all over will eventually become a disappointment from the people's expectations on them and it's going to deter amny persons from interesting themselves about anything çrypto. This isn't the first time airdrops mining has flooded the mainstream especially close to the bullrun anticipated season and often times it has been a disappointing show.

Intended crypto adopters should instead focus on how to gradually buy bitcoin in the fractions they can afford using the DCA method to accumulate and own cryptocurrency rather than depending on airdrops as a means.

No be say altcoins bad like dat wey person go invest in sha, but na the uncertainty wey dey wit am na him make many people dey stay away from them. Over the years now, we suppose don see how the market be by now and how many of those altcoin don dey do well for market and no dey like something wey go fail again. Altcoins like Ethereum and Solana na the two most dependable coins wey I fit invest in and get big confident say them go do well for me and I no go lose any money for the thing as far as bitcoin go do well which I know say e go certainly do well this coming bull run. So even though person wan go into another crypto to invest in, na the two wey I go suggest for them. No be say others no dey sha, but na this one i get more conviction for the other one.

When you come from a third world country or you Dey below the middle class, na so so free thing or free ways to make money you go Dey fine because, the spear money way them Dey talk cef, you no get am. So once you hear say, na this side Dey pay now, no so you go just rush put body, make you no Dey left out. Nothing bad pass, when you Dey aware of the information but somehow, you been Dey reluctant to try so, you con miss the opportunity.

Crypto airdrop don Dey loud so tay, e go be like say, you no Dey the life cef if you claim say, you never hear of the tap tap way dey go on. People don even dey use am catch cruise. The matter be say, even as e help dey create awareness for digital currency so, e go dey more advantageous when people make money from am but, you and me know say, all no ever fit dey successful.

Na in that lack of success na em crypto dey take turn scam to people way no get proper info.

Relying or hoping on airdrops now is definitely a wrong move to make, most projects coming out these are just to scam people or try to get traffic to their social media pages, There are airdrops that have done well in the past but looking at how things are going I'd say that
I'm a bit skeptical towards most airdrops
I got involved in oex airdrop one of satoshi projects, we Ve been waiting for them to launch for months but we haven't heard anything from the developers, I don't think airdrops are still what they used to be in the past..
Or are they specified areas of airdrops that should be focused on?
Between social Fi, web3 games or satoshi projects which one of these is promising?

I think it is better for beginners in the cryptocurrencies to accept bitcoin as their begining asset because the users users does not necessarily need the technical terminologies before making valuable profits in the industry.
You are primarily required to buy fractions as much you can afford with as minimum affordable amount while considering the volatility risk potentials.
Keep holds of patient, buying of Dca at when you can keep asset securities firmly is the ultimate which is undisputed in the entire crypto coins.

Your thread make sense wey you drop, na to show people say if no be bitcoin other altcoins self make sense. Even people don make money from these altcoins far back like 6/7 years ago. These coins wey you mention don give people money, like shibba, dogecoin. The thing and popularity don increase with the mining wey dey go on now for telegram. Notcoin na number one wey dey make people get long throat and more people dey regret about am.

Regards to these coins wey you don mention, I go just add one coin wey person fit still invest on na qubic but this no be professional advise oo. Research and be careful of whatever investment we do. However, that qubic coin don make multiple returns lately.

These type of specification that people leave out is actually what lure some ignorant persons to go into crypto without even knowing how big the whole space is, there are lots of coins out there and most especially this bull season period when all sort of shit coins are being launch everyday and most time you don't even know how legit it is because you will end up being regretful because most of them are scam and that's also same for the airdrops but atleast the airdrops you don't get to invest any dime.