Topic: Hello. I am new here but invested in BTC since 2010 - page 2. (Read 306 times)

Most tokens that are given in airdrop are not yet available in market. Its one way og their campaign. So its not really unfair that there are existing giveaways because not all of us have the capability to buy or invest. So its just a bonus

All of them simply ask for your ETH address and want you to join their channel on telegram. I mean, it doesnt make any sense.

Why would people buy when a lot of people are getting them for free.

As said, generally, you can't have much from an airdrop. Most airdrops only give you less than 3$ (at least in my case). I suggest you try investing and trading with altcoins especially now that you have gained enough experience from trading stocks. Crypto and stocks are not that far from each other ao I can say, you can have a better future in trading than just waiting for airdrops.

Can you suggest me some good AIRDROP coins??? because i dont want to trade cryptos, and i am strapped for cash. but i dont want to make the same mistake of ignoring other cryptos other than BTC

Wow, you invested in bitcoin so early, you should be a very old player.
However, most of the current airdrops are just a scam, they are worthless, so don't waste your time.

Oh! 2010??
You must have held your bitcoins. Anyway each and every coins won't do airdrop for users. Also 8/10 airdrops are just bull shit. So people have to invest in other altcoins.

Why would blockchain projects give away free tokens?

If you're not paying for the product, you are the product. With doing an airdrop the project creates awareness about their ICO or token. It brings people to the project that otherwise would not have owned or heard about it. It could lead to token price appreciation, since people value a token they own higher than a token they don't own. This is called the endowment effect.

Airdrops create a community/network of people who own the tokens. If you would list the token distribution after an ICO in a pie graph, a large part of the pie is still owned by the Dev's or project. Another large part is owned by people who joined a pre-sale. And a reasonable part is owned by people who invested in the ICO. An airdrop adds an extra slice to the pie and that slice will have the most people in it.

An airdrop also plants a seed. When you look at Coinmarketcap you will see a list of thousand coins. Just on page one you can see 100 coins listed. However if you have or had a coin that name is still in your brain. The seed is planted and whenever you check Coinmarketcap and scroll down, the name of the free e-Coin will jump out and people will check how it is doing. If they see an article that the free e-Token is doing well or bad, they are more likely to click it if they own it or previously have owned it. It's just like advertising!

Looking​ ​forward,​ ​possible​ crypto ​airdrop​ ​developments​ ​could​ ​be​ ​projects​ ​starting​ ​to​ ​gift​ ​tokens​ ​to​ ​users​ ​who hold​ ​tokens​ ​in​ ​projects​ ​that​ ​overlap​ ​or​ ​have​ ​some​ ​synergy​ ​with​ ​their​ ​own.​ ​We​ ​could​ ​also​ ​see​ ​projects encouraging​ ​other​ ​projects​ ​to​ ​airdrop​ ​to​ ​their​ ​token​ ​owners​ ​and​ ​receiving​ ​some​ ​benefit​ ​in​ ​return. Like we already see happening at the Ethereum, Waves, NXT & Komodo platforms.