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Topic: How to Manage Airdrops? - page 5. (Read 1130 times)

member
Activity: 213
Merit: 11
[ CINDX ] REFORM HOW SELL & BUY CRYPTO
November 02, 2017, 09:09:33 AM
#27
if that coin just have small value I will forget it.
I don't want to pay fee for sale with small amount

Same with me. Wait for more days, if that coin not increasing their value, then its time to dump it.
Currently, some airdrop events charge people to pay the ERC20 GAS. It makes some people less interested join the airdrop. 
full member
Activity: 434
Merit: 100
November 02, 2017, 06:45:37 AM
#26
if that coin just have small value I will forget it.
I don't want to pay fee for sale with small amount
full member
Activity: 210
Merit: 103
November 02, 2017, 05:54:33 AM
#25
I just discovered Blockfolio, too, and it is very nice for monitoring all your coins.  It even has some of the crap airdrop coins like edoge on it. 
member
Activity: 213
Merit: 11
[ CINDX ] REFORM HOW SELL & BUY CRYPTO
November 02, 2017, 12:20:04 AM
#24
I watch them on Blockfolio and after they reach a certain amount (it depends on the coin) I will sell most of them. It't actually a little work to sell them and I'm pretty lazy most of the time, so I just hold most of them. But I can't recommend Blockfolio enough. It's super nice for unlocking your phone every other minute and seeing if something is moving... lol Honestly though it's an easy way to keep an eye on your coins.

Yeah, I love this apps too. But sometimes, blockfolio apps often have errors while showing the price. We need to refresh the apps each time to get correct price. Some New ERC20 token, often takes time to show up their ticker on that apps.
member
Activity: 84
Merit: 10
November 01, 2017, 11:00:37 PM
#23
I watch them on Blockfolio and after they reach a certain amount (it depends on the coin) I will sell most of them. It't actually a little work to sell them and I'm pretty lazy most of the time, so I just hold most of them. But I can't recommend Blockfolio enough. It's super nice for unlocking your phone every other minute and seeing if something is moving... lol Honestly though it's an easy way to keep an eye on your coins.
sr. member
Activity: 672
Merit: 251
November 01, 2017, 10:17:18 PM
#22
Hi All,

Quick question from newbie. How do you manage your airdrops? Did you sell it immediately? Do you sell half of it? Or just hold it until reach big exchanges?

Your answer is highly appreciated. Thank you.
Just like hodling an asset I am hodling it until the market of that airdropped coin will pump. That's how it is. That's how you will deal with the airdropped coins. They are also assets.
member
Activity: 265
Merit: 14
Nina
November 01, 2017, 10:10:06 PM
#21
Since airdrops usually equals free tokens/coins, i dont loose any money if the dont succeed. With that in mind i store them in a wallet, fill out a document with info about the coin and store that on a USB. Then i forget about them and hope they reach high prices in a couple years  Cheesy

I adopt the same structure so i store all the airdops in my little 2 years baby wallet  Smiley
I wish it will worth millions of dollars when my son got 10  Roll Eyes  Cheesy
hero member
Activity: 896
Merit: 504
November 01, 2017, 09:54:01 PM
#20
Sell immediately it is not the best strategy, but it is simple and not the worst if you don't want to research token price, if you don't want to track moment of the price pump
full member
Activity: 266
Merit: 101
The Experience Layer of the Decentralized Internet
November 01, 2017, 09:52:07 PM
#19
No exact way to do that, but mostly hold a bit until it has a decent price
You have nothing to lose though, free money, less pressure  Grin
full member
Activity: 420
Merit: 119
November 01, 2017, 09:48:50 PM
#18
Hi All,

Quick question from newbie. How do you manage your airdrops? Did you sell it immediately? Do you sell half of it? Or just hold it until reach big exchanges?

Your answer is highly appreciated. Thank you.

I don't usually do airdrops to avoid being scam because some of the airdrops are scam, but anyways airdrops is same as bounty token, i think the correction question here is how can you manage your token that you can obtain in airdrop and in bounties, For me, I think that you should store it if you think that the campaign has potential, Like me, I think Electroneum and Deep Onion have potential in growing so If had those, I would store it for a long time, until the price is larger.
full member
Activity: 210
Merit: 103
November 01, 2017, 09:39:36 PM
#17
I've just been holding them all, too.  I'd kick myself if one these "mooned" and I sold it for a few bucks.  Some look promising, some look like junk, but they are free, so nothing to lose.
member
Activity: 213
Merit: 11
[ CINDX ] REFORM HOW SELL & BUY CRYPTO
November 01, 2017, 09:27:30 PM
#16
Most airdropped coins never reach high prices, because devs are usually really incompetent and there's no real project/product behind them. There are few notable exception like eBTC and others, but are a minority. My suggestion is thus to sell as soon as they get listed on exchanges.

Yah, we have the same thoughts about this. I've been following some airdrop several times, but most of them dump the coin when reach higher price. It's looks like money game so far.
member
Activity: 392
Merit: 10
November 01, 2017, 01:08:36 PM
#15
First of all you must have higher rank here
newbie
Activity: 37
Merit: 0
November 01, 2017, 10:47:58 AM
#14
It depends on the coin tbh. If it's a complete shitcoin, you better sell as soon as it hits the market.
newbie
Activity: 30
Merit: 0
November 01, 2017, 10:46:45 AM
#13
I suggest keeping half and selling half.
newbie
Activity: 3
Merit: 0
November 01, 2017, 10:37:00 AM
#12
better to retain coins till got high value
member
Activity: 95
Merit: 11
November 01, 2017, 10:32:47 AM
#11
I throw them all into the same My Ether Wallet address.  I am not sure if it is a new feature or not, but the token link gives you the current price of the tokens.  If anything reaches a reasonable value ($25+?) then I usually sell for BTC.  I am not long in any airdrops, I just use them to increase my BTC holdings when and where it makes sense IMO.
full member
Activity: 469
Merit: 101
November 01, 2017, 10:24:41 AM
#10
It is prudent to store them in your wallet hoping that they will reach high prices after some time.
newbie
Activity: 32
Merit: 0
November 01, 2017, 10:16:07 AM
#9
I like to hold the coins or tokens of airdrops. Most may never gain value but there may be one big winner. I think I'd kick myself if I'd sold that one.
sr. member
Activity: 448
Merit: 250
November 01, 2017, 10:02:14 AM
#8
Most airdropped coins never reach high prices, because devs are usually really incompetent and there's no real project/product behind them. There are few notable exception like eBTC and others, but are a minority. My suggestion is thus to sell as soon as they get listed on exchanges.
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